FP
FinPilot Technologies Pvt. Ltd.
DBA: FinPilot | Bengaluru, Karnataka | Founded Jan 15, 2021 | 47 employees
Growth
FinTech / B2B SaaS
DPIIT Recognised
CIN: U72900KA2021PTC123456
78
Health
82
Compliance
βΉ5.04 Cr
ARR π
βΉ42L
MRR π
142
Customers β
72%
Gross Margin π
18 mo
Runway β
8.3%
MoM Growth β
Company Details
CIN
U72900KA2021PTC123456 β
PAN
AABCF1234D β
GSTIN
29AABCF1234D1Z5 π
DPIIT Number
DIPP2021123456 β
DPIIT Status
Recognised (Startup India) β
Incorporated
Jan 15, 2021 (Bengaluru) β
Headquarters
Bengaluru, Karnataka β
Employees
47 full-time β
Website
finpilot.in β
Company Type
Pvt. Ltd. (unlisted) β
Founding Team
Arjun Mehta
CEO & Co-founder
IIT Bombay, ex-Razorpay
28.5%
equity
β Verified
Priya Sharma
CTO & Co-founder
BITS Pilani, ex-PhonePe
24.2%
equity
β Verified
Ravi Krishnan
CFO & Co-founder
IIM Ahmedabad, ex-McKinsey
18.7%
equity
π Doc-backed
π Your Investment Position
βΉ40 Lakhs β βΉ3.80 Crores
Angel Round, March 2021 Β· 9.5x MOIC Β· 112% IRR
350,000 shares (CCD) Β· 3.50% equity (fully diluted)
Shareholding Structureas of Jan 2025
Arjun Mehta
28.50%
Priya Sharma
24.20%
Ravi Krishnan
18.70%
Sequoia Capital India
15.00%
Blume Ventures
6.00%
Mumbai Angels
3.60%
Vikram Anand (You)
3.50%
ESOP Pool
0.50%
Funding History
Mar 2021
Angel Round
Closed
βΉ1.2 Cr Β· CCD
Pre-money: βΉ8 Cr Β· Post: βΉ9.2 Cr
Vikram Anand, 3 others
βΉ1.2 Cr Β· CCD
Pre-money: βΉ8 Cr Β· Post: βΉ9.2 Cr
Vikram Anand, 3 others
Sep 2022
Pre-Series A
Closed
βΉ9.5 Cr Β· CCPS
Pre-money: βΉ38 Cr Β· Post: βΉ47.5 Cr
Blume Ventures led
βΉ9.5 Cr Β· CCPS
Pre-money: βΉ38 Cr Β· Post: βΉ47.5 Cr
Blume Ventures led
Apr 2023
Series A
Closed
βΉ45 Cr Β· CCPS
Pre-money: βΉ120 Cr Β· Post: βΉ165 Cr
Sequoia Capital India led
βΉ45 Cr Β· CCPS
Pre-money: βΉ120 Cr Β· Post: βΉ165 Cr
Sequoia Capital India led
Q3 FY26
Series B (Planned)
Planned
βΉ80β100 Cr Β· CCPS
Pre-money: βΉ220 Cr Β· Post: βΉ300β320 Cr
In discussion
βΉ80β100 Cr Β· CCPS
Pre-money: βΉ220 Cr Β· Post: βΉ300β320 Cr
In discussion
Full Shareholder Tableβ Verified
| Shareholder | Type | Instrument | Shares | % | Mark-to-Market Value | Verification |
|---|---|---|---|---|---|---|
| Arjun Mehta | Founder | Equity | 2,850,000 | 28.50% | βΉ62.7 Cr | β Verified |
| Priya Sharma | Founder | Equity | 2,420,000 | 24.20% | βΉ53.2 Cr | β Verified |
| Ravi Krishnan | Founder | Equity | 1,870,000 | 18.70% | βΉ41.1 Cr | π Doc-backed |
| Sequoia Capital India | VC | CCPS (Series A) | 1,500,000 | 15.00% | βΉ33.0 Cr | β Verified |
| Blume Ventures | VC | CCPS (Pre-Series A) | 600,000 | 6.00% | βΉ13.2 Cr | β Verified |
| Mumbai Angels | Angel Network | CCD | 360,000 | 3.60% | βΉ7.9 Cr | π Doc-backed |
| Vikram Anand (You) You | Angel Investor | CCD | 350,000 | 3.50% | βΉ7.7 Cr | β Verified |
| ESOP Pool | Employee Pool | Options | 50,000 | 0.50% | βΉ1.1 Cr | π Doc-backed |
MRR Trend (βΉ Lakhs)π Document-backed
β MRR grew from βΉ24L to βΉ44L in 8 months (+83%). MoM growth rate: 8.3%
CAC β
βΉ18,000
Cost to acquire customer
LTV β
βΉ2,40,000
Lifetime value
LTV:CAC β
13.3x
Best-in-class >3x
CAC Payback β
8 months
Vs. industry 18mo
Key P&L Summary (Annualized)
Revenue (ARR)
βΉ5.04 Cr π
COGS (28%)
