Gradatim - About the company
Gradatim is a series A company based in Bengaluru (India), founded in 2006 by Prakash V .. It operates as a SaaS based insurance and banking solutions for businesses. Gradatim has raised $5.57M in funding from investors like New Enterprise Associates, Reliance Capital and Reliance Venture Asset Management, with a current valuation of $*****. The company has 67 active competitors, including 10 funded and 7 that have exited. Its top competitors include companies like Artificial Labs, Leonteq and General Magic.
Company Details
SaaS based insurance and banking solutions for businesses. The platform provides end-to-end solutions for insurance and banking core processes. It also offers digital transformation and a personalized customer experience to clients. The platform offers micro finance, micro insurance, micro payments, micro pensions, and more.
- Website
- www.gradatim.co.in/
- Email ID
- *****@gradatim.co.in
- Phone Number
- +91 **********
- Registered Address
- 21/168, ANAND NAGAR, OM CHS, ANAND NAGAR LANE, VAKOLA, SANTACRUZ (EAST), Mumbai City, MUMBAI, Maharashtra, India, 400055
Key Metrics
Founded Year
2006
Location
Bengaluru, India
Stage
Series A
Total Funding
$5.57M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 13, 2024
Investors
Ranked
6th among 67 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
83 as on Sep 30, 2026
Similar Companies
Legal entities associated with Gradatim
Gradatim is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
GRADATIM I.T. VENTURES (INDIA) PRIVATE LIMITED CIN: U72900MH2006PTC165965 , India, Active | Dec 04, 2006 | 0 - ₹10 Cr (As on Mar 31, 2025) | 92 (As on Sep 30, 2024) |
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Gradatim's funding and investors
Gradatim has raised a total funding of $5.57M over 5 rounds. Its first funding round was on Feb 18, 2010. Its latest funding round was a Series A round on May 13, 2024 for $*****. 1 investor participated in its latest round. Gradatim has 7 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Gradatim:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2024 | 1181438 | Series A | 2504853 | 1220182 | 7158986 | 7056217 |
Jan 10, 2022 | 8402658 | Series A | 8238219 | 8708782 | 3871993 | |
Mar 28, 2019 | 8847548 | Angel | 8498886 | 7884906 | 4453701 |
View details of Gradatim's funding rounds and investors
Gradatim's founders and board of directors
Founder? Claim ProfileThe founders of Gradatim is Prakash V .. Prakash V . is the CEO of Gradatim.
Here are the details of Gradatim's key team members:
- Prakash V .: Founder & CEO of Gradatim. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Gradatim's Board of Directors
Gradatim's board has 6 active members. Prakash V . and Kshitij Gupta are part of team and Manish Kumar Verma, Krishnaprasad Ramanathan, Ananthnavaneeth and Sudha Ananthasubramanian Prakash are independent board members.Here is the list of Gradatim's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Investor | Reliance Venture Asset Management | Current | 15y 9m | |
Independent board member | - | Current | 4y 5m | |
{dcsne{ | Independent board member | - | Current | 2y 2m |
zlzykkq | Independent board member | - | Current | 9y 3m |
rchl{{y | Independent board member | - | Current | 5y 2m |
acwnhmb | Independent board member | - | Past | 6y 1m |
vtigxmc | Independent board member | - | Past | 2y 6m |
View details of Gradatim's Founder profiles and Board Members
Gradatim's employee count trend
Gradatim has 83 employees as of Sep 26. Here is Gradatim's employee count trend over the years:
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Gradatim's Competitors and alternates
Top competitors of Gradatim include Artificial Labs, Leonteq and General Magic. Here is the list of Top 10 competitors of Gradatim, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Artificial Labs 2013, London (United Kingdom), Series B | Software solutions provider for Insurers | $72.1M | 65/100 | |
2nd | Leonteq 2007, Zurich (Switzerland), Public | Products and Services provider for Structured Products | - | 51/100 | |
3rd | General Magic 2024, Toronto (Canada), Seed | Provider of artificial intelligence software for insurance brokerage operational workflows | $8.4M | 48/100 | |
4th | Web Connectivity 2003, London (United Kingdom), Acquired | Software solution provider for insurance business processes | - | - | 30/100 |
5th | Eir Insurance 2019, Stockholm (Sweden), Series B | Provider of digital insurance products, risk selection, and flexible partner solutions | $23.3M | 42/100 | |
6th | SaaS based insurance and banking solutions for businesses | $5.57M | 41/100 | ||
7th | Yasmina 2018, United Arab Emirates, Seed | Provider of AI-enabled insurance policy management solutions | $2M | 41/100 | |
8th | Platform providing insurance policy management and sales tools using artificial intelligence | $11M | 41/100 | ||
9th | XN Capital 2023, New York City (United States), Seed | Insurance policy administration solution for businesses | $1.5M | - | 38/100 |
10th | Hearti Lab 2015, Singapore (Singapore), Funding Raised | AI-based claim management crypto platform for insurers and banks | - | 38/100 |
Looking for more details on Gradatim's competitors? Click here to see the top ones
Financials of GradatimFY 25 Available
GRADATIM I.T. VENTURES (INDIA) PRIVATE LIMITED, the legal entity associated with Gradatim, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of GRADATIM I.T. VENTURES (INDIA) PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 32% 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 | 5202 | 9434 | 7999 | 5851 | 9773 |
Total Sales | 6345 | 1927 | 1597 | 1918 | 6163 |
Total Expenses | 6479 | 1777 | 2716 | 1022 | 3832 |
Operating Expenses | 5875 | 7377 | 2115 | 1824 | 9223 |
Employee Expenses | 9563 | 7597 | 5077 | 7580 | 1018 |
Marketing Expenses | 6063 | 3225 | 9404 | 9173 | 5698 |
Operating Income (EBIT) | 2283 | 4624 | 7875 | 4168 | 3988 |
Interest Expenses | 1364 | 5154 | 4157 | 2923 | 1334 |
Expenses from other activities | 4754 | 4334 | 8986 | 8087 | 5510 |
Information Technology Expenses | 1382 | 1167 | 1607 | 6800 | 4697 |
EBITDA | 3165 | 5020 | 7931 | 3668 | 3845 |
Taxes | 3231 | 9986 | 8713 | 5467 | 5730 |
Net Profit | 8841 | 6301 | 7916 | 3105 | 8495 |
Balance Sheet | |||||
Assets | 8582 | 4096 | 3059 | 2901 | 9162 |
Cash Equivalent | 9007 | 8384 | 1140 | 4182 | 6477 |
Accounts Receivables | 8889 | 5767 | 1634 | 8049 | 6800 |
Inventory | 7446 | 5720 | 5839 | 2064 | 9159 |
Liabilities | 6045 | 6231 | 8164 | 1182 | 8187 |
Total Debt | 7590 | 6046 | 1114 | 2771 | 9637 |
Accounts Payable | 3963 | 1662 | 6766 | 7784 | 7572 |
Equities | 2631 | 9349 | 6173 | 3732 | 3180 |
Cashflow Statement | |||||
Cash from Operating activities | 8008 | 6720 | 1828 | 8748 | 6180 |
Cash from Investing activities | 2893 | 6366 | 6405 | 1514 | 5116 |
Net cash from Financing activities | 3194 | 7192 | 3090 | 9763 | 3785 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Gradatim's Investments and acquisitions
Gradatim has made no investments or acquisitions yet.
Reports related to Gradatim
Here is the latest report on Gradatim's sector:
News related to Gradatim
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Reliance Venture invests in Gradatim IT VenturesIndiatimes•Jun 14, 2010•Gradatim, Reliance Venture Asset Management
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