Xpedize

Gurugram, India Founded: 2017 • Age: 9 yrs Acquired By Clear
SaaS-based dynamic discounting software connects suppliers, buyers, and investors.
Request Access

About Xpedize

Xpedize is a company based in Gurugram (India) founded in 2017 by Regan Mithani and Deepak Gugnani was acquired by Clear in March 2022.. Xpedize has raised $2.23 million across 4 funding rounds from investors including Clear, LetsVenture and HDFC Capital. The company has 24 employees as of April 10, 2024. Xpedize operates in a competitive market with competitors including C2FO, Epimoney, IndiaLends, Tala and i2i, among others.

  • Headquarter Gurugram, India
  • Employees 24 as on 10 Apr, 2024
  • Founders Regan Mithani, Deepak Gugnani
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xpedize Ventures Private Limited
  • Date of Incorporation 11 Aug, 2017
  • Jurisdiction Gurugram, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance → →
Technology → Marketing, Adtech & Commerce Technology → →
Technology → Marketing, Adtech & Commerce Technology → →
Key Metrics
  • Annual Revenue
    $225.8 K (USD)
    35.11
    as on Mar 31, 2023
  • Net Profit
    $-2.02 M (USD)
    -408.68
    as on Mar 31, 2023
  • EBITDA
    $-2.06 M (USD)
    -502.61
    as on Mar 31, 2023
  • Total Equity Funding
    $2.23 M (USD)

    in 4 rounds

  • Latest Funding Round
    $928.36 K (USD), Seed

    Feb 25, 2022

  • Investors
    Clear

    & 12 more

  • Employee Count
    24

    as on Apr 10, 2024

  • Acquired by
    Clear

    (Mar 16, 2022)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Xpedize

Xpedize has successfully raised a total of $2.23M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $928.36 thousand completed in February 2022. 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 Rounds 4
  • Last Round Seed — $928,361
  • First Round

    (21 Aug 2018)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Seed - Xpedize Valuation YourNest , HDFC Capital
LetsVenture
Dec, 2020 Amount Seed - Xpedize Valuation YourNest
HDFC Capital , Lumis Partners
Mar, 2020 Amount Angel Round - Xpedize Valuation Amit Goel
Ramesh Mangaleswaran
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Xpedize

Xpedize has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Clear, LetsVenture and HDFC Capital. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
YourNest
Early-stage DeepTech venture capital funding and support services in India.
Founded Year Domain Location
Lumis Partners
Investment in alternative assets, businesses, and funds in India.
Founded Year Domain Location
Team Launchpad
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Xpedize

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Xpedize

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Xpedize Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Xpedize

Xpedize 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 C2FO, Epimoney, IndiaLends, Tala and i2i, 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
C2FO
domain founded_year HQ Location
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
Epimoney
domain founded_year HQ Location
Consumer and business loans are facilitated via an online platform.
IndiaLends
domain founded_year HQ Location
Online platform providing loans and credit cards from various financial institutions
Tala
domain founded_year HQ Location
Fintech services for credit, savings, and payments are delivered globally.
i2i
domain founded_year HQ Location
Borrowers are connected with investors through P2P lending services.
TrillionLoans
domain founded_year HQ Location
Gold loans are facilitated via an online consumer marketplace.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Xpedize

Frequently Asked Questions about Xpedize

When was Xpedize founded?

Xpedize was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Xpedize located?

Xpedize is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Is Xpedize a funded company?

Xpedize is a funded company, having raised a total of $2.23M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $132.91K, raised on Aug 21, 2018.

How many employees does Xpedize have?

As of Apr 10, 2024, the latest employee count at Xpedize is 24.

What is the annual revenue of Xpedize?

Annual revenue of Xpedize is $225.8K as on Mar 31, 2023.

What does Xpedize do?

Xpedize was founded in 2017 in Gurugram, India, as a provider of SaaS-based dynamic discounting software in the fintech sector. Investors, suppliers, and buyers are connected through the platform, enabling suppliers to extend dynamic cash discounts for accelerated payments. Compliance is supported via an integrated audit trail, while supplier relationships are strengthened. Operations focus on streamlining financial transactions across supply chains.

Who are the top competitors of Xpedize?

Xpedize's top competitors include Epimoney, C2FO and Tala.

Who are Xpedize's investors?

Xpedize has 13 investors. Key investors include Clear, LetsVenture, HDFC Capital, Lumis Partners, and YourNest.

What is Xpedize's valuation?

The valuation of Xpedize is $4.41M as of Dec 2020.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available