[vc_row][vc_column][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16191″ img_size=”full”][vc_column_text]Payments
Cashfree Payments is a platform for all banking needs of businesses in India. It helps businesses collect and make payments through their reliable and customizable API infrastructure that can process about 20 million requests every day. It provides payment collections, vendor payouts, wage payouts, etc. Their clientele includes leading companies like BigBasket, Zomato, Cred, Furlenco, Noise etc. Akash Singh and Reeju Datta founded Cashfree Payments in July 2015. It has raised $40.9M funding from over five rounds, the latest being from SBI in June 2021.
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| Year | 2015 |
| Founders | Akash Sinha, Reeju Datta |
| Funding | $40.9 M |
| Merchants | 1,00,000+ |
| Employees | 201-500 |
| Amt Processed | $20 B+ annually |
| Products | Payments, Identity Verification, BaaS |
| Website | cashfree.com |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16195″ img_size=”full”][vc_column_text]Lending
CredAvenue is a marketplace that offers a one-stop solution for prospecting, evaluating, executing, and monitoring debt. It has a portfolio of 5 products, an end-to-end trade, and supply chain platform, CredSCF; loan origination co-lending ecosystem, CredCo-Lend; bond issuance and investment platform, Plutus; complete debt ecosystem, CredLoan; asset-based scrutinization solution, CredPool. It was founded in 2017 by Gaurav Kumar, who is also the Co-founder and Managing Director at Vivriti Capital. The company has total funding of $90M raised in a Series A round on September 29, 2021
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| Year | 2017 |
| Founders | Gaurav Kumar, Vineet Sukumar |
| Funding | $90 M |
| Employees | 201-500 |
| Products | CredSCF, Plutus, CredCo-Lend, CredLoan, CredPool |
| Volume | 12K+ daily transactions |
| Lenders | 500+ |
| Borrowers | 1000+ |
| Website | credavenue.com |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16202″ img_size=”full”][vc_column_text]Lending
GetVantage, a Mumbai-based fintech startup, facilitates growing businesses to fund their digital spending by providing revenue-based finance. It is the first of its kind platform in India and Southeast Asia, and offers capital to growth-stage e-commerce entrepreneurs and online businesses in these regions. It has a portfolio of brands across personal care, home care, health foods, fashion & apparel, etc.
GetVantage was founded in 2019 by Amit Srivastava and Bhavik Vasa. Amit Srivastava, having founded and scaled multiple companies in the financial services and technology sector, is currently the head of tech and operations. Bhavik Vasa, CEO, was the Chief Growth Officer at ItzCash. The company has raised $5M over two rounds, the latest being from a Seed round on October 27, 2020.
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| Year | 2019 |
| Founders | Bhavik Vasa, Amit Srivastava, Sachin Tagra |
| Funding | $5 M |
| Employees | 11-50 |
| Website | getvantage.co/ |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16206″ img_size=”full”][vc_column_text]Credit Card as a service
Hyperface helps companies create their credit cards and offers customizable APIs to ensure the credit card suits the business requirements. Through the Hyperface API, fintech companies can manage their entire customer experience in critical areas such as creating loyalty programs, card lifecycle, and driving customer engagement. In addition, they help companies launch their programs in 4-8 weeks compared to a typical 18-24 months. It was founded in February 2021 by R.V Ramanathan, ex-CTO of Juspay, and Aishwarya Jaishankar, a banker-turned-entrepreneur. Hyperface has raised a total funding of $1.3M over two rounds. The latest funding was raised from a Pre-seed round on December 15, 2021.
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| Year | 2021 |
| Founders | Ramanathan RV, Aishwarya Jaishankar |
| Funding | $1.3 M |
| Employees | 11-50 |
| Products | Co-branded Credit Card Stack, Pay Later stack |
| Website | hyperface.co |
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Founded in 2020, Mahila Money is a microfinance platform for young women entrepreneurs to cater to their business needs. Founded by Sairee Chahal, who previously co-founded Sheroes, Mahila Money aims to fulfill the financial requirements of women who want to conquer their entrepreneurial aspirations smoothly. It also provides a community of other budding women entrepreneurs who can help and guide each other on their business needs. It also offers digital bank account services and enables women to be financially independent.
