About Dvara Money
Dvara Money is a company based in Bengaluru (India) founded in 2018 by Samir Shah and Pramod Ghorpade.. The company has 44 employees as of April 09, 2024. Dvara Money offers products and services including Spark Account and Spark Money. Dvara Money operates in a competitive market with competitors including Kaleidofin, Tala, Acru, Siply and Wizely, among others.
- Headquarter Bengaluru, India
- Employees 44 as on 09 Apr, 2024
- Founders Samir Shah, Pramod Ghorpade
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Dvara Money Private Limited
- Date of Incorporation 25 Sep, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$37.78 K (USD)36.31as on Mar 31, 2023
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Net Profit
$-2.96 M (USD)-247.4as on Mar 31, 2023
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EBITDA
$-2.83 M (USD)-279.67as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
44
as on Apr 09, 2024
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Products & Services of Dvara Money
Dvara Money offers a comprehensive portfolio of products and services, including Spark Account and Spark Money. 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.
Diversified account for savings, loans, gold, and tax management.
Secure app for personalized financial services and offerings.
Funding Insights of Dvara Money
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Dvara Money
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dvara Money
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dvara Money Comparisons
Competitors of Dvara Money
Dvara Money 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 Kaleidofin, Tala, Acru, Siply and Wizely, 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.
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| domain | founded_year | HQ Location |
Provider of financial technology solutions for inclusive lending
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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Micro-savings are enabled via app for mutual fund investments.
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| domain | founded_year | HQ Location |
Provider of micro‑savings and financial inclusion services via AI‑driven app
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| domain | founded_year | HQ Location |
Automated savings are managed through a goal-oriented mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dvara Money
Frequently Asked Questions about Dvara Money
When was Dvara Money founded?
Dvara Money was founded in 2018.
Where is Dvara Money located?
Dvara Money is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Dvara Money have?
As of Apr 09, 2024, the latest employee count at Dvara Money is 44.
What is the annual revenue of Dvara Money?
Annual revenue of Dvara Money is $37.78K as on Mar 31, 2023.
What does Dvara Money do?
Founded in 2018 and based in Bengaluru, India, Dvara Money operates in the wealth management sector. Diversified financial accounts are offered, incorporating savings, loans, and tax solutions. Technology, including mobile platforms, is leveraged to enable personalized financial management and enhanced customer experiences. Partnerships are utilized to develop tailored products for specific demographics.
Who are the top competitors of Dvara Money?
Dvara Money's top competitors include Kaleidofin, Tala and Acru.
What products or services does Dvara Money offer?
Dvara Money offers Spark Account and Spark Money.