LaunchPRISM
Axis Trustee Services
Axis Trustee Services Limited, a wholly owned subsidiary of Axis Bank, has launched PRISM, a digital-first platform aimed at strengthening its transition into a FinTech‑led trustee…
Trustee services platform
The Delhi edition · 2026
Delhi · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)Service providers to bankscompanies in Delhi
Loans & credit brokers, banking correspondents, debt recovery & NPA, outsourcing & consulting, listed and more: the companies building service providers to banks in Delhi, Delhi, with their founders, funding, team size and business models.
43 company profiles26 with reported revenue3 with recorded fundingOctober 2026 edition
Recent service providers to banks business events in India
Funding, M&A, contract wins and launches involving 632 service providers to banks companies in India, last 24 months: 23 M&A deals · 15 Contracts · 10 launches · 10 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.
ContractGovernment
National asset reconstruction · client: Mcleod Russel India
The Khaitan family, promoters of McLeod Russel India Ltd, have secured a reprieve through a debt restructuring deal with the National Asset Reconstruction Company Ltd.
FundingRight issue
5paisa capital
Digital Investment Platform 5Paisa Capital has successfully completed its right issue of Rs 468.8 crore. The company’s right issue got a total of 1.24 times subscription. According to…
Fintech
LaunchSecured Redeemable Non-Convertible Debentures (NCDs)
Icl fincorp
ICL Fincorp is proud to announce the launch of its latest public issue of Secured Redeemable Non-Convertible Debentures (NCDs), opening on 10th April 2026.
M&AAcquisition
Cms info systems acquires Financial Software and Systems
CMS Info Systems acquired the managed ATM services business of Financial Software and Systems for $12 million
Funding
Metafin
"Metafin raised $10 million in debt,"
Investors Na
Lending
M&AAcquisition · Announced
Cms info systems acquires Financial Software and Systems (FSS)
CMS Info Systems on Sunday announced the acquisition of Financial Software and Systems (FSS) managed services business for Rs 115 crore to strengthen its position in the end-to-end ATM…
Financial Software / Managed Services
M&AMerger · Announced
National asset reconstruction acquires India Debt Resolution Co (IDRCL)
plans underway to merge the National Asset Reconstruction Co (NARCL) and India Debt Resolution Co (IDRCL), people familiar with the matter told ET.
Financial Services
M&AAcquisition · Completed
Na acquires Infina finance
Kotak Mahindra Bank has announced the completion of the sale of its stake in Infina Finance Private Limited.
M&AAcquisition · Announced
KF Trust acquires Infina finance
Kotak Mahindra Bank, through its wholly-owned subsidiary Kotak Mahindra Capital Company Limited (KMCC), has announced the sale of a significant portion of its stake in Infina Finance…
Financial Services
M&AAcquisition · Announced
Estate of Shri Rakesh Jhunjhunwala through its Trusts acquires Infina finance
Kotak Mahindra Bank, through its wholly-owned subsidiary Kotak Mahindra Capital Company Limited (KMCC), has announced the sale of a significant portion of its stake in Infina Finance…
M&AAcquisition · Announced
Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited acquires Infina finance
Kotak Mahindra Bank, through its wholly-owned subsidiary Kotak Mahindra Capital Company Limited (KMCC), has announced the sale of a significant portion of its stake in Infina Finance…
M&AAcquisition · Completed
DC&T Global Private Limited acquires Metafin
DC&T Global Private Limited, a wholly owned subsidiary of Belding India Limited, has successfully acquired 55% shareholding in Metafin Technology Private Limited on March 5, 2026.
Engineering, Industrial Equipment & Automation
M&AAcquisition · Completed
Ppfas mutual fund acquires Cms info systems
The mutual fund acquired 17,64,757 shares of CMS Info Systems through open market purchases on February 26, 2026. This acquisition represents 1.07% of the company's total share capital…
IT Services
FundingSeries C
Olyv
Bengaluru-based Olyv, a consumer lending platform, has raised INR 207 crore (about USD 23 million) in a Series C funding round from Nandan Nilekani’s The Fundamentum Partnership and…
Investors Nandan Nilekani’s The Fundamentum Partnership, Japan’s SMBC Asia Rising Fund
Consumer lending
Funding
Care.Fi
Care.fi landed $8 million to help hospitals in India run better and faster…
Health
LaunchSecured Redeemable NonConvertible Debentures (NCDs)
Icl fincorp
ICL Fincorp has announced the launch of its latest public issue of Secured Redeemable NonConvertible Debentures (NCDs), opening on 5th February 2026.
M&AAcquisition · Completed
Mahi Madhusudan Kela acquires Emkay Global Financial Services
Indian investor Mahi Madhusudan Kela acquired a 1.12% stake in Emkay Global Financial Services during the quarter ended December 31, 2025.
Investment banking, wealth management and portfolio management services
M&AAcquisition · Announced
Care.Fi acquires Aldun
Care.fi, a healthcare-focussed fintech founded by Vikrant Agrawal and Sidak Singh, announced its acquisition of Aldun, a discharge-automation platform known for enabling near-instant,…
Healthcare Software
ContractSupply
KMI Business Technologies · client: Print City Digital Press
New Delhi-based Print City Digital Press has opted for Konica Minolta Bizhub Press C8000 to increase its production capacity from the current 2,000 to 5,000 A3 sheets per day. The…
Digital printing
M&AAcquisition · Completed
Omkara Asset Reconstruction Company (Omkara ARC) acquires National asset reconstruction
Omkara Asset Reconstruction Company (Omkara ARC) has successfully acquired ₹3,763 crore debt of Wind World India Limited (WWIL) from the National Asset Reconstruction Company Limited…
Asset Reconstruction
FundingMaiden external equity fundraise
Hiranandani financial services
Hiranandani Financial Services (HFS), a Non‑Banking Financial Company (NBFC) focused on empowering micro and small‑business entrepreneurs, today announced its maiden external equity…
Investors Vitruvian partners
Financial Services
FundingEquity investment
Emkay Global Financial Services
Shares of Emkay Global Financial Services have rallied 44% in the last two sessions on the back of Rs 227.5 crore fund infusion.
Financial services
M&AAcquisition · Announced
Crisil acquires Mckinsey
Crisil, an S&P Global Company, today said it has acquired McKinsey PriceMetrix Co (“PriceMetrix”), a provider of performance benchmarking and data-driven insights for the wealth…
Wealth Management Benchmarking & Data Analytics
M&AAcquisition · Announced
Crisil acquires PriceMetrix
Crisil, an S&P Global Company, announced the acquisition of McKinsey PriceMetrix Co. ("PriceMetrix"), a leading provider of performance benchmarking and data-driven insights for the…
Performance Benchmarking
M&AAcquisition · Announced
Antique Securities acquires Emkay Global Financial Services
Kirti Doshi is founder of Antique Securities, acquired over 21% stake in Emkay Global Financial Services through a Rs. 227.5 crore investment
M&AAcquisition · Announced
Kirti Doshi acquires Emkay Global Financial Services
Emkay Global Financial Services on Monday announced that industry veteran Kirti Doshi has acquired a 21% stake in the company.
