iServeU - About the company
iServeU is an acquired company based in Bhubaneswar (India), founded in 2014 by Amit Tyagi, Debiprasad Prasad Sarangi, Debashis Mohapatra and Umakant Sahoo. It operates as a Platform offering financial infrastructure. , with last known valuation of $*****. The company has 220 active competitors, including 45 funded and 26 that have exited. Its top competitors include companies like Tala, Comviva and FinBox.
Company Details
Platform offering financial infrastructure. It offers an agency banking platform with switching. It also provides card issuance & management, global remittance, merchant acquiring & neo banking solutions. Its customized solutions for banks include Gen AI-based onboarding solutions with KYC checks through face match and liveliness that can be used to onboard customers for different requirements, ML-based fraud & risk Management solutions, CRM solutions to generate and manage leads for lending or insurance requirements, cloud-native open banking API gateway, multi-currency based digital wallets, global virtual accounts with international remittance features.
- Website
- iserveu.in
- Email ID
- *****@iserveu.in
- Phone Number
- +91 **********
- Registered Address
- MIG 944, Ground Floor, TNHB Colony, 1st Main Road Velachery, Chennai, Chennai, Tamil Nadu, India, 600042
Key Metrics
Founded Year
2014
Location
Bhubaneswar, India
Stage
Acquired
Last Known Valuation
$***** as on Aug 31, 2020
Ranked
13th among 220 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
852 as on Jan 31, 2025
Exit Details
Acquired by Niyogin (Aug 31, 2020)
Legal entities associated with iServeU
iServeU is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INDIA POST PAYMENTS BANK LIMITED CIN: U74999DL2016GOI304561 , India, Active | Aug 17, 2016 | ₹1,000+ Cr (As on Mar 31, 2025) | 416 (As on Aug 31, 2025) | |
NIYOGIN FINTECH LIMITED CIN: L65910TN1988PLC131102 , India, Active | Feb 01, 1988 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 88 (As on Aug 01, 2025) | |
ISERVEU TECHNOLOGY PRIVATE LIMITED CIN: U72900TN2016PTC193156 , India, Active | Sep 27, 2016 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 461 (As on Feb 01, 2026) |
iServeU's acquisition details
Click here to take a look at iServeU's acquisition in detail
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iServeU's funding and investors
iServeU is a funded company. iServeU has 1 institutional investor and 2 angel investors.
View details of iServeU's funding rounds and investors
iServeU's founders and board of directors
Founder? Claim ProfileThe founders of iServeU are Amit Tyagi, Debiprasad Prasad Sarangi, Debashis Mohapatra and Umakant Sahoo. Debiprasad Prasad Sarangi is the CEO of iServeU.
Here are the details of iServeU's key team members:
- Amit Tyagi: Co-Founder of iServeU. They serve on the board of 1 company.Contact Info: 2 phone numbers
- Debiprasad Prasad Sarangi: Co-Founder & CEO of iServeU. They serve on the board of 1 company.Contact Info: 1 phone number
- Debashis Mohapatra: Co-Founder & Chief Operating Officer of iServeU. Contact Info: 1 phone number
- Umakant Sahoo: Co-Founder & Chief Sales Officer of iServeU.
iServeU's Board of Directors
iServeU's board has 6 active members. Amit Tyagi and Debiprasad Prasad Sarangi are part of team and Tashwinder Harjap Singh, Subhasri Sriram, Abhishek Ajit Thakkar and Amit Rajpal are independent board members.Here is the list of iServeU's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 1m | |
Team | - | Current | 9y 11m | |
Independent board member | - | Current | 3y 6m | |
tjhdven | Independent board member | - | Past | 7y 6m |
kwycvti | Independent board member | - | Past | 5y 7m |
mtwlwxo | Independent board member | - | Past | 8y 9m |
iurvtje | Independent board member | - | Past | 4y 5m |
ikmy{xt | Independent board member | - | Past | 4y 5m |
View details of iServeU's Founder profiles and Board Members
iServeU's employee count trend
iServeU has 852 employees as of Jan 25. The total employee count is 14.0% more than what it was in Jan 24. Here is iServeU's employee count trend over the years:
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iServeU's Competitors and alternates
Top competitors of iServeU include Tala, Comviva and FinBox. Here is the list of Top 10 competitors of iServeU, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of financial infrastructure and credit decision models | $346M | 81/100 | |
2nd | Developer of platforms for digital payments, marketing, and business operations | $13.5M | 77/100 | ||
3rd | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 70/100 | ||
4th | Provider of loan and cash management solutions for banks and financial institutions | - | 68/100 | ||
5th | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
6th | Kaleidofin 2017, Chennai (India), Series B | Financial services platform offering lending, credit assessment, and engagement | $44.7M | 66/100 | |
7th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
8th | Knight FinTech 2019, Mumbai (India), Series A | A digital banking technology company that provides full-stack banking solutions for lending, treasury management, and supply chain finance | $32.8M | 62/100 | |
9th | Provider of cloud-based digital lending software and solutions for financial institutions | $104M | 61/100 | ||
10th | Temenos 1993, Geneva (Switzerland), Public | Developer of AI and cloud-based banking software suite | - | 60/100 | |
13th | Platform offering financial infrastructure | - | 57/100 |
Looking for more details on iServeU's competitors? Click here to see the top ones
iServeU's Investments and acquisitions
iServeU has made no investments or acquisitions yet.
Reports related to iServeU
Here is the latest report on iServeU's sector:
News related to iServeU
Media has covered iServeU for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
iServeU Partners with Maximize Money to Scale Gift Card OfferingsBusinessnewsthisweek•Aug 27, 2026•iServeU
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iServeU Secures OVSE Certification from UIDAI for Offline Identity VerificationExpress Computer•Jul 03, 2026•iServeU
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Odisha Fintech iServeU Strengthens Bhubaneswar's Position on India's Digital Banking MapMedia Bulletins•Jun 04, 2026•iServeU
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Niyogin Fintech Announces Demerger and Plans Independent Listings for NBFC and iServeUMedia Bulletins•Feb 10, 2025•Niyogin, iServeU
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iServeU partners with PAX Technology for All-in-One Soundbox terminalsAsian News International•Nov 08, 2024•iServeU, PAX Technology
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Odisha FC and iServeU announced partnerships to give sports a new shape in IndiaAsian News International•Oct 22, 2024•Odisha FC, iServeU
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iServeU secures an investment commitment of INR 100 CroresAsian News International•Apr 22, 2022•iServeU, Niyogin
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Niyogin Fintech to acquire 51% stake in iServeUBusiness Line•Aug 31, 2020•Niyogin, iServeU, Ward Ferry
•
iServeU aims to create India's USD 5 trillion Rural EconomyAsian News International•Mar 11, 2020•iServeU
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