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Comviva - About the company

Comviva is an acquired company based in Gurugram (India), founded in 1999. It operates as a Developer of platforms for digital payments, marketing, and business operations. Comviva has raised $13.5M in funding from Sequoia Capital and Cisco, with last known valuation of $*****. The company has 242 active competitors, including 21 funded and 31 that have exited. Its top competitors include companies like Aurionpro, PagarBook and Synchronoss.

Company Details

Developer of platforms for digital payments, marketing, and business operations. The platforms facilitate digital financial services, marketing automation, and intelligent business operations. These platforms are designed for various sectors, including telecommunications. The company offers solutions for digital payments, marketing, and business growth.
Social
XFacebook
Email ID
*****@comviva.com
Phone Number
+91 **********
Part Of
Registered Address
5th, 7th & 8th Floor, Capital Cyberscape, Sector-59, Golf Course Extension Road, Gurgaon, Gurugram, Haryana, India, 122102
Key Metrics
Founded Year
1999
Location
Gurugram, India
Stage
Acquired
Total Funding
$13.5M in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Sep 17, 2012
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
3,313 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Tech Mahindra (Mar 12, 2018)

Comviva's acquisition details

Comviva got acquired by Tech Mahindra on Mar 12, 2018.
Click here to take a look at Comviva's acquisition in detail
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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 $*****. 2 investors participated in its latest round. Comviva has 3 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of Comviva:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2005
2779
Series A
3890
7649
7054
8736
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Comviva's founders and board of directors

Founder? Claim Profile
Here are the details of Comviva's key team members:

Comviva's Board of Directors

Comviva's board has 5 active members. Jagdish Mitra and Chander Prakash Gurnani are part of team and Rajat Mukherjee, Vivek Satish Agarwal and Sunita Umesh are independent board members.
Here is the list of Comviva's board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Current
3y 6m
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Team
-
Current
8y 6m
jxqfytc
Team
-
Past
6y 2m
ufoiryx
Team
-
Past
4y 7m
qasjaph
Team
-
Past
5y 3m
lfspzai
Team
-
Past
8y 1m
dhwvydo
Team
-
Past
7y 9m
dcqttbc
Team
-
Past
7y 9m
is{cnpi
Team
-
Past
8y 7m
jrrhqvx
Team
-
Past
7y 4m
fvguxfq
Investor
bgethic
Past
4y 6m
Independent board member
-
Current
11y 7m
jgeziou
Independent board member
-
Current
4y 9m
reagfmn
Independent board member
-
Current
6y 2m
krsmqna
Independent board member
-
Past
9y 6m
bsrxltp
Independent board member
-
Past
6y 7m
lhxgwlk
Independent board member
-
Past
1y 5m
cg{hfdl
Independent board member
-
Past
9y 7m
i{olykr
Independent board member
-
Past
7y 2m

Comviva's employee count trend

Comviva has 3,313 employees as of Sep 26. 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 Aurionpro, PagarBook and Synchronoss. Here is the list of Top 10 competitors of Comviva, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Comviva
Comviva
1999, Gurugram (India), Acquired
Developer of platforms for digital payments, marketing, and business operations
$13.5M
78/100
2nd
Logo for Aurionpro
Aurionpro
1997, Mumbai (India), Public
Provider of loan and cash management solutions for banks and financial institutions
-
69/100
3rd
Logo for PagarBook
PagarBook
2018, Bengaluru (India), Series A
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
$24.8M
69/100
4th
Logo for Synchronoss
Synchronoss
2000, Bridgewater (United States), Acquired
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
$34M
68/100
5th
Logo for Allot
Allot
1996, Hod Hasharon (Israel), Public
Cloud based platform offering network management software
-
65/100
6th
Logo for Amdocs
Amdocs
1982, Chesterfield (United States), Public
Cloud-based OSS and BSS solutions provider
-
65/100
7th
Logo for TBX
TBX
2022, Mumbai (India), Series B
Provider of financial infrastructure platforms for corporate banking and payments
$30M
61/100
8th
Logo for Temenos
Temenos
1993, Geneva (Switzerland), Public
Developer of AI and cloud-based banking software suite
-
60/100
9th
Logo for Ailleron
Ailleron
2007, Krakow (Poland), Public
Provider of financial technology services and software solutions for institutions
-
60/100
10th
Logo for Arya.ai
Arya.ai
2013, Mumbai (India), Acquired
Provider of AI-powered platforms and APIs for financial services
$2.01M
59/100
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Financials of ComvivaFY 25 Available

COMVIVA TECHNOLOGIES LIMITED, the legal entity associated with Comviva, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of COMVIVA TECHNOLOGIES LIMITED has a compounded annual growth rate (CAGR) of 13% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
5924
5713
2595
8463
1096
Total Sales
1607
2331
1829
3483
8658
Total Expenses
3320
8922
3725
3436
7526
Operating Expenses
3641
5036
2843
3447
6715
Employee Expenses
6181
4054
9201
3258
5472
Marketing Expenses
9603
9382
3962
3625
8636
Operating Income (EBIT)
9206
8986
5309
4031
3006
Interest Expenses
9946
6497
7316
4915
7166
Expenses from other activities
9525
2601
5155
5597
7460
EBITDA
9900
6460
1990
6417
5889
Taxes
5953
1482
2031
9120
4810
Net Profit
9077
3137
9351
5677
1831
Balance Sheet
Assets
4389
1230
4857
5985
5190
Cash Equivalent
6566
6538
7805
4915
3513
Accounts Receivables
1660
3094
1514
2571
3429
Inventory
7870
2885
7787
4018
4547
Liabilities
2249
8752
4788
6585
1937
Total Debt
9841
1052
7462
5035
8248
Accounts Payable
6585
4689
3797
1460
7757
Equities
6561
7025
8400
7268
3158
Cashflow Statement
Cash from Operating activities
5080
3175
3913
3394
4038
Cash from Investing activities
9902
9742
8714
7874
2974
Net cash from Financing activities
4359
9748
4164
8783
6983

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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  • Audited Financial Statement (AOC-4), Shareholding Pattern

Comviva's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Comviva's Investments and acquisitions

Comviva has not made any investments yet. Comviva has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 16, 2022
Acquisition
2014
Sittard (Netherlands)
Feb 01, 2019
Acquisition
2014
Sittard (Netherlands)
Sep 01, 2017
Acquisition
1998
Pyrmont (Australia)
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Reports related to Comviva

Here is the latest report on Comviva's sector:

News related to Comviva

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Media has covered Comviva for a total of 18 events in the last 1 year, 9 of them have been about company updates and 3 about people movement.
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FAQs about Comviva

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