About Dvara Solutions
Dvara Solutions is a Financial Services company based in Bengaluru (India) founded in 2017 by Samir Shah. Dvara Solutions is recognized as a financial technology provider. It operates on a SaaS (Software-as-a-Service) and FinTech model. Dvara Solutions has raised $26.69 million across 3 funding rounds from investors including LeapFrog Investments, Accion and Kapil Gupta. The company has 45 employees. Its chief executive is Vijay Chand. Its Indian entity Dvara Solutions Private Limited reported revenue of ₹18.25 Cr. Dvara Solutions offers products and services including Perdix, Perdix.AI, and Sarathi. Its focus areas include Technology, Financial Technology and Lending Solutions. Its competitors include Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Dvara Solutions is established as a provider of financial technology solutions. The company focuses on automating processes for financial institutions through platforms like Perdix and Perdix.AI. Services are extended across sectors such as SME lending, microfinance, and housing finance. Comprehensive digitization of customer-facing processes is offered to enhance efficiency. Solutions are tailored to support multiple asset classes and integrate with partners via open APIs. Operations are supported in various Indian cities including Chennai and Bangalore.
- Headquarters Bengaluru, India
- Employees 45
- Founders Samir Shah
- SectorsFinancial Services
- Website dvarasolutions.com
- Social LinkedIn X
- Legal Name Dvara Solutions Private Limited
- Date of Incorporation 18 Dec, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹18.25 Cr
FY 2025 · +14% YoY
- Net Profit₹57.1 Lakh
FY 2025 · 3% margin
- EBITDA₹2.84 Cr
FY 2025 · 16% margin
- Total Equity Funding$26.69M (USD)
in 3 rounds
- Latest Funding Round$288.84K (USD), Angel Round
Apr 2019
- InvestorsLeapFrog Investments
& 2 more
- Employee Count45
Associated legal entities of Dvara Solutions
Dvara Solutions operates through Dvara Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dvara Solutions Private Limited CIN U74999TN2017PTC120042 | Active | 18 Dec 2017 | Chennai, Tamil Nadu | ₹18.2 Cr | 45 | 9 | View details |
Products & Services of Dvara Solutions
Dvara Solutions offers a comprehensive portfolio of products and services, including Perdix, Perdix.AI, and Sarathi.
Perdix automates processes for financial institutions efficiently.
Perdix.AI offers AI-driven solutions for financial operations.
Sarathi provides AI-driven field assistance for NBFCs.
Funding Insights of Dvara Solutions
Dvara Solutions has successfully raised a total of $26.69M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $288.84 thousand completed in April 2019. 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 $26.69M
- Total Rounds 3
- Last Round Angel Round — $288,838
- First Round $22.28M
(Mar 2017)
- Investors Count 3
All 3 funding rounds of Dvara Solutions 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 |
|---|---|---|---|---|---|
| Apr 2019 | $288,838 | Angel Round | – | – | |
| Sep 2018 | $4.13M | Seed | – | LeapFrog Investments, Accion | – |
| Mar 2017 | $22.28M | Private Equity Round | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Dvara Solutions
Dvara Solutions has secured backing from 3 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include LeapFrog Investments, Accion and Kapil Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on banking, finance, healthcare, and multiple sectors | 2007 | leapfroginvest.com | Johannesburg, South Africa | |
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org | - | |
KG Kapil Gupta | - | – | unknown_9dd8c664fe6e4a77b | - |
Investor details for Dvara Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Dvara Solutions Private Limited (Dvara Solutions)
Dvara Solutions Private Limited is the primary company behind Dvara Solutions. The board of Dvara Solutions Private Limited currently have 8 directors; the longest-serving is Samir Amrit Shah, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Samir Amrit Shah DIN 00912693 | Director | 16 May 2018 | 8 yrs 5 mo | Dvara Solutions Private Limited |
| Kapil Gupta DIN 03510230 | Nominee Director | 03 Apr 2019 | 7 yrs 6 mo | Dvara Solutions Private Limited |
| Anal Jain Kumar DIN 01239653 | Director | 13 Nov 2019 | 6 yrs 11 mo | Dvara Solutions Private Limited |
| Madhusudhanan Srinivasan DIN 09523112 | Director | 10 Mar 2022 | 4 yrs 7 mo | Dvara Solutions Private Limited |
| John Henry Fischer DIN 07908218 | Nominee Director | 08 Sep 2022 | 4 yrs 1 mo | Dvara Solutions Private Limited |
| Vijay Chand DIN 10211299 | Managing Director | 01 Jul 2023 | 3 yrs 3 mo | Dvara Solutions Private Limited |
| Arunkumar Nerur Thiagarajan DIN 02407722 | Director | 28 Sep 2023 | 3 yrs | Dvara Solutions Private Limited |
| Pavethra Ponniah DIN 11106807 | Director | 22 Jul 2025 | 1 yr 2 mo | Dvara Solutions Private Limited |
People of Dvara Solutions
2 people are tracked at Dvara Solutions (2 in leadership); the tracked headcount is 45.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Executive Chairman | Leadership | |
| CEO & Managing Director | Leadership |
Complete people profiles for Dvara Solutions
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Financials of Dvara Solutions
Figures of Dvara Solutions Private Limited, the primary company behind Dvara Solutions, for FY 2025. Revenue was ₹18.25 Cr (+14% year on year). Net profit was ₹57.1 Lakh (3% margin). EBITDA was ₹2.84 Cr (16% margin). Revenue has grown at a compounded annual rate of +20% over three years and +11% over five years.