Financial Services
M&AAcquisition · Completed
Icici prudential mutual fund acquires Cms info systems
ICICI Prudential Mutual Fund has increased its stake in CMS Info Systems Ltd by 0.30%, acquiring 4,95,633 equity shares on September 03, 2025.
LaunchAVA (Axis Trustee Virtual Assistant)
Axis Trustee Services
Axis Trustee Services Limited (ATSL), a wholly-owned subsidiary of Axis Bank and a leading name in corporate and fiduciary services in India, has announced the launch of AVA (Axis…
AI-powered chatbot
ContractService
Adlift · client: Olyv
AdLift, a global digital marketing agency (now acquired by Liqvd Asia), has been awarded the SEO and content marketing mandate for Olyv
Digital Marketing
Service providers to banks companies in Delhi, by revenue
Browse service providers to banks companies in Delhi by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 service providers to banks companies in Delhi, Delhi that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.
Provider of MSME business loan against property to rural and semi rural communities
Microfinance₹579.01 crFY 2024-25
+5%2024–2025
762+8% 12 mo to Jul 2024LinkedIn · Oct 2026
17 yr2009
0none in 3 months
Has made acquisitions
Business facts
- Revenue
- ₹579.01 cr · FY 2024-25
- Revenue growth
- +5% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 216
- Recorded funding
- US$50.21m · Series C · May 2024
- Founded
- 2009 · about 17 years old
- Stage
- Series C
- Focus
- Microcredit
Revenue growth
Latest revenue₹579.01 crFY 2024-25
1y growth+5%
3y growth+32%
Funding over time
US$50.21m across 5 disclosed equity rounds
Darker bars = larger roundsFounders · 3
Ajay SinhaCo-Founder & Director
- Highest education
- The University of Delhi
Pankaj KumarCo-Founder & Director
- Highest education
- MBA · Asian Institute of Management
- Location
- Gaya, Bihar, India
- Current company
- Save Solution Pvt. Ltd
Ajeet SinghCo-Founder & Managing Director
- Location
- Gaya, Bihar, India
- Current company
- Save solution pvt.ltd
Investors · 2
Maj InvestFund
Team & hiring signals
LinkedIn headcount7621,001-5,000
LinkedIn followers22,226
Earlier recorded team2162024, a different source
LinkedIn page Mobile apps
- SaveM2iProductivity · 12,747 installs · updated 2025-09-26
- SAVE HelpdeskFinance · 9,124 installs · updated 2025-11-28
- Hamara SAVEFinance · 3,883 installs · updated 2024-08-28
Technology
AWS
React
Next.js
Node.js
TypeScript
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of asset management services
Asset management₹273.48 crFY 2024-25
-20%2024–2025
80+23% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months
Business facts
- Revenue
- ₹273.48 cr · FY 2024-25
- Revenue growth
- -20% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 65
- Recorded funding
- None recorded
- Founded
- 2002 · about 24 years old
- Stage
- Unfunded
- Focus
- Diversified
Revenue over time
₹291.86 cr in FY24-25 · net ₹122.32 cr · +713% since FY2016
Filed standalone accounts · Assets Care & Reconstruction Enterprise LimitedLeadership · 2
Neeta MukerjiCEO
- Highest education
- Management · The Wharton School
Ramesh SinghCEO & MD
Team & hiring signals
LinkedIn headcount8051-200
LinkedIn followers2,367
Earlier recorded team652024, a different source
LinkedIn page Technology
Angular- TypeScript
Cloudflare
Bootstrap
jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of technology-enabled financial solutions and services for millions, redefining financial solutions
Service providers to banks₹216.92 crFY 2022-23
+339%2022–2023
56+37% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months
Business facts
- Revenue
- ₹216.92 cr · FY 2022-23
- Revenue growth
- +339% · 2022–2023
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 56
- Recorded funding
- None recorded
- Founded
- 2016 · about 10 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Consumer loans, Diversified
Revenue over time
₹806.92 cr in FY23-24 · net ₹68.82 cr · +678380% since FY2017
Filed standalone accounts · Akara Capital Advisors Private LimitedLeadership · 1
Tushar AggarwalManaging Director
- Highest education
- Be · Stony Brook University
- Location
- Delhi, India
Technology
- React
- Cloudflare
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Company specializing in cash management and logistics services
Service providers to banks₹95.92 crFY 2024-25
+413%2024–2025
958LinkedIn · Oct 2026
14 yr2012
0none in 3 months · last posted Jul 2026
Business facts
- Revenue
- ₹95.92 cr · FY 2024-25
- Revenue growth
- +413% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- 11,000
- Recorded funding
- None recorded
- Founded
- 2012 · about 14 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Diversified
Revenue over time
₹95.92 cr in FY24-25 · net ₹4.85 cr · +5832% since FY2019
Filed standalone accounts · Sis Prosegur Cash Logistics Private LimitedLeadership · 1
Ashok RaskarCEO
Team & hiring signals
LinkedIn headcount95810,001+
LinkedIn followers10,377
Open roles3of 6 tracked · last posted Jul 2026
- Hiring: Branchen Head · UP East Region
- Hiring: Branches Head – North East Region · North East Region
- Hiring: Regional Head · Mumbai, Maharashtra
Technology
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of international & domestic debt recovery, credit management, legal, and business advisory services
Service providers to banks₹65.38 crFY 2023-24
Not reported
175+29% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
3postings · last posted Sep 2026
Business facts
- Revenue
- ₹65.38 cr · FY 2023-24
- Revenue growth
- Not reported
- Revenue model
- Fee-for-service
- Team size
- 157
- Recorded funding
- None recorded
- Founded
- 1996 · about 30 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue over time
₹65.38 cr in FY23-24 · net ₹23.47 cr · +429% since FY2017
Filed standalone accounts · Mns Credit Management Group Private LimitedTeam & hiring signals
LinkedIn headcount17551-200
LinkedIn followers18,133
Earlier recorded team1572024, a different source
Open roles5of 7 tracked · last posted Sep 2026
LinkedIn page Technology
PHP- Cloudflare
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Acquires and reconstructs distressed financial assets
Service providers to banks₹60.35 crFY 2024-25
Not reported
29+12% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months
Business facts
- Revenue
- ₹60.35 cr · FY 2024-25
- Revenue growth
- Not reported
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 19
- Recorded funding
- None recorded
- Founded
- 2008 · about 18 years old
- Stage
- Unfunded
- Focus
- Debt management, Non-performing assets management, Debt purchase
Revenue over time
₹60.35 cr in FY24-25 · net ₹44.70 lakh · +125% since FY2018
Filed standalone accounts · Alchemist Asset Reconstruction Company LimitedLeadership · 1
Rajeev Maheshwariex-CEO
Team & hiring signals
LinkedIn headcount2911-50
LinkedIn followers3,813
Earlier recorded team192024, a different source
LinkedIn page Technology
- PHP
MySQL
WordPress- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of banking and financial services through business correspondent agents
Service providers to banks₹48.86 crFY 2024-25
+25%2024–2025
—Not available
12 yr2014
0none in 3 months
Business facts
- Revenue
- ₹48.86 cr · FY 2024-25
- Revenue growth
- +25% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2014 · about 12 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue over time
