When was Yenmo founded?

Yenmo was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Yenmo located?

Yenmo is headquartered in Bengaluru, India. It is registered at Site No. 241, 17th Cross, 9th Main Road, Opposite Vasan Eye Care, 6th Sector, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Who is the current CEO of Yenmo?

Ashutosh Purohit of Yenmo. They have also founded 1 company.

Which legal entities is Yenmo associated with?

Yenmo is associated with YENMO TECHNOLOGIES PRIVATE LIMITED.

How many employees does Yenmo have?

As of Apr 30, 2025, the latest employee count at Yenmo is 2501.

Is Yenmo a funded company?

Yenmo is a funded company, having raised a total of $1.56M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 22, 2024.

How much is Yenmo worth?

The latest valuation of Yenmo is $***** as of Jun 27, 2024.

When was the latest funding round of Yenmo?

Yenmo's latest funding was a ₹***** Seed round on Mar 07, 2025, with participation from 3 investors.

What is the annual revenue of Yenmo?

Annual revenue of Yenmo is less than ₹10 Cr as on Mar 31, 2025

Where does Yenmo rank among its competitors?

Yenmo ranks 11th amongst 15 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was smallcase, which secured $29M in Mar, 2025.

Who are the top competitors of Yenmo?

Yenmo's top competitors include smallcase, Zerodha Capital and Volt. Among them, smallcase secured the most recent funding round in March, 2025.

Yenmo - 2026 Company Profile, Team, Funding, Competitors & Financials

Yenmo is a seed company based in Bengaluru (India), founded in 2022 by Aryan Agarwal and Ashutosh Purohit. It operates as a Provider of loans against mutual funds for financial applications. Yenmo has raised $1.56M in funding from Y Combinator, with a current valuation of $*****. The company has 15 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like smallcase, Zerodha Capital and Volt.

Company Details

Provider of loans against mutual funds for financial applications. It provides users with a fintech platform that allows investors to get loans by using their mutual funds and stocks as collateral. This service provides a way to access cash without needing to sell investments. The platform offers an overdraft facility, and users pay interest only on the amount they withdraw.

Website: yenmo.in
Social
Email ID: *****@yenmo.in
Phone Number: +91 **********
Registered Address: Site No. 241, 17th Cross, 9th Main Road, Opposite Vasan Eye Care, 6th Sector, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2022

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.56M in 2 rounds

Latest Funding Round

Seed, Mar 07, 2025, ₹*****

Post Money Valuation

$***** as on Jun 27, 2024

Investors

Y Combinator & 3 more

Ranked

11^th among 15 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

2,501 as on Apr 30, 2025

Similar Companies

smallcase & 30 more

View Yenmo's full profile

Yenmo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
YENMO TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2022PTC169406 , India, Active	Dec 24, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	2501 (As on Apr 30, 2025)

Yenmo has raised a total funding of $1.56M over 2 rounds. Its first funding round was on Mar 22, 2024. Its latest funding round was a Seed round on Mar 07, 2025 for ₹*****. 3 investors participated in its latest round. Yenmo has 4 institutional investors.

Here is the list of recent funding rounds of Yenmo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 07, 2025	8601921	Seed	5808526	5144599	3969323	2045695
Mar 22, 2024	8478734	Seed	9860392	5942541	Y Combinator	8310985

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View details of Yenmo's funding rounds and investors

The founders of Yenmo are Aryan Agarwal and Ashutosh Purohit. Ashutosh Purohit is the CEO of Yenmo.

Here are the details of Yenmo's key team members:

Aryan Agarwal: Co-Founder of Yenmo. They serve on the board of 1 company.
Contact Info: 1 phone number
Ashutosh Purohit: CEO, Cofounder of Yenmo. They serve on the board of 1 company.
Contact Info: 2 phone numbers

Yenmo's Board of Directors

Yenmo's board has 2 active members. Aryan Agarwal and Ashutosh Purohit are part of team.

Here is the list of Yenmo's board of directors:

Name	Type	Representing	Status	Duration
Aryan Agarwal	Team	-	Current	3y 7m
Ashutosh Purohit	Team	-	Current	3y 7m

View details of Yenmo's Founder profiles and Board Members

Yenmo's employee count trend

Yenmo has 2,501 employees as of Apr 25. The total employee count is 1.0% lower than what it was in Apr 24. Here is Yenmo's employee count trend over the years:

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Top competitors of Yenmo include smallcase, Zerodha Capital and Volt. Here is the list of Top 10 competitors of Yenmo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	smallcase 2015, Bengaluru (India), Series D	Provider of a digital wealth management platform	$100M	Peak XV Partners, DSP Mutual Fund & 58 others	80/100
2nd	Zerodha Capital 2021, Bengaluru (India), Unfunded	Platform offering asset-backed loans	-	-	56/100
3rd	Volt 2022, Bengaluru (India), Acquired	Provider of credit lines using mutual funds and stocks as collateral	$2.96M	All In Capital, Titan Capital & 34 others	55/100
4th	Abhiloans 2015, Bengaluru (India), Unfunded	Online platform offering investment securities based loans	-	-	48/100
5th	Quicklend 2023, Bengaluru (India), Seed	Lending Service Provider (LSP) of secured loans against mutual funds and shares	$773K	Eximius Ventures, GrowX Ventures & 2 others	41/100
6th	PlusCash 2022, Mumbai (India), Unfunded	It offers investment, borrowing, and wealth management solutions	-	-	37/100
7th	Bulk Udhaar 2015, Mumbai (India), Deadpooled	B2B invoicing platform	-	-	35/100
8th	Geojit 2005, Kochi (India), Deadpooled	Online platform offering loans to consumers against investment securities	-	-	34/100
9th	DhanLAP 2020, Chennai (India), Seed	Provider of digital loans secured by mutual funds and stocks	$1.15M	Quantum Advisors & 2 others	33/100
10th	BlinkMoney 2024, Mumbai (India), Funding Raised	Provider of a digital lending platform offering instant loans against mutual fund investments	-	Antler	31/100
11th	Yenmo 2022, Bengaluru (India), Seed	Provider of loans against mutual funds for financial applications	$1.56M	Team Ignite Ventures, Pioneer Fund & 2 others	31/100