(βΉ1.41 Cr) π
Gross Profit (72%)
βΉ3.63 Cr π
Operating Expenses
(βΉ5.43 Cr) β
EBITDA
(βΉ1.80 Cr) π
Cash Burn/mo
βΉ28 Lakhs β
Total Raised
βΉ57.7 Cr β
Current Valuation
βΉ220 Cr (est.) β
Financial Reports Filed
| Report | Period | Date | Status |
|---|---|---|---|
| MIS Q3 FY25 | OctβDec 2024 | Jan 8, 2025 | π |
| MIS Q2 FY25 | JulβSep 2024 | Oct 5, 2024 | π |
| MIS Q1 FY25 | AprβJun 2024 | Jul 8, 2024 | π |
| Audited FY24 | FY 2023β24 | Sep 28, 2024 | β |
| Audited FY23 | FY 2022β23 | Sep 30, 2023 | β |
| MIS Dec 2024 | Dec 2024 | Jan 5, 2025 | π |
| MIS Nov 2024 | Nov 2024 | Dec 5, 2024 | π |
| MIS Oct 2024 | Oct 2024 | Nov 6, 2024 | π |
GST Filing Compliance β FY25
Jan
FILED
Feb
FILED
Mar
FILED
Apr
FILED
May
FILED
Jun
FILED
Jul
FILED
Aug
FILED
Sep
FILED
Oct
OVERDUE
Nov
FILED
Dec
FILED
11/12 months filed on time. Oct 2024 filed 25 days late.
Compliance Score
82
/ 100
Category Breakdown:
Statutory (MCA/ROC)88
Tax (GST/TDS/IT)75
Labor (PF/ESI)85
Investment Compliance95
1 overdue item
GST Filing Oct 2024 β filed 25 days late (Dec 15 vs Nov 20 due date)
GST Filing Oct 2024 β filed 25 days late (Dec 15 vs Nov 20 due date)
Upcoming Deadlines (30 days)
TDS Q3 FY25
Due: Jan 31, 2025
PF Contribution (Dec)
Due: Jan 15, 2025
ESI Contribution (Dec)
Due: Jan 15, 2025
GST Filing (Dec)
Due: Jan 20, 2025
TCS Return Q3
Due: Jan 31, 2025
β Compliance trend: 9/10 filings on time (90% rate) over last 12 months
Filing History
| Filing | Period | Due Date | Filed Date | Status | Verification |
|---|---|---|---|---|---|
| GST Filing | Oct 2024 | Nov 20, 2024 | Dec 15, 2024 | Late (+25d) | π |
| GST Filing | Nov 2024 | Dec 20, 2024 | Dec 19, 2024 | Filed | π |
| GST Filing | Dec 2024 | Jan 20, 2025 | Jan 19, 2025 | Filed | π |
| TDS Q3 FY25 | Oct-Dec 2024 | Jan 31, 2025 | β | Upcoming | β |
| PF Contribution | Dec 2024 | Jan 15, 2025 | Jan 14, 2025 | Filed | π |
| ESI Contribution | Dec 2024 | Jan 15, 2025 | Jan 14, 2025 | Filed | π |
| Advance Tax Q3 | FY25 | Dec 15, 2024 | Dec 15, 2024 | Filed | β |
| ROC Annual Return | FY24 | Dec 31, 2024 | Dec 28, 2024 | Filed | β |
| Income Tax Audit | FY24 | Sep 30, 2024 | Sep 28, 2024 | Filed | β |
| DPIIT Compliance | FY24 | Sep 30, 2024 | Sep 30, 2024 | Filed | β |
Board of Directors
| Director | DIN | Type | Appointed | Verification |
|---|---|---|---|---|
| Arjun Mehta | 08123456 | Founder Director | Jan 2021 | β Verified |
| Priya Sharma | 08123457 | Founder Director | Jan 2021 | β Verified |
| Rahul Patel (Sequoia) | 07654321 | Nominee Director | Apr 2023 | β Verified |
| Kavita Rao | 07123456 | Independent Director | Jun 2023 | β Verified |
| Manish Gupta (Blume) | 07234567 | Nominee Director | Sep 2022 | π Doc-backed |
Your Investor Rights
As Angel investor β CCD (Mar 2021) β SHA v1
Information Rights (Quarterly MIS)
β Yes β
Information Rights (Annual Audited)
β Yes β
Board Observation Rights
β Yes (observer, no vote) π
Board Seat
β No (threshold: 5%+) π
Pro-rata Rights (follow-on)
β Yes (up to current %) π
Anti-dilution
Broad-based WA π
Drag-along
Subject to 75% majority π
Tag-along
β Yes β
Current SHA version: v3 (Series A, Apr 2023). Your rights grandfathered from v1.