₹48.86 cr in FY24-25 · net ₹1.58 cr · +387% since FY2018
Filed standalone accounts · Relisec Consultancy Services Private LimitedTechnology
Nginx- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of asset reconstruction services for non-performing assets
Service providers to banks₹34.76 crFY 2024-25
-81%2024–2025
24+50% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months
Business facts
- Revenue
- ₹34.76 cr · FY 2024-25
- Revenue growth
- -81% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- 27
- Recorded funding
- None recorded
- Founded
- 2007 · about 19 years old
- Stage
- Unfunded
- Focus
- Debt management, Non-performing assets management, Debt purchase
Revenue over time
₹34.76 cr in FY24-25 · net ₹2.30 cr · +113% since FY2018
Filed standalone accounts · Uv Asset Reconstruction Company LimitedLeadership · 1
Ashwani Kumar ChadhaCEO
Team & hiring signals
LinkedIn headcount2411-50
LinkedIn followers1,334
Earlier recorded team272024, a different source
LinkedIn page Technology
- AWS
- React
- Nginx
Amazon S3- CloudFront
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of home, business & personal loans for consumers
Service providers to banks₹27.10 crFY 2022-23
-9%2022–2023
217LinkedIn · Jul 2026
11 yr2015
0none in 3 months
Business facts
- Revenue
- ₹27.10 cr · FY 2022-23
- Revenue growth
- -9% · 2022–2023
- Revenue model
- Commission on transaction, Lending
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2015 · about 11 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Diversified
Revenue over time
₹27.10 cr in FY22-23 · net −₹2.34 cr · +4923% since FY2017
Filed standalone accounts · Royal Finserv Consultants Private LimitedFounders · 1
Aditya SrivastavaCo-Founder & CEO
Team & hiring signals
LinkedIn headcount2171,001-5,000
LinkedIn followers8,315
LinkedIn page Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of credit cards, loans, and insurance services
Service providers to banks₹16.19 crFY 2024-25
-25%2024–2025
277LinkedIn · Jul 2026
5 yr2021
0none in 3 months
Business facts
- Revenue
- ₹16.19 cr · FY 2024-25
- Revenue growth
- -25% · 2024–2025
- Revenue model
- Commission on transaction, Lending
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2021 · about 5 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Consumer loans, Diversified
Revenue over time
₹16.19 cr in FY24-25 · net ₹87.33 lakh · +389% since FY2022
Filed standalone accounts · Hello Money India Private LimitedLeadership · 1
Rahul ChauhanManaging Director
Team & hiring signals
LinkedIn headcount27751-200
LinkedIn followers461
LinkedIn page Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Escrow-based banking solutions for consumers and businesses
Service providers to banks₹16.03 crFY 2024-25
+161%2024–2025
55+103% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months
Software
Business facts
- Revenue
- ₹16.03 cr · FY 2024-25
- Revenue growth
- +161% · 2024–2025
- Revenue model
- Commission on transaction, Subscription
- Team size
- 77
- Recorded funding
- US$8.12m · Seed · Nov 2024
- Founded
- 2020 · about 6 years old
- Stage
- Seed
- Focus
- Business payments, Escrow payments
Revenue over time
₹16.03 cr in FY24-25 · net −₹6.94 cr · +66154% since FY2020
Filed standalone accounts · Ncome Tech Solutions Private LimitedFunding over time
US$8.12m across 6 disclosed equity rounds
Darker bars = larger roundsFounders · 4
Ritesh TiwariCo-Founder & Chief Product Officer
Kumar SinhaCo-Founder & COO
- Highest education
- BA · The University of Delhi
Dinesh KumarCo-Founder
- Highest education
- Bharati Vidyapeeth
- Location
- Bengaluru, Karnataka, India
- Current company
- Castler
Vineet SinghCo-Founder & CEO
- Highest education
- IPM India
- Location
- Delhi, India
- Current company
- Castler
Investors · 71
100UnicornsFund
Angel ListFund
CMGFund
Capital 2BFund
Faad CapitalFund
Flipkart LeapFund
LetsVentureFund
Piper SericaFund
Team & hiring signals
LinkedIn headcount5551-200
LinkedIn followers9,696
Earlier recorded team772024, a different source
LinkedIn page Technology
- React
- Cloudflare
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of unclaimed investment recovery services
Service providers to banks₹15.19 crFY 2024-25
+52%2024–2025
137LinkedIn · Oct 2026
15 yr2011
0none in 3 months
Business facts
- Revenue
- ₹15.19 cr · FY 2024-25
- Revenue growth
- +52% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2011 · about 15 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
₹9.59 cr in FY24-25 · net ₹2.29 cr · +1162% since FY2017
Filed standalone accounts · Share Samadhan LimitedFounders · 2
Vikash JainCo-Founder & CEO
- Highest education
- The Institute of Chartered Accountants of India
- Location
- Greater Delhi Area
- Current company
- Share Samadhan Limited
Abhay ChandaliaCo-Founder and Director
- Highest education
- Bachelor's · University Of Rajasthan
- Location
- South Delhi, Delhi, India
- Current company
- Share Samadhan Limited
Team & hiring signals
LinkedIn headcount13711-50
LinkedIn followers4,238
LinkedIn page Technology
- Nginx
- Cloudflare
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of financial products acting as an intermediary for distribution of financial products and referral tie ups
Service providers to banks₹12.10 crFY 2024-25
+239%2024–2025
6LinkedIn · Jul 2026
4 yr2022
0none in 3 months
Consumer
Business facts
- Revenue
- ₹12.10 cr · FY 2024-25
- Revenue growth
- +239% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2022 · about 4 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue growth
Latest revenue₹12.10 crFY 2024-25
1y growth+239%
3y growth+68%
5y growth+43%
Team & hiring signals
LinkedIn headcount62-10
LinkedIn followers223
LinkedIn page Mobile apps
- NVM CapitalFinance · 726 installs · updated 2024-10-14
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of diverse loan products for individuals and businesses
Service providers to banks₹7.58 crFY 2021-22
Not reported
46LinkedIn · Jul 2026
14 yr2012
0none in 3 months
Consumer
Business facts
- Revenue
- ₹7.58 cr · FY 2021-22
- Revenue growth
- Not reported
- Revenue model
- Commission on transaction, Lending
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2012 · about 14 years old
- Stage
- Unfunded
- Focus
- Credit brokers
Team & hiring signals
LinkedIn headcount4651-200
LinkedIn followers639
LinkedIn page Technology
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of financial services
Service providers to banks₹7.50 crFY 2024-25
-2%2024–2025
36LinkedIn · Jul 2026
8 yr2018
0none in 3 months
Business facts
- Revenue
- ₹7.50 cr · FY 2024-25
- Revenue growth
- -2% · 2024–2025
- Revenue model
- Commission on transaction, E-commerce - service, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2018 · about 8 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue over time
₹7.50 cr in FY24-25 · net −₹3.66 cr · +2748% since FY2018
Filed standalone accounts · Magenta Finance Services Private LimitedLeadership · 1
Samrat RoyCEO
Team & hiring signals
LinkedIn headcount3651-200
LinkedIn followers1,307
LinkedIn page Technology
- React
Vercel
Tailwind CSS
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of group lending services to low-income communities
Service providers to banks₹5.60 crFY 2024-25
-2%2024–2025
17LinkedIn · Jul 2026
10 yr2016
0none in 3 months
Business facts
- Revenue
- ₹5.60 cr · FY 2024-25
