DazzlePay

Mumbai, India Founded: 2017 • Age: 9 yrs
Merchant banking solutions are offered to banks and retailers.
Annual revenue $4,706 Latest available
Total funding $56,534 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About DazzlePay

DazzlePay is a company based in Mumbai (India) founded in 2017 by Deepak Bhutra and Aditya Agarwal. DazzlePay has raised $56.53 thousand across 1 funding round from investors including SR Consultancy and Naveen Singh. DazzlePay operates in a competitive market with competitors including REPAY, Infibeam Avenues, Clearhaus, Mylapay and DataMesh Group, among others.

  • Headquarter Mumbai, India
  • Founders Deepak Bhutra, Aditya Agarwal
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Dazzlepay Payment Processing Private Limited
  • Date of Incorporation 19 Jul, 2017
  • Jurisdiction Navi Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.71 K (USD)
    -79.68
    as on Mar 31, 2022
  • Net Profit
    -$6.01 K (USD)
    -207.08
    as on Mar 31, 2022
  • EBITDA
    -$8.71 K (USD)
    39.08
    as on Mar 31, 2022
  • Total Equity Funding
    $56.53 K (USD)

    in 1 rounds

  • Latest Funding Round
    $56.53 K (USD), Seed

    Mar 30, 2018

  • Investors
  • Employee Count
    Not available
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Funding Insights of DazzlePay

DazzlePay has successfully raised a total of $56.53K through 1 strategic funding round. The most recent funding activity was a Seed round of $56.53 thousand completed in March 2018. 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 DazzlePay

DazzlePay has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include SR Consultancy and Naveen Singh.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Delivers integrated solutions for electrical, security, and housekeeping services.
Locked Locked Locked

Naveen Singh

Co-founder of Rocketium, active angel investor in Indian startups
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Investor details for DazzlePay

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Investments & Acquisitions by DazzlePay

Investments
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Investment portfolio details for DazzlePay

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Financial Statements - DazzlePay

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Detailed financials for DazzlePay

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Dazzlepay Comparisons

DazzlePay Primary company
Description
Merchant banking solutions are offered to banks and retailer...
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$4.71 K (USD)
Net Profit
-$6.01 K (USD)
EBITDA
-$8.71 K (USD)
Employees
Not available
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Peer comparison for DazzlePay

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Competitors of DazzlePay

DazzlePay 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 REPAY, Infibeam Avenues, Clearhaus, Mylapay and DataMesh Group, among others.

Company Name Domain Founded year HQ Location Description
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Merchant acquiring solutions are provided for businesses to process payments.
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Digital payment solutions and enterprise software platforms are provided.
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Merchant acquiring solutions are offered for payment processing needs.
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Provider of payment processing and risk management solutions
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Payment processing solutions are delivered to Australian merchants and retailers.
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Merchant acquirer payment processing solutions for businesses
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Detailed competitors of DazzlePay

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Latest news on Dazzlepay

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Complete news archive for DazzlePay

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Frequently Asked Questions about DazzlePay

DazzlePay was founded in 2017 and raised its 1st funding round 1 year after it was founded.

DazzlePay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

DazzlePay is a funded company, having raised a total of $56.53K across 1 funding round to date.

Annual revenue of DazzlePay is $4.71K as on Mar 31, 2022.

DazzlePay was founded in 2017 and is based in Mumbai, India. Merchant banking solutions are provided to banks, financial institutions, and retailers within the fintech sector. Services include payment gateways, prepaid card issuance, and white-label wallets. Online and offline payments from customers are enabled for banks through these offerings. Operations focus on facilitating secure transaction processing across various channels.

DazzlePay's top competitors include REPAY, Infibeam Avenues and Clearhaus.

DazzlePay has 2 investors. Key investors include SR Consultancy, and Naveen Singh.

The valuation of DazzlePay is $355.74K as of Mar 2018.

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