When was Jombay founded?

Jombay was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Jombay located?

Jombay is headquartered in Pune, India. It is registered at Plot No. 3726, Door No. 41, 'Ma Foi House', 6th Avenue, Q- Block, An, na Nagar, Chennai, Chennai, Tamil Nadu, India, 600040.

Who is the current CEO of Jombay?

Mohit Sharad Gundecha of Jombay. They have also founded 1 company.

Which legal entities is Jombay associated with?

Jombay is associated with NEXT LEAP CAREER SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Jombay have?

As of Jan 31, 2025, Jombay has 33944 employees, reflecting a 22% year-over-year growth in headcount.

Is Jombay a funded company?

Jombay is a funded company, having raised a total of $1.17M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 16, 2011.

How much is Jombay worth?

The last known valuation of Jombay was $***** as of Aug 14, 2019.

When was the latest funding round of Jombay?

Jombay's latest funding was a $***** Series A round on Sep 27, 2022, with participation from 1 investor. Its primary sector is HRTech. In India, the HRTech sector has seen $51.5M in funding in 2026 to date.

What is the annual revenue of Jombay?

Annual revenue of Jombay is between ₹10 Cr and ₹50 Cr as on Mar 31, 2026

Where does Jombay rank among its competitors?

Jombay ranks 7th amongst 290 active competitors, of which 26 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Plum.io, which secured $6M in Feb, 2023.

Who are the top competitors of Jombay?

Jombay's top competitors include Criteria Corp, OutMatch and Plum.io. Among them, Plum.io secured the most recent funding round in February, 2023.

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

Company Details

Provider of talent assessment and analytics platform for companies. It offers tools to generate psychometric assessments along with analytics reports using AI algorithms. It offer a variety of assessments, including personality, behavioral, cognitive, situational, personality, sales profiler, entrepreneurial acumen assessment, and more.

Website: www.jombay.com/
Social
Email ID: *****@jombay.com
Phone Number: +91 **********
Registered Address: Plot No. 3726, Door No. 41, 'Ma Foi House', 6th Avenue, Q- Block, An, na Nagar, Chennai, Chennai, Tamil Nadu, India, 600040

Key Metrics

Founded Year

2011

Location

Pune, India

Stage

Acquired

Total Funding

$1.17M in 5 rounds

Latest Funding Round

Series A, Sep 27, 2022, $*****

Last Known Valuation

$***** as on Aug 14, 2019

Investors

Nirvana Digital & 16 more

Ranked

7^th among 290 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2026

Employee Count

33,944 as on Jan 31, 2025

Similar Companies

ActiveOps & 440 more

Exit Details

Acquired by CIEL HR (Dec 01, 2022)

View Jombay's full profile

Jombay is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Ciel Hr Services Limited CIN: U74140TN2010PLC077095 , India, Active	Aug 23, 2010	₹1,000+ Cr (As on Mar 31, 2026)	43809 (As on Apr 30, 2026)
NEXT LEAP CAREER SOLUTIONS PRIVATE LIMITED CIN: U74999PN2010PTC151116 , India, Active	Oct 18, 2010	₹10 - ₹50 Cr (As on Mar 31, 2026)	146 (As on Feb 28, 2025)

Jombay got acquired by CIEL HR on Dec 01, 2022.

Click here to take a look at Jombay's acquisition in detail

Jombay has raised a total funding of $1.17M over 5 rounds. Its first funding round was on Aug 16, 2011. Its latest funding round was a Series A round on Sep 27, 2022 for $*****. 1 investor participated in its latest round. Jombay has 4 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Jombay:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 27, 2022	7614268	Series A	8683999	5127734	4115635	9849582
Aug 14, 2019	1493191	Angel	4108674	7321781	3241980	Abhishek Tiwary
Oct 20, 2015	8719810	Seed	4409202	9096325	Nikunj Jhaveri & 5 more	VentureWorks India

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View details of Jombay's funding rounds and investors

The founders of Jombay are Mohit Sharad Gundecha and Suruchi Wagh. Mohit Sharad Gundecha is the CEO of Jombay.

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

Mohit Sharad Gundecha: Co-Founder & CEO of Jombay and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Suruchi Wagh: Founder and Chief Product Officer of Jombay.
Contact Info: 1 email address and 1 phone number

Jombay's Board of Directors

Jombay's board has 7 active members. Mohit Sharad Gundecha and Suruchi Sudhir Wagh are part of team and Karuppasamy Pandiarajan, Hemalatha Rajan, Adityanarayan Mishra, Doraiswamy Rajiv Krishnan and Santhosh Nair are independent board members.

