Aasaanpay

Hyderabad, India Founded: 2011 • Age: 15 yrs Acquired By Suvidhaa
Mobile card payments
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About Aasaanpay

Aasaanpay is a company based in Hyderabad (India) founded in 2011 was acquired by Suvidhaa in September 2015.. Aasaanpay operates in a competitive market with competitors including Ezetap, Presto, Mswipe, ITAB and Innoviti, among others.

  • Headquarter Hyderabad, India
  • Sectors
    Retail
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aasaanpay Solutions India Private Limited
  • Date of Incorporation 25 Sep, 2012
  • Jurisdiction Khairatabad, Telangana, India
Operational Areas
Retail → Retail Technology & Automation
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $75.2 K (USD)
    0
    as on Mar 31, 2015
  • Net Profit
    $9.5 K (USD)
    111.02
    as on Mar 31, 2015
  • EBITDA
    $26.71 K (USD)
    130.96
    as on Mar 31, 2015
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Suvidhaa

    (Sep 15, 2015)

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Funding Insights of Aasaanpay

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aasaanpay

Aasaanpay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Suvidhaa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Tech-enabled financial and e-commerce services are delivered via retail outlets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aasaanpay

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aasaanpay

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aasaanpay Comparisons

Employees
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Competitors of Aasaanpay

Aasaanpay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ezetap, Presto, Mswipe, ITAB and Innoviti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based mPOS software and hardware solutions are provided for businesses.
domain founded_year HQ Location
Drive-through automation solutions for restaurants are provided using AI.
domain founded_year HQ Location
Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
domain founded_year HQ Location
Self-checkout solutions are provided for retail businesses worldwide.
domain founded_year HQ Location
Integrated online and offline payment solutions are provided for businesses.
domain founded_year HQ Location
App-based self-checkout is enabled for offline retail stores.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aasaanpay

Frequently Asked Questions about Aasaanpay

When was Aasaanpay founded?

Aasaanpay was founded in 2011.

Where is Aasaanpay located?

Aasaanpay is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

What is the annual revenue of Aasaanpay?

Annual revenue of Aasaanpay is $75.2K as on Mar 31, 2015.

What does Aasaanpay do?

Aasaanpay was founded in 2011 in Hyderabad, India, within the fintech sector focused on mobile payments. Merchants are equipped to process debit and credit card transactions using a card reader connected to a mobile phones audio jack. Operations involve launching the app, inputting the payment amount, swiping the card, securing a customer signature, and dispatching receipts through email or SMS. Services target small businesses in the Indian market.

Who are the top competitors of Aasaanpay?

Aasaanpay's top competitors include Ezetap, Presto and Mswipe.

Who are Aasaanpay's investors?

Aasaanpay has 1 investor. Key investors include Suvidhaa.

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