About Decimal Technologies
Decimal Technologies is a Technology company based in Gurugram (India) founded in 2009 by Arvind Nahata, Manav Yagnik, and Lalit Mehta. It operates as a low-code platform for native mobile app development is offered. It operates on a SaaS (Software-as-a-Service) and Professional Services model in Technology and Financial Services sectors. 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. Decimal Technologies was last valued at $54.48 million in December 2023. Its chief executive is Lalit Mehta. Its Indian entity Decimal Technologies Private Limited reported revenue of ₹60.26 Cr. Decimal Technologies offers products and services including Vahana Cloud and Vahana Hub. Its focus areas include Software, Enterprise Software, Finance and Banking. Its competitors include Codat, Banked, Yodlee, Bud and Method and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 370
- Founders Arvind Nahata, Manav Yagnik, Lalit Mehta
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website decimaltech.com
- Social LinkedIn X Facebook YouTube
- Legal Name Decimal Technologies Private Limited
- Date of Incorporation 03 Nov, 2009
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹60.26 Cr
FY 2024 · +13% YoY
- Net Profit₹2.62 Cr
FY 2024 · 4% margin
- EBITDA₹7.57 Cr
FY 2024 · 13% margin
- Total Equity Funding$3.48M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Seed
Dec 2024
- Employee Count370
Associated legal entities of Decimal Technologies
Decimal Technologies operates through Decimal Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Decimal Technologies Private Limited CIN U72300HR2009PTC039652 | Active | 03 Nov 2009 | Gurgaon, Haryana | ₹60.3 Cr | 370 | 2 | View details |
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.
Apps and channels of Decimal Technologies
its YouTube channel Decimal Technologies has 160 subscribers and 30 videos.
Videos from Decimal Technologies
The most watched videos on Decimal Technologies's YouTube channel, Decimal Technologies (160 subscribers). Click a video to play it here.
More on Decimal Technologies.
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.
- Total Funding $3.48M
- Total Rounds 3
- Last Round Seed — $3M
- First Round $436,247
(Mar 2022)
- Investors Count 5
All 3 funding rounds of Decimal Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $3M | Seed | – | – | – |
| Dec 2023 | $42,075 | Seed | $54.48M | – | – |
| Mar 2022 | $436,247 | Seed | $59.71M | Shaleen Garg, Sanjeev Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $54.48M | •••••••• |
| Mar 2022 | $59.71M | •••••••• |
Last known valuation $54.48M (Dec 2023). 5 investors in total: 1 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | agindustries.tcc.mode | - | |
SG Shaleen Garg | - | – | unknown_5e6b6324b0f64a1db | - |
SK Sanjeev Kumar | - | – | unknown_66f82202626c49d7a | - |
SD Sangita Dattatray | - | – | unknown_c970154b63384da0b | - |
SK Sanjeev Kumar | Angel investor, co-founder of Spice Money, focused on fintech and rural tech | – | unknown_c0755e2e9c0b45b8b | - |
Investor details for Decimal Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Board of directors of Decimal Technologies Private Limited (Decimal Technologies)
Decimal Technologies Private Limited is the primary company behind Decimal Technologies. The board of Decimal Technologies Private Limited currently have 2 directors; the longest-serving is Lalit Mehta, appointed in 2009. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Mehta DIN 02423158 | Director | 03 Nov 2009 | 16 yrs 11 mo | Decimal Technologies Private Limited |
| Arvind Sanchayalal Nahata DIN 05254744 | Director | 01 Apr 2012 | 14 yrs 6 mo | Decimal Technologies Private Limited |
People of Decimal Technologies
85 people are tracked at Decimal Technologies (16 in leadership, 69 in team); the tracked headcount is 370.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CBO | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Dinesh Parekh | COO | Leadership |
Manish Sharma | Chief Business Officer - Saarathi | Leadership |
Srinath Mitragotri | President - Global Partnerships | Leadership |
Yogesh Sharma | President | Leadership |
Raghvendra Singh | Delhi Sales Head | Leadership |
Amit Chaudhary | Head Of Sales & Business Development - Saarathi At Decimal Technologies | Leadership |
Vishal Bali | Regional Head | Leadership |
Danny D'Souza | Zonal Head - West | Leadership |
Gaurav Anand | CEO & Founder | Leadership |
Sathyan Venkat | Head Of Finance | Leadership |
Lalit Kumar Bhojwani | Global Digital Marketing Head | Leadership |
Parveen Rana | Branch Head | Leadership |
Vikas Dhillon | Head Of Service Delivery | Leadership |
Samrat Majumder | Branch Sales Manager | Team |
Praveen Sharma | Software Engineer | Team |
Divyanshi Johri | Associate Software Developer | Team |
Shweta Singh | Software Engineer | Team |
65 more people are available in the full profile.
