About Decimal Technologies
Decimal Technologies is a company based in Gurugram (India) founded in 2009 by Arvind Nahata, Manav Yagnik, and Lalit Mehta. It operates as a SaaS (Software-as-a-Service) and Professional Services. Decimal Technologies has raised $3.48 million across 3 funding rounds from investors including Agindustries, Shaleen Garg and Sanjeev Kumar. The company has 370 employees as of April 03, 2025. Decimal Technologies offers products and services including Vahana Cloud and Vahana Hub. Decimal Technologies operates in a competitive market with competitors including Codat, Banked, Yodlee, Bud and Method, among others.
- Headquarter Gurugram, India
- Employees 370 as on 03 Apr, 2025
- Founders Arvind Nahata, Manav Yagnik, Lalit Mehta
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Decimal Technologies Private Limited
- Date of Incorporation 03 Nov, 2009
- Jurisdiction Basai Road, Haryana, India
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Annual Revenue
$7.04 M (USD)29.56as on Mar 31, 2024
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Net Profit
$305.69 K (USD)157.24as on Mar 31, 2024
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EBITDA
$961.68 K (USD)1371.75as on Mar 31, 2024
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Total Equity Funding
$3.48 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Seed
Dec 05, 2024
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Investors
Agindustries
& 4 more
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Employee Count
370
as on Apr 03, 2025
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Products & Services of Decimal Technologies
Decimal Technologies offers a comprehensive portfolio of products and services, including Vahana Cloud and Vahana Hub.
A platform for building enterprise applications without coding.
A marketplace for integrating APIs into applications.
People of Decimal Technologies
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Funding Insights of Decimal Technologies
Decimal Technologies has successfully raised a total of $3.48M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in December 2024. 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 Decimal Technologies
Decimal Technologies has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Agindustries, Shaleen Garg and Sanjeev Kumar.
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Shaleen Garg |
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Sanjeev Kumar |
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Investor details for Decimal Technologies
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Investments & Acquisitions by Decimal Technologies
Investment portfolio details for Decimal Technologies
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Financial Statements - Decimal Technologies
Detailed financials for Decimal Technologies
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Decimal Technologies Comparisons
Peer comparison for Decimal Technologies
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Competitors of Decimal Technologies
Decimal Technologies 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 Codat, Banked, Yodlee, Bud and Method, among others.
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Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
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Open banking APIs for payments and data access are provided.
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Cloud-based data aggregation and analytics for financial institutions are offered.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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API-enabled debt repayment tools are provided for financial services.
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open banking API solutions
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Detailed competitors of Decimal Technologies
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Latest news on Decimal Technologies
Complete news archive for Decimal Technologies
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Frequently Asked Questions about Decimal Technologies
Decimal Technologies was founded in 2009 and raised its 1st funding round 13 years after it was founded.
Decimal Technologies is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Lalit Mehta is the current CEO of Decimal Technologies. They have also founded this company.
Decimal Technologies is a funded company, having raised a total of $3.48M across 3 funding rounds to date.
As of Apr 03, 2025, the latest employee count at Decimal Technologies is 370.
Annual revenue of Decimal Technologies is $7.04M as on Mar 31, 2024.
Decimal Technologies is established as a provider of no-code solutions for enterprises, focusing on application development without coding requirements. The company serves various sectors including banking, finance, and insurance through its primary platform, Vahana Cloud, and API marketplace, Vahana Hub. Solutions are tailored for core business systems, workflow automation, and customer applications. Operations are extended across industries with digital transformation initiatives, legacy modernization, and partner ecosystems. Support is provided for rapid development, scalability, and integration to enhance business efficiency and customer experience.
Decimal Technologies offers Vahana Cloud and Vahana Hub.
Decimal Technologies has 5 investors. Key investors include Agindustries, Shaleen Garg, Sanjeev Kumar, Sangita Dattatray, and Sanjeev Kumar.
The valuation of Decimal Technologies is $54.48M as of Dec 2023.