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Suvidhaa

company

About

Suvidhaa is a renowned company in the payment and remittances space.

  • 101 - 250

Highlights

Total Funding Amount
$7M
Funding Rounds
2
Investors
2

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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