Finnovo Enterprises Private Limited

  • Hyderabad, India
  • FinTech, Financial Services

An online platform for small businesses to raise cash on their invoices from FIs/investors.

Founded:
2015
Market:
B2B

Startup Video

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Jobs


Team Summary

Founder - Ajay Sakamuri (IITM) & with over 11 yrs exp in handling P&L, BD, Franchise, Ops, Acquisitions, Govt. Biz in Banking, IT & Healthcare sectors. Advisor - Mr. Dilip Gazarao (Advisor) 25 years in SBI, SBI GE Cards & National Sales Head at HDFC Standard Life. Talking to 1 person (IITM) in Risk & 3 people in tech (IITM, BITS Pilani, 12yrs@Infy)

Team

Founding Team

WORK

Finnovo Enterprises Pvt Ltd (2015 - present)
Founder

HealthPlix Technology Private Limited (2015 - 2015)
Co-Founder & Director

Medall (2014 - 2015)
DGM (Acquisitions, Govt. Business)

EDUCATION

Indian Institute of Technology, Madras
Master of Business Administration (MBA) • 2003 - 2005

Malaviya National Institute of Technology
Bachelor of Engineering (B.E.) • 1996 - 2001

Gowtham Junior College, Vijayawada
11th and 12th • 1994 - 1996

Product/Service Summary

An online platform connecting small businesses (SBs) & financial institutions/investors where SBs can raise cash by pledging their invoices. With predictable cashflows, SBs can save with better rates from suppliers, focus on core competence & grow faster. For FIs/investors, better returns (18-36%), no fixed costs, portfolio/risk diversification.

Product/Service Descriptions