About ibind Systems
ibind Systems is a company based in Bengaluru (India) founded in 2023 by Santu Maity and Sanat Bhat. ibind Systems has raised $1.8 million across 1 funding round from investors including Wavemaker Partners. The company has 22 employees as of January 31, 2025. ibind Systems offers products and services including Digital Onboarding, Wallet-based KYC, and Relationship Manager Dashboard. ibind Systems operates in a competitive market with competitors including Perfios, IDnow, Signicat, Onfido and HID Global, among others.
- Headquarter Bengaluru, India
- Employees 22 as on 31 Jan, 2025
- Founders Santu Maity, Sanat Bhat
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Sectors
Financial ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Ibind Systems Private Limited
- Date of Incorporation 25 Sep, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.8 M (USD)
in 1 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Jul 01, 2024
- Investors
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Employee Count
22
as on Jan 31, 2025
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Products & Services of ibind Systems
ibind Systems offers a comprehensive portfolio of products and services, including Digital Onboarding, Wallet-based KYC, and Relationship Manager Dashboard.
Platform for swift digital KYC and onboarding processes
Secure system for reusable KYC data across financial products
Dashboard for tracking customer interactions and sales cycles
Funding Insights of ibind Systems
ibind Systems has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in July 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.
Investors in ibind Systems
ibind Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Wavemaker Partners.
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Investor details for ibind Systems
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Investments & Acquisitions by ibind Systems
Investment portfolio details for ibind Systems
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Financial Statements - ibind Systems
Detailed financials for ibind Systems
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Ibind Systems Comparisons
Peer comparison for ibind Systems
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Competitors of ibind Systems
ibind Systems 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, IDnow, Signicat, Onfido and HID Global, among others.
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Provides financial technology solutions for data analysis and verification globally.
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Automated and expert-led identity verification services are provided.
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Software solutions for identity management are provided via APIs.
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Identity verification solutions are provided, including document and biometric authentication.
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Cloud-based physical identity and access management systems are developed.
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Identity verification, background screening, and fraud prevention solutions are provided.
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Detailed competitors of ibind Systems
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Latest news on Ibind Systems
Complete news archive for ibind Systems
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Frequently Asked Questions about ibind Systems
ibind Systems was founded in 2023 and raised its 1st funding round 1 year after it was founded.
ibind Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ibind Systems is a funded company, having raised a total of $1.8M across 1 funding round to date.
As of Jan 31, 2025, the latest employee count at ibind Systems is 22.
Provider of digital onboarding and KYC solutions for banking. This company develops and delivers a streamlined digital platform for corporate and retail banking clients. The platform facilitates faster onboarding processes, enhances customer experience through a digital KYC process and wallet-based solutions, and improves data security with secure data collection and storage. It offers efficient customer due diligence (CDD) for banks, enabling swift verification and reducing fraud risk. For individuals, it simplifies access to financial products by streamlining verification and authentication. The solution aims to mitigate risks associated with legacy systems and manual processes, improving efficiency and compliance.
ibind Systems offers Digital Onboarding, Wallet-based KYC, and Relationship Manager Dashboard.
ibind Systems has 1 investor. Key investors include Wavemaker Partners.