Solv - About the company
Solv is an acquired company based in Bengaluru (India), founded in 2019 by Nitin Mittal. It operates as a Marketplace platform offering multi-category products and services for businesses. Solv has raised $40M in funding from SBI Group. The company has 837 active competitors, including 113 funded and 31 that have exited. Its top competitors include companies like BharatPe, InCred and Funding Societies.
Company Details
Marketplace platform offering multi-category products and services for businesses. The product and services include farm products, hospitality, restaurants, electronics, and more. Its mobile application is available for Android users.
- Website
- www.solvezy.com
- Social
- Phone Number
- +91 **********
- Registered Address
- 2nd Floor, Indiqube Edge, Khata No.571/630/6/4, Ambalipura Village, Varthur Hobli, Mahad, evpura Div, Bangalore, Bengaluru, Karnataka, India, 560102
Legal entities associated with Solv
Solv is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOLV PLATFORMS PRIVATE LIMITED CIN: U66000KA2019PTC120109 , India, Active | Jan 08, 2019 | $17.1M (As on Mar 31, 2024) | 389 (As on Jul 01, 2025) |
Solv's acquisition details
Solv got acquired by Jumbotail on Feb 12, 2025.
Click here to take a look at Solv's acquisition in detail
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Solv's funding and investors
Solv has raised a total funding of $40M over 1 round. Its latest funding round was a Series A round on Jun 27, 2022 for $*****. 3 investors participated in its latest round. Solv has 4 institutional investors.
Here is the list of recent funding rounds of Solv:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2022 | 7737260 | Series A | 7737857 | 3242049 | 9387098 | 9523515 |
Access funding benchmarks and valuations. Sign up today!View details of Solv's funding rounds and investors
Solv's founders and board of directors
Founder? Claim ProfileThe founders of Solv is Nitin Mittal. Amit Bansal is the CEO of Solv.
Here are the details of Solv's key team members:
- Nitin Mittal: Founder CEO & Board Member of Solv. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Amit Bansal: CEO of Solv. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Solv's Board of Directors
Solv's board has 4 active members. Amit Bansal is part of team and Manu Anand, Gautam Jain and Nicholas Gilbert are independent board members.Here is the list of Solv's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
fpke{{n | Team | - | Past | 2y 6m |
def{fyw | Team | - | Current | 4y 6m |
Independent board member | - | Current | 3y 10m | |
sjgdt{m | Independent board member | - | Current | 2y 9m |
vzjx{fb | Independent board member | - | Current | 9y 8m |
View details of Solv's Founder profiles and Board Members
Solv's employee count trend
Solv has 412 employees as of Feb 25. Here is Solv's employee count trend over the years:
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Solv's Competitors and alternates
Top competitors of Solv include BharatPe, InCred and Funding Societies. Here is the list of Top 10 competitors of Solv, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment solutions, lending, and investment opportunities for businesses | $584M | 83/100 | ||
2nd | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
3rd |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 82/100 | |
4th | Online marketplace for business loans | $241M | 79/100 | ||
5th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
6th | Online retailer of industrial tools, electrical, safety, medical, and office supplies | $471M | 77/100 | ||
7th | Provider of loan products and services for small and medium businesses | $90.8M | 77/100 | ||
8th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 77/100 | ||
9th | L & T Finance Holdings 1994, Mumbai (India), Public | Diversified lending NBFI | - | 75/100 | |
10th | Tata Capital 2007, Mumbai (India), Public | Diversified non-banking financial company | - | - | 73/100 |
38th | Marketplace platform offering multi-category products and services for businesses | $40M | 58/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Solv's competitors? Click here to see the top ones
Solv's Investments and acquisitions
Solv has made no investments or acquisitions yet.
Reports related to Solv
Here is the latest report on Solv's sector:
News related to Solv
Filter this listMedia has covered Solv for a total of 8 events in the last 1 year, 1 of them has been about company updates.
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Utexo Raises $7.5M Led by Tether for Bitcoin USDT SettlementsNewMediaWire•Mar 06, 2026•Portal ventures, Big Brain Holdings, Tether, Utexo and 21 others
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Jumbotail Raises $120 Million, Acquires B2B Platform Solv IndiaThe Hindu•Jun 30, 2025•Jumbotail, SC Ventures, Solv
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B2B Jumbotail raises USD 120 million in funding round led by SC VenturesNewsDrum•Jun 30, 2025•Jumbotail, SC Ventures, Solv
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Jumbotail Secures USD 120 Million Funding Led by SC Ventures, Acquires Solv IndiaDailyexcelsior•Jun 30, 2025•Jumbotail, SC Ventures, Solv
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Jumbotail to acquire SC Ventures incubated Solv IndiaJumbotail•Mar 26, 2025•Jumbotail, SC Ventures, Solv, Solv and 2 others
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