When was Newtap Finance founded?

Newtap Finance was founded in 1995 and raised its 1st funding round 17 years after it was founded.

Where is Newtap Finance located?

Newtap Finance is headquartered in Mumbai, India. It is registered at Office 03A 102-B, WeWork (Enam Sambhav), C-20, G Block Rd, G Block BKC, Bandra Kurla Complex, Bandra East, Bandra(East), Mumbai, Mumbai, Maharashtra, India, 400051.

Which legal entities is Newtap Finance associated with?

Newtap Finance is associated with NEWTAP FINANCE PRIVATE LIMITED and 1 other.

How many employees does Newtap Finance have?

As of Sep 30, 2024, the latest employee count at Newtap Finance is 25.

Is Newtap Finance a funded company?

Newtap Finance is a funded company, having raised a total of $102K across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 26, 2012.

How much is Newtap Finance worth?

The latest valuation of Newtap Finance is ₹***** as of Mar 30, 2013. This marks a decline of 88% from its peak valuation of ₹29.8Cr in Mar, 2012. This marks a decline of 88% from its peak valuation of ₹29.8Cr in Mar, 2012.

When was the latest funding round of Newtap Finance?

Newtap Finance's latest funding was a $***** Unattributed round on Mar 30, 2013, with participation from 1 investor. Its primary sector is Consumer and SME Loans. In India, the Consumer and SME Loans sector has seen $2.43B in funding in 2026 to date.

What is the annual revenue of Newtap Finance?

Annual revenue of Newtap Finance is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Newtap Finance rank among its competitors?

Newtap Finance ranks 86th amongst 1000 active competitors, of which 74 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Shriram Finance, which secured $4.42B in Dec, 2025.

Who are the top competitors of Newtap Finance?

Newtap Finance's top competitors include Northern Arc Capital, Aditya Birla Capital and Hinduja Leyland Finance. Among them, Shriram Finance secured the most recent funding round in December, 2025.

Newtap Finance - 2026 Company Profile, Team, Funding, Competitors & Financials

Newtap Finance is an early stage company based in Mumbai (India), founded in 1995 by Kunal Naresh Shah. It operates as an Online platform offering personal loans. Newtap Finance has raised $102K in funding from Scan Organic, with a current valuation of ₹*****. The company has 1000 active competitors, including 74 funded and 182 that have exited. Its top competitors include companies like Northern Arc Capital, Aditya Birla Capital and Hinduja Leyland Finance.

Company Details

Website: newtap.in
Email ID: *****@newtap.in
Phone Number: +91 **********
Registered Address: Office 03A 102-B, WeWork (Enam Sambhav), C-20, G Block Rd, G Block BKC, Bandra Kurla Complex, Bandra East, Bandra(East), Mumbai, Mumbai, Maharashtra, India, 400051

Key Metrics

Founded Year

1995

Location

Mumbai, India

Stage

Early Stage

Total Funding

$102K in 2 rounds

Latest Funding Round

Unattributed, Mar 30, 2013, $*****

Post Money Valuation

₹***** as on Mar 30, 2013

Investors

Scan Organic & 2 more

Ranked

86^th among 1000 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

25 as on Sep 30, 2024

Similar Companies

Northern Arc Capital & 3884 more

View Newtap Finance's full profile

Newtap Finance is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWTAP TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2021PTC149982 , India, Active	Jul 27, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
NEWTAP FINANCE PRIVATE LIMITED CIN: U67120MH1995PTC085764 , India, Active	Feb 21, 1995	₹100 - ₹500 Cr (As on Mar 31, 2025)	33 (As on Feb 28, 2025)

Newtap Finance has raised a total funding of $102K over 2 rounds. Its first funding round was on Mar 26, 2012. Its latest funding round was a Unattributed round on Mar 30, 2013 for $*****. 1 investor participated in its latest round. Newtap Finance has 3 institutional investors.

Here is the list of recent funding rounds of Newtap Finance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2013	9638322	Unattributed	4487306	5955492	9458711	8382893
Mar 26, 2012	4933852	Unattributed	2607059	5910053	Scan Organic	3566785

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View details of Newtap Finance's funding rounds and investors

The founders of Newtap Finance is Kunal Naresh Shah.

Here are the details of Newtap Finance's key team members:

Kunal Naresh Shah: Founder of Newtap Finance and founder of 4 other companies, including Qed Innovation, Newtap Technologies and FreeCharge. They are also an angel investor in 308 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Newtap Finance's Board of Directors

Newtap Finance's board has 3 active members. Kunal Naresh Shah is part of team and Rohan Shah Naresh and Anand Raj Jain are independent board members.

Here is the list of Newtap Finance's board of directors:

Name	Type	Representing	Status	Duration
Kunal Naresh Shah	Team	-	Current	4y 7m
Rohan Shah Naresh	Independent board member	-	Current	4y 7m
gpaufol	Independent board member	-	Current	3y 9m

View details of Newtap Finance's Founder profiles and Board Members

Newtap Finance's employee count trend

Newtap Finance has 25 employees as of Sep 24. Here is Newtap Finance's employee count trend over the years:

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Top competitors of Newtap Finance include Northern Arc Capital, Aditya Birla Capital and Hinduja Leyland Finance. Here is the list of Top 10 competitors of Newtap Finance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Northern Arc Capital 2008, Chennai (India), Public	Provider of household and business loans	$283M	Standard Chartered, Eight Roads Ventures ... & 43 others	74/100
2nd	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	74/100
3rd	Hinduja Leyland Finance 2008, Chennai (India), Series C	Provider of commercial vehicle, construction equipment, and personal vehicle financing solutions	$276M	Everstone Capital, IndusInd International Holdings ... & 25 others	74/100
4th	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	Nepean Capital, WestBridge Capital & 4 others	74/100
5th	AYEFin 2014, Gurugram (India), Public	Organization empowering economic transformation of micro enterprises	$164M	CapitalG, Elevation Capital & 47 others	74/100
6th	Tata Capital 2007, Mumbai (India), Public	Diversified non-banking financial company	-	Ekamya Capital	74/100
7th	Shriram Finance 1979, Mumbai (India), Public	Provider of consumer and SME loans	-	ChrysCapital, Apax & 5 others	71/100
8th	Manappuram Finance 1949, Valapad (India), Public	Provider of consumer and SME loans	$40M	Nepean Capital, WestBridge Capital & 9 others	71/100
9th	Mahindra Finance 1991, Mumbai (India), Public	Provider of consumer & SME loans	$84.6M	Affirma Capital, ChrysCapital & 2 others	70/100
10th	Indostar Capital Finance 2009, Mumbai (India), Public	Real estate and infrastructure financing firm	-	Beacon India, Brookfield Asset Management ... & 5 others	70/100
86th	Newtap Finance 1995, Mumbai (India), Early Stage	Online platform offering personal loans	$102K	Business India, Scan Organic & 1 others	53/100

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Enterprises own 2.30%, Other People own 7.50% and Other Investors (largest shareholder) own 90.20%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Enterprise	2.30%	8.28L	85	95	78	51
Other People	7.50%	27L	9851517	5741665	4023989	9660182
Other Investors	90.20%	3.25Cr	8980738	9222623	1262439	2582363
Total	100.00%	3.6Cr	9830294	2811194	4607322	2888076