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Slice

From EverybodyWiki Bios & Wiki




Slice
ISIN🆔
IndustryTechnology
Founded 📆2016; 8 years ago (2016)
Founder 👔
  • Rajan Bajaj
  • Deepak Malhotra
Area served 🗺️
Members
Number of employees
🌐 Websitesliceit.com
📇 Address
📞 telephone

Slice is an Indian fintech startup company that specializes in digital wallets, e-commerce, payment system, and financial services, headquartered in Bangalore, Karnataka with operations in the Asia-Pacific region.[1][2][3][4][5][6][7][8][9]

History[edit]

Slice was founded in 2016 by Rajan Bajaj and Deepak Malhotra, with the aim to assist customers, especially their financial journey by offering innovative and customized solutions. Founder Rajan Bajaj was listed in the Forbes 30 under 30 list.[10][11][12][13][14][15][16]

Slice is the first financial product that caters to the needs of and since its inception has acquired over 300,000 customers from 30 major cities in India and has a whopping 950,000 on the waitlist. By 2022, Slice aims to register 1 million customers and expand its reach to 50 cities, along with offering job opportunities in engineering, product, and design roles.[17][18][19][20][21][22][23][24]

Funding[edit]

Slice has raised $53.7 million in 8 funding rounds as of 2021. Leading venture capital firms like Gunosy Capital, Das Kapital, Finup, Blume Ventures India, Simile Venture Partner, EMVC, Tracxn Labs, Better Capital, and Sachin Bansal's Navi, as well as angel investors like Kunal Shah, have funded Slice.[25][26][27][28][29][30][31][32][33][34]

Features[edit]

Slice has established a reputation as a digital lending platform because of its flagship product, the Slice Card, a non-traditional credit card built exclusively for India's millennials and Gen Z to help them manage their finances.[35] The card's distinguishing characteristic is that the discounts and incentives gained by users are focused on offerings that will be more useful to the younger generation, such as food delivery platforms, gym memberships, cab aggregators, and other similar activities. Slice’s mobile application is also user-friendly and designed to facilitate interactive sessions.[36][37][38][39][40]

Awards[edit]

  • Slice is the recipient of the FinTech Startup Award by TechNode Global.[41]
  • Honored with NASSCOM Emerge 50 awards

References[edit]

