About ZikZuk
ZikZuk is a company based in Hyderabad (India) founded in 2011 by Rahul Rasa.. ZikZuk has raised $1.43 million across 1 funding round from investors including eYantra. The company has 5 employees as of April 05, 2024. ZikZuk has completed 1 acquisition, including TaxSpanner. ZikZuk offers products and services including Business Finance Manager, Connected Banking, SME Credit Card, and Prepaid Card. ZikZuk operates in a competitive market with competitors including Tide, Open, Chqbook, Vanghee and Tijoree, among others.
- Headquarter Hyderabad, India
- Employees 5 as on 05 Apr, 2024
- Founders Rahul Rasa
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zikzuk Technologies Private Limited
- Date of Incorporation 05 Jun, 2014
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$1.14 M (USD)6613.81as on Mar 31, 2023
-
Net Profit
$124.22 K (USD)168.15as on Mar 31, 2023
-
EBITDA
$147.58 K (USD)180.9as on Mar 31, 2023
-
Total Equity Funding
$1.43 M (USD)
in 1 rounds
-
Latest Funding Round
$1.43 M (USD), Series A
Nov 30, 2022
- Investors
-
Employee Count
5
as on Apr 05, 2024
- Investments & Acquisitions
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.
- 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
Products & Services of ZikZuk
ZikZuk offers a comprehensive portfolio of products and services, including Business Finance Manager, Connected Banking, SME Credit Card, and Prepaid Card. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven platform for managing SME finances and growth.
Tool for aggregating and monitoring multiple bank accounts securely.
Credit card solution for SMEs to access affordable funding.
Prepaid card for transaction management and business expenses.
Funding Insights of ZikZuk
ZikZuk has successfully raised a total of $1.43M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.43 million completed in November 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 Funding
- Total Rounds 1
- Last Round Series A — $1.4M
-
First Round
First Round
(30 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - ZikZuk | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ZikZuk
ZikZuk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include eYantra. 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 |
|---|---|---|---|---|
|
Online platform that specializes in providing customized corporate gifts
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ZikZuk
ZikZuk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TaxSpanner. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online tax e-filing and ITR preparation services are offered securely.
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ZikZuk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zikzuk Comparisons
Competitors of ZikZuk
ZikZuk 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 Tide, Open, Chqbook, Vanghee and Tijoree, 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 |
Tide is recognized as a digital banking platform for businesses.
|
|
| domain | founded_year | HQ Location |
A platform is operated for streamlining business payments and invoicing.
|
|
| domain | founded_year | HQ Location |
Provider of banking, lending, insurance, and transaction management solutions for small businesses
|
|
| domain | founded_year | HQ Location |
Digital bank for businesses
|
|
| domain | founded_year | HQ Location |
Digital banking services for businesses are provided online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Zikzuk
Frequently Asked Questions about ZikZuk
When was ZikZuk founded?
ZikZuk was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is ZikZuk located?
ZikZuk is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is ZikZuk a funded company?
ZikZuk is a funded company, having raised a total of $1.43M across 1 funding round to date. The company's 1st funding round was a Series A of $1.43M, raised on Nov 30, 2022.
How many employees does ZikZuk have?
As of Apr 05, 2024, the latest employee count at ZikZuk is 5.
What is the annual revenue of ZikZuk?
Annual revenue of ZikZuk is $1.14M as on Mar 31, 2023.
What does ZikZuk do?
ZikZuk was founded in 2011 in Hyderabad, India, as a provider of neobanking and business intelligence platforms targeted at small and medium-sized enterprises. Financial management tools are integrated with accounting software to deliver data-driven insights. Data from multiple bank accounts is aggregated through connected banking features for a centralized financial overview. Access to credit is facilitated, and financial visibility is enhanced for SMEs in the fintech sector.
What products or services does ZikZuk offer?
ZikZuk offers Business Finance Manager, Connected Banking, SME Credit Card, and Prepaid Card.
How many acquisitions has ZikZuk made?
ZikZuk has made 1 acquisition, including TaxSpanner.
Who are ZikZuk's investors?
ZikZuk has 1 investor. Key investors include eYantra.
What is ZikZuk's valuation?
The valuation of ZikZuk is $2.52M as of Nov 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.