Founded by Tushar Aggarwal in 2016, Stashfin is a leading fintech platform focused on providing flexible and accessible credit solutions to underserved consumers in India. The company offers personal loans, credit line products, and a digital credit card alternative, helping millions manage cash flow and build credit history. Stashfin leverages advanced technology and data analytics to underwrite and disburse loans efficiently, aiming to simplify the borrowing experience and promote financial inclusion. Supported by strong investor backing and continuous innovation, Stashfin is rapidly scaling its reach across India’s large and growing retail credit market.
| Founded | 2016 |
|---|---|
| Headquarters | New Delhi, India |
| Valuation | ~$700 million (2022 est.) |
| Annual Revenue (FY24 est.) | ₹460 Cr |
| Net Loss (FY24 est.) | ₹240 Cr |
| Employees | ~600 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2017 | $5 million | Snow Leopard Ventures |
| Series B | 2019 | $30 million | RTP Global, others |
| Series C | 2021 | $40 million | Altara Ventures, Kravis Investment Partners |
| Series D | 2022 | $270 million | Uncorrelated Ventures, Fasanara Capital, others |
Stashfin’s revenue has grown from ₹250 Cr in FY22 to an estimated ₹460 Cr in FY24, fueled by increased lending volumes and product diversification.
EBITDA margins have gradually improved from -40% in FY22 to -35% in FY24 as the company strengthens operational efficiencies and scales distribution.
Stashfin’s team expanded from 450 in FY22 to 600 in FY24, supporting technological innovation, credit risk management, and customer service expansion.
Stashfin plans to deepen its credit product suite, expand regionally, and strengthen its tech and analytics stack. IPO plans are on the horizon as profitability improves.
Stashfin recently announced partnerships to expand its co-branded credit card offerings and new investor participation to strengthen its balance sheet.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹460 Cr (+31% YoY) – Driven by higher credit disbursements and new product launches. |
| Net Loss FY24 | ₹240 Cr – Due to marketing and customer acquisition spend. |
| EBITDA Margin | -35% – Gradually improving with scale. |
| Valuation | $700 million – Backed by strong investor confidence and market potential. |
| Employee Count | 600 – Scaled to support growing credit and tech operations. |
Stashfin’s rapid revenue growth and innovative credit products position it well in India’s burgeoning fintech market. Continued investor backing and operational improvements point to a strong future trajectory. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Stashfin press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.