About Hypto
Hypto is a Financial Services company based in Chennai (India) founded in 2018 by Tholkappiyan Velavan. Tech infrastructure is provided to developers for financial innovations. Hypto has raised $3.05 million across 1 funding round from investors including 3one4 Capital, Stellaris Venture Partners and S Thiruambalam. The company has 17 employees. Hypto was last valued at $11.33 million in June 2021. Its Indian entity Wunderbaked Technologies Private Limited reported revenue of ₹1.40 Cr. Hypto offers products and services including Payouts Stack, Collections Stack, and UPI Stack. Its focus areas include FinTech, Payments, Enablers and Open Banking APIs. Its competitors include M2P Fintech, Falcon and NeoKred; 3 of its 3 listed competitors have raised funding.
Company details
Hypto was founded in 2018 in Chennai, India, and operates in the fintech sector. Technological infrastructure is supplied to developers, enabling new financial applications. Finance is broken down into basic components, so market insights can be implemented without managing underlying systems. The technology stack connecting banks, institutions, and customers is separated into core elements. Legacy system constraints are addressed, supporting the development of modern financial tools.
- Headquarters Chennai, India
- Employees 17
- Founders Tholkappiyan Velavan
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website hypto.in
- Social LinkedIn X
- Legal Name Wunderbaked Technologies Private Limited
- Date of Incorporation 30 Jun, 2018
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.40 Cr
FY 2024 · -86% YoY
- Net Loss-₹3.41 Cr
FY 2024 · -243% margin
- EBITDA-₹3.34 Cr
FY 2024 · -238% margin
- Total Equity Funding$3.05M (USD)
in 1 rounds
- Latest Funding Round$3.05M (USD), Seed
Jun 2021
- Investors3one4 Capital
& 12 more
- Employee Count17
Associated legal entities of Hypto
Hypto operates through Wunderbaked 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 |
|---|---|---|---|---|---|---|---|
| Wunderbaked Technologies Private Limited CIN U72100TN2018PTC123483 | Active | 30 Jun 2018 | Chennai, Tamil Nadu | ₹1.4 Cr | 17 | 2 | View details |
Products & Services of Hypto
Hypto offers a comprehensive portfolio of products and services, including Payouts Stack, Collections Stack, and UPI Stack.
API for initiating fund transfers via IMPS, NEFT, and UPI.
API for creating virtual accounts and receiving transaction alerts.
API for issuing UPI IDs and processing UPI payments.
Funding Insights of Hypto
Hypto has successfully raised a total of $3.05M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.05 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 $3.05M
- Total Rounds 1
- Last Round Seed — $3.05M
- First Round $3.05M
(Jun 2021)
- Investors Count 13
All 1 funding rounds of Hypto 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 | $3.05M | Seed | $11.33M | S Thiruambalam, Stellaris Venture Partners |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $11.33M | •••••••• |
Last known valuation $11.33M (Jun 2021). 13 investors in total: 4 institutional and 9 angel.
