About Oxigen
Oxigen is a company based in Gurugram (India) founded in 2004 by Pramod Saxena. Oxigen has raised $50.18 million across 3 funding rounds from investors including Microsoft, Citi and Blue Label Telecoms. The company has 58 employees as of April 07, 2024. Oxigen has completed 1 acquisition, including United Villages. Oxigen offers products and services including POS Web App, Micro ATM, Expense Management Solution, and Retail Solutions. Oxigen operates in a competitive market with competitors including Ezetap, Mswipe, Presto, ITAB and Innoviti, among others.
- Headquarter Gurugram, India
- Employees 58 as on 07 Apr, 2024
- Founders Pramod Saxena
- Stage Minicorn
-
Sectors
RetailFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Oxigen Services (India) Private Limited
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$9.14 M (USD)-78.16as on Mar 31, 2022
-
Net Profit
-$6.77 M (USD)-66.85as on Mar 31, 2022
-
EBITDA
-$4.43 M (USD)-193.13as on Mar 31, 2022
-
Total Equity Funding
$50.18 M (USD)
in 3 rounds
-
Latest Funding Round
$588.71 K (USD), Series B
Jan 18, 2016
-
Investors
Microsoft
& 14 more
-
Employee Count
58
as on Apr 07, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Oxigen
Oxigen offers a comprehensive portfolio of products and services, including POS Web App, Micro ATM, Expense Management Solution, and Retail Solutions.
Platform for retail transactions including recharges and bill payments.
Device for cash deposits, withdrawals, and basic banking operations.
System to automate business expense tracking and reporting.
Services for retail outlets to handle recharges and ticket bookings.
People of Oxigen
Unlock access to complete
Funding Insights of Oxigen
Oxigen has successfully raised a total of $50.18M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $588.71 thousand completed in January 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 3
- Last Round Series B — $588,712
-
First Round
First Round
(31 Mar 2006)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series B - Oxigen | Valuation | Formula One Promotions And Entertainment |
|
| Jan, 2008 | Amount | Series B - Oxigen | Valuation | Microsoft , M12 | |
| Mar, 2006 | Amount | Series A - Oxigen | Valuation | Citi |
Investors in Oxigen
Oxigen has secured backing from 15 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Microsoft, Citi and Blue Label Telecoms.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology startups are facilitated by M12.
|
Founded Year | Domain | Location | |
|
Business consulting is provided for legal, media, and finance industries.
|
Founded Year | Domain | Location | |
|
Limited information available
|
Founded Year | Domain | Location |
Investments & Acquisitions by Oxigen
Oxigen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include United Villages.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Foundation focused on charitable trust for women and children
|
2005 |
Financial Statements - Oxigen
Oxigen Comparisons
Competitors of Oxigen
Oxigen 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 Ezetap, Mswipe, Presto, ITAB and Innoviti, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based mPOS software and hardware solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
|
|
| domain | founded_year | HQ Location |
Drive-through automation solutions for restaurants are provided using AI.
|
|
| domain | founded_year | HQ Location |
Self-checkout solutions are provided for retail businesses worldwide.
|
|
| domain | founded_year | HQ Location |
Integrated online and offline payment solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
All-in-one POS and business management system is provided.
|
Latest news on Oxigen
Frequently Asked Questions about Oxigen
Oxigen was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Oxigen is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Oxigen is a funded company, having raised a total of $50.18M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11.5M, raised on Mar 31, 2006.
As of Apr 07, 2024, the latest employee count at Oxigen is 58.
Annual revenue of Oxigen is $9.14M as on Mar 31, 2022.
Oxigen was founded in 2004 in Gurugram, India, within the fintech sector. POS software is provided as a platform for retailers to handle transactions in both online and offline environments. Proprietary tools are utilized to support various payment methods, including digital wallets, UPI, Bharat QR, Aadhaar Pay, and merchant services. Operations focus on enabling seamless business payments across these channels.
Oxigen offers POS Web App, Micro ATM, Expense Management Solution, and Retail Solutions.
Oxigen has made 1 acquisition, including United Villages.
Oxigen has 15 investors. Key investors include Microsoft, Citi, Blue Label Telecoms, Formula One Promotions And Entertainment, and Neptune Infocom.
The valuation of Oxigen is $59.88M as of Jan 2016.