About Penenza
Penenza is a company based in Bengaluru (India) founded in 2022 was acquired by TenChat in August 2023.. The company has 1 employees as of April 07, 2024. Penenza operates in a competitive market with competitors including axio, Simpl, ZestMoney, PayJoy and Lazypay, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 07 Apr, 2024
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Sectors
Financial Services
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Phone
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Website
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- Legal Name Penenza India Private Limited
- Date of Incorporation 21 Oct, 2022
- Jurisdiction Bangalore, Karnataka, India
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Funding Insights of Penenza
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Penenza
Penenza has secured backing from 1 investor. Prominent investors backing the company include TenChat. 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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A mobile app designed for streamlined procurement management in businesses.
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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 Penenza
| 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 - Penenza
| 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 |
Penenza Comparisons
Competitors of Penenza
Penenza 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 axio, Simpl, ZestMoney, PayJoy and Lazypay, 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 |
An online lending platform for point-of-sale financing is provided.
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| domain | founded_year | HQ Location |
An online platform for purchase financing is provided by Simpl.
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| domain | founded_year | HQ Location |
Online platform offering point-of-sale financing
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| domain | founded_year | HQ Location |
Online platform for purchase financing
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| domain | founded_year | HQ Location |
Provider of digital payment solutions, including deferred payment and personal loans
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| domain | founded_year | HQ Location |
No-credit-card EMI solutions for online purchases are provided.
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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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Frequently Asked Questions about Penenza
When was Penenza founded?
Penenza was founded in 2022.
Where is Penenza located?
Penenza is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Penenza have?
As of Apr 07, 2024, the latest employee count at Penenza is 1.
What does Penenza do?
Penenza was founded in 2022 in Bengaluru, India. A digital platform is operated to deliver buy now pay later financing options and lead generation tools. These services are extended to businesses and banks in the fintech sector. Operations emphasize seamless integration for deferred payments and targeted customer acquisition. The company is based in India, serving regional financial needs.
Who are the top competitors of Penenza?
Who are Penenza's investors?
Penenza has 1 investor. Key investors include TenChat.