P10bank

Bengaluru, India Founded: 2019 • Age: 7 yrs
Operates as an internet-first bank serving consumer financial needs.
Annual revenue $224,348 Latest available
Total funding $816,510 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About P10bank

P10bank is a company based in Bengaluru (India) founded in 2019 by Vikas Prakash Kothari. It operates as a B2C. P10bank has raised $816.51 thousand across 2 funding rounds from investors including Fosun, Tej Kapoor and Vipin Agarwal. P10bank operates in a competitive market with competitors including Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

  • Headquarter Bengaluru, India
  • Founders Vikas Prakash Kothari
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Stay Qurious Ventures Private Limited.
  • Date of Incorporation 04 May, 2018
  • Jurisdiction V.V Puram, Bangalore, Karnataka, India
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $224.35 K (USD)
    1191
    as on Mar 31, 2022
  • Net Profit
    -$129.19 K (USD)
    -16.24
    as on Mar 31, 2022
  • EBITDA
    -$109.59 K (USD)
    -15
    as on Mar 31, 2022
  • Total Equity Funding
    $816.51 K (USD)

    in 2 rounds

  • Latest Funding Round
    $12.88 K (USD), Angel Round

    Mar 22, 2019

  • Investors
    Fosun

    & 8 more

  • Employee Count
    Not available
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Funding Insights of P10bank

P10bank has successfully raised a total of $816.51K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $12.88 thousand completed in March 2019. 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.

Investors in P10bank

P10bank has secured backing from 9 investors, including angel and institutional investors. Prominent investors backing the company include Fosun, Tej Kapoor and Vipin Agarwal.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Diversified investment, asset management, and insurance services are offered globally.
Locked Locked Locked

Tej Kapoor

Managing Partner at IvyCap Ventures, active angel investor in Indian startups
Locked Locked Locked

Vipin Agarwal

Angel investor and entrepreneur, founder of VA Consulting, active in Indian startups
Locked Locked Locked
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Investor details for P10bank

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Investments & Acquisitions by P10bank

Investments
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Investment portfolio details for P10bank

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  • Transaction dates
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Financial Statements - P10bank

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Detailed financials for P10bank

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P10bank Comparisons

P10bank Primary company
Description
Operates as an internet-first bank serving consumer financia...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$224.35 K (USD)
Net Profit
-$129.19 K (USD)
EBITDA
-$109.59 K (USD)
Employees
Not available
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Peer comparison for P10bank

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of P10bank

P10bank 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 Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform for wealth management
Locked Locked Locked
Digital banking services are offered to individual users.
Locked Locked Locked
Neobank for individuals
Locked Locked Locked
Agent-based payment solutions for businesses are provided.
Locked Locked Locked
AI-powered online banking solutions are integrated with HR workflows.
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Detailed competitors of P10bank

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Latest news on P10bank

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Complete news archive for P10bank

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Frequently Asked Questions about P10bank

P10bank was founded in 2019.

P10bank is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vikas Prakash Kothari is the current CEO of P10bank. They have also founded this company.

P10bank is a funded company, having raised a total of $816.51K across 2 funding rounds to date.

Annual revenue of P10bank is $224.35K as on Mar 31, 2022.

P10bank, founded in 2019 in Bengaluru, India, focuses on offering financial products and advice, banking, online banking, and consumer banking. Operates as an internet-first bank serving consumer financial needs. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

P10bank's top competitors include Freo, Niyo and OneBanc Technologies.

P10bank has 9 investors. Key investors include Fosun, Tej Kapoor, Vipin Agarwal, Ankit Aggarwal, and Ankit Aggarwal.

The valuation of P10bank is $2.54M as of Mar 2019.

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