NIRA Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
397
- Latest Deal Type
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M&A
NIRA General Information
Description
Developer of a digital credit application designed to provide consumers with small-size loans. The company's application allows uploading required documents, choosing the amount of loan needed and providing an immediate decision within three minutes, enabling users to get instant access to loans.
Contact Information
Website
www.nirafinance.com(Operating Subsidiary)
Corporate Office
- Number 2024, 2nd Floor, UrbanVault
- 16th Main Road, HAL 2nd Stage, Indiranagar
- Bengaluru, Karnataka 560008
- India
Corporate Office
- Number 2024, 2nd Floor, UrbanVault
- 16th Main Road, HAL 2nd Stage, Indiranagar
- Bengaluru, Karnataka 560008
- India
NIRA Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 22-Jul-2025 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 25-Apr-2023 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series A2) | 10-Feb-2022 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A) | 29-Apr-2020 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 06-Dec-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 14-Oct-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 03-May-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 29-Oct-2018 | $938K | $938K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
NIRA Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | ||||||||
| Series A1 | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 3,128 | $0.134124 | $290.66 | $290.66 | 1x | $290.66 | 12.83% | |
| Ordinary | 1,002 | $0.134124 | $18.61 | $18.61 | 1x | $18.61 | 4.11% |
NIRA Signals
NIRA Former Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 10,000 Startups-NASSCOM | Accelerator/Incubator | |||
| BSE | Corporation | |||
| Collective Ventures | Venture Capital | Minority | ||
| Divide by Zero | Venture Capital | Minority | ||
| Angel (individual) | Minority |
NIRA FAQs
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When was NIRA founded?
NIRA was founded in 2017.
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Where is NIRA headquartered?
NIRA is headquartered in Bengaluru, India.
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What is the size of NIRA?
NIRA has 397 total employees.
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What industry is NIRA in?
NIRA’s primary industry is Consumer Finance.
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Is NIRA a private or public company?
NIRA is a Private company.
-
What is NIRA’s current revenue?
The current revenue for NIRA is .
-
How much funding has NIRA raised over time?
NIRA has raised $7.08M.
-
Who are NIRA’s investors?
10,000 Startups-NASSCOM, BSE, Collective Ventures, Divide by Zero, and are 5 of 15 investors who have invested in NIRA.
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When was NIRA acquired?
NIRA was acquired on 22-Jul-2025.
-
Who acquired NIRA?
NIRA was acquired by Tilt Finance.
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