Company Intelligence Profile
E-Revbay Private Limited
E-Rev Bay Private Limited is the India holding company of the FINQY group, a fintech financial-products distribution and AI-personal-finance platform.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | E-Revbay Private Limited |
|---|---|
| CIN | U74999MH2019PTC329097 |
| PAN | AAFCE5948P |
| Status | Active (compliant) |
| Listing | Unlisted (private limited company) |
| Incorporated | 08 August 2019 |
| ROC | RoC Mumbai, Maharashtra |
| Sector (NIC) |
|
| Registered address | 2nd Floor, I Square, S V Road, Siddharth Nagar, near Ram Mandir Signal, Goregaon (West), Mumbai, Maharashtra – 400104 |
| Authorized capital | ₹4.50 lakh |
| Paid-up capital | ₹1.39–1.48 lakh |
Business Overview
Confirmed- E-Rev Bay Private Limited is the India holding company of the FINQY group, a fintech financial-products distribution and AI-personal-finance platform
- FINQY runs a B2B2C model: a "Distribution Platform" connecting DSA/advisor partners to banks/NBFCs/insurers for credit cards, loans (personal, auto/"Car Par Loan"), and insurance, plus "Q" — an AI-powered personal finance manager app (debt restructuring, credit-card optimisation, credit-history analysis) launched 2024-25
- Founded 2019 by Manish Aggarwal (CEO); holds an insurance broking license (2023); expanded to UAE in 2025 (Test My Card UAE)
- Per FINQY's own site: ~200+ employees, presence in India and UAE, 1,000+ registered partners, tie-ups with 10+ banks/5+ NBFCs/5+ insurers
- Source: finqy.ai (About Us, Home)
Directors
Partial / conflictingConfirmed via Tofler + TheCompanyCheck (2 sources agree on core two; DINs from Falconebiz/Tofler):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Manish Aggarwal | 05127006 | Whole-time Director & Founder & CEO | 08 Aug 2019 |
| Anjali Arvind Pandey | 08532990 | Whole-time Director | 08 Aug 2019 |
| Ravina Ramesh Jain | - | Additional Director | 15 Oct 2025 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAFCE5948P1ZV | Maharashtra | AAFCE5948P | Active |
| 07AAFCE5948P1ZX | Delhi | AAFCE5948P | - |
| 09AAFCE5948P1ZT | Uttar Pradesh | AAFCE5948P | - |
| 19AAFCE5948P1ZS | West Bengal | AAFCE5948P | - |
Primary/home-state GSTIN: 27AAFCE5948P1ZV (Maharashtra) — registered 26 Aug 2019, status Regular/Active, constitution Private Limited Company, nature "Supplier of Services." PAN: AAFCE5948P. Multi-state registrant — additional GSTINs found (Google/KnowYourGST/FnShift aggregation, partial-confidence — not independently opened on knowyourgst due to site errors during this session): - 07AAFCE5948P1ZX — Delhi - 09AAFCE5948P1ZT — Uttar Pradesh (Noida) - 19AAFCE5948P1ZS — West Bengal So at least 4 state GST registrations. (Could not confirm the full registration count beyond these 4 — treat as a lower bound.)
Financials
Partial / conflictingStandalone, per Tofler (audited, FY ended 31 Mar 2023) and TheCompanyCheck (FY ended 31 Mar 2025):
| FY2023 (Mar-23) | Operating revenue band ₹25–50 cr, revenue growth +143.8% YoY; operating margin −26.16%, net margin −27.4% (i.e., loss-making); borrowings +111.48% YoY; total assets +97.5% YoY; debt-to-equity 3.93. EBITDA/PAT absolute figures locked behind paywall — not obtained |
|---|---|
| FY2025 | Revenue ₹85.81 cr, +57% YoY (implies FY24 revenue ≈₹55 cr, consistent trend). EBITDA, PAT, net worth: not disclosed in free tier |
| Auditor (FY24) | Pansari Garg & Associates. Last AGM: 30 Sep 2025. Balance sheet date: 31 Mar 2025 |
| EPFO headcount | 121 (as of 07 Apr 2024) — per company-fetch routine's known EPFO-vs-company-estimate gap, treat as entity-level filing headcount, not the FINQY group's public "200+ employees" claim (different methodology/scope) |
Open/secured charges: none reported despite rising borrowings — likely unsecured debt; per source-map convention "no open charges" ≠ none ever.
Funding
Confirmed- Confirmed (≥4 independent sources: Entrackr, FinTech Global, Siliconindia, IBS Intelligence, Equitypandit, LinkedIn/Indian Startup News; Signalbase explicitly ties this to "FINQY (E-Revbay Private Limited)"): raised USD 2 million in August 2024 from Angel Bay India Accelerator, family offices, and private/angel investors — reported use: expanding customer base and product development, stated ambition to reach unicorn status in 3–5 years
- Per Inc42/Tracxn aggregation: total funding tracked as USD 2.00 million across 1 round as of Aug 2024
Charges/Loans
Partial / conflicting- No open/secured charges reported on Tofler or TheCompanyCheck ("Secured Borrowings: None," "Open Charges: None") as of last update (mid-2026)
- Note: standalone financials show borrowings growing sharply (+111% YoY in FY23), implying likely unsecured/related-party debt rather than charge-secured loans — not independently confirmed
Competitors
Partial / conflictingNamed peers in the fintech financial-products distribution / AI personal-finance-manager space (India), rough scale tags based on general market knowledge — not sourced from the same registry documents:
- PaisaBazaar (BankBazaar group) — large, well-funded loan/card marketplace, bigger scale
- BankBazaar — large, established online lending marketplace
- Fintso — comparable-stage wealth/investment distribution platform for advisors
- Square Yards Fintech / Square Capital — comparable-to-larger scale loan distribution
- Andromeda Sales & Distribution — large, legacy loan DSA aggregator, bigger scale
- MoneyView / Navi — larger, well-funded consumer lending + personal-finance apps
These are general-knowledge competitor names for context, not independently verified as direct competitors by a cited source in this session.
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