  1. ↑ Mohan, Raghu (24 May 2021). "We are the Tesla of credit cards: Slice founder & CEO Rajan Bajaj". Business Standard India. Retrieved 15 July 2021.
  2. ↑ "With Big Businesses Expected To Come In, Will NUE Make NPCI Redundant?". Inc42 Media. 26 November 2020. Retrieved 15 July 2021.
  3. ↑ Sinha, Ashish. "Credit's Biggest Opportunity Lies in Providing Solutions for GenZ: Rajan Bajaj, CEO & Founder, Slice". BW Businessworld. Retrieved 15 July 2021.
  4. ↑ Sarkar, Brinda. "Slice looks to hire 300 employees, ramp up product and tech teams". The Economic Times. Retrieved 15 July 2021.
  5. ↑ "Young Indians place more importance on the experience and the convenience of their purchase journey: Report". The Financial Express. 19 February 2021. Retrieved 15 July 2021.
  6. ↑ "You are being redirected..." www.ciol.com. Retrieved 15 July 2021.
  7. ↑ Bureau, BW Online. "Bengaluru-Based Slice To Cover Vaccination Costs Of Its Employees And All Their Family Members". BW Businessworld. Retrieved 15 July 2021.
  8. ↑ Sarkar, Brinda. "Fintech startup Slice appoints Nitin Basant as chief data scientist". The Economic Times. Retrieved 15 July 2021.
  9. ↑ Bhalla, Tarush (27 June 2021). "slice raises $20 million led by Gunosy and Blume Ventures". mint. Retrieved 15 July 2021.
  10. ↑ "vccircle". vccircle. Retrieved 15 July 2021.
  11. ↑ "entrackr". entrackr. Retrieved 15 July 2021.
  12. ↑ Malik, Yuvraj (14 December 2020). "WhatsApp means Business, joins payments companies in race for revenue". Business Standard India. Retrieved 15 July 2021.
  13. ↑ "Decoding Spending Habits Of Young Indians: Slice, Nielsen Report". Everything Experiential. Retrieved 15 July 2021.
  14. ↑ Bajaj, Rajan (13 May 2021). "What Youngsters Should Know Before Applying For A Credit Card". Forbes Advisor INDIA. Retrieved 15 July 2021.
  15. ↑ "Rajan Bajaj". Forbes. Retrieved 15 July 2021.
  16. ↑ "Sudhesh Chandrasekar appointed Slice's first-ever CFO - ETCFO". ETCFO.com. Retrieved 15 July 2021.
  17. ↑ "techcircle". techcircle. Retrieved 15 July 2021.
  18. ↑ "MC ExpertEye: By When Will Employees Return To Office?". Moneycontrol. Retrieved 15 July 2021.
  19. ↑ "VIEW: Financial awareness has never been our plus point. And it is not our fault". www.cnbctv18.com. 31 December 2020. Retrieved 15 July 2021.
  20. ↑ "Financial Literacy Week: Credit discipline should be taught young". The Financial Express. 12 February 2021. Retrieved 15 July 2021.
  21. ↑ "Slice: Inventing future of finance for young Indians". TechGraph. 8 February 2021. Retrieved 15 July 2021.
  22. ↑ "Slice Strengthens Top Deck, Poised For Growth In A Post-COVID World". Moneycontrol. Retrieved 15 July 2021.
  23. ↑ March, Dashveenjit Kaur (12 July 2021). "Slice is redefining-the-credit-card-industry-in-india". Tech Wire Asia. Retrieved 15 July 2021.
  24. ↑ "slice appoints Nitin Basant as its first Chief Data Scientist - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 15 July 2021.
  25. ↑ Variyar, Mugdha. "SlicePay gets funding from Japan's Das Capital, others". The Economic Times. Retrieved 15 July 2021.
  26. ↑ "Fintech startup Slice raises ₹39 crore debt from multiple investors". Inshorts - Stay Informed. Retrieved 15 July 2021.
  27. ↑ "Slice raises Rs 39 crore in debt funding". The Economic Times. Retrieved 15 July 2021.
  28. ↑ "Slice raises Rs 39 cr in debt funding". www.outlookindia.com/. Retrieved 15 July 2021.
  29. ↑ "Fintech platform Slice raises Rs 39 crore in debt funding". The New Indian Express. Retrieved 15 July 2021.
  30. ↑ "Festive sales sees major revival in spending among youngsters". The Financial Express. 25 November 2020. Retrieved 15 July 2021.
  31. ↑ "Festive sales sees major revival in spending among youngsters". www.outlookindia.com/. Retrieved 15 July 2021.
  32. ↑ Sheth, Hemani. "Young Indians prioritising health, financial security in 2021: Report". @businessline. Retrieved 15 July 2021.
  33. ↑ "Slice raises $23 mn debt in FY21 from Northern Arc Capital, Vivriti, 16 other lenders". VCCircle. 24 May 2021. Retrieved 15 July 2021.
  34. ↑ "Slice raises $20 million to go after the credit card industry in India". TechCrunch. Retrieved 15 July 2021.
  35. ↑ "Decoding the financial needs of Generation Z". The Financial Express. 17 November 2020. Retrieved 15 July 2021.
  36. ↑ "Returning to pre-COVID times: Gen-Z, millennials turn big spenders during festivities". The Economic Times. Retrieved 15 July 2021.
  37. ↑ "Festive sales sees major revival in spending among youngsters". www.livemint.com. 25 November 2020. Retrieved 15 July 2021.
  38. ↑ "Festive Sales Sees Major Revival In Spending Among Youngsters". Moneycontrol. Retrieved 15 July 2021.
  39. ↑ "Budget 2021: Reactions from Industry, Market Experts, Startup founders, Analysts, and Others". TechGraph. 3 February 2021. Retrieved 15 July 2021.
  40. ↑ "How a Bengaluru-based startup is solving credit card woes of GenZ and millennials – slice by slice". The Financial Express. 6 July 2021. Retrieved 15 July 2021.
  41. ↑ "Announcing the winners for the ORIGIN Innovation Awards 2020 · TechNode". TechNode. 19 November 2020. Retrieved 15 July 2021.

External links[edit]


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