Xpedize - About the company
Xpedize is an acquired company based in Gurugram (India), founded in 2017 by Deepak Gugnani and Regan Jahangir Mithani. It operates as a SaaS-based dynamic discounting software. Xpedize has raised $2.25M in funding from YourNest and HDFC Capital, with last known valuation of $*****. The company has 305 active competitors, including 58 funded and 13 that have exited. Its top competitors include companies like BharatPe, Indifi and Recur Club.
Company Details
Xpedize is a provider of SaaS-based dynamic discounting software. It connects investors, suppliers, and buyers, and allows suppliers to offer dynamic cash discounts in order to receive early payments from buyers. It enhances compliance through the audit trail mechanism and improves supplier relationships.
- Website
- xpedize.com
- Email ID
- *****@xpedize.com
- Phone Number
- +91 **********
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Acquired
Total Funding
$2.25M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 16, 2022
Ranked
34th among 305 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
1 as on Aug 31, 2026
Exit Details
Acquired by Clear (Mar 16, 2022)
Legal entities associated with Xpedize
Xpedize is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOFTWARE IS CORRECT INC CIN: 5538007 , United States, Active | May 20, 2014 | - | - | - |
XPEDIZE VENTURES PRIVATE LIMITED CIN: U74999HR2017PTC070319 , India, Active | Aug 11, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 4 (As on Aug 01, 2025) |
Xpedize's acquisition details
Xpedize got acquired by Clear on Mar 16, 2022.
Click here to take a look at Xpedize's acquisition in detail
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Xpedize's funding and investors
Xpedize has raised a total funding of $2.25M over 4 rounds. Its first funding round was on Aug 21, 2018. Its latest funding round was a Seed round on Feb 25, 2022 for $*****. 3 investors participated in its latest round. Xpedize has 9 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Xpedize:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2022 | 5192914 | Seed | 5026168 | 3280024 | 4044702 | 2832324 |
Dec 31, 2020 | 5078426 | Seed | 4906834 | 5248463 | 7268465 | |
Mar 31, 2020 | 4061103 | Angel | 3776870 | 1958900 |
View details of Xpedize's funding rounds and investors
Xpedize's founders and board of directors
Founder? Claim ProfileThe founders of Xpedize are Deepak Gugnani and Regan Jahangir Mithani.
Here are the details of Xpedize's key team members:
- Deepak Gugnani: Co-Founder & Director of Xpedize. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Regan Jahangir Mithani: Co-Founder of Xpedize. They serve on the board of 1 company.Contact Info: 1 phone number
Xpedize's Board of Directors
Xpedize's board has 2 active members. Deepak Gugnani and Regan Jahangir Mithani are part of team.Here is the list of Xpedize's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
fefgytd | Team | - | Past | 4y 5m |
qgddzmf | Team | - | Past | 6y 7m |
View details of Xpedize's Founder profiles and Board Members
Xpedize's employee count trend
Xpedize has 1 employees as of Aug 26. Here is Xpedize's employee count trend over the years:
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Xpedize's Competitors and alternates
Top competitors of Xpedize include BharatPe, Indifi and Recur Club. Here is the list of Top 10 competitors of Xpedize, 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 | 86/100 | ||
2nd | Provider of loan products and services for small and medium businesses | $90.8M | 77/100 | ||
3rd | Recur Club 2021, Delhi (India), Series A | Provider of non-dilutive debt financing for startups and growing businesses | $15.3M | 77/100 | |
4th | Provider of credit insurance and savings products for small town families | $35.1M | 73/100 | ||
5th | Online marketplace for business loans | $241M | 71/100 | ||
6th | Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 69/100 | |
7th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 68/100 | ||
8th | BankBazaar 2008, Chennai (India), Series D | Online platform providing tools for comparing and applying for financial products | $134M | 68/100 | |
9th | P2P lending platform for consumers & businesses | $1.68M | 65/100 | ||
10th | IndiaLends 2014, Gurugram (India), Acquired | Provider of personal loans, business loans, gold loans, and credit cards | $25.8M | 64/100 | |
34th | SaaS-based dynamic discounting software | $2.25M | 48/100 |
Looking for more details on Xpedize's competitors? Click here to see the top ones
Xpedize's Investments and acquisitions
Xpedize has made no investments or acquisitions yet.
Reports related to Xpedize
Here is the latest report on Xpedize's sector:
News related to Xpedize
•
Advised and assisted YourNest India VC Fund in its exit from Xpedize Ventures Private LimitedKhaitan Legal Associates•May 31, 2022•Khaitan Legal Associates, YourNest, Xpedize, ClearTax
•
Kora Capital-backed Clear buys financing tech platform XpedizeVCCircle•Mar 16, 2022•ClearTax, Xpedize, Clear
•
HDFC Capital Advisors acquires additional stake in XpedizeBusiness Standard•Mar 10, 2022•HDFC Capital, Xpedize
•
Cash Discounting Platform Xpedize Joins MonetaGo’s Blockchain based Anti-Fraud NetworkIndianWeb2•Oct 07, 2019•Xpedize, MonetaGo
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