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

Name	Type	Representing	Status	Duration
Mohit Sharad Gundecha	Team	-	Current	16y 0m
Suruchi Sudhir Wagh	Team	-	Current	16y 0m
Karuppasamy Pandiarajan	Independent board member	-	Current	3y 9m
vmkvsms	Independent board member	-	Current	3y 1m
uvmrhrr	Independent board member	-	Current	1y 7m
cfkgvwh	Independent board member	-	Current	6y 9m
zonrzoy	Independent board member	-	Current	9y 6m

View details of Jombay's Founder profiles and Board Members

Jombay's employee count trend

Jombay has 33,944 employees as of Jan 25. The total employee count is 21.0% more than what it was in Jan 24. Here is Jombay's employee count trend over the years:

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Top competitors of Jombay include Criteria Corp, OutMatch and Plum.io. Here is the list of Top 10 competitors of Jombay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Criteria Corp 2006, West Hollywood (United States), Series B	Provider of psychometric assessment solutions for recruiters	$64.5M	Sumeru Equity Partners, Level Equity	59/100
2nd	OutMatch 2008, Saratoga Springs (United States), Acquired	Cloud-based predictive talent analytics platform	$25.2M	Camden Partners, Rand Capital & 12 others	55/100
3rd	Plum.io 2011, Waterloo (Canada), Acquired	Provider of talent assessment platform measuring job fit and durable skills	$12.1M	Pearson Ventures, Real Ventures & 22 others	55/100
4th	Arctic Shores 2013, London (United Kingdom), Series B	AI and gamification-based psychometric assessment platform	$18.8M	Calculus Capital, Praetura Ventures & 38 others	54/100
5th	Traitify 2011, Baltimore (United States), Acquired	Provider of visual-based pre-employment assessments	$24.3M	Heritage Group, TEDCO & 4 others	54/100
6th	Imbellus 2016, Los Angeles (United States), Series A	Assessment solutions provider	$18.5M	Owl Ventures, Sound Ventures & 7 others	52/100
7th	Jombay 2011, Pune (India), Acquired	Provider of talent assessment and analytics platform for companies	$1.17M	PitchRight Ventures, Nirvana Digital & 15 others	51/100
8th	Predictive Index 1955, Westwood (United States), Acquired	Talent optimization and workforce assessment platform	$101M	General Catalyst, M Family Enterprises & 2 others	51/100
9th	Alva Labs 2017, Stockholm (Sweden), Series A	AI-based psychometric assessment platform	$14.2M	VNV Global, Almi Invest & 4 others	46/100
10th	Mindx 2012, London (United Kingdom), Acquired	Talent Assessment Platform	-	-	46/100

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NEXT LEAP CAREER SOLUTIONS PRIVATE LIMITED, the legal entity associated with Jombay, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of NEXT LEAP CAREER SOLUTIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 3% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	6838	8609	5866	3649	4589
Total Sales	9439	3636	3173	5295	8748
Total Expenses	3334	8862	9581	9345	5454
Operating Expenses	3184	4370	2794	2076	1324
Employee Expenses	9833	5474	7554	1493	3567
Marketing Expenses	4360	8211	3777	6715	3630
Operating Income (EBIT)	5441	6311	2023	5801	4597
Interest Expenses	4388	9894	5888	1671	8750
Expenses from other activities	7938	3358	6563	6840	4248
Information Technology Expenses	3621	4995	3819	5143	9813
EBITDA	1308	5375	4247	9890	5052
Taxes	4276	2021	6705	8671	2214
Net Profit	5604	7147	4144	2704	8638
Balance Sheet
Assets	8052	9532	6757	8030	8551
Cash Equivalent	6274	2451	3283	6591	1502
Accounts Receivables	6849	3237	4180	3972	8451
Inventory	6971	7682	4249	3618	3597
Liabilities	3060	6705	3911	5138	2694
Total Debt	8599	3924	2925	3184	1498
Accounts Payable	8458	3745	4031	9024	7704
Equities	2017	2505	1891	5140	3162
Cashflow Statement
Cash from Operating activities	4217	4226	3486	4800	2080
Cash from Investing activities	3530	9267	1690	5061	7999
Net cash from Financing activities	9503	5527	8331	3939	1150

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 39.78%, Funds own 36.90%, Angels own 16.09% and ESOP Pool own 7.23%. The net worth of Jombay's founders is INR 13.6Cr as of Aug 14, 2019. The cap table displayed below is for NEXT LEAP CAREER SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Jombay.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	39.78%	13.6Cr	2090016	6285924	2619088	8458607
Mohit Sharad Gundecha	8344857	6838324	3405532	2912834	8847425	9976647
Fund	36.90%	12.7Cr	1298246	8398088	4557112	1932278
Nirvana Digital	8479044	5660746	8928279	1939528	6452178	3531110
Angel	16.09%	5.52Cr	2238082	4340563	8769442	6475806
Manu Wadhwa	90	19	40	35	74	90
Shanta Vallury Gandhi	37	88	95	76	52	44
Amit Kumar Patni	0	0	0	0	0	0
ESOP Pool	7.23%	2.48Cr	6008920	8246893	3064602	5018757
Total	100.00%	34.3Cr	8985900	8111675	1347700	9544460