PowerEdge Overview
- Year Founded
-
2022
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
PowerEdge General Information
Description
Developer of a financial technology platform intended for the deployment and management of credit cards. The company's platform offers an anti-fraud ring, a credit card suite, compliance management, integration with existing banking systems, transaction processing, and analytics, enabling banks and other financial institutions to efficiently launch and operate credit card offerings while streamlining operational workflows.
Contact Information
Website
getpoweredge.com(Operating Subsidiary)
Corporate Office
- Koramangala
- Bangalore, 560034
- India
Corporate Office
- Koramangala
- Bangalore, 560034
- India
PowerEdge Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 12-Nov-2025 | Completed | Generating Revenue | |||
| 2. Seed Round | 03-Jun-2025 | Completed | Generating Revenue | |||
| 1. Seed Round | 13-Apr-2023 | $365K | $365K | Completed | Startup |
PowerEdge Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 3 CCPS | ||||||||
| Seed 2 CCPS | ||||||||
| Ordinary | 7 | $0.117151 | $51.71 | $51.71 | 1x | $51.71 | 0.04% | |
| Seed CCPS | 6,791 | $1.171515 | $51.71 | $51.71 | 1x | $51.71 | 34.77% |
PowerEdge Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| DeVC | Venture Capital | Minority | ||
| GC India Investments | Venture Capital | Minority | ||
| Lightspeed India Partners | Venture Capital | Minority | ||
| White Venture Capital | Venture Capital | Minority |
PowerEdge FAQs
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When was PowerEdge founded?
PowerEdge was founded in 2022.
-
Where is PowerEdge headquartered?
PowerEdge is headquartered in Bangalore, India.
-
What industry is PowerEdge in?
PowerEdge’s primary industry is Financial Software.
-
Is PowerEdge a private or public company?
PowerEdge is a Private company.
-
What is PowerEdge’s current revenue?
The current revenue for PowerEdge is .
-
How much funding has PowerEdge raised over time?
PowerEdge has raised $1.56M.
-
Who are PowerEdge’s investors?
DeVC, GC India Investments, Lightspeed India Partners, and White Venture Capital have invested in PowerEdge.
-
When was PowerEdge acquired?
PowerEdge was acquired on 12-Nov-2025.
-
Who acquired PowerEdge?
PowerEdge was acquired by Signzy.
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