Comviva - About the company
Comviva is an acquired company based in Gurugram (India), founded in 1999. It operates as a Payment processing solutions for banks and businesses. Comviva has raised $13.5M in funding from Sequoia Capital and Cisco. The company has 816 active competitors, including 85 funded and 91 that have exited. Its top competitors include companies like , Jack Henry and Blend.
Company Details
Payment processing solutions for banks and businesses. It offers products such as wallets for online payments, money transfer solutions, payment gateways, recharge, kiosks, and more. It also offers digital banking for customer engagement and digital payments for acquiring, issuing, and digital lending solutions.
- Website
- Social
- Email ID
- @comviva.com
- Phone Number
- +91
Key Metrics
Founded Year
1999
Location
Gurugram, India
Stage
Acquired
Total Funding
in 1 round
Latest Funding Round
Investors
Ranked
2nd among
Annual Revenue
as on Mar 31, 2024
Employee Count
as on Jun 30, 2024
Investment & Acquisitions
Similar Companies
&
Exit Details
Acquired by Tech Mahindra (Sep 17, 2012)
Legal entities associated with Comviva
Comviva is associated with 6 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Jan 05, 2016 | - | 103 | 189 | |
Nov 04, 2019 | - | 363 | 312 | |
Jan 04, 2022 | - | 955 | 365 | |
Aug 16, 2017 | - | 149 | 456 | |
Jan 31, 2001 | - | 945 | 781 | |
May 07, 1999 | $162M (as on Mar 31, 2024) | 196 | 308 |
Get your free copy of Comviva's company profile
Comviva's acquisition details
Comviva got acquired by Tech Mahindra on Sep 17, 2012 at an acquisition amount of $48.2M.
Click to take a look at Comviva's acquisition in detail
Comviva's funding and investors
Comviva has raised a total funding of $13.5M over 1 round. Its latest funding round was a Series A round on 2005 for $13.5M. 2 investors participated in its latest round, lead by Sequoia Capital and Cisco.
Comviva has 3 institutional investors including Sequoia Capital, Cisco and . Akhil Gupta and 25 others are Angel Investors in Comviva.
Here is the list of recent funding rounds of Comviva:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
2005 | $13.5M | Series A | 5495 | 6702 |
View details of Comviva's funding rounds and investors
Comviva's founders and board of directors
Comviva's board has 5 active members. and are part of team and , and are independent board members.
View details of Comviva's Founder profiles and Board Members
Comviva's employee count trend
Comviva has 2,283 employees as of Jun 24. The total employee count is 8.8% more than what it was in Jun 23. Here is Comviva's employee count trend over the years:Comviva's Competitors and alternates
Top competitors of Comviva include , Jack Henry and Blend. Here is the list of Top 10 competitors of Comviva, ranked by ÃØÃÜÑо¿Ëù score :
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() 1984, Brookfield (United States), Public | Provider of diversified financial solutions for businesses | - | ValueAct Capital, KKRÌý&²¹³¾±è;Ìý | 80/100 |
2nd | Payment processing solutions for banks and businesses | $13.5M | WestBridge Capital, Sequoia CapitalÌý&²¹³¾±è;Ìý | 76/100 | |
3rd | Jack Henry 1976, Monett (United States), Public | Provider of a platform offering banking and payments solutions | - | 76/100 | |
4th | ![]() Blend 2012, San Francisco (United States), Public | Provider of banking and mortgage software suite for banks, credit unions, and lenders | $685M | General Atlantic, Western Technology InvestmentÌý&²¹³¾±è;Ìý | 74/100 |
5th | ![]() Infibeam Avenues 2007, Gandhinagar (India), Public | Payment acquiring and issuing solutions for businesses and merchants | - | Capital 18, Ìý&²¹³¾±è;Ìý | 72/100 |
6th | ![]() Mambu 2011, Amsterdam (Netherlands), Series E | Provider of API-enabled platform offering open banking solutions for financial institutions | $446M | TCV, Bessemer Venture PartnersÌý&²¹³¾±è;Ìý | 71/100 |
7th | Alkami 2009, Plano (United States), Public | Platform offering digital banking software suite for banks and credit unions | $421M | Herald Investment Management, General AtlanticÌý&²¹³¾±è;Ìý | 71/100 |
8th | Synctera 2019, San Francisco (United States), Series A | Developer of software suite for banks and financial institutions | $95.2M | Lightspeed Venture Partners, National Bank of CanadaÌý&²¹³¾±è;Ìý | 69/100 |
9th | Finastra 2017, London (United Kingdom), Public | Online platform offering diversified financial solutions to banks and financial institutions | - | Star Ventures, Fisher Lynch CapitalÌý&²¹³¾±è;Ìý | 69/100 |
10th | ![]() FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | Kreos Capital, Draper EspritÌý&²¹³¾±è;Ìý | 68/100 |
Looking for more details on Comviva's competitors? Click to see the top ones
Comviva's Investments and acquisitions
Comviva has acquired 3 companies including Dynacommerce, Emagine International and . Comviva has not made any investments as of now. Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Dec 16, 2022 | Acquisition | 2014 | Sittard, Netherlands | |
Sep 01, 2017 | Acquisition | - | ||
Jan 23, 2016 | Acquisition | ![]() | - |
See all acquisitions by Comviva
Reports related to Comviva
Here is the latest report on Comviva's sector:
View
News related to Comviva
Media has covered Comviva for a total of 19 events in the last 1 year, 8 of them have been about company updates and 5 about people movement.
•
•
•
•
•
•
•
•
•
Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies
212K+ Investors
580K+ Funding Rounds
207K+ Acquisitions
2.9K+ Sectors
57K+ Business Models








Are you a Founder ?
FAQ's about Comviva
Explore our recently published companies
- Pragathi International - Bengaluru based, 2009 founded, Unfunded company
- Park Lane Advice Group - Melbourne based, 2020 founded, Unfunded company
- AlgoSurg - Wilmington based, 2018 founded, Funding Raised company
- The BB Cream Girl - Dubai based, 2012 founded, Unfunded company
- Siembra la Tierra - Jayuya based, 2020 founded, Funding Raised company
- Jindus Specialty Chemicals - Delhi based, 2015 founded, Unfunded company