About Rooba Finance
Rooba Finance is a company based in Gurugram (India) founded in 2020 by Arjun Khazanchi.. Rooba Finance has raised $1.33 million across 1 funding round from investors including LetsVenture, Beacon Trusteeship and Safeagritrade. The company has 15 employees as of April 03, 2024. Rooba Finance operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Gurugram, India
- Employees 15 as on 03 Apr, 2024
- Founders Arjun Khazanchi
- Stage Minicorn
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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
*********
- Legal Name Cymbient Technologies Private Limited
- Date of Incorporation 20 Aug, 2020
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$5.43 K (USD)-70.08as on Mar 31, 2023
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Net Profit
$-308.74 K (USD)-8790.76as on Mar 31, 2023
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EBITDA
$-358.84 K (USD)-2465.52as on Mar 31, 2023
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Total Equity Funding
$1.33 M (USD)
in 1 rounds
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Latest Funding Round
$1.33 M (USD), Seed
May 21, 2022
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Investors
LetsVenture
& 54 more
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Employee Count
15
as on Apr 03, 2024
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Funding Insights of Rooba Finance
Rooba Finance has successfully raised a total of $1.33M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.33 million completed in May 2022. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.3M
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First Round
First Round
(21 May 2022)
- Investors Count 55
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Rooba Finance | Valuation | Inflection Point Ventures , LetsVenture |
| 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 |
Investors in Rooba Finance
Rooba Finance has secured backing from 55 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Beacon Trusteeship and Safeagritrade. 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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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Endurance Capital is focused on investments in Southeast Asian listed companies.
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Founded Year | Domain | Location | |
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Venture capital fund focused on early-stage startups
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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 Rooba Finance
| 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 - Rooba Finance
| 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 |
Rooba Finance Comparisons
Competitors of Rooba Finance
Rooba Finance 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
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| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
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| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
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| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
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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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| 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 Rooba Finance
Frequently Asked Questions about Rooba Finance
When was Rooba Finance founded?
Rooba Finance was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Rooba Finance located?
Rooba Finance is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Rooba Finance?
Arjun Khazanchi is the current CEO of Rooba Finance. They have also founded this company.
Is Rooba Finance a funded company?
Rooba Finance is a funded company, having raised a total of $1.33M across 1 funding round to date. The company's 1st funding round was a Seed of $1.33M, raised on May 21, 2022.
How many employees does Rooba Finance have?
As of Apr 03, 2024, the latest employee count at Rooba Finance is 15.
What is the annual revenue of Rooba Finance?
Annual revenue of Rooba Finance is $5.43K as on Mar 31, 2023.
What does Rooba Finance do?
Rooba Finance was founded in 2020 in Gurugram, India, within the fintech and web3 sector. A networking platform is offered to support web3 ecosystem adoption. Physical assets are tokenized through the platform, while digital assets including cryptocurrencies, NFTs, and tokens are managed and stored securely. Operations focus on enabling efficient asset handling for users across the region.
Who are the top competitors of Rooba Finance?
Who are Rooba Finance's investors?
Rooba Finance has 55 investors. Key investors include LetsVenture, Beacon Trusteeship, Safeagritrade, IP Ventures, and Endurance Capital.
What is Rooba Finance's valuation?
The valuation of Rooba Finance is $3.3M as of May 2022.