About InstantPay
InstantPay is a company based in Delhi (India) founded in 2013 by Ajay Upadhyay, Amol Sonbarse, Rais Ahmad Matin, and Shailendra Agarwal. InstantPay has raised $4.99 million across 1 funding round from investors including RB Investments and Kaleden Holdings. The company has 147 employees as of April 08, 2024. InstantPay offers products and services including Business Banking Platform and Online Payment Services.
- Headquarter Delhi, India
- Employees 147 as on 08 Apr, 2024
- Founders Ajay Upadhyay, Amol Sonbarse, Rais Ahmad Matin, Shailendra Agarwal
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Instantpay India Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$9.82 M (USD)-22.7as on Mar 31, 2023
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Net Profit
-$353.73 K (USD)-269.65as on Mar 31, 2023
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EBITDA
-$406.97 K (USD)-188.8as on Mar 31, 2023
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Total Equity Funding
$4.99 M (USD)
in 1 rounds
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Latest Funding Round
$4.99 M (USD), Seed
Nov 22, 2016
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Investors
RB Investments
& 1 more
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Employee Count
147
as on Apr 08, 2024
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Products & Services of InstantPay
InstantPay offers a comprehensive portfolio of products and services, including Business Banking Platform and Online Payment Services.
A platform is provided for modern business banking, facilitating financial transactions and management.
Services are offered for online transactions, supporting business operations through digital banking tools.
People of InstantPay
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Funding Insights of InstantPay
InstantPay has successfully raised a total of $4.99M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.99 million completed in November 2016. 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 InstantPay
InstantPay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include RB Investments and Kaleden Holdings.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in multi-stage tech-focused startups.
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Venture capital fund focused on multiple sectors
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Locked | Locked | Locked |
Investor details for InstantPay
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Investments & Acquisitions by InstantPay
Investment portfolio details for InstantPay
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Financial Statements - InstantPay
Detailed financials for InstantPay
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- Profit trends
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Instantpay Comparisons
Peer comparison for InstantPay
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Competitors of InstantPay
Detailed competitors of InstantPay
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Latest news on Instantpay
Complete news archive for InstantPay
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Frequently Asked Questions about InstantPay
InstantPay was founded in 2013 and raised its 1st funding round 3 years after it was founded.
InstantPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Shailendra Agarwal is the current CEO of InstantPay. They have also founded this company.
InstantPay is a funded company, having raised a total of $4.99M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at InstantPay is 147.
Annual revenue of InstantPay is $9.82M as on Mar 31, 2023.
InstantPay was established in 2013 in Delhi, India, as a fintech platform focused on digital banking for businesses. Current accounts, debit cards, payouts, collections, and expense management tools are offered, along with collateral-free working capital loans. API-based workflows are supported via its app, enabling employee expense tracking, corporate gift vouchers, and utility bill payments through a centralized dashboard. Operations serve the Indian market.
InstantPay offers Business Banking Platform and Online Payment Services.
InstantPay has 2 investors. Key investors include RB Investments, and Kaleden Holdings.