# Paradime Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paradime-technologies-pvt

- Industry: Financial Services
- Headquarters: Gurgaon, India
- Website: www.numberz.co
- Total disclosed funding: $5M
- Latest round: Series A (Mar 12, 2020)
- Investors on record: 6

## About

Paradime Technologies Pvt. Ltd specializes in providing advanced solutions for accounts receivable and collections, focusing on automating financial processes for subscription-based businesses.Founded in 2016 and headquartered in Gurgaon, India, Paradime Technologies Pvt. Ltd develops innovative financial management tools. The company was acquired by ChargeBee Inc. in February 2022, which enhances its capacity to deliver automated accounts receivable solutions. The acquisition aids ChargeBee's strategy to assist recurring revenue businesses in managing their financial workflows. The company's founder, whose background in technology startups contributed to Paradime's development, has been instrumental in steering the firm's direction. Paradime has engaged in a total of 5 deals, with a notable funding milestone being its Series A round, raising INR 88.670 mn, matching its total amount raised and giving the company a current valuation of INR 841.490 mn.Paradime Technologies offers a comprehensive suite aimed at automating accounts receivable processes, particularly for subscription-based businesses. Their flagship product integrates seamlessly with existing billing systems, providing essential tools for payment recovery, customer communication, and others. The platform is designed to deliver real-time insights and identify potential payment issues, addressing various sectors, including B2B SaaS, e-commerce, and education, primarily catering to clients across North America, Europe, and the Asia Pacific region.In 2024, Paradime Technologies reported a revenue of INR 147,531.1 mn and an EBITDA of INR 198,461.4 mn. The company's revenue model is centered around subscription fees for its suite of financial management tools, ensuring a steady flow of transactions through their platforms. Their offerings enhance operational efficiency for clients dealing with recurring payments, particularly in B2B relationships.Paradime Technologies plans to leverage its recent acquisition by ChargeBee Inc. to enhance its product offerings and expand into new markets. Focused on developing additional automated solutions for accounts receivable, the company aims to release new products in the coming year. The recent Series A funding of INR 88.670 mn will support these growth initiatives, enabling the company to better serve the recurring revenue sector through enhanced workflows and customer engagement strategies. The acquisition rationale highlights the importance of boosting services for businesses managing complex financial processes.

## Funding rounds

- Series A, Mar 12, 2020, $1.2M — Hong Shan, Kae Capital, Vistra ITCL, LVX, Kalysta Capital
- Series A, Jul 19, 2017, $3.2M — Hong Shan, Kae Capital, Kalysta Capital
- Seed, Mar 21, 2016, $0.6M — Kae Capital, Khosla Impact, Kalysta Capital

## Investors

- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Seed, Series A
- Khosla Impact — Seed
- Kalysta Capital (https://capitalatlas.ai/funds/kalysta-capital) — Seed, Series A
- Hong Shan — Series A
- Vistra ITCL — Series A
- LVX (https://capitalatlas.ai/funds/lvx) — Series A