Comviva

Gurugram, India Founded: 1999 • Age: 27 yrs Acquired By Tech Mahindra
Software platforms for telecommunications, digital payments, and experiences are provided.
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About Comviva

Comviva is a company based in Gurugram (India) founded in 1999 was acquired by Tech Mahindra in September 2012.. Comviva has raised $13.5 million across 1 funding round from investors including Cisco, Tech Mahindra and Sequoia Capital. Comviva has completed 3 acquisitions, including ATS, Dynacommerce and Emagine International. Comviva offers products and services including Digital Wallet, Marketing Studio, and BlueMarble BSS. Comviva operates in a competitive market with competitors including Fiserv, Jack Henry, Blend, Infibeam Avenues and Mambu, among others.

  • Headquarter Gurugram, India
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13.5 M (USD), Series A

    Jun 01, 2005

  • Investors
    Cisco

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    ATS

    & 2 more

  • Acquired by
    Tech Mahindra

    (Sep 17, 2012)

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Products & Services of Comviva

Comviva offers a comprehensive portfolio of products and services, including Digital Wallet, Marketing Studio, and BlueMarble BSS. 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

Platform for secure digital payments and tokenization services.

AI-driven tool for real-time marketing automation and personalization.

Integrated business support system for telecom operations and commerce.

People of Comviva
Headcount 1000-5000
Employee Profiles 280
Board Members and Advisors 5
Employee Profiles
People
Saurabh Chauhan
Senior Technical Lead
People
Rajveer Bhadauria
Senior Technical Lead
People
Chandan Kumar Barik
Senior Technical Lead
People
Satya Sai Gembali
Senior Technical Lead

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Board Members and Advisors
people
Manoranjan Mohapatra
Board Member
people
Rajat Mukherjee
Director
people
Jagdish Mitra
Director
people
Sunita Umesh
Director

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Funding Insights of Comviva

Comviva has successfully raised a total of $13.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $13.5 million completed in June 2005. 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 Rounds 1
  • Last Round Series A — $13.5M
  • First Round

    (01 Jun 2005)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2005 Amount Series A - Comviva Valuation Sequoia Capital , Cisco
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Comviva

Comviva has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cisco, Tech Mahindra and Sequoia Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
AI and saas based cloud security solutions
Founded Year Domain Location
Provider of data analytics, cloud management, and business process outsourcing services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Comviva

Comviva has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ATS, Dynacommerce and Emagine International. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Price quotations and sales orders are managed for utility sectors.
2014
Advertising and content marketing services are provided internationally.
1998
Hair growth lotions and supplements are provided to consumers.
1991
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Comviva

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Comviva Comparisons

Employees
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Competitors of Comviva

Comviva 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 Fiserv, Jack Henry, Blend, Infibeam Avenues and Mambu, 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
Diversified financial solutions for business processing and management are provided.
domain founded_year HQ Location
Banking and payments solutions are provided through a dedicated platform.
domain founded_year HQ Location
Digital solutions for mortgage and consumer lending are provided.
domain founded_year HQ Location
Digital payment solutions and enterprise software platforms are provided.
domain founded_year HQ Location
API-enabled open banking platform is provided for financial institutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Comviva

Frequently Asked Questions about Comviva

When was Comviva founded?

Comviva was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Where is Comviva located?

Comviva is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Who is the current CEO of Comviva?

Rajesh Chandiramani is the current CEO of Comviva.

Is Comviva a funded company?

Comviva is a funded company, having raised a total of $13.5M across 1 funding round to date. The company's 1st funding round was a Series A of $13.5M, raised on Jun 01, 2005.

What does Comviva do?

Founded in 1999 and headquartered in Gurugram, India, Comviva operates in the telecommunications and digital technology sectors. Software platforms are offered for financial technology, marketing technology, and business support systems. Digital payments, marketing automation, and network services are facilitated through these solutions. Additional platforms handle electronic recharge and voucher management, supporting operations across global telecommunications networks.

Who are the top competitors of Comviva?

Comviva's top competitors include Mambu, Blend and Synctera.

What products or services does Comviva offer?

Comviva offers Digital Wallet, Marketing Studio, and BlueMarble BSS.

How many acquisitions has Comviva made?

Comviva has made 3 acquisitions, including ATS, Dynacommerce, and Emagine International.

Who are Comviva's investors?

Comviva has 3 investors. Key investors include Cisco, Tech Mahindra, and Sequoia Capital.

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