When was NAKAD founded?

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

Where is NAKAD located?

NAKAD is headquartered in Gurugram, India. It is registered at Plot No. 27, 3rd Floor, Community Center Naraina Vihar, Phase-I, South West Delhi, New Delhi, Delhi, India, 110028.

Which legal entities is NAKAD associated with?

NAKAD is associated with ALPHASTAR TECHNOLOGIES PRIVATE LIMITED.

How many employees does NAKAD have?

As of Aug 31, 2025, the latest employee count at NAKAD is 69.

Is NAKAD a funded company?

NAKAD is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 25, 2022.

How much is NAKAD worth?

The latest valuation of NAKAD is ₹***** as of Sep 14, 2022.

When was the latest funding round of NAKAD?

NAKAD's latest funding was a $***** Seed round on May 25, 2022, with participation from 57 investors.

What is the annual revenue of NAKAD?

Annual revenue of NAKAD is ₹5.22Cr as on Mar 31, 2025.

Where does NAKAD rank among its competitors?

NAKAD ranks 1st amongst 8 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was NAKAD, which secured $7M in May, 2022.

Who are the top competitors of NAKAD?

NAKAD's top competitors include Priority Vendor, Finchain and SimplyFI. Among them, NAKAD secured the most recent funding round in May, 2022.

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

NAKAD is a seed company based in Gurugram (India), founded in 2022 by Sambhav Jain and Avinash Uttav. It operates as a Provider of a reconciliation-as-a-service platform for financial operations and compliance management. NAKAD has raised $7M in funding from Accel and Z47, with a current valuation of ₹*****. The company has 8 active competitors, including 2 that are funded. Its top competitors include companies like Priority Vendor, Finchain and SimplyFI.

Company Details

Provider of a reconciliation-as-a-service platform for financial operations and compliance management. It offers a platform that connects businesses with banks and credit institutions for purchase orders and tokenised invoice financing. It enables invoice tokenization, lending, and automated reconciliation to ease cash flow burdens for small businesses.

Website: www.nakad.co/
Email ID: *****@nakad.co
Phone Number: +91 **********
Registered Address: Plot No. 27, 3rd Floor, Community Center Naraina Vihar, Phase-I, South West Delhi, New Delhi, Delhi, India, 110028

Key Metrics

Founded Year

2022

Location

Gurugram, India

Stage

Seed

Total Funding

$7M in 1 round

Latest Funding Round

Seed, May 25, 2022, $*****

Post Money Valuation

₹***** as on Sep 14, 2022

Investors

Accel & 67 more

Ranked

1^st among 8 active competitors

Annual Revenue

₹5.22Cr as on Mar 31, 2025

Employee Count

69 as on Aug 31, 2025

Similar Companies

Priority Vendor & 10 more

View NAKAD's full profile

NAKAD is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALPHASTAR TECHNOLOGIES PRIVATE LIMITED CIN: U72900DL2021PTC389698 , India, Active	Nov 11, 2021	$617K (As on Mar 31, 2025)	56 (As on Feb 01, 2026)

NAKAD has raised a total funding of $7M over 1 round. Its latest funding round was a Seed round on May 25, 2022 for $*****. 57 investors participated in its latest round. NAKAD has 7 institutional investors and 61 angel investors.

Here is the list of recent funding rounds of NAKAD:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2022	3944923	Seed	9857026	4151820	4986080	8160988

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View details of NAKAD's funding rounds and investors

The founders of NAKAD are Sambhav Jain and Avinash Uttav.

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

Sambhav Jain: Co-Founder & COO of NAKAD and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Avinash Uttav: Co-Founder & CTO of NAKAD. They serve on the board of 1 company.
Contact Info: 1 email address

NAKAD's Board of Directors

NAKAD's board has 2 active members. Sambhav Jain and Avinash Uttav are part of team.

Here is the list of NAKAD's board of directors:

Name	Type	Representing	Status	Duration
Sambhav Jain	Team	-	Current	4y 5m
Avinash Uttav	Team	-	Current	4y 3m
Ujwal Kalra	Team	-	Current	4y 5m

View details of NAKAD's Founder profiles and Board Members

NAKAD's employee count trend

NAKAD has 69 employees as of Aug 25. The total employee count is 7.0% lower than what it was in Aug 24. Here is NAKAD's employee count trend over the years:

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Top competitors of NAKAD include Priority Vendor, Finchain and SimplyFI. Here is the list of Top 10 competitors of NAKAD, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NAKAD 2022, Gurugram (India), Seed	Provider of a reconciliation-as-a-service platform for financial operations and compliance management	$7M	Z47, Mars Shot Ventures & 66 others	49/100
2nd	Priority Vendor 2014, Noida (India), Acqui-Hired	Provider of AI, cloud and blockchain-based dynamic discounting software	$4.07M	Lightspeed Venture Partners, Lightspeed India ... & 8 others	35/100
3rd	Finchain 2018, Bengaluru (India), Funding Raised	Provider of invoice financing based on a proprietary credit score	-	-	31/100
4th	SimplyFI 2016, Bengaluru (India), Funding Raised	Provider of intelligent process automation solutions	-	Startup Reseau, JAIN Launchpad	28/100
5th	Toknar 2022, London (United Kingdom), Unfunded	Provider of SaaS platform for invoice financing and receivables securitization	-	-	25/100
6th	GetUnion 2018, Mumbai (India), Seed	Provider of a blockchain-based bill discounting platform	$2.21M	Creago Advisors & 21 others	25/100
7th	Invox Finance 2017, Sydney (Australia), Unfunded	Invoice lending on the Blockchain	-	-	24/100
8th	Credore 2020, Pune (India), Funding Raised	Provider of blockchain-based financial supply chain management solutions	-	Foundership Accelerator, Ministry of Electronics & Information Technology ... Read more	20/100
9th	Rell 2019, Solothurn (Switzerland), Unfunded	Developer of software facilitating data connectivity and workflow automation processes	-	-	19/100
10th	Proxima+ 2017, Athens (Greece), Deadpooled	Provider of IoT and blockchain-based finance management solutions for supply chain industries	-	-	15/100

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Founders (largest shareholder) own 62.35%, Funds own 27.81%, Angels own 0.85% and ESOP Pool own 9.00%. The net worth of NAKAD's founders is INR 116Cr as of Sep 14, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	62.35%	116Cr	1862962	8552615	4030569	3624310
Sambhav Jain	4085223	5811982	1496766	2331832	1393106	8087842
Avinash Uttav	831	840	257	535	175	518
Fund	27.81%	51.8Cr	1199013	1953359	6753303	4655694
Z47	3283936	7530764	1066574	9102345	3980287	4198739
Accel	2358097	7802303	4687934	6374337	8546060	2876733
Angel	0.85%	1.58Cr	0	0	0	0
ESOP Pool	9.00%	16.8Cr	8733787	4532480	3608513	2598597
Total	100.00%	186Cr	2357167	4661598	4346612	5090328