- Revenue growth
- -2% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2016 · about 10 years old
- Stage
- Unfunded
- Focus
- Credit counselling and settlement, Debt management
Revenue over time
₹5.60 cr in FY24-25 · net ₹93.93 lakh · +52% since FY2018
Filed standalone accounts · Good Luck Financial Inclusion Private LimitedTeam & hiring signals
LinkedIn headcount1711-50
LinkedIn followers161
LinkedIn page Technology
- PHP
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of debt collection, credit risk management, and AR outsourcing services
Service providers to banks₹3.26 crFY 2024-25
+9%2024–2025
30LinkedIn · Jul 2026
13 yr2013
0none in 3 months
Business facts
- Revenue
- ₹3.26 cr · FY 2024-25
- Revenue growth
- +9% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2013 · about 13 years old
- Stage
- Unfunded
- Focus
- Debt management
Revenue over time
₹3.26 cr in FY24-25 · net ₹65.78 lakh · +228% since FY2018
Filed standalone accounts · Rm Debt Nirvana Consulting Private LimitedFounders · 3
Shilpi MalhotraCo-Founder
Shilpi MalhotraCo-Founder
Ravi MalhotraFounder & CEO
- Highest education
- The Institute Of Chartered Accountants Of India
- Location
- Delhi, India
Team & hiring signals
LinkedIn headcount3011-50
LinkedIn followers3,377
LinkedIn page Technology
- PHP
- MySQL
- Nginx
- WordPress
- Bootstrap
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of banking services
Service providers to banks₹2.24 crFY 2022-23
Not reported
4+0% 12 mo to Mar 2022recorded Mar 2022
32 yr1994
—No postings tracked
Business facts
- Revenue
- ₹2.24 cr · FY 2022-23
- Revenue growth
- Not reported
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 4
- Recorded funding
- None recorded
- Founded
- 1994 · about 32 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
₹2.24 cr in FY22-23 · +1304% since FY2016
Filed standalone accounts · Superior Finlease LimitedLeadership · 3
Vaibhav VashistCEO
Mohd HishamuddinCEO
Shipali GuptaCEO
Technology
- PHP
- MySQL
- WordPress
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Non-banking finance company that offers financial services tailored to small businesses
Service providers to banks₹1.85 crFY 2024-25
+28%2024–2025
—Not available
27 yr1999
0none in 3 months
Business facts
- Revenue
- ₹1.85 cr · FY 2024-25
- Revenue growth
- +28% · 2024–2025
- Revenue model
- Commission on transaction, Interest, Lending
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 1999 · about 27 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Diversified
Revenue over time
₹1.85 cr in FY24-25 · net ₹56.51 lakh · +244% since FY2018
Filed standalone accounts · Juhie(India)Pvt LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of customer support & acquisition services
Service providers to banks₹1.74 crFY 2024-25
-71%2024–2025
1,421+174% 12 mo to Aug 2023LinkedIn · Oct 2026
27 yr1999
1postings · last posted Sep 2026
Business facts
- Revenue
- ₹1.74 cr · FY 2024-25
- Revenue growth
- -71% · 2024–2025
- Revenue model
- E-commerce - service, Subscription, Fee-for-service
- Team size
- 326
- Recorded funding
- None recorded
- Founded
- 1999 · about 27 years old
- Stage
- Unfunded
- Focus
- Bpo, Banking, Contact center outsourcing, Call center
Revenue over time
₹1.74 cr in FY24-25 · net −₹10.36 lakh · -52% since FY2018
Filed standalone accounts · Jitf Shipyards LimitedFounders · 1
Sanjiv GargFounder & CEO
- Highest education
- Master's of Science · Northwestern University
- Location
- Delhi, India
Team & hiring signals
LinkedIn headcount1,4211,001-5,000
LinkedIn followers29,806
Earlier recorded team3262023, a different source
Open roles2of 3 tracked · last posted Sep 2026
LinkedIn page Technology
- PHP
- MySQL
- Cloudflare
- WordPress
- Bootstrap
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of digital transaction services for banking sector
Service providers to banks₹82.46 lakhFY 2024-25
+361%2024–2025
37recorded Aug 2024
5 yr2021
0none in 3 months
Consumer
Business facts
- Revenue
- ₹82.46 lakh · FY 2024-25
- Revenue growth
- +361% · 2024–2025
- Revenue model
- Commission on transaction, Subscription
- Team size
- 37
- Recorded funding
- US$2.70m · Seed · Jul 2024
- Founded
- 2021 · about 5 years old
- Stage
- Seed
- Focus
- Enablers, Open banking apis, Open banking, Banking apis
Revenue over time
₹82.46 lakh in FY24-25 · net −₹5.07 cr · +3484% since FY2023
Filed standalone accounts · Plutos One Technology Private LimitedFunding over time
US$2.70m across 5 disclosed equity rounds
Darker bars = larger roundsFounders · 3
Rohit MahajanCo-Founder
- Highest education
- Kurukshetra University
Rajjat GulatiCo-Founder
- Highest education
- Indian Institute of Management, Ahmedabad
- Location
- New Delhi, Delhi, India
- Current company
- plutos ONE
Rohit MahajanCo-Founder
- Highest education
- Kurukshetra University
Investors · 35
Auxano CapitalFund
CogniphyFund
Genesia VenturesFund- LetsVentureFund
Sarcha AdvisorsFund
UNIQ SolutionsFund- CogniphyFund
Technology
- AWS
- React
- Next.js
- Node.js
- Nginx
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Company that provides financial incorporation and allied services to individuals and organizations
Service providers to banks€89kDec 2022
+11%2021–2022
103+48% 12 mo to Nov 2023LinkedIn · Oct 2026
11 yr2015
0none in 3 months · last posted Jun 2026
Business facts
- Revenue
- €89k · Dec 2022
- Revenue growth
- +11% · 2021–2022
- Revenue model
- Commission on transaction, Lending, Subscription
- Team size
- 448
- Recorded funding
- None recorded
- Founded
- 2015 · about 11 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Business loans, Diversified
Revenue over time
₹20.36 cr in FY24-25 · net −₹2.82 cr · +839% since FY2018
Filed standalone accounts · Ambition Services Private Limited (matched by legal name)Founders · 2
Praveen ChoudharyCo-Founder
- Highest education
- SRM University
- Location
- Greater Delhi Area
- Current company
- Ambition Services Pvt Ltd
Ankur SinghalCo-Founder & CEO
- Highest education
- Management · Indian Institute Of Forest Management
- Location
- Delhi, India
- Current company
- Ambition Services Pvt Ltd
Team & hiring signals
LinkedIn headcount103501-1,000
LinkedIn followers3,106
Earlier recorded team4482023, a different source
Open roles1of 1 tracked · last posted Jun 2026
LinkedIn page Technology
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Distribution platform for consumer and commercial loans, and investment products
Service providers to banks₹75.98 lakhFY 2024-25
-21%2024–2025
6LinkedIn · Jul 2026
11 yr2015
0none in 3 months
Consumer
Business facts
- Revenue
- ₹75.98 lakh · FY 2024-25
- Revenue growth
- -21% · 2024–2025
- Revenue model
- Commission on transaction, Interest, Lending
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2015 · about 11 years old
- Stage
- Unfunded
- Focus
- Credit brokers
Revenue over time
₹75.98 lakh in FY24-25 · net ₹1.16 lakh · +194% since FY2018
Filed standalone accounts · Durga Finvest Private LimitedFounders · 2
Preeti MittalCo-Founder & MD
- Highest education
- Master's · Delhi University
- Location
- Delhi, India
- Current company
- Durga Finvest Pvt Ltd
Mohit RastogiCo-Founder & Director
Team & hiring signals
LinkedIn headcount6201-500
LinkedIn followers25
LinkedIn page Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Instantfin Tech is a fin-tech startup in the working capital space.
