Pocketly - About the company
Pocketly is a seed company based in Bengaluru (India), founded in 2019 by Navdeesh Ahuja and Aarav Bhatia. It operates as a Provider of short-term personal loans to young professionals. Pocketly has raised $2.83M in funding from investors like Wellfound, CYBRI and 100X.VC, with a current valuation of ₹*****. The company has 268 active competitors, including 46 funded and 7 that have exited. Its top competitors include companies like Tala, Finnable and axio.
Company Details
Provider of short-term personal loans to young professionals. It offers a fully digital application process with minimal Know Your Customer (KYC) requirements. Loans are designed to be affordable and flexible, with various repayment options available. The company emphasizes a simple and user-friendly application process, aiming to provide quick access to credit for immediate financial needs. It also features a referral program and provides 24/7 online support. The platform allows users to manage their loans and track repayments through a mobile application.
- Website
- pocketly.in
- Email ID
- *****@pocketly.in, *****@help.pocketly.in
- Phone Number
- +91 **********
- Registered Address
- 125 FF, Zal Complex Residency Road, Sadar, Nagpur, NAGPUR, Maharashtra, India, 440001
Legal entities associated with Pocketly
Pocketly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
POCKETLY INFOTECH PRIVATE LIMITED CIN: U72900MH2019PTC333380 , India, Active | Nov 21, 2019 | $4.37M (As on Mar 31, 2025) | 395 (As on Aug 31, 2025) |
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Pocketly's funding and investors
Pocketly has raised a total funding of $2.83M over 8 rounds. Its first funding round was on Dec 05, 2019. Its latest funding round was a Seed round on Aug 01, 2024 for $*****. 1 investor participated in its latest round. Pocketly has 11 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of Pocketly:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2024 | 2812115 | Seed | 3512983 | 2859973 | 8530654 | 2931160 |
Mar 02, 2022 | 1483760 | Conventional Debt | 2636394 | 3576257 | 9203430 | |
Mar 02, 2022 | 4742166 | Seed | 2567729 | 3518679 |
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Pocketly's founders and board of directors
Founder? Claim ProfileThe founders of Pocketly are Navdeesh Ahuja and Aarav Bhatia.
Here are the details of Pocketly's key team members:
- Navdeesh Ahuja: Co-Founder & Director of Pocketly. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Aarav Bhatia: Co-Founder & Director of Pocketly. They serve on the board of 1 company.
Pocketly's Board of Directors
Pocketly's board has 2 active members. Navdeesh Ahuja and Aarav Bhatia are part of team.Here is the list of Pocketly's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Team | - | Current | 6y 2m |
View details of Pocketly's Founder profiles and Board Members
Pocketly's employee count trend
Pocketly has 395 employees as of Aug 25. The total employee count is 165.0% more than what it was in Aug 24. Here is Pocketly's employee count trend over the years:
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Pocketly's Competitors and alternates
Top competitors of Pocketly include Tala, Finnable and axio. Here is the list of Top 10 competitors of Pocketly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of a platform offering credit and digital financial services | $346M | 79/100 | |
2nd | Platform offering online personal loans with minimal documentation | $67M | 79/100 | ||
3rd | Provider of an online lending platform offering point of sale financing | $206M | 77/100 | ||
4th | Provider of digital lending and instant credit line solutions for individuals | $115M | 74/100 | ||
5th | LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $11.9M | 72/100 | |
6th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 72/100 | ||
7th |  InPrime Finserv 2021, Bengaluru (India), Series A | Provider of financial services focused on priority sector lending in India | $10.6M | 70/100 | |
8th | RupeeRedee 2018, Gurugram (India), Series B | Provider of online platform for short-term, unsecured personal loans | $5.7M | 70/100 | |
9th | Provider of digital financial services including loans, transfers, payments, and investments | $106M | 67/100 | ||
10th | A personal loan and financial solutions provider | $69.5M | 67/100 | ||
26th | Provider of short-term personal loans to young professionals | $2.83M | 56/100 |
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Pocketly's Latest cap tables and shareholding
Founders (largest shareholder) own 59.14%, Funds own 16.41%, Enterprises own 20.92% and Angels own 3.44%. The net worth of Pocketly's founders is INR 33.1Cr as of Aug 01, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 59.14% | 33.1Cr | 8254567 | 7245408 | 8995263 | 3922563 |
8650084 | 3793379 | 7310136 | 5223157 | 1616446 | 1418022 | |
Fund | 16.41% | 9.18Cr | 2439983 | 6860071 | 1799221 | 6635671 |
19918 | 16606 | 15202 | 69957 | 58636 | 37347 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 20.92% | 11.7Cr | 9328120 | 2122192 | 9470900 | 9623987 |
Angel | 3.44% | 1.92Cr | 638 | 203 | 274 | 733 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other Investors | 0.11% | 5.98L | 0 | 0 | 0 | 0 |
Total | 100.00% | 56Cr | 3852414 | 4124713 | 8617148 | 3030889 |
To unlock detailed Cap Table of Pocketly 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 Pocketly's Shareholding
Pocketly's Investments and acquisitions
Pocketly has made no investments or acquisitions yet.
Reports related to Pocketly
Here is the latest report on Pocketly's sector:
News related to Pocketly
•
B2B fintech Enkash raises $20 million funding led by Ascent Capital.Indiatimes•Apr 04, 2022•EnKash, Baring Private Equity Partners, Ascent Capital, White Ventures and 9 others
•
Fintech lending platform Pocketly raises $3mnIndiatimes•Mar 05, 2022•Pocketly, 100X.VC, Dholakia Ventures
•
Microlending Platform Pocketly Raises Undisclosed FundingThe Startup Lab•Jul 06, 2021•Pocketly, Prophetic Ventures, Dholakia Ventures, Riidl and 2 others
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