When was Ignosis founded?

Ignosis was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Ignosis located?

Ignosis is headquartered in Ahmedabad, India. It is registered at Block A - 807 Navratna Corporate Park, Iscon Ambli Road, Ahmedabad, Ambli, Ahmedabad, Daskroi, Gujarat, India, 380058.

Who is the current CEO of Ignosis?

Nirav Prajapati of Ignosis. They have also founded 2 companies.

Which legal entities is Ignosis associated with?

Ignosis is associated with IGNOSI SYSTEMS PRIVATE LIMITED.

How many employees does Ignosis have?

As of May 31, 2026, Ignosis has 58 employees, reflecting a 153% year-over-year growth in headcount.

Is Ignosis a funded company?

Ignosis is a funded company, having raised a total of $5.49M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jul 08, 2022.

How much is Ignosis worth?

The latest valuation of Ignosis is ₹***** as of Nov 06, 2025. This marks a decline of 1% from its peak valuation of ₹174Cr in Jul, 2022. This marks a decline of 1% from its peak valuation of ₹174Cr in Jul, 2022.

When was the latest funding round of Ignosis?

Ignosis' latest funding was a $***** Seed round on Sep 03, 2025, with participation from 8 investors. Its primary sector is Banking Tech. In India, the Banking Tech sector has seen $238M in funding in 2026 to date.

What is the annual revenue of Ignosis?

Annual revenue of Ignosis is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Ignosis rank among its competitors?

Ignosis ranks 70th amongst 1843 active competitors, of which 191 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Ignosis, which secured $4M in Sep, 2025.

Who are the top competitors of Ignosis?

Ignosis' top competitors include Money Forward, Plum and Cleo. Among them, Ignosis secured the most recent funding round in September, 2025.

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

Ignosis is a seed company based in Ahmedabad (India), founded in 2022 by Nirav Prajapati and Chintan Sheth. It operates as a Provider of financial data intelligence and automated artificial intelligence agents. Ignosis has raised $5.49M in funding from Surge, with a current valuation of ₹*****. The company has 1843 active competitors, including 191 funded and 83 that have exited. Its top competitors include companies like Money Forward, Plum and Cleo.

Company Details

Provider of financial data intelligence and automated artificial intelligence agents. The platform aggregates consented banking information to facilitate real-time decisioning for lending, collections, and customer servicing workflows. It utilizes orchestration tools to verify income, assess repayment capacity, and monitor business transactions. Automated agents manage customer interactions, lead qualification, and support tasks. The system integrates financial signals into operational processes to improve underwriting accuracy and recovery efficiency.

Website: ignosis.ai
Social
Email ID: *****@ignosis.ai
Registered Address: Block A - 807 Navratna Corporate Park, Iscon Ambli Road, Ahmedabad, Ambli, Ahmedabad, Daskroi, Gujarat, India, 380058

Key Metrics

Founded Year

2022

Location

Ahmedabad, India

Stage

Seed

Total Funding

$5.49M in 3 rounds

Latest Funding Round

Seed, Sep 03, 2025, $*****

Post Money Valuation

₹***** as on Nov 06, 2025

Investors

Surge & 9 more

Ranked

70^th among 1843 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

58 as on May 31, 2026

Similar Companies

Money Forward & 3634 more

View Ignosis' full profile

Ignosis is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
IGNOSI SYSTEMS PRIVATE LIMITED CIN: U72200GJ2022PTC128725 , India, Active	Jan 19, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	58 (As on May 01, 2026)

Ignosis has raised a total funding of $5.49M over 3 rounds. Its first funding round was on Jul 08, 2022. Its latest funding round was a Seed round on Sep 03, 2025 for $*****. 8 investors participated in its latest round. Ignosis has 8 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Ignosis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2025	2928082	Seed	4976903	3038191	5480893	7660390
Jan 15, 2024	5988295	Seed	5173325	9729426	5306665	Groww & 2 more
Jul 08, 2022	2152835	Angel	3441303	8579485	5055149	1073726

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View details of Ignosis's funding rounds and investors

The founders of Ignosis are Nirav Prajapati and Chintan Sheth. Nirav Prajapati is the CEO of Ignosis.

