About Suvidhaa
Suvidhaa is a company based in Mumbai (India) founded in 2007 by Paresh Rajde, Haresh Lakshmanlal Bathija, and Prashant Thakar.. Suvidhaa has raised $37.8 million across 5 funding rounds from investors including Mitsui & Co., International Finance Corporation and Reliance Capital. The company has 23 employees as of March 29, 2024. Suvidhaa has completed 1 acquisition, including Aasaanpay. Suvidhaa offers products and services including Suvidhaa Points and Flagship Stores. Suvidhaa operates in a competitive market with competitors including Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
- Headquarter Mumbai, India
- Employees 23 as on 29 Mar, 2024
- Founders Paresh Rajde, Haresh Lakshmanlal Bathija, Prashant Thakar
- Stage Public
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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 Suvidhaa Infoserve Limited
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Annual Revenue
$1.24 M (USD)39.57as on Mar 31, 2024
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Net Profit
$-1.94 M (USD)-2.84as on Mar 31, 2024
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EBITDA
$-921.85 K (USD)-20.79as on Mar 31, 2024
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Total Equity Funding
$37.8 M (USD)
in 5 rounds
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Latest Funding Round
$12 M (USD), Series C
Jul 13, 2018
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Investors
Mitsui & Co.
& 28 more
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Employee Count
23
as on Mar 29, 2024
- Investments & Acquisitions
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IPO & Listings of Suvidhaa
Suvidhaa is a publicly listed company on the NSE with ticker symbol SUVIDHAA in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Suvidhaa
Suvidhaa offers a comprehensive portfolio of products and services, including Suvidhaa Points and Flagship Stores. 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.
Tech-enabled outlets for financial and service transactions
Platforms for tech-driven financial services and partnerships
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Funding Insights of Suvidhaa
Suvidhaa has successfully raised a total of $37.8M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $12 million completed in July 2018. 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 5
- Last Round Series C — $12.0M
- First Round First Round
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series C - Suvidhaa | Valuation |
investors |
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| Nov, 2011 | Amount | Series C - Suvidhaa | Valuation | Mitsui | |
| Aug, 2010 | Amount | Series B - Suvidhaa | Valuation | IFC |
| 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 Suvidhaa
Suvidhaa has secured backing from 29 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Mitsui & Co., International Finance Corporation and Reliance Capital. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Diversified assets are managed across multiple investment sectors.
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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 Suvidhaa
Suvidhaa has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aasaanpay. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile card payments
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Suvidhaa
| 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 |
Suvidhaa Comparisons
Competitors of Suvidhaa
Suvidhaa 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 Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, 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 |
Loans for consumers and SMEs are provided alongside financial services.
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| domain | founded_year | HQ Location |
Digital financial and retail services are provided via agent networks.
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| domain | founded_year | HQ Location |
Provider of financial technology solutions for inclusive lending
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| domain | founded_year | HQ Location |
Digital payment and banking service provider in rural areas
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| domain | founded_year | HQ Location |
Digital payment and banking services are facilitated via retail partnerships.
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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 Suvidhaa
Frequently Asked Questions about Suvidhaa
When was Suvidhaa founded?
Suvidhaa was founded in 2007.
Where is Suvidhaa located?
Suvidhaa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Suvidhaa a funded company?
Suvidhaa is a funded company, having raised a total of $37.8M across 5 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Jun 01, 2007.
How many employees does Suvidhaa have?
As of Mar 29, 2024, the latest employee count at Suvidhaa is 23.
What is the annual revenue of Suvidhaa?
Annual revenue of Suvidhaa is $1.24M as on Mar 31, 2024.
What does Suvidhaa do?
Suvidhaa was established in 2007 in Mumbai, India, within the fintech and e-commerce sector. Financial and e-commerce services are facilitated through a network of retail outlets. Small businesses are supported in offering digital customer services. Tech-enabled financial hubs are developed, and omni-channel approaches are enabled for brands. An e-commerce platform is provided for merchants to establish online stores. Operations focus on bridging physical and digital retail channels.
Who are the top competitors of Suvidhaa?
Suvidhaa's top competitors include Pay Point India, Spice Money and Kaleidofin.
What products or services does Suvidhaa offer?
Suvidhaa offers Suvidhaa Points and Flagship Stores.
Is Suvidhaa publicly traded?
Yes, Suvidhaa is publicly traded on NSE under the ticker symbol SUVIDHAA.
How many acquisitions has Suvidhaa made?
Suvidhaa has made 1 acquisition, including Aasaanpay.
Who are Suvidhaa's investors?
Suvidhaa has 29 investors. Key investors include Mitsui & Co., International Finance Corporation, Reliance Capital, Norwest Venture Partners, and Asset Alliance.
What is Suvidhaa's ticker symbol?
The ticker symbol of Suvidhaa is SUVIDHAA on NSE.
What is Suvidhaa's valuation?
The valuation of Suvidhaa is $100.45M as of Jul 2018.
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