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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Branchx India Private Limited
- Date of Incorporation 18 Jun, 2020
- Jurisdiction Ghaziabad, Uttar Pradesh, India
-
Annual Revenue
-
Net Profit
-$49.19 K (USD)0as on Mar 31, 2021
-
EBITDA
-$61.36 K (USD)0as on Mar 31, 2021
-
Total Equity Funding
$3.84 M (USD)
in 7 rounds
-
Latest Funding Round
$1.15 M (USD), Seed
Apr 03, 2025
-
Investors
GoSecureFund
& 13 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of branchX
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Seed — $1.2M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - branchX | Valuation | Sindhu Bhaskar | |
| Mar, 2025 | Amount | Seed - branchX | Valuation | Brij Mohan Jairath | |
| Apr, 2024 | Amount | Angel Round - branchX | Valuation | Afzal Mohammed Modak |
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 |
|---|---|---|---|---|
|
Venture capital fund focused on technology startups
|
Founded Year | Domain | Location | |
|
AM
Afzal Mohammed Modak |
Angel investor and entrepreneur, co-founder of Rolocule Games, active in tech startups
|
Founded Year | Domain | Location |
|
AM
Afzal Mohammed Modak |
-
|
Founded Year | Domain | Location |
Investments & Acquisitions by branchX
Financial Statements - branchX
Branchx Comparisons
Competitors of branchX
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. The company's 1st funding round was a Angel Round of $72.07K, raised on Nov 16, 2020.
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.