About LivQuik
LivQuik is a company based in Mumbai (India) founded in 2012 by Yudhajit Nag Sen and Vinay Pinto was acquired by FEL in October 2018.. LivQuik has raised $8.7 million across 7 funding rounds from investors including M2P Fintech, FEL India and Snow Leopard Ventures. The company has 60 employees as of April 06, 2024. LivQuik offers products and services including QuikWallet App, FASTag, NCMC Card, and UPI Services. LivQuik operates in a competitive market with competitors including Razorpay, Flutterwave, Pine Labs, HighRadius and Mintoak, among others.
- Headquarter Mumbai, India
- Employees 60 as on 06 Apr, 2024
- Founders Yudhajit Nag Sen, Vinay Pinto
- Stage Minicorn
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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 Livquik Technology (India) Private Limited
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$1.2 M (USD)-11.05as on Mar 31, 2023
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Net Profit
$-228.32 K (USD)40.25as on Mar 31, 2023
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EBITDA
$-312.56 K (USD)24.97as on Mar 31, 2023
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Total Equity Funding
$8.7 M (USD)
in 7 rounds
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Latest Funding Round
$1.22 M (USD), Series A
Oct 18, 2022
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Investors
M2P Fintech
& 4 more
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Employee Count
60
as on Apr 06, 2024
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Acquired by
FEL
(Oct 10, 2018)
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Products & Services of LivQuik
LivQuik offers a comprehensive portfolio of products and services, including QuikWallet App, FASTag, NCMC Card, and UPI Services. 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.
App for real-time management of prepaid cards and transactions.
Electronic toll collection system for streamlined vehicle transactions.
Multi-purpose card for transit and payments in various sectors.
UPI-enabled platform for instant fund transfers and wallet operations.
Funding Insights of LivQuik
LivQuik has successfully raised a total of $8.7M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.22 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $1.2M
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First Round
First Round
(16 Jul 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - LivQuik | Valuation | M2P Fintech |
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| Sep, 2021 | Amount | Series A - LivQuik | Valuation | M2P Fintech |
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| Jul, 2017 | Amount | Seed - LivQuik | Valuation | Snow Leopard Ventures |
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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 LivQuik
LivQuik has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include M2P Fintech, FEL India and Snow Leopard Ventures. 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 venture capital firm investing in India
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Founded Year | Domain | Location | |
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Banking, lending, and payment solutions are provided via custom APIs.
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Founded Year | Domain | Location | |
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Logistics and supply chain management services are provided by FEL.
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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 LivQuik
| 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 - LivQuik
| 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 |
Livquik Comparisons
Competitors of LivQuik
LivQuik 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 Razorpay, Flutterwave, Pine Labs, HighRadius and Mintoak, 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 business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
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| domain | founded_year | HQ Location |
Provider of an online payment gateway platform
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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 Livquik
Frequently Asked Questions about LivQuik
When was LivQuik founded?
LivQuik was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is LivQuik located?
LivQuik is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of LivQuik?
Bhargav Padh is the current CEO of LivQuik.
Is LivQuik a funded company?
LivQuik is a funded company, having raised a total of $8.7M across 7 funding rounds to date. The company's 1st funding round was a Seed of $462.99K, raised on Jul 16, 2013.
How many employees does LivQuik have?
As of Apr 06, 2024, the latest employee count at LivQuik is 60.
What is the annual revenue of LivQuik?
Annual revenue of LivQuik is $1.2M as on Mar 31, 2023.
What does LivQuik do?
Payment processing solutions for businesses. Its product includes QuikWallet that enables businesses to accept online payments via creditdebit cards, bank transfers, wallets, virtual physical prepaid cards for expenses, and more. It also provides an enterprise solution for product project management, a cloud-based issuance platform that enables merchants to provide loyalty solutions to customers, fleet expense management, and more.
Who are the top competitors of LivQuik?
LivQuik's top competitors include Razorpay, Flutterwave and Mintoak.
What products or services does LivQuik offer?
LivQuik offers QuikWallet App, FASTag, NCMC Card, and UPI Services.
Who are LivQuik's investors?
LivQuik has 5 investors. Key investors include M2P Fintech, FEL India, Snow Leopard Ventures, Mohit Lalvani, and Mahesh Lalvani.
What is LivQuik's valuation?
The valuation of LivQuik is $9.04M as of Sep 2021.