About BSG
BSG is a company based in Mumbai (India) founded in 2010 was acquired by M2P Fintech in February 2022.. The company has 144 employees as of April 05, 2024. BSG operates in a competitive market with competitors including nCino, ION Group, Tuum, Thought Machine and Backbase, among others.
- Headquarter Mumbai, India
- Employees 144 as on 05 Apr, 2024
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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- Legal Name Bsg Itsoft Private Limited
- Date of Incorporation 18 Jan, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.19 M (USD)107.87as on Mar 31, 2023
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Net Profit
$3.26 K (USD)-32.51as on Mar 31, 2023
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EBITDA
$1.04 M (USD)84.69as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
144
as on Apr 05, 2024
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Acquired by
M2P Fintech
(Feb 16, 2022)
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Funding Insights of BSG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BSG
BSG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include M2P Fintech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Banking, lending, and payment solutions are provided via custom APIs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BSG
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BSG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bsg Comparisons
Competitors of BSG
BSG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as nCino, ION Group, Tuum, Thought Machine and Backbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based API platform for banking operations is provided.
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| domain | founded_year | HQ Location |
Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Cloud-native API-first core banking platform is provided for banks.
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| domain | founded_year | HQ Location |
Cloud-based platform for core banking is developed via APIs.
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| domain | founded_year | HQ Location |
AI-powered banking platforms are provided for operational growth.
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| domain | founded_year | HQ Location |
Cloud-based core banking solutions are offered to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BSG
When was BSG founded?
BSG was founded in 2010.
Where is BSG located?
BSG is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does BSG have?
As of Apr 05, 2024, the latest employee count at BSG is 144.
What is the annual revenue of BSG?
Annual revenue of BSG is $3.19M as on Mar 31, 2023.
What does BSG do?
BSG was founded in 2010 in Mumbai, India, as a provider of cloud-based core banking systems targeted at co-operative and private banks. Operations focus on fraud detection and prevention, blockchain integrations, cross-sell functionalities, mobile and call-based banking integrations, and APIs for modular connectivity. The domain bsg.ind.in supports these services in the financial technology sector.
Who are the top competitors of BSG?
BSG's top competitors include nCino, Thought Machine and Tuum.
Who are BSG's investors?
BSG has 1 investor. Key investors include M2P Fintech.
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