Finarkein Analytics Secures $4.75M in Pre-Series A Round

Pune-based Finarkein Analytics has raised $4.75 million in a pre-Series A funding round spearheaded by Nexus Venture Partners. The round also saw participation from existing investors IIFL’s Fintech Fund and Eximius Ventures, alongside angel investors like Uni’s Nitin Gupta and Ashika Group’s Chirag Jain.

• Company Overview: Founded in 2019 by Nikhil Kurhe and Dheeraj Kumar, Finarkein provides a data and workflow platform that integrates with India’s digital public infrastructure (DPI), including the account aggregator (AA) ecosystem and ONDC-Financial Services.

• Platform Impact: Over the past 18 months, Finarkein’s platform has become a key tool for more than 50 enterprises to manage and utilize data through DPIs.

• Market Position: Finarkein’s data products have established the company as a leading enabler in the DPI space, helping enterprises effectively integrate and manage data on India’s digital platforms.

• Innovation and Growth: The funding will support Finarkein’s expansion efforts, enhancing its platform capabilities and scaling its impact in the digital infrastructure market.

This investment positions Finarkein for significant growth and continued leadership in the evolving landscape of digital public infrastructure.