About Option3
Option3 is a Technology company based in Bengaluru (India) founded in 2012 by Payeli Ghosh, Rajmohan Harindranath, Shreyas Chandrahasan, Kris Subramanian, and Sudhir Sen. Cognitive automation and data analytics solutions are provided for organizations. It operates on a SaaS (Software-as-a-Service) and Professional Services model. The company has 107 employees. Option3 offers products and services including JiffyRPA and JiffyTest. Its focus areas include Software, Automation Software, Finance and Banking.
Company details
Option3 is focused on delivering intelligent robotic process automation through its flagship platform, JiffyRPA. Solutions are provided across various sectors including banking, retail, manufacturing, insurance, travel, healthcare, finance, HR, IT operations, and customer service. The company is recognized for integrating AI-powered automation to address complex business challenges. Operations are supported in regions like Asia Pacific and the Americas, ensuring broad accessibility to its innovative tools and services.
- Headquarters Bengaluru, India
- Employees 107
- Founders Payeli Ghosh, Rajmohan Harindranath, Shreyas Chandrahasan, Kris Subramanian, Sudhir Sen
- SectorsTechnology
- Phone•••• ••••
- Website option3.io
- Social LinkedIn X Facebook
- Legal Name Option3
- Date of Incorporation 14 Nov, 2012
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹73,995
FY 2022 · 0% margin
- EBITDA-₹38,595
FY 2022 · 0% margin
- Investors
- Employee Count107
Associated legal entities of Option3
Option3 operates through Optionthree Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Optionthree Consulting Private Limited CIN U72200KA2012PTC066708 | Active | 14 Nov 2012 | Bangalore, Karnataka | 107 | 3 | View details |
Products & Services of Option3
Option3 offers a comprehensive portfolio of products and services, including JiffyRPA and JiffyTest.
Intelligent automation platform for enterprise process optimization tasks.
Automation tool designed for efficient software testing processes.
Funding Insights of Option3
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Option3 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 |
|---|---|---|---|---|---|
| Oct 2018 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Option3
Option3 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CreedCap Asia Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Small & middle market focused boutique investment bank | 2010 | creedcapasia.com | Bengaluru, India |
Investor details for Option3
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Optionthree Consulting Private Limited (Option3)
Optionthree Consulting Private Limited is the primary company behind Option3. The board of Optionthree Consulting Private Limited currently have 3 directors; the longest-serving is Paddikkara Chandrahasan Shreyas, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paddikkara Chandrahasan Shreyas DIN 01830707 | Director | 14 Nov 2012 | 13 yrs 11 mo | Optionthree Consulting Private Limited |
| Payeli Ghosh DIN 01830634 | Director | 14 Nov 2012 | 13 yrs 11 mo | Optionthree Consulting Private Limited |
| Babu Vinod Sivadasan DIN 01605056 | Director | 15 Mar 2019 | 7 yrs 7 mo | Optionthree Consulting Private Limited |
People of Option3
5 people are tracked at Option3 (5 in leadership); the tracked headcount is 107.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Kris Subramanian | Co-Founder | Leadership |
Sudhir Sen | Co-Founder | Leadership |
Complete people profiles for Option3
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Option3
Figures of Optionthree Consulting Private Limited, the primary company behind Option3, for FY 2022. Net loss was -₹73,995 (0% margin). EBITDA was -₹38,595 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹73,995Net loss · 0% margin
- -₹38,595EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 107Employees (provident fund records)
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Optionthree Consulting Private Limited are on its company page.
Detailed financial statements for Option3
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Option3
2 dated milestones of Option3 across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Option3 is founded.
- Funding First funding round.
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Frequently Asked Questions about Option3
Option3 was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Option3 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Option3 has 107 employees.
Option3 is focused on delivering intelligent robotic process automation through its flagship platform, JiffyRPA. Solutions are provided across various sectors including banking, retail, manufacturing, insurance, travel, healthcare, finance, HR, IT operations, and customer service. The company is recognized for integrating AI-powered automation to address complex business challenges. Operations are supported in regions like Asia Pacific and the Americas, ensuring broad accessibility to its innovative tools and services.
Option3 offers JiffyRPA and JiffyTest.
Option3 has 1 investor. Key investors include CreedCap Asia Advisors.
Option3 operates through Optionthree Consulting Private Limited.
The legal entities of Option3 currently have 3 directors, including Babu Vinod Sivadasan, Paddikkara Chandrahasan Shreyas, Payeli Ghosh.