About Galaxycard
Galaxycard is a Financial Services company based in Gurugram (India) founded in 2017 by Gunjeet Singh and Nidhi Mittal. Smartphone-linked credit cards are issued for consumer payments. Galaxycard has raised $1.54 million across 5 funding rounds from investors including MTC Group, India Accelerator and ValuD. The company has 9 employees. Galaxycard was last valued at $2.74 million in April 2021. Its Indian entity Gct Technologies Private Limited reported revenue of ₹76.7 Lakh. Galaxycard offers products and services including GalaxyCard App and Instant Credit Service. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Simpl, Snapmint and Postpe; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 9
- Founders Gunjeet Singh, Nidhi Mittal
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website galaxycard.in
- Social LinkedIn X Facebook
- Legal Name Gct Technologies Private Limited
- Date of Incorporation 17 Jan, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹76.7 Lakh
FY 2024 · -15% YoY
- Net Loss-₹1.95 Cr
FY 2024 · -254% margin
- EBITDA-₹1.87 Cr
FY 2024 · -244% margin
- Total Equity Funding$1.54M (USD)
in 5 rounds
- Latest Funding Round$856.59K (USD), Seed
May 2023
- InvestorsMTC Group
& 43 more
- Employee Count9
Associated legal entities of Galaxycard
Galaxycard operates through Gct Technologies 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 |
|---|---|---|---|---|---|---|---|
| Gct Technologies Private Limited CIN U72900DL2018PTC328654 | Active | 17 Jan 2018 | New Delhi, Delhi | ₹0.8 Cr | 9 | 2 | View details |
Products & Services of Galaxycard
Galaxycard offers a comprehensive portfolio of products and services, including GalaxyCard App and Instant Credit Service.
App for instant credit limits and secure payments.
Service for quick approvals and fee-free transactions.
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.
- Total Funding $1.54M
- Total Rounds 5
- Last Round Seed — $856,590
- First Round $14,583
(Aug 2018)
- Investors Count 44
All 5 funding rounds of Galaxycard 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 |
|---|---|---|---|---|---|
| May 2023 | $856,590 | Seed | – | Radha Madhav Trust | – |
| Dec 2022 | $145,020 | Seed | – | ValuD | |
| Apr 2021 | $450,000 | Angel Round | $2.74M | JITO Incubation & Innovation Foundation | |
| Nov 2020 | $71,059 | Seed | $505,532 | Gopinath Latpate | |
| Aug 2018 | $14,583 | Seed | $••••• | India Accelerator | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $2.74M | •••••••• |
Last known valuation $2.74M (Apr 2021). 44 investors in total: 17 institutional and 27 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
Venture debt firm | 2017 | samyakthcapital.com | Mumbai, India | |
Venture capital fund focused on tech startups | Kolkata, India | |||
Seed investments are provided to tech startups through venture capital. | Bengaluru, India | |||
Private equity firm focused on multiple sectors | ||||
Early-stage companies and SMEs are invested in by Eaglewings Ventures. | eaglewings.vc | Mumbai, India | ||
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
| radhamadhavtrust.org | ||||
Diversified conglomerate specializing in equity investments, manufacturing, and upscale food services. | 2019 | viney.co.in | Delhi, India | |
Wholesaler of variety of goods | Kolkata, India |
Investor details for Galaxycard
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 Gct Technologies Private Limited (Galaxycard)
Gct Technologies Private Limited is the primary company behind Galaxycard. The board of Gct Technologies Private Limited currently have 2 directors; the longest-serving is Amit Kumar, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Kumar DIN 06496475 | Director | 17 Jan 2018 | 8 yrs 9 mo | Gct Technologies Private Limited |
| Hemant Kumar Gupta DIN 10126370 | Director | 05 Dec 2022 | 3 yrs 11 mo | Gct Technologies Private Limited |
People of Galaxycard
14 people are tracked at Galaxycard (3 in leadership, 11 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Founder | Leadership | |
Nikita Singh | Marketing Manager | Team |
Aakash janghu | Collection Agent | Team |
Kashish Sharma | Human Resources Executive | Team |
Megha Jain | Finance Manager | Team |
Sakshi Jinsi | Credit Analyst | Team |
Deepak Singh | Software Engineer | Team |
Sonam Singh | Collection Executive | Team |
Krishna Sharma | Customer Success Executive | Team |
Anuj Thakur | Collections Representative | Team |
Prashant thakur | Collections Representative | Team |
Jatin Tyagi | Collections Specialist | Team |
Complete people profiles for Galaxycard
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 Galaxycard
Figures of Gct Technologies Private Limited, the primary company behind Galaxycard, for FY 2024. Revenue was ₹76.7 Lakh (-15% year on year). Net loss was -₹1.95 Cr (-254% margin). EBITDA was -₹1.87 Cr (-244% margin). Revenue has grown at a compounded annual rate of +35% over three years and +59% over five years.
- ₹76.7 LakhRevenue · FY 2024 · -15% YoY
- -₹1.95 CrNet loss · -254% margin
- -₹1.87 CrEBITDA · -244% margin
- ₹35,589Paid-up capital
- 9Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gct Technologies Private Limited are on its company page.
Detailed financial statements for Galaxycard
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 Galaxycard
4 dated milestones of Galaxycard across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Galaxycard is founded.
- Funding First funding round of $15K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $857K.
Competitors of Galaxycard
Galaxycard has 3 listed competitors in our database, 2 of them funded. They include Simpl, Snapmint and Postpe.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getsimpl.com | 2015 | Bengaluru, India | $47.47M | 144 | An online platform for purchase financing is provided by Simpl. | |
| snapmint.com | 2015 | Mumbai, India | $179.98M | 217 | No-credit-card EMI solutions for online purchases are provided. | |
| postpe.app | 2021 | Gurugram, India | 305 | App-based platform for point of sale financing |
Detailed competitors of Galaxycard
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.
Web traffic of Galaxycard
The website of Galaxycard (galaxycard.in) receives about 6.5K visits a month.
- Monthly visits6.5K
▼ 29.5% vs previous month
Websites whose visitors overlap most with Galaxycard. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mybeautyparlour.com | 100% | #7,714,220 | View details | ||
| konkanindustrialpublications.com | 75% | #855,631 | View details |
Top companies in Alternative Lending
3 companies that operate in the same segment as Galaxycard (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 185.7 M | 2,787 |
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Related news about Galaxycard
Complete news archive for Galaxycard
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Articles about Galaxycard on our blog
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. The company's 1st funding round was a Seed of $14.58K, raised on Aug 2018.
Galaxycard has 9 employees.
The primary company behind Galaxycard, Gct Technologies Private Limited, reported revenue of ₹76.7 Lakh for FY 2024, down 15% year on year.
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 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.
Galaxycard operates through Gct Technologies Private Limited.
The legal entities of Galaxycard currently have 2 directors, including Amit Kumar, Hemant Kumar Gupta.