Codeister Technologies

Kochi, India Founded: 2015 • Age: 11 yrs Acquired By CareStack
Web and mobile app-based microsavings platform

About Codeister Technologies

Codeister Technologies is a Technology company based in Kochi (India) founded in 2015 by Vivek S, and was acquired by CareStack in July 2017. Web and mobile app-based microsavings platform. Codeister Technologies offers products and services including Innovative Tech Products. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its legal entity in India is Codeister Technologies Private Limited (U72900KL2016PTC046618). Its competitors include Spenny, Piggy and pennywise; 2 of its 3 listed competitors have raised funding.

Company details

Codeister Technologies was founded in 2015 in Kochi, India, as a fintech firm focused on microsavings. A web and mobile app is utilized to monitor expenses from creditdebit card receipts or manual cash entries. Savings amounts are suggested and transferred to secure accounts, while user-defined goals are supported through automated periodic transfers. In July 2017, the company was acquihired by Accel-backed Good Methods Global.

Key Metrics
  • Annual Revenue
    ₹50,000

    FY 2023 · -74% YoY

  • Net Loss
    -₹71,921

    FY 2023 · -144% margin

  • EBITDA
    -₹44,006

    FY 2023 · -88% margin

  • Investors
  • Acquired by
    CareStack

    (Jul 2017)

Products & Services of Codeister Technologies

Codeister Technologies offers a comprehensive portfolio of products and services, including Innovative Tech Products.

Innovative Tech Products
Software Solutions

Development of technology products across multiple domains

Investors in Codeister Technologies

Codeister Technologies has secured backing from 1 investor. Prominent investors backing the company include CareStack.

All
InvestorDescriptionFounded YearDomainLocation
Cloud-based software for dental practice management is developed.
2015carestack.comCelebration, United States
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Investor details for Codeister Technologies

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Board of directors of Codeister Technologies Private Limited (Codeister Technologies)

Codeister Technologies Private Limited is the primary company behind Codeister Technologies. The board of Codeister Technologies Private Limited currently have 2 directors; the longest-serving is Aravind Muraleedharan, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Aravind Muraleedharan
DIN 07568682
Whole-time director22 Aug 201610 yrs 2 moCodeister Technologies Private Limited
Sasidharan Vivek
DIN 07568693
Whole-time director22 Aug 201610 yrs 2 moCodeister Technologies Private Limited

People of Codeister Technologies

1 people are tracked at Codeister Technologies (1 in leadership).

NameRoleGroup
Vivek S
Co-Founder & CTOLeadership
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Complete people profiles for Codeister Technologies

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Financials of Codeister Technologies

Figures of Codeister Technologies Private Limited, the primary company behind Codeister Technologies, for FY 2023. Revenue was ₹50,000 (-74% year on year). Net loss was -₹71,921 (-144% margin). EBITDA was -₹44,006 (-88% margin).

  • ₹50,000Revenue · FY 2023 · -74% YoY
  • -₹71,921Net loss · -144% margin
  • -₹44,006EBITDA · -88% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Codeister Technologies Private Limited are on its company page.

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Detailed financial statements for Codeister Technologies

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Timeline of Codeister Technologies

2 dated milestones of Codeister Technologies across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Codeister Technologies is founded.
  2. Exit Acquired by CareStack.

Competitors of Codeister Technologies

Codeister Technologies has 3 listed competitors in our database, 2 of them funded. They include Spenny, Piggy and pennywise.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
spenny.com2019Bengaluru, India$150,000
Savings and gold investments are enabled through app-based transaction roundups.
piggy.co.in2016Bengaluru, India$161,787
Piggy is recognized as a direct mutual fund investment platform in India.
pennywiseapp.in2020India
Offers financial workshops, digital tools, and community for corporate employee education.
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Detailed competitors of Codeister Technologies

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Top companies in Investment & Financial Technology

2 companies that operate in the same segment as Codeister Technologies (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based brokerage stock trading platform
1996Mumbai, Maharashtra, IndiaUSD 38.41 MUSD 548.9 M3,830
Smart investment portfolios are offered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 121.05 MUSD 635.51 K231
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Frequently Asked Questions about Codeister Technologies

Codeister Technologies was founded in 2015.

Codeister Technologies is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

The primary company behind Codeister Technologies, Codeister Technologies Private Limited, reported revenue of β‚Ή50,000 for FY 2023, down 74% year on year.

Codeister Technologies was founded in 2015 in Kochi, India, as a fintech firm focused on microsavings. A web and mobile app is utilized to monitor expenses from creditdebit card receipts or manual cash entries. Savings amounts are suggested and transferred to secure accounts, while user-defined goals are supported through automated periodic transfers. In July 2017, the company was acquihired by Accel-backed Good Methods Global.

Codeister Technologies's top competitors include Spenny, Piggy and pennywise.

Codeister Technologies offers Innovative Tech Products.

Codeister Technologies has 1 investor. Key investors include CareStack.

Codeister Technologies operates through Codeister Technologies Private Limited.

Yes. Codeister Technologies was acquired by CareStack in July 2017.

The legal entities of Codeister Technologies currently have 2 directors, including Aravind Muraleedharan, Sasidharan Vivek.

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