Board Meeting History
| Date | Quorum | Agenda Summary | Minutes | Verification |
|---|---|---|---|---|
| Dec 12, 2024 | 5/5 | Q3 Financial Review, Series B planning | Uploaded | β Verified |
| Sep 15, 2024 | 4/5 | Q2 Review, Product roadmap, ESOP grant | Uploaded | β Verified |
| Jun 20, 2024 | 5/5 | Annual strategy review, Q1 financials | Uploaded | β Verified |
| Mar 18, 2024 | 5/5 | FY24 annual budget approval | Uploaded | π Doc-backed |
| Dec 14, 2023 | 4/5 | Q3 FY24 review, Hiring plan | Uploaded | π Doc-backed |
Product Roadmap
Phase 1: Core B2B Invoice Financing Module (MVP)
Completed
Jan 2021 β Mar 2021
100% complete
Phase 2: Treasury Management + API Integrations
In Progress
Apr 2021 β Present
60% complete
Phase 3: Mobile App + AI-powered Analytics
Planned
Q1 FY26
0% complete
Product Metricsβ Self-reported
DAU
2,847 Daily Active Users
MAU
8,420 Monthly Active Users
D30 Retention
78% Day-30 user retention
NPS Score
67 Net Promoter Score (Good)
Monthly Churn
1.8% Revenue churn rate
Avg Session Duration
24 min B2B platform avg
Feature Adoption
68% Core feature usage
Milestone Tracker
| Milestone | Target | Actual | Status | Note |
|---|---|---|---|---|
| MVP Launch | Mar 2021 | Apr 2021 | Completed | 1 month |
| First 10 Customers | Jun 2021 | May 2021 | Completed | Early |
| Pre-Series A Raise | Sep 2022 | Sep 2022 | Completed | On time |
| 100 Customers | Dec 2022 | Nov 2022 | Completed | Early |
| Series A Raise | Q2 FY23 | Apr 2023 | Completed | On time |
| βΉ5 Cr ARR | Sep 2024 | Dec 2024 | Completed | 3 months |
| Mobile App Launch | Dec 2024 | β | Delayed | Pushed to Feb 2025 |
| Series B Raise | Q3 FY26 | β | Planned | β |
Key Partnerships & MOUs
Zoho Corporation
MOU signed Jul 2024 β Integration partnership for SME accounting module
π Doc-backed
ICICI Bank
LOI signed Oct 2024 β Co-lending arrangement for invoice financing product
β Self-reported
SIDBI
Empanelled vendor for MSME credit assessment (Nov 2024)
β Verified
β
NDA Status: You signed NDA on Feb 1, 2024. Full document access granted for this portfolio company.
