About Changepay
Changepay is a company based in Tumakuru (India) founded in 2019 by Sanchit Garg and Dhyvik G J. Changepay has raised $159.21 thousand across 3 funding rounds from investors including Axilor Ventures, Ravi Kumar H C and Harsha Medigeshi. Changepay operates in a competitive market with competitors including QikPod, Podrones, Dropvault, XOBOX and Altro Smart, among others.
- Headquarter Tumakuru, India
- Founders Sanchit Garg, Dhyvik G J
- Stage Minicorn
-
Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
- Legal Name Changepay Mms Technologies Private Limited
- Date of Incorporation 19 Jul, 2016
- Jurisdiction Tumkur, Karnataka, India
-
Annual Revenue
$12.1 (USD)0as on Mar 31, 2022
-
Net Profit
-$16.62 K (USD)62.1as on Mar 31, 2022
-
EBITDA
-$5.91 K (USD)81.24as on Mar 31, 2022
-
Total Equity Funding
$159.21 K (USD)
in 3 rounds
-
Latest Funding Round
$101.41 K (USD), Angel Round
May 15, 2020
-
Investors
Axilor Ventures
& 5 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Changepay
Changepay has successfully raised a total of $159.21K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $101.41 thousand completed in May 2020. 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.
Investors in Changepay
Changepay has secured backing from 6 investors, including angel and venture fund investors. Prominent investors backing the company include Axilor Ventures, Ravi Kumar H C and Harsha Medigeshi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in early-stage startups in technology sectors.
|
Locked | Locked | Locked | |
|
RK
Ravi Kumar H C |
-
|
Locked | Locked | Locked |
|
HM
Harsha Medigeshi |
-
|
Locked | Locked | Locked |
Investor details for Changepay
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Changepay
Investment portfolio details for Changepay
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Changepay
Detailed financials for Changepay
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Changepay Comparisons
Peer comparison for Changepay
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Changepay
Changepay 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 QikPod, Podrones, Dropvault, XOBOX and Altro Smart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Intelligent IoT locker networks are operated for e-commerce deliveries.
|
|
| Locked | Locked | Locked |
Electronic locker systems are developed for last-mile logistics delivery.
|
|
| Locked | Locked | Locked |
Delivers smart packaging solutions designed for e-commerce businesses.
|
|
| Locked | Locked | Locked |
Platform for managing gig workers in last-mile delivery via AI matching and verification.
|
|
| Locked | Locked | Locked |
Produces high-quality smart lock systems.
|
Detailed competitors of Changepay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Changepay
Complete news archive for Changepay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Changepay
Changepay was founded in 2019.
Changepay is headquartered in Tumakuru, India. It is registered at Tumakuru, Karnataka, India.
Dhyvik G J is the current CEO of Changepay. They have also founded this company.
Changepay is a funded company, having raised a total of $159.21K across 3 funding rounds to date.
Annual revenue of Changepay is $12.1 as on Mar 31, 2022.
Changepay was founded in 2019 in Tumakuru, India, as a provider of integrated local commerce solutions for college campuses. Services such as food ordering and item procurement are combined through a mobile application and IoT-enabled lockbox. Delivery activities are restricted to designated areas by hostel administrations, while loyalty-based discounts are extended to students. Operations focus on enhancing campus commerce efficiency in the education sector.
Changepay's top competitors include QikPod, Podrones and Altro Smart.
Changepay has 6 investors. Key investors include Axilor Ventures, Ravi Kumar H C, Harsha Medigeshi, Sachidananda Bhat, and Anup Pai.
The valuation of Changepay is $1.43M as of May 2020.