Indian Financial Technology and Allied Services (IFTAS) Revenue and Competitors

Mumbai, IND

Location

N/A

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Indian Financial Technology and Allied Services (IFTAS)'s estimated annual revenue is currently $26.5M per year.(i)
  • Indian Financial Technology and Allied Services (IFTAS)'s estimated revenue per employee is $81,250

Employee Data

  • Indian Financial Technology and Allied Services (IFTAS) has 326 Employees.(i)
  • Indian Financial Technology and Allied Services (IFTAS) grew their employee count by 16% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$26.5M32616%N/AN/A
#2
$15160.6M74683N/AN/AN/A
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What Is Indian Financial Technology and Allied Services (IFTAS)?

IFTAS (Indian Financial Technology & Allied Services) is a Section-8 non-profit organization established by IDRBT registered under the Companies Act 2013 (CIN: U74900TG2015NPL097485), with board-level participation from RBI (Reserve Bank of India), C-DAC (Center for Development of Advanced Computing), CCICI (Cloud Computing & Innovation Council of India), IDRBT (Institute for Development & Research in Banking Technology) and NABARD (National Bank for Agriculture and Rural Development) representatives. IFTAS (Indian Financial Technology & Allied Services) operates and provides the following solutions for banks and financial institutions: 1. INFINET, the communications backbone of all the banks and financial institutions in India. 2. SFMS, India's largest financial messaging platform, facilitating RTGS and NEFT transactions. 3. Bank On Cloud is based on IBCC (Indian Banking Community Cloud), the most trusted cloud platform for banks and financial institutions in India. Bank On Cloud solution includes IaaS, PaaS, DRaaS and SaaS (CBS, Mobile Banking, etc.) to banks. IFTAS is also focused on creating and propagating disruptive technology products and services that will enable quantum leaps in banking and financial services. Our Customers Public / Private Sector Banks (PSBs) Regional Rural Banks (RRBs) Urban Co-operative Banks (UCBs) Primary Agricultural Credit Society (PACS)

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Total Funding

326

Number of Employees

$26.5M

Revenue (est)

16%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Indian Financial Technology and Allied Services (IFTAS) News

2022-04-20 - Startups Let India Retail Investors Buy Corporate Debt at $130

Start-up firms selling corporate bonds to retail investors are booming in India. At least 10 new financial technology platforms have sprung...

2022-04-20 - Economic Times Felicitates EbixCash Chairman Robin Raina Amongst the Most Promising Business Leaders of Asia 2021-22

The EbixCash journey in India has been completely focused on that endeavor. ... EbixCash's financial technologies business offers software...

2022-04-19 - Be part of India's growth story: Nirmala Sitharaman to US fintech, chip firms

Be part of India's growth story: Nirmala Sitharaman to US fintech, chip firms ... Union Finance Minister Nirmala Sitharaman has asked some of...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$53M326N/AN/A
#2
N/A32712%N/A
#3
$55.2M3273%N/A
#4
$24.6M32843%N/A
#5
$21M3296%N/A