About Rive
Rive is a company based in Bengaluru (India) founded in 2022 by Ritvik Jain and Prashanth Guru was acquired by Xare in January 2023. It operates as a FinTech, and Commission-Based. The company has 1 employees as of March 20, 2024. Rive offers products and services including Rive App, Bill Payments, and Travel Booking. Rive operates in a competitive market with competitors including Postpe, RedCarpetUp, Galaxycard and MLakshmi, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 20 Mar, 2024
- Founders Ritvik Jain, Prashanth Guru
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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 Efingen Technologies Private Limited
- Date of Incorporation 10 Mar, 2022
- Jurisdiction Jayanagar, Karnataka, India
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Products & Services of Rive
Rive offers a comprehensive portfolio of products and services, including Rive App, Bill Payments, and Travel Booking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-in-one app for payments and travel booking services.
Service for paying bills across multiple utility providers.
Platform for booking flights, hotels, and other travel.
Funding Insights of Rive
| 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 |
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Investors in Rive
Rive has secured backing from 1 investor. Prominent investors backing the company include Xare. 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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Global payments platform for individuals & businesses
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Rive
| 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 - Rive
| 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 |
Rive Comparisons
Competitors of Rive
Rive 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 Postpe, RedCarpetUp, Galaxycard and MLakshmi, 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 |
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| domain | founded_year | HQ Location |
App-based platform for point of sale financing
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| domain | founded_year | HQ Location |
Short-term credit solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Smartphone-linked credit cards are issued for consumer payments.
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| domain | founded_year | HQ Location |
Developer of purchase financing solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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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Frequently Asked Questions about Rive
When was Rive founded?
Rive was founded in 2022.
Where is Rive located?
Rive is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Rive have?
As of Mar 20, 2024, the latest employee count at Rive is 1.
What does Rive do?
Rive is established as a comprehensive financial platform offering services like bill payments, mobile recharges, and travel bookings. It operates in the digital finance sector, providing solutions for managing personal finances and lifestyle needs. Users are supported with secure transactions, fast processing, rewards, and 247 assistance. The app is designed to simplify financial tasks and enhance user experience through innovative features.
Who are the top competitors of Rive?
Rive's top competitors include Postpe, RedCarpetUp and Galaxycard.
What products or services does Rive offer?
Rive offers Rive App, Bill Payments, and Travel Booking.
Who are Rive's investors?
Rive has 1 investor. Key investors include Xare.
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