About Optimum Financial Solutions
Optimum Financial Solutions is a company based in Mumbai (India) founded in 2011.. Optimum Financial Solutions has raised $73.64 thousand across 2 funding rounds from investors including Sanjay Shah and Shirish Patel. The company has 72 employees as of March 29, 2024. Optimum Financial Solutions operates in a competitive market with competitors including Quantexa, KFin Technologies, ComplyAdvantage, Riskified and Alloy, among others.
- Headquarter Mumbai, India
- Employees 72 as on 29 Mar, 2024
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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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 Optimum Financial Solutions Private Limited
- Date of Incorporation 14 Jun, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$545.78 K (USD)14.17as on Mar 31, 2023
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Net Profit
$66.5 K (USD)-46.71as on Mar 31, 2023
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EBITDA
$76.27 K (USD)-38.15as on Mar 31, 2023
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Total Equity Funding
$73.64 K (USD)
in 2 rounds
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Latest Funding Round
$40.93 K (USD), Angel Round
Mar 23, 2016
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Investors
& 1 more
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Employee Count
72
as on Mar 29, 2024
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Funding Insights of Optimum Financial Solutions
Optimum Financial Solutions has successfully raised a total of $73.64K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $40.93 thousand completed in March 2016. 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 Angel Round — $40,931
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First Round
First Round
(28 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Angel Round - Optimum Financial Solutions | Valuation |
investors |
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| Jan, 2015 | Amount | Angel Round - Optimum Financial Solutions | Valuation |
investors |
| 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 Optimum Financial Solutions
Optimum Financial Solutions has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Sanjay Shah and Shirish Patel. 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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SS
Sanjay Shah |
Angel investor, founder of multiple ventures, focused on tech startups
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Founded Year | Domain | Location |
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SP
Shirish Patel |
Angel investor and tech entrepreneur, co-founder of Paymate, focused on fintech
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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 Optimum Financial Solutions
| 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 - Optimum Financial Solutions
| 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 |
Optimum Financial Solutions Comparisons
Competitors of Optimum Financial Solutions
Optimum Financial Solutions 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 Quantexa, KFin Technologies, ComplyAdvantage, Riskified and Alloy, 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 |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Mutual fund investments are enabled via an app-based platform.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Optimum Financial Solutions
Frequently Asked Questions about Optimum Financial Solutions
When was Optimum Financial Solutions founded?
Optimum Financial Solutions was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Optimum Financial Solutions located?
Optimum Financial Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Optimum Financial Solutions a funded company?
Optimum Financial Solutions is a funded company, having raised a total of $73.64K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $32.71K, raised on Jan 28, 2015.
How many employees does Optimum Financial Solutions have?
As of Mar 29, 2024, the latest employee count at Optimum Financial Solutions is 72.
What is the annual revenue of Optimum Financial Solutions?
Annual revenue of Optimum Financial Solutions is $545.78K as on Mar 31, 2023.
What does Optimum Financial Solutions do?
Optimum Financial Solutions Pvt. Ltd. was founded in 2011 in Mumbai, India. Digital technology solutions are offered by the company to financial advisors, asset management firms, and corporate banks within the fintech sector. Operations are streamlined through automation, and customer experiences are enhanced via efficient financial management tools. The focus remains on simplifying processes for clients in the finance domain.
Who are the top competitors of Optimum Financial Solutions?
Optimum Financial Solutions's top competitors include ComplyAdvantage, Riskified and Quantexa.
Who are Optimum Financial Solutions's investors?
Optimum Financial Solutions has 2 investors. Key investors include Sanjay Shah, and Shirish Patel.
What is Optimum Financial Solutions's valuation?
The valuation of Optimum Financial Solutions is $242.78K as of Mar 2016.