Ind Group

Munchen, Germany Founded: 1997 • Age: 29 yrs Acquired By Finastra
Digital channel solutions are provided to retail banks.
Request Access

About Ind Group

Ind Group is a company based in Munchen (Germany) founded in 1997 was acquired by Finastra in February 2014.. Ind Group has raised $5.56 million across 1 funding round from investors including Finastra and Euroventures. Ind Group operates in a competitive market with competitors including Amount, MANTL, Tyfone, Asseco and Technisys, among others.

  • Headquarter Munchen, Germany
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.56 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.56 M (USD), Private Equity Round

    Sep 01, 2007

  • Investors
    Finastra

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Finastra

    (Feb 10, 2014)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Ind Group

Ind Group has successfully raised a total of $5.56M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $5.56 million completed in September 2007. 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 Rounds 1
  • Last Round Private Equity Round — $5.6M
  • First Round

    (01 Sep 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2007 Amount Private Equity Round - Ind Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ind Group

Ind Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Finastra and Euroventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are made by Euroventures in early-stage tech startups.
Founded Year Domain Location
Financial software solutions for lending, payments, and banking are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ind Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ind Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ind Group Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Ind Group

Ind Group 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 Amount, MANTL, Tyfone, Asseco and Technisys, 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
Omnichannel banking solutions are provided for banks and lenders.
domain founded_year HQ Location
MANTL is recognized for providing account origination software to banks and credit unions.
domain founded_year HQ Location
Omni-channel banking solutions are provided for mobile financial services.
domain founded_year HQ Location
Omnichannel banking solutions are provided for internet and mobile platforms.
domain founded_year HQ Location
Cloud-based omnichannel banking platforms are delivered to financial institutions.
domain founded_year HQ Location
Cloud-based omnichannel banking solutions are provided to financial institutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ind Group

Frequently Asked Questions about Ind Group

When was Ind Group founded?

Ind Group was founded in 1997 and raised its 1st funding round 10 years after it was founded.

Where is Ind Group located?

Ind Group is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Is Ind Group a funded company?

Ind Group is a funded company, having raised a total of $5.56M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $5.56M, raised on Sep 01, 2007.

What does Ind Group do?

IND Group was founded in 1997 and is headquartered in Munich, Germany. Banking front office software is developed and supplied by the company within the fintech sector. Solutions encompass online and mobile banking platforms, personal finance management tools, and payment systems. These digital channels are tailored for retail banks to support customer-facing operations across Europe.

Who are the top competitors of Ind Group?

Ind Group's top competitors include Tyfone, MANTL and Narmi.

Who are Ind Group's investors?

Ind Group has 2 investors. Key investors include Finastra, and Euroventures.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available