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
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Sectors
Financial ServicesTechnology
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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 Xpedize Ventures Private Limited
- Date of Incorporation 11 Aug, 2017
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$225.8 K (USD)35.11as on Mar 31, 2023
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Net Profit
-$2.02 M (USD)-408.68as on Mar 31, 2023
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EBITDA
-$2.06 M (USD)-502.61as on Mar 31, 2023
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Total Equity Funding
$2.23 M (USD)
in 4 rounds
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Latest Funding Round
$928.36 K (USD), Seed
Feb 25, 2022
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Investors
Clear
& 12 more
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Employee Count
24
as on Apr 10, 2024
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Acquired by
Clear
(Mar 16, 2022)
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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.
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.
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Early-stage DeepTech venture capital funding and support services in India.
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Investment in alternative assets, businesses, and funds in India.
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Investor details for Xpedize
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Investments & Acquisitions by Xpedize
Investment portfolio details for Xpedize
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Financial Statements - Xpedize
Detailed financials for Xpedize
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Xpedize Comparisons
Peer comparison for Xpedize
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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Consumer and business loans are facilitated via an online platform.
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Online platform providing loans and credit cards from various financial institutions
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Fintech services for credit, savings, and payments are delivered globally.
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Borrowers are connected with investors through P2P lending services.
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Gold loans are facilitated via an online consumer marketplace.
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Detailed competitors of Xpedize
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Latest news on Xpedize
Complete news archive for Xpedize
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Frequently Asked Questions about Xpedize
Xpedize was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Xpedize is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Xpedize is a funded company, having raised a total of $2.23M across 4 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Xpedize is 24.
Annual revenue of Xpedize is $225.8K as on Mar 31, 2023.
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.
Xpedize has 13 investors. Key investors include Clear, LetsVenture, HDFC Capital, Lumis Partners, and YourNest.
The valuation of Xpedize is $4.41M as of Dec 2020.