When was IBSFINtech founded?

IBSFINtech was founded in 2006 and raised its 1st funding round 5 years after it was founded.

Where is IBSFINtech located?

IBSFINtech is headquartered in Bengaluru, India. It is registered at JP CORP, #219/11, 2nd Floor, Bellary Road, Sadashivanagar, Bangalore, Bangalore North, Karnataka, India, 560080.

Who is the current CEO of IBSFINtech?

Chandra Mohan Grover of IBSFINtech. They have also founded 1 company.

Which legal entities is IBSFINtech associated with?

IBSFINtech is associated with IBS FINTECH INDIA PRIVATE LIMITED.

How many employees does IBSFINtech have?

As of Aug 31, 2025, the latest employee count at IBSFINtech is 56.

Is IBSFINtech a funded company?

IBSFINtech is a funded company, having raised a total of $3.5M across 9 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 13, 2011.

How much is IBSFINtech worth?

The latest valuation of IBSFINtech is $***** as of Dec 22, 2023.

When was the latest funding round of IBSFINtech?

IBSFINtech's latest funding was a $***** Seed round on Feb 27, 2024, with participation from 0 investor.

What is the annual revenue of IBSFINtech?

Annual revenue of IBSFINtech is less than ₹10 Cr as on Mar 31, 2025

Where does IBSFINtech rank among its competitors?

IBSFINtech ranks 13th amongst 175 active competitors, of which 23 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was HazelTree, which secured $9.96M in Dec, 2024.

Who are the top competitors of IBSFINtech?

IBSFINtech's top competitors include Modern Treasury, Payhawk and Bottomline Technologies. Among them, HazelTree secured the most recent funding round in December, 2024.

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

Company Details

Provider of treasury and risk management solutions for businesses. It offers solutions for trade finance management, cash flow management, banking management, and more. It also offers compliance solutions.

Website: www.ibsfintech.com/
Social
Email ID: *****@ibsfintech.com
Phone Number: +91 **********
Registered Address: JP CORP, #219/11, 2nd Floor, Bellary Road, Sadashivanagar, Bangalore, Bangalore North, Karnataka, India, 560080

Key Metrics

Founded Year

2006

Location

Bengaluru, India

Stage

Seed

Total Funding

$3.5M in 9 rounds

Latest Funding Round

Seed, Feb 27, 2024, $*****

Post Money Valuation

$***** as on Dec 22, 2023

Investors

Setu Securities & 41 more

Ranked

13^th among 175 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

56 as on Aug 31, 2025

Similar Companies

Modern Treasury & 155 more

View IBSFINtech's full profile

IBSFINtech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IBS FINTECH INDIA PRIVATE LIMITED CIN: U72200KA2006PTC040851 , India, Active	Nov 06, 2006	0 - ₹10 Cr (As on Mar 31, 2025)	63 (As on Mar 01, 2026)

IBSFINtech has raised a total funding of $3.5M over 9 rounds. Its first funding round was on Sep 13, 2011. IBSFINtech has 3 institutional investors and 39 angel investors.

Here is the list of recent funding rounds of IBSFINtech:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 27, 2024	5597921	Seed	1665973	3563182	4918744	8134156
Sep 28, 2021	7917099	Seed	7892364	5200675	3639374	Navin Khadelwal & 5 more
Jan 29, 2020	5060310	Angel	7817977	4786083	Avatar Monga	B P Singh & 1 more

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View details of IBSFINtech's funding rounds and investors

The founders of IBSFINtech is Chandra Mohan Grover. Chandra Mohan Grover is the CEO of IBSFINtech.

Here are the details of IBSFINtech's key team members:

Chandra Mohan Grover: Co-Founder & CEO of IBSFINtech. They serve on the board of 1 company.
Contact Info: 1 phone number

IBSFINtech's Board of Directors

IBSFINtech's board has 4 active members. Chandra Mohan Grover, Tm Manjunath and Sethuraman Subramaniam are part of team and Nitin Bakshi is independent board member.

