About AyushPay
AyushPay is a company based in Delhi (India) founded in 2021 by Hemraj Singh Parmar, Nimith Agrawal, and Vivek Kapoor. It operates as a FinTech. AyushPay has raised $2.16 million across 6 funding rounds from investors including Angel List, We Founder Circle and Invstt. The company has 22 employees as of April 05, 2024. AyushPay offers products and services including Zero Cost Medical Loans and AyushPay Platinum Plan. AyushPay operates in a competitive market with competitors including GMoney, CarePal Group, Arogya Finance, Uno Finance and ManipalCigna Health Insurance, among others.
- Headquarter Delhi, India
- Employees 22 as on 05 Apr, 2024
- Founders Hemraj Singh Parmar, Nimith Agrawal, Vivek Kapoor
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Nikunj Healthcare Technologies Private Limited
- Date of Incorporation 05 Apr, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$100.26 K (USD)-71.22as on Mar 31, 2023
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Net Profit
$-361.68 K (USD)-1499.19as on Mar 31, 2023
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EBITDA
$-438.8 K (USD)-1264.28as on Mar 31, 2023
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Total Equity Funding
$2.16 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Angel List
& 31 more
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Employee Count
22
as on Apr 05, 2024
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Products & Services of AyushPay
AyushPay offers a comprehensive portfolio of products and services, including Zero Cost Medical Loans and AyushPay Platinum Plan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Immediate healthcare access is provided without financial stress.
Comprehensive health protection is offered with diagnostic coverage.
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Leadership Team
2 people
Head Team
1 people
Insurance Team
1 people
Co Team
1 people
Sales and Marketing
1 people
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Funding Insights of AyushPay
AyushPay has successfully raised a total of $2.16M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(04 May 2021)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - AyushPay | Valuation |
investors |
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| Jan, 2025 | Amount | Seed - AyushPay | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - AyushPay | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AyushPay
AyushPay has secured backing from 32 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, We Founder Circle and Invstt. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investment in early-stage startups and global community support.
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Founded Year | Domain | Location | |
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Startups are matched with investors via an online investment platform.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies and real estate firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AyushPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AyushPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ayushpay Comparisons
Competitors of AyushPay
AyushPay 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 GMoney, CarePal Group, Arogya Finance, Uno Finance and ManipalCigna Health Insurance, 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 |
Financial services for healthcare providers and patients are offered.
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| domain | founded_year | HQ Location |
Healthcare financing is integrated via crowdfunding, lending, and assurance marketplaces.
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| domain | founded_year | HQ Location |
Medical loans are extended to unbankable individuals and families.
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| domain | founded_year | HQ Location |
Healthcare loans are provided via an online marketplace for patients.
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| domain | founded_year | HQ Location |
An online platform for customized health insurance policies is provided.
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| domain | founded_year | HQ Location |
Online platform offering financial services for women
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ayushpay
Frequently Asked Questions about AyushPay
When was AyushPay founded?
AyushPay was founded in 2021.
Where is AyushPay located?
AyushPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of AyushPay?
Nimith Agrawal is the current CEO of AyushPay. They have also founded this company.
Is AyushPay a funded company?
AyushPay is a funded company, having raised a total of $2.16M across 6 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on May 04, 2021.
How many employees does AyushPay have?
As of Apr 05, 2024, the latest employee count at AyushPay is 22.
What is the annual revenue of AyushPay?
Annual revenue of AyushPay is $100.26K as on Mar 31, 2023.
What does AyushPay do?
Healthcare financing solutions are offered by AyushPay across India. Immediate access to medical services is facilitated through zero-cost loans. A wide network of over 10,000 hospitals is covered for reliable care. Secure and fast approval processes are implemented to ensure a trustworthy experience. Various health plans, including the AyushPay Platinum plan, are provided for comprehensive protection.
Who are the top competitors of AyushPay?
AyushPay's top competitors include CarePal Group, GMoney and ManipalCigna Health Insurance.
What products or services does AyushPay offer?
AyushPay offers Zero Cost Medical Loans and AyushPay Platinum Plan.
Who are AyushPay's investors?
AyushPay has 32 investors. Key investors include Angel List, We Founder Circle, Invstt, Pentathlon Ventures, and Pankaj Gupta.
What is AyushPay's valuation?
The valuation of AyushPay is $17.65M as of Mar 2023.
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