Service providers to banks₹47.00 lakhFY 2021-22
Not reported
—Not available
—
—No postings tracked
Business facts
- Revenue
- ₹47.00 lakh · FY 2021-22
- Revenue growth
- Not reported
- Revenue model
- Subscription
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- Not available
- Stage
- Unfunded
- Focus
- Banking correspondents
Mobile apps
- Instant Mudra : Personal LoanFinance · 1,178,429 installs · updated 2026-02-28
Technology
- Cloudflare
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of management & financial consulting services
Asset management₹14.70 lakhFY 2023-24
Not reported
—Not available
41 yr1985
0none in 3 months
Business facts
- Revenue
- ₹14.70 lakh · FY 2023-24
- Revenue growth
- Not reported
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 1985 · about 41 years old
- Stage
- Public
- Focus
- Diversified
Revenue over time
₹14.70 lakh in FY23-24 · net −₹1.68 lakh · -92% since FY2018
Filed standalone accounts · Kapil Raj Finance LimitedLeadership · 1
Shyam SinghManaging Director
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of financial and taxation services
Service providers to banksFY 2023-24
2023–2024
4recorded
41 yr1985
0none in 3 months
Business facts
- Revenue
- · FY 2023-24
- Revenue growth
- · 2023–2024
- Revenue model
- Commission on transaction, Lending
- Team size
- 4
- Recorded funding
- None recorded
- Founded
- 1985 · about 41 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
in FY23-24 · net · since FY2015
Filed standalone accounts · Sidh Automobiles LimitedLeadership · 1
Anil SharmaCEO & MD
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
26 of 43 companies shown here · the full list is on Radar
Fliar Radar
Explore all 43 service providers to banks companies in Delhi on Radar
This page shows the top 26. Radar has the complete, filterable list with contacts and live company signals.
Open service providers to banks in Delhi on Radar- Every company, not just 50All 43 service providers to banks companies in Delhi, filterable by stage, funding, team size, revenue model and age.
- Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore service providers to banks in Delhi by what you are looking for
Find service providers to banks in Delhi, from banking correspondents and credit brokers to debt recovery firms. Browse bank service provider companies, startups and listed firms.
7 ways to explore service providers to banks in Delhi
Credit brokers & loan service providersBanking correspondents & branchless bankingDebt management, collection & asset reconstructionBank outsourcing, call centre & consulting servicesListed service providers to banks in DelhiService providers to banks startups in Delhi
Credit brokers & loan service providers
Companies that source and service personal, business and home loans for banks and lenders.
- Save SolutionsSee in list
Provider of MSME business loan against property to rural and semi rural communities
Microfinance - Akara CapitalSee in list
Provider of technology-enabled financial solutions and services for millions, redefining financial solutions
Service providers to banks - Hello Money IndiaSee in list
Provider of credit cards, loans, and insurance services
Service providers to banks 
PMC FincorpWebsiteProvider of loan management services
Service providers to banks- AmbitionSee in list
Company that provides financial incorporation and allied services to individuals and organizations
Service providers to banks
19 companies in DelhiAll 912 consumer and sme loans companies in India →
Banking correspondents & branchless banking
Agents and firms that deliver banking services on behalf of banks.
Rexcin FinanceWebsiteProvider of embedded finance and personal loan services to customers
Service providers to banks- MNS Credit Management GroupSee in list
Provider of international & domestic debt recovery, credit management, legal, and business advisory services
Service providers to banks - RelisecSee in list
Provider of banking and financial services through business correspondent agents
Service providers to banks - CastlerSee in list
Escrow-based banking solutions for consumers and businesses
Service providers to banks - Share SamadhanSee in list
Provider of unclaimed investment recovery services
Service providers to banks
41 companies in DelhiAll 40 service providers to banks companies in Delhi →
Debt management, collection & asset reconstruction
Firms that manage, collect or buy non-performing and distressed debt.
- Assets Care & Reconstruction EnterpriseSee in list
Provider of asset management services
Asset management - Alchemy Asset Reconstruction CompanySee in list
Acquires and reconstructs distressed financial assets
Service providers to banks - UV Asset Reconstruction CompanySee in list
Provider of asset reconstruction services for non-performing assets
Service providers to banks - GoodluckfinSee in list
Provider of group lending services to low-income communities
Service providers to banks 
FinanceEdgeWebsiteFinanceEdge is a non-banking finance company that offers 100% fee financing with zero cost EMIs for students.
Service providers to banks
10 companies in DelhiAll 86 asset management companies in Delhi →
Bank outsourcing, call centre & consulting services
BPO, customer support and consulting services for banks and financial firms.
- JindalXSee in list
Provider of customer support & acquisition services
Service providers to banks 
GIA ADVISORSWebsiteProvider of investment banking services
Service providers to banks
Parishek FinanceWebsiteProvider of financial services
Service providers to banks
AegeusfsWebsiteProvider of financial solutions for businesses and individuals. It offers a comprehensive suite of services including loans and lending, asset management, insurance, financial advisory, and investment solutions. These services cater to a diverse clientele, encompassing small and medium-sized enterprises (SMEs), individuals, and institutional clients. The firm provides support across various financial needs, from business loans and personal financing to real estate investments and wealth management. Specific offerings include loans for various purposes, insurance products covering diverse needs
Service providers to banks
4 companies in DelhiAll 98 customer experience services companies in India →
Listed service providers to banks in Delhi
Publicly listed companies serving banks.
- Share SamadhanSee in list
Provider of unclaimed investment recovery services
Service providers to banks - PMC FincorpWebsite
Provider of loan management services
Service providers to banks - Superior FinleaseSee in list
Provider of banking services
Service providers to banks - Kapil Raj FinanceSee in list
Provider of management & financial consulting services
Asset management - Sidh AutomobilesSee in list
Provider of financial and taxation services
Service providers to banks
7 companies in Delhi
Service providers to banks startups in Delhi
Newer bank service providers founded in the last few years.
