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IKEDA is a technology enabled digital service provider, providing business correspondents and assisted eServices at grass root levels in India. Key stakeholders in its business segment are merchants, for delivery of its products and services to the citizens. It acts as business correspondent to provide banking products and services on behalf of major banks in India. It provides its services through its Mobile application ‘FINKEDA’ mobile app, which provides various services to its clients viz. Aadhaarenabled payments, other utility bills payments etc.
IKEDA major competitors are IFL Promoters, Wardwizard Health., Interise Trust, Kelvin Fincap, Haryana Finanl. Corp, hdb financial services ltd., Bank of Maharashtra.
Market Cap of IKEDA is ₹0 Crs.
While the median market cap of its peers are ₹6 Crs.
IKEDA seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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