Here is the list of IBSFINtech's board of directors:

Name	Type	Representing	Status	Duration
Chandra Mohan Grover	Team	-	Current	6y 7m
Tm Manjunath	Team	-	Current	6y 7m
Sethuraman Subramaniam	Team	-	Current	20y 4m
r{jlpxp	Investor	-	Past	1y 7m
yxwpwoj	Investor	-	Past	8y 4m
Nitin Bakshi	Independent board member	-	Current	2y 1m

View details of IBSFINtech's Founder profiles and Board Members

IBSFINtech's employee count trend

IBSFINtech has 56 employees as of Aug 25. The total employee count is 2.0% lower than what it was in Aug 24. Here is IBSFINtech's employee count trend over the years:

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Top competitors of IBSFINtech include Modern Treasury, Payhawk and Bottomline Technologies. Here is the list of Top 10 competitors of IBSFINtech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Modern Treasury 2018, San Francisco (United States), Series C	Provider of APIs to automate and manage money movement and ledgering	$183M	Altimeter Capital, SVB & 16 others	74/100
2nd	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Greenoaks, QED Investors & 22 others	71/100
3rd	Bottomline Technologies 1989, Portsmouth (United States), Acquired	Provider of business payments automation, connectivity, cash management, and fraud solutions	-	Herald Investment Management, Trinity Capital ... & 2 others	69/100
4th	Agicap 2016, Lyon (France), Series C	Provider of cash flow management software for mid-sized companies	$185M	Partech Partners, Greenoaks & 3 others	64/100
5th	Treasury4 2020, Spokane (United States), Series A	Cloud-based data analytics tools and solutions for corporate finance and treasury professionals	$24.7M	WestCap, Kickstart Seed Fund & 5 others	62/100
6th	Pelican 1993, London (United Kingdom), Acquired	Provides AI-powered solutions for payments and financial crime compliance	-	-	60/100
7th	Trovata 2016, San Diego (United States), Series B	Provider of a platform for treasury management and cash flow automation	$56.8M	JPMorgan Chase, FINTOP & 7 others	58/100
8th	HazelTree 2009, New York City (United States), Series A	Provider of treasury and liquidity management software for investment firms	$25.5M	FINTOP, Hamilton Lane & 1 others	57/100
9th	SunGard 1982, Wayne (United States), Acquired	Enterprise Software	-	Periphas Capital, HarbourVest Partners & 5 others	55/100
10th	GTreasury 1986, Lake Zurich (United States), Acquired	Treasury management system and solutions provider, offering adaptable, AI-powered financial tools	$42M	Mainsail Partners, HgCapital Trust & 1 others	55/100
13th	IBSFINtech 2006, Bengaluru (India), Seed	Provider of treasury and risk management solutions for businesses	$3.5M	Startup Reseau, Prime Securities & 40 others	50/100

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Founders (largest shareholder) own 64.80%, Enterprises own 3.21%, Angels own 15.28% and Other People own 3.03%. The net worth of IBSFINtech's founders is INR 267Cr as of Dec 21, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	64.80%	267Cr	5961938	8927848	1043898	5299421
Chandra Mohan Grover	4073296	1541073	3777140	3078331	5606785	8703569
Enterprise	3.21%	13.2Cr	101	479	363	912
Angel	15.28%	62.9Cr	5566181	4405465	7139322	7274600
Arun Maheshwari	418	253	223	396	597	736
Kiran Rathi	4	7	6	3	5	7
Ramya Padmanabham	0	0	0	0	0	0
Jayakumar N	0	0	0	0	0	0
Other People	3.03%	12.5Cr	471	422	334	503
ESOP Pool	12.79%	52.6Cr	3770218	5992375	5956476	5161143
Other Investors	0.88%	3.62Cr	0	0	0	0
Total	99.99%	411Cr	4696145	7343228	8360548	3435296