Venture Infotek - About the company
Venture Infotek is an acqui-hired company based in Mumbai (India), founded in 1997. It operates as a Transaction processing and payment solutions. Venture Infotek has raised $20M in funding from Kubera Partners and Kubera Cross-Border Fund. The company has 197 active competitors, including 22 funded and 57 that have exited. Its top competitors include companies like Euronet Worldwide, Thredd and FSS.
Company Details
Transaction processing and payment solutions. It operates as a transaction processing and knowledge management company in India. It engages in building infrastructure for enabling electronic payments in the field of end to end processing operations, including backend and front end of credit/debit/prepaid cards. The company offers solutions in the areas of card issuance processing, card acquiring processing, card supply and personalization, Internet payment gateway, loyalty programs, Internet and mobile banking, mobile commerce, merchant acquisition, utility bill processing, and RFID solutions. It also provides risk management services such as analysis, identification, assessment, evaluation, planning, and management. In addition, the company offers software services in the areas of POS terminal management systems, terminal applications, multi application solutions for point of sale, cards management systems, loyalty systems, and various payment cards.
- Website
- ventureinfotek.com
Key Metrics
Founded Year
1997
Location
Mumbai, India
Stage
Acqui-Hired
Total Funding
$20M in 1 round
Latest Funding Round
Investors
Ranked
114th among 197 active competitors
Employee Count
1 as on Jul 01, 2024
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Venture Infotek's funding and investors
Venture Infotek has raised a total funding of $20M over 1 round. Its latest funding round was a PE round on Nov 20, 2007 for $*****. 2 investors participated in its latest round. Venture Infotek has 4 institutional investors.
Here is the list of recent funding rounds of Venture Infotek:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2007 | 3568841 | PE | 2005609 | 8646429 | 8068984 | 8510355 |
View details of Venture Infotek's funding rounds and investors
Venture Infotek's founders and board of directors
Founder? Claim ProfileHere are the details of Venture Infotek's key team members:
- Umar Ali Shaikh: CEO of Venture Infotek. Contact Info: 1 email address and 1 phone number
View details of Venture Infotek's Founder profiles and Board Members
Venture Infotek's employee count trend
Venture Infotek has 1 employees as of Jul 24. Here is Venture Infotek's employee count trend over the years:
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Venture Infotek's Competitors and alternates
Top competitors of Venture Infotek include Euronet Worldwide, Thredd and FSS. Here is the list of Top 10 competitors of Venture Infotek, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Euronet Worldwide 1994, Leawood (United States), Funding Raised | Electronic payments provider | - | 70/100 | |
2nd | Thredd 2007, London (United Kingdom), Series D | Provider of issuer processing services for businesses needing digital payment solutions | $461M | 68/100 | |
3rd | Provider of payment technology solutions for card issuance and management | $127M | 66/100 | ||
4th | Silverflow 2019, Amsterdam (Netherlands), Series B | Issuer processor providing payment processing solution for businesses | $76.4M | 64/100 | |
5th | Provider of open banking API solutions | $74.2M | 63/100 | ||
6th | Conferma 2004, Cheadle (United Kingdom), Unfunded | Provider of virtual card and payment solutions for business transactions | - | - | 62/100 |
7th | Arroweye 2000, Chicago (United States), Acquired | On-demand payment card solutions provider enabling speed and flexibility | $88.7M | 61/100 | |
8th | CPI Card Group 1995, Littleton (United States), Public | Payment card and issuer processing solutions | - | 61/100 | |
9th | EVO Payments 1989, Atlanta (United States), Acquired | Merchant acquiring and payment processing solutions | - | 60/100 | |
10th | Elavon 1991, Atlanta (United States), Acquired | Global payment processing solutions for businesses of all sizes and industries | - | - | 60/100 |
114th | Venture Infotek 1997, Mumbai (India), Acqui-Hired | Transaction processing and payment solutions | $20M | 28/100 |
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Venture Infotek's Investments and acquisitions
Venture Infotek has made no investments or acquisitions yet.
Reports related to Venture Infotek
Here is the latest report on Venture Infotek's sector:
News related to Venture Infotek
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IndusInd Bank launches POS (Point of Sale) acquiring servicesBusiness Standard•Jun 22, 2011•IndusInd Bank, Venture Infotek
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Venture Infotek to launch IDBI Bank's internet payment gateway servicesBHARTI ENTERPRISES (HOLDING) PRIVATE LIMITED•Apr 05, 2010•IDBI Bank, Venture Infotek, IDBI Bank
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Venture Infotek Issues 20 Million Debit Cards in 15 months for State bank of Indiaequitybulls.com•Mar 21, 2010•Venture Infotek, State Bank of India
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Venture Infotek, Welcome Real-time form partnershipIndia Retailing•Mar 10, 2009•Venture Infotek, Welcome Real Time
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Venture Infotek, Welcome Real-time To Launch Loyalty Solns In IndiaFirstpost•Mar 05, 2009•Venture Infotek, Welcome Real Time
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