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Servify - About the company

Servify is a series D company based in Mumbai (India), founded in 2015 by Sreevathsa Prabhakar, Bharat Jain, M S Kalsi, Swetha Prashant, Himanshu Doshi, Moiz Kothari, Rochelle Xaavier and Hrushi Sodha. It operates as an AI powered product lifecycle management platform. Servify has raised $173M in funding from investors like Beenext, Iron Pillar and Blume Venture, with a current valuation of $*****. The company has 17 active competitors, including 3 that are funded. Its top competitors include companies like OneAssist, Onsitego and GoWarranty.

Company Details

Servify is a global product lifecycle management company that focuses on designing as well as administering custom product protection programs and exchange/upgrade programs for OEMs, telcos and retailers. Brands overwhelmingly select Servify as partner for their speed, flexibility, innovative product development, technology, compliance and underwriting expertise, and its ability to drive revenue and retention through a relentless customer focus.
Social
XFacebook
Email ID
*****@servify.com
Phone Number
+91 **********
Registered Address
Kivila tn 11-121
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Series D
Total Funding
$173M in 15 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 20, 2026
Investors
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
535 as on May 31, 2026
Similar Companies
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Servify's funding and investors

Servify has raised a total funding of $173M over 15 rounds. Its first funding round was on Jan 30, 2016. Its latest funding round was a Series D round on Dec 11, 2025 for $*****. 2 investors participated in its latest round. Servify has 41 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Servify:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 11, 2025
7526157
Series D
8868843
3468440
2609667
7146327
Mar 20, 2025
1526313
Series D
1685491
3293224
5322019
Aug 28, 2024
7183721
Venture Debt
3793651
5480354
3107368
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Servify's founders and board of directors

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

Servify's Board of Directors

Servify's board has 6 active members. Karthik Reddy Bezawada, Sreevathsa Prabhakar, Anand Ramachandran Prasanna and Heeralal Choudhary are part of team and Steffen Wilhelm Max Roehn and Sreekumar Prabhakaran Pulakot are independent board members.
Here is the list of Servify's board of directors:
Name
Type
Representing
Status
Duration
vktzrzk
Team
-
Past
2y 8m
Investor
Blume Venture
Current
7y 8m
Investor
Iron Pillar
Current
7y 8m
bmohsmr
Investor
k{pjauu
Current
8y 7m
Independent board member
-
Current
0y 7m
rvphjjq
Independent board member
-
Past
8y 9m

Servify's employee count trend

Servify has 535 employees as of May 26. Here is Servify's employee count trend over the years:
Employee count trend for Servify
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Servify's Competitors and alternates

Top competitors of Servify include OneAssist, Onsitego and GoWarranty. Here is the list of Top 10 competitors of Servify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OneAssist
OneAssist
2011, Mumbai (India), Series E
Provider of protection plans and repair services for electronic devices
$75.9M
78/100
2nd
Logo for Servify
Servify
2015, Mumbai (India), Series D
AI powered product lifecycle management platform
$173M
74/100
3rd
Logo for Onsitego
Onsitego
2010, Mumbai (India), Series B
Provider of doorstep repair and maintenance services for electronic devices and home appliances
$36.2M
58/100
4th
Logo for GoWarranty
GoWarranty
2018, Mumbai (India), Unfunded
Extended warranty platform for consumer electronics
-
-
34/100
5th
Logo for InfyShield
InfyShield
2014, Delhi (India), Unfunded
Online consumer electronics insurance platform
-
-
32/100
6th
Logo for Warranty Express
Warranty Express
2021, Mumbai (India), Unfunded
Provider of tech-enabled platform for post-purchase care and warranty services
-
-
31/100
7th
Logo for XtraCover
XtraCover
2000, Delhi (India), Unfunded
Platform providing additional warranty management solutions for electronic devices
-
-
26/100
8th
Logo for GizmoHelp
GizmoHelp
2013, Gurugram (India), Unfunded
Device protection and on-demand tech support services for consumer electronics
-
-
26/100
9th
Logo for Quick Heal Gadget Securance
Quick Heal Gadget Securance
2015, Pune (India), Unfunded
Mobile Security & Insurance
-
-
24/100
10th
Logo for FoneX
FoneX
2020, Mumbai (India), Unfunded
Online consumer electronics insurance platform for individuals
-
-
24/100
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Servify's Latest cap tables and shareholding

Founders own 23.28%, Funds (largest shareholder) own 57.48%, Enterprises own 6.71% and Angels own 0.82%. The net worth of Servify's founders is INR 1,350Cr as of Feb 20, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.28%
1,350Cr
9440238
2593819
7426530
7488608
6765225
5640117
4446553
7518777
1472410
8934871
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Fund
57.48%
3,340Cr
5472872
5591535
3019754
2376068
8599499
7122938
2320118
8757233
4572577
5290762
259466
708772
847239
512627
687550
728740
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
6.71%
389Cr
698409
224751
954645
835773
Angel
0.82%
47.6Cr
0
0
0
0
Other People
0.67%
38.8Cr
0
0
0
0
ESOP Pool
7.89%
458Cr
4411051
7969734
6040122
1149666
Other Investors
3.15%
183Cr
305
167
992
769
Total
100.00%
5,800Cr
9899459
8616894
7664272
2905175
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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 Servify's Shareholding

Servify's Investments and acquisitions

Servify has made no investments or acquisitions yet.

News related to Servify

lockFilter this list
Media has covered Servify for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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FAQs about Servify

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