Investors in Hypto
Hypto has secured backing from 13 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include 3one4 Capital, Stellaris Venture Partners and S Thiruambalam.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Pre-seed and seed B2B SaaS investments are targeted by CORE91.VC. | core91.vc | Mumbai, India | ||
ST S Thiruambalam | unknown_7b85b5741bef4eeba | |||
JG Jitendra Gupta | Founder of Jupiter, ex-Citrus Pay, prominent fintech angel investor | unknown_e21f94ffabdf42379 | ||
SN Shweta N Honagudi | unknown_c1d6c8de59af4d10a | |||
SR Saurabh R Bhatnagar | unknown_20776586a9d240998 | |||
BA Bairavarasu Amrish Rau | unknown_eafacc35e23f4429a | |||
SV Sujay Vasudevan | unknown_e13134ece4f647659 |
Investor details for Hypto
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 Wunderbaked Technologies Private Limited (Hypto)
Wunderbaked Technologies Private Limited is the primary company behind Hypto. The board of Wunderbaked Technologies Private Limited currently have 2 directors; the longest-serving is Abhishek Rajagopal, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Rajagopal DIN 08170198 | Director | 30 Jun 2018 | 8 yrs 4 mo | Wunderbaked Technologies Private Limited |
| Aravind Sriraman DIN 08170199 | Director | 30 Jun 2018 | 8 yrs 4 mo | Wunderbaked Technologies Private Limited |
People of Hypto
2 people are tracked at Hypto (1 in leadership, 1 in team); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Tholkappiyan Velavan | Co-Founder | Leadership |
Vaasav Kumar | Application Developer | Team |
Complete people profiles for Hypto
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 Hypto
Figures of Wunderbaked Technologies Private Limited, the primary company behind Hypto, for FY 2024. Revenue was ₹1.40 Cr (-86% year on year). Net loss was -₹3.41 Cr (-243% margin). EBITDA was -₹3.34 Cr (-238% margin). Revenue has grown at a compounded annual rate of -29% over three years.
- ₹1.40 CrRevenue · FY 2024 · -86% YoY
- -₹3.41 CrNet loss · -243% margin
- -₹3.34 CrEBITDA · -238% margin
- ₹50 LakhPaid-up capital
- 17Employees (provident fund records)
- -29%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Wunderbaked Technologies Private Limited are on its company page.
Detailed financial statements for Hypto
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 Hypto
3 dated milestones of Hypto across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Hypto is founded.
- Funding First funding round of $3.1M.
- Milestone Reaches Minicorn status.
Competitors of Hypto
Hypto has 3 listed competitors in our database, 3 of them funded. They include M2P Fintech, Falcon and NeoKred.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| m2pfintech.com | 2014 | Chennai, India | $187.79M | 1,144 | Banking, lending, and payment solutions are provided via custom APIs. | |
| falconfs.com | 2012 | Gurugram, India | $9.2M | 78 | A cloud-native platform is provided for next-generation financial products. | |
| neokred.tech | 2019 | Bengaluru, India | $1.13M | 101 | Provider of open banking and payment infrastructure for digital finance solutions |
Detailed competitors of Hypto
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 Hypto
The website of Hypto (hypto.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 29.7% vs previous month
Websites whose visitors overlap most with Hypto. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
paynet.pro | paynet.pro | 100% | #7,565,432 | – | |
| iserveu.in | 75% | 16.3K | #1,299,707 | View details | |
| decentro.tech | 45% | 214.4K | #168,413 | View details | |
zpe.co.in | zpe.co.in | 31% | – | ||
wonderpaytec.com | wonderpaytec.com | 29% | #6,523,783 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Hypto
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Hypto
Hypto was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Hypto is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Hypto is a funded company, having raised a total of $3.05M across 1 funding round to date. The company's 1st funding round was a Seed of $3.05M, raised on Jun 2021.
Hypto has 17 employees.
The primary company behind Hypto, Wunderbaked Technologies Private Limited, reported revenue of ₹1.40 Cr for FY 2024, down 86% year on year.
Hypto was founded in 2018 in Chennai, India, and operates in the fintech sector. Technological infrastructure is supplied to developers, enabling new financial applications. Finance is broken down into basic components, so market insights can be implemented without managing underlying systems. The technology stack connecting banks, institutions, and customers is separated into core elements. Legacy system constraints are addressed, supporting the development of modern financial tools.
Hypto's top competitors include Falcon, M2P Fintech and NeoKred.
Hypto offers Payouts Stack, Collections Stack, and UPI Stack.
Hypto has 13 investors. Key investors include 3one4 Capital, Stellaris Venture Partners, S Thiruambalam, Jitendra Gupta, and Shweta N Honagudi.
The valuation of Hypto is $11.33M as of Jun 2021.
Hypto operates through Wunderbaked Technologies Private Limited.
The legal entities of Hypto currently have 2 directors, including Abhishek Rajagopal, Aravind Sriraman.