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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
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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
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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.

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:
Employee count trend for Comviva
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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 :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Fiserv
1984, Brookfield (United States), Public
Provider of diversified financial solutions for businesses
-
ValueAct Capital, KKRÌý&²¹³¾±è;Ìý
80/100
2nd
Logo for Comviva
Comviva
1999, Gurugram (India), Acquired
Payment processing solutions for banks and businesses
$13.5M
WestBridge Capital, Sequoia CapitalÌý&²¹³¾±è;Ìý
76/100
3rd
Logo for Jack Henry
Jack Henry
1976, Monett (United States), Public
Provider of a platform offering banking and payments solutions
-
76/100
4th
Logo for Blend
Blend
2012, San Francisco (United States), Public
Provider of banking and mortgage software suite for banks, credit unions, and lenders
$685M
74/100
5th
Logo for Infibeam Avenues
Infibeam Avenues
2007, Gandhinagar (India), Public
Payment acquiring and issuing solutions for businesses and merchants
-
Capital 18, Ìý&²¹³¾±è;Ìý
72/100
6th
Logo for Mambu
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
Logo for Alkami
Alkami
2009, Plano (United States), Public
Platform offering digital banking software suite for banks and credit unions
$421M
71/100
8th
Logo for Synctera
Synctera
2019, San Francisco (United States), Series A
Developer of software suite for banks and financial institutions
$95.2M
69/100
9th
Logo for Finastra
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
Logo for FintechOS
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
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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
Logo of ATS
-
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Reports related to Comviva

Here is the latest report on Comviva's sector:
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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.
•
Comviva Appoints Bhagwati Shetty as CHROPeople Matters•Apr 07, 2025•Comviva
•
CNW•Mar 04, 2025•Comviva
•
Devdiscourse•Dec 10, 2024•Ferns N Petals, Comviva
•
Telecompaper•Dec 09, 2024•Mobiquity, Comviva
•
Fintech Finance•Nov 27, 2024•Comviva
•
Global FinTech Series•Nov 14, 2024•Comviva,
•
Telecompaper•Nov 12, 2024•Comviva
•
Devdiscourse•Nov 05, 2024•Comviva,
•
Telecompaper•Jul 16, 2024•Comviva
•
CNW•Jul 09, 2024•Comviva
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