Veefin Solutions is a Mumbai-based enterprise software company building supply chain finance, trade finance, cash management, digital banking and loan origination platforms for banks, NBFCs and fintech firms. It has been listed on the BSE SME platform since 2023.
1StartupFox story
2020Founded
BFSI Enterprise SoftwareSector
Jul 2026Latest coverage
Funding
Veefin Solutions has raised $56M across 1 disclosed round.
$56MRaised
$56MLatest round
₹391Valuation
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Equity allotted at ₹391 per share, against a ₹94 crore board-approved ceiling
Dec 2025Round$56MNot disclosed Equity allotted at ₹391 per share, against a ₹94 crore board-approved ceiling
Financials
Revenue and profit after tax as filed with the Registrar of Companies.
Audited, board-approved 13 May 2026, unmodified auditor opinion. Standalone FY26 revenue from operations was ₹70.74 crore on EBITDA of ₹38.12 crore and PAT of ₹18.20 crore — a roughly 54 per cent margin against 22 per cent consolidated, the
Converted to a public limited company and renamed Veefin Solutions Limited. ↗
Nov 2024 · acquisition
Acquired Walnut.AI. A second AI acquisition, Ezee.AI, followed in 2025. ↗
Dec 2025 · funding
Round — $56M, led by Not disclosed.
Dec 2025 · milestone
Deconsolidated EpikInDiFi Software & Solutions from 31 December 2025 following governance disputes. ↗
17 Jul 2026 · milestone
Unsecured creditors approved the scheme to merge GlobeTF Solutions and Estorifi Solutions into Veefin, with 100 per cent of votes polled. Final NCLT sanction pending. ↗
21 Jul 2026 · milestone
Shareholders approved migration from the BSE SME platform to the BSE Main Board and a direct listing on the NSE, with 100 per cent of polled votes in favour. ↗
24 Jul 2026 · milestone
Board approved raising up to ₹35 crore through non-convertible debentures on a private placement basis. Coupon, tenure, security and subscribers not disclosed. ↗
IPO Watchconfirmed
StatusListed on BSE SME; Main Board migration and direct NSE listing approved by shareholders
Special resolutions passed 21 July 2026 with 100 per cent of polled votes in favour. Stock exchange clearance still pending; no migration date announced. Source ↗
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Veefin Solutions is a Mumbai-based enterprise software company building supply chain finance, trade finance, cash management, digital banking and loan origination platforms for banks, NBFCs and fintech firms. It has been listed on the BSE SME platform since 2023.
Who founded Veefin Solutions?
Veefin Solutions is associated with Gautam Udani, Raja Debnath.
How much funding has Veefin Solutions raised?
Veefin Solutions has raised $56M across 1 disclosed round. The most recent was a $56M round in Dec 2025.
Who are Veefin Solutions's investors?
Disclosed investors in Veefin Solutions include Not disclosed.
What is Veefin Solutions's valuation?
Veefin Solutions was last reported at Equity allotted at ₹391 per share, against a ₹94 crore board-approved ceiling, at the time of its round in Dec 2025.
Is Veefin Solutions profitable?
Per its FY26 consolidated filing, Veefin Solutions reported ₹345 Cr in revenue, with a ₹32 Cr profit.
What is the status of the Veefin Solutions IPO?
Listed on BSE SME; Main Board migration and direct NSE listing approved by shareholders.
What is the latest news on Veefin Solutions?
The most recent StartupFox coverage is “Veefin Solutions Board Approves ₹35 Crore Non-Convertible Debenture Issue On Private Placement” (27 July 2026). All stories are listed on this page.
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