About PennySplit
PennySplit is a company based in Kanpur (India) founded in 2016 by Ayush Aggarwal and Himanshu Choudhary. It operates as a B2C. PennySplit operates in a competitive market with competitors including SuperSplit, ShareExpense, Splitify, Contricenter and CashCo, among others.
- Headquarter Kanpur, India
- Founders Ayush Aggarwal, Himanshu Choudhary
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Funding Insights of PennySplit
| 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 |
Investments & Acquisitions by PennySplit
| 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 - PennySplit
| 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 |
Pennysplit Comparisons
Competitors of PennySplit
PennySplit 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 SuperSplit, ShareExpense, Splitify, Contricenter and CashCo, 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 |
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| domain | founded_year | HQ Location |
Provides an app-based platform for group expense sharing and bill splitting.
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| domain | founded_year | HQ Location |
Expense tracking and splitting app
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| domain | founded_year | HQ Location |
Online platform providing solutions to manage shared expenses
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| domain | founded_year | HQ Location |
A mobile app for managing and settling group expenses efficiently.
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| domain | founded_year | HQ Location |
Facilitates cash offers for home buying prior to selling current home.
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| domain | founded_year | HQ Location |
A mobile app designed for easy expense sharing among users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 PennySplit
When was PennySplit founded?
PennySplit was founded in 2016.
Where is PennySplit located?
PennySplit is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
What does PennySplit do?
PennySplit a versatile platform designed for splitting and managing group expenses efficiently through offering financial products and advice, fintech, expense management, and group sharing. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of PennySplit?
PennySplit's top competitors include SuperSplit, ShareExpense and Splitify.
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