Galaxycard

Gurugram, India Founded: 2017 • Age: 9 yrs
Smartphone-linked credit cards are issued for consumer payments.
Annual revenue $108,248 Latest available
Total funding $1.5M 5 rounds
Employees 9 Tracked headcount
Investors 44 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Galaxycard

Galaxycard is a company based in Gurugram (India) founded in 2017 by Gunjeet Singh and Nidhi Mittal. Galaxycard has raised $1.54 million across 5 funding rounds from investors including MTC Group, India Accelerator and ValuD. The company has 9 employees as of April 09, 2024. Galaxycard offers products and services including GalaxyCard App and Instant Credit Service. Galaxycard operates in a competitive market with competitors including Simpl, Snapmint, Postpe, Paytail and RedCarpetUp, among others.

  • Headquarter Gurugram, India
  • Employees 9 as on 09 Apr, 2024
  • Founders Gunjeet Singh, Nidhi Mittal
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Gct Technologies Private Limited
  • Date of Incorporation 17 Jan, 2018
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $108.25 K (USD)
    78.9
    as on Mar 31, 2023
  • Net Profit
    -$505.81 K (USD)
    -7.03
    as on Mar 31, 2023
  • EBITDA
    -$506.27 K (USD)
    -5.16
    as on Mar 31, 2023
  • Total Equity Funding
    $1.54 M (USD)

    in 5 rounds

  • Latest Funding Round
    $856.59 K (USD), Seed

    May 05, 2023

  • Investors
    MTC Group

    & 43 more

  • Employee Count
    9

    as on Apr 09, 2024

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Products & Services of Galaxycard

Galaxycard offers a comprehensive portfolio of products and services, including GalaxyCard App and Instant Credit Service.

Product name locked
Category locked
Primary

App for instant credit limits and secure payments.

Product name locked
Category locked
Locked

Service for quick approvals and fee-free transactions.

People of Galaxycard

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Nikita Singh
Marketing Manager
People
Aakash janghu
Collection Agent
People
Kashish Sharma
Human Resources Executive
People
Megha Jain
Finance Manager

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Funding Insights of Galaxycard

Galaxycard has successfully raised a total of $1.54M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $856.59 thousand completed in May 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.

Investors in Galaxycard

Galaxycard has secured backing from 44 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include MTC Group, India Accelerator and ValuD.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are incubated by the foundation in Mumbai, India.
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Venture debt firm
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Venture capital fund focused on tech startups
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Investor details for Galaxycard

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Galaxycard

Investments
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Investment portfolio details for Galaxycard

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Galaxycard

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Detailed financials for Galaxycard

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Galaxycard Comparisons

Galaxycard Primary company
Description
Smartphone-linked credit cards are issued for consumer payme...
Location
Gurugram, India
Founded Year
2017
Annual Revenue
$108.25 K (USD)
Net Profit
-$505.81 K (USD)
EBITDA
-$506.27 K (USD)
Employees
9
As of 2024
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Peer comparison for Galaxycard

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of Galaxycard

Galaxycard 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 Simpl, Snapmint, Postpe, Paytail and RedCarpetUp, among others.

Company Name Domain Founded year HQ Location Description
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An online platform for purchase financing is provided by Simpl.
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No-credit-card EMI solutions for online purchases are provided.
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App-based platform for point of sale financing
Locked Locked Locked
Finance and e-commerce solutions are enabled via instant EMI loans.
Locked Locked Locked
Short-term credit solutions are offered via an online platform.
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Detailed competitors of Galaxycard

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  • Domains and locations
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Latest news on Galaxycard

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Complete news archive for Galaxycard

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Galaxycard

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

Galaxycard is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Galaxycard is a funded company, having raised a total of $1.54M across 5 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Galaxycard is 9.

Annual revenue of Galaxycard is $108.25K as on Mar 31, 2023.

Galaxycard was founded in 2017 in Gurugram, India, within the fintech sector. Smartphone-linked credit cards are provided to consumers, enabling offline and online payments after registration and credit limit assignment. Reward programs are operated for subscription, allowing points to be earned. The cards are accepted at vendors such as restaurants, spas, salons, and apparel stores. An application is available on the Android platform.

Galaxycard's top competitors include Simpl, Snapmint and Postpe.

Galaxycard offers GalaxyCard App and Instant Credit Service.

Galaxycard has 44 investors. Key investors include MTC Group, India Accelerator, ValuD, Samyakth Capital, and KM Trans Logistics.

The valuation of Galaxycard is $2.74M as of Apr 2021.

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