About Ezetap
Ezetap is a Retail company based in Bengaluru (India) founded in 2011 by Shripati Acharya, and was acquired by Razorpay in August 2022. Cloud-based mPOS software and hardware solutions are provided for businesses. It operates in the Retail and Financial Services sectors. Ezetap has raised $66.4 million across 7 funding rounds from investors including Razorpay, Social Capital and ValueLabs. The company has 529 employees. Ezetap has completed 2 acquisitions, including Clink and FortunePay. Ezetap was last valued at $145.07 million in June 2021. Its website ezetap.com draws about 709 thousand monthly visits. Its Indian entity Ezetap Mobile Solutions Private Limited reported revenue of ₹141 Cr. Ezetap offers products and services including POS Machine, mPOS App, and Payment SDKs. Its focus areas include In Store Retail Tech, POS, FinTech and Payments.
Company details
Ezetap was founded in 2011 in Bengaluru, India, within the fintech sector. Cloud-based mobile point-of-sale software and hardware are offered to support business operations. Features encompass accounts management, marketing tools, customer relationship management, reporting, and analytics. API integrations are enabled for online platforms to process transactions. Notable clients include Myntra, BookMyShow, BigBasket, Ola, and RedBus.
- Headquarters Bengaluru, India
- Employees 529
- Founders Shripati Acharya
- Stage Acquired
- SectorsRetailFinancial Services
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website corp.ezetap.com
- Social LinkedIn X Facebook YouTube
- Acquired by Razorpay (Aug 2022)
- Legal Name Ezetap Mobile Solutions Private Limited
- Date of Incorporation 05 Aug, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹141 Cr
FY 2024 · -10% YoY
- Net Loss-₹71.75 Cr
FY 2024 · -51% margin
- EBITDA-₹63.45 Cr
FY 2024 · -45% margin
- Total Equity Funding$66.4M (USD)
in 7 rounds
- Latest Funding Round$5.09M (USD), Series C
Jun 2021
- InvestorsRazorpay
& 27 more
- Employee Count529
- Investments & AcquisitionsClink
& 1 more
- Acquired byRazorpay
(Aug 2022)
Associated legal entities of Ezetap
Ezetap operates through Ezetap Mobile Solutions Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ezetap Mobile Solutions Private Limited CIN U64203KA2011PTC059891 | Amalgamated | 05 Aug 2011 | Bangalore, Karnataka | ₹141 Cr | 529 | 2 | View details |
Products & Services of Ezetap
Ezetap offers a comprehensive portfolio of products and services, including POS Machine, mPOS App, and Payment SDKs.
Device for accepting merchant payments via cards and digital methods
App for contactless payments using QR codes and UPI
Software for seamless payment integration into business systems
Apps and channels of Ezetap
its YouTube channel Ezetap by Razorpay has 2.7K subscribers and 30 videos.
Videos from Ezetap
The most watched videos on Ezetap's YouTube channel, Ezetap by Razorpay (2.7K subscribers). Click a video to play it here.
More on Ezetap by Razorpay.
Funding Insights of Ezetap
Ezetap has successfully raised a total of $66.4M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $5.09 million completed in June 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 $66.4M
- Total Rounds 7
- Last Round Series C — $5.09M
- First Round $3.51M
(Aug 2012)
- Investors Count 27
All 7 funding rounds of Ezetap 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 2021 | $5.09M | Series C | $145.07M | Social Capital | |
| Feb 2019 | $4M | Angel Round | $124.67M | Joe Hirao | – |
| May 2017 | $22.3M | Series C | $••••• | JSCapital | |
| Jul 2015 | $23.5M | Series C | $••••• | Social Capital | |
| Mar 2014 | Series B | – | American Express Ventures | – | |
| Feb 2014 | $8M | Series B | $••••• | Helion Venture Partners | |
| Aug 2012 | $3.51M | Series A | $••••• | Social Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $145.07M | •••••••• |
| Feb 2019 | $124.67M | •••••••• |
| May 2017 | $••••• | •••••••• |
| Jul 2015 | $••••• | •••••••• |
| Feb 2014 | $••••• | •••••••• |
| Aug 2012 | $••••• | •••••••• |
Full valuation and stage history of Ezetap
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $145.07M (Jun 2021). 28 investors in total: 17 institutional and 11 angel.