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| Year | 2021 |
| Founders | Sairee Chahal, Siddhika Aggarwal, Vaibhav Kathju, |
| Employees | 2-10 |
| Services | Digital Bank Account Services, Mahila Loan, MM Ring (launching soon) |
| Website | mahila.money |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16211″ img_size=”full”][vc_column_text]Wealthtech
Multipl is the ‘Plan Now, Buy Later’ alternative to the ‘Buy Now Pay Later’ model, which has been widely popular. It aims at improving the financial habits of consumers who neither save their money diligently nor invest it for accruing better returns. Instead, it parks all your savings in safe instruments and aligns it to ensure that consumers enjoy life debt-free. As a result, Multipl helps users generate up to 5x more value in spending and savings than savings accounts and credit cards. It was co-founded by Vikas Jain, who has previously run a private investment advisory along with Padmanabhan Raghavan and Jagannathan Raghavan, co-founders at mpute.io, which Cisco acquired. It was founded in 2020 and funded by individual investors like Chakradhar Gade, founder of Country Delight, and Harish Narayanan, CMO at Myntra.
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| Year | 2020 |
| Founders | Vikas Jain, Padmanabhan Raghavan, Jagannathan Raghavan |
| Funding | $500,000 |
| Employees | 11-50 |
| Services | Digital Bank Account Services, Mahila Loan, MM Ring (launching soon) |
| Website | multipl.xyz |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16214″ img_size=”full”][vc_column_text]Insurtech
Onsurity is a healthcare company focused on providing comprehensive healthcare solutions to SMEs, startups, and growing businesses. Their monthly subscription, affordable health benefit plans also help food & beverage boutique outlets with hassle-free, beneficial insurance. In addition, it helps create a space where their employees are insured and enable it in a manner that doesn’t hamper organizational growth. It was founded by Yogesh Agarwal and Kulin Shah in 2020 and received Series A funding of $16 million from leading fintech investor Quona Capital and Nexus Venture Partners.
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| Year | 2020 |
| Founders | Yogesh Agarwal, Kulin Shah |
| Funding | $16 M+ |
| Employees | 201-500 |
| Services | Group Health Insurance, Group Term Life Insurance |
| Website | onsurity.com |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16216″ img_size=”full”][vc_column_text]Wealthtech
smallcase is a wealth management fintech startup providing a platform to bridge advisors, brokers, and other financial institutions with the investor. They also enable advisors and advisory firms to directly connect with potential investors through their small cases. It was founded in 2015 by Anugrah Shrivastava, Rohan Gupta, Vasanth Kamath and is based out of Bangalore. Smallcase has raised a total funding of $62M over five rounds; the latest round was a Series C round on August 18, 2021.
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| Year | 2015 |
| Founders | Anugrah Shrivastava, Rohan Gupta, Vasanth Kamath, |
| Funding | $62 M |
| Amount Transacted |
₹12500+ Cr |
| Employees | 200+ |
| Website | smallcase.com |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16218″ img_size=”full”][vc_column_text]Credit Card
One card is a mobile-first credit card company that offers its customers the service of tracking their credit card usage, due dates, and charges. It also enables them to control various aspects of their credit card, such as credit limit, international usage, rewards redemption, and much more. OneCard is the subsidiary company of FPL Technologies. It was founded in 2019 by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi, who have extensive experience in institutional banks. It received Series A funding from QED partners Sequoia Capital and Matrix Partners at a valuation of $720 million.
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| Year | 2019 |
| Founders | Anurag Sinha, Rupesh Kumar, Vibhav Hathi |
| Employees | 51-200 |
| Partnerships | IDFC First Bank, SBM Bank, Federal Bank, BOB Financial, South Indian Bank |
| Website | getonecard.app |
[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_single_image image=”16220″ img_size=”full”][vc_column_text]Neobanking
Headquartered in Bangalore, Karnataka, Zolve is a neo-bank that allows working professionals and students to buy shares of companies listed in the U.S. exchange. It also provides access to U.S. bank accounts and credit cards without requiring a social security number or U.S. credit history. Zolve aims to focus its products on remittance, insurance, and loans in the pipeline. It was founded by Raghunandan G., the founder of TaxiForSure, which was acquired by OLA Cabs. It has raised $55M over two rounds, with the latest Series A funding announced on October 26, 2021. It is currently valued at $210M.
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| Year | 2020 |
| Founders | Raghunandan G |
| Funding | $55 M |
| Employees | 51-200 |
| Products | Credit Card, Account, Student Loan |
| Website | zolve.com |
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