About Pice
Pice is a company based in Bengaluru (India) founded in 2021 by Sandipan Mitra, Gowthami S R, and Aditya Joshi. Pice has raised $8.3 million across 2 funding rounds from investors including Nexus Venture Partners, Paramark Ventures and Abhishek Goyal. The company has 23 employees as of March 28, 2024. Pice offers products and services including Pice App, HSN Code Finder, GST Calculator, and EMI Calculator. Pice operates in a competitive market with competitors including Digistore Pay, TrulyPay, cybertelindia.com, Edhara and ALAMI INFOTECH, among others.
- Headquarter Bengaluru, India
- Employees 23 as on 28 Mar, 2024
- Founders Sandipan Mitra, Gowthami S R, Aditya Joshi
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Nanosecond Technologies Private Limited
- Date of Incorporation 22 Sep, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.05 M (USD)1202.62as on Mar 31, 2024
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Net Profit
-$705.65 K (USD)-71.23as on Mar 31, 2024
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EBITDA
-$644.71 K (USD)-33.48as on Mar 31, 2024
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Total Equity Funding
$8.3 M (USD)
in 2 rounds
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Latest Funding Round
$6.19 M (USD), Seed
Sep 30, 2024
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Investors
Nexus Venture Partners
& 12 more
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Employee Count
23
as on Mar 28, 2024
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Products & Services of Pice
Pice offers a comprehensive portfolio of products and services, including Pice App, HSN Code Finder, GST Calculator, and EMI Calculator.
App for handling business payments and invoice management.
Tool to search HSN codes and GST rates.
Calculator for computing GST amounts.
Tool for estimating EMI on loans.
Funding Insights of Pice
Pice has successfully raised a total of $8.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6.19 million completed in September 2024. 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 2
- Last Round Seed — $6.2M
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First Round
First Round
(23 Nov 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - Pice | Valuation | Nexus Venture Partners , Paramark Ventures | |
| Nov, 2021 | Amount | Seed - Pice | Valuation | Nexus Venture Partners |
Investors in Pice
Pice has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Nexus Venture Partners, Paramark Ventures and Abhishek Goyal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Paramark Ventures in startups.
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Founded Year | Domain | Location | |
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Venture capital seed round investment in fintech startup
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Founded Year | Domain | Location |
Investments & Acquisitions by Pice
Financial Statements - Pice
Pice Comparisons
Competitors of Pice
Pice 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 Digistore Pay, TrulyPay, cybertelindia.com, Edhara and ALAMI INFOTECH, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bill payment solutions for businesses are provided via mobile platforms.
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| domain | founded_year | HQ Location |
Provides comprehensive bill payment solutions for consumers and businesses to streamline financial transactions.
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| domain | founded_year | HQ Location |
Limited information is available on core activities.
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| domain | founded_year | HQ Location |
Provides B2B fintech solutions for bill payments and secure transactions.
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| domain | founded_year | HQ Location |
Bill payment solutions are offered to individuals and businesses.
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Latest news on Pice
Frequently Asked Questions about Pice
Pice was founded in 2021.
Pice is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sandipan Mitra is the current CEO of Pice. They have also founded this company.
Pice is a funded company, having raised a total of $8.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.11M, raised on Nov 23, 2021.
As of Mar 28, 2024, the latest employee count at Pice is 23.
Annual revenue of Pice is $1.05M as on Mar 31, 2024.
Founded in 2021 in Bengaluru, India, Pice operates as a fintech platform focused on bill payments for small and medium-sized businesses. Payments are enabled for suppliers, vendors, distributors, office or factory rent, and monthly GST challans, alongside a credit line for users. The application is accessible on both Android and iOS devices, supporting various business financial needs.
Pice's top competitors include ALAMI INFOTECH, Digistore Pay and cybertelindia.com.
Pice offers Pice App, HSN Code Finder, GST Calculator, and EMI Calculator.
Pice has 13 investors. Key investors include Nexus Venture Partners, Paramark Ventures, Abhishek Goyal, Samit S Shetty, and Infimomentum Venture.
The valuation of Pice is $7.35M as of Nov 2021.