About TechBiz
TechBiz is a company based in Pune (India) founded in 2019 by Pratyush Sharma and Vikramaditya Patil was acquired by CredFlow in June 2023.. TechBiz has raised $125 thousand across 1 funding round from investors including CredFlow and Y Combinator. The company has 1 employees as of April 07, 2024. TechBiz operates in a competitive market with competitors including Qonto, Melio, Lili, Settle and Baiwang, among others.
- Headquarter Pune, India
- Employees 1 as on 07 Apr, 2024
- Founders Pratyush Sharma, Vikramaditya Patil
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Acadpal Private Limited
- Date of Incorporation 07 Oct, 2020
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$4.54 (USD)0as on Mar 31, 2021
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Net Profit
$-5.53 K (USD)0as on Mar 31, 2021
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EBITDA
$-5.53 K (USD)0as on Mar 31, 2021
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2021
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Investors
CredFlow
& 1 more
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Employee Count
1
as on Apr 07, 2024
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Acquired by
CredFlow
(Jun 07, 2023)
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Funding Insights of TechBiz
TechBiz has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2021. 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 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - TechBiz | Valuation | Y Combinator |
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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 TechBiz
TechBiz has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CredFlow and Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Cashflow management platform is offered to small and medium enterprises.
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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 TechBiz
| 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 - TechBiz
| 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 |
Techbiz Comparisons
Competitors of TechBiz
TechBiz 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 Qonto, Melio, Lili, Settle and Baiwang, 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 |
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| domain | founded_year | HQ Location |
Subscription-based online banking is offered to SMEs and freelancers.
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| domain | founded_year | HQ Location |
Blood-based pathogen detection devices are manufactured for healthcare applications.
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| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers.
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| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
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| domain | founded_year | HQ Location |
Electronic invoicing and invoice management services are provided to businesses.
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| domain | founded_year | HQ Location |
Online invoicing and payment software is provided for businesses.
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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 TechBiz
When was TechBiz founded?
TechBiz was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is TechBiz located?
TechBiz is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is TechBiz a funded company?
TechBiz is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.
How many employees does TechBiz have?
As of Apr 07, 2024, the latest employee count at TechBiz is 1.
What is the annual revenue of TechBiz?
Annual revenue of TechBiz is $4.54 as on Mar 31, 2021.
What does TechBiz do?
TechBiz was founded in 2019 in Pune, India, to operate in the fintech sector focused on debt management. An app-based platform is provided for handling debt analysis, recovery processes, invoice collection, and tracking. Customer and sales management features are also included. The application is accessible on Android and iOS devices for users in relevant operations.
Who are TechBiz's investors?
TechBiz has 2 investors. Key investors include CredFlow, and Y Combinator.
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