About DailyPe
DailyPe is a Financial Services company based in Surat (India) founded in 2022 by Saurabh Gupta and Shashwat Shrikhande. Online lending marketplace for business financing. DailyPe has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees. Its Indian entity Neofirst Technologies India Private Limited reported revenue of ₹78.5 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Z2P, MicroGraam and p2p Microfinance; 2 of its 3 listed competitors have raised funding.
Company details
DailyPe was founded in 2022 in Surat, India, as an online lending marketplace focused on business financing. Loans are extended for purposes including working capital, merchant cash advances, trade financing, and equipment financing. Repayment options are structured around daily installments to accommodate user needs. Operations are conducted digitally, serving businesses primarily in the Indian market.
- Headquarters Surat, India
- Employees 1
- Founders Saurabh Gupta, Shashwat Shrikhande
- SectorsFinancial Services
- Website dailype.in
- Social LinkedIn X
- Legal Name Neofirst Technologies India Private Limited
- Date of Incorporation 11 Jan, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹78.5 Lakh
FY 2024
- Net Profit₹9 Lakh
FY 2024 · 11% margin
- EBITDA₹14.6 Lakh
FY 2024 · 19% margin
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jun 2023
- Investors
- Employee Count1
Associated legal entities of DailyPe
DailyPe operates through Neofirst Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neofirst Technologies India Private Limited CIN U72200KA2023FTC170246 | Active | 11 Jan 2023 | Bangalore, Karnataka | ₹0.8 Cr | 14 | 2 | View details |
Funding Insights of DailyPe
DailyPe has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2023. 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of DailyPe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $125,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in DailyPe
DailyPe has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for DailyPe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neofirst Technologies India Private Limited (DailyPe)
Neofirst Technologies India Private Limited is the primary company behind DailyPe. The board of Neofirst Technologies India Private Limited currently have 2 directors; the longest-serving is Saurabh Gupta, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saurabh Gupta DIN 09858073 | Director | 11 Jan 2023 | 3 yrs 9 mo | Neofirst Technologies India Private Limited |
| Shashwat Shrikhande DIN 09858052 | Director | 11 Jan 2023 | 3 yrs 9 mo | Neofirst Technologies India Private Limited |
People of DailyPe
2 people are tracked at DailyPe (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for DailyPe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of DailyPe
Figures of Neofirst Technologies India Private Limited, the primary company behind DailyPe, for FY 2024. Revenue was ₹78.5 Lakh. Net profit was ₹9 Lakh (11% margin). EBITDA was ₹14.6 Lakh (19% margin).
- ₹78.5 LakhRevenue · FY 2024
- ₹9 LakhNet profit · 11% margin
- ₹14.6 LakhEBITDA · 19% margin
- ₹10,631Paid-up capital
- 14Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Neofirst Technologies India Private Limited are on its company page.
Detailed financial statements for DailyPe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of DailyPe
2 dated milestones of DailyPe across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DailyPe is founded.
- Funding First funding round of $125K.
Competitors of DailyPe
DailyPe has 3 listed competitors in our database, 2 of them funded. They include Z2P, MicroGraam and p2p Microfinance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| z2p.biz | 2016 | Hyderabad, India | $90,233 | Microloans are facilitated via a P2P lending platform for consumers. | ||
| micrograam.com | 2009 | Bengaluru, India | $859,215 | Microloans are facilitated via a P2P platform for rural borrowers. | ||
| p2pmicrofin.org | 2010 | Pilani, India | 32 | Operates a peer-to-peer microfinance platform. |
Detailed competitors of DailyPe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as DailyPe (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Frequently Asked Questions about DailyPe
DailyPe was founded in 2022 and raised its 1st funding round 1 year after it was founded.
DailyPe is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
DailyPe is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2023.
DailyPe has 1 employees.
The primary company behind DailyPe, Neofirst Technologies India Private Limited, reported revenue of ₹78.5 Lakh for FY 2024.
DailyPe was founded in 2022 in Surat, India, as an online lending marketplace focused on business financing. Loans are extended for purposes including working capital, merchant cash advances, trade financing, and equipment financing. Repayment options are structured around daily installments to accommodate user needs. Operations are conducted digitally, serving businesses primarily in the Indian market.
DailyPe's top competitors include Z2P, MicroGraam and p2p Microfinance.
DailyPe has 1 investor. Key investors include Y Combinator.
DailyPe operates through Neofirst Technologies India Private Limited.
The legal entities of DailyPe currently have 2 directors, including Saurabh Gupta, Shashwat Shrikhande.