About Grit First
Grit First is a company based in Bengaluru (India) founded in 2020 was acquired by Infibeam Avenues in June 2020.. The company has 1 employees as of April 06, 2024. Grit First operates in a competitive market with competitors including Globality, Fairmarkit, Tropic, Omnea and Mercanis, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Cardpay Technologies Private Limited
- Date of Incorporation 20 Mar, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-12.47 K (USD)58.57as on Mar 31, 2022
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EBITDA
$-541.34 (USD)98.2as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
1
as on Apr 06, 2024
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Acquired by
Infibeam Avenues
(Jun 08, 2020)
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Funding Insights of Grit First
| 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 |
Investors in Grit First
Grit First has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Infibeam Avenues. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Digital payment solutions and enterprise software platforms are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grit First
| 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 - Grit First
| 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 |
Grit First Comparisons
Competitors of Grit First
Grit First 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 Globality, Fairmarkit, Tropic, Omnea and Mercanis, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An AI-based platform for global sourcing and outsourcing is offered.
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| domain | founded_year | HQ Location |
Cloud-based tail spend management is delivered for business procurement.
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| domain | founded_year | HQ Location |
Cloud-based procurement management solutions are offered for multiple industries.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
Web-based solutions for procurement automation are provided.
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| domain | founded_year | HQ Location |
Supply chain risks are mitigated via online analytics platform.
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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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Frequently Asked Questions about Grit First
When was Grit First founded?
Grit First was founded in 2020.
Where is Grit First located?
Grit First is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Grit First have?
As of Apr 06, 2024, the latest employee count at Grit First is 1.
What does Grit First do?
Grit was founded in 2020 in Bengaluru, India, within the fintech sector. Cloud-based spend management software is offered by the company, encompassing AI-powered cards, customizable dashboards, automated invoice processing, and seamless accounting integrations. Operations are centered on streamlining business expenditures and financial workflows for organizations across various scales. The platform supports real-time visibility and control over spending activities.
Who are the top competitors of Grit First?
Grit First's top competitors include Globality, Fairmarkit and Tropic.
Who are Grit First's investors?
Grit First has 1 investor. Key investors include Infibeam Avenues.
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