Suvidhaa Infoserve (Formerly known as Suvidhaa Infoserve (Suvidhaa) is formed in 2007 with a vision to build a robust and easily accessible platform that will offer every household, access to a world of services within their own neighbourhood. Suvidhaa was conceived, promoted & seed funded by its Founder & Chairman, Mr. Paresh Rajde & was angel funded by Mr Shapoorji Pallonji Mistry, Chairman of one of India’s leading Business Group viz., Shapoorji Pallonji Group.
Business area of the company
The company offers the facility to make payments for a host of services like utility bill payment services, renewal insurance premium collection services, telecom, mobile, DTH recharges besides travel ticketing (Rail, Air & Bus), domestic remittance services and merchant acquiring services etc.
Products and services offered by the company
Domestic Remittance Services
Individual & Business loan
Mutual fund & other investment products
ATM (Cash withdrawal / Statement)
Utility Bill Payments (Electricity / Telecom / Mobile / Gas etc)
Recharges (Prepaid Mobile / DTH)
Travel Ticketing (Air / Rail / Bus)
General and Life insurance
Bank Account Opening
Pre-paid / Gift Card issuance
Cash Collection and Bank Account deposits
The Kutch Shakti National Award 2008 and the Girnar Award 2007
Red Herring 100 Asia 2009 Award and Nominated for Red Herring 200 Global 2010 Award
Business Achiever (SME) Award 2009-10 by The Institute of Chartered Accountants of India (ICAI)
Inclusive Business Leader Award 2011 by International Finance Corporation (IFC, the World Bank Group)
ASCENT Award for Entrepreneur of the Year 2016 (Runner Up)
MetLife Foundation Inclusion Plus Award 2017 by MetLife Foundation
2007: Laying the Foundation for India’s 1st Multi Services (S-Commerce) Platform. Pioneered Agent based Railway Ticketing Technology & Business Architecture.
2011: Pioneered Cash 2 Bank Domestic Remittance (DR) Business, which was enabled by Suvidhaa’s Innovative Use of Technology and Deep Regulatory Understanding.
2013: Opened Loop B2B Card Program. First of its kind in the Industry, exclusively for Suvidhaa Channel Partners, leading to expansion of Services Bouqet offered to customers.
2015: Pioneered instant Issuing, Opening and Activating B2C Prepaid Card.
2015: Launched Nano Credit - Digital Loan Product for Suvidhaa Customers.
2017: Launched sPay-Suvidhaa’s Very Own Mobile based Digital Payment Acceptance Platform.