Pocketly - About the company
Pocketly is a seed company based in Bengaluru (India), founded in 2019 by Navdeesh Ahuja, Aarav Singh Harjeet Singh Bhatia and Kevin Smithson. 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 272 active competitors, including 39 funded and 10 that have exited. Its top competitors include companies like Finnable, Kissht 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
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.83M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 05, 2022
Ranked
22nd among 272 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
395 as on Aug 31, 2025
Legal entities associated with Pocketly
Pocketly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
POCKETLY INFOTECH PRIVATE LIMITED CIN: U72900MH2019PTC333380 , India, Active | Nov 21, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 399 (As on Sep 01, 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 | 4871076 | Seed | 2503360 | 1689273 | 4336781 | 1955628 |
Mar 02, 2022 | 3559674 | Conventional Debt | 8420290 | 1439197 | 6640576 | |
Mar 02, 2022 | 1163658 | Seed | 6288393 | 2659153 |
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Pocketly's founders and board of directors
Founder? Claim ProfileHere 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 Singh Harjeet Singh Bhatia: Co-Founder & Director of Pocketly. They serve on the board of 1 company.Contact Info: 1 phone number
- Kevin Smithson: CEO, Co-Founder of Pocketly and founder of 1 other company.
Pocketly's Board of Directors
Pocketly's board has 2 active members. Navdeesh Ahuja and Aarav Singh Harjeet Singh Bhatia are part of team.Here is the list of Pocketly's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 11m | |
Team | - | Current | 6y 11m |
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 Finnable, Kissht 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 | 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 | $11.9M | 65/100 | |
10th | Provider of personal loans with an application and digital loan process | $5.5M | 64/100 | ||
22nd | Provider of short-term personal loans to young professionals | $2.83M | 56/100 |
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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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