About PractoMind
PractoMind is a Financial Services company based in Cuttack (India) founded in 2016. It offers fintech solutions for banks, NBFCs, and businesses in financial inclusion and transactions. It operates on a B2B and SaaS model in Financial Services and Agriculture sectors. PractoMind offers products and services including Financial Inclusion Solution, Transaction Banking Solution, POS Solution, and SAAS Solution. Its focus areas include FinTech, Payment Solutions, Transaction Banking and NEFT/IMPS. Its legal entity in India is Practomind Solutions Llp (AAF-6965). Its competitors include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Practomind Technologies , Based In Bhubaneswar, India, Develops Innovative Software For Financial Services. They Provide Solutions Like Financial Inclusion, Rural Banking, And Transaction Banking To Banks, Nbfcs, And Fintechs. These Tools Help Manage Customer Services, Payments, And Lending Efficiently. The Company Focuses On Secure, Scalable Platforms For Digital Banking And Merchant Acquiring, Serving Clients In Emerging Markets.
- Headquarters Cuttack, India
- SectorsFinancial ServicesAgriculture
- Email••••••••
- Website practomind.com
- Social LinkedIn X Facebook Instagram
- Legal Name Practomind Solutions Llp
- Date of Incorporation 12 Feb, 2016
- Jurisdiction Cuttack, Odisha, India
Associated legal entities of PractoMind
PractoMind operates through Practomind Solutions Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Practomind Solutions Llp CIN AAF-6965 | Active | 12 Feb 2016 | Cuttack, Odisha | – | – | 2 | View details |
Products & Services of PractoMind
PractoMind offers a comprehensive portfolio of products and services, including Financial Inclusion Solution, Transaction Banking Solution, POS Solution, and SAAS Solution.
Enables banks to reach underserved populations for inclusive services.
Manages corporate transactions securely and efficiently for financial institutions.
Provides seamless payment processing for merchants and businesses.
Offers cloud-based tools for ERP, CRM, and LMS in financial operations.
Board of directors of Practomind Solutions Llp (PractoMind)
Practomind Solutions Llp is the primary company behind PractoMind. The board of Practomind Solutions Llp currently have 2 directors; the longest-serving is Abhisek Panda, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhisek Panda DIN 07370838 | Designated Partner | 12 Feb 2016 | 10 yrs 8 mo | Practomind Solutions Llp |
| Abinash Panda DIN 07356177 | Designated Partner | 12 Feb 2016 | 10 yrs 8 mo | Practomind Solutions Llp |
Competitors of PractoMind
PractoMind has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of PractoMind
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PractoMind
The website of PractoMind (practomind.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 52% vs previous month
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as PractoMind (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about PractoMind
PractoMind was founded in 2016.
PractoMind is headquartered in Cuttack, India. It is registered at Cuttack, Odisha, India.
Practomind Technologies , Based In Bhubaneswar, India, Develops Innovative Software For Financial Services. They Provide Solutions Like Financial Inclusion, Rural Banking, And Transaction Banking To Banks, Nbfcs, And Fintechs. These Tools Help Manage Customer Services, Payments, And Lending Efficiently. The Company Focuses On Secure, Scalable Platforms For Digital Banking And Merchant Acquiring, Serving Clients In Emerging Markets.
PractoMind's top competitors include Hedgehog lab, AlmavivA and AKQA.
PractoMind offers Financial Inclusion Solution, Transaction Banking Solution, POS Solution, and SAAS Solution.
PractoMind operates through Practomind Solutions Llp.
The legal entities of PractoMind currently have 2 directors, including Abhisek Panda, Abinash Panda.