Jocata

Hyderabad, India Founded: 2010 • Age: 16 yrs Acquired By BillDesk
Provider of AI and cloud based financial planning and investment management solutions
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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 as of August 13, 2025. 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 as on 13 Aug, 2025
  • Founders Andrea Weist, Prashant Muddu
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jocata Financial Advisory & Technology Services Private Limited
  • Date of Incorporation 16 Nov, 2010
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $14.78 M (USD)
    35.41
    as on Mar 31, 2024
  • Net Profit
    $-2.79 M (USD)
    58.54
    as on Mar 31, 2024
  • EBITDA
    $374.77 K (USD)
    108.63
    as on Mar 31, 2024
  • Total Equity Funding
    $250 K (USD)

    in 2 rounds

  • Latest Funding Round
    $250 K (USD), Seed

    Jun 01, 2015

  • Investors
    Persistent

    & 2 more

  • Employee Count
    652

    as on Aug 13, 2025

  • Acquired by
    BillDesk

    (Jun 01, 2018)

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Products & Services of Jocata

Jocata offers a comprehensive portfolio of products and services, including Jocata GRID, AI-based Analytics, and Configurable Workflow Engine. 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.

Primary

Platform for financial transactions and risk-adjusted insights.

Engine for monitoring suspicious financial activities and compliance.

Tool for managing business processes in financial services.

People of Jocata
Headcount 200-500
Employee Profiles 81
Employee Profiles
People
Jiya Sharma
Software Engineer
People
Vamsi Krishna Dammalapati
Associate Senior Business Analyst
People
Anand Subramanian
Senior Delivery Manager
People
Mateen Sofi
Senior Machine Learning Engineer

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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
  • Total Rounds 2
  • Last Round Seed — $250,000
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Seed - Jocata Valuation

investors

Aug, 2014 Amount Seed - Jocata Valuation FinTech Innovation Lab
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 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. 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
Institutional
Investor Description Founded Year Domain Location
Global program assisting fintech startups with scaling in key financial markets.
Founded Year Domain Location
IT consulting, data analytics, and digital transformation services are provided.
Founded Year Domain Location
Provider of an online payment gateway platform
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 Jocata

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 - Jocata

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

Jocata Comparisons

Employees
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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. 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
Payment and banking solutions are provided to users and banks.
domain founded_year HQ Location
Tink is recognized as a leading European open banking platform.
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
domain founded_year HQ Location
Banking, lending, and payment solutions are provided via custom APIs.
domain founded_year HQ Location
Software solutions for private market investors
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 Jocata

Frequently Asked Questions about Jocata

When was Jocata founded?

Jocata was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is Jocata located?

Jocata is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Who is the current CEO of Jocata?

Prashant Muddu is the current CEO of Jocata. They have also founded this company.

Is Jocata a funded company?

Jocata is a funded company, having raised a total of $250K across 2 funding rounds to date.

How many employees does Jocata have?

As of Aug 13, 2025, the latest employee count at Jocata is 652.

What is the annual revenue of Jocata?

Annual revenue of Jocata is $14.78M as on Mar 31, 2024.

What does Jocata do?

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.

Who are the top competitors of Jocata?

Jocata's top competitors include Zeta, Tink and Perfios.

What products or services does Jocata offer?

Jocata offers Jocata GRID, AI-based Analytics, and Configurable Workflow Engine.

Who are Jocata's investors?

Jocata has 3 investors. Key investors include Persistent, BillDesk, and FinTech Innovation Lab.

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