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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
ConfirmedWho 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 name | Founderlink Technologies Private Limited |
| CIN | U62099HR2023PTC110117 |
| PAN | AAFCF3979B |
| Incorporated | 22 March 2023 (~3 years 4 months old) |
| ROC | RoC-Delhi (jurisdiction covering Haryana) |
| Class | Private company limited by shares, non-govt, unlisted |
| Status | Active (as of June 2026) - no strike-off or dormant flag |
| NIC / sector | 62099 - Other information technology and computer service activities n.e.c. |
| Registered office | 468-469, 3rd Floor, Phase-III, Udyog Vihar, Gurgaon, Haryana 122018 |
| Last AGM | 30 September 2025 |
| Latest balance sheet | 31 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
ConfirmedWhat 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-CEOs | Eklavya Gupta and Abhinav Sherwal |
| Sector | Fintech - debt financing / lending tech |
| HQ | Gurugram, Haryana |
| Website | recurclub.com |
| Team size | ~81 (Aug 2025) to ~99 (Apr 2026) - LinkedIn/Tracxn estimates |
Directors & Key Management
Partial / conflictingThe people legally responsible for running the company. Click a name for the full director profile, including all their directorships across group companies.
| Name | DIN | Designation | Appointed |
|---|---|---|---|
| Abhinav Sherwal | 09195854 | Managing Director | 22 Mar 2023; likely re-designated MD on 27 Sep 2024 (sources conflict) |
| Eklavya Gupta | 09614389 | Director | 22 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
ConfirmedThe company's tax registration for selling services in India. Click the GSTIN for the full registration record.
| GSTIN | 06AAFCF3979B1ZO |
| State | Haryana (06) |
| Trade name | Recur Club |
| Registered | 18 April 2023 |
| Status | Active - Regular taxpayer |
| Principal place of business | 468 Square, Udyog Vihar, Phase 3, Gurugram, Haryana 122008 |
| Nature of business | Service 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 / conflictingHow 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 / conflictingMoney 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.
| Date | Headline | Structure | Key investors | Entity |
|---|---|---|---|---|
| Apr 2022 | $30M seed | Mostly a debt line + small equity | InfoEdge Ventures, Village Global (lead); Aditya Birla Finance, U GRO Capital, InCred | Recur Club Technologies (Delhi) - predates Founderlink |
| 2025 | $50M Series A | $8M equity + $42M debt | Equity: InfoEdge Ventures, LC Nueva, Physis Capital, String Ventures, IA Finvolve, Enrission India Capital. Debt: InCred, U GRO Capital, Lighthouse Canton | Founderlink 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.
Loans, Charges & Secured Borrowings
Partial / conflictingBank 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.
| Lender | Amount | Created | Status |
|---|---|---|---|
| HSBC (The Hongkong and Shanghai Banking Corporation Ltd) | ₹6 Cr | 21 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
ConfirmedOther 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.
| Entity | CIN / detail | Relationship |
|---|---|---|
| Founderlink Asset Management Services Pvt Ltd | Haryana, 2023, ₹1 lakh paid-up | Subsidiary - likely holds the NBFC / lending-vehicle function |
| Recur Club Technologies Pvt Ltd | U72900DL2021PTC381973 | Related - 2 common directors; original Recur Club entity (Delhi); GSTIN 07AALCR0455N1ZY |
Credit Ratings & Legal Cases
ConfirmedTwo 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.