Access Active
Document Vault
Legal: 8 Β· Financial: 12 Β· Investment: 6 Β· Technical: 4
| Document Name | Folder | Date | Size | Access | Verification | Action |
|---|---|---|---|---|---|---|
| Certificate of Incorporation | Legal | Jan 15, 2021 | 1.2 MB | Open Access | β | View |
| Memorandum & Articles of Association | Legal | Jan 15, 2021 | 2.8 MB | Open Access | β | View |
| SHA β Series A (v3, current) | Legal | Apr 8, 2023 | 3.1 MB | Open Access | β | View |
| SHA β Pre-Series A (v2) | Legal | Sep 12, 2022 | 2.7 MB | Open Access | β | View |
| DPIIT Recognition Certificate | Legal | Mar 2021 | 0.8 MB | Open Access | β | View |
| IP Assignment Agreements | Legal | Jan 2021 | 4.2 MB | Open Access | π | View |
| Audited Financials FY24 | Financial | Sep 28, 2024 | 5.6 MB | Open Access | β | View |
| Audited Financials FY23 | Financial | Sep 30, 2023 | 4.9 MB | Open Access | β | View |
| MIS Report Q3 FY25 | Financial | Jan 8, 2025 | 1.8 MB | Open Access | π | View |
| MIS Report Q2 FY25 | Financial | Oct 5, 2024 | 1.7 MB | Open Access | π | View |
| Cap Table (as of Jan 2025) | Investment | Jan 10, 2025 | 0.4 MB | Open Access | β | View |
| Valuation Report β Series A | Investment | Mar 2023 | 2.1 MB | Open Access | β | View |
| Security Audit Report (Pentest) | Technical | Nov 2024 | 8.3 MB | π NDA Signed | π | View |
| Source Code IP Assignment | Technical | Jan 2021 | 1.1 MB | π NDA Signed | π | View |
| Employee Stock Option Plan (ESOP) | Legal | Jun 2023 | 2.2 MB | π NDA Signed | β | View |
| Bank Statements (last 6 months) | Financial | Jan 2025 | 3.4 MB | π NDA Signed | π | View |
Mar 2021
Angel Round
Closed
βΉ1.2 Cr
CCD
Pre-money: βΉ8 Cr Β· Post-money: βΉ9.2 Cr
| Investor | Type | Amount | Instrument | Notes |
|---|---|---|---|---|
| Vikram Anand You | Angel | βΉ40L | CCD | You β highlighted |
| Anil Kumar | Angel | βΉ35L | CCD | Mumbai-based angel |
| Sanjay Mehrotra | Angel | βΉ25L | CCD | Serial entrepreneur |
| Veena Capital | Micro VC | βΉ20L | CCD | Sub-10Cr seed fund |
Sep 2022
Pre-Series A
Closed
βΉ9.5 Cr
CCPS
Pre-money: βΉ38 Cr Β· Post-money: βΉ47.5 Cr
| Investor | Type | Amount | Instrument | Notes |
|---|---|---|---|---|
| Blume Ventures | VC Fund | βΉ9.5 Cr | CCPS | Led round |
| Vikram Anand You | Angel | Pro-rata | CCPS (top-up) | Used pro-rata rights |
Apr 2023
Series A
Closed
βΉ45 Cr
CCPS
Pre-money: βΉ120 Cr Β· Post-money: βΉ165 Cr
| Investor | Type | Amount | Instrument | Notes |
|---|---|---|---|---|
| Sequoia Capital India | VC Fund | βΉ45 Cr | CCPS | Led round at βΉ120 Cr pre-money |
| Blume Ventures | VC Fund | βΉ5 Cr (follow-on) | CCPS | Existing investor follow-on |
Q3 FY26
Series B (Planned)
Planned
βΉ80β100 Cr
CCPS
Pre-money: βΉ220 Cr Β· Post-money: βΉ300β320 Cr
Round details not yet finalized. Targeting Q3 FY26.
Active Alerts
β οΈ GST Filing Delayed β Oct 2024
Amber
GST filing for October 2024 was submitted 25 days after due date. Tax penalty risk: moderate. Status: Resolved (filed Dec 15, 2024).
Generated: Nov 25, 2024 Β· Resolved: Dec 15, 2024
β οΈ Product Milestone Delayed
Amber
Mobile App launch (Phase 2) originally targeted Dec 2024, now pushed to Feb 2025. Reason: iOS App Store review delays + feature scope expansion.
Generated: Jan 8, 2025 Β· Active
π
Board Meeting Scheduled
Info
Q3 FY25 Board Meeting scheduled for Jan 22, 2025. Agenda: Q3 financials, Series B mandate, Mobile app go-live update. You have observer rights.
