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Jify - About the company

Jify is an acquired company based in Mumbai (India), founded in 2021 by Anusha Ramakrishnan, Aditya Mehta and Anisha Dossa. It operates as a Provider of on-demand salary, money management, and financial wellness solutions. Jify has raised $11.4M in funding from Amica Financial Technologies, with last known valuation of ₹*****. The company has 7 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Clair, Refyne and Kaarva.

Company Details

Provider of on-demand salary, money management, and financial wellness solutions. It offers tools for employees to access earned wages, manage finances, and build credit. The company provides a card for spending and rewards, along with savings and insurance options. It aims to improve employee financial stability through flexible repayment and financial planning resources.
Email ID
*****@Jify.co, *****@jify.co
Phone Number
+91 **********
Registered Address
Office No. 19,1st Floor, Vikas Center, S.V. Road, Santacruz West, Santacruz(West), Mumbai, Mumbai, Maharashtra, India, 400054
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Acquired
Total Funding
$11.4M in 2 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Jan 02, 2023
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
88 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Moneyview (Sep 12, 2024)

Jify's acquisition details

Jify got acquired by Moneyview on Sep 12, 2024.
Click here to take a look at Jify's acquisition in detail
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Jify's funding and investors

Jify has raised a total funding of $11.4M over 2 rounds. Its first funding round was on Jan 22, 2022. Its latest funding round was a Series A round on Aug 03, 2022 for $*****. 20 investors participated in its latest round. Jify has 17 institutional investors and 41 angel investors.

Here is the list of recent funding rounds of Jify:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 03, 2022
6190263
Series A
4240350
1621920
6790330
1339427
Jan 22, 2022
6365131
Seed
8416433
7375511
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Jify's founders and board of directors

Founder? Claim Profile
The founders of Jify are Anusha Ramakrishnan, Aditya Mehta and Anisha Dossa.
Here are the details of Jify's key team members:

Jify's Board of Directors

Jify's board has 3 active members. Anusha Ramakrishnan and Anisha Dossa are part of team and Utkarsh Ranjan Sain is independent board member.
Here is the list of Jify's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 2m
Team
-
Current
5y 2m
Independent board member
-
Current
5y 2m

Jify's employee count trend

Jify has 88 employees as of Aug 25. Here is Jify's employee count trend over the years:
Employee count trend for Jify
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Jify's Competitors and alternates

Top competitors of Jify include Clair, Refyne and Kaarva. Here is the list of Top 10 competitors of Jify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Clair
Clair
2019, New York City (United States), Series B
Cloud-based employee benefits platform for on-demand pay
$67.7M
69/100
2nd
Logo for Refyne
Refyne
2020, Bengaluru (India), Series B
Provider of earned wage access and financial wellness solutions
$106M
55/100
3rd
Logo for Jify
Jify
2021, Mumbai (India), Acquired
Provider of on-demand salary, money management, and financial wellness solutions
$11.4M
50/100
4th
Logo for Kaarva
Kaarva
2018, Bengaluru (India), Seed
Flexible salary platform that empowers employees to access a portion of earned salaries
$539K
33/100
5th
Logo for Rupid
Rupid
2022, Hyderabad (India), Seed
Provider of on demand salary benefits platform for employees
$120K
30/100
6th
Logo for Myfinfi
Myfinfi
2022, Mumbai (India), Seed
Cloud based platform for employee financial benefits
$270K
29/100
7th
Logo for Haasyl
Haasyl
2020, Mumbai (India), Deadpooled
On-demand early salary benefits solutions provider for employees
-
-
26/100
8th
Logo for Daily Salary
Daily Salary
2020, Gurugram (India), Deadpooled
Cloud-based employee salary management application
$167K
25/100
9th
Logo for Lightbees
Lightbees
2023, Bengaluru (India), Deadpooled
Financial wellness company offering on demand pay solutions for employees
-
-
23/100
10th
Logo for Mera Pe
Mera Pe
2026, Mumbai (India), Unfunded
Provider of platforms for accessing earned wages before scheduled paydays
-
-
16/100
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Jify's Latest cap tables and shareholding

Founders own 20.06%, Funds (largest shareholder) own 72.07%, Enterprises own 0.21% and Angels own 1.55%. The net worth of Jify's founders is INR 102Cr as of Jan 02, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
20.06%
102Cr
1441294
8476973
9977511
4258045
8244156
4241467
6711369
8013211
1662757
3052039
9252715
2420090
4596269
9443111
5893286
4084278
16
57
56
84
61
26
Fund
72.07%
366Cr
2994759
6740833
2094555
9387500
3529524
5594732
9427882
3532647
6737455
4093550
4517352
9237450
9501404
6120599
3449938
6765299
Enterprise
0.21%
1.04Cr
0
0
0
0
Angel
1.55%
7.84Cr
8
8
7
8
Other People
1.27%
6.44Cr
8
5
2
6
ESOP Pool
4.85%
24.6Cr
6331
8429
4247
2749
Total
100.00%
507Cr
6325682
4657308
6880758
6554857
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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 Jify's Shareholding

Jify's Investments and acquisitions

Jify has made no investments or acquisitions yet.

Reports related to Jify

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