About Cardback
Cardback was a Financial Services company based in Delhi (India) founded in 2012 by Nidhi Gurnani and Nikhil Wason. It provides location-aware offers for various types of cards. It operates on a B2C model. Cardback has raised $170 thousand across 1 funding round from investors including LetsVenture, Rajan Anandan and Soumitra Sharma. Its Indian entity Orangut Labs Private Limited reported revenue of ₹1.3 Lakh. The company is recorded as dissolved. Its focus areas include Technology, Fintech, Offers and Rewards and Location-Based Services. Its competitors include SALT, Finfactor Technologies and Rojmel; 1 of its 3 listed competitors has raised funding.
Company details
Cardback, founded in 2012 in Delhi, India, focuses on leveraging cutting-edge technology, fintech, offers and rewards, and providing location-based services. Provides location-aware offers for various types of cards. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Delhi, India
- Founders Nidhi Gurnani, Nikhil Wason
- SectorsFinancial Services
- Website cardback.in
- Social X Facebook
- Legal Name Orangut Labs Private Limited
- Date of Incorporation 07 Feb, 2013
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.3 Lakh
FY 2015 · +4042% YoY
- Net Loss-₹69,932
FY 2015 · -52% margin
- EBITDA-₹1.3 Lakh
FY 2015 · -95% margin
- Total Equity Funding$170K (USD)
in 1 rounds
- Latest Funding Round$170K (USD), Seed
Jun 2014
- InvestorsLetsVenture
& 5 more
Associated legal entities of Cardback
Cardback operates through Orangut Labs Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Orangut Labs Private Limited CIN U72900DL2013PTC247992 | Strike Off | 07 Feb 2013 | New Delhi, Delhi | ₹0.0 Cr | 3 | View details |
Funding Insights of Cardback
Cardback has successfully raised a total of $170K through 1 strategic funding round. The most recent funding activity was a Seed round of $170 thousand completed in June 2014. 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 $170,000
- Total Rounds 1
- Last Round Seed — $170,000
- First Round $170,000
(Jun 2014)
- Investors Count 6
All 1 funding rounds of Cardback 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 |
|---|---|---|---|---|---|
| Jun 2014 | $170,000 | Seed | – | Rajan Anandan, Rishi Srivastava |
6 investors in total: 1 institutional and 5 angel.
Investors in Cardback
Cardback has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include LetsVenture, Rajan Anandan and Soumitra Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
RA Rajan Anandan | Managing Director at Peak XV, ex-Google India head, prolific angel investor | unknown_521b6067f75742efb | ||
SS Soumitra Sharma | Angel investor and entrepreneur, co-founder of Baazi Games, active in gaming sector | unknown_808ba53ee2e04e6ba | ||
NA Nitin Agarwal | unknown_48164994c1784ac3a | |||
NB Naval Bir Kumar | unknown_da5e1f25398c4f419 | |||
RS Rishi Srivastava | Angel investor and entrepreneur, focused on tech startups in India. | unknown_7f5b8f486a0d4948b |
Investor details for Cardback
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Orangut Labs Private Limited (Cardback)
Orangut Labs Private Limited is the primary company behind Cardback. The board of Orangut Labs Private Limited currently have 3 directors; the longest-serving is Nikhil Wason, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Wason DIN 02597175 | Director | 07 Feb 2013 | 13 yrs 9 mo | Orangut Labs Private Limited |
| Nidhi Gurnani DIN 06460692 | Director | 07 Feb 2013 | 13 yrs 9 mo | Orangut Labs Private Limited |
| Rishi Kant Srivastava DIN 06708853 | Director | 27 Jun 2014 | 12 yrs 4 mo | Orangut Labs Private Limited |
People of Cardback
2 people are tracked at Cardback (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Cardback
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cardback
Figures of Orangut Labs Private Limited, the primary company behind Cardback, for FY 2015. Revenue was ₹1.3 Lakh (+4042% year on year). Net loss was -₹69,932 (-52% margin). EBITDA was -₹1.3 Lakh (-95% margin).
- ₹1.3 LakhRevenue · FY 2015 · +4042% YoY
- -₹69,932Net loss · -52% margin
- -₹1.3 LakhEBITDA · -95% margin
- ₹12.9 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Orangut Labs Private Limited are on its company page.
Detailed financial statements for Cardback
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cardback
2 dated milestones of Cardback across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Cardback is founded.
- Funding First funding round of $170K.
Competitors of Cardback
Cardback has 3 listed competitors in our database, 1 of them funded. They include SALT, Finfactor Technologies and Rojmel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| salt.one | 2021 | Bengaluru, India | $3.04M | 15 | Financial literacy solutions are provided to empower women economically. | |
| finfactor.in | 2019 | Pune, India | 49 | Offers APIs and AI-driven insights for financial institutions' ecosystems. | ||
| rojmel.com | 2014 | Ahmedabad, India | Software for tracking financial accounts, expenses, income, and user login management. |
Detailed competitors of Cardback
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cardback
Websites that share an audience with Cardback (cardback.in).
Websites whose visitors overlap most with Cardback. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
secure.payu.in | secure.payu.in | 100% | – | ||
| movietimecinemas.in | 95% | 36.5K | #773,001 | View details | |
mailer.hdfcbank.com | mailer.hdfcbank.com | 95% | – | ||
bookticketnow.com | bookticketnow.com | 95% | – | ||
mastercard.co.in | mastercard.co.in | 59% | #280,911 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Cardback
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Travel Fintech
3 companies that operate in the same segment as Cardback (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 4.26 M | 128 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Frequently Asked Questions about Cardback
Cardback was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Cardback is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Cardback is a funded company, having raised a total of $170K across 1 funding round to date. The company's 1st funding round was a Seed of $170K, raised on Jun 2014.
The primary company behind Cardback, Orangut Labs Private Limited, reported revenue of ₹1.3 Lakh for FY 2015, up 4042% year on year.
Cardback, founded in 2012 in Delhi, India, focuses on leveraging cutting-edge technology, fintech, offers and rewards, and providing location-based services. Provides location-aware offers for various types of cards. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Cardback's top competitors include SALT, Finfactor Technologies and Rojmel.
Cardback has 6 investors. Key investors include LetsVenture, Rajan Anandan, Soumitra Sharma, Nitin Agarwal, and Naval Bir Kumar.
Cardback operates through Orangut Labs Private Limited.
The legal entities of Cardback currently have 3 directors, including Nikhil Wason, Nidhi Gurnani, Rishi Kant Srivastava.