About SeefTech
SeefTech is a Financial Services company based in Hyderabad (India) founded in 2010 by Suryanarayana Raju Vegesna and Sandeep Kumar Nallaparaju. SeefTech delivers innovative mobile banking solutions to financial institutions worldwide. It operates on a B2B model. Its Indian entity Seef It Technologies Private Limited reported revenue of ₹46.6 Lakh. Its focus areas include Fintech, Mobile Banking and Solutions Provider. Its competitors include Tagit, Peppermint Innovation, Voxeo, Bankjoy and Flybits and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
SeefTech, founded in 2010 in Hyderabad, India, focuses on offering financial products and advice, fintech, mobile banking, and solutions provider. SeefTech delivers innovative mobile banking solutions to financial institutions worldwide. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Hyderabad, India
- Founders Suryanarayana Raju Vegesna, Sandeep Kumar Nallaparaju
- SectorsFinancial Services
- Website seeftech.com/cgi-sys/suspendedpage.cgi
- Legal Name Seef It Technologies Private Limited
- Date of Incorporation 16 Apr, 2011
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹46.6 Lakh
FY 2021 · -22% YoY
- Net Profit₹3.9 Lakh
FY 2021 · 8% margin
- EBITDA₹6.2 Lakh
FY 2021 · 13% margin
Associated legal entities of SeefTech
SeefTech operates through Seef It Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Seef It Technologies Private Limited CIN U72900TG2011PTC073910 | Active | 16 Apr 2011 | Hyderabad, Telangana | ₹0.5 Cr | – | 2 | View details |
Board of directors of Seef It Technologies Private Limited (SeefTech)
Seef It Technologies Private Limited is the primary company behind SeefTech. The board of Seef It Technologies Private Limited currently have 2 directors; the longest-serving is Sandeep Kumar Nallaparaju, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Kumar Nallaparaju DIN 03387046 | Director | 16 Apr 2011 | 15 yrs 6 mo | Seef It Technologies Private Limited |
| Purna Chandrakala Nallaparaju DIN 08248655 | Director | 28 Aug 2020 | 6 yrs 1 mo | Seef It Technologies Private Limited |
People of SeefTech
2 people are tracked at SeefTech (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Partner | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for SeefTech
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Financials of SeefTech
Figures of Seef It Technologies Private Limited, the primary company behind SeefTech, for FY 2021. Revenue was ₹46.6 Lakh (-22% year on year). Net profit was ₹3.9 Lakh (8% margin). EBITDA was ₹6.2 Lakh (13% margin). Revenue has grown at a compounded annual rate of -42% over three years and -6% over five years.
- ₹46.6 LakhRevenue · FY 2021 · -22% YoY
- ₹3.9 LakhNet profit · 8% margin
- ₹6.2 LakhEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- -42%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Seef It Technologies Private Limited are on its company page.
Detailed financial statements for SeefTech
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Competitors of SeefTech
SeefTech has 10 listed competitors in our database, 8 of them funded. They include Tagit, Peppermint Innovation, Voxeo, Bankjoy and Flybits, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tagitmobile.com | 2004 | Singapore | $9M | – | Digital engagement solutions are provided for governments and banks. | |
| pepltd.com.au | 2007 | Perth, Australia | – | – | Proprietary mobile banking technology is commercialized for financial institutions. | |
| voxeo.com | 1999 | Orlando, United States | $39.07M | 132 | IVR and VoIP platforms for customer service automation are hosted. | |
| bankjoy.com | 2014 | Detroit, United States | $120,000 | – | Mobile banking solutions are offered to credit unions. | |
| flybits.com | 2013 | Toronto, Canada | $50M | 109 | Context-as-a-Service platform is delivered for banking mobile applications. | |
| mfoundry.com | 2003 | Larkspur, United States | $41M | – | SaaS-based mobile banking solutions are provided for U.S. financial institutions. | |
| clairmail.com | 2003 | San Rafael, United States | $66.59M | 166 | Mobile solutions for banking, payments, and card services are provided. | |
| trivnet.com | 1997 | Netanya, Israel | $20.6M | – | Mobile financial services are delivered to operators and banks. | |
| monitise.com | 2003 | London, United Kingdom | – | 1 | Mobile banking and payment solutions are provided to financial institutions. | |
| firethorn.com | 2001 | Atlanta, United States | $25.08M | – | Mobile financial services are delivered via smartphone-based payment solutions. |
Detailed competitors of SeefTech
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- Full competitor set
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as SeefTech (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 SeefTech
SeefTech was founded in 2010.
SeefTech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind SeefTech, Seef It Technologies Private Limited, reported revenue of ₹46.6 Lakh for FY 2021, down 22% year on year.
SeefTech, founded in 2010 in Hyderabad, India, focuses on offering financial products and advice, fintech, mobile banking, and solutions provider. SeefTech delivers innovative mobile banking solutions to financial institutions worldwide. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
SeefTech operates through Seef It Technologies Private Limited.
The legal entities of SeefTech currently have 2 directors, including Purna Chandrakala Nallaparaju, Sandeep Kumar Nallaparaju.