About branchX
branchX is a company based in Mumbai (India) founded in 2020 by Rajesh Johnny and Sajid Jamal. branchX has raised $3.84 million across 7 funding rounds from investors including Afzal Mohammed Modak, Afzal Mohammed Modak and Rais Ahmed Ali Motlekar.
- Headquarter Mumbai, India
- Founders Rajesh Johnny, Sajid Jamal
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Branchx India Private Limited
- Date of Incorporation 18 Jun, 2020
- Jurisdiction Ghaziabad, Uttar Pradesh, India
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Annual Revenue
Not available
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Net Profit
-$49.19 K (USD)0as on Mar 31, 2021
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EBITDA
-$61.36 K (USD)0as on Mar 31, 2021
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Total Equity Funding
$3.84 M (USD)
in 7 rounds
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Latest Funding Round
$1.15 M (USD), Seed
Apr 03, 2025
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Investors
GoSecureFund
& 13 more
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Employee Count
Not available
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People of branchX
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Funding Insights of branchX
branchX has successfully raised a total of $3.84M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $1.15 million completed in April 2025. 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.
Investors in branchX
branchX has secured backing from 14 investors, including angel and venture fund investors. Prominent investors backing the company include Afzal Mohammed Modak, Afzal Mohammed Modak and Rais Ahmed Ali Motlekar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on technology startups
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Locked | Locked | Locked | |
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AM
Afzal Mohammed Modak |
Angel investor and entrepreneur, co-founder of Rolocule Games, active in tech startups
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Locked | Locked | Locked |
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AM
Afzal Mohammed Modak |
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Locked | Locked | Locked |
Investor details for branchX
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Investments & Acquisitions by branchX
Investment portfolio details for branchX
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Financial Statements - branchX
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Branchx Comparisons
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Competitors of branchX
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Latest news on Branchx
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Frequently Asked Questions about branchX
branchX was founded in 2020.
branchX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajesh Johnny is the current CEO of branchX. They have also founded this company.
branchX is a funded company, having raised a total of $3.84M across 7 funding rounds to date.
BranchX was founded in 2020 in Mumbai, India, as an AI-powered neo-banking platform in the fintech sector. Virtual wallets, microloans, bill payments, money transfers, and transaction tracking are provided through its mobile app, primarily targeting migrant families. Operations focus on accessible financial tools to support remittances and daily transactions in underserved communities.
branchX has 14 investors. Key investors include Afzal Mohammed Modak, Afzal Mohammed Modak, Rais Ahmed Ali Motlekar, GoSecureFund, and Motlekar Astral Serivces And Transformation.
The valuation of branchX is $30.77M as of Apr 2024.