Liquidity Events
IIFL Fintech Fund exits data analytics platform Finarkein with 100% return
360 ONE Group promoted IIFL Fintech Fund has exited its investment in Pune-based data analytics platform Finarkein Analytics , recording over a 100% return in three years.Founded in 2019, Finarkein Analytics enables enterprises to develop solutions built on digital public infrastructure, including the Account Aggregator (AA) framework, ONDC for financial services, and OCEN (Open Credit Enablement Network).
Between Feb 2022 and Feb 2025, Finarkein Analytics had attracted about USD 6 M from 360 ONE, Eximius Ventures, Info Edge, Nexus Venture Partners, Snow Leopard Technology Ventures and others.For FY24, Finarkein Analytics had reported about INR 6 Cr in Operating Income and about INR 0.4 Cr in Net Loss.
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