About TranServ
TranServ is a company based in Mumbai (India) founded in 2011 by Anand Kapadia. TranServ has raised $25.42 million across 4 funding rounds from investors including Micromax Informatics, Bandhan Mutual Fund and Faering Capital. The company has 5 employees as of June 30, 2023. TranServ has completed 1 acquisition, including Zwitch. TranServ operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Mumbai, India
- Employees 5 as on 30 Jun, 2023
- Founders Anand Kapadia
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$3.94 M (USD)-19as on Mar 31, 2024
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Net Profit
-$2.61 M (USD)-4as on Mar 31, 2024
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EBITDA
-$1.13 M (USD)-1187as on Mar 31, 2024
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Total Equity Funding
$25.42 M (USD)
in 4 rounds
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Latest Funding Round
$6.64 M (USD), Series D
Apr 03, 2019
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Investors
Micromax Informatics
& 4 more
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Employee Count
5
as on Jun 30, 2023
- Investments & Acquisitions
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Funding Insights of TranServ
TranServ has successfully raised a total of $25.42M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $6.64 million completed in April 2019. 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 4
- Last Round Series D — $6.6M
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First Round
First Round
(12 Jul 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series D - TranServ | Valuation |
investors |
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| Apr, 2016 | Amount | Series C - TranServ | Valuation | Micromax Informatics , Bandhan Mutual Fund | |
| Jul, 2014 | Amount | Series B - TranServ | Valuation | Faering Capital |
Investors in TranServ
TranServ has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Micromax Informatics, Bandhan Mutual Fund and Faering Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focusing on investments in Indian internet, mobile, and digital payments sectors.
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Founded Year | Domain | Location | |
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Private equity firm managing investments in Indian sectors.
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Founded Year | Domain | Location | |
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Manufacturer of consumer electronics and home appliances
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Founded Year | Domain | Location |
Investments & Acquisitions by TranServ
TranServ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zwitch.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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API-enabled banking software suite is provided for financial institutions.
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2013 |
Financial Statements - TranServ
Transerv Comparisons
Competitors of TranServ
TranServ 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.
| 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.
|
Frequently Asked Questions about TranServ
TranServ was founded in 2011 and raised its 1st funding round 1 year after it was founded.
TranServ is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
TranServ is a funded company, having raised a total of $25.42M across 4 funding rounds to date. The company's 1st funding round was a Series B of $3.69M, raised on Jul 12, 2012.
As of Jun 30, 2023, the latest employee count at TranServ is 5.
Annual revenue of TranServ is $3.94M as on Mar 31, 2024.
Transerve was founded in 2011 and is headquartered in Mumbai, India. Operations focus on the fintech sector, where electronic payment services and diversified solutions for businesses are offered. Prepaid payment options, including mobile payments, remittances, and gift cards, are provided alongside checkout systems, peer-to-peer transfers, and group payment facilities. These services support both individual users and organizational needs across digital platforms.
TranServ has made 1 acquisition, including Zwitch.
TranServ has 5 investors. Key investors include Micromax Informatics, Bandhan Mutual Fund, Faering Capital, Nirvana Ventures Advisors, and Indiabulls Consumer Finance.
The valuation of TranServ is $24.41M as of Apr 2016.