Draft:Veefin Group

Indian financial technology conglomerate From Wikipedia, the free encyclopedia

Veefin Group is an Indian financial technology conglomerate which was founded in 2018 and is headquartered in Mumbai, India.[5] The group provides technology products to banks, NBFC, financial and corporate companies.[6]

  • Comment: Despite the valiant WP:REFBOMBING, no evidence of notability whatsoever; the sources are just routine business reporting, which does not contribute towards WP:NCORP. DoubleGrazing (talk) 09:26, 29 August 2025 (UTC)

Company typePrivate
IndustryConglomerate
Founded2018
HeadquartersMumbai, India
Quick facts Company type, Industry ...
Veefin Group
Company typePrivate
IndustryConglomerate
Founded2018
HeadquartersMumbai, India
Area served
Worldwide
Key people
Number of employees
1100 (2024)[4]
Websiteveefin.com
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History

It was founded by Raja Debnath and Gautam Udani in 2018.[5]

In Dec 2024, the group raised 136 crore (US$16 million) from capital market investors for their growth, products scaling, and expansion.[7]

Acquisitions and investments

In 2024, the company announced the acquisition of a Goods and Services Tax (GST) compliance and accounts automation company Regime Tax in June 2024.[8] The group acquired Nityo Tech Pvt Ltd, the Indian division of Singapore-based Nityo Infotech with an undisclosed amount in Aug 2024.[9] The group acquired digital lending company EpikIndifi in a cash and equity swap deal with a value of 125 crore (US$15 million) in Sep 2024.[10] The group acquired its first international deal with Singapore-based GenAI company Walnut in an all-cash deal with purchasing a 50 per cent stake in Nov 2024.[11] Walnut company converts complex and huge amounts of unstructured data into razor-sharp insights by delivering it with speed and accuracy.[12]

In 2025, the group subsidiary Estorifi Solutions, has acquired Dubai-based TradeAssets company that provides a digital trading platform for trade finance assets in Feb 2025.[13] The group invested in a company White Rivers Media with an undisclosed amount. This will help company to expand its creative and media services in Feb 2025.[14]

Veefin Group companies

  • Veefin - provides digital lending and Supply Chain Finance (SCF) products.[6]
  • Regime Tax – a GST compliance and accounts automation.
  • Nityo Infotech (India)[15]
  • EpikIndifi Software – a cloud-based loan origination platform for banks and financial institutions.[16]
  • Walnut (GenAI) – a data solutions tailored for banks and financial institution.[17]
  • Estorifi
  • White River Media

References

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