About Lazypay
Lazypay is a Financial Services company based in Mumbai (India) founded in 2017. It operates as a provider of digital payment solutions, including deferred payment and personal loans. Lazypay has raised $7 million across 1 funding round from investors including PayU. The company has 11 employees. Its website lazypay.in draws about 503 thousand monthly visits. Its Indian entity Lazypay Private Limited reported revenue of ₹47.81 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include axio, Simpl, ZestMoney, PayJoy and Snapmint and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Founded in 2017 and based in Mumbai, India, Lazypay functions within the fintech sector. Buy now pay later services are extended to various online merchants, allowing transactions to be combined into one bill. Flexible repayment terms are available for these consolidated payments. Personal loans are disbursed based on eligibility checks and required documentation, supporting broader digital financial access.
- Headquarters Mumbai, India
- Employees 11
- SectorsFinancial Services
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website lazypay.in
- Social LinkedIn X Facebook
- Legal Name Lazypay Private Limited
- Date of Incorporation 26 Nov, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹47.81 Cr
FY 2025 · -5% YoY
- Net Loss-₹11.17 Cr
FY 2025 · -23% margin
- EBITDA-₹9.10 Cr
FY 2025 · -19% margin
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Series A
Aug 2019
- Investors
- Employee Count11
Associated legal entities of Lazypay
Lazypay is associated with 2 registered companies on The Company Check; the primary company is Lazypay 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 |
|---|---|---|---|---|---|---|---|
| Lazypay Private Limited CIN U74110MH2018FTC317439 | Active | 26 Nov 2018 | Mumbai, Maharashtra | ₹47.8 Cr | 11 | 4 | View details |
| Payu Finance India Private Limited CIN U65910MH1992PTC068664 | Active | 22 Sep 1992 | Mumbai, Maharashtra | ₹693 Cr | 358 | 8 | View details |
Funding Insights of Lazypay
Lazypay has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 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.
- Total Funding $7M
- Total Rounds 1
- Last Round Series A — $7M
- First Round $7M
(Aug 2019)
- Investors Count 1
All 1 funding rounds of Lazypay 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 |
|---|---|---|---|---|---|
| Aug 2019 | $7M | Series A | – | PayU | – |
1 investors in total: 1 institutional.
Investors in Lazypay
Lazypay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online payment processing and credit solutions are provided for businesses. | 2002 | payu.com | Amsterdam, Netherlands |
Investor details for Lazypay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Lazypay Private Limited (Lazypay)
Lazypay Private Limited is the primary company behind Lazypay. The boards of the 2 registered companies of Lazypay currently have 8 directors; the longest-serving is Deepak Mendiratta, appointed in 2022. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Mendiratta DIN 08736848 | CEO | 29 Jun 2022 | 4 yrs 3 mo | Payu Finance India Private Limited |
| Ravindra Pandey DIN 07188637 | Director | 01 Nov 2023 | 2 yrs 11 mo | Payu Finance India Private Limited |
| Manish Narayan Kulkarni DIN 10504746 | CFO | 22 Feb 2024 | 2 yrs 7 mo | Payu Finance India Private Limited |
| Ankit Nahata DIN 10544880 | Director | 11 Mar 2024 | 2 yrs 7 mo | Lazypay Private Limited |
| Vineet Sethi DIN 10493451 | Director | 03 May 2024 | 2 yrs 5 mo | Lazypay Private Limited |
| Madhumita Ganguli DIN 00676830 | Director | 20 Jun 2024 | 2 yrs 4 mo | Payu Finance India Private Limited |
| Athmanathan Sadhashivam DIN 11141644 | Director | 13 Jun 2025 | 1 yr 4 mo | Lazypay Private Limited |
| Johannes Bune DIN 10488060 | Additional Director | 07 Jul 2025 | 1 yr 3 mo | Payu Finance India Private Limited |
Financials of Lazypay
Figures of Lazypay Private Limited, the primary company behind Lazypay, for FY 2025. Revenue was ₹47.81 Cr (-5% year on year). Net loss was -₹11.17 Cr (-23% margin). EBITDA was -₹9.10 Cr (-19% margin). Revenue has grown at a compounded annual rate of +62% over three years and +302% over five years.
