Dice

Pune, India Founded: 2018 • Age: 8 yrs Minicorn Acquired By Zaggle
Corporate spend management and payment solutions are provided by Dice.

About Dice

Dice is a Technology company based in Pune (India) founded in 2018 by Prashant Kushwah and Sonam Khubchandani, and was acquired by Zaggle in June 2025. Corporate spend management and payment solutions are provided by Dice. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Dice has raised $6.55 million across 6 funding rounds from investors including Zaggle, LetsVenture and Agility. The company has 1 employees. Dice was last valued at $20.9 million in February 2023. Its chief executive, as recorded, is Prashant Kushwah. Its website dice.tech draws about 26 thousand monthly visits. Its Indian entity Dice Enterprises Private Limited reported revenue of β‚Ή10.86 Cr. Dice offers products and services including Procurement, Accounts Payable, Expense, Travel, and Bill Payments. Its focus areas include Financial Technology and Spend Management.

Company details

Dice is established as a corporate spend orchestration, digital commerce, and payments platform for enterprises. Operations are streamlined through no-code workflows, compliance rules, and integration capabilities. Solutions are provided in procurement, accounts payable, expense management, travel, and bill payments. The platform serves diverse industries including FMCG, manufacturing, retail, and logistics. A connected ecosystem is maintained, hosting over 500,000 employees and 150,000 vendors monthly, with transactions worth 1.5 billion annually. Collaboration with leading enterprises and partners is facilitated to enhance spend management and financial services.

  • Headquarters Pune, India
  • Employees 1
  • Founders Prashant Kushwah, Sonam Khubchandani
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website dice.tech
  • Social LinkedIn Instagram
  • Acquired by Zaggle (Jun 2025)
  • Legal Name Dice Enterprises Pvt Ltd
  • Date of Incorporation 12 Jan, 2018
  • Jurisdiction Balaghat, Madhya Pradesh, India
Key Metrics
  • Annual Revenue
    ₹10.86 Cr

    FY 2025 · +72% YoY

  • Net Loss
    -₹16.40 Cr

    FY 2025 · -151% margin

  • EBITDA
    -₹21.06 Cr

    FY 2025 · -194% margin

  • Total Equity Funding
    $6.55M (USD)

    in 6 rounds

  • Latest Funding Round
    $5.03M (USD), Series A

    Jun 2024

  • Investors
    Zaggle

    & 11 more

  • Employee Count
    1
  • Acquired by
    Zaggle

    (Jun 2025)

Products & Services of Dice

Dice offers a comprehensive portfolio of products and services, including Procurement, Accounts Payable, Expense, Travel, and Bill Payments.

Procurement
Spend Management

Automation of procurement processes is provided for efficiency.

Accounts Payable
Finance Management

Intelligent invoicing solutions are offered for finance teams.

Expense
Spend Management

Employee expense management is simplified with full visibility.

Travel
Travel Management

Business travel planning and booking are made easy.

Bill Payments
Payment Automation

Utility and subscription payments are automated with ease.

Funding Insights of Dice

Dice has successfully raised a total of $6.55M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.03 million completed in June 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 $6.55M
  • Total Rounds 6
  • Last Round Series A β€” $5.03M
  • First Round $15,384

    (Apr 2018)

  • Investors Count 11

All 6 funding rounds of Dice with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$5.03MSeries A–Dallas Venture Capital
Feb 2023$723,947Seed$20.9M–
Jul 2021$510,842Seed$9.88MAbhishek Khurana
Nov 2020$20,223Seed$β€’β€’β€’β€’β€’IIT Mandi Catalyst
–
Mar 2019$246,137Angel Round$β€’β€’β€’β€’β€’Pavitar Singh
Apr 2018$15,384Seed$β€’β€’β€’β€’β€’IIT Mandi Catalyst
–
Valuation history
DateValuationStage
Feb 2023$20.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2021$9.88Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Dice

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Last known valuation $20.9M (Feb 2023). 12 investors in total: 8 institutional and 4 angel.

Investors in Dice

Dice has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Zaggle, LetsVenture and Agility.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund and startup accelerator focused on technology sectors
dallasvc.comIrving, United States
Venture capital investments are made in Indian startups across multiple sectors.
1990gvfl.comAhmedabad, India
Business solutions for retailers are provided by Vista Business Ventures.
Mumbai, India
Private equity firm focused on logistics, transportation, industrial real estate, and technologies
1979agility.comKhemisset, Morocco
Incubation and support for startups in technology and innovation in the Himalayan region.
2016iitmandicatalyst.inMandi, India
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
Business spends, payments, and rewards are streamlined by automated workflows.
2011zaggle.inHyderabad, India

Sidharth Rozario

unknown_bb8408907d73418b8

Aakash Singh

unknown_25d97c940bd644db9
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Investor details for Dice

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Verified entity values are shown only after access is granted.

