About ExpenseBit
ExpenseBit is a Technology company based in Bengaluru (India) founded in 2016 by Anoop Chaurasia and Aravind Raju. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its legal entity in India is Vumonic Technologies Private Limited (U72900KA2016PTC094418). Its competitors include moFi, WealthPack and SpendWize.
Company details
Developer of a personal finance management mobile application. This application helps users track daily expenses, manage budgets, and monitor spending across various categories. It integrates with e-commerce platforms to automatically log online purchases and provides features for offline expense tracking. The application also offers tools to compare prices across different vendors, receive notifications on price drops, and manage travel expenses, including ticket tracking. Users can view their spending history, balance information from linked wallets, and receive notifications about relevant deals and purchases. The application prioritizes user privacy and data security.
- Headquarters Bengaluru, India
- Founders Anoop Chaurasia, Aravind Raju
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website expensebit.com
- Social LinkedIn X Facebook Instagram
- Legal Name Vumonic Technologies Private Limited
- Date of Incorporation 23 Jun, 2016
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹67.8 Lakh
FY 2024 · 0% margin
- EBITDA-₹67.5 Lakh
FY 2024 · 0% margin
Associated legal entities of ExpenseBit
ExpenseBit operates through Vumonic 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 |
|---|---|---|---|---|---|---|---|
| Vumonic Technologies Private Limited CIN U72900KA2016PTC094418 | Active | 23 Jun 2016 | Bangalore, Karnataka | 2 | View details |
Board of directors of Vumonic Technologies Private Limited (ExpenseBit)
Vumonic Technologies Private Limited is the primary company behind ExpenseBit. The board of Vumonic Technologies Private Limited currently have 2 directors; the longest-serving is Aravind Raju, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aravind Raju DIN 07528339 | Director | 23 Jun 2016 | 10 yrs 4 mo | Vumonic Technologies Private Limited |
| Anoop Kumar Chaurasia DIN 07522704 | Director | 23 Jun 2016 | 10 yrs 4 mo | Vumonic Technologies Private Limited |
People of ExpenseBit
2 people are tracked at ExpenseBit (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for ExpenseBit
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Financials of ExpenseBit
Figures of Vumonic Technologies Private Limited, the primary company behind ExpenseBit, for FY 2024. Net loss was -₹67.8 Lakh (0% margin). EBITDA was -₹67.5 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over five years.
- -₹67.8 LakhNet loss · 0% margin
- -₹67.5 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vumonic Technologies Private Limited are on its company page.
Detailed financial statements for ExpenseBit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of ExpenseBit
ExpenseBit has 3 listed competitors in our database. They include moFi, WealthPack and SpendWize.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mofi.in | 2015 | Gurugram, India | Offers a user-friendly personal finance management tool for individuals. | |||
| wealthpack.com | 2014 | Gurugram, India | Personal finance is automated with real-time updates and transaction categorization. | |||
| spendwize.in | 2013 | Bengaluru, India | An automated application for efficient expense tracking and management. |
Detailed competitors of ExpenseBit
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Web traffic of ExpenseBit
The website of ExpenseBit (expensebit.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 41.6% vs previous month
Websites whose visitors overlap most with ExpenseBit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
moneytracker.cc | moneytracker.cc | 100% | #3,368,866 | – | |
expensesmanager.in | expensesmanager.in | 95% | #967,398 | – |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as ExpenseBit (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Expensebit
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Frequently Asked Questions about ExpenseBit
ExpenseBit was founded in 2016.
ExpenseBit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Developer of a personal finance management mobile application. This application helps users track daily expenses, manage budgets, and monitor spending across various categories. It integrates with e-commerce platforms to automatically log online purchases and provides features for offline expense tracking. The application also offers tools to compare prices across different vendors, receive notifications on price drops, and manage travel expenses, including ticket tracking. Users can view their spending history, balance information from linked wallets, and receive notifications about relevant deals and purchases. The application prioritizes user privacy and data security.
ExpenseBit's top competitors include WealthPack, moFi and SpendWize.
ExpenseBit operates through Vumonic Technologies Private Limited.
The legal entities of ExpenseBit currently have 2 directors, including Aravind Raju, Anoop Kumar Chaurasia.