About HiSAVE
HiSAVE is a company based in Mumbai (India) founded in 2021 by Sandeep Sharma.. HiSAVE has raised $100 thousand across 1 funding round. The company has 1 employees as of April 02, 2024. HiSAVE offers products and services including HiSAVE App and HiSAVE for Business. HiSAVE operates in a competitive market with competitors including Visa, Manipal Payment and Identity Solutions, RuPay and Upiadda, among others.
- Headquarter Mumbai, India
- Employees 1 as on 02 Apr, 2024
- Founders Sandeep Sharma
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mwin Fintech Private Limited
- Date of Incorporation 22 Dec, 2021
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$2.23 K (USD)0as on Mar 31, 2023
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Net Profit
$-12.96 K (USD)-1378.27as on Mar 31, 2023
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EBITDA
$-14.89 K (USD)-1244.76as on Mar 31, 2023
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Apr 01, 2022
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Investors
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Employee Count
1
as on Apr 02, 2024
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Products & Services of HiSAVE
HiSAVE offers a comprehensive portfolio of products and services, including HiSAVE App and HiSAVE for Business. 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.
App for personalized offers and cashback on payments
Platform for creating and promoting business offers and deals
Funding Insights of HiSAVE
HiSAVE has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in April 2022. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $100,000
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First Round
First Round
(01 Apr 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - HiSAVE | Valuation |
investors |
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| 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 |
Investments & Acquisitions by HiSAVE
| 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 - HiSAVE
| 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 |
Hisave Comparisons
Competitors of HiSAVE
HiSAVE 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 Visa, Manipal Payment and Identity Solutions, RuPay and Upiadda, 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 |
Digital payment solutions are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
A fintech company offering banking networks and smart card manufacturing solutions
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| domain | founded_year | HQ Location |
Offers a range of RuPay credit, debit, and prepaid cards for financial transactions.
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| domain | founded_year | HQ Location |
Delivers comprehensive payment products and enabler services for businesses.
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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 HiSAVE
When was HiSAVE founded?
HiSAVE was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is HiSAVE located?
HiSAVE is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of HiSAVE?
Sandeep Sharma is the current CEO of HiSAVE. They have also founded this company.
Is HiSAVE a funded company?
HiSAVE is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Apr 01, 2022.
How many employees does HiSAVE have?
As of Apr 02, 2024, the latest employee count at HiSAVE is 1.
What is the annual revenue of HiSAVE?
Annual revenue of HiSAVE is $2.23K as on Mar 31, 2023.
What does HiSAVE do?
HiSAVE was founded in 2021 in Mumbai, India, within the fintech sector. A patented tool is provided to aggregate discounts and offers across payment methods, enabling personalized identification of optimal deals for users. Businesses are supported through cashback and referral programs to boost sales, engagement, and loyalty. Partnerships with financial institutions and organizations are utilized to extend operational reach and capabilities.
Who are the top competitors of HiSAVE?
HiSAVE's top competitors include Visa, Manipal Payment and Identity Solutions and RuPay.
What products or services does HiSAVE offer?
HiSAVE offers HiSAVE App and HiSAVE for Business.
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