Here are the details of Ignosis' key team members:

Nirav Prajapati: Co-Founder & CEO of Ignosis and founder of 2 other companies, Pirimidtech and StudyBoard. They serve on the boards of 2 companies.
Contact Info: 2 email addresses and 2 phone numbers
Chintan Sheth: Co-Founder & CTO of Ignosis. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Ignosis' Board of Directors

Ignosis's board has 2 active members. Nirav Prajapati and Chintan Sheth are part of team.

Here is the list of Ignosis' board of directors:

Name	Type	Representing	Status	Duration
Nirav Prajapati	Team	-	Current	4y 9m
Chintan Sheth	Team	-	Current	4y 9m

View details of Ignosis's Founder profiles and Board Members

Ignosis' employee count trend

Ignosis has 58 employees as of May 26. The total employee count is 152.0% more than what it was in May 25. Here is Ignosis's employee count trend over the years:

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Top competitors of Ignosis include Money Forward, Plum and Cleo. Here is the list of Top 10 competitors of Ignosis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Money Forward 2012, Minato City (Japan), Public	Personal Finance Management with Multiple Account aggregation	$43M	Mizuho Bank, Isetan Mitsukoshi Holdings & 24 others	86/100
2nd	Plum 2016, London (United Kingdom), Series B	AI-based automated spend management platform for individuals	$75.8M	Venture Friends, Ventura Capital & 54 others	80/100
3rd	Cleo Wilmington (United States), Acquired	AI-powered personal finance app that helps users track spending, build savings habits, and improve money management	$175M	EQT, Sofina & 55 others	79/100
4th	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.5M	Pitango, Morgenthaler & 10 others	78/100
5th	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	Forerunner, Menlo Ventures & 6 others	74/100
6th	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Elevation Capital & 32 others	74/100
7th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
8th	Fintonic 2012, Madrid (Spain), Series C	App-based platform for personal financial management and personal loans	$54.8M	ING Ventures, Onza Capital & 7 others	72/100
9th	FinBox 2015, Bengaluru (India), Series B	Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending	$51.1M	WestBridge Capital, IIFL Finance & 25 others	70/100
10th	Setpoint 2021, Austin (United States), Series B	Provider of software for managing debt facilities and securitized products	$94.8M	645 Ventures, Andreessen Horowitz & 17 others	69/100
70th	Ignosis 2022, Ahmedabad (India), Seed	Provider of financial data intelligence and automated artificial intelligence agents	$5.49M	Peak XV Partners, Force Ventures & 8 others	51/100

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Founders (largest shareholder) own 50.36%, Funds own 34.77%, Angels own 2.43% and Other People own 0.60%. The net worth of Ignosis's founders is INR 87.8Cr as of Nov 06, 2025. The cap table displayed below is for IGNOSI SYSTEMS PRIVATE LIMITED which is the legal entity associated with Ignosis.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	50.36%	87.8Cr	3039066	9441031	9912039	9286704
Nirav Prajapati	6095304	4380144	6564686	2547781	4227564	4800186
Chintan Sheth	4052314	5561087	6553150	8438476	5618135	6018200
Fund	34.77%	60.6Cr	9869390	7753505	1865414	6728135
Groww	8638564	6046942	5567198	8359343	1282964	8964919
Angel List	877	464	326	739	748	153
Angel	2.43%	4.24Cr	93	13	40	97
Other People	0.60%	1.05Cr	0	0	0	0
ESOP Pool	11.83%	20.6Cr	8376446	5111515	4660751	8933972
Total	100.00%	174Cr	1321823	4574053	6036791	9875281