Codfirm

India Founded: 2020 • Age: 6 yrs
Reduces COD fraud and returns for e-commerce businesses using verification and payments.
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About Codfirm

Codfirm is a company based in India founded in 2020 by Sumit Jha and Hriday Agarwal. It operates as a B2B, and SaaS. Codfirm offers products and services including CODFIRM App, OTP Based COD, COD to Prepaid Converter, Order Notifications, and Abandoned Cart Recovery. Codfirm operates in a competitive market with competitors including Wonderment, Satellitesitetesting, Extra Verification, Smart Order Notifications and Aero Apps, among others.

  • Headquarter India
  • Founders Sumit Jha, Hriday Agarwal
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dollapee Private Limited
  • Date of Incorporation 05 Jul, 2016
  • Jurisdiction Dlf Qe, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance → →
Technology → Marketing, Adtech & Commerce Technology → →
Key Metrics
  • Annual Revenue
    $204.25 K (USD)
    179.08
    as on Mar 31, 2023
  • Net Profit
    $14.1 K (USD)
    -22.63
    as on Mar 31, 2023
  • EBITDA
    $71.21 K (USD)
    177.75
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Codfirm

Codfirm offers a comprehensive portfolio of products and services, including CODFIRM App, OTP Based COD, COD to Prepaid Converter, Order Notifications, and Abandoned Cart Recovery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Prevents COD returns and detects fraudulent orders for retailers.

Verifies orders using one-time passwords to reduce errors.

Converts COD orders to prepaid for faster settlements.

Sends updates via SMS and WhatsApp for order tracking.

Recovers lost sales by reminding users of unfinished orders.

Funding Insights of Codfirm

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by Codfirm

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Codfirm

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Codfirm Comparisons

Employees
+
Add Comparison
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Competitors of Codfirm

Codfirm 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 Wonderment, Satellitesitetesting, Extra Verification, Smart Order Notifications and Aero Apps, 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
Wonderment
domain founded_year HQ Location
Order tracking solutions are provided for eCommerce businesses.
Satellitesitetesting
domain founded_year HQ Location
Delivers tracking solutions for Shopify businesses to optimize deliveries.
Extra Verification
domain founded_year HQ Location
Online platform selling home appliances, groceries, fashion, and electronics in Uganda.
Smart Order Notifications
domain founded_year HQ Location
Automates rule-based order notifications for Shopify e-commerce merchants.
Aero Apps
domain founded_year HQ Location
Develops extension tools to enhance functionality for Shopify stores.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Codfirm

Frequently Asked Questions about Codfirm

When was Codfirm founded?

Codfirm was founded in 2020.

Where is Codfirm located?

Codfirm is headquartered in India.

What is the annual revenue of Codfirm?

Annual revenue of Codfirm is $204.25K as on Mar 31, 2023.

What does Codfirm do?

CODFIRM is a SaaS platform that helps e-commerce brands on Shopify minimize Cash on Delivery returns by detecting fraud, confirming orders with OTP, and converting them to prepaid payments. It offers features like order notifications via SMS and WhatsApp, abandoned cart recovery, and seamless UPI integration. The tool supports businesses in managing high-volume orders, as evidenced by testimonials from brands like Sleepy Owl and Captain Zack, enhancing profitability and customer experience without specifying a fixed location.

Who are the top competitors of Codfirm?

Codfirm's top competitors include Wonderment, Aero Apps and Satellitesitetesting.

What products or services does Codfirm offer?

Codfirm offers CODFIRM App, OTP Based COD, COD to Prepaid Converter, Order Notifications, and Abandoned Cart Recovery.

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