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Eko - About the company

Eko is a series B company based in Gurugram (India), founded in 2006 by Abhinav Sinha, Abhishek Sinha, Manoranjan Kumar and Sanjay Bhargava. It operates as a Provider of financial service APIs and white-label portal solutions. Eko has raised $12.5M in funding from Creation Investments and Exxora Trading, with a current valuation of $*****. The company has 22 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Mindgate, VegaPay and 42 Card Solutions.

Company Details

Provider of financial service APIs and white-label portal solutions. They offer APIs for payments, money transfer, and verification. The company provides white-label portals for insurance, recharge, travel, and banking services. They also offer a retailer banking application and SBI Kiosk services.
Website
eko.in
Social
XFacebook
Email ID
*****@eko.co.in
Phone Number
+91 **********
Registered Address
547, MANDAKANI ENCLAVE ALAKNANDA, NEW DELHI, Delhi, India, 110019
Key Metrics
Founded Year
2006
Location
Gurugram, India
Stage
Series B
Total Funding
$12.5M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 13, 2022
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
36 as on May 31, 2025
Similar Companies
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Eko's funding and investors

Eko has raised a total funding of $12.5M over 6 rounds. Its latest funding round was a Series B round on Jul 21, 2022 for $*****. 1 investor participated in its latest round. Eko has 9 institutional investors and 84 angel investors.

Here is the list of recent funding rounds of Eko:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 21, 2022
5538618
Series B
4197545
5690709
2009274
8278038
Dec 19, 2017
9979128
Series A
5064721
9913943
5520126
8699580
Mar 26, 2011
9405379
Series A
1616015
9630948
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Eko's founders and board of directors

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

Eko's Board of Directors

Eko's board has 3 active members. Abhinav Sinha and Abhishek Sinha are part of team and Sriram Natarajan is independent board member.
Here is the list of Eko's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
18y 0m
Team
-
Current
18y 11m
Independent board member
-
Current
3y 9m

Eko's employee count trend

Eko has 36 employees as of May 25. The total employee count is 16.0% lower than what it was in May 24. Here is Eko's employee count trend over the years:
Employee count trend for Eko
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Eko's Competitors and alternates

Top competitors of Eko include Mindgate, VegaPay and 42 Card Solutions. Here is the list of Top 10 competitors of Eko, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mindgate
Mindgate
2008, Mumbai (India), Acquired
Provider of digital payment platform, retail, transaction banking, and other solutions
$10.2M
68/100
2nd
Logo for VegaPay
VegaPay
2022, Mumbai (India), Series A
Provider of technology to build and launch banking and credit products
$10.6M
65/100
3rd
Logo for 42 Card Solutions
42 Card Solutions
2020, Bengaluru (India), Seed
Credit card solution provider for banks and other regulated financial institutions
$8.16M
52/100
4th
Logo for TSLC
TSLC
2016, Singapore (Singapore), Series B
Developer of an AI-powered technology transforming financial systems for underserved markets
$225M
51/100
5th
Logo for NPST
NPST
2013, Thane (India), Public
Provider of digital payment processing and banking technology software solutions
-
45/100
6th
Logo for Eko
Eko
2006, Gurugram (India), Series B
Provider of financial service APIs and white-label portal solutions
$12.5M
43/100
7th
Logo for Maximus
Maximus
2007, Mumbai (India), Seed
Digital payment infrastructure solutions for businesses and institutions
$1.53M
42/100
8th
Logo for Boson Systems
Boson Systems
2012, Mumbai (India), Seed
White-labeled digital payment platform
$4.03M
38/100
9th
Logo for Bnkhub
Bnkhub
Coimbatore (India), Unfunded
Provider of unified banking and financial services through a phygital network
-
-
36/100
10th
Logo for Cellum
Cellum
2000, Szeged (Hungary), Late Stage
Provider of mobile payment solutions and secure transaction platforms
$2.03M
36/100
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Eko's Latest cap tables and shareholding

Founders (largest shareholder) own 39.79%, Funds own 25.92%, Enterprises own 18.76% and Angels own 7.03%. The net worth of Eko's founders is INR 63.3Cr as of Nov 13, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
39.79%
63.3Cr
2027055
4368920
6270943
4150968
6554827
4917347
8195092
6551039
1748801
6022394
5729723
9706199
6187666
4299371
1951624
6291392
85
97
81
66
23
46
Fund
25.92%
41.3Cr
3195706
3576206
8549934
5895205
9051928
7484106
8785042
9901832
4850748
6625534
0
0
0
0
0
0
Enterprise
18.76%
29.9Cr
6159342
5541659
6002738
4820011
Angel
7.03%
11.2Cr
3324904
8793029
2602284
2608027
42
44
75
41
93
80
8
8
3
2
7
5
0
0
0
0
0
0
Other People
0.01%
1.6L
0
0
0
0
Other Investors
8.49%
13.5Cr
5408374
9775637
9648383
7911864
Total
100.00%
159Cr
6138532
1932808
6362047
9896318
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Eko's Shareholding

Eko's Investments and acquisitions

Eko has made no investments or acquisitions yet.

Reports related to Eko

Here is the latest report on Eko's sector:

News related to Eko

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•
3M Littmann Stethoscopes, Eko collaboratesIndiaMedToday•Jun 17, 2021•Littmann, Eko
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