About Syntizen
Syntizen is a company based in Hyderabad (India) founded in 2014 by Dinesh Reddy, Siddharth Kukatlapalli, and Vamsi Kotte was acquired by M2P Fintech in July 2022.. The company has 111 employees as of March 29, 2024. Syntizen operates in a competitive market with competitors including Perfios, IDnow, Signicat, Riskified and Onfido, among others.
- Headquarter Hyderabad, India
- Employees 111 as on 29 Mar, 2024
- Founders Dinesh Reddy, Siddharth Kukatlapalli, Vamsi Kotte
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Syntizen Technologies Private Limited
- Date of Incorporation 16 Jun, 2014
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.31 M (USD)-24.95as on Mar 31, 2023
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Net Profit
$-1.3 M (USD)-270.14as on Mar 31, 2023
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EBITDA
$-998.58 K (USD)-660.5as on Mar 31, 2023
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Latest Funding Round
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Investors
Mastercard
& 2 more
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Employee Count
111
as on Mar 29, 2024
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Acquired by
M2P Fintech
(Jul 19, 2022)
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Funding Insights of Syntizen
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Syntizen | Valuation | Access Computech , Mastercard |
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| 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 Syntizen
Syntizen has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Mastercard, M2P Fintech and Access Computech. 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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Aadhaar authentication and biometric fingerprint solutions are provided.
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Founded Year | Domain | Location | |
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Global payments are processed via card network connections.
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Founded Year | Domain | Location | |
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Banking, lending, and payment solutions are provided via custom APIs.
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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 Syntizen
| 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 - Syntizen
| 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 |
Syntizen Comparisons
Competitors of Syntizen
Syntizen 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 Perfios, IDnow, Signicat, Riskified and Onfido, 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 |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Provider of digital identity management 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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Latest news on Syntizen
Frequently Asked Questions about Syntizen
When was Syntizen founded?
Syntizen was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Syntizen located?
Syntizen is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Syntizen?
Vamsi Kotte is the current CEO of Syntizen. They have also founded this company.
How many employees does Syntizen have?
As of Mar 29, 2024, the latest employee count at Syntizen is 111.
What is the annual revenue of Syntizen?
Annual revenue of Syntizen is $1.31M as on Mar 31, 2023.
What does Syntizen do?
Syntizen was founded in 2014 in Hyderabad, India, and operates within the digital identity sector. Solutions for customer onboarding and authentication are offered, incorporating Aadhaar verification, PAN checks, and face comparison technologies. Facial attendance systems are also provided to support contactless operations across various business needs. These products enable identity verification processes that streamline onboarding experiences for enterprises.
Who are the top competitors of Syntizen?
Who are Syntizen's investors?
Syntizen has 3 investors. Key investors include Mastercard, M2P Fintech, and Access Computech.
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