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How IBSFINtech CEO Chandra Grover grew to $3.8M revenue with a 74 person team in 2024.

Developer of a trade finance software designed to manage corporate treasury. The company's innovative treasury, trade finance and forex management software specializes in automating, processing and monitoring currency, commodity and interest risk parameters on the basis of interest rate derivatives, hedge accounting, advanced cash management and analytics, enabling corporate to effectively manage exposures and mitigate market risks.

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IBSFINtech Revenue

In 2024, IBSFINtech's revenue reached $3.8M. The company previously reported $2M in 2023. Since its launch in 2006, IBSFINtech has shown consistent revenue growth.

IBSFINtech Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M2006200820102012201420162018202020222024$0$1.2M$3.8MSource: GetLatka.com
YearMilestoneQuote
2024IBSFINtech Hit $3.8m revenue in October 2024
2023IBSFINtech Hit $2m revenue in October 2023
2021IBSFINtech Hit $1.2m revenue in April 2021
2006Launched with $0 revenue

IBSFINtech Valuation, Funding Rounds

IBSFINtech is a bootstrapped Other Analytics Software startup. Founded in 2006, IBSFINtech has grown to $3.8M in revenue without raising any venture capital or outside funding.

As a self-funded Other Analytics Software SaaS company, IBSFINtech has built its business with no outside investment.

IBSFINtech Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12006Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Chandra Grover

CEO

An ex-banker, Mr. Chandra Mohan Grover is MD & CEO of IBSFINtech India Pvt. Ltd. He brings more than 20 years of experience in forex, treasury operations, retail banking, lending – investments and commercial finance services. During his tenure at Vijaya Bank he was responsible for transformational growth in many branches.

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Customers

We do not have customer count information for IBSFINtech yet.

IBSFINtech Employees & Team Size

IBSFINtech employs approximately 74 people as of 2026.

IBSFINtech Team GrowthReported headcount over time0204060802006200820102012201420162018202020222024007474Source: GetLatka.com
YearMilestone
2024Reached 74 employees (October 2024)
2023Reached 74 employees (October 2023)
2022Reached 65 employees (October 2022)
2021Reached 54 employees (December 2021)
2021Reached 36 employees (April 2021)

Frequently Asked Questions about IBSFINtech

What is IBSFINtech's revenue?

IBSFINtech generates an estimated $3.8M in annual revenue.

Who founded IBSFINtech?

IBSFINtech was founded by Chandra Grover.

Who is the CEO of IBSFINtech?

The CEO of IBSFINtech is Chandra Grover.

How much funding does IBSFINtech have?

IBSFINtech is bootstrapped and has not raised outside funding.

How many employees does IBSFINtech have?

IBSFINtech has 74 employees.

Where is IBSFINtech headquarters?

IBSFINtech is headquartered in Bangalore, Karnataka, India.

Compare IBSFINtech to the industry

IBSFINtech operates across multiple industries. Browse revenue, funding, and growth data for IBSFINtech in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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