Founded in 2022 by Aniketh Jain and Ashish Agarwal, Fyno provides a communication-platform-as-a-service (CPaaS) that integrates, orchestrates, and analyzes messaging across SMS, WhatsApp, email, push notifications, voice, and more. The platform is built to meet stringent RBI, SEBI, TRAI, and DPDP mandates, helping clients cut messaging costs by 20–30% and engineering effort by over 90%. Fyno has processed more than five billion communications and counts 45 banks, NBFCs, and fintechs—such as Karnataka Gramin Bank, Kerala Gramin Bank, LendingKart, Protium, and Scripbox—as customers. Management plans to double this customer base within 18 months and is already in advanced talks with over 10 additional banks. Revenue is projected to reach $2 million in FY25–26 and $5 million in FY26–27, driven by accelerating BFSI adoption. Future use of proceeds includes enhancing the product’s AI layer, deepening functionality, and expanding go-to-market efforts in India and other emerging markets. The company positions itself against global CPaaS competitors like Courier, Knock, and Sinch’s Axiom.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2025