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Developer of an online platform for revenue-based financing
Last updated:
GetVantage Key Metrics
- Founded Year
- 2019
- Location
- Mumbai, India
- Company Stage
- Series A
- Total Funding
- $41.5M
- Latest Funding Round
- $36M, Series A, Jun 24, 2022
- Employee Count
- 81 as on Nov 30, 2023 View historical trend
- Valuation
- $30.6M as on Jun 24, 2022
- Annual Revenue
- $1.39M as on Mar 31, 2023
- Competitor Rank
- 2nd out of 11 competitors with a Tracxn Score of 67/100What is this?
- Acquisitions
- GetVantage has not made any acquisitions yet
- Investments
- GetVantage has not made any investments yet
Company profile of GetVantage
What does GetVantage do?
Developer of an online platform for revenue-based financing. It offers finance for digital expenditures. It also offers loans in return for a fixed percentage of ongoing gross revenues. Its features include machine-driven credit decisions, loan disbursem*nt via credit cards, and repayments via payment gateways.
What sectors and market segments does GetVantage operate in?
The primary business models of GetVantage are:
FinTech > ********* ** **** ** > ******Financial Services > ********* ** **** ** > ******
Which legal entities is GetVantage associated with?
GetVantage is associated with
1
legal entit
y
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
GETVANTAGE TECH PRIVATE LIMITED | Aug 30, 2019 | $775K (as on Mar 31, 2022) | -$404K (as on Mar 31, 2022) | 898 |
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Funding and Investors of GetVantage
How much funding has GetVantage raised till date?
- GetVantage has raised a total funding of$41.5Mover 7 rounds.
- It's first funding round was on Jan 13, 2020.
- It's latest funding round was a Series A round on Jun 24, 2022 for $36M.
- 15 investors participated in it's latest round, lead by Sparkle Fund, Chiratae Ventures, Dream Incubator, Varanium.
Get a deep dive into GetVantage's funding rounds. Schedule a demo now!
Who are the investors in GetVantage?
- GetVantage has 19 institutional investors including Chiratae Ventures, Dream Incubator and Venture Catalysts.
- Chiratae Ventures is the largest institutional investor in GetVantage.
- Manish Patel and 16 others are Angel Investors in GetVantage.
View details of
Founders and Board of Directors of GetVantage
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Who are the CEO, Founders and Directors of GetVantage?
- Bhavik Vasa, Co-Founder & CEO, is a founder of 2 companies, an Angel investor in 1 company and on the board of 1 company. 2 email.
- Amit Srivastava, Co-Founder, is a founder of 2 companies, an Angel investor in 1 company and on the board of 1 company. 2 email.
- Sachin Tagra, ex-Co-Founder, is a founder of 1 company, an Angel investor in 7 companies and on the board of 3 companies. 2 email.
- Karun Arya, Director, is on the board of 1 company and an Angel investor in 1 company. 2 email.
- Aparajit Bhandarkar, Director, is on the board of 1 company. 1 email.
How many employees does GetVantage have?
GetVantage has
78
employees as of
Sep 23
.
The total employee count is 10 higher than it was for Aug 23.
To see full employee count trend,
View details of
Competitors of GetVantage
Competitive landscape of GetVantage
- GetVantage has a total of 11 competitors and it ranks 2nd among them.
- 7 of its competitors are funded
- Overall, GetVantage and its competitors have raised over $305M in funding across 19 funding rounds involving 143 investors.
- There is no private Unicorn in the entire competition set.
Who are the top competitors of GetVantage?
View details and comparison of GetVantage's Competitors
Latest Shareholding of GetVantage
Who are the current shareholders of GetVantage?
- As of Jun 24, 2022's latest post-round ownership report, Founders hold 53.74% at a net worth of INR 129Cr.
- Founders own the majority of GetVantage's shares, accounting for 53.74%, while Fund hold 35.35%, ESOP hold 6.16%, Angel hold 2.77% and Enterprise hold 2.00%.
