Phocket - About the company
Phocket is a series A company based in Delhi (India), founded in 2018 by Sumit Jain, Mohit Bansal and Piyush Jain. It operates as a Provider of an online platform for consumer loans. Phocket has raised $736K in funding from Eze Intelligence, with a current valuation of $*****. The company has 228 active competitors, including 33 funded and 5 that have exited. Its top competitors include companies like Finnable, Stashfin and Olyv.
Company Details
Provider of an online platform for consumer loans. It is a direct lender offering multiple consumer loan products including personal loans, payday loans, healthcare loans, education loans, and more. Users must add the required personal information along with the required documents. Once approved, the funds are transferred to the registered bank account. The application is available on Android and iOS platforms.
- Website
- phocket.in
- Social
- Email ID
- *****@phocket.in
- Phone Number
- +91 **********
- Registered Address
- FF,A-23, JDKD CORP. PARK, MOHAN CO-OP INDUSTRIAL EST. MATHURA RD, Badarpur (South Delhi), South Delhi, New Delhi, Delhi, India, 110044
Legal entities associated with Phocket
Phocket is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PHOCKET INFOTECH PRIVATE LIMITED CIN: U74999DL2018PTC335760 , India, Active | Jun 26, 2018 | $368K (As on Mar 31, 2025) | 12 (As on Dec 31, 2024) | |
Phocket Finance Private Limited CIN: U70200DL2020PTC374720 , India, Active | Dec 18, 2020 | $60 (As on Mar 31, 2025) | - |
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Phocket's funding and investors
Phocket has raised a total funding of $736K over 3 rounds. Its first funding round was on Oct 20, 2018. Its latest funding round was a Series A round on Nov 20, 2020 for $*****. 4 investors participated in its latest round. Phocket has 2 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Phocket:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2020 | 9154230 | Series A | 5479988 | 7080168 | 9412235 | 7673201 |
Dec 27, 2019 | 3544193 | Seed | 6153141 | 3609300 | 3948605 | |
Oct 20, 2018 | 1879593 | Seed | 9352546 | 3598049 |
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Phocket's founders and board of directors
Founder? Claim ProfileHere are the details of Phocket's key team members:
- Sumit Jain: Former Co-Founder of Phocket.
- Mohit Bansal: Co-Founder & CTO of Phocket. Contact Info: 1 email address
- Piyush Jain: Co-Founder & COO of Phocket. Contact Info: 1 email address and 1 phone number
View details of Phocket's Founder profiles and Board Members
Phocket's employee count trend
Phocket has 37 employees as of Mar 26. Here is Phocket's employee count trend over the years:
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Phocket's Competitors and alternates
Top competitors of Phocket include Finnable, Stashfin and Olyv. Here is the list of Top 10 competitors of Phocket, 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 digital lending and instant credit line solutions for individuals | $115M | 75/100 | ||
3rd | A personal loan and financial solutions provider | $49.5M | 72/100 | ||
4th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 72/100 | ||
5th | RupeeRedee 2018, Gurugram (India), Series B | Provider of online platform for short-term, unsecured personal loans | $5.7M | 70/100 | |
6th |  True Balance 2014, Gurugram (India), Series D | Provider of personal loans and prepaid payment instruments via mobile wallet | $90M | 68/100 | |
7th | Provider of digital financial services including loans, transfers, payments, and investments | $106M | 68/100 | ||
8th |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 67/100 | |
9th | Provider of personal loans, business loans, and loans against property | $133M | 67/100 | ||
10th | Provider of financial products including UPI, loans, insurance, and mutual funds | $445M | 66/100 | ||
70th | Provider of an online platform for consumer loans | $736K | 37/100 |
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Phocket's Latest cap tables and shareholding
Founders own 34.39%, Enterprises (largest shareholder) own 63.00% and Angels own 2.60%. The net worth of Phocket's founders is INR 2.64Cr as of Nov 20, 2020.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 34.39% | 2.64Cr | 3906049 | 5733443 | 3085911 | 4878697 |
Enterprise | 63.00% | 4.83Cr | 3952169 | 5503623 | 2507368 | 2881909 |
Angel | 2.60% | 20L | 50 | 81 | 74 | 35 |
4 | 2 | 8 | 6 | 8 | 2 | |
Total | 99.99% | 7.67Cr | 7264950 | 3261778 | 2030960 | 9502620 |
To unlock detailed Cap Table of Phocket Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Phocket's Shareholding
Phocket's Investments and acquisitions
Phocket has made no investments or acquisitions yet.
Reports related to Phocket
Here is the latest report on Phocket's sector:
News related to Phocket
•
Need cash quick? This Delhi-based startups provides instant, short-term loansYourStory•Jan 07, 2019•Phocket
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