slice - About the company
slice is a series C company based in Guwahati (India), founded in 2015 by Rajan Bajaj and Deepak Malhotra. It operates as a Provider of personal line of credits for consumers. slice has raised $342M in funding from investors like Blume Ventures, Tiger Global Management and Insight Partners, with a current valuation of $1.8B. The company has 19 active competitors, including 11 that are funded. Its top competitors include companies like OneCard, and Uni Cards.
Sectors and market segments that slice operate in
slice serves in the B2C space in the FinTech market segments.The primary business model of slice is:Company Details
Provider of personal line of credits for consumers. It offers credit cards for bill payments, cash withdrawals, and online or offline purchases. It enables users to avail cash loans and make repayments in installments. It also provides an app based virtual credit card for online transactions. The application is available on iOS and Android devices.
- Website
- Social
- Email ID
- @sliceit.com
- Phone Number
- +91
Key Metrics
Founded Year
2015
Location
Guwahati, India
Stage
Series C
Total Funding
in 16 rounds
Latest Funding Round
Post Money Valuation
as on Mar 08, 2023
Investors
Ranked
2nd among 19 active competitors
Annual Revenue
as on Mar 31, 2023
Employee Count
as on Mar 31, 2025
Similar Companies
OneCard &
Legal entities associated with slice
slice is associated with 3 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 25, 2021 | - | 321 | 857 | |
Jun 11, 2015 | $108M (as on Mar 31, 2023) | 681 | 618 | |
Jul 24, 2016 | $30.4M (as on Mar 31, 2024) | 788 | 402 |
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slice's funding and investors
slice has raised a total funding of $342M over 16 rounds. Its first funding round was on Jul 07, 2015. Its latest funding round was a Conventional Debt round on Jul 19, 2024 for $7.77M. 1 investor participated in its latest round, which include Growth Source, Blume Ventures, Star Harbor Asia and EMVC.
slice has 60 institutional investors including Blume Ventures, Tiger Global Management and Insight Partners. Gunosy is the largest institutional investor in slice. Kunal Shah and 17 others are Angel Investors in slice.
Here is the list of recent funding rounds of slice:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jul 19, 2024 | $7.77M | Conventional Debt | - | - | |
Jun 15, 2024 | $20M | Conventional Debt | - | - | |
Nov 14, 2023 | $9.01M | Conventional Debt | - | - |
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slice's founders and board of directors
The founders of slice are Rajan Bajaj and Deepak Malhotra. Rajan Bajaj is the CEO of slice. Deepak Malhotra has founded 3 more companies - Mesh, Mesh and Brick. Rajan Bajaj has founded 2 more companies - Quadrillion Finance and Mesh.
slice's board has 5 active members. Rajan Bajaj and Ashish Bhupendra Fafadia are part of team and , and are independent board members.
View details of slice's Founder profiles and Board Members
slice's Competitors and alternates
Top competitors of slice include OneCard, and Uni Cards. Here is the list of Top 10 competitors of slice, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Provider of a premium metal credit card with a digital-first approach | $262M | Better Tomorrow Ventures, QED InvestorsÌý&²¹³¾±è;Ìý | 78/100 | |
2nd | Provider of personal line of credits for consumers | $342M | Growth Source, Blume VenturesÌý&²¹³¾±è;Ìý | 78/100 | |
3rd |  2022, Bengaluru (India), Series B | Provider of credit card for travel payments | $72.1M | Tanglin Venture Partners, 3 state venturesÌý&²¹³¾±è;Ìý | 74/100 |
4th | Provider of a gold rewards credit card program | $104M | Kotta Enterprises, Elevation CapitalÌý&²¹³¾±è;Ìý | 74/100 | |
5th | Fintech platform offering UPI with credit card for payments | $19M | Stellaris Venture Partners, Omidyar Network IndiaÌý&²¹³¾±è;Ìý | 55/100 | |
6th | Online platform offering rewards for online shopping | $4.68M | RB Investments, Ìý&²¹³¾±è;Ìý | 54/100 | |
7th | 2020, Delhi (India), Seed | Online platform for point of sale financing | $1.78M | Cholamandalam Investment and Finance CompanyÌý&²¹³¾±è;Ìý | 42/100 |
8th | Galaxycard 2017, Gurugram (India), Seed | Smartphone-linked credit cards for consumers | $1.54M | , Viney Equity MarketÌý&²¹³¾±è;Ìý | 38/100 |
9th | Developer of instant personal loans and employee financial wellness solutions | $1.35M | Capitar VenturesÌý&²¹³¾±è;Ìý | 38/100 | |
10th |  Pixel Cards 2021, India, Seed | Credit cards for digital creators | $2.73M | Global Founders Capital, Ìý&²¹³¾±è;Ìý | 36/100 |
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slice's Latest cap tables and shareholding
Founders own 19.10%, Funds (largest shareholder) own 64.01%, Enterprises own 2.38% and Angels own 1.34%. The net worth of slice's founders is INR 2,200Cr as of Jun 07, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 19.10% | 2,200Cr | 2987710 | 5661114 | 1817309 | 1043622 |
3949323 | 1303497 | 6322093 | 2547337 | 6848310 | 4415321 | |
Fund | 64.01% | 7,380Cr | 2162360 | 5887065 | 3414802 | 2291018 |
3260830 | 7993715 | 6485351 | 5853030 | 6869015 | 2618809 | |
90989 | 13359 | 44428 | 45054 | 21074 | 55001 | |
64 | 10 | 40 | 68 | 88 | 43 | |
Enterprise | 2.38% | 275Cr | 93 | 88 | 13 | 98 |
Angel | 1.34% | 156Cr | 6 | 4 | 8 | 7 |
Other People | 0.07% | 8.67Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 13.10% | 1,510Cr | 6266651 | 1159632 | 8114343 | 9070643 |
Total | 100.00% | 11,500Cr | 7623986 | 7479458 | 8562303 | 2755078 |
To unlock detailed Cap Table of slice Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of slice's Shareholding
slice's Investments and acquisitions
slice has made no investments or acquisitions yet.
Reports related to slice
Here is the latest report on slice's sector:
View
News related to slice
Media has covered slice for a total of 23 events in the last 1 year, 4 of them have been about company updates and 3 about people movement.
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Punekar News•Apr 07, 2025•slice
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Business News This Week•Apr 07, 2025•slice
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YourStory•Jan 27, 2025•slice
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Indiatimes•Oct 17, 2024•slice
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about slice
When was slice founded?
slice was founded in 2015.Where is slice located?
slice is located in Guwahati, India.Is slice a funded company?
slice is a funded company, its first funding round was on Jul 07, 2015.When was the latest funding round of slice?
slice's latest funding round was on Jul 19, 2024.How much is slice worth?
The latest valuation of slice is $1.8B as on Mar 08, 2023.What is the annual revenue of slice?
Annual revenue of slice is ₹868°ä°ù as on Mar 31, 2023.Is slice a Payments company?
The primary sector of slice is Payments.Our Lite Plan Awaits you - Its Free!
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