About Swipez
Swipez is a company based in Pune (India) founded in 2014 was acquired by Briq in September 2022.. Swipez has raised $220.98 thousand across 2 funding rounds from investors including Anicut Capital, 100Unicorns and Briq. Swipez operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Pune, India
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Opus Net Private Limited
- Date of Incorporation 12 Sep, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$87.17 K (USD)45.5as on Mar 31, 2020
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Net Profit
$3.03 K (USD)-72.98as on Mar 31, 2020
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EBITDA
$913.09 (USD)-77.01as on Mar 31, 2020
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Total Equity Funding
$220.98 K (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Dec 04, 2020
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Investors
Anicut Capital
& 7 more
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Employee Count
Employee Count
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Acquired by
Briq
(Sep 08, 2022)
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Funding Insights of Swipez
Swipez has successfully raised a total of $220.98K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in December 2020. 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 2
- Last Round Seed — $200,000
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First Round
First Round
(15 Feb 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Swipez | Valuation | Anicut Capital | |
| Feb, 2019 | Amount | Angel Round - Swipez | Valuation | Ashish Jain |
| 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 Swipez
Swipez has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Anicut Capital, 100Unicorns and Briq. 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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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location | |
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SB
Sanjiv Bajaj |
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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 Swipez
| 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 - Swipez
| 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 |
Swipez Comparisons
Competitors of Swipez
Swipez 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, 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 |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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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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Frequently Asked Questions about Swipez
When was Swipez founded?
Swipez was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Swipez located?
Swipez is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Swipez a funded company?
Swipez is a funded company, having raised a total of $220.98K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $20.98K, raised on Feb 15, 2019.
What is the annual revenue of Swipez?
Annual revenue of Swipez is $87.17K as on Mar 31, 2020.
What does Swipez do?
Swipez was founded in 2014 in Pune, India, operating in the fintech sector. Cloud-based tools for billing and payments are supplied to businesses, covering expense management, payouts processing, invoice handling, and related functions. Additional services encompass venue booking oversight, payments division, and GST compliance filing. Focus remains on supporting operational needs across Indian enterprises.
Who are Swipez's investors?
Swipez has 8 investors. Key investors include Anicut Capital, 100Unicorns, Briq, Sanjiv Bajaj, and Ashvin Chadha.
What is Swipez's valuation?
The valuation of Swipez is $1.04M as of Dec 2020.