About BizPay
BizPay is a company based in Navi Mumbai (India) founded in 2021 by Mikdad Merchant. It operates as a SaaS (Software-as-a-Service), and FinTech. The company has 1 employees as of April 07, 2024. BizPay offers products and services including BizPay Expense Management Software, Corporate Prepaid Cards, and UPI Enabled Wallet. BizPay operates in a competitive market with competitors including Zaggle, Sodexo, Karbon, Jeeves and Happay, among others.
- Headquarter Navi Mumbai, India
- Employees 1 as on 07 Apr, 2024
- Founders Mikdad Merchant
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Sectors
TechnologyTravel & Hospitality 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 Inscite Fintech Solutions Private Limited
- Date of Incorporation 11 Sep, 2021
- Jurisdiction Navimumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-1.06 K (USD)0as on Mar 31, 2022
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EBITDA
$-1.06 K (USD)0as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
1
as on Apr 07, 2024
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Products & Services of BizPay
BizPay offers a comprehensive portfolio of products and services, including BizPay Expense Management Software, Corporate Prepaid Cards, and UPI Enabled Wallet. 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.
Expense management software for businesses is provided by BizPay.
Corporate prepaid cards for businesses are offered by BizPay.
UPI enabled digital wallets are provided for business transactions.
Funding Insights of BizPay
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2023 | Amount | Seed - BizPay | Valuation | Inflection Point Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BizPay
BizPay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IP Ventures. 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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Investments are made in early-stage tech startups across sectors.
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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 BizPay
| 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 - BizPay
| 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 |
Bizpay Comparisons
Competitors of BizPay
BizPay 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 Zaggle, Sodexo, Karbon, Jeeves and Happay, 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 |
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| domain | founded_year | HQ Location |
Business spends, payments, and rewards are streamlined by automated workflows.
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| domain | founded_year | HQ Location |
Employee benefits payment cards are provided via an online platform.
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| domain | founded_year | HQ Location |
International payment and corporate expense solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Payment and corporate financial cards are provided digitally by Jeeves.
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| domain | founded_year | HQ Location |
Expense management software and corporate cards are offered to businesses.
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| domain | founded_year | HQ Location |
Provider of a platform for business spend management and payment solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Bizpay
Frequently Asked Questions about BizPay
When was BizPay founded?
BizPay was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is BizPay located?
BizPay is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Who is the current CEO of BizPay?
Mikdad Merchant is the current CEO of BizPay. They have also founded this company.
How many employees does BizPay have?
As of Apr 07, 2024, the latest employee count at BizPay is 1.
What does BizPay do?
BizPay is established as a provider of next-generation digital wallet and expense management software solutions for businesses. Services are offered across various sectors including construction, logistics, retail, and non-profits. Comprehensive tools for expense tracking, corporate prepaid cards, and UPI-enabled wallets are provided. Budget control, real-time analytics, and seamless integration with enterprise systems are facilitated to streamline corporate spending. Automation and customization of expense management processes are supported to enhance efficiency for diverse business needs.
What products or services does BizPay offer?
BizPay offers BizPay Expense Management Software, Corporate Prepaid Cards, and UPI Enabled Wallet.
Who are BizPay's investors?
BizPay has 1 investor. Key investors include IP Ventures.