About Letzpe
Letzpe is a company based in Ghaziabad (India) founded in 2016 by Himanshu Ram Gupta, Prakash Saxena, and Niraj Prakash Saxena. Letzpe has raised $2.59 million across 2 funding rounds from investors including Fd Williams, Ramakka and Sammaan Ventures. The company has 16 employees as of August 21, 2024. Letzpe operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Ghaziabad, India
- Employees 16 as on 21 Aug, 2024
- Founders Himanshu Ram Gupta, Prakash Saxena, Niraj Prakash Saxena
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Letzpay Solution Private Limited
- Date of Incorporation 24 May, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$802.42 K (USD)-65.66as on Mar 31, 2023
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Net Profit
$48.27 K (USD)90.19as on Mar 31, 2023
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EBITDA
$43.44 K (USD)-26.45as on Mar 31, 2023
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Total Equity Funding
$2.59 M (USD)
in 2 rounds
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Latest Funding Round
$2.47 M (USD), Angel Round
Jan 24, 2022
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Investors
Sammaan Ventures
& 2 more
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Employee Count
16
as on Aug 21, 2024
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Funding Insights of Letzpe
Letzpe has successfully raised a total of $2.59M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $2.47 million completed in January 2022. 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 Letzpe
Letzpe has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Fd Williams, Ramakka and Sammaan Ventures.
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Fd Williams |
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Ramakka |
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Investor details for Letzpe
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Investments & Acquisitions by Letzpe
Investment portfolio details for Letzpe
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Financial Statements - Letzpe
Detailed financials for Letzpe
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Letzpe Comparisons
Peer comparison for Letzpe
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- Named peers
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Competitors of Letzpe
Letzpe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments and engagement solutions are offered for MSMEs.
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Digital payments are processed and managed via specialized solutions.
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Detailed competitors of Letzpe
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Latest news on Letzpe
Complete news archive for Letzpe
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Frequently Asked Questions about Letzpe
Letzpe was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Letzpe is headquartered in Ghaziabad, India. It is registered at Ghaziabad, Uttar Pradesh, India.
Letzpe is a funded company, having raised a total of $2.59M across 2 funding rounds to date.
As of Aug 21, 2024, the latest employee count at Letzpe is 16.
Annual revenue of Letzpe is $802.42K as on Mar 31, 2023.
Letzpe was established in 2016 in Ghaziabad, India, within the fintech sector. Online payment gateway solutions are delivered to support business transactions. Key services encompass payment APIs, recurring billing options, ePOS systems, digital wallets, and automated reconciliation processes. The platform operates to enable secure and efficient digital payments across various industries.
Letzpe has 3 investors. Key investors include Fd Williams, Ramakka, and Sammaan Ventures.