When was Suvidhaa founded?

Suvidhaa was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is Suvidhaa located?

Suvidhaa is headquartered in Mumbai, India. It is registered at HI TECH PLAZA, 2ND FLOOR MAHAKALI CAVES ROAD, ANDHERI(EAST) MUMBAI MH 400093 IN.

Which legal entities is Suvidhaa associated with?

Suvidhaa is associated with Suvidhaa Infoserve Private Limited and 1 other.

How many employees does Suvidhaa have?

As of Apr 30, 2025, the latest employee count at Suvidhaa is 15.

Is Suvidhaa a funded company?

Suvidhaa is a funded company, having raised a total of $37.8M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2007.

When was the latest funding round of Suvidhaa?

Suvidhaa's latest funding was a $***** Series C round on Jul 13, 2018, with participation from 25 investors.

What is the annual revenue of Suvidhaa?

Annual revenue of Suvidhaa is ₹11.2Cr as on Mar 31, 2025.

Where does Suvidhaa rank among its competitors?

Suvidhaa ranks 8th amongst 313 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was PayNearby, which secured $2.31M in Feb, 2025.

Who are the top competitors of Suvidhaa?

Suvidhaa's top competitors include Pay Point India, Spice Money and RNFI Services. Among them, PayNearby secured the most recent funding round in February, 2025.

Suvidhaa - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Operator of tech-enabled retail outlets providing financial and other services. The company facilitates digital transactions and aims to empower small businesses. It offers a platform for merchants to create online stores. The company builds financial service hubs and powers omnichannel strategies for brands.

Website: suvidhaa.com
Email ID: *****@suvidhaa.com
Phone Number: +91 **********
Registered Address: HI TECH PLAZA, 2ND FLOOR MAHAKALI CAVES ROAD, ANDHERI(EAST) MUMBAI MH 400093 IN

Key Metrics

Founded Year

2007

Location

Mumbai, India

Stage

Public

Total Funding

$37.8M in 5 rounds

Latest Funding Round

Series C, Jul 13, 2018, $*****

Investors

IFC & 43 more

Ranked

8^th among 313 active competitors

Annual Revenue

₹11.2Cr as on Mar 31, 2025

Employee Count

15 as on Apr 30, 2025

Investment & Acquisitions

Infibeam Avenues & 1 more

Similar Companies

Baobab & 907 more

Exit Details

Public

View Suvidhaa's full profile

Suvidhaa is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Suvidhaa Infoserve Private Limited CIN: U72900MH2007PTC171937 , India, Active	Jun 21, 2007	$15.7M (As on Mar 31, 2021)	-
Suvidhaa Infoserve Limited CIN: L72900GJ2007PLC109642 , India, Active	Jun 22, 2007	$1.32M (As on Mar 31, 2025)	15 (As on Apr 30, 2025)

Suvidhaa got listed on Mar 31, 2021.

Click here to take a look at Suvidhaa's IPO in detail

Suvidhaa has raised a total funding of $37.8M over 5 rounds. Its first funding round was on 2007. Its latest funding round was a Series C round on Jul 13, 2018 for $*****. 25 investors participated in its latest round. Suvidhaa has 8 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Suvidhaa:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 13, 2018	5087933	Series C	4283754	6854941	3335382	2198660
Nov 01, 2011	7131013	Series C	6576291	1486993	7566234	IFC & 1 more
Aug 13, 2010	5805085	Series B	9198303	5043005	IFC	Reliance Capital & 1 more

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View details of Suvidhaa's funding rounds and investors

The founders of Suvidhaa are Paresh Rajde and Paresh Rajde.

Here are the details of Suvidhaa's key team members:

Paresh Rajde: Co-Founder of Suvidhaa and founder of 2 other companies, Suvidhaa Infoserve and Select Jobs. They serve on the boards of 2 companies.
Paresh Rajde: Founder of Suvidhaa.
Contact Info: 1 email address

Suvidhaa's Board of Directors

Suvidhaa's board has 10 active members. Paresh Rajde, Niren Narendra Shah, Kenichi Kogiku, Nilesh Navinchandra Gor, Tanuj Paresh Rajde, Mahesh Jamnadas Rajde and Naresh Banarsilal Sharma are part of team and Shail Shah, Ritesh Bharat Chothani and Jyoti Dheeraj Malhotra are independent board members.

