When was FOLO founded?

FOLO was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is FOLO located?

FOLO is headquartered in Mumbai, India. It is registered at Floor-2, Plot-264/265,Vaswani chambers, Dr Annie besant road, worli colony, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030.

Which legal entities is FOLO associated with?

FOLO is associated with FINUTURE TECHNOLOGIES PRIVATE LIMITED.

How many employees does FOLO have?

As of Apr 30, 2026, the latest employee count at FOLO is 11.

Is FOLO a funded company?

FOLO is a funded company, having raised a total of $2.43M across 3 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on Feb 05, 2024.

When was the latest funding round of FOLO?

FOLO's latest funding was a ₹***** Seed round on Apr 02, 2025, with participation from 0 investor. Its primary sector is Investment Tech. In India, the Investment Tech sector has seen $89.1M in funding in 2026 to date.

What is the annual revenue of FOLO?

Annual revenue of FOLO is ₹23.3L as on Mar 31, 2025.

Where does FOLO rank among its competitors?

FOLO ranks 3rd amongst 91 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was FOLO, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of FOLO?

FOLO's top competitors include axio, Walnut and FinArt. Among them, FOLO secured the most recent funding round in April, 2025.

FOLO - 2026 Company Profile, Team, Funding, Competitors & Financials

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 $2.43M in funding from Kanu Doshi Group. 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.

Website: www.folo.one/
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

$2.43M in 3 rounds

Latest Funding Round

Seed, Apr 02, 2025, ₹*****

Investors

Kanu Doshi Group & 14 more

Ranked

3^rd among 91 active competitors

Annual Revenue

₹23.3L as on Mar 31, 2025

Employee Count

11 as on Apr 30, 2026

Similar Companies

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View FOLO's full profile

FOLO is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FINUTURE TECHNOLOGIES PRIVATE LIMITED CIN: U66300MH2022PTC392430 , India, Active	Oct 19, 2022	$27.5K (As on Mar 31, 2025)	-

FOLO has raised a total funding of $2.43M over 3 rounds. Its first funding round was on Feb 05, 2024. FOLO has 2 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of FOLO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2025	5372023	Seed	9547098	4089042	3863558	9657746
Dec 06, 2024	7703861	Seed	2527188	3677220	2777569	B&K Securities & 7 more
Feb 05, 2024	4180855	Seed	4070804	7771161	Kanu Doshi Group	B&K Securities & 6 more

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View details of FOLO's funding rounds and investors

The founders of FOLO is Vishal Purohit.

Here are the details of FOLO's key team members:

Vishal Purohit: Co-Founder of FOLO and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of FOLO's Founder profiles and Board Members

FOLO's employee count trend

FOLO has 11 employees as of Apr 26. Here is FOLO's employee count trend over the years:

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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	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Peak XV Partners & 32 others	75/100
2nd	Walnut 2014, Pune (India), Acquired	Mobile based personal SMS assistant and expense tracking app	$9.38M	Sequoia Capital, Elevation Capital & 10 others	56/100
3rd	FOLO 2024, Mumbai (India), Seed	Provider of a net worth tracking and legacy planning application	$2.43M	Kanu Doshi Group, B&K Securities & 13 others	46/100
4th	FinArt 2018, Bathinda (India), Unfunded	Expense management & savings platform	-	-	45/100
5th	Day to Day Expenses 2019, Chittoor (India), Unfunded	App-based platform for finance and expense management	-	-	44/100
6th	Fly Cash 2016, Chennai (India), Unfunded	Chat-based expense tracking app	-	-	42/100
7th	SingleView 2019, Hyderabad (India), Unfunded	Cloud-based finance management platform for individuals, corporates, and organizations	-	-	41/100
8th	Mintzip 2017, Delhi (India), Seed	Savings and money management platform	$254K	-	40/100
9th	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	Expanager 2021, Bengaluru (India), Unfunded	Expense management app	-	-	38/100

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Founders (largest shareholder) own 74.41%, Funds own 1.27%, Enterprises own 0.87% and Angels own 10.30%. The net worth of FOLO's founders is INR 91.9Cr as of Jan 06, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	74.41%	91.9Cr	3916734	1900875	4971073	7326445
Fund	1.27%	1.57Cr	5	2	2	8
Kanu Doshi Group	2	1	7	5	1	2
Enterprise	0.87%	1.08Cr	0	0	0	0
Angel	10.30%	12.7Cr	5167601	9851836	3104759	3218789
ESOP Pool	13.13%	16.2Cr	8017777	2187248	4959010	3785551
Total	99.98%	123Cr	2280016	5390815	8437661	9120471