Niro - About the company
Niro is a deadpooled company based in Bengaluru (India), founded in 2021 by Aditya Kumar and Sankalp Mathur. It operates as a Provider of a platform for lending as a service management. Niro has raised $19.6M in funding from investors like Elevar Equity, GMO Venture Partners and Suneight Investment, with last known valuation of $*****. The company has 270 active competitors, including 39 funded and 9 that have exited. Its top competitors include companies like Finnable, Kissht and axio.
Company Details
Provider of a platform for lending as a service management. It provides users with a platform that offers a solution that enables consumer platforms to provide financial services to the end customers. It also features a point-of-sale financing solution that enables retailers to provide financing options to the end customers. It uses APIs and SDKs for integrations. Its app is available for Android and iOS users.
- Website
- niro.money
- Email ID
- *****@niro.money
- Phone Number
- +91 **********
- Registered Address
- 17/1 BHARAT APARTMENTS, 44/1 FAIR FIELD LAYOUT,RACE COURSE ROAD, Bangalore, Bengaluru, Karnataka, India, 560001
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Deadpooled
Total Funding
$19.6M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 01, 2025
Investors
Ranked
32nd among 270 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
289 as on Aug 31, 2025
Legal entities associated with Niro
Niro is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
QFI TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2021PTC145339 , India, Active | Mar 15, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 80 (As on Apr 01, 2025) |
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Niro's funding and investors
Niro has raised a total funding of $19.6M over 6 rounds. Its first funding round was on Oct 08, 2021. Its latest funding round was a Series A round on Dec 09, 2024 for $*****. 6 investors participated in its latest round. Niro has 18 institutional investors and 19 angel investors.
Here is the list of recent funding rounds of Niro:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2024 | 9909019 | Series A | 7170314 | 9633360 | 5161506 | 9780194 |
Apr 17, 2024 | 7036561 | Series A | 9167896 | 9199426 | 8979686 | |
Apr 26, 2023 | 4960741 | Venture Debt | 6528788 | 8470160 | 1645832 |
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Niro's founders and board of directors
Founder? Claim ProfileHere are the details of Niro's key team members:
- Aditya Kumar: Co-Founder & CEO of Niro and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
- Sankalp Mathur: Co-Founder & CRO of Niro. They serve on the board of 1 company.Contact Info: 1 email address
Niro's Board of Directors
Niro's board has 3 active members. Aditya Kumar and Sankalp Mathur are part of team and Mahesh Shivlingappa Payannavar is independent board member.Here is the list of Niro's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 7m | |
Team | - | Current | 5y 3m | |
Independent board member | - | Current | 2y 8m | |
xsksmgy | Independent board member | - | Past | 1y 6m |
View details of Niro's Founder profiles and Board Members
Niro's employee count trend
Niro has 289 employees as of Aug 25. The total employee count is 7.0% lower than what it was in Aug 24. Here is Niro's employee count trend over the years:
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Niro's Competitors and alternates
Top competitors of Niro include Finnable, Kissht and axio. Here is the list of Top 10 competitors of Niro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
2nd | Provider of personal loans, business loans, and loans against property | $133M | 77/100 | ||
3rd | Provider of an online lending platform offering point of sale financing | $206M | 74/100 | ||
4th | A personal loan and financial solutions provider | $49.5M | 73/100 | ||
5th | Provider of financial products including UPI, loans, insurance, and mutual funds | $150M | 73/100 | ||
6th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 71/100 | ||
7th | Digital financial platform offering instant credit, investments, bill payments, and credit-building tools online | $115M | 71/100 | ||
8th |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 69/100 | |
9th |  LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $12.4M | 65/100 | |
10th | Provider of personal loans with an application and digital loan process | $5.5M | 64/100 | ||
32nd | Provider of a platform for lending as a service management | $19.6M | 47/100 |
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Niro's Investments and acquisitions
Niro has made no investments or acquisitions yet.
Reports related to Niro
Here is the latest report on Niro's sector:
News related to Niro
Filter this list•
Lending startup Niro shuts down operations after four and a half years of operationEntrackr•Oct 07, 2025•Niro
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Japan’s Marui Group Joins Niro’s Cap Table By Investing In Pre-Series B Funding RoundInc42•May 10, 2024•Elevar Equity, Niro, Marui Group, GMO Venture Partners and 4 others
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Fintech Niro in talks for pre-Series B funding, eyes valuation bumpVCCircle•Feb 27, 2024•Niro, Elevar Equity, GMO Venture Partners
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Niro disbursed loan worth Rs 500 Cr in 20 months of operationsEntrackr•Aug 28, 2023•Niro, Elevar Equity, GMO Venture Partners, Rebright Partners and 1 other
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Embedded consumer lending platform Niro raises ₹90 crore in Series A funding roundBusiness Insider•Apr 26, 2023•Niro, Elevar Equity, GMO Venture Partners, Rebright Partners and 3 others
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Niro in partnership with Quickr crosses $1 million loans disbursedBusiness Today•Sep 08, 2022•Quikr, Niro
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Anca Simionescu named Basic Supervisor at Niro Funding Group in Bucharesthttp://investidollar.com•Jul 20, 2022•Niro
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