Finsire[A new Startup Aiming to map US$ 15 Trillion worth of Assets in Catalyzing India’s Superpower Ambitions]

Finsire
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B2B, B2C, Deep tech, Digital services, finance, FinTech, Internet, SaaS, services, Software, Startups, startups in india Oct 12, 2023 0

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Finsire is a Fintech startup

What is Finsire?

Finsire is a Digital Infrastructure for Assets that provides Custom APIs, This fintech startup maps Information Assets and Financial assets such as Equity, Bonds, Mutual Funds, Stocks, etc.., founded in 2021 by Shreyans Nahar. 

The main mission is to “Map 15 trillion worth of Assets in catalyzing India’s Superpower Ambitions”

Startup Finsire
Website  Finsire.com
Founded 2021
Headquarters Chennai, India
Revenue Model b2b,b2c
Product Digital Asset Infrastructure

How did it start?

This fintech startup, started when the founder worked in the United States of America. The founder was eager to do something about the entrepreneurial networks and how to start a business.

After Shreyans came back to India, he got motivated to start this technology-based start-up.  He had a lot of support from his friends in achieving his dreams of starting a business that would provide on-demand salaries to employees in India.

Here is a Quick Overview

Finsire Flyer

Finsire Exclusive features

  • No Loans
  • Lending Infratech
  • 0% Interest
  • Sign-up In Minutes
  • Fully Encrypted
  • Instant Withdrawal
  • Earned Salary Products
  • In-house APIs

Market Penetration

“It is just the mindset at the end of the day, it depends on how you perceive things if they are tough or not,” says Shreyans.

For this Chennai-based startup, the main motive was to solve the problems in the lives of people regarding their salaries.

In order to solve the problem, the journey was not easy and simple. There were a lot of difficulties initially especially since the market is related to finance and the market looks onto it and rewards itself.

Growth rate

As this solo-founded startup just started, it was founded in the year 2021 so there is no prominent growth rate that can be discussed.

”I can be excited to talk about our there is no lot of change in the start-up’  says Shreyans. However, this fintech company has a lot of users using their products. There are a lot of consumers who are planning to go ahead with this Chennai-based start-up.

How was the team built?

This fintech startup started off by building its team with a bunch of networks of the founder. In the early stage, networking really helped in the building of the team. It mostly included the friends of the founders.

Industries & Sectors

This solo-founded startup focuses on clients of various sectors such as food tech, Matrimonial, Health, Logistics, Ed-Tech, Interior services, Fintech, Quick Delivery, E-Commerce, and many more.

Revenue Model

Essentially, in the present the consumers are charged who partners with Finsire. This financial technology-based start-up also offers a lot of products to the employees, the sales of these products are also one medium of revenue for the start-up.

Initial Capital

This Chennai-based startup has initially gone through bootstrapping. Initially, the founders invested their own money into the company.

finsire screenshort

Expansion plans

The main intention is to spread the business pan India, there have been a lot of partnerships with companies in Pune, Bangalore, Mumbai, and other big cities like that.

Finsire Funding

Finsire has raised a total of US$ 1.3M in its seed round from the likes of Spark Capital, Portal, Adept Ventures, DevX, iSeed, and from marquee investors like  Lalit keshre, CEO of Groww, Harshil Mathur, CEO of Razorpay, Abhinav Sinha, COO of Oyo, Mohan Karuppiah, CEO of Ippopay, Pratekk Agarwaal of GrowthCap Ventures.

Finsire Founders

Shreyans Nahar is the founder and CEO of Finsire, has a background in engineering, his family is involved in entrepreneurship, and he has a business background however, Shreyans pursued engineering because he was interested in it.

While he was studying in the United States he realized that he wanted to do something in the field of entrepreneurship or wanted to start a business of his own.

The founder of the Chennai-based startup then again moved to the United States of America and worked in Wall Street.

Mridul Manhas is the COO and Co-founder of Finsire, Mr.Manhas has completed his civil engineering from Vellore Institute of Technology and a master’s in science from the University of Westminster.

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What does Finsire do?

Finsire helps customers to manage their salaries and solve the problems that the employees are facing.

 

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