- ₹18.25 CrRevenue · FY 2025 · +14% YoY
- ₹57.1 LakhNet profit · 3% margin
- ₹2.84 CrEBITDA · 16% margin
- ₹11.72 CrPaid-up capital
- 45Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dvara Solutions Private Limited are on its company page.
Detailed financial statements for Dvara Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Dvara Solutions
3 dated milestones of Dvara Solutions across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Dvara Solutions is founded.
- Funding First funding round of $22.3M.
- Funding Latest funding round, Angel Round, of $289K.
Competitors of Dvara Solutions
Dvara Solutions has 8 listed competitors in our database, 6 of them funded. They include Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | – | Provides financial technology solutions for data analysis and verification globally. | |
| hyperface.co | 2021 | Bengaluru, India | $10.3M | 91 | Provider of platform for launching and managing credit card programs | |
| ascendcap.in | 2018 | Jaipur, India | $6.02M | 263 | Provider of financing solutions for electric vehicles | |
| cloudlendinginc.com | 2013 | Foster, United States | $16.15M | 148 | A cloud-based lending platform is provided for financial institutions. | |
| arthmate.com | 2020 | Gurugram, India | – | 172 | Provider of digital lending solutions and embedded finance services for SMEs and financial institutions | |
| niro.money | 2021 | Bengaluru, India | $19.57M | 300 | Provider of a platform for lending as a service management | |
| linedata.com | 1998 | – | – | 157 | Software, data, analytics, and services are provided to financial institutions. | |
| jocata.com | 2010 | Hyderabad, India | $250,000 | 1,457 | Provider of AI and cloud based financial planning and investment management solutions |
Detailed competitors of Dvara Solutions
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Web traffic of Dvara Solutions
The website of Dvara Solutions (dvarasolutions.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 3.9% vs previous month
Top companies in Alternative Lending
10 companies that operate in the same segment as Dvara Solutions (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about Dvara Solutions
Dvara Solutions was founded in 2017.
Dvara Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vijay Chand is the current CEO of Dvara Solutions.
Dvara Solutions is a funded company, having raised a total of $26.69M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $22.28M, raised on Mar 2017.
Dvara Solutions has 45 employees.
The primary company behind Dvara Solutions, Dvara Solutions Private Limited, reported revenue of ₹18.25 Cr for FY 2025, up 14% year on year.
Dvara Solutions is established as a provider of financial technology solutions. The company focuses on automating processes for financial institutions through platforms like Perdix and Perdix.AI. Services are extended across sectors such as SME lending, microfinance, and housing finance. Comprehensive digitization of customer-facing processes is offered to enhance efficiency. Solutions are tailored to support multiple asset classes and integrate with partners via open APIs. Operations are supported in various Indian cities including Chennai and Bangalore.
Dvara Solutions's top competitors include Perfios, Niro and Ascend Capital.
Dvara Solutions offers Perdix, Perdix.AI, and Sarathi.
Dvara Solutions has 3 investors. Key investors include LeapFrog Investments, Accion, and Kapil Gupta.
Dvara Solutions operates through Dvara Solutions Private Limited.
The legal entities of Dvara Solutions currently have 9 directors, including Anal Jain Kumar, Samir Amrit Shah, John Henry Fischer and others.