About Jocata
Jocata is a company based in Hyderabad (India) founded in 2010 by Andrea Weist and Prashant Muddu was acquired by BillDesk in June 2018. Jocata has raised $250 thousand across 2 funding rounds from investors including Persistent, BillDesk and FinTech Innovation Lab. The company has 652 employees. Jocata offers products and services including Jocata GRID, AI-based Analytics, and Configurable Workflow Engine. Jocata operates in a competitive market with competitors including Zeta, Tink, Perfios, Alloy and M2P Fintech, among others.
- Headquarter Hyderabad, India
- Employees 652
- Founders Andrea Weist, Prashant Muddu
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website jocata.com
- Social LinkedIn X Facebook
- Acquired by BillDesk (Jun 2018)
- Legal Name Jocata Financial Advisory & Technology Services Private Limited
- Date of Incorporation 16 Nov, 2010
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹172 Cr
FY 2025 · +36% YoY
- Net Profit₹13.01 Cr
FY 2025 · 8% margin
- EBITDA₹42.45 Cr
FY 2025 · 25% margin
- Total Equity Funding$250K (USD)
in 2 rounds
- Latest Funding Round$250K (USD), Seed
Jun 2015
- InvestorsPersistent
& 2 more
- Employee Count652
- Acquired byBillDesk
(Jun 2018)
Associated legal entities of Jocata
Jocata is associated with 2 registered companies on The Company Check; the primary company is Jocata Financial Advisory & Technology Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jocata Financial Advisory & Technology Services Private Limited CIN U67110TG2010PTC071247 | Active | 16 Nov 2010 | Hyderabad, Telangana | ₹172 Cr | 652 | 2 | View details |
| Indiaideas Com Limited CIN U72300MH2000PLC125441 | Active | 29 Mar 2000 | Mumbai, Maharashtra | ₹2,446 Cr | 742 | 10 | View details |
Products & Services of Jocata
Jocata offers a comprehensive portfolio of products and services, including Jocata GRID, AI-based Analytics, and Configurable Workflow Engine.
Platform for financial transactions and risk-adjusted insights.
Engine for monitoring suspicious financial activities and compliance.
Tool for managing business processes in financial services.
Funding Insights of Jocata
Jocata has successfully raised a total of $250K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in June 2015. 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 $250,000
- Total Rounds 2
- Last Round Seed — $250,000
- Investors Count 2
All 2 funding rounds of Jocata with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $250,000 | Seed | – | – | |
| Aug 2014 | – | Seed | – | FinTech Innovation Lab | – |
3 investors in total: 3 institutional.
Investors in Jocata
Jocata has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Persistent, BillDesk and FinTech Innovation Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global program assisting fintech startups with scaling in key financial markets. | – | fintechinnovationlab.com | - | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | persistent.com | Pune, India | |
Provider of an online payment gateway platform | 2000 | billdesk.com | Mumbai, India |
Investor details for Jocata
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Jocata Financial Advisory & Technology Services Private Limited (Jocata)
Jocata Financial Advisory & Technology Services Private Limited is the primary company behind Jocata. The boards of the 2 registered companies of Jocata currently have 11 directors; the longest-serving is Sumant Mandal, appointed in 2006. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumant Mandal DIN 01298049 | Nominee Director | 29 Jun 2006 | 20 yrs 3 mo | Indiaideas Com Limited |
| Srinivasu Nagesvar Mallapragada DIN 01692982 | Whole-time director | 01 Oct 2009 | 17 yrs | Indiaideas Com Limited |
| Ajay Kaushal DIN 01605394 | Whole-time director | 01 Oct 2009 | 17 yrs | Indiaideas Com Limited |
| Prashant Muddu Sudhakar DIN 03176959 | Managing Director | 16 Nov 2010 | 15 yrs 10 mo | Jocata Financial Advisory & Technology Services Private Limited |
| Rajan Jitendra Mehra DIN 00504892 | Nominee Director | 29 Mar 2011 | 15 yrs 6 mo | Indiaideas Com Limited |
| Jnanamba Indrani Vedula DIN 05241974 | Director | 05 Dec 2011 | 14 yrs 10 mo | Jocata Financial Advisory & Technology Services Private Limited |
| Dhiraj Poddar DIN 01946905 | Nominee Director | 23 Apr 2012 | 14 yrs 5 mo | Indiaideas Com Limited |
| Mohit Naresh Bhandari DIN 02528942 | Nominee Director | 14 Dec 2016 | 9 yrs 9 mo | Indiaideas Com Limited |
| Manju Agarwal DIN 06921105 | Director | 30 Mar 2019 | 7 yrs 6 mo | Indiaideas Com Limited |
| Balasubramanyam Sriram DIN 02993708 | Director | 31 Mar 2021 | 5 yrs 6 mo | Indiaideas Com Limited |
| Anand Agarwal DIN 06481297 | Additional Director | 25 Apr 2025 | 1 yr 5 mo | Indiaideas Com Limited |
People of Jocata
81 people are tracked at Jocata (11 in leadership, 70 in team); the tracked headcount is 652.
