# Thumbworks Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thumbworks-technologies-pvt

- Industry: Financial Services
- Headquarters: Pune, India
- Website: www.getwalnut.com
- Total disclosed funding: $7.9M
- Latest round: Series A (May 29, 2015)
- Investors on record: 2

## About

Thumbworks Technologies Pvt. Ltd. is a financial technology company that provides innovative digital solutions to streamline financial transactions, enhancing user experiences for both businesses and individuals in managing their finances effectively.Founded in 2014, Thumbworks Technologies Pvt. Ltd. operates primarily in Pune, India. The company specializes in offering financial technology services. The most recent funding round occurred in February 2022, when the company raised INR 2.68 billion from CapFloat Financial Services Private Limited. The total amount raised by the company stands at INR 2.68 billion, and its current valuation is INR 3.15 billion.GetWalnut specializes in providing innovative digital solutions designed to streamline financial transactions and enhance user experiences in the financial technology sector. Their core offerings include a comprehensive suite of tools aimed at simplifying payment processes, facilitating instant transfers, and improving financial management for both individuals and businesses. The platform caters to a diverse client base, including small to medium-sized enterprises and individual consumers looking for efficient ways to manage their finances. GetWalnut's products have been strategically developed to address common pain points in financial transactions, such as security, speed, and accessibility. Notably, their services are available in various geographical markets, including North America, Europe, and select regions in Asia, reflecting a commitment to reaching a wide array of users across different financial ecosystems.GetWalnut generates revenue through a subscription-based model, offering tiered pricing plans that cater to different customer needs and usage levels. Clients can choose from various packages that provide access to distinct features and services, thus facilitating transactions and financial management. In 2023, GetWalnut's revenue reached INR 6,546,920.50, with an EBITDA of INR -2,613,709.50.Looking ahead, Thumbworks Technologies Pvt. Ltd. plans to enhance its product offerings by developing new features aimed at improving user experience and financial management capabilities. The company is also targeting expansion into additional markets, particularly in Europe and Southeast Asia, by 2024. The recent funding of INR 2.68 billion will be aimed at supporting these initiatives, facilitating product development, and entering new geographic regions.

## Funding rounds

- Series A, May 29, 2015, $7.9M — SAIF Partners, Peak XV Partners

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A