About LivQuik
LivQuik is a Financial Services company based in Mumbai (India) founded in 2012 by Yudhajit Nag Sen and Vinay Pinto, and was acquired by FEL in October 2018. LivQuik has raised $8.7 million across 7 funding rounds from investors including M2P Fintech, FEL India and Snow Leopard Ventures. The company has 60 employees. LivQuik was last valued at $9.04 million in September 2021. Its chief executive, as recorded, is Bhargav Padh. Its website livquik.com draws about 10 thousand monthly visits. Its Indian entity Livquik Technology (India) Private Limited reported revenue of ₹55.87 Cr. LivQuik offers products and services including QuikWallet App, FASTag, NCMC Card, and UPI Services. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Razorpay, Pine Labs and Mintoak; 3 of its 3 listed competitors have raised funding.
Company details
Payment processing solutions for businesses. Its product includes QuikWallet that enables businesses to accept online payments via creditdebit cards, bank transfers, wallets, virtual physical prepaid cards for expenses, and more. It also provides an enterprise solution for product project management, a cloud-based issuance platform that enables merchants to provide loyalty solutions to customers, fleet expense management, and more.
- Headquarters Mumbai, India
- Employees 60
- Founders Yudhajit Nag Sen, Vinay Pinto
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website livquik.com
- Social LinkedIn X Facebook Instagram
- Acquired by FEL (Oct 2018)
- Legal Name Livquik Technology (India) Private Limited
- Date of Incorporation 04 Jul, 2012
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹55.87 Cr
FY 2025 · +142% YoY
- Net Loss-₹2.70 Cr
FY 2025 · -5% margin
- EBITDA-₹2.20 Cr
FY 2025 · -4% margin
- Total Equity Funding$8.7M (USD)
in 7 rounds
- Latest Funding Round$1.22M (USD), Series A
Oct 2022
- InvestorsM2P Fintech
& 4 more
- Employee Count60
- Acquired byFEL
(Oct 2018)
Associated legal entities of LivQuik
LivQuik is associated with 2 registered companies on The Company Check; the primary company is Livquik Technology (India) 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 |
|---|---|---|---|---|---|---|---|
| Livquik Technology (India) Private Limited CIN U74999TN2012PTC165988 | Active | 04 Jul 2012 | Chennai, Tamil Nadu | ₹55.9 Cr | 60 | 3 | View details |
| M2p Solutions Private Limited CIN U72900TN2014PTC098036 | Active | 14 Nov 2014 | Chennai, Tamil Nadu | ₹391 Cr | 810 | 10 | View details |
Products & Services of LivQuik
LivQuik offers a comprehensive portfolio of products and services, including QuikWallet App, FASTag, NCMC Card, and UPI Services.
App for real-time management of prepaid cards and transactions.
Electronic toll collection system for streamlined vehicle transactions.
Multi-purpose card for transit and payments in various sectors.
UPI-enabled platform for instant fund transfers and wallet operations.
Funding Insights of LivQuik
LivQuik has successfully raised a total of $8.7M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.22 million completed in October 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.
- Total Funding $8.7M
- Total Rounds 7
- Last Round Series A — $1.22M
- First Round $500,000
(Jul 2013)
- Investors Count 4
All 7 funding rounds of LivQuik 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 |
|---|---|---|---|---|---|
| Oct 2022 | $1.22M | Series A | – | M2P Fintech | – |
| Sep 2021 | $4M | Series A | $9.04M | M2P Fintech | – |
| Jul 2017 | $462,993 | Seed | $10.35M | Snow Leopard Ventures | – |
| Feb 2016 | $586,168 | Seed | $••••• | Snow Leopard Ventures | – |
| Mar 2015 | $1.6M | Seed | $••••• | Snow Leopard Ventures | – |
| Feb 2014 | $338,379 