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 Jun 30, 2026, the latest employee count at FOLO is 9.

Is FOLO a funded company?

FOLO is a funded company, having raised a total of $2.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 05, 2024.

How much is FOLO worth?

The latest valuation of FOLO is ₹***** as of May 13, 2026.

When was the latest funding round of FOLO?

FOLO's latest funding was a $***** Seed round on May 13, 2026, with participation from 3 investors.

What is the annual revenue of FOLO?

Annual revenue of FOLO is less than ₹10 Cr 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 May, 2026.

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 $2.9M 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.

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

$2.9M in 4 rounds

Latest Funding Round

Seed, May 13, 2026, $*****

Post Money Valuation

₹***** as on May 13, 2026

Investors

Kanu Doshi Group & 14 more

Ranked

3^rd among 91 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

9 as on Jun 30, 2026

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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	0 - ₹10 Cr (As on Mar 31, 2025)	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2026	9813159	Seed	6763904	5324514	4426567	6134241
Apr 02, 2025	6497635	Seed	9178715	7349850	1517312	6942983
Dec 06, 2024	4591388	Seed	9154686	9842707	Shailesh Dalmia	B&K Securities & 7 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 9 employees as of Jun 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	$2.9M	Kanu Doshi Group, B&K Securities & 13 others	47/100
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 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	9739274	1039422	6511081	3878975
Vishal Purohit	3344163	6154822	1842319	4875333	7183472	5977931
Fund	1.24%	2.24Cr	7	7	1	1
Kanu Doshi Group	4	4	7	3	2	8
Enterprise	1.96%	3.54Cr	4	6	6	1
Angel	11.44%	20.7Cr	2664817	5034855	3049376	8261778
Shailesh Dalmia	8	1	6	7	1	6
ESOP Pool	12.81%	23.1Cr	7499340	2721170	2832804	7663692
Total	100.00%	181Cr	8640423	4195756	3713884	9273975