About Rieom.ai
Rieom.ai is a company based in Pune (India) founded in 2021 was acquired by Pepper Advantage in May 2023.. The company has 224 employees as of March 22, 2024. Rieom.ai operates in a competitive market with competitors including Credit Sesame, Dovly, Bloom Credit, Stratyfy and Pave, among others.
- Headquarter Pune, India
- Employees 224 as on 22 Mar, 2024
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Pepper Advantage India Private Limited
- Date of Incorporation 23 Oct, 2019
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$277.59 K (USD)40.27as on Mar 31, 2023
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Net Profit
$-1.99 M (USD)-28.22as on Mar 31, 2023
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EBITDA
$-1.94 M (USD)-30.53as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
224
as on Mar 22, 2024
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Acquired by
Pepper Advantage
(May 17, 2023)
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Funding Insights of Rieom.ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Rieom.ai
Rieom.ai has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Pepper Advantage. 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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Credit intelligence services are delivered globally by Pepper Advantage.
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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 Rieom.ai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Rieom.ai
| 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 |
Rieom.Ai Comparisons
Competitors of Rieom.ai
Rieom.ai 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 Credit Sesame, Dovly, Bloom Credit, Stratyfy and Pave, 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 |
Personal finance management and price comparison of financial products
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| domain | founded_year | HQ Location |
Credit reports are pulled automatically, disputes sent, and changes monitored.
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| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Machine learning solutions for credit and risk decisions are provided.
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| domain | founded_year | HQ Location |
Pave is focused on helping users build credit scores.
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| domain | founded_year | HQ Location |
Fintech platform for credit repair and financial literacy is provided.
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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 Rieom.Ai
Frequently Asked Questions about Rieom.ai
When was Rieom.ai founded?
Rieom.ai was founded in 2021.
Where is Rieom.ai located?
Rieom.ai is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Rieom.ai?
Mukund Kulkarni is the current CEO of Rieom.ai.
How many employees does Rieom.ai have?
As of Mar 22, 2024, the latest employee count at Rieom.ai is 224.
What is the annual revenue of Rieom.ai?
Annual revenue of Rieom.ai is $277.59K as on Mar 31, 2023.
What does Rieom.ai do?
Rieom.ai was founded in 2021 in Pune, India, within the fintech sector. An AI-driven platform is provided for credit risk assessment, featuring tools for credit intelligence, asset management, and credit management. Services are targeted at banks and lending institutions, with applications spanning residential mortgages, small-balance MSME loans, large corporate financing, personal and auto loans, credit cards, and unsecured residuals. Operations focus on enhancing risk evaluation processes geographically centered in India.
Who are the top competitors of Rieom.ai?
Rieom.ai's top competitors include Credit Sesame, Bloom Credit and Bonify.
Who are Rieom.ai's investors?
Rieom.ai has 1 investor. Key investors include Pepper Advantage.