- ₹47.81 CrRevenue · FY 2025 · -5% YoY
- -₹11.17 CrNet loss · -23% margin
- -₹9.10 CrEBITDA · -19% margin
- ₹67.98 CrPaid-up capital
- 11Employees (provident fund records)
- +62%Revenue CAGR, 3 years
- +302%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lazypay Private Limited are on its company page.
Detailed financial statements for Lazypay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Lazypay
2 dated milestones of Lazypay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lazypay is founded.
- Funding First funding round of $7.0M.
Competitors of Lazypay
Lazypay has 9 listed competitors in our database, 9 of them funded. They include axio, Simpl, ZestMoney, PayJoy and Snapmint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axio.co.in | 2013 | Bengaluru, India | $205.92M | 499 | An online lending platform for point-of-sale financing is provided. | |
| getsimpl.com | 2015 | Bengaluru, India | $47.47M | 144 | An online platform for purchase financing is provided by Simpl. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing | |
| payjoy.com | 2015 | San Francisco, United States | $204.62M | 101 | Online platform for purchase financing | |
| snapmint.com | 2015 | Mumbai, India | $179.98M | 217 | No-credit-card EMI solutions for online purchases are provided. | |
| paytail.com | 2020 | Gurugram, India | $1.78M | 56 | Finance and e-commerce solutions are enabled via instant EMI loans. | |
| getshopse.com | 2020 | Mumbai, India | $11.81M | 84 | Payment platform offered for diverse business payment options. | |
| flexmoney.in | 2015 | Mumbai, India | $4.8M | 55 | Purchase loans for point-of-sale financing are offered to consumers. | |
| happyemi.com | 2015 | Bengaluru, India | $1.71M | – | Instalment payments for online and offline purchases are enabled. |
Detailed competitors of Lazypay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Lazypay
The website of Lazypay (lazypay.in) receives about 503K visits a month and ranks #120,104 among all websites worldwide, #7,523 in Finance.
- Monthly visits503K
▲ 23.4% vs previous month
- Unique visitors194.9K
per month
- Global rank#120,104
among all websites
- Category rank#7,523
Finance · Finance
- Bounce rate25%
- Pages per visit2.6
- Average visit1 min 36 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with Lazypay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lendbox.in | 100% | 81.8K | #382,961 | View details | |
| tatacapital.com | 99% | 2.8M | #25,533 | View details | |
| incred.com | 97% | 444.9K | #89,222 | View details | |
| loantap.in | 96% | 46K | #640,822 | View details | |
| ruloans.com | 96% | 94.5K | #278,853 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lazypay
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Top companies in Alternative Lending
10 companies that operate in the same segment as Lazypay (Alternative Lending), 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 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Related news about Lazypay
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Frequently Asked Questions about Lazypay
Lazypay was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Lazypay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Lazypay is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Aug 2019.
Lazypay has 11 employees.
The primary company behind Lazypay, Lazypay Private Limited, reported revenue of ₹47.81 Cr for FY 2025, down 5% year on year.
Founded in 2017 and based in Mumbai, India, Lazypay functions within the fintech sector. Buy now pay later services are extended to various online merchants, allowing transactions to be combined into one bill. Flexible repayment terms are available for these consolidated payments. Personal loans are disbursed based on eligibility checks and required documentation, supporting broader digital financial access.
Lazypay has 1 investor. Key investors include PayU.
Lazypay is associated with 2 legal entities: Lazypay Private Limited, Payu Finance India Private Limited.
The legal entities of Lazypay currently have 10 directors, including Athmanathan Sadhashivam, Niket Shrivastava, Vineet Sethi and others.
The website of Lazypay receives about 503 thousand visits a month and ranks #120,104 among all websites worldwide.