About GRAMePAY
GRAMePAY is a Financial Services company based in Mumbai (India) founded in 2021 by Laxmi Pawar and Kuldeep Singh. Agent-based payment solutions are offered to banks and financial institutions. GRAMePAY has raised $15.28 thousand across 2 funding rounds from investors including Stpinext and Riidl. Its Indian entity Gram Digital Innovation Services Private Limited reported revenue of ₹9.6 Lakh. GRAMePAY offers products and services including Digital Payments Platform and Financial Literacy Campaigns. Its focus areas include FinTech, Banking Tech, Correspondent Banking and Enablers. Its competitors include Pay Point India, Eko and Bharat Housing Network; 3 of its 3 listed competitors have raised funding.
Company details
GRAMePAY was founded in 2021 in Mumbai, India, within the fintech sector. Agent-based payment solutions are provided to banks and financial institutions, allowing agents to facilitate services including money transfers, bill payments, cash withdrawals, and POS terminal transactions. Operations focus on enabling consumer payment access through distributed networks in the financial services domain.
- Headquarters Mumbai, India
- Founders Laxmi Pawar, Kuldeep Singh
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website gramepay.com
- Social LinkedIn
- Legal Name Ompri Buildcon Private Limited
- Date of Incorporation 29 Jun, 2015
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹9.6 Lakh
FY 2025 · -39% YoY
- Net Loss-₹2.3 Lakh
FY 2025 · -24% margin
- EBITDA-₹1.9 Lakh
FY 2025 · -19% margin
- Total Equity Funding$15.28K (USD)
in 2 rounds
- InvestorsStpinext
& 1 more
Associated legal entities of GRAMePAY
GRAMePAY is associated with 2 registered companies on The Company Check; the primary company is Gram Digital Innovation Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gram Digital Innovation Services Private Limited CIN U62090MH2015PTC266059 | Active | 29 Jun 2015 | Panvel, Maharashtra | ₹0.1 Cr | 2 | View details | |
| Ompri Buildcon Private Limited CIN U72200MH2015PTC266059 | 29 Jun 2015 | Navi Mumbai, Maharashtra, India | View details |
Products & Services of GRAMePAY
GRAMePAY offers a comprehensive portfolio of products and services, including Digital Payments Platform and Financial Literacy Campaigns.
Enables digital transactions for rural banks and merchants in India.
Promotes digital payment adoption through awareness programs.
Funding Insights of GRAMePAY
GRAMePAY has successfully raised a total of $15.28K across 2 strategic funding rounds. 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 $15,278
- Total Rounds 2
- First Round $15,278
(Feb 2023)
- Investors Count 2
All 2 funding rounds of GRAMePAY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in GRAMePAY
GRAMePAY has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Stpinext and Riidl.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| riidl.org | ||||
| stpinext.in |
Investor details for GRAMePAY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Gram Digital Innovation Services Private Limited (GRAMePAY)
Gram Digital Innovation Services Private Limited is the primary company behind GRAMePAY. The board of Gram Digital Innovation Services Private Limited currently have 2 directors; the longest-serving is Jaideep Narayan Pawar, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaideep Narayan Pawar DIN 07221800 | Director | 29 Jun 2015 | 11 yrs 3 mo | Gram Digital Innovation Services Private Limited |
| Pawar Laxmi Jaideep DIN 07224699 | Director | 29 Jun 2015 | 11 yrs 3 mo | Gram Digital Innovation Services Private Limited |
People of GRAMePAY
2 people are tracked at GRAMePAY (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Kuldeep Singh | Founder | Leadership |
Complete people profiles for GRAMePAY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of GRAMePAY
Figures of Gram Digital Innovation Services Private Limited, the primary company behind GRAMePAY, for FY 2025. Revenue was ₹9.6 Lakh (-39% year on year). Net loss was -₹2.3 Lakh (-24% margin). EBITDA was -₹1.9 Lakh (-19% margin). Revenue has grown at a compounded annual rate of -17% over three years.
- ₹9.6 LakhRevenue · FY 2025 · -39% YoY
- -₹2.3 LakhNet loss · -24% margin
- -₹1.9 LakhEBITDA · -19% margin
- ₹13.5 LakhPaid-up capital
- -17%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Gram Digital Innovation Services Private Limited are on its company page.
Detailed financial statements for GRAMePAY
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of GRAMePAY
3 dated milestones of GRAMePAY across 3 years, from founding to its latest funding, stage changes and deals.
- Founded GRAMePAY is founded.
- Funding First funding round of $15K.
- Funding Latest funding round, Seed,.
Competitors of GRAMePAY
GRAMePAY has 3 listed competitors in our database, 3 of them funded. They include Pay Point India, Eko and Bharat Housing Network.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| eko.in | 2006 | Gurugram, India | $12.32M | 36 | Provider of financial service APIs and white-label portal solutions | |
| bharathousingnetwork.com | 2020 | Bengaluru, India | $15.01M | 58 | Provider of co-lending platform connecting housing finance companies with capital and technology. |
Detailed competitors of GRAMePAY
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- Full competitor set
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Web traffic of GRAMePAY
The website of GRAMePAY (gramepay.com) receives about 1.1K visits a month.
- Monthly visits1.1K
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Related news about Gramepay
Complete news archive for GRAMePAY
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Frequently Asked Questions about GRAMePAY
GRAMePAY was founded in 2021 and raised its 1st funding round 2 years after it was founded.
GRAMePAY is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
GRAMePAY is a funded company, having raised a total of $15.28K across 2 funding rounds to date. The company's 1st funding round was a Seed of $15.28K, raised on Feb 2023.
The primary company behind GRAMePAY, Gram Digital Innovation Services Private Limited, reported revenue of ₹9.6 Lakh for FY 2025, down 39% year on year.
GRAMePAY was founded in 2021 in Mumbai, India, within the fintech sector. Agent-based payment solutions are provided to banks and financial institutions, allowing agents to facilitate services including money transfers, bill payments, cash withdrawals, and POS terminal transactions. Operations focus on enabling consumer payment access through distributed networks in the financial services domain.
GRAMePAY's top competitors include Pay Point India, Bharat Housing Network and Eko.
GRAMePAY offers Digital Payments Platform and Financial Literacy Campaigns.
GRAMePAY has 2 investors. Key investors include Stpinext, and Riidl.
GRAMePAY operates through Gram Digital Innovation Services Private Limited.
The legal entities of GRAMePAY currently have 2 directors, including Jaideep Narayan Pawar, Pawar Laxmi Jaideep.