Complete people profiles for Decimal Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Decimal Technologies
Figures of Decimal Technologies Private Limited, the primary company behind Decimal Technologies, for FY 2024. Revenue was ₹60.26 Cr (+13% year on year). Net profit was ₹2.62 Cr (4% margin). EBITDA was ₹7.57 Cr (13% margin). Revenue has grown at a compounded annual rate of +27% over three years and +24% over five years.
- ₹60.26 CrRevenue · FY 2024 · +13% YoY
- ₹2.62 CrNet profit · 4% margin
- ₹7.57 CrEBITDA · 13% margin
- ₹54 LakhPaid-up capital
- 370Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Decimal Technologies Private Limited are on its company page.
Detailed financial statements for Decimal Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Decimal Technologies
4 dated milestones of Decimal Technologies across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Decimal Technologies is founded.
- Funding First funding round of $436K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.0M.
Competitors of Decimal Technologies
Decimal Technologies has 9 listed competitors in our database, 9 of them funded. They include Codat, Banked, Yodlee, Bud and Method, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| codat.io | 2017 | London, United Kingdom | $172.46M | 210 | Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses | |
| banked.com | 2018 | London, United Kingdom | $39.85M | 25 | Open banking APIs for payments and data access are provided. | |
| yodlee.com | 1999 | Redwood, United States | $84.31M | 214 | Cloud-based data aggregation and analytics for financial institutions are offered. | |
| thisisbud.com | 2015 | London, United Kingdom | $102.54M | 86 | Bud Financial is focused on transforming transaction data into actionable insights for financial institutions. | |
| methodfi.com | 2019 | Austin, United States | $60M | – | API-enabled debt repayment tools are provided for financial services. | |
| orum.io | 2019 | United States | $82.2M | 73 | open banking API solutions | |
| yapp.li | 2013 | Tokyo, Japan | $29.7M | – | Mobile apps are built via a no-code drag-and-drop platform. | |
| fabrick.com | 2018 | Milan, Italy | $42.87M | – | Open banking platform is developed for fintech firms and banks. | |
| finarkein.com | 2019 | Pune, India | $5.78M | 58 | AI powered data analytics platform for the BFSI industry |
Detailed competitors of Decimal Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Decimal Technologies
The website of Decimal Technologies (decimaltech.com) receives about 6.1K visits a month.
- Monthly visits6.1K
▼ 31.9% vs previous month
Websites whose visitors overlap most with Decimal Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sundewsolutions.com | 100% | 3.2K | #5,311,748 | View details | |
felix-its.com | felix-its.com | 97% | – | #4,659,515 | – |
| csm.tech | 87% | 46.9K | #388,030 | View details | |
suryodaymf.com | suryodaymf.com | 79% | – | – | – |
| uxdesigninstitute.com | 76% | 225.3K | #203,123 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Decimal Technologies
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- 9 similar websites
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Top companies in Customer Experience & Support Software
10 companies that operate in the same segment as Decimal Technologies (Customer Experience & Support Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
AI powered customer experience management software | 2001 | Pleasanton, California, United States | USD 344.39 M | USD 477.22 M | 5,437 | |
Cloud-based omnichannel customer experience and contact center solutions are delivered. | 1990 | Daly City, California, United States | USD 3.01 B | – | 651 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
SaaS platform enables digital adoption and customer self-service. | 2013 | San Jose, California, United States | USD 265.51 M | USD 52.03 M | 836 | |
Cloud-based unified communication solutions including voice and video are provided. | 2011 | San Ramon, California, United States | USD 475.91 M | USD 4.12 M | 1,511 | |
Provider of AI and cloud based contact center suite solutions | 2001 | San Ramon, California, United States | USD 84.1 M | USD 1.15 B | 3,070 | |
Cloud and AI-based sales enablement platforms are provided for teams. | 2010 | San Diego, California, United States | USD 440 M | – | 1,522 | |
VoIP communication management is facilitated via a cloud-based enterprise platform. | 1999 | Raleigh, North Carolina, United States | USD 21.89 M | USD 753.82 M | 1,100 | |
Provider of customer communications management platform | 2008 | Stockholm, Sweden | USD 12 M | USD 2.94 B | 4,080 |
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Related news about 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. The company's 1st funding round was a Seed of $436.25K, raised on Mar 2022.
Decimal Technologies has 370 employees.
The primary company behind Decimal Technologies, Decimal Technologies Private Limited, reported revenue of ₹60.26 Cr for FY 2024, up 13% year on year.
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.
Decimal Technologies operates through Decimal Technologies Private Limited.