When was DiGiSPICE founded?

DiGiSPICE was founded in 2000 and raised its 1st funding round 11 years after it was founded.

Where is DiGiSPICE located?

DiGiSPICE is headquartered in Noida, India. It is registered at JA-122, 1ST FLOOR, DLF TOWER - A, JASOLA DISTRICT CENTRE, Jamia Nagar, South Delhi, New Delhi, Delhi, India, 110025.

Who is the current CEO of DiGiSPICE?

Dilip Modi of DiGiSPICE. They have also founded 2 companies and are an angel investors in 1 startup.

How many employees does DiGiSPICE have?

As of Jul 31, 2026, the latest employee count at DiGiSPICE is 553.

Is DiGiSPICE a funded company?

DiGiSPICE is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Jul 29, 2011.

When was the latest funding round of DiGiSPICE?

DiGiSPICE's latest funding was a $***** Post IPO round on Jul 29, 2011, with participation from 1 investor.

What is the annual revenue of DiGiSPICE?

Annual revenue of DiGiSPICE is between ₹100 Cr and ₹500 Cr as on Mar 31, 2024

Where does DiGiSPICE rank among its competitors?

DiGiSPICE ranks 34th amongst 572 active competitors, of which 37 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was PayNearby, which secured $2.31M in Feb, 2025.

Who are the top competitors of DiGiSPICE?

DiGiSPICE's top competitors include Spice Money, Paga and Baobab. Among them, PayNearby secured the most recent funding round in February, 2025.

DiGiSPICE - 2026 Company Profile, Team, Funding, Competitors & Financials

DiGiSPICE is a public company based in Noida (India), founded in 2000. It operates as a Provides suite solutions for government agencies. DiGiSPICE has raised an undisclosed amount in funding. The company has 572 active competitors, including 37 funded and 28 that have exited. Its top competitors include companies like Spice Money, Paga and Baobab.

Company Details

Provides suite solutions for government agencies. It provides digital solutions for passport & driving licenses. It also offers features such as blood bank information, hospital appointment, digital engagement, etc. It offers telecom solutions, mobile advertising, enterprise mobility, and fintech solutions.

Website: digispice.com
Social
Email ID: *****@digispice.com
Phone Number: +91 **********
Part Of
Registered Address: JA-122, 1ST FLOOR, DLF TOWER - A, JASOLA DISTRICT CENTRE, Jamia Nagar, South Delhi, New Delhi, Delhi, India, 110025

Key Metrics

Founded Year

2000

Location

Noida, India

Stage

Public

Latest Funding Round

Post IPO, Jul 29, 2011, $*****

Investors

MediaTek

Ranked

34^th among 572 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

553 as on Jul 31, 2026

Investment & Acquisitions

Oakter & 1 more

Similar Companies

Spice Money & 828 more

Exit Details

Public

View DiGiSPICE's full profile

DiGiSPICE is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MOBISOC TECHNOLOGY PRIVATE LIMITED CIN: U72300DL2006PTC151960 , India, Amalgamated	Aug 12, 2006	₹10 - ₹50 Cr (As on Mar 31, 2018)	25 (As on May 31, 2019)
SPICE MONEY LIMITED CIN: U64199DL2000PLC104989 , India, Active	Apr 04, 2000	₹100 - ₹500 Cr (As on Mar 31, 2025)	1017 (As on May 31, 2026)

DiGiSPICE got listed on May 27, 2008.

Click here to take a look at DiGiSPICE's IPO in detail

DiGiSPICE has raised funding over 1 round. Its latest funding round was a Post IPO round on Jul 29, 2011 for $*****. 1 investor participated in its latest round. DiGiSPICE has 1 institutional investor.

Here is the list of recent funding rounds of DiGiSPICE:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 29, 2011	9281260	Post IPO	8235355	8782387	3442393	6536154

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View details of DiGiSPICE's funding rounds and investors

DiGiSPICE's employee count trend

DiGiSPICE has 553 employees as of Jul 26. Here is DiGiSPICE's employee count trend over the years:

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Top competitors of DiGiSPICE include Spice Money, Paga and Baobab. Here is the list of Top 10 competitors of DiGiSPICE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Spice Money 2000, Noida (India), Series B	Digital payment and banking service provider in rural areas	$15.4M	Sood Infomatics, Lehman Brothers Opportunity ... & 56 others	75/100
2nd	Paga 2009, Lagos (Nigeria), Series B	Agent based payment solutions for consumers and businesses	$35M	Adlevo Capital, Capricorn & 17 others	73/100
3rd	Baobab 2001, Paris (France), Acquired	Financial services company offering tailored solutions for financially underserved entrepreneurs and SMEs	$16.7M	Apis Partners, Impact Fund Denmark & 11 others	72/100
4th	Pay Point India 2007, Mumbai (India), Seed	Provider of digital financial services and retail solutions via agent network	$8.01M	Prime Capital Market, Yantra Esolarindia ... & 20 others	68/100
5th	Nagad 2018, Dhaka (Bangladesh), Funding Raised	Provider of a platform facilitating digital financial transactions and account management	-	Inclusive Fintech 50	60/100
6th	RNFI Services 2015, Delhi (India), Public	Digital payment solution provider	-	-	59/100
7th	Ordo 2018, London (United Kingdom), Acquired	Encrypted messaging and payment service	$11.3M	Nationwide, NBS Ventures & 15 others	59/100
8th	PayNearby 2016, Mumbai (India), Seed	Digital platform providing range of payment and digital banking services	$4.55M	Roha, Silk Bridge Partners & 9 others	59/100
9th	Barzahlen 2011, Berlin (Germany), Acquired	Network of retail partners enabling cash deposits and withdrawals via barcode	-	Alstin Capital, Berlin Technologie Holding ... & 7 others	58/100
10th	TADL 2020, Dhaka (Bangladesh), Unfunded	Agent based payment solution	-	-	57/100
34th	DiGiSPICE 2000, Noida (India), Public	Provides suite solutions for government agencies	-	MediaTek	42/100