About Splitify
Splitify is a Technology company based in Bengaluru (India) founded in 2017 by Siddhartha Agarwal and Champaka Jaiprakash Vastrad. Online platform providing solutions to manage shared expenses. The company has 21 employees. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its competitors include SuperSplit, ShareExpense and Contricenter; 1 of its 3 listed competitors has raised funding.
Company details
Splitify was founded in 2017 in Bengaluru, India, as an online platform focused on shared expense management in the fintech sector. Tools for splitting costs, including weighted options, are provided to distribute payments equitably among users. Group transactions are facilitated through digital interfaces, enabling transparent tracking and settlement. Operations center on simplifying financial interactions for groups, with services accessible via splitifyapp.com.
- Headquarters Bengaluru, India
- Employees 21
- Founders Siddhartha Agarwal, Champaka Jaiprakash Vastrad
- SectorsTechnology
- Email••••••••
- Website splitifyapp.com
- Social Facebook
- Employee Count21
Associated legal entities of Splitify
Splitify is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Splitify Llp CIN AAI-8069 | Strike Off | 10 Mar 2017 | Bangalore, Karnataka | 2 | View details | ||
| Bhoruka Park Private Limited CIN U40100KA2005PTC037407 | Active | 07 Oct 2005 | Bangalore, Karnataka | ₹52.4 Cr | 21 | 3 | View details |
Board of directors of Splitify
The boards of the 2 registered companies of Splitify currently have 4 directors; the longest-serving is Anil Kumar Bhandari, appointed in 2005. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Kumar Bhandari DIN 00031194 | Director | 07 Oct 2005 | 21 yrs 1 mo | Bhoruka Park Private Limited |
| Maqsood Ur Rahman Fazal DIN 08313329 | Designated Partner | 05 Feb 2019 | 7 yrs 9 mo | Splitify Llp |
| Champaka Jaiprakash Vastrad DIN 07697357 | Designated Partner | 24 Mar 2021 | 5 yrs 7 mo | Splitify Llp |
| Ajay Kumar Masand DIN 09662375 | Director | 15 Jul 2024 | 2 yrs 3 mo | Bhoruka Park Private Limited |
People of Splitify
2 people are tracked at Splitify (2 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
Siddhartha Agarwal | Co-Founder & Director | Leadership |
| Co-Founder & Director | Leadership |
Complete people profiles for Splitify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Splitify
Figures of Bhoruka Park Private Limited, the primary company behind Splitify, for FY 2024. Revenue was ₹52.42 Cr (+21% year on year). Net profit was ₹17.68 Cr (34% margin). EBITDA was ₹29.72 Cr (57% margin). Revenue has grown at a compounded annual rate of +10% over three years and +6% over five years.
- ₹52.42 CrRevenue · FY 2024 · +21% YoY
- ₹17.68 CrNet profit · 34% margin
- ₹29.72 CrEBITDA · 57% margin
- ₹26.22 CrPaid-up capital
- 21Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bhoruka Park Private Limited are on its company page.
Detailed financial statements for Splitify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Splitify
Splitify has 3 listed competitors in our database, 1 of them funded. They include SuperSplit, ShareExpense and Contricenter.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| supersplit.in | 2015 | Bengaluru, India | $2.47M | 177 | Provides an app-based platform for group expense sharing and bill splitting. | |
| shareexpense.in | 2014 | Vadodara, India | 62 | Expense tracking and splitting app | ||
| contricenter.com | 2014 | Indore, India | 62 | A mobile app for managing and settling group expenses efficiently. |
Detailed competitors of Splitify
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Splitify
The website of Splitify (splitifyapp.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 87.6% vs previous month
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Splitify (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about Splitify
Splitify was founded in 2017.
Splitify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Splitify has 21 employees.
Splitify was founded in 2017 in Bengaluru, India, as an online platform focused on shared expense management in the fintech sector. Tools for splitting costs, including weighted options, are provided to distribute payments equitably among users. Group transactions are facilitated through digital interfaces, enabling transparent tracking and settlement. Operations center on simplifying financial interactions for groups, with services accessible via splitifyapp.com.
Splitify's top competitors include SuperSplit, ShareExpense and Contricenter.
Splitify is associated with 2 legal entities: Splitify Llp, Bhoruka Park Private Limited.
The legal entities of Splitify currently have 5 directors, including Maqsood Ur Rahman Fazal, Champaka Jaiprakash Vastrad, Ajay Kumar Masand and others.