About Zwitch
Zwitch is a company based in Bengaluru (India) founded in 2013 was acquired by Transerve in October 2014. It operates as a API-as-a-Product, and FinTech. Zwitch offers products and services including Payment Gateway, Payouts, Zwitch Bill Connect, and Verification Suite. Zwitch operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
- Headquarter Bengaluru, India
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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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- Legal Name Open Financial Technologies Private Limited
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Products & Services of Zwitch
Zwitch offers a comprehensive portfolio of products and services, including Payment Gateway, Payouts, Zwitch Bill Connect, and Verification Suite. 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.
Online payments are facilitated with diverse payment options.
Instant payouts are enabled across multiple connected banks.
Interoperable bill payments are supported through ERP connections.
Compliance and onboarding are enhanced with verification APIs.
Funding Insights of Zwitch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Zwitch
Zwitch has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TranServ. 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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Digital payment solutions are provided for individuals and organizations.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Zwitch
| 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 - Zwitch
| 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 |
Zwitch Comparisons
Competitors of Zwitch
Zwitch 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 Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, 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 |
Diversified financial solutions for business processing and management are provided.
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Software platforms for telecommunications, digital payments, and experiences are provided.
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Banking and payments solutions are provided through a dedicated platform.
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Digital solutions for mortgage and consumer lending are provided.
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| domain | founded_year | HQ Location |
Digital payment solutions and enterprise software platforms are provided.
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| domain | founded_year | HQ Location |
API-enabled open banking platform is provided for financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Zwitch
Frequently Asked Questions about Zwitch
When was Zwitch founded?
Zwitch was founded in 2013.
Where is Zwitch located?
Zwitch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does Zwitch do?
Zwitch is established as a comprehensive financial platform in India, offering solutions for online payments, payouts, bill connections, and verification services. Operations are supported across various sectors including HR tech, fintech, logistics, and marketplaces. Diverse payment methods are provided, with over 150 options integrated. Connections with over 150 banks and 1000 ERPs are maintained for seamless transactions. Revenue growth and operational efficiency are facilitated through embedded finance APIs tailored for businesses and developers.
What products or services does Zwitch offer?
Zwitch offers Payment Gateway, Payouts, Zwitch Bill Connect, and Verification Suite.
Who are Zwitch's investors?
Zwitch has 1 investor. Key investors include TranServ.
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