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Company Intelligence Profile

Founderlink Technologies Private Limited

The legal entity behind the Recur Club and AICA brands. Compiled 26 July 2026 from public corporate-registry, GST and press sources with multi-source cross-verification.

CIN: U62099HR2023PTC110117ActiveFintech - Lending TechGurugram, Haryana
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed

Who the company is on paper - its registered name, government identifiers (CIN and PAN), when it was incorporated, where it is registered and its share capital.

Registered nameFounderlink Technologies Private Limited
CINU62099HR2023PTC110117
PANAAFCF3979B
Incorporated22 March 2023 (~3 years 4 months old)
ROCRoC-Delhi (jurisdiction covering Haryana)
ClassPrivate company limited by shares, non-govt, unlisted
StatusActive (as of June 2026) - no strike-off or dormant flag
NIC / sector62099 - Other information technology and computer service activities n.e.c.
Registered office468-469, 3rd Floor, Phase-III, Udyog Vihar, Gurgaon, Haryana 122018
Last AGM30 September 2025
Latest balance sheet31 March 2025
Authorised capital₹12.35 Cr
Paid-up capital₹14.04 lakh

Note: Tracxn lists a divergent Phase-V, 122016 address - that variant was refuted against MCA-derived sources. The GST registration lists a third operational variant (Phase 3, 122008). Phase-III, 122018 is the registered office.

Business Overview

Confirmed

What the company actually does. Founderlink Technologies operates two brands - Recur Club (debt financing marketplace) and AICA (AI credit platform).

Recur Club

Non-dilutive debt-financing marketplace and AI-native debt platform for startups and growing businesses. Revenue-based financing, venture debt and structured debt with a dedicated capital expert model. Brand founded 2021, Series A stage.

AICA

AI credit and lending platform - positioned as an AI Credit Analyst tool and as a platform for banks and financial institutions. Founded 2024.

Founders / co-CEOsEklavya Gupta and Abhinav Sherwal
SectorFintech - debt financing / lending tech
HQGurugram, Haryana
Websiterecurclub.com
Team size~81 (Aug 2025) to ~99 (Apr 2026) - LinkedIn/Tracxn estimates

Directors & Key Management

Partial / conflicting

The people legally responsible for running the company. Click a name for the full director profile, including all their directorships across group companies.

NameDINDesignationAppointed
Abhinav Sherwal09195854Managing Director22 Mar 2023; likely re-designated MD on 27 Sep 2024 (sources conflict)
Eklavya Gupta09614389Director22 Mar 2023 or 22 May 2023 (sources conflict)

Roster and DINs confirmed across five aggregators. Three former directors are referenced in paywalled records.

GST Registration

Confirmed

The company's tax registration for selling services in India. Click the GSTIN for the full registration record.

GSTIN06AAFCF3979B1ZO
StateHaryana (06)
Trade nameRecur Club
Registered18 April 2023
StatusActive - Regular taxpayer
Principal place of business468 Square, Udyog Vihar, Phase 3, Gurugram, Haryana 122008
Nature of businessService provision; supplier of services

A claimed second GSTIN in Maharashtra was refuted. A single Haryana registration is plausible and likely complete for a services fintech.

Financials (FY25, ended 31 Mar 2025)

Partial / conflicting

How the company performed financially in its most recent reported year. Exact audited figures are behind paywalls, so ranges and estimates are shown where that is all that is public.

₹10-50 Cr

Revenue band (~₹17.6 Cr est.)

~402%

Revenue growth YoY

₹14.04 L

Paid-up capital

Revenue is an aggregator range estimate, not audited-statement derived. EBITDA, PAT, net worth, total assets and borrowings sit behind paywalls. FY24 showed a ₹1-10 Cr band, consistent with the 402% jump into the ₹10-50 Cr band in FY25.

Funding History

Partial / conflicting

Money raised from investors. Important nuance: the big headline numbers mix equity (investment for shares) with debt lines (borrowed money for on-lending), and the two rounds belong to two different legal entities.

DateHeadlineStructureKey investorsEntity
Apr 2022$30M seedMostly a debt line + small equityInfoEdge Ventures, Village Global (lead); Aditya Birla Finance, U GRO Capital, InCredRecur Club Technologies (Delhi) - predates Founderlink
2025$50M Series A$8M equity + $42M debtEquity: InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures, IA Finvolve, Enrission India Capital. Debt: InCred, U GRO Capital, Lighthouse CantonFounderlink Technologies (current entity)

Tracxn aggregate: $15.3M across 8 rounds, 27 investors - the truer company-equity figure. The $30M and $50M headlines bundle on-lending debt capital with equity.

Shareholding Pattern (approximate)

Partial / conflicting

Who owns the company, approximately. The founders still hold close to half - a healthy sign at Series A stage.

Holder groupApprox. stakeSource
Founders (Sherwal + Gupta)~47.65%Tracxn only
Funds / investors~31.12%Tracxn only
Remainder (ESOP / others)~balanceInferred

Low confidence - single aggregator estimate. Authoritative source is the MGT-7 annual return.

Loans, Charges & Secured Borrowings

Partial / conflicting

Bank borrowings where the company has pledged assets as security. A 'charge' is the public record a lender files when it secures a loan against company assets.

LenderAmountCreatedStatus
HSBC (The Hongkong and Shanghai Banking Corporation Ltd)₹6 Cr21 Dec 2023 or 2 Aug 2024 (sources conflict; possibly original + modification)Open (per Tofler)

No other charges surfaced. A single working-capital / venture-debt banking line is plausible for a young fintech.

Related Parties & Group Entities

Confirmed

Other companies connected to Founderlink Technologies - a subsidiary it owns and the older Delhi entity the Recur Club brand originally ran under. Click an entity for its full page.

EntityCIN / detailRelationship
Founderlink Asset Management Services Pvt LtdHaryana, 2023, ₹1 lakh paid-upSubsidiary - likely holds the NBFC / lending-vehicle function
Recur Club Technologies Pvt LtdU72900DL2021PTC381973Related - 2 common directors; original Recur Club entity (Delhi); GSTIN 07AALCR0455N1ZY

Credit Ratings & Legal Cases

Confirmed

Two clean checks: no credit-rating agency has rated the company (normal at this stage), and no litigation or regulatory action was found.

Credit ratings

No CRISIL, ICRA, CARE or India Ratings rating found. For a Series A stage startup with a single ₹6 Cr bank line, this is almost certainly a genuine nil.

Legal cases

No court cases, tribunal matters, consumer disputes, IP disputes or regulatory actions found. None found; likely none.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.