About Converj
Converj is a company based in Bengaluru (India) founded in 2021 by Varghese Abraham and Parry Ravindranathan. Converj has raised $2.73 million across 3 funding rounds from investors including Yatra Angel Network, Beenext and Elizabeth Mathew. The company has 30 employees as of April 03, 2024. Converj offers products and services including Treasury Card. Converj operates in a competitive market with competitors including Multinet Up, Mocapay, CyberCard, Tuily and LOVICASHBACK, among others.
- Headquarter Bengaluru, India
- Employees 30 as on 03 Apr, 2024
- Founders Varghese Abraham, Parry Ravindranathan
- Stage Minicorn
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Converj Global Private Limited
- Date of Incorporation 19 Dec, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$53.44 (USD)0as on Mar 31, 2022
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Net Profit
-$194.82 K (USD)-246.06as on Mar 31, 2022
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EBITDA
-$178.31 K (USD)-217.63as on Mar 31, 2022
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Total Equity Funding
$2.73 M (USD)
in 3 rounds
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Latest Funding Round
$1.76 M (USD), Seed
Jan 28, 2023
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Investors
Yatra Angel Network
& 3 more
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Employee Count
30
as on Apr 03, 2024
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Products & Services of Converj
Converj offers a comprehensive portfolio of products and services, including Treasury Card.
Facilitates B2B payments with variable tenures and fees for better financial management
People of Converj
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Funding Insights of Converj
Converj has successfully raised a total of $2.73M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.76 million completed in January 2023. 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.
Investors in Converj
Converj has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Yatra Angel Network, Beenext and Elizabeth Mathew.
| Investor | Description | Founded Year | Domain | Location |
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Angel network focused on the fintech sector
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Early-stage venture capital fund
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Elizabeth Mathew |
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Investor details for Converj
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Investments & Acquisitions by Converj
Investment portfolio details for Converj
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Financial Statements - Converj
Detailed financials for Converj
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Converj Comparisons
Peer comparison for Converj
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Competitors of Converj
Converj 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 Multinet Up, Mocapay, CyberCard, Tuily and LOVICASHBACK, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Expense management card solutions are offered for individuals and businesses.
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Online platform for mobile marketing and payments
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Serves as a virtual payments card for secure and versatile transactions.
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Financial solutions and expense management are provided for SMEs.
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Offers virtual payment cards designed for businesses.
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Detailed competitors of Converj
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Latest news on Converj
Complete news archive for Converj
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Frequently Asked Questions about Converj
Converj was founded in 2021.
Converj is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Parry Ravindranathan is the current CEO of Converj. They have also founded this company.
Converj is a funded company, having raised a total of $2.73M across 3 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Converj is 30.
Annual revenue of Converj is $53.44 as on Mar 31, 2022.
Converj was founded in 2021 in Bengaluru, India, within the fintech sector. Treasury cards and embedded finance solutions are offered to businesses, enabling banks to integrate payment options with existing tools. Procure-to-pay processes are streamlined, payment terms optimized, and working capital returns improved. Financial institutions, buyers, and suppliers are served to enhance efficiencies and supply chain resilience. Access to capital, cash flow forecasting, and dynamic discounting are also supported.
Converj's top competitors include Mocapay, Multinet Up and Tuily.
Converj offers Treasury Card.
Converj has 4 investors. Key investors include Yatra Angel Network, Beenext, Elizabeth Mathew, and Shivanandan Ashok Dalvie.
The valuation of Converj is $14M as of Jan 2023.