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Suvidhaa

Suvidhaa
2007 FOUNDED
PRIVATE STATUS
201-500 EMPLOYEES
Later Stage VC LATEST DEAL TYPE (Cancelled)
$10M LATEST DEAL AMOUNT
$25M TOTAL AMOUNT RAISED
Description

Developer of a payment management platform designed to help in electronic payments. The company's payment management platform aggregates multiple services like utility bill collection, insurance premium, mobile and DTH recharge, travel tickets, money transfer services on a single platform through a network of 80,000 franchise outlets across India, enabling users to make payments and remittances across the multiple services without facing any problem.

Website:
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Financial Services
Other Industries
Application Software
Financial Software
Primary Office
Hi - Tech Plaza
Mahakali Caves Road, Andheri East
Mumbai, Maharashtra 400093
India

+91 (0)92 2322 5225
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Suvidhaa Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 19-Sep-2016 $10M Cancelled Generating Revenue
4. Later Stage VC (Series C) 15-Nov-2011 0000 0000 Completed Generating Revenue
3. Early Stage VC (Series B) 18-Aug-2010 000 0000 Completed Startup
2. Early Stage VC 01-May-2008 $6M $6M Completed Startup
1. Seed Round Completed Startup
To view this company’s complete deal history including valuation and funding request access »

Suvidhaa Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
International Finance Corporation PE/Buyout Minority 000 0000 000000 0
Mitsui Global Investment Venture Capital Minority 000 0000 000000 0
Norwest Venture Partners Venture Capital Minority 000 0000 000000 0
Pallonji Mistry Angel (individual) Minority 000 0000 000000 0
Reliance Venture Asset Management Corporate Venture Capital Minority 000 0000 000000 0

Suvidhaa Executive Team (5)

Name Title Board
Seat
Contact
Info
Prashant Thakar Chief Financial Officer
Paresh Rajde Founder & Chairman
Jayesh Surve Manager, Operations and Sales Operation
Prashant Kumar Vice President, Consumer Business
Naresh Sharma Vice President, Technology

Suvidhaa Board Members (6)

Name Representing Role Since Contact
Info
Kshitij Gupta Reliance Venture Asset Management Board Member 000 0000
Niren Shah Norwest Venture Partners Board Member 000 0000
Paresh Rajde Suvidhaa Founder & Chairman 000 0000

3 Former Board Members

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