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FOLO - About the company

FOLO is a seed company based in Mumbai (India), founded in 2024 by Vishal Purohit. It operates as a Provider of a net worth tracking and legacy planning application. FOLO has raised $2.9M in funding from Kanu Doshi Group, with a current valuation of ₹*****. The company has 91 active competitors, including 6 funded and 6 that have exited. Its top competitors include companies like axio, Walnut and FinArt.

Company Details

Provider of a net worth tracking and legacy planning application. It offers individuals to organise, share, manage, and grow the net worth in real time. It is designed to simplify personal finance, FOLO helps users stay in control of the financial well being while ensuring smooth and secure transmission of wealth. It consolidates assets, liabilities, and insurance information, allowing users to monitor the financial health. The application securely shares the data with designated individuals. An offline arm facilitates the seamless transfer of assets to heirs, ensuring financial continuity for families. Data is fetched securely from linked accounts, minimizing manual input.
Email ID
*****@finuture.in
Phone Number
+91 **********
Registered Address
Floor-2, Plot-264/265,Vaswani chambers, Dr Annie besant road, worli colony, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030
Key Metrics
Founded Year
2024
Location
Mumbai, India
Stage
Seed
Total Funding
$2.9M in 4 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 13, 2026
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
9 as on Jun 30, 2026
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FOLO's funding and investors

FOLO has raised a total funding of $2.9M over 4 rounds. Its first funding round was on Feb 05, 2024. Its latest funding round was a Seed round on May 13, 2026 for $*****. 3 investors participated in its latest round. FOLO has 2 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of FOLO:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 13, 2026
7487128
Seed
8655964
8865220
2173529
6856215
Apr 02, 2025
2000876
Seed
5583628
2985795
2776704
9855645
Dec 06, 2024
9597255
Seed
1162605
2762415
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FOLO's founders and board of directors

Founder? Claim Profile
The founders of FOLO is Vishal Purohit.
Here are the details of FOLO's key team members:

FOLO's employee count trend

FOLO has 9 employees as of Jun 26. Here is FOLO's employee count trend over the years:
Employee count trend for FOLO
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FOLO's Competitors and alternates

Top competitors of FOLO include axio, Walnut and FinArt. Here is the list of Top 10 competitors of FOLO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for axio
axio
2013, Bengaluru (India), Acquired
Provider of an online lending platform offering point of sale financing
$206M
75/100
2nd
Logo for Walnut
Walnut
2014, Pune (India), Acquired
Mobile based personal SMS assistant and expense tracking app
$9.38M
56/100
3rd
Logo for FOLO
FOLO
2024, Mumbai (India), Seed
Provider of a net worth tracking and legacy planning application
$2.9M
47/100
4th
Logo for FinArt
FinArt
2018, Bathinda (India), Unfunded
Expense management & savings platform
-
-
45/100
5th
Logo for Day to Day Expenses
Day to Day Expenses
2019, Chittoor (India), Unfunded
App-based platform for finance and expense management
-
-
44/100
6th
Logo for Fly Cash
Fly Cash
2016, Chennai (India), Unfunded
Chat-based expense tracking app
-
-
42/100
7th
Logo for SingleView
SingleView
2019, Hyderabad (India), Unfunded
Cloud-based finance management platform for individuals, corporates, and organizations
-
-
41/100
8th
Logo for Mintzip
Mintzip
2017, Delhi (India), Seed
Savings and money management platform
$254K
-
40/100
9th
Logo for AI Money
AI Money
2023, Kharagpur (India), Unfunded
AI Money is a mobile app that allows users to track and manage their expenses on their mobile devices
-
-
40/100
10th
Logo for Expanager
Expanager
2021, Bengaluru (India), Unfunded
Expense management app
-
-
38/100
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FOLO's Latest cap tables and shareholding

Founders (largest shareholder) own 72.55%, Funds own 1.24%, Enterprises own 1.96% and Angels own 11.44%. The net worth of FOLO's founders is INR 131Cr as of May 13, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
72.55%
131Cr
1152772
2898104
7497725
6378545
6787448
6329320
9002527
7199526
8484957
4756309
Fund
1.24%
2.24Cr
6
3
2
7
6
2
2
7
2
2
Enterprise
1.96%
3.54Cr
6
3
3
8
Angel
11.44%
20.7Cr
2047420
5466239
2641895
5452929
1
4
1
5
2
1
ESOP Pool
12.81%
23.1Cr
1609581
5338347
1175964
7008705
Total
100.00%
181Cr
9149204
9521656
2385753
4452507
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of FOLO's Shareholding

FOLO's Investments and acquisitions

FOLO has made no investments or acquisitions yet.

Reports related to FOLO

Here is the latest report on FOLO's sector:

News related to FOLO

Media has covered FOLO for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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FAQs about FOLO

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