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Suvidhaa
company
About
Suvidhaa is a renowned company in the payment and remittances space.
- 101 - 250
Highlights
Details
- Last Funding Type
- Series A
- Industries
- Information Services,Information Technology,Internet
- Founded date
- Jan 1, 2007
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Suvidhaa is a renowned company in the payment and remittances space. We are a leading aggregator of 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 the country. Our innovative business model has brought about a radical change in the way people make payments and remittances across multiple services. Over 300 Service Providers ride on Suvidhaa’s robust S-Commerce® Platform to reach their last mile.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$7M
Suvidhaa has raised a total of
$7M
in funding over 2 rounds. Their latest funding was raised on
Aug 18, 2010 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 18, 2010 | Series B | $7M | 2 | — | — | Detail |
| Jan 1, 2008 | Series A | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
2
Suvidhaa is funded by 2 investors.
Norwest Venture Partners
and IFC InfraVentures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Norwest Venture Partners
|
— | Series B |
IFC InfraVentures
|
— | Series B |
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