# StashFin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stashfin

- Industry: Financial Services
- Headquarters: New Delhi, India
- Website: www.stashfin.com
- Total disclosed funding: $87M
- Latest round: Series C (Jun 24, 2022)
- Investors on record: 15

## About

Based in India, EQX Analytics Pvt Ltd operates under the brand Stashfin, providing innovative financial solutions focused on personal loans and credit enhancement services.Founded in 2016, EQX Analytics Pvt Ltd is headquartered in New Delhi, India. The company specializes in offering personal loans and financial products, adapting its business strategy to meet evolving market demands. Co-founded by Tushar Aggarwal and Parikshit Chitalkar, Stashfin has successfully closed 10 deals, with its latest funding round in March 2023 bringing in USD 100.00 mn in VENTURE DEBT from investors such as InnoVen Capital and Trifecta Capital. The company has raised a total of USD 54.86 mn to date.Stashfin offers a comprehensive suite of financial services primarily focused on personal loans, credit building, corporate bonds, and insurance products. The core offering includes instant personal loans of up to ?5,00,000, facilitated through a fully digital application process. Stashfin also provides a Credit Builder service to enhance users' credit scores, investment opportunities in low-risk corporate bonds, and various insurance products that protect clients against UPI fraud and offer income protection. The company serves over 10 million users across India through its accessible and user-friendly app.In 2023, Stashfin generated revenue amounting to USD 19,274,627.90, with an EBITDA of USD 1,307,128.90. The company primarily earns revenue from the interest on personal loans and fees for its financial services, leveraging a direct-to-consumer model that enhances customer satisfaction via flexible repayment options and innovative financial products.In March 2023, StashFin raised USD 100.00 mn in VENTURE DEBT funding to enhance customer experience, optimize its portfolio for future securitization, and expand financial inclusion. The company plans to launch new financial products in the coming year and is targeting expansion into additional regions across India. This funding will support these initiatives, aiming to increase accessibility and improve user engagement with Stashfin's services.

## Funding rounds

- Series C, Jun 24, 2022, $55M — Positive Moves, Tencent Investment, Altara Ventures, Snow Leopard Ventures, Abstract Ventures, Uncorrelated Ventures, Fasanara Capital, Kravis Investment Partners
- Series B, May 6, 2020, $27M — Alto Partners, Positive Moves, Altara Ventures, Snow Leopard Ventures, Integrated Capital, Saison Capital, Uncorrelated Ventures, Tencent Cloud Europe B.V., Anchor Advisors Inc., Kravis Investment Partners, Blowfish Ventures Limited, DIVINE BLESSING INVESTMENTS LTD
- Seed, Jun 27, 2017, $5M — Alto Partners, Snow Leopard Ventures

## Investors

- Alto Partners (https://capitalatlas.ai/funds/alto-partners) — Seed, Series B
- Snow Leopard Ventures (https://capitalatlas.ai/funds/snow-leopard-ventures) — Seed, Series B, Series C
- Positive Moves — Series B, Series C
- Altara Ventures (https://capitalatlas.ai/funds/altara-ventures) — Series B, Series C
- Integrated Capital — Series B
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Series B
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series B, Series C
- Tencent Cloud Europe B.V. — Series B
- Anchor Advisors Inc. — Series B
- Kravis Investment Partners — Series B, Series C
- Blowfish Ventures Limited — Series B
- DIVINE BLESSING INVESTMENTS LTD — Series B
- Tencent Investment — Series C
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series C
- Fasanara Capital — Series C