NAKAD - About the company
NAKAD is a seed company based in Gurugram (India), founded in 2022. 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 9 active competitors, including 3 that are funded. Its top competitors include companies like Finchain, Priority Vendor and Credore.
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
Post Money Valuation
$***** as on Sep 14, 2022
Ranked
1st among 9 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
69 as on Aug 31, 2025
Legal entities associated with NAKAD
NAKAD is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ALPHASTAR TECHNOLOGIES PRIVATE LIMITED CIN: U72900DL2021PTC389698 , India, Active | Nov 11, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | 56 (As on Feb 01, 2026) |
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NAKAD's funding and investors
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 | 8526376 | Seed | 7425587 | 3964472 | 8030323 | 1092242 |
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NAKAD's founders and board of directors
Founder? Claim ProfileNAKAD's Board of Directors
NAKAD's board has 3 active members. Sambhav Jain, Ujwal Kalra and Avinash Uttav are part of team.Here is the list of NAKAD's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 9m |
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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NAKAD's Competitors and alternates
Top competitors of NAKAD include Finchain, Priority Vendor and Credore. Here is the list of Top 10 competitors of NAKAD, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a reconciliation-as-a-service platform for financial operations and compliance management | $7M | 43/100 | ||
2nd | Provider of invoice financing based on a proprietary credit score | - | - | 35/100 | |
3rd | Priority Vendor 2014, Noida (India), Acqui-Hired | Provider of AI, cloud and blockchain-based dynamic discounting software | $4.07M | 34/100 | |
4th | Provider of blockchain-based financial supply chain management solutions | $104K | 26/100 | ||
5th | Provider of a blockchain-based bill discounting platform | $2.21M | 25/100 | ||
6th |  Toknar 2022, London (United Kingdom), Unfunded | Provider of SaaS platform for invoice financing and receivables securitization | - | - | 25/100 |
7th | Rell 2019, Solothurn (Switzerland), Unfunded | Developer of software facilitating data connectivity and workflow automation processes | - | - | 19/100 |
8th |  Credle 2025, Unfunded | Provider of a decentralized platform facilitating private credit market transactions | - | - | 16/100 |
9th |  Aequitex 2023, Switzerland, Unfunded | Provider of digital invoice factoring services for business liquidity access | - | - | 16/100 |
10th | NEXADE Unfunded | Provider of decentralized finance services for trade finance receivable assets | - | - | 16/100 |
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NAKAD's Investments and acquisitions
NAKAD has made no investments or acquisitions yet.
Reports related to NAKAD
Here is the latest report on NAKAD's sector:
News related to NAKAD
•
Supply-chain Financing Provider NAKAD Raises $7 Million In Seed FundingThe Startup Lab•May 25, 2022•NAKAD, Accel, Z47, Matrix Partners India and 4 others
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