About Hyperface
Hyperface is a company based in Bengaluru (India) founded in 2021 by Ramanathan Radhakrishnan Viswanathan and Aishwarya Jaishankar.. Hyperface has raised $10.3 million across 3 funding rounds from investors including Flipkart, Groww and Angel List. The company has 60 employees as of April 09, 2024. Hyperface operates in a competitive market with competitors including Perfios, Ascend Capital, Cloud Lending, Niro and Linedata, among others.
- Headquarter Bengaluru, India
- Employees 60 as on 09 Apr, 2024
- Founders Ramanathan Radhakrishnan Viswanathan, Aishwarya Jaishankar
- Stage Minicorn
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Sectors
Financial Services
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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 Hyperface Technologies Private Limited
- Date of Incorporation 06 Feb, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$749.92 K (USD)10993677.87as on Mar 31, 2023
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Net Profit
$-596.56 K (USD)-109624492.4as on Mar 31, 2023
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EBITDA
$-474.13 K (USD)-26597294.12as on Mar 31, 2023
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Total Equity Funding
$10.3 M (USD)
in 3 rounds
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Latest Funding Round
$9 M (USD), Seed
Jul 13, 2022
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Investors
Flipkart
& 42 more
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Employee Count
60
as on Apr 09, 2024
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Funding Insights of Hyperface
Hyperface has successfully raised a total of $10.3M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $9 million completed in July 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 3
- Last Round Seed — $9.0M
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First Round
First Round
(09 Sep 2021)
- Investors Count 43
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Hyperface | Valuation | 3one4 Capital , Flipkart | |
| Dec, 2021 | Amount | Seed - Hyperface | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - Hyperface | Valuation |
investors |
| 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 Hyperface
Hyperface has secured backing from 43 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Groww and Angel List. 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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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is provided to startups by Rebalance.
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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 Hyperface
| 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 - Hyperface
| 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 |
Hyperface Comparisons
Competitors of Hyperface
Hyperface 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 Perfios, Ascend Capital, Cloud Lending, Niro and Linedata, 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 |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Provider of financing solutions for electric vehicles
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| domain | founded_year | HQ Location |
A cloud-based lending platform is provided for financial institutions.
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| domain | founded_year | HQ Location |
Provider of a platform for lending as a service management
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| domain | founded_year | HQ Location |
Software, data, analytics, and services are provided to financial institutions.
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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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Latest news on Hyperface
Frequently Asked Questions about Hyperface
When was Hyperface founded?
Hyperface was founded in 2021.
Where is Hyperface located?
Hyperface is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Hyperface?
Ramanathan Radhakrishnan Viswanathan is the current CEO of Hyperface. They have also founded this company.
Is Hyperface a funded company?
Hyperface is a funded company, having raised a total of $10.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Sep 09, 2021.
How many employees does Hyperface have?
As of Apr 09, 2024, the latest employee count at Hyperface is 60.
What is the annual revenue of Hyperface?
Annual revenue of Hyperface is $749.92K as on Mar 31, 2023.
What does Hyperface do?
Hyperface was founded in 2021 in Bengaluru, India, as a provider of a platform focused on the fintech sector. Tools for customer engagement, retention, and growth are offered via APIs and customizable user journeys. Credit lines are designed, configured, and managed, while co-branded credit card programs are enabled with integrations and security features. Origination processes are supported to tailor user experiences and enhance conversion rates.
Who are the top competitors of Hyperface?
Hyperface's top competitors include Perfios, Niro and Ascend Capital.
Who are Hyperface's investors?
Hyperface has 43 investors. Key investors include Flipkart, Groww, Angel List, 3one4 Capital, and Rocket Internet.
What is Hyperface's valuation?
The valuation of Hyperface is $65.04M as of Jul 2022.
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