About IBSFINtech
IBSFINtech is a company based in Bengaluru (India) founded in 2006 by Chandra Mohan Grover, T M Manjunath, and Sethuraman Subramanian. IBSFINtech has raised $3.5 million across 9 funding rounds from investors including Prime Securities, Dr Praveen and Prem Rajani. The company has 49 employees as of April 01, 2024. IBSFINtech offers products and services including InTReaX SaaS TMS and VNDZY Supply Chain Finance Solution. IBSFINtech operates in a competitive market with competitors including IoTeX, Bottomline Technologies, SunGard, Finastra and GTreasury, among others.
- Headquarter Bengaluru, India
- Employees 49 as on 01 Apr, 2024
- Founders Chandra Mohan Grover, T M Manjunath, Sethuraman Subramanian
- Stage Minicorn
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Sectors
Technology
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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 Ibs Fintech India Private Limited
- Date of Incorporation 06 Nov, 2006
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$1.9 M (USD)47.85as on Mar 31, 2024
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Net Profit
$83.38 K (USD)-44.86as on Mar 31, 2024
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EBITDA
$350.5 K (USD)56.77as on Mar 31, 2024
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Total Equity Funding
$3.5 M (USD)
in 9 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Feb 27, 2024
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Investors
Prime Securities
& 25 more
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Employee Count
49
as on Apr 01, 2024
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Products & Services of IBSFINtech
IBSFINtech offers a comprehensive portfolio of products and services, including InTReaX SaaS TMS and VNDZY Supply Chain Finance Solution.
Platform for automating treasury and risk management operations.
Solution for managing supply chain finance and trade activities.
People of IBSFINtech
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Funding Insights of IBSFINtech
IBSFINtech has successfully raised a total of $3.5M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in February 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 IBSFINtech
IBSFINtech has secured backing from 26 investors, including angel and institutional investors. Prominent investors backing the company include Prime Securities, Dr Praveen and Prem Rajani.
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Investment banking and corporate advisory services are offered.
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Investor details for IBSFINtech
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Investments & Acquisitions by IBSFINtech
Investment portfolio details for IBSFINtech
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Financial Statements - IBSFINtech
Detailed financials for IBSFINtech
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Ibsfintech Comparisons
Peer comparison for IBSFINtech
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Competitors of IBSFINtech
IBSFINtech 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 IoTeX, Bottomline Technologies, SunGard, Finastra and GTreasury, among others.
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Blockchain-based connectivity for IoT applications is facilitated.
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Cloud-based treasury management and fraud prevention solutions are provided.
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Enterprise Software
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Financial software solutions for lending, payments, and banking are provided.
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Treasury management system provider
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Accounting and Risk Management Software
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Detailed competitors of IBSFINtech
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Latest news on Ibsfintech
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Frequently Asked Questions about IBSFINtech
IBSFINtech was founded in 2006 and raised its 1st funding round 5 years after it was founded.
IBSFINtech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Chandra Mohan Grover is the current CEO of IBSFINtech. They have also founded this company.
IBSFINtech is a funded company, having raised a total of $3.5M across 9 funding rounds to date.
As of Apr 01, 2024, the latest employee count at IBSFINtech is 49.
Annual revenue of IBSFINtech is $1.9M as on Mar 31, 2024.
IBSFINtech was founded in 2006 in Bengaluru, India, as a provider in the fintech sector. Treasury and risk management solutions are offered to businesses, including tools for trade finance management, cash flow optimization, banking operations, and compliance requirements. Operations focus on supporting financial processes across various industries, with services tailored for international and domestic markets.
IBSFINtech's top competitors include IoTeX, Bottomline Technologies and Finastra.
IBSFINtech offers InTReaX SaaS TMS and VNDZY Supply Chain Finance Solution.
IBSFINtech has 26 investors. Key investors include Prime Securities, Dr Praveen, Prem Rajani, Jayakumar N, and Akshay Gupta.
The valuation of IBSFINtech is $26.74M as of Sep 2021.