About Basiz
Basiz is a Financial Services company based in Chennai (India) founded in 2004. Knowledge process outsourcing for financial services is provided by Basiz. Basiz has raised $2 million across 2 funding rounds from investors including NEA and Kalaari Capital. The company has 107 employees. Its chief executive, as recorded, is A Seshadrinathan. Its Indian entity Basiz Fund Service Private Limited. reported revenue of ₹21.46 Cr. Basiz offers products and services including Fund Administration, NAV Administration, GP AMC Accounting, FATCA Services, and AML/KYC Services. Its focus areas include Asset Management.
Company details
Basiz was established in 2004 in Chennai, India, as a provider of knowledge process outsourcing (KPO) services focused on finance. Operations are centered on financial processes such as accounting, compliance, and analytics. Services are delivered to clients primarily in the financial sector. The company is led by CEO and Managing Director A Seshadrinathan. Headquarters remain in Chennai, supporting global outsourcing needs.
- Headquarters Chennai, India
- Employees 107
- SectorsFinancial Services
- Website basizfa.com/index.php
- Social LinkedIn X
- Legal Name Basiz Fund Service Private Limited.
- Date of Incorporation 17 Jan, 2006
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹21.46 Cr
FY 2023 · +9% YoY
- Net Profit₹3.51 Cr
FY 2023 · 16% margin
- EBITDA₹3.37 Cr
FY 2023 · 15% margin
- Total Equity Funding$2M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Aug 2008
- InvestorsNEA
& 1 more
- Employee Count107
Associated legal entities of Basiz
Basiz operates through Basiz Fund Service Private Limited. (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Basiz Fund Service Private Limited. CIN U65100TN2006PTC058603 | Active | 17 Jan 2006 | Chennai, Tamil Nadu | ₹21.5 Cr | 107 | 3 | View details |
Products & Services of Basiz
Basiz offers a comprehensive portfolio of products and services, including Fund Administration, NAV Administration, GP AMC Accounting, FATCA Services, and AML/KYC Services.
Manages operations and compliance for investment funds
Calculates net asset value for funds accurately
Provides accounting support for general partners and asset managers
Handles Foreign Account Tax Compliance Act reporting
Conducts anti-money laundering and know-your-customer checks
Offers tax computation and reporting for US investors
Funding Insights of Basiz
Basiz has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in August 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $1,993
(Jun 2008)
- Investors Count 2
All 2 funding rounds of Basiz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2008 | $2M | Seed | – | New Enterprise Associates, Kalaari Capital | – |
| Jun 2008 | $1,993 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Basiz
Basiz has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NEA and Kalaari Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India |
Investor details for Basiz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Board of directors of Basiz Fund Service Private Limited. (Basiz)
Basiz Fund Service Private Limited. is the primary company behind Basiz. The board of Basiz Fund Service Private Limited. currently have 3 directors; the longest-serving is Adityapuram Venkataram Seshadrinathan, appointed in 2007. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Adityapuram Venkataram Seshadrinathan DIN 00854359 | Managing Director | 01 Apr 2007 | 19 yrs 7 mo | Basiz Fund Service Private Limited. |
| Krishnan V DIN 08049150 | Director | 08 Feb 2018 | 8 yrs 8 mo | Basiz Fund Service Private Limited. |
| Sujata Seshadrinathan DIN 03213976 | Director | 22 Jan 2019 | 7 yrs 9 mo | Basiz Fund Service Private Limited. |
People of Basiz
1 people are tracked at Basiz (1 in leadership); the tracked headcount is 107.
| Name | Role | Group |
|---|---|---|
A Seshadrinathan | CEO & MD | Leadership |
Complete people profiles for Basiz
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- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Basiz
Figures of Basiz Fund Service Private Limited., the primary company behind Basiz, for FY 2023. Revenue was ₹21.46 Cr (+9% year on year). Net profit was ₹3.51 Cr (16% margin). EBITDA was ₹3.37 Cr (15% margin). Revenue has grown at a compounded annual rate of +8% over three years and +14% over five years.
- ₹21.46 CrRevenue · FY 2023 · +9% YoY
- ₹3.51 CrNet profit · 16% margin
- ₹3.37 CrEBITDA · 15% margin
- ₹2.76 CrPaid-up capital
- 107Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Basiz Fund Service Private Limited. are on its company page.
Detailed financial statements for Basiz
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Basiz
3 dated milestones of Basiz across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Basiz is founded.
- Funding First funding round of $2K.
- Funding Latest funding round, Seed, of $2.0M.
Top companies in Asset Management
3 companies that operate in the same segment as Basiz (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Related news about Basiz
Complete news archive for Basiz
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Frequently Asked Questions about Basiz
Basiz was founded in 2004 and raised its 1st funding round 4 years after it was founded.
Basiz is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
A Seshadrinathan is the CEO of Basiz, as recorded in our data.
Basiz is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.99K, raised on Jun 2008.
Basiz has 107 employees.
The primary company behind Basiz, Basiz Fund Service Private Limited., reported revenue of ₹21.46 Cr for FY 2023, up 9% year on year.
Basiz was established in 2004 in Chennai, India, as a provider of knowledge process outsourcing (KPO) services focused on finance. Operations are centered on financial processes such as accounting, compliance, and analytics. Services are delivered to clients primarily in the financial sector. The company is led by CEO and Managing Director A Seshadrinathan. Headquarters remain in Chennai, supporting global outsourcing needs.
Basiz offers Fund Administration, NAV Administration, GP AMC Accounting, FATCA Services, and 2 more products and services.
Basiz has 2 investors. Key investors include NEA, and Kalaari Capital.
Basiz operates through Basiz Fund Service Private Limited..
The legal entities of Basiz currently have 3 directors, including Sujata Seshadrinathan, Krishnan V, Adityapuram Venkataram Seshadrinathan.