Here is the list of Suvidhaa's board of directors:

Name	Type	Representing	Status	Duration
Paresh Rajde	Team	-	Current	18y 10m
Mahesh Jamnadas Rajde	Team	-	Current	15y 8m
sqkxcpj	Team	-	Current	7y 9m
evykbyb	Team	-	Past	2y 1m
hyjfwmv	Team	-	Past	4y 4m
jxdpbjj	Team	-	Past	4y 4m
nreereb	Team	-	Past	9y 7m
Niren Narendra Shah	Investor	Mitsui	Current	17y 8m
Kenichi Kogiku	Investor	Mitsui	Current	13y 10m
gbuldpm	Investor	gacptcc	Past	6y 9m
Shail Shah	Independent board member	-	Current	5y 2m
xbmfoxx	Independent board member	-	Current	3y 2m
{iyhnzl	Independent board member	-	Current	8y 1m
xudrunw	Independent board member	-	Past	1y 7m

View details of Suvidhaa's Founder profiles and Board Members

Suvidhaa's employee count trend

Suvidhaa has 15 employees as of Apr 25. The total employee count is 21.0% lower than what it was in Apr 24. Here is Suvidhaa's employee count trend over the years:

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Top competitors of Suvidhaa include Pay Point India, Spice Money and RNFI Services. Here is the list of Top 10 competitors of Suvidhaa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pay Point India 2007, Mumbai (India), Seed	Provider of digital financial services and retail solutions via agent network	$8.01M	Prime Capital Market, Yantra Esolarindia ... & 20 others	68/100
2nd	Spice Money 2000, Noida (India), Series B	Digital payment and banking service provider in rural areas	$15.4M	Sood Infomatics, Lehman Brothers Opportunity ... & 56 others	67/100
3rd	RNFI Services 2015, Delhi (India), Public	Digital payment solution provider	-	-	59/100
4th	PayNearby 2016, Mumbai (India), Seed	Digital platform providing range of payment and digital banking services	$4.55M	Roha, Silk Bridge Partners & 9 others	59/100
5th	Vakrangee 1990, Mumbai (India), Public	Agent-based platform offering correspondent banking solutions	-	Baron Funds	52/100
6th	FingPay 2016, Indore (India), Series A	Provider of banking and financial services for last mile transactions	$3.73M	IvyCap Ventures, ICICI Bank & 5 others	52/100
7th	FindiBANKIT 2017, Noida (India), Acquired	Provider of financial and utility services through a network of agents	-	-	52/100
8th	Suvidhaa 2007, Mumbai (India), Public	Operator of tech-enabled retail outlets providing financial and other services	$37.8M	Mitsui, Norwest & 42 others	49/100
9th	StoreKing 2012, Bengaluru (India), Series B	Provider of online supermarket services for small-town retailers	$43.7M	Mangrove Capital Partners, Axiata Group & 5 others	48/100
10th	Mahagram 2015, Thane (India), Deadpooled	API-based corresponding banking solutions	-	-	47/100

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Founders (largest shareholder) own 30.73%, Funds own 15.35%, Enterprises own 2.55% and Angels own 10.84%. The net worth of Suvidhaa's founders is INR 211Cr as of Jul 13, 2018.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	30.73%	211Cr	6785678	7238427	7278396	4987351
Paresh Rajde	3151151	6620547	7562711	1353513	4512784	8852332
Fund	15.35%	106Cr	6152777	8728345	7731780	1288234
Elara Capital	8	1	3	1	4	1
Reliance Capital	904953	422954	229512	783895	768585	250972
IFC	0	0	0	0	0	0
Mitsui	0	0	0	0	0	0
Enterprise	2.55%	17.6Cr	56	42	54	27
Angel	10.84%	74.4Cr	3114620	2792241	7952548	8534293
Shapoor Pallonji Mistry	239	259	838	728	382	169
Other People	0.57%	4.19Cr	0	0	0	0
ESOP Pool	39.94%	275Cr	2578717	4996636	3756337	6742604
Total	99.98%	688Cr	9258860	4155357	2919557	4421185