Board of directors of Dice Enterprises Private Limited (Dice)

Dice Enterprises Private Limited is the primary company behind Dice. The board of Dice Enterprises Private Limited currently have 4 directors; the longest-serving is Prashant Singh Kushwah, appointed in 2018. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prashant Singh Kushwah
DIN 08051293
Director12 Jan 20188 yrs 9 moDice Enterprises Private Limited
Sonam Khubchandani
DIN 10548101
Director13 Mar 20242 yrs 7 moDice Enterprises Private Limited
Gokul Subramanian Dixit
DIN 00357170
Nominee Director02 Sep 20242 yrs 2 moDice Enterprises Private Limited
Mihirkumar Arvind Joshi
DIN 00823615
Nominee Director02 Sep 20242 yrs 2 moDice Enterprises Private Limited

People of Dice

25 people are tracked at Dice (12 in leadership, 13 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CROLeadership
Vibhuti Narayan
VP Of Engineering (backend)Leadership
Corrado Cantatore
President & CEOLeadership
Ca Anshul Ajmera
CFO & Ceo's OfficeLeadership
Karan Kumar
VP Of Engineering (frontend)Leadership
Aavishkar Mahajan
Partner Success & Business Growth LeadLeadership
Neeraj Rai
Head Client Engagement & Customer Support ManagementLeadership
Ishan Acharya
Vice President OperationsLeadership
Nitesh Nahar
Senior Vice President Of EngineeringLeadership
Vasu K.
Director Partner ActivationLeadership
Abhishek C.
Head Of SalesLeadership
Sanket Nalkande
Quality Assurance ManagerTeam
Vivek Shah
Channel Partnerships ManagerTeam
Prasanna Ambadkar
Devops EngineerTeam
Manohar Vashishta
Founding Member II Strategic Partnerships & New BusinessTeam
Sri Lakshmi
Solutions SpecialistTeam
Chandrakant Raut
Asssociate- Support OperationsTeam
Ayush S
Enterprise Account ExecutiveTeam
Ravin K.
Senior Software Development EngineerTeam

5 more people are available in the full profile.

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Financials of Dice

Figures of Dice Enterprises Private Limited, the primary company behind Dice, for FY 2025. Revenue was ₹10.86 Cr (+72% year on year). Net loss was -₹16.40 Cr (-151% margin). EBITDA was -₹21.06 Cr (-194% margin). Revenue has grown at a compounded annual rate of +98% over three years and +120% over five years.

  • ₹10.86 CrRevenue · FY 2025 · +72% YoY
  • -₹16.40 CrNet loss · -151% margin
  • -₹21.06 CrEBITDA · -194% margin
  • ₹1.9 LakhPaid-up capital
  • 95Employees (provident fund records)
  • +98%Revenue CAGR, 3 years
  • +120%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Dice Enterprises Private Limited are on its company page.

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Detailed financial statements for Dice

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Timeline of Dice

5 dated milestones of Dice across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dice is founded.
  2. Funding First funding round of $15K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $5.0M.
  5. Exit Acquired by Zaggle.

Web traffic of Dice

The website of Dice (dice.tech) receives about 26.3K visits a month.

  • Monthly visits
    26.3K

    ▼ 15.7% vs previous month

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Related news about Dice

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Frequently Asked Questions about Dice

Dice was founded in 2018.

Dice is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Prashant Kushwah is the CEO of Dice, as recorded in our data. They have also founded this company.

Dice is a funded company, having raised a total of $6.55M across 6 funding rounds to date. The company's 1st funding round was a Seed of $15.38K, raised on Apr 2018.

Dice has 1 employees.

The primary company behind Dice, Dice Enterprises Private Limited, reported revenue of β‚Ή10.86 Cr for FY 2025, up 72% year on year.

Dice is established as a corporate spend orchestration, digital commerce, and payments platform for enterprises. Operations are streamlined through no-code workflows, compliance rules, and integration capabilities. Solutions are provided in procurement, accounts payable, expense management, travel, and bill payments. The platform serves diverse industries including FMCG, manufacturing, retail, and logistics. A connected ecosystem is maintained, hosting over 500,000 employees and 150,000 vendors monthly, with transactions worth 1.5 billion annually. Collaboration with leading enterprises and partners is facilitated to enhance spend management and financial services.

Dice offers Procurement, Accounts Payable, Expense, Travel, and Bill Payments.

Dice has 12 investors. Key investors include Zaggle, LetsVenture, Agility, Gujarat Venture Finance, and IIT Mandi Catalyst.

The valuation of Dice is $20.9M as of Feb 2023.

Dice operates through Dice Enterprises Private Limited.

Yes. Dice was acquired by Zaggle in June 2025.

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