Balancehero India Revenue and Competitors

Gurgaon, India

Location

N/A

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Balancehero India's estimated annual revenue is currently $15.6M per year.(i)
  • Balancehero India's estimated revenue per employee is $65,218

Employee Data

  • Balancehero India has 239 Employees.(i)
  • Balancehero India grew their employee count by 10% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$0.7M190%N/AN/A
#2
$261.3M31305%$741.6MN/A
#3
$171.8M21217%$530.8MN/A
#4
$4.3M61-18%N/AN/A
#5
$135.6M186211%N/AN/A
#6
$455M57687%N/AN/A
#7
$39.5M479-5%$51.3MN/A
#8
$6.8M104-10%$6.6MN/A
#9
$51.5M7408%N/AN/A
#10
$104.8M112813%$878.1MN/A
Add Company

Balancehero India Private Limited (BHI), the wholly owned subsidiary of Balancehero Co. Ltd., Korea which runs and operates mobile App ?True Balance?. The company launched its mobile application ?True balance? in 2014 by Mr. Charlie Lee as CEO, an alumnus of the University of Chicago. The term ?True Balance? also represents as trade name of Balancehero group (Balancehero co. Ltd., Korea and its subsidiaries companies). Balancehero India Pvt. Ltd. is a fin-tech company that serves as financial platform provider through its app ?True Balance? and provides wallet, utility or other payment option, loan, insurance, commerce, etc. True Balance aims to serve India 2 and 3 with utility payments financial platform for the unbanked users to serve their money for living requirements. With this aim company is enhancing its digital lending arms to serve its customers. App ?True balance? initially focused on balance check, data management, before expanding into other service categories such as issuance of pre-paid instruments in the form of digital wallet, UPI, Utility bill payment, Recharge Loan. The app provides best services that accumulated data of 70 million users to date. True Balance has raised fund from SoftBank Ventures Asia, Line Ventures, Naver, Shinhan Bank, TS Investment, Bon Angels, Mega Investment, IMM, Korea Development Bank, Capstone Partners and Intervest.

keywords:N/A

N/A

Total Funding

239

Number of Employees

$15.6M

Revenue (est)

10%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Balancehero India News

2022-04-20 - Fintech Startup for the Next Billion - True Balance, Expands ...

Commenting on the appointments, True Balance's (Balancehero Group, ... India has made significant progress in bridging the digital divide.

2022-02-22 - Balancehero India appoints FinTech veteran, Souparno Bagchi as ...

At Balancehero India, our vision is to make finance accessible to the next billion users in India, who despite having a bank account have...

2022-02-22 - Balancehero India names Souparno Bagchi as Chief Operating Officer

Charlie Lee, Founder & CEO, Balancehero India said, “The intech industry is constantly evolving with more enterprises, corporates and SMEs,...

2021-11-23 - True Balance raises $30 million in debt for financial arm

PTI New Delhi: True Credits - the NBFC and an affiliate of an RBI-authorised lending company True Balance - on Tuesday announced a debt fundraise of $30 million (about Rs 223.2 crore) from investors, including Northern Arc, Arthmate, Shine Star and others. With this, the total debt fund raised ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$60.2M240-45%N/A
#2
$20.2M241-2%N/A
#3
$19.3M2420%N/A
#4
N/A24213%N/A
#5
$21.8M24311%N/A