India1 Payments

Bengaluru, India Founded: 2006 • Age: 20 yrs
Manufacturer of ATM
Annual revenue $68.9M Latest available
Total funding $53.5M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About India1 Payments

India1 Payments is a company based in Bengaluru (India) founded in 2006. India1 Payments has raised $53.55 million across 4 funding rounds from investors including ICICI Venture, IDBI trustee and Banktech. India1 Payments offers products and services including ATM Network Services and Fraud Alert Services.

  • Headquarter Bengaluru, India
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name India1 Payments Limited
  • Date of Incorporation 30 Jun, 2006
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $68.91 M (USD)
    27.61
    as on Mar 31, 2023
  • Net Profit
    $332.81 K (USD)
    119.29
    as on Mar 31, 2023
  • EBITDA
    $26.01 M (USD)
    59.16
    as on Mar 31, 2023
  • Total Equity Funding
    $53.55 M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.68 M (USD), Series A

    Aug 20, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of India1 Payments

India1 Payments offers a comprehensive portfolio of products and services, including ATM Network Services and Fraud Alert Services.

Product name locked
Category locked
Primary

ATM networks are provided and managed for banking operations in India.

Product name locked
Category locked
Locked

Warnings about fake websites and authentication methods are offered to protect users.

People of India1 Payments

Headcount 200-500
Employee Profiles 1
Employee Profiles
People
Sanjay Bajaj
Group Chief Financial Officer & Director Of Shared Services

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Teams

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Funding Insights of India1 Payments

India1 Payments has successfully raised a total of $53.55M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $14.68 million completed in August 2019. 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 India1 Payments

India1 Payments has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ICICI Venture, IDBI trustee and Banktech.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Alternative asset management and investment services in India.
Locked Locked Locked
Provides corporate trusteeship services for debentures, securities, and investments.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for India1 Payments

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

  • Investor domains
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Investments & Acquisitions by India1 Payments

Investments
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Investment portfolio details for India1 Payments

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Financial Statements - India1 Payments

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Detailed financials for India1 Payments

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  • Profit trends
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India1 Payments Comparisons

India1 Payments Primary company
Description
Manufacturer of ATM
Location
Bengaluru, India
Founded Year
2006
Annual Revenue
$68.91 M (USD)
Net Profit
$332.81 K (USD)
EBITDA
$26.01 M (USD)
Employees
Not available
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Peer comparison for India1 Payments

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Competitors of India1 Payments

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Detailed competitors of India1 Payments

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Latest news on India1 Payments

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Complete news archive for India1 Payments

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Frequently Asked Questions about India1 Payments

India1 Payments was founded in 2006 and raised its 1st funding round 7 years after it was founded.

India1 Payments is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Srinivas K is the current CEO of India1 Payments.

India1 Payments is a funded company, having raised a total of $53.55M across 4 funding rounds to date.

Annual revenue of India1 Payments is $68.91M as on Mar 31, 2023.

India1 Payments was established in 2006 in Bengaluru, India, focusing on the financial technology sector. ATMs tailored for semi-urban and rural areas are produced, with the company ranked as the second largest brand and more than 8,000 units deployed nationwide. The micro ATM segment was introduced, and as of August 15, 2021, 1,161 units have been actively piloted across six states. Operations center on payment solutions in underserved regions.

India1 Payments offers ATM Network Services and Fraud Alert Services.

India1 Payments has 3 investors. Key investors include ICICI Venture, IDBI trustee, and Banktech.

The valuation of India1 Payments is $80.88M as of Aug 2019.

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