Investors in Ezetap
Ezetap has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Razorpay, Social Capital and ValueLabs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm investing in seed & growth stage companies | 2011 | socialcapital.com | Menlo Park, United States | |
Horizons Ventures is focused on investing in deep science and technology. | horizonsventures.com | Hong Kong, China | ||
Early to late-stage venture capital is invested in Indian sectors. | helionvc.com | Gurugram, India | ||
Venture capital fund focused on fintech and multiple sectors | ||||
Investments in private equity, real estate, and alternative energy across continents. | 2001 | berggruenholdings.com | Los Angeles, United States | |
Venture capital investments are directed toward multiple sectors. | americanexpress.com/us/business/american-express-ventures | New York, United States | ||
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Buyouts are targeted by Rivendell Partners in private equity investments. | rivendellpartners.com | Hong Kong, China | ||
Investment bank & advisory firm | jscapital.vc | Tel Aviv, Israel | ||
Sustainable investment solutions are provided by Capricorn Investment Group. | capricornllc.com | Palo Alto, United States |
Investor details for Ezetap
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 Ezetap Mobile Solutions Private Limited (Ezetap)
Ezetap Mobile Solutions Private Limited is the primary company behind Ezetap. The board of Ezetap Mobile Solutions Private Limited currently have 2 directors; the longest-serving is Harshil Mathur, appointed in 2022. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harshil Mathur DIN 06549915 | Director | 08 Aug 2022 | 4 yrs 2 mo | Ezetap Mobile Solutions Private Limited |
| Kanu Bagga DIN 01964514 | Additional Director | 06 Jan 2025 | 1 yr 10 mo | Ezetap Mobile Solutions Private Limited |
People of Ezetap
15 people are tracked at Ezetap (10 in leadership, 5 in board & advisors); the tracked headcount is 529.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Byas Nambisan | CEO & Founding Member | Leadership |
Puneeth Upadhyaya | VP Finance, Risk & Legal | Leadership |
Samir Agarwal | VP, Software Engineering | Leadership |
Bhaskar Chatterjee | VP, Product Management | Leadership |
Arjun Ramesh | Country Head, UAE & Founding Member | Leadership |
Vineet Suneja | Chief Revenue Officer | Leadership |
Tamal Das | VP, Customer Solutions & Founding Member | Leadership |
Subhash Harishchandra Sumithra | Head Of Product & Gtm, | Leadership |
Sphoorti Kumar | Senior Director of Talent & Culture | Leadership |
Bhaktha Keshavachar | Co-Founder & Board Member | Board & advisors |
Ashish Gupta | Board Member | Board & advisors |
Chamath Palihapitiya | Board Member | Board & advisors |
Sanjay Swamy | Board Member | Board & advisors |
Salil Seshadri | Board Member | Board & advisors |
Complete people profiles for Ezetap
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 Ezetap
Figures of Ezetap Mobile Solutions Private Limited, the primary company behind Ezetap, for FY 2024. Revenue was ₹141 Cr (-10% year on year). Net loss was -₹71.75 Cr (-51% margin). EBITDA was -₹63.45 Cr (-45% margin). Revenue has grown at a compounded annual rate of +17% over three years and +24% over five years.
- ₹141 CrRevenue · FY 2024 · -10% YoY
- -₹71.75 CrNet loss · -51% margin
- -₹63.45 CrEBITDA · -45% margin
- ₹1.55 CrPaid-up capital
- 529Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ezetap Mobile Solutions Private Limited are on its company page.
Detailed financial statements for Ezetap
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.
Investments & Acquisitions by Ezetap
Ezetap has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Clink and FortunePay.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electronic payments are processed for businesses and acquiring banks. | fortunepay.in | Bengaluru, India | 2011 | Jun 2017 | •••• | |
Card-linked marketing platform is provided for retailer loyalty programs. | clinknow.com | Hyderabad, India | 2013 | Jun 2014 | •••• |
Complete acquisition details for Ezetap
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ezetap
7 dated milestones of Ezetap across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Ezetap is founded.
- Funding First funding round of $3.5M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Clink.
- Acquisition Acquires FortunePay.
- Funding Latest funding round, Series C, of $5.1M.
- Exit Acquired by Razorpay.
Web traffic of Ezetap
The website of Ezetap (ezetap.com) receives about 708.6K visits a month and ranks #66,922 among all websites worldwide, #4,221 in Finance.
- Monthly visits708.6K
▼ 7.7% vs previous month
- Unique visitors409.9K
per month
- Global rank#66,922
among all websites
- Category rank#4,221
Finance · Finance
- Bounce rate44%
- Pages per visit3.2
- Average visit1 min 14 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with Ezetap. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| goswiff.com | 100% | View details | |||
techcircle.vccircle.com | techcircle.vccircle.com | 100% | – | ||
| tracxn.com | 100% | 2.9M | #16,597 | View details | |
technologypartner.visa.com | technologypartner.visa.com | 61% | – | ||
secure.ventureinfotek.com | secure.ventureinfotek.com | 60% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Ezetap
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Ezetap (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | ||
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Platform powering online and in-store retail operations using AI-driven tools | 2012 | Mumbai, Maharashtra, India | USD 16.02 M | USD 43.86 M | 851 |
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Related news about Ezetap
Complete news archive for Ezetap
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Frequently Asked Questions about Ezetap
Ezetap was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Ezetap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ezetap is a funded company, having raised a total of $66.4M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3.51M, raised on Aug 2012.
Ezetap has 529 employees.
The primary company behind Ezetap, Ezetap Mobile Solutions Private Limited, reported revenue of ₹141 Cr for FY 2024, down 10% year on year.
Ezetap was founded in 2011 in Bengaluru, India, within the fintech sector. Cloud-based mobile point-of-sale software and hardware are offered to support business operations. Features encompass accounts management, marketing tools, customer relationship management, reporting, and analytics. API integrations are enabled for online platforms to process transactions. Notable clients include Myntra, BookMyShow, BigBasket, Ola, and RedBus.
Ezetap offers POS Machine, mPOS App, and Payment SDKs.
Ezetap has made 2 acquisitions, including Clink, and FortunePay.
Ezetap has 28 investors. Key investors include Razorpay, Social Capital, ValueLabs, Berggruen Holdings, and Marvel Gold.
The valuation of Ezetap is $145.07M as of Jun 2021.
Ezetap operates through Ezetap Mobile Solutions Private Limited.
Yes. Ezetap was acquired by Razorpay in August 2022.