- Rexcin FinanceWebsite
Provider of embedded finance and personal loan services to customers
Service providers to banks - Hello Money IndiaSee in list
Provider of credit cards, loans, and insurance services
Service providers to banks - NVM CapitalSee in list
Provider of financial products acting as an intermediary for distribution of financial products and referral tie ups
Service providers to banks - plutos ONESee in list
Provider of digital transaction services for banking sector
Service providers to banks 
KapexWebsiteProvider of security deposit loans for commercial tenants and liquidity solutions
Consumer and sme loans
6 companies in Delhi
Service providers to banks hiring in Delhi
Bank service providers with open roles right now.
- SIS-ProsegurSee in list
Company specializing in cash management and logistics services
Service providers to banks - MNS Credit Management GroupSee in list
Provider of international & domestic debt recovery, credit management, legal, and business advisory services
Service providers to banks - JindalXSee in list
Provider of customer support & acquisition services
Service providers to banks - AmbitionSee in list
Company that provides financial incorporation and allied services to individuals and organizations
Service providers to banks
4 companies in Delhi
Mobile reach
Top 4 service providers to banks apps from Delhi
The most-installed Android apps published by service providers to banks companies headquartered in Delhi — 1.2M installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
1 of 4
Installs1.2M
Rating—
Installs, year on year+99%
Last updatedFeb 2026
Legal entityCHINTAMANI FINLEASE LIMITEDdeclared on Google Play
View on Google Play ↗
Installs13K
Rating—
Last updatedSep 2025
Legal entitySAVE SOLUTIONS PRIVATE LIMITED
View on Google Play ↗CIN U74900DL2013PTC306908
Installs726
Rating—
Last updatedOct 2024
Legal entityNVM CAPITAL PRIVATE LIMITED
View on Google Play ↗CIN U74140DL2007PTC163033
Installs33
Rating—
Last updatedMay 2026
Legal entityCNH Industrial America LLCdeclared on Google Play
View on Google Play ↗
The business behind the activity
Service providers to banks financials in Delhi
Revenue, profit and growth from the filed annual accounts of 17 service providers to banks companies in Delhi, Delhi for FY24-25 — 25 of the 43 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 86% of the revenue, so medians describe the typical company better than totals.
combined revenue, FY24-25₹616.47 cr
17 companies filing accounts
combined net profit₹118.32 cr
19.2% aggregate margin
are profitable71%
12 of 17 companies
median revenue~₹9.6 cr
the typical company
median revenue growth-2%
into FY24-25
earned by the top five86%
revenue concentration
Six-year view
Combined revenue of filing companies
The number of companies filing changes each year; the three-year cohort below compares like with like.
Like-for-like
+10%The same 17 companies over three years
Companies with accounts for all three years, so growth is not an artefact of who filed.
Scale and profit
Bigger companies are far more often profitable
Under ₹1 cr250% profitable
₹1–10 cr771% profitable
₹10–100 cr771% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
Momentum
How fast revenue moved into FY24-25
17 companies with accounts for both years; median growth -2%.
Profitability
Profit is concentrated at the top
12profitable
5loss-making
19.2%aggregate margin
5.1%median margin
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
Growth leaders · ₹10 cr+ revenue
Fastest growing, FY24-25
| Company | Growth | Revenue |
|---|---|---|
| SIS-ProsegurSIS PROSEGUR CASH LOGISTICS PRIVATE LIMITED | +413% | ₹95.92 cr |
| CastlerNcome Tech Solutions Private Limited | +161% | ₹16.03 cr |
| RelisecRELISEC CONSULTANCY SERVICES PRIVATE LIMITED | +25% | ₹48.86 cr |
| AmbitionAMBITION SERVICES PRIVATE LIMITED | -9% | ₹20.36 cr |
| Assets Care & Reconstruction EnterpriseASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED | -14% | ₹291.86 cr |
| Hello Money IndiaHELLO MONEY INDIA PRIVATE LIMITED | -25% | ₹16.19 cr |
Profit leaders · ₹10 cr+ revenue
Highest net margins, FY24-25
| Company | Margin | Revenue |
|---|---|---|
| Assets Care & Reconstruction EnterpriseASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED | 41.9% | ₹291.86 cr |
| UV Asset Reconstruction CompanyUV ASSET RECONSTRUCTION COMPANY LIMITED | 6.6% | ₹34.76 cr |
| Hello Money IndiaHELLO MONEY INDIA PRIVATE LIMITED | 5.4% | ₹16.19 cr |
| SIS-ProsegurSIS PROSEGUR CASH LOGISTICS PRIVATE LIMITED | 5.1% | ₹95.92 cr |
| RelisecRELISEC CONSULTANCY SERVICES PRIVATE LIMITED | 3.2% | ₹48.86 cr |
| Alchemy Asset Reconstruction CompanyALCHEMIST ASSET RECONSTRUCTION COMPANY LIMITED | 0.7% | ₹60.35 cr |
Inside the industry
Sub-sectors compared, FY24-25
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Service providers to banks | 16 | ₹324.61 cr | ~₹8.5 cr | 69% | -1.2% |
Leaders
Largest service providers to banks companies by revenue, FY24-25
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Assets Care & Reconstruction EnterpriseASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED | ₹291.86 cr | ₹122.32 cr | 41.9% | -14% |
| SIS-ProsegurSIS PROSEGUR CASH LOGISTICS PRIVATE LIMITED | ₹95.92 cr | ₹4.85 cr | 5.1% | +413% |
| Alchemy Asset Reconstruction CompanyALCHEMIST ASSET RECONSTRUCTION COMPANY LIMITED | ₹60.35 cr | ₹44.70 lakh | 0.7% | -41% |
| RelisecRELISEC CONSULTANCY SERVICES PRIVATE LIMITED | ₹48.86 cr | ₹1.58 cr | 3.2% | +25% |
| UV Asset Reconstruction CompanyUV ASSET RECONSTRUCTION COMPANY LIMITED | ₹34.76 cr | ₹2.30 cr | 6.6% | -81% |
| AmbitionAMBITION SERVICES PRIVATE LIMITED | ₹20.36 cr | −₹2.82 cr | -13.9% | -9% |
| Hello Money IndiaHELLO MONEY INDIA PRIVATE LIMITED | ₹16.19 cr | ₹87.33 lakh | 5.4% | -25% |
| CastlerNcome Tech Solutions Private Limited | ₹16.03 cr | −₹6.94 cr | -43.3% | +161% |
| Share SamadhanSHARE SAMADHAN LIMITED | ₹9.59 cr | ₹2.29 cr | 23.8% | +2% |
| Magenta Finance ServicesMAGENTA FINANCE SERVICES PRIVATE LIMITED | ₹7.50 cr | −₹3.66 cr | -48.8% | -2% |
Some figures are available to Radar members.Log in to Radar to see every figure
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
Industry landscape report
AdTech Industry Landscape of Delhi
The financials above are one chapter. The full service providers to banks landscape of Delhi maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
- Market map of every sub-sector
- Funding & company formation by year
- Revenue, profit & financial strength
- Digital footprint: traffic, apps, releases
- Hiring, skills & pay
- Founders & leaders
- News & sentiment
- Where demand runs ahead of supply
For investors and data teams
Put this intelligence into your own tools
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
Capital & corporate activity
Service providers to banks funding and M&A across India
86 recorded equity rounds have gone to 632 service providers to banks companies in India — how much, at which stage, into which sub-sectors, from whom, and how Delhi compares. Debt, IPO and grant rounds are excluded.
equity rounds, last 12 months2
US$28.00m
equity rounds, last 24 months6
US$133.32m
raised over five yearsUS$283.78m
44 rounds in India
M&A deals, India23
last 24 months
Capital by year
amount roundsEquity funding into service providers to banks in India
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$105.31m across 3 rounds.
