PiChain

Bengaluru, India Founded: 2018 • Age: 8 yrs
KYC and AML solutions for financial institutions and digital service providers
Annual revenue $644,308 Latest available
Total funding $480,524 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About PiChain

PiChain is a company based in Bengaluru (India) founded in 2018. PiChain has raised $480.52 thousand across 2 funding rounds from investors including Turbostart, Rishabh Verdia and Saloni Verdia. PiChain offers products and services including Lead Management, Customer Onboarding, Vendor Onboarding, and Employee Onboarding. PiChain operates in a competitive market with competitors including Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Pichain Innovations Private Limited
  • Date of Incorporation 13 Nov, 2018
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $644.31 K (USD)
    261.55
    as on Mar 31, 2023
  • Net Profit
    -$15.29 K (USD)
    92.98
    as on Mar 31, 2023
  • EBITDA
    $55.6 K (USD)
    131.37
    as on Mar 31, 2023
  • Total Equity Funding
    $480.52 K (USD)

    in 2 rounds

  • Latest Funding Round
    $197.81 K (USD), Seed

    Feb 17, 2021

  • Investors
    Turbostart

    & 2 more

  • Employee Count
    Not available
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Products & Services of PiChain

PiChain offers a comprehensive portfolio of products and services, including Lead Management, Customer Onboarding, Vendor Onboarding, and Employee Onboarding.

Product name locked
Category locked
Primary

Streamlines lead capture and prioritization to avoid manual follow-ups.

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Facilitates secure and compliant customer integration processes.

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Handles vendor verification and engagement for businesses.

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Automates employee verification and onboarding workflows.

Funding Insights of PiChain

PiChain has successfully raised a total of $480.52K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $197.81 thousand completed in February 2021. 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 PiChain

PiChain has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Turbostart, Rishabh Verdia and Saloni Verdia.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital financing and ecosystem support for early-stage startups globally.
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Rishabh Verdia

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Saloni Verdia

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Investor details for PiChain

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by PiChain

Investments
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Investment portfolio details for PiChain

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Financial Statements - PiChain

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Detailed financials for PiChain

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  • Profit trends
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Pichain Comparisons

PiChain Primary company
Description
KYC and AML solutions for financial institutions and digital...
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$644.31 K (USD)
Net Profit
-$15.29 K (USD)
EBITDA
$55.6 K (USD)
Employees
Not available
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Peer comparison for PiChain

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Competitors of PiChain

PiChain 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 Perfios, Quantexa, Signicat, ComplyAdvantage and IDnow, among others.

Company Name Domain Founded year HQ Location Description
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Provides financial technology solutions for data analysis and verification globally.
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AI-powered data and decision intelligence solutions are provided for businesses.
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Software solutions for identity management are provided via APIs.
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Cloud-based anti-money laundering solutions are provided for compliance.
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Automated and expert-led identity verification services are provided.
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AI-based fraud prevention for e-commerce payments is provided.
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Detailed competitors of PiChain

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Latest news on Pichain

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Complete news archive for PiChain

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Frequently Asked Questions about PiChain

PiChain was founded in 2018 and raised its 1st funding round 2 years after it was founded.

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

PiChain is a funded company, having raised a total of $480.52K across 2 funding rounds to date.

Annual revenue of PiChain is $644.31K as on Mar 31, 2023.

PiChain was founded in 2018 in Bengaluru, India, focusing on the fintech sector. KYC and AML solutions are provided to financial institutions and digital service providers. Services encompass customer onboarding, transaction screening, e-signature capabilities, bank account verification, and additional tools. AI-driven automation is utilized for processes in corporate and retail banking operations.

PiChain's top competitors include ComplyAdvantage, IDnow and Perfios.

PiChain offers Lead Management, Customer Onboarding, Vendor Onboarding, and Employee Onboarding.

PiChain has 3 investors. Key investors include Turbostart, Rishabh Verdia, and Saloni Verdia.

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