• FOUNDING YEAR: 2016
    LOCATION:
    India
    REGION:
    Maharashtra
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Cube app for pay bills, money transfer & bill mangement
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Partnered with Milaap - allow users to automatically lend a small amount to people. Partnered with 50 billers, including, mobile operators, DTH operators.
COMMENT
Cube offers multiple features including allowing users to create and personalize bill reminders, analytical graphs to track spending habits, access to billing history and also adds automatic bill reminders.

PEOPLE

FOUNDERS:
Satyen V Kothari
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Beenext, Asuka Holdings, 500 Startups, Zephyr Trading, Mamoru Taniya, Rajeev V Venkayya

TRACTION

COMMENT:
The company sees a daily transactional volume of about 2,500, with an average transaction amount of Rs 500.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$4.04 Millions
DATE OF LAST FUNDING:
Oct 2018
TOTAL FUNDING COMMENT:
The company will use the funding to add additional asset partners and develop a network of premium sales/marketing partners and IFAs across the country. (Oct. 2018)
SEED & PRIOR FUNDING:
$4.04 Millions
SEED CLOSED ON:
Oct 2018
LISTED:
NO

LATEST RESEARCH