The funding ladder · five years
Rounds and typical cheque by stage
AngelUS$1.78m6 rounds · median US$91k
SeedUS$43.92m19 rounds · median US$625k
Series AUS$50.62m5 rounds · median US$10.00m
Series BUS$32.09m6 rounds · median US$5.79m
Series CUS$37.60m3 rounds · median US$13.00m
Series D+US$15.77m3 rounds · median US$3.31m
Private equityUS$102.00m2 rounds · median US$51.00m
Where the money went · five years
Most-funded sub-sectors
Service providers to banksUS$153.11m36 rounds · 16 companies
Consumer and sme loansUS$92.00m1 rounds · 1 companies
MicrofinanceUS$28.10m3 rounds · 1 companies
Healthcare itUS$10.57m4 rounds · 1 companies
Delhi in context
Delhi’s share of India’s service providers to banks funding
Equity rounds over the last five years, 51 service providers to banks companies in Delhi among 632 in India.
Corporate activity · last 24 months
M&A in India
22Acquisition
1Merger
Most active acquirers
- Cms info systems4
- National asset reconstruction3
- Crisil3
- Na1
- KF Trust1
Most acquired or merged
- Infina finance4
- Emkay Global Financial Services3
- Cms info systems2
- Securens systems2
- Financial Software and Systems1
Each deal appears in the events strip at the top of the page.
Go deeper in the service providers to banks landscape reports:
AdTech Industry Landscape of Delhi Auto Industry Landscape of Delhi Auto Tech Industry Landscape of DelhiFounders and momentum in Delhi
Meet the people behind service providers to banks companies in Delhi. 30 of 43 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Fastest revenue growth
Service providers to banks companies in Delhi with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Service providers to banksCompany specializing in cash management and logistics services
Revenue growth · 2024–2025+413%Revenue ₹95.92 cr · FY 2024-25
Leadership · 1
Service providers to banksProvider of technology-enabled financial solutions and services for millions, redefining financial solutions
Revenue growth · 2022–2023+339%Revenue ₹216.92 cr · FY 2022-23
Leadership · 1
Tushar Aggarwal in ↗Managing Director
Service providers to banksProvider of financial products acting as an intermediary for distribution of financial products and referral tie ups
Revenue growth · 2024–2025+239%Revenue ₹12.10 cr · FY 2024-25
Founders
Details not available
Service providers to banksEscrow-based banking solutions for consumers and businesses
Revenue growth · 2024–2025+161%Revenue ₹16.03 cr · FY 2024-25
Founders · 4
Ritesh Tiwari in ↗Co-Founder & Chief Product Officer
Kumar Sinha in ↗Co-Founder & COO
Dinesh Kumar in ↗Co-Founder
Vineet Singh in ↗Co-Founder & CEO
Service providers to banksProvider of unclaimed investment recovery services
Revenue growth · 2024–2025+52%Revenue ₹15.19 cr · FY 2024-25
Founders · 2
Vikash Jain in ↗Co-Founder & CEO
Abhay Chandalia in ↗Co-Founder and Director
Service providers to banksProvider of banking and financial services through business correspondent agents
Revenue growth · 2024–2025+25%Revenue ₹48.86 cr · FY 2024-25
Founders
Details not available
MicrofinanceProvider of MSME business loan against property to rural and semi rural communities
Revenue growth · 2024–2025+5%Revenue ₹579.01 cr · FY 2024-25
Founders · 3
Ajay SinhaCo-Founder & Director
Pankaj Kumar in ↗Co-Founder & Director
Ajeet Singh in ↗Co-Founder & Managing Director
Business facts
- Revenue
- ₹95.92 cr · FY 2024-25
- Revenue growth
- +413% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- 11,000
- Recorded funding
- None recorded
- Founded
- 2012 · about 14 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Diversified
Revenue over time
₹95.92 cr in FY24-25 · net ₹4.85 cr · +5832% since FY2019
Filed standalone accounts · Sis Prosegur Cash Logistics Private LimitedLeadership · 1
Ashok RaskarCEO
Team & hiring signals
LinkedIn headcount95810,001+
LinkedIn followers10,377
Open roles3of 6 tracked · last posted Jul 2026
- Hiring: Branchen Head · UP East Region
- Hiring: Branches Head – North East Region · North East Region
- Hiring: Regional Head · Mumbai, Maharashtra
Technology
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Business facts
- Revenue
- ₹216.92 cr · FY 2022-23
- Revenue growth
- +339% · 2022–2023
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 56
- Recorded funding
- None recorded
- Founded
- 2016 · about 10 years old
- Stage
- Unfunded
- Focus
- Credit brokers, Consumer loans, Diversified
Revenue over time
₹806.92 cr in FY23-24 · net ₹68.82 cr · +678380% since FY2017
Filed standalone accounts · Akara Capital Advisors Private LimitedLeadership · 1
Tushar AggarwalManaging Director
- Highest education
- Be · Stony Brook University
- Location
- Delhi, India
Technology
- React
- Cloudflare
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Consumer
Business facts
- Revenue
- ₹12.10 cr · FY 2024-25
- Revenue growth
- +239% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2022 · about 4 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue growth
Latest revenue₹12.10 crFY 2024-25
1y growth+239%
3y growth+68%
5y growth+43%
Team & hiring signals
LinkedIn headcount62-10
LinkedIn followers223
LinkedIn page Mobile apps
- NVM CapitalFinance · 726 installs · updated 2024-10-14
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Software
Business facts
- Revenue
- ₹16.03 cr · FY 2024-25
- Revenue growth
- +161% · 2024–2025
- Revenue model
- Commission on transaction, Subscription
- Team size
- 77
- Recorded funding
- US$8.12m · Seed · Nov 2024
- Founded
- 2020 · about 6 years old
- Stage
- Seed
- Focus
- Business payments, Escrow payments
Revenue over time
₹16.03 cr in FY24-25 · net −₹6.94 cr · +66154% since FY2020
Filed standalone accounts · Ncome Tech Solutions Private LimitedFunding over time
US$8.12m across 6 disclosed equity rounds
Darker bars = larger roundsFounders · 4
Ritesh TiwariCo-Founder & Chief Product Officer
Kumar SinhaCo-Founder & COO
- Highest education
- BA · The University of Delhi
Dinesh KumarCo-Founder
- Highest education
- Bharati Vidyapeeth
- Location
- Bengaluru, Karnataka, India
- Current company
- Castler
Vineet SinghCo-Founder & CEO
- Highest education
- IPM India
- Location
- Delhi, India
- Current company
- Castler
Investors · 71
- 100UnicornsFund
- Angel ListFund
- CMGFund
- Capital 2BFund
- Faad CapitalFund
- Flipkart LeapFund
- LetsVentureFund
- Piper SericaFund
Team & hiring signals
LinkedIn headcount5551-200
LinkedIn followers9,696
Earlier recorded team772024, a different source
