About Giverly
Giverly is a Technology company based in Gurugram (India) founded in 2021 by Manvi Mehra, Jazlaan Saeed, and Sagar Menon. NFC-enabled prepaid corporate cards are issued for employee expenses. It operates in the Technology and Financial Services sectors. Giverly has raised $182.41 thousand across 3 funding rounds from investors including India Accelerator, Harish Menon and Indian Angel Network. The company has 1 employees. Giverly was last valued at $2.94 million in August 2023. Its chief executive, as recorded, is Sagar Menon. Its Indian entity Giverly India Private Limited reported revenue of ₹14.5 Lakh. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Zaggle, Karbon and Happay; 3 of its 3 listed competitors have raised funding.
Company details
Giverly was founded in 2021 and is based in Gurugram, India. Operations focus on the fintech sector, where NFC-enabled prepaid corporate cards are provided to employees for managing daily expenses such as shopping, dining, and travel. Tax benefits are offered through donation-based deductions, alongside a charity cashback platform that converts online purchases into donations for social issues. Integration is supported via a dedicated panel for one-click payments.
- Headquarters Gurugram, India
- Employees 1
- Founders Manvi Mehra, Jazlaan Saeed, Sagar Menon
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website giverly.in
- Social LinkedIn X Facebook
- Legal Name Giverly India Private Limited
- Date of Incorporation 26 May, 2022
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹14.5 Lakh
FY 2024 · +4527% YoY
- Net Loss-₹64.6 Lakh
FY 2024 · -445% margin
- EBITDA-₹56.6 Lakh
FY 2024 · -390% margin
- Total Equity Funding$182.41K (USD)
in 3 rounds
- Latest Funding Round$50.53K (USD), Angel Round
Apr 2024
- InvestorsIndia Accelerator
& 15 more
- Employee Count1
Associated legal entities of Giverly
Giverly operates through Giverly India 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 |
|---|---|---|---|---|---|---|---|
| Giverly India Private Limited CIN U74999HR2022PTC103945 | Active | 26 May 2022 | Gurugram, Haryana | ₹0.1 Cr | 2 | View details |
Funding Insights of Giverly
Giverly has successfully raised a total of $182.41K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $50.53 thousand completed in April 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 $182,414
- Total Rounds 3
- Last Round Angel Round — $50,528
- First Round $74,261
(Dec 2022)
- Investors Count 16
All 3 funding rounds of Giverly 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 2024 | $50,528 | Angel Round | – | Bharat Makkar, Adarsh Nair | |
| Aug 2023 | $57,625 | Angel Round | $2.94M | – | |
| Dec 2022 | $74,261 | Seed | $1.04M | Indian Angel Network |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $2.94M | •••••••• |
| Dec 2022 | $1.04M | •••••••• |
Last known valuation $2.94M (Aug 2023). 16 investors in total: 2 institutional and 14 angel.
Investors in Giverly
Giverly has secured backing from 16 investors, including angel and venture fund investors. Prominent investors backing the company include India Accelerator, Harish Menon and Indian Angel Network.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
HM Harish Menon | Angel investor and entrepreneur, focusing on tech startups in India. | unknown_03586b37542a43e6a | ||
VT Viren Thakur | Angel investor and entrepreneur with focus on tech startups in India. | unknown_4930fd94f3ba445fa | ||
AG Aakash Gupta | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_87cf064ccd7647228 | ||
AL Amit Lal Singh | unknown_3a4b82b1b062411c8 | |||
SS Sarabjeet Singh | Angel investor and entrepreneur, co-founder of Cashify, focused on tech startups | unknown_5624b13efaa74474b | ||
AC Akash Chandrakar | Angel investor and entrepreneur, co-founder of Cashify, focused on tech startups | unknown_7063ec824ac34f139 | ||
RS Ritesh Shergill | unknown_6e883798768a423fb | |||
RA Rashi Agarwal | Co-founder of Zypp Electric, active angel investor in Indian startups | unknown_4abe4cf7f205496da |
Investor details for Giverly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Giverly India Private Limited (Giverly)
Giverly India Private Limited is the primary company behind Giverly. The board of Giverly India Private Limited currently have 2 directors; the longest-serving is Manvi Mehra, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manvi Mehra DIN 09620857 | Director | 26 May 2022 | 4 yrs 5 mo | Giverly India Private Limited |
| Sagar Menon DIN 09620858 | Director | 26 May 2022 | 4 yrs 5 mo | Giverly India Private Limited |
People of Giverly
3 people are tracked at Giverly (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Jazlaan Saeed | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for Giverly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Giverly
Figures of Giverly India Private Limited, the primary company behind Giverly, for FY 2024. Revenue was ₹14.5 Lakh (+4527% year on year). Net loss was -₹64.6 Lakh (-445% margin). EBITDA was -₹56.6 Lakh (-390% margin).
- ₹14.5 LakhRevenue · FY 2024 · +4527% YoY
- -₹64.6 LakhNet loss · -445% margin
- -₹56.6 LakhEBITDA · -390% margin
- ₹12,180Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Giverly India Private Limited are on its company page.
Detailed financial statements for Giverly
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Giverly
4 dated milestones of Giverly across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Giverly is founded.
- Funding First funding round of $74K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $51K.
Competitors of Giverly
Giverly has 3 listed competitors in our database, 3 of them funded. They include Zaggle, Karbon and Happay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zaggle.in | 2011 | Hyderabad, India | $13.75M | 440 | Business spends, payments, and rewards are streamlined by automated workflows. | |
| karboncard.com | 2019 | Bengaluru, India | $30.2M | 142 | International payment and corporate expense solutions are offered to businesses. | |
| happay.com | 2012 | Bengaluru, India | $22.35M | 225 | Expense management software and corporate cards are offered to businesses. |
Detailed competitors of Giverly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Giverly
Complete news archive for Giverly
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Giverly
Giverly was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Giverly is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sagar Menon is the CEO of Giverly, as recorded in our data. They have also founded this company.
Giverly is a funded company, having raised a total of $182.41K across 3 funding rounds to date. The company's 1st funding round was a Seed of $74.26K, raised on Dec 2022.
Giverly has 1 employees.
The primary company behind Giverly, Giverly India Private Limited, reported revenue of ₹14.5 Lakh for FY 2024, up 4527% year on year.
Giverly was founded in 2021 and is based in Gurugram, India. Operations focus on the fintech sector, where NFC-enabled prepaid corporate cards are provided to employees for managing daily expenses such as shopping, dining, and travel. Tax benefits are offered through donation-based deductions, alongside a charity cashback platform that converts online purchases into donations for social issues. Integration is supported via a dedicated panel for one-click payments.
Giverly has 16 investors. Key investors include India Accelerator, Harish Menon, Indian Angel Network, Viren Thakur, and Aakash Gupta.
The valuation of Giverly is $2.94M as of Aug 2023.
Giverly operates through Giverly India Private Limited.
The legal entities of Giverly currently have 2 directors, including Manvi Mehra, Sagar Menon.