| Name | Role | Group |
|---|---|---|
Andrea Weist | Co-Founder & Managing Director | Leadership |
| Co-Founder & CEO & MD | Leadership | |
Akshay Chopra | Senior Director - Growth | Leadership |
Mahakash Mainder | Senior Director, Data Architecture Group | Leadership |
Karthigeyan S | VP - Products | Leadership |
Sundari Vedula | Chief Technology Officer | Leadership |
Nutan Kumar Lade | Associate Director Of Engineering | Leadership |
Harish Asar | Chief Data Scientist And AI Solution Architect | Leadership |
Santhosh Ponnam | Associate Director - Tech | Leadership |
Namrata Rao | Executive Office Of The CEO | Leadership |
Anjali Jhajj | Director | Leadership |
Jiya Sharma | Software Engineer | Team |
Vamsi Krishna Dammalapati | Associate Senior Business Analyst | Team |
Anand Subramanian | Senior Delivery Manager | Team |
Mateen Sofi | Senior Machine Learning Engineer | Team |
Tushar Singewar | Senior Software Engineer | Team |
Suneel Kurudi | Associate Senior Delivery Manager | Team |
Rajeev Ranjan Kumar | Associate Senior Software Engineer | Team |
Prakhar Jain | Delivery Manager | Team |
Anu Chaudhary | Technical Lead | Team |
61 more people are available in the full profile.
Complete people profiles for Jocata
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Jocata
Figures of Jocata Financial Advisory & Technology Services Private Limited, the primary company behind Jocata, for FY 2025. Revenue was ₹172 Cr (+36% year on year). Net profit was ₹13.01 Cr (8% margin). EBITDA was ₹42.45 Cr (25% margin). Revenue has grown at a compounded annual rate of +49% over three years and +47% over five years.
- ₹172 CrRevenue · FY 2025 · +36% YoY
- ₹13.01 CrNet profit · 8% margin
- ₹42.45 CrEBITDA · 25% margin
- ₹6.06 CrPaid-up capital
- 652Employees (provident fund records)
- +49%Revenue CAGR, 3 years
- +47%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jocata Financial Advisory & Technology Services Private Limited are on its company page.
Detailed financial statements for Jocata
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Jocata
4 dated milestones of Jocata across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Jocata is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $250K.
- Exit Acquired by BillDesk.
Competitors of Jocata
Jocata 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 Zeta, Tink, Perfios, Alloy and M2P Fintech, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeta.tech | 2015 | San Ramon, United States | $390M | 1,278 | Payment and banking solutions are provided to users and banks. | |
| tink.com | 2012 | Stockholm, Sweden | $358.93M | – | Tink is recognized as a leading European open banking platform. | |
| perfios.com | 2008 | Bengaluru, India | $258.77M | – | Provides financial technology solutions for data analysis and verification globally. | |
| alloy.com | 2015 | New York, United States | $223.37M | 216 | Identity decisioning platform is provided for banks and fintech firms. | |
| m2pfintech.com | 2014 | Chennai, India | $187.79M | 1,144 | Banking, lending, and payment solutions are provided via custom APIs. | |
| parallelmarkets.com | 2018 | New York, United States | $11.56M | – | Software solutions for private market investors | |
| craft.co | 2014 | Francisco, United States | $42M | 51 | Craft is recognized for providing supply chain resilience solutions. | |
| feedzai.com | 2011 | San Mateo, United States | $346.8M | – | Cloud-based big data and fraud prevention solutions are offered. | |
| socure.com | 2012 | New York, United States | $650.25M | 88 | AI-based identity verification and fraud detection are provided. |
Detailed competitors of Jocata
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Jocata
The website of Jocata (jocata.com) receives about 9.8K visits a month.
- Monthly visits9.8K
▲ 61% vs previous month
Latest news on Jocata
Complete news archive for Jocata
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Similar companies to Jocata
10 companies that operate in the same segment as Jocata (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 693 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 546.08 M | – | – | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, China | USD 1.98 B | – | – | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | – | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Frequently Asked Questions about Jocata
Jocata was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Jocata is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prashant Muddu is the current CEO of Jocata. They have also founded this company.
Jocata is a funded company, having raised a total of $250K across 2 funding rounds to date.
Jocata has 652 employees.
The primary company behind Jocata, Jocata Financial Advisory & Technology Services Private Limited, reported revenue of ₹172 Cr for FY 2025, up 36% year on year.
Jocata was founded in 2010 in Hyderabad, India, as a provider of AI and cloud-based tools in the financial technology sector. Financial planning and investment management are supported through platforms that streamline operations and enhance compliance with financial crime regulations. Risk management is facilitated, and business growth is enabled for users. Leadership is provided by co-founders Andrea Weist and Prashant Muddu.
Jocata offers Jocata GRID, AI-based Analytics, and Configurable Workflow Engine.
Jocata has 3 investors. Key investors include Persistent, BillDesk, and FinTech Innovation Lab.
Jocata is associated with 2 legal entities: Jocata Financial Advisory & Technology Services Private Limited, Indiaideas Com Limited.
Yes. Jocata was acquired by BillDesk in June 2018.