LinkedIn page Technology
- React
- Cloudflare
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Business facts
- Revenue
- ₹15.19 cr · FY 2024-25
- Revenue growth
- +52% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2011 · about 15 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
₹9.59 cr in FY24-25 · net ₹2.29 cr · +1162% since FY2017
Filed standalone accounts · Share Samadhan LimitedFounders · 2
Vikash JainCo-Founder & CEO
- Highest education
- The Institute of Chartered Accountants of India
- Location
- Greater Delhi Area
- Current company
- Share Samadhan Limited
Abhay ChandaliaCo-Founder and Director
- Highest education
- Bachelor's · University Of Rajasthan
- Location
- South Delhi, Delhi, India
- Current company
- Share Samadhan Limited
Team & hiring signals
LinkedIn headcount13711-50
LinkedIn followers4,238
LinkedIn page Technology
- Nginx
- Cloudflare
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Business facts
- Revenue
- ₹48.86 cr · FY 2024-25
- Revenue growth
- +25% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2014 · about 12 years old
- Stage
- Unfunded
- Focus
- Banking correspondents
Revenue over time
₹48.86 cr in FY24-25 · net ₹1.58 cr · +387% since FY2018
Filed standalone accounts · Relisec Consultancy Services Private LimitedTechnology
- Nginx
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Has made acquisitions
Business facts
- Revenue
- ₹579.01 cr · FY 2024-25
- Revenue growth
- +5% · 2024–2025
- Revenue model
- Commission on transaction, Fee-for-service
- Team size
- 216
- Recorded funding
- US$50.21m · Series C · May 2024
- Founded
- 2009 · about 17 years old
- Stage
- Series C
- Focus
- Microcredit
Revenue growth
Latest revenue₹579.01 crFY 2024-25
1y growth+5%
3y growth+32%
Funding over time
US$50.21m across 5 disclosed equity rounds
Darker bars = larger roundsFounders · 3
Ajay SinhaCo-Founder & Director
- Highest education
- The University of Delhi
Pankaj KumarCo-Founder & Director
- Highest education
- MBA · Asian Institute of Management
- Location
- Gaya, Bihar, India
- Current company
- Save Solution Pvt. Ltd
Ajeet SinghCo-Founder & Managing Director
- Location
- Gaya, Bihar, India
- Current company
- Save solution pvt.ltd
Investors · 2
- Maj InvestFund
Team & hiring signals
LinkedIn headcount7621,001-5,000
LinkedIn followers22,226
Earlier recorded team2162024, a different source
LinkedIn page Mobile apps
- SaveM2iProductivity · 12,747 installs · updated 2025-09-26
- SAVE HelpdeskFinance · 9,124 installs · updated 2025-11-28
- Hamara SAVEFinance · 3,883 installs · updated 2024-08-28
Technology
- AWS
- React
- Next.js
- Node.js
- TypeScript
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Most covered in the news
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Service providers to banksProvider of unclaimed investment recovery services
News events · last 24 months29Across tracked business press
Founders · 2
Vikash Jain in ↗Co-Founder & CEO
Abhay Chandalia in ↗Co-Founder and Director
Service providers to banksProvider of digital transaction services for banking sector
News events · last 24 months5Across tracked business press
Founders · 3
Service providers to banksProvider of financial and taxation services
News events · last 24 months4Across tracked business press
Leadership · 1
Anil SharmaCEO & MD
Service providers to banksProvider of lending and loan services
News events · last 24 months4Across tracked business press
Leadership · 1
Ashesh AgarwalCEO
Business facts
- Revenue
- ₹15.19 cr · FY 2024-25
- Revenue growth
- +52% · 2024–2025
- Revenue model
- Fee-for-service
- Team size
- Not available
- Recorded funding
- None recorded
- Founded
- 2011 · about 15 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
₹9.59 cr in FY24-25 · net ₹2.29 cr · +1162% since FY2017
Filed standalone accounts · Share Samadhan LimitedFounders · 2
Vikash JainCo-Founder & CEO
- Highest education
- The Institute of Chartered Accountants of India
- Location
- Greater Delhi Area
- Current company
- Share Samadhan Limited
Abhay ChandaliaCo-Founder and Director
- Highest education
- Bachelor's · University Of Rajasthan
- Location
- South Delhi, Delhi, India
- Current company
- Share Samadhan Limited
Team & hiring signals
LinkedIn headcount13711-50
LinkedIn followers4,238
LinkedIn page Technology
- Nginx
- Cloudflare
- Bootstrap
- jQuery
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Consumer
Business facts
- Revenue
- ₹82.46 lakh · FY 2024-25
- Revenue growth
- +361% · 2024–2025
- Revenue model
- Commission on transaction, Subscription
- Team size
- 37
- Recorded funding
- US$2.70m · Seed · Jul 2024
- Founded
- 2021 · about 5 years old
- Stage
- Seed
- Focus
- Enablers, Open banking apis, Open banking, Banking apis
Revenue over time
₹82.46 lakh in FY24-25 · net −₹5.07 cr · +3484% since FY2023
Filed standalone accounts · Plutos One Technology Private LimitedFunding over time
US$2.70m across 5 disclosed equity rounds
Darker bars = larger roundsFounders · 3
Rohit MahajanCo-Founder
- Highest education
- Kurukshetra University
Rajjat GulatiCo-Founder
- Highest education
- Indian Institute of Management, Ahmedabad
- Location
- New Delhi, Delhi, India
- Current company
- plutos ONE
Rohit MahajanCo-Founder
- Highest education
- Kurukshetra University
Investors · 35
- Auxano CapitalFund
- CogniphyFund
- Genesia VenturesFund
- LetsVentureFund
- Sarcha AdvisorsFund
- UNIQ SolutionsFund
- CogniphyFund
Technology
- AWS
- React
- Next.js
- Node.js
- Nginx
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Business facts
- Revenue
- · FY 2023-24
- Revenue growth
- · 2023–2024
- Revenue model
- Commission on transaction, Lending
- Team size
- 4
- Recorded funding
- None recorded
- Founded
- 1985 · about 41 years old
- Stage
- Public
- Focus
- Banking correspondents
Revenue over time
in FY23-24 · net · since FY2015
Filed standalone accounts · Sidh Automobiles LimitedLeadership · 1
Anil SharmaCEO & MD
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Business facts
- Revenue
- · FY 2020-21
- Revenue growth
- -82% · 2020–2021
- Revenue model
- Commission on transaction, Interest, Lending
- Team size
- 3
- Recorded funding
- None recorded
- Founded
- 1986 · about 40 years old
- Stage
- Public
- Focus
- Credit brokers, Diversified
Revenue over time
in FY20-21 · net −₹3.41 lakh · -97% since FY2015
Filed standalone accounts · Nikki Global Finance LimitedLeadership · 1
Ashesh AgarwalCEO
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.