FundedIQ
Financial Services

Finnovate: Funding, Investors & Team (Sep 2026)

Finnovate help families prudently manage personal finance i.e. investments, insurances, budgeting, loans, tax, and succession.

www.finnovate.in LinkedIn Mumbai, India 11-50 employees
Financial Services Personal Finance Wealth Management B2C
Total raised
$2.0M
Rounds
1
Latest
Seed
Jun 2026

Finnovate has raised $2.0M across 1 funding round on record, the most recent a Seed of $2.0M announced in Jun 2026.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Finnovate Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$2.0M in Jun 2026
Employees
11-50
reported band
Headquarters
Mumbai, India

Latest funding round on record: Jun 2026.

Finnovate Funding Rounds

Date
Round
Amount
Seed
$2.0M

Finnovate Founders and Leadership Team

Name
Role
Contact
Nehal Mota
Founder
Locked

Contact details for the Finnovate team: 1 of 1 has an email address on file.

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Finnovate Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,220
$3.0M
16,485
$3.1M

Finnovate's latest round of $2.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Finnovate in Financial Services and Mumbai

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Finnovate Funding FAQs

What does Finnovate do?

Finnovate help families prudently manage personal finance i.e. investments, insurances, budgeting, loans, tax, and succession.

How much funding has Finnovate raised?

Finnovate has raised $2.0M across 1 round on record. The most recent is a Seed of $2.0M announced in Jun 2026.

When did Finnovate last raise funding?

Finnovate's most recent funding round on record is a Seed of $2.0M, announced in Jun 2026.

Who founded Finnovate?

FundedIQ lists Nehal Mota (Founder) at Finnovate.

Where is Finnovate headquartered?

Finnovate is based in Mumbai, Maharashtra, India.

How many employees does Finnovate have?

Finnovate is in the 11-50 employee band.

How does Finnovate's funding compare to other Financial Services startups?

Finnovate's latest round of $2.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Finnovate Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Finnovate is left off this page rather than filled in.

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