QuiD

Bengaluru, India Founded: 2023 • Age: 3 yrs
Provider of supply chain finance and invoice financing for B2B transactions
Annual revenue $273 Latest available
Total funding $5.1M 2 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About QuiD

QuiD is a company based in Bengaluru (India) founded in 2023 by Subhash Gupta and Vikram AG. QuiD has raised $5.1 million across 2 funding rounds from investors including Piyush Jain, Mint Cap Enterprises and StonePark Capital. The company has 1 employees as of April 07, 2024. QuiD offers products and services including Supply Chain Finance, Invoice Financing, Blockchain Retailer Scoring, and Analytics Solutions. QuiD operates in a competitive market with competitors including KredX, Vayana, Cashflo, CredAble and Vayana TradeXchange, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 07 Apr, 2024
  • Founders Subhash Gupta, Vikram AG
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Legal Name Quid Social Private Limited
  • Date of Incorporation 08 Apr, 2022
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $272.63 (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $152.4 (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $272.63 (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $5.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.5 M (USD), Seed

    Dec 19, 2024

  • Investors
  • Employee Count
    1

    as on Apr 07, 2024

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Products & Services of QuiD

QuiD offers a comprehensive portfolio of products and services, including Supply Chain Finance, Invoice Financing, Blockchain Retailer Scoring, and Analytics Solutions.

Product name locked
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Primary

Provides line of credit to buyers with upfront payments for suppliers.

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Offers upfront funds on invoices to ensure business cash flow.

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Evaluates retailer risk profiles using blockchain technology.

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Delivers insights on payments, invoices, and business performance.

Funding Insights of QuiD

QuiD has successfully raised a total of $5.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in December 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.

Investors in QuiD

QuiD has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Piyush Jain, Mint Cap Enterprises and StonePark Capital.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
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StonePark Capital is focused on hospitality development and acquisitions.
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Pre-seed and seed-stage investments are made across multiple sectors.
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Investor details for QuiD

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Investments & Acquisitions by QuiD

Investments
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Investment portfolio details for QuiD

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Financial Statements - QuiD

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Detailed financials for QuiD

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Quid Comparisons

QuiD Primary company
Description
Provider of supply chain finance and invoice financing for B...
Location
Bengaluru, India
Founded Year
2023
Annual Revenue
$272.63 (USD)
Net Profit
$152.4 (USD)
EBITDA
$272.63 (USD)
Employees
1
As of 2024
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Peer comparison for QuiD

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Competitors of QuiD

QuiD 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 KredX, Vayana, Cashflo, CredAble and Vayana TradeXchange, among others.

Company Name Domain Founded year HQ Location Description
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Supply chain finance solutions and automation tools are provided.
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Platform for trade credit and supply chain finance is provided.
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Provider of accounts payable automation, payment, compliance, and vendor management software
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Provider of working capital and supply chain finance solutions for businesses
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Online platform for trade financing
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Supply chain financing is facilitated through an online marketplace platform.
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Detailed competitors of QuiD

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Latest news on Quid

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Complete news archive for QuiD

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Frequently Asked Questions about QuiD

QuiD was founded in 2023 and raised its 1st funding round 1 year after it was founded.

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

QuiD is a funded company, having raised a total of $5.1M across 2 funding rounds to date.

As of Apr 07, 2024, the latest employee count at QuiD is 1.

Annual revenue of QuiD is $272.63 as on Mar 31, 2023.

QuiD was founded in 2023 in Bengaluru, India, within the fintech sector focused on supply chain solutions. Invoice financing and credit lines for buyers are offered to facilitate B2B transactions. Upfront payments on invoices are enabled, alongside blockchain-based retailer scoring and analytics dashboards for performance monitoring. Financial technology products are extended to brands, manufacturers, distributors, and retailers across operations.

QuiD's top competitors include CredAble, Vayana and KredX.

QuiD offers Supply Chain Finance, Invoice Financing, Blockchain Retailer Scoring, and Analytics Solutions.

QuiD has 5 investors. Key investors include Piyush Jain, Mint Cap Enterprises, StonePark Capital, Sushant Kumar, and Dexter Ventures.

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