Generated: Jan 10, 2025 Β· Upcoming
Alert History β Last 30 Days
| Date | Alert | Severity | Status |
|---|---|---|---|
| Jan 10, 2025 | Board meeting scheduled (Jan 22) | Info | Open |
| Jan 08, 2025 | Mobile app milestone delayed | Warning | Monitoring |
| Jan 05, 2025 | GST Dec 2024 filing confirmed | Info | Resolved |
| Dec 20, 2024 | PF Dec 2024 β due in 5 days | Reminder | Resolved |
| Nov 25, 2024 | GST Oct 2024 overdue β 5 days | Urgent | Resolved |
π Chain Integrity: β Verified β All entries are cryptographically hashed using SHA-256. Tamper detection: No anomalies found. Last verified: Jan 15, 2025 00:00 UTC.
Audit LogLast 20 entries
| Timestamp | Actor | Action | Entity | Details | Hash |
|---|---|---|---|---|---|
| Jan 14, 2025 10:32 | Arjun Mehta (Founder) | Document Uploaded | MIS Report Q3 FY25 | File hash: a3f9d2... | β |
| Jan 12, 2025 14:15 | Platform (Auto) | Compliance Score Updated | Compliance Score | Score: 81 β 82 (TDS filed) | β |
| Jan 10, 2025 09:00 | Vikram Anand (Investor) | Document Accessed | Audited Financials FY24 | IP: 103.x.x.x | β |
| Jan 08, 2025 16:44 | Arjun Mehta (Founder) | Milestone Updated | Mobile App Launch | Status: On-track β Delayed | β |
| Jan 05, 2025 11:30 | CA Firm (Verifier) | Document Verified | GST Filing Nov 2024 | Verified by CA Rajan & Co. | β |
| Dec 28, 2024 15:20 | Arjun Mehta (Founder) | Compliance Filed | ROC Annual Return FY24 | SRN: A12345678 | β |
| Dec 15, 2024 09:50 | Arjun Mehta (Founder) | Compliance Filed | GST Filing Oct 2024 | Filed 25 days late | β |
| Dec 12, 2024 18:05 | Company Secretary | Document Uploaded | Board Meeting Minutes Dec 2024 | Signed by all 5 directors | β |
| Nov 30, 2024 14:00 | Rahul Patel (Sequoia) | Board Resolution Signed | ESOP Grant Resolution | 50,000 options granted | β |
| Nov 15, 2024 10:15 | Platform (Auto) | Alert Generated | GST Filing Oct 2024 | Overdue by 5 days β alert sent | β |
| Oct 20, 2024 12:00 | Priya Sharma (Founder) | Milestone Updated | βΉ5 Cr ARR Target | Progress: 88% (βΉ4.4 Cr ARR) | β |
| Oct 05, 2024 16:30 | Arjun Mehta (Founder) | Document Uploaded | MIS Report Q2 FY25 | Reviewed by CFO | β |
| Sep 28, 2024 11:00 | CA Firm (Verifier) | Document Verified | Audited Financials FY24 | Verified by Deloitte India | β |
| Sep 15, 2024 14:30 | Company Secretary | Document Uploaded | Board Meeting Minutes Sep 2024 | Quorum: 4/5 | β |
| Aug 20, 2024 09:45 | Arjun Mehta (Founder) | Cap Table Updated | Cap Table | ESOP vesting updated (Q2) | β |
| Jul 15, 2024 15:10 | Kavita Rao (Ind. Dir.) | Document Signed | Board Resolution β Audit Appointment | CA firm renewed for FY25 | β |
| Jun 20, 2024 11:00 | Company Secretary | Document Uploaded | Board Meeting Minutes Jun 2024 | Annual strategy, quorum 5/5 | β |
| May 10, 2024 09:00 | Platform (Auto) | Compliance Score Updated | Compliance Score | Score: 79 β 81 (filings up to date) | β |
| Apr 08, 2023 17:00 | Admin (TV) | Round Verified | Series A Round | βΉ45 Cr at βΉ165 Cr post-money verified | β |
| Mar 15, 2021 10:00 | Admin (TV) | Company Onboarded | FinPilot Technologies | CIN, PAN, GSTIN verified at onboarding | β |