ijeeva

Bengaluru, India Founded: 2015 • Age: 11 yrs Acquired By FinFusion
Provider of payment solutions for businesses

About ijeeva

ijeeva is a Financial Services company based in Bengaluru (India) founded in 2015 by Vasuki Raghavendra and Pradeep Jalisatgi, and was acquired by FinFusion in September 2024. Provider of payment solutions for businesses. The company has 56 employees. Its chief executive, as recorded, is Vasuki Raghavendra. Its Indian entity Ijeeva Software Solutions Private Limited reported revenue of β‚Ή15.90 Cr. ijeeva offers products and services including BladePay, Lovedone, and Payment Gateway. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.

Company details

Ijeeva was founded in 2015 in Bengaluru, India, as a provider of payment solutions in the fintech sector. Digital accounts and cards are issued through its platform, alongside KYC and compliance services. Transaction authorization, settlement processes, and API development are also supported. Operations focus on enabling businesses with secure financial tools in the Indian market.

  • Headquarters Bengaluru, India
  • Employees 56
  • Founders Vasuki Raghavendra, Pradeep Jalisatgi
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ijeeva.com
  • Social LinkedIn
  • Acquired by FinFusion (Sep 2024)
  • Legal Name Ijeeva Software Solutions Private Limited
  • Date of Incorporation 14 Oct, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹15.90 Cr

    FY 2025 · +4% YoY

  • Net Profit
    ₹15.2 Lakh

    FY 2025 · 1% margin

  • EBITDA
    ₹54.2 Lakh

    FY 2025 · 3% margin

  • Investors
  • Employee Count
    56
  • Acquired by
    FinFusion

    (Sep 2024)

Products & Services of ijeeva

ijeeva offers a comprehensive portfolio of products and services, including BladePay, Lovedone, and Payment Gateway.

BladePay
E-wallet

Secure digital wallet for financial transactions and payments

Lovedone
Care Platform

App for managing communication and support for elderly care

Payment Gateway
Payment Processing

Platform for collecting and processing online payments securely

Funding Insights of ijeeva

  • Total Rounds 1

All 1 funding rounds of ijeeva with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in ijeeva

ijeeva has secured backing from 1 investor. Prominent investors backing the company include FinFusion.

All
InvestorDescriptionFounded YearDomainLocation
IT consulting firm providing FinTech solutions for payments, banking, and AI integration.
2024finfusionsolutions.comEdison, United States
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Investor details for ijeeva

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Board of directors of Ijeeva Software Solutions Private Limited (ijeeva)

Ijeeva Software Solutions Private Limited is the primary company behind ijeeva. The board of Ijeeva Software Solutions Private Limited currently have 2 directors; the longest-serving is Priya Maruti Naik, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Priya Maruti Naik
DIN 07315514
Director14 Oct 201511 yrsIjeeva Software Solutions Private Limited
Vasuki Belur Raghavendrarao
DIN 06620333
Director14 Oct 201511 yrsIjeeva Software Solutions Private Limited

People of ijeeva

2 people are tracked at ijeeva (2 in leadership); the tracked headcount is 56.

NameRoleGroup
Vasuki Raghavendra
Co-Founder & CEOLeadership
Pradeep Jalisatgi
Co-Founder & CTOLeadership
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Complete people profiles for ijeeva

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Financials of ijeeva

Figures of Ijeeva Software Solutions Private Limited, the primary company behind ijeeva, for FY 2025. Revenue was ₹15.90 Cr (+4% year on year). Net profit was ₹15.2 Lakh (1% margin). EBITDA was ₹54.2 Lakh (3% margin). Revenue has grown at a compounded annual rate of -3% over three years and +26% over five years.

  • ₹15.90 CrRevenue · FY 2025 · +4% YoY
  • ₹15.2 LakhNet profit · 1% margin
  • ₹54.2 LakhEBITDA · 3% margin
  • ₹1 LakhPaid-up capital
  • 56Employees (provident fund records)
  • -3%Revenue CAGR, 3 years
  • +26%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ijeeva Software Solutions Private Limited are on its company page.

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Detailed financial statements for ijeeva

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Timeline of ijeeva

3 dated milestones of ijeeva across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded ijeeva is founded.
  2. Funding First funding round.
  3. Exit Acquired by FinFusion.

Competitors of ijeeva

ijeeva has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
mintoak.com2017Mumbai, India$24.71M140
Digital payments and engagement solutions are offered for MSMEs.
pinelabs.com1998Noida, India$1.23B3,780
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Detailed competitors of ijeeva

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Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as ijeeva (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Ijeeva

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Frequently Asked Questions about ijeeva

ijeeva was founded in 2015 and raised its 1st funding round 8 years after it was founded.

ijeeva is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vasuki Raghavendra is the CEO of ijeeva, as recorded in our data. They have also founded this company.

ijeeva has 56 employees.

The primary company behind ijeeva, Ijeeva Software Solutions Private Limited, reported revenue of β‚Ή15.90 Cr for FY 2025, up 4% year on year.

Ijeeva was founded in 2015 in Bengaluru, India, as a provider of payment solutions in the fintech sector. Digital accounts and cards are issued through its platform, alongside KYC and compliance services. Transaction authorization, settlement processes, and API development are also supported. Operations focus on enabling businesses with secure financial tools in the Indian market.

ijeeva's top competitors include Razorpay, Mintoak and Pine Labs.

ijeeva offers BladePay, Lovedone, and Payment Gateway.

ijeeva has 1 investor. Key investors include FinFusion.

ijeeva operates through Ijeeva Software Solutions Private Limited.

Yes. ijeeva was acquired by FinFusion in September 2024.

The legal entities of ijeeva currently have 2 directors, including Priya Maruti Naik, Vasuki Belur Raghavendrarao.

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