About Decipay
Decipay is a company based in Mumbai (India) founded in 2019.. Decipay has raised $53.08 thousand across 2 funding rounds from investors including BlocPal, Icebreaker Tech and Kamal Mehta. Decipay operates in a competitive market with competitors including Ingenico, POSRocket, PAX Global Technology Limited, India Transact Services and PAX Technology Limited, among others.
- Headquarter Mumbai, India
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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 Decipay Services Private Limited
- Date of Incorporation 13 Jun, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$14.16 K (USD)2506.15as on Mar 31, 2023
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Net Profit
$-5.26 K (USD)76.32as on Mar 31, 2023
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EBITDA
$-16.53 K (USD)42.64as on Mar 31, 2023
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Total Equity Funding
$53.08 K (USD)
in 2 rounds
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Latest Funding Round
$19.91 K (USD), Seed
Jul 19, 2021
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Investors
BlocPal
& 4 more
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Employee Count
Employee Count
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Funding Insights of Decipay
Decipay has successfully raised a total of $53.08K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $19.91 thousand completed in July 2021. 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 2
- Last Round Seed — $19,906
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First Round
First Round
(01 Jul 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Decipay | Valuation | BlocPal |
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| Jul, 2020 | Amount | Seed - Decipay | Valuation | Icebreaker Tech |
| 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 Decipay
Decipay has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include BlocPal, Icebreaker Tech and Kamal Mehta. 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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Early-stage tech companies are invested in by Icebreaker Tech.
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Founded Year | Domain | Location | |
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KM
Kamal Mehta |
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Founded Year | Domain | Location |
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SJ
Sharad Joshi |
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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 Decipay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Decipay
| 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 |
Decipay Comparisons
Competitors of Decipay
Decipay 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 Ingenico, POSRocket, PAX Global Technology Limited, India Transact Services and PAX Technology Limited, 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 |
POS hardware and software solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Cloud-based POS software and hardware are supplied to offline retailers.
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| domain | founded_year | HQ Location |
Electronic payment terminals are supplied for point-of-sale transactions.
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| domain | founded_year | HQ Location |
End-to-end mPoS transaction processing solutions are provided.
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| domain | founded_year | HQ Location |
Electronic payment terminals and software are supplied internationally.
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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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Frequently Asked Questions about Decipay
When was Decipay founded?
Decipay was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Decipay located?
Decipay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Decipay a funded company?
Decipay is a funded company, having raised a total of $53.08K across 2 funding rounds to date. The company's 1st funding round was a Seed of $33.18K, raised on Jul 01, 2020.
What is the annual revenue of Decipay?
Annual revenue of Decipay is $14.16K as on Mar 31, 2023.
What does Decipay do?
Decipay was founded in 2019 in Mumbai, India, as a fintech company focused on payment processing. UPI-based solutions are offered to merchants for accepting payments across multiple channels, including configured devices. Cross-border transactions are facilitated to streamline operations for merchants and consumers. The domain decipay.in supports these services in the financial technology sector.
Who are the top competitors of Decipay?
Decipay's top competitors include Ingenico, India Transact Services and POSRocket.
Who are Decipay's investors?
Decipay has 5 investors. Key investors include BlocPal, Icebreaker Tech, Kamal Mehta, Sharad Joshi, and Atul Chandrashekhar Joshi.
What is Decipay's valuation?
The valuation of Decipay is $51.77K as of Jul 2021.