Digiledge - About the company
Digiledge is an acquired company based in Bengaluru (India), founded in 2017 by Mahesh Govind and Chandni Mahesh. It operates as a Providing solutions for banks on SaaS or hosted model. The company has 664 active competitors, including 158 funded and 62 that have exited. Its top competitors include companies like TrueLayer, Moniepoint and Cross River Bank.
Company Details
Providing solutions for banks on SaaS or hosted model. Solutions are in the area of bill payment complete solution with switching systems, digital rupee (CBDC), switching systems , ONDC systems and blockchain. BBPS NPCI Empanelled TSP (Technology Service Provider) solutions for biller operating unit, integrating billers to BBPS system, customer operating using agent based solutions, and more. Provide API integrated digital solution for commerce, payment and digital currency transactions. Features CBDC (Central Bank Digital Currency) which is deployed live in multiple banks, switching system, retail end users, merchant users, and more. Technical Service Providers (TSPs) who are certified experts in facilitating seamless payments and collections for billers.
- Website
- digiledge.in
- Email ID
- *****@digiledge.in
- Phone Number
- +91 **********
- Registered Address
- 91, Springboard Gopala Krishna Complex 45/3, Residency Road, Mahatma Gandhi Road, Richmond Town, Bangalore, Bangalore North, Karnataka, India, 560025
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Acquired
Ranked
68th among 664 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
37 as on Sep 30, 2026
Exit Details
Acquired by Mintoak (Mar 04, 2025)
Legal entities associated with Digiledge
Digiledge is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
IMMERGRO TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2017PTC099183 , India, Active | Jan 13, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | 25 (As on Dec 31, 2024) |
Digiledge's acquisition details
Digiledge got acquired by Mintoak on Mar 04, 2025.
Click here to take a look at Digiledge's acquisition in detail
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Digiledge's funding and investors
Digiledge is a funded company.
Digiledge's founders and board of directors
Founder? Claim ProfileThe founders of Digiledge are Mahesh Govind and Chandni Mahesh. Mahesh Govind is the CEO of Digiledge.
Here are the details of Digiledge's key team members:
- Mahesh Govind: Co-Founder & CEO of Digiledge and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Chandni Mahesh: Co-Founder of Digiledge. They serve on the board of 1 company.Contact Info: 1 email address
Digiledge's Board of Directors
Digiledge's board has 3 active members. Mahesh Govind, Chandni Mahesh and Mahesh Govind are part of team.Here is the list of Digiledge's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 9m | |
Team | - | Current | 9y 9m | |
Team | - | Current | 9y 9m |
View details of Digiledge's Founder profiles and Board Members
Digiledge's employee count trend
Digiledge has 37 employees as of Sep 26. Here is Digiledge's employee count trend over the years:
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Digiledge's Competitors and alternates
Top competitors of Digiledge include TrueLayer, Moniepoint and Cross River Bank. Here is the list of Top 10 competitors of Digiledge, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueLayer 2016, London (United Kingdom), Series E | Provider of open banking infrastructure for digital payments and verification | $349M | 78/100 | |
2nd | Moniepoint 2019, London (United Kingdom), Series C | Provider of integrated financial services for business and individual users | $266M | 76/100 | |
3rd | Cross River Bank 2008, Fort Lee (United States), Series D | Platform offering API-driven financial infrastructure | $918M | 74/100 | |
4th | Galileo 2000, Sandy (United States), Acquired | Provider of cloud-based platform for financial technology and digital banking | $85M | 72/100 | |
5th | Platform offering open banking API | $158M | 71/100 | ||
6th | Trustly 2008, San Carlos (United States), Acquired | Open banking-enabled payment processing solution for businesses | $28.7M | 71/100 | |
7th | Modulr 2016, London (United Kingdom), Series C | Provider of automated payment processing and financial infrastructure software tools | $200M | 69/100 | |
8th | Developer of open banking API solutions | $74.3M | 69/100 | ||
9th | Lean 2019, Riyadh (Saudi Arabia), Series B | Provider of open banking platform for financial data and payments | $104M | 69/100 | |
10th | Griffin 2017, London (United Kingdom), Series A | Provider of banking infrastructure and embedded financial product software interfaces | $67.4M | 69/100 | |
68th | Providing solutions for banks on SaaS or hosted model | - | - | 53/100 |
Looking for more details on Digiledge's competitors? Click here to see the top ones
Financials of DigiledgeFY 25 Available
IMMERGRO TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Digiledge, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of IMMERGRO TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 113% 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 | 7633 | 5609 | 5182 | 4405 | 2040 |
Total Sales | 9984 | 6733 | 8074 | 6259 | 6238 |
Total Expenses | 1331 | 2556 | 1773 | 7302 | 7302 |
Operating Expenses | 8917 | 9684 | 7625 | 4325 | 4549 |
Employee Expenses | 4674 | 4713 | 6958 | 5081 | 8950 |
Operating Income (EBIT) | 4437 | 3604 | 7964 | 4922 | 2451 |
Interest Expenses | 9137 | 6797 | 2187 | 1383 | 5544 |
Expenses from other activities | 3225 | 1192 | 4418 | 8172 | 2562 |
EBITDA | 3163 | 8067 | 2303 | 2435 | 4716 |
Taxes | 6360 | 2049 | 2007 | 6012 | 1674 |
Net Profit | 1574 | 6746 | 6499 | 1203 | 3630 |
Balance Sheet | |||||
Assets | 2706 | 7712 | 9505 | 6510 | 6458 |
Accounts Receivables | 2486 | 9581 | 3116 | 1197 | 9696 |
Inventory | 3478 | 7411 | 1455 | 5513 | 7528 |
Liabilities | 9273 | 1235 | 2250 | 4867 | 9148 |
Total Debt | 5773 | 5368 | 6627 | 3581 | 9561 |
Accounts Payable | 3978 | 6717 | 6056 | 8116 | 9969 |
Equities | 8544 | 5530 | 1105 | 5348 | 2573 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Digiledge's Investments and acquisitions
Digiledge has made no investments or acquisitions yet.
Reports related to Digiledge
Here is the latest report on Digiledge's sector:
News related to Digiledge
Media has covered Digiledge for 1 event in last 1 year.
•
How startups are using blockchain for the fintech revolution in IndiaYourStory•Jul 09, 2026•Digiledge
•
Karnataka startups funding in Q1 2025 drops to $633M: TracxnYourStory•Apr 16, 2025•axio, Amazon, Digiledge, Mintoak and 3 others
•
FinTech Funding falls 35% to USD 366 Mn in Q1 CY25; late-stage deals, acquisitions gain paceIndiatimes•Apr 08, 2025•Cashfree Payments, InsuranceDekho, Zolve, Zeta and 10 others
•
Fintech startup Mintoak buys payments company DigiledgeIndiatimes•Mar 04, 2025•Mintoak, Digiledge, SBI Life Insurance, YE DIGITAL CORPORATION and 4 others
•
PayPal-backed Mintoak strikes India's first e-rupee related deal, worth $3.5 million: ReportMoneycontrol•Mar 04, 2025•Mintoak, Digiledge, PayPal, Axis Bank and 1 other
•
PayPal unveils unified merchant platformElectronic Payments International•Feb 25, 2025•PayPal, Mintoak, Digiledge
•
Federal Bank unveils new remittance solutionsKhaleej Times•Mar 28, 2019•Federal Bank, Digiledge, Ripple
•
India's Federal Bank Is Building a Remittance App on R3's CordaBusiness Telegraph•Oct 08, 2018•Federal Bank, Digiledge
•
South Indian Bank rides the blockchain wave to complete overseas transactionsBusiness Line•Jan 09, 2018•Digiledge, South Indian Bank
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