About Jify
Jify is a company based in Mumbai (India) founded in 2021 by Aditya Mehta, Anisha Dossa, and Anusha Ramakrishnan was acquired by Money View in September 2024. Jify has raised $11.43 million across 2 funding rounds from investors including Money View, Accel and Nexus Venture Partners. The company has 66 employees as of December 11, 2024. Jify offers products and services including On-Demand Salary, Money Manager, and Jify Card. Jify operates in a competitive market with competitors including Clair, Refyne, Kaarva, Myfinfi and Daily Salary, among others.
- Headquarter Mumbai, India
- Employees 66 as on 11 Dec, 2024
- Founders Aditya Mehta, Anisha Dossa, Anusha Ramakrishnan
- Stage Minicorn
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Sectors
TechnologyFinancial 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 Zeo Fin Technology Private Limited
- Date of Incorporation 14 Jul, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$417.87 K (USD)275.82as on Mar 31, 2024
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Net Profit
-$1.95 M (USD)5.42as on Mar 31, 2024
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EBITDA
-$2.12 M (USD)-9.98as on Mar 31, 2024
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Total Equity Funding
$11.43 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Aug 03, 2022
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Investors
Money View
& 51 more
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Employee Count
66
as on Dec 11, 2024
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Acquired by
Money View
(Sep 12, 2024)
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Products & Services of Jify
Jify offers a comprehensive portfolio of products and services, including On-Demand Salary, Money Manager, and Jify Card.
Enables early access to earned wages without interest.
Helps track expenses and build savings for employees.
Offers rewards and salary advances for everyday spending.
Funding Insights of Jify
Jify has successfully raised a total of $11.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in August 2022. 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 Jify
Jify has secured backing from 52 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Money View, Accel and Nexus Venture Partners.
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Accel is recognized as a leading venture capital firm.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Investor details for Jify
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Investments & Acquisitions by Jify
Investment portfolio details for Jify
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Financial Statements - Jify
Detailed financials for Jify
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Jify Comparisons
Peer comparison for Jify
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Competitors of Jify
Jify 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 Clair, Refyne, Kaarva, Myfinfi and Daily Salary, among others.
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Embedded Earned Wage Access solutions are provided for HR platforms.
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Provider of earned wage access and financial wellness solutions
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Earned salaries are accessed by employees through a flexible platform.
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Employee financial benefits are delivered via a cloud-based platform.
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A cloud-based application for managing employee salaries efficiently.
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Detailed competitors of Jify
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Latest news on Jify
Complete news archive for Jify
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Frequently Asked Questions about Jify
Jify was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Jify is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Jify is a funded company, having raised a total of $11.43M across 2 funding rounds to date.
As of Dec 11, 2024, the latest employee count at Jify is 66.
Annual revenue of Jify is $417.87K as on Mar 31, 2024.
Jify was founded in 2021 in Mumbai, India, within the fintech sector. Online platforms for financial management and earned wage access are offered to employees, allowing salary withdrawals on any day. Budgeting, expense tracking, financial education, and coaching features are integrated into a mobile app compatible with Android and iOS devices. Services target employee financial wellness across operations in India.
Jify offers On-Demand Salary, Money Manager, and Jify Card.
Jify has 52 investors. Key investors include Money View, Accel, Nexus Venture Partners, VCAPL, and VAR Capital Advisors.
The valuation of Jify is $24.67M as of Aug 2022.