Trust Fintech funding, investors and company details
Trust Fintech is an emerging Information Technology - Data Solutions startup from Nagpur, working in the space of Information Technology & Services, fintech and software solutions. Founded by Hemant Padmanabh Chafale, Heramb Ramkrishna Damle, Mandar Kishor Deo.
- Company: Trust Fintech Limited
- Sector: Information Technology - Data Solutions
- Location: Nagpur
- Founders: Hemant Padmanabh Chafale, Heramb Ramkrishna Damle, Mandar Kishor Deo
- Total funding raised: ₹5.42 Cr
Company overview
Trust Fintech Limited is an Indian technology and software services company, originally incorporated in 1998 as Trust Systems & Software (India) Limited and renamed Trust Fintech Limited in December 2023. It operates in the software and IT services sector, primarily serving the banking, financial services, and insurance (BFSI) industry with a range of SaaS products and technology solutions. The company’s core offerings include core banking systems (such as TrustBankCBS and MicroFinS), loan origination and anti-money-laundering platforms, ERP implementation, custom software development, SAP Business One services, GST compliance solutions, and offshore IT services, enabling automation, compliance, digital banking, and operational efficiency for banks and financial institutions in India and over 25 countries worldwide. It combines enterprise software development with cloud-based fintech platforms and professional IT services across its development centers and global footprint.
Funding rounds
- Latest round (Pre-IPO): ₹5.42 Cr. ($ 0.65 Mn), 2024-02-24. Investors: Tejas Goenka (Tally Solutions), Nitin Sathawane (Mphasis Canada), Ramnath Raikar (HDFC Bank), Sameer Gupte (NSDL Data Management)