ItzCash Overview
- Year Founded
-
2006
- Status
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Acquired/Merged
- Employees
-
219
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$120M
- Investors
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1
ItzCash General Information
Description
Operator of multi-service prepaid cash card company designed to empower individuals to handle money in a simple, safe and convenient manner. The company's multi-service prepaid cash card offers multipurpose stored value cards in various denominations that facilitate online and on-mobile payment for the purchase of various goods and services from affiliated merchants and the cards are also used to make payments for shopping, travel booking, mobile top-ups, utility bills, entertainment booking, book subscriptions, gaming, astrological reading, donations, charity, insurance, matrimonial and educational services, enabling customers to handle money in a safer way and make online payments of various activities.
Contact Information
Website
www.itzcash.comCorporate Office
- Top 14th Floor
- Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel
- Mumbai, Maharashtra 400013
- India
Corporate Office
- Top 14th Floor
- Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel
- Mumbai, Maharashtra 400013
- India
ItzCash Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 01-Apr-2017 | $120M | Completed | Profitable | ||
| 4. Later Stage VC | 13-Feb-2015 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 02-Sep-2014 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 22-Jul-2009 | $10.3M | $20.3M | Completed | Startup | |
| 1. Early Stage VC | 01-Jan-2007 | $10M | $10M | Completed | Startup |
ItzCash Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary |
ItzCash Comparisons
Industry
Financing
Details
ItzCash Competitors (18)
One of ItzCash’s 18 competitors is Eko, a Venture Capital-Backed company based in New Delhi, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Eko | Venture Capital-Backed | New Delhi, India | ||||
| CCAvenues | Failed Transaction (M&A) | Dubai, United Arab Emirates | ||||
| Edenred Group | Corporation | Issy-les-Moulineaux, France | ||||
| Alipay (UK) | Corporation | London, United Kingdom | ||||
| Visa France | Corporate Backed or Acquired | Paris, France |
ItzCash Signals
ItzCash Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Intel Capital | Corporate Venture Capital | Minority | ||
| Lightspeed India Partners | Venture Capital | Minority | ||
| Z47 | Venture Capital | Minority |
ItzCash Investments (1)
ItzCash’s most recent deal was a Corporate with Finly (Financial Software). The deal was made on 27-Feb-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Finly (Financial Software) | 27-Feb-2017 | Corporate | Financial Software |
ItzCash FAQs
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When was ItzCash founded?
ItzCash was founded in 2006.
-
Where is ItzCash headquartered?
ItzCash is headquartered in Mumbai, India.
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What is the size of ItzCash?
ItzCash has 219 total employees.
-
What industry is ItzCash in?
ItzCash’s primary industry is Other Financial Services.
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Is ItzCash a private or public company?
ItzCash is a Private company.
-
What is the current valuation of ItzCash?
The current valuation of ItzCash is .
-
What is ItzCash’s current revenue?
The current revenue for ItzCash is .
-
How much funding has ItzCash raised over time?
ItzCash has raised $51.8M.
-
Who are ItzCash’s investors?
, Intel Capital, Lightspeed India Partners, and Z47 have invested in ItzCash.
-
Who are ItzCash’s competitors?
Eko, CCAvenues, Edenred Group, Alipay (UK), and Visa France are some of the 18 competitors of ItzCash.
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When was ItzCash acquired?
ItzCash was acquired on 01-Apr-2017.
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Who acquired ItzCash?
ItzCash was acquired by Ebix.
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