About Infinity
Infinity is a company based in Bengaluru (India) founded in 2023 by Sidharth Choraria and Sourav Choraria. It operates as a FinTech, and Commission-Based. Infinity has raised $2.4 million across 2 funding rounds from investors including Y Combinator, Liquid 2 Ventures and Script Capital. Infinity offers products and services including Global Payments Account and Multi-Currency Accounts. Infinity operates in a competitive market with competitors including Skydo, PingPong, XFlow, InstaReM and Equiniti, among others.
- Headquarter Bengaluru, India
- Founders Sidharth Choraria, Sourav Choraria
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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 Scalifi Wealth Pvt Ltd
- Jurisdiction North 24 Pgs, West Bengal, India
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Annual Revenue
$0.33 (USD)0as on Mar 31, 2024
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Net Profit
$-15.22 K (USD)0as on Mar 31, 2024
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EBITDA
$-15.22 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$2.4 M (USD)
in 2 rounds
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Latest Funding Round
$1.9 M (USD), Seed
Dec 10, 2024
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Investors
Y Combinator
& 5 more
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Employee Count
Employee Count
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Products & Services of Infinity
Infinity offers a comprehensive portfolio of products and services, including Global Payments Account and Multi-Currency Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cross-border payments are facilitated with minimal fees.
Local currency accounts are provided for global payments.
Funding Insights of Infinity
Infinity has successfully raised a total of $2.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.9 million completed in December 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.9M
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First Round
First Round
(05 Apr 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Infinity | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Infinity | Valuation | Y Combinator |
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| 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 Infinity
Infinity has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Y Combinator, Liquid 2 Ventures and Script Capital. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on software sectors
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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 Infinity
| 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 - Infinity
| 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 |
Infinity Comparisons
Competitors of Infinity
Infinity 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 Skydo, PingPong, XFlow, InstaReM and Equiniti, 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 |
International payments are enabled for businesses through a digital platform.
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| domain | founded_year | HQ Location |
Cross-border business payments are managed via an online platform.
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| domain | founded_year | HQ Location |
Cross-border payment solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated for individuals and businesses.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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| domain | founded_year | HQ Location |
Multi-currency accounts and payment solutions are offered for global businesses.
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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 Infinity
Frequently Asked Questions about Infinity
When was Infinity founded?
Infinity was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Infinity located?
Infinity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Infinity?
Sourav Choraria is the current CEO of Infinity. They have also founded this company.
Is Infinity a funded company?
Infinity is a funded company, having raised a total of $2.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Apr 05, 2024.
What is the annual revenue of Infinity?
Annual revenue of Infinity is $0.33 as on Mar 31, 2024.
What does Infinity do?
Cross-border payment services are offered by Infinity, targeting freelancers, startups, exporters, and e-commerce businesses. Operations are conducted through a technology platform in partnership with RBI-regulated banks under the AD-I framework. Solutions include global payment accounts and multi-currency accounts supporting over 160 currencies. Transparent pricing with minimal fees is emphasized, alongside compliance and security. Sectors served include small and medium businesses with a focus on seamless international transactions.
Who are the top competitors of Infinity?
What products or services does Infinity offer?
Infinity offers Global Payments Account and Multi-Currency Accounts.
Who are Infinity's investors?
Infinity has 6 investors. Key investors include Y Combinator, Liquid 2 Ventures, Script Capital, Alan Rutledge, and Justin Hamilton.