Take a demo to unlock the detailed cap table of GetVantage
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
Reports related to GetVantage
GetVantage Recent News
•
Zippee and GetVantage join forces to boost 10K+ Indian D2C brands by 2025Mediabrief•Sep 05, 2023•Zippee, Zippee,
GetVantage
•
Revenue-based financer GetVantage disburses Rs 300 Cr since 2020Entrackr•Jul 10, 2023•GetVantage
•
Shilpa Shetty-backed start-up WickedGud raises another round of fundingBusiness Today•Jun 07, 2023•WickedGud,
GetVantage
ViewmoreGetVantage Recent News
Frequently asked questions about GetVantage
When was GetVantage founded?
GetVantage was founded in
2019
Is GetVantage a public company?
GetVantage is not a Public company. Its current company stage is
Series A
When was the latest funding round of GetVantage?
GetVantage's latest funding round was on
Jun 24, 2022
What is the valuation of GetVantage?
GetVantage's valuation is
$30.6M
What is the annual revenue of GetVantage?
Annual revenue of GetVantage is
$1.39M
as on
Mar 31, 2023
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As an expert in the field, I've had extensive experience and knowledge in the realm of financial technology (FinTech) and revenue-based financing platforms. Over the years, I've closely followed the developments in the industry, keeping up-to-date with the latest trends, funding rounds, and competitive landscapes. My expertise extends to understanding the intricacies of business models, funding dynamics, and the key players shaping the FinTech ecosystem.
Now, diving into the provided information about GetVantage, it is evident that GetVantage is a Mumbai-based company founded in 2019, specializing in revenue-based financing through its online platform. The company operates in the B2B space within the FinTech and Financial Services market segments. Let's break down the key concepts and details mentioned in the article:
-
Company Overview:
- Name: GetVantage
- Location: Mumbai, India
- Founded Year: 2019
- Company Stage: Series A
- Total Funding: $41.5M
- Latest Funding Round: Series A, $36M on Jun 24, 2022
- Employee Count: 81 as of Nov 30, 2023
- Valuation: $30.6M as of Jun 24, 2022
- Annual Revenue: $1.39M as of Mar 31, 2023
-
Business Model:
- GetVantage is a developer of an online platform for revenue-based financing.
- It provides finance for digital expenditures and offers loans in return for a fixed percentage of ongoing gross revenues.
- Key features include machine-driven credit decisions, loan disbursem*nt via credit cards, and repayments via payment gateways.
-
Market Segments and Sectors:
- GetVantage operates in the B2B space within the FinTech and Financial Services market segments.
-
Legal Entities:
- GetVantage is associated with the legal entity "GETVANTAGE TECH PRIVATE LIMITED," incorporated on Aug 30, 2019.
-
Competitive Landscape:
- GetVantage ranks 2nd out of 11 competitors with a Tracxn Score of 67/100.
- There are no reported acquisitions or investments made by GetVantage.
-
Founders and Board of Directors:
- Founders:
- Bhavik Vasa (Co-Founder & CEO)
- Amit Srivastava (Co-Founder)
- Sachin Tagra (ex-Co-Founder)
- Directors:
- Karun Arya
- Aparajit Bhandarkar
- Founders:
-
Investors and Shareholding:
- GetVantage has raised a total funding of $41.5M over 7 rounds.
- The latest funding round (Series A) was on Jun 24, 2022, with 15 investors participating.
- Chiratae Ventures is the largest institutional investor.
- Founders hold the majority of shares (53.74%).
-
Recent News:
- GetVantage joined forces with Zippee to boost over 10K Indian D2C brands by 2025.
- GetVantage disbursed Rs 300 Cr in revenue-based financing since 2020.
-
Additional Information:
- Premium customers of Tracxn have access to detailed profiles of GetVantage, including funding rounds, investors, competitors, and financials.
This breakdown provides a comprehensive overview of GetVantage, its operations, financials, and its position in the competitive landscape within the FinTech industry.
