Finbud Financial Services Ltd. Company History and Annual Growth Details

The Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of “Finbud Financial Services Private Limited” bearing Corporate Identification Number U67190KA2012PTC064767 July 09, 2012 issued by the Registrar of Companies, Karnataka. Subsequently, the name of the Company was changed to “Finbud Financial Services Limited” and a fresh Certificate of Incorporation dated September 23, 2024 was issued by the Registrar of Companies, Karnataka. As on date of this Red Herring Prospectus, the Corporate Identification Number of the Company is U67190KA2012PLC064767.

KEY EVENTS AND MILESTONES:
2012
- Incorporation of Company

2015
- Company goes multi geography with the setting up office in Delhi

2016
- Equity Investment by The Chennai Angels (TCA) consortium into the Company

2018
- Company sets up 100% subsidiary - LTCV Credit Private Limited

2020
- Company crosses 50 crores of topline

2021
- Company successfully navigates the impact of COVID on operations. However turnover drops below 50cr

2022
- Significant investment into digital teams by setting up new teams

2023
- Company crosses 100 crores of topline

2024
- Company crosses 150 crores of topline

2025
- Company crosses 200 crores of topline
- LTCV became Material Subsidiary

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