About PerkFinance
PerkFinance is a company based in Bengaluru (India) founded in 2017.. PerkFinance has raised $900 thousand across 1 funding round from investors including FRZ Capital, Karan Virwani and Krishna Vinjamuri. PerkFinance operates in a competitive market with competitors including KarmaLife, Flex Salary, OptaCredit, SalaryCredits and Vrddi, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Stay Qurious Ventures Private Limited.
- Date of Incorporation 04 May, 2018
- Jurisdiction V.V Puram, Bangalore, Karnataka, India
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Annual Revenue
$224.35 K (USD)1191as on Mar 31, 2022
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Net Profit
$-129.19 K (USD)-16.24as on Mar 31, 2022
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EBITDA
$-109.59 K (USD)-15as on Mar 31, 2022
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Total Equity Funding
$900 K (USD)
in 1 rounds
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Latest Funding Round
$900 K (USD), Seed
Sep 17, 2018
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Investors
FRZ Capital
& 6 more
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Employee Count
Employee Count
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Funding Insights of PerkFinance
PerkFinance has successfully raised a total of $900K through 1 strategic funding round. The most recent funding activity was a Seed round of $900 thousand completed in September 2018. 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 1
- Last Round Seed — $900,000
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First Round
First Round
(17 Sep 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Seed - PerkFinance | Valuation | Fosun RZ Capital |
| 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 |
Investors in PerkFinance
PerkFinance has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include FRZ Capital, Karan Virwani and Krishna Vinjamuri. 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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Venture capital investment and fund management services are conducted globally.
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Founded Year | Domain | Location | |
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KV
Karan Virwani |
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Founded Year | Domain | Location |
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KV
Krishna Vinjamuri |
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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 PerkFinance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - PerkFinance
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Perkfinance Comparisons
Competitors of PerkFinance
PerkFinance 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 KarmaLife, Flex Salary, OptaCredit, SalaryCredits and Vrddi, 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 |
Subscription-based payday loans are provided to blue-collar workers digitally.
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| domain | founded_year | HQ Location |
Offers a line of credit secured against monthly salaries.
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| domain | founded_year | HQ Location |
Operates an online platform providing payday loans tailored for salaried employees.
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| domain | founded_year | HQ Location |
Offers an app-based platform for payroll loans to users.
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| domain | founded_year | HQ Location |
A tech-enabled solution for employee financial wellness in organizations.
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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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Latest news on Perkfinance
Frequently Asked Questions about PerkFinance
When was PerkFinance founded?
PerkFinance was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is PerkFinance located?
PerkFinance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is PerkFinance a funded company?
PerkFinance is a funded company, having raised a total of $900K across 1 funding round to date. The company's 1st funding round was a Seed of $900K, raised on Sep 17, 2018.
What is the annual revenue of PerkFinance?
Annual revenue of PerkFinance is $224.35K as on Mar 31, 2022.
What does PerkFinance do?
PerkFinance was founded in 2017 in Bengaluru, India, as a fintech company focused on mobile-based financial services. Loans and financial planning tools are provided to blue-collar employees through its platform. The operations aim to connect workers with financial institutions by delivering accessible products in the lending sector. Services are tailored for underserved segments in the Indian market.
Who are the top competitors of PerkFinance?
PerkFinance's top competitors include KarmaLife, Flex Salary and Vrddi.
Who are PerkFinance's investors?
PerkFinance has 7 investors. Key investors include FRZ Capital, Karan Virwani, Krishna Vinjamuri, Eric Bunting, and Tej Kapoor.
What is PerkFinance's valuation?
The valuation of PerkFinance is $2.84M as of Sep 2018.