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, 2025
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Net Profit
-$1.94 M (USD)-2.84as on Mar 31, 2025
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EBITDA
-$923.64 K (USD)-20.79as on Mar 31, 2025
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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.
Tech-enabled outlets for financial and service transactions
Platforms for tech-driven financial services and partnerships
People of Suvidhaa
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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
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.
| 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 |
Financial Statements - Suvidhaa
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.
| 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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Frequently Asked Questions about Suvidhaa
Suvidhaa was founded in 2007.
Suvidhaa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
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.
As of Mar 29, 2024, the latest employee count at Suvidhaa is 23.
Annual revenue of Suvidhaa is $1.24M as on Mar 31, 2025.
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.
Suvidhaa's top competitors include Pay Point India, Spice Money and Kaleidofin.
Suvidhaa offers Suvidhaa Points and Flagship Stores.
Yes, Suvidhaa is publicly traded on NSE under the ticker symbol SUVIDHAA.
Suvidhaa has made 1 acquisition, including Aasaanpay.
Suvidhaa has 29 investors. Key investors include Mitsui & Co, International Finance Corporation, Reliance Capital, Norwest Venture Partners, and Asset Alliance.
The ticker symbol of Suvidhaa is SUVIDHAA on NSE.
The valuation of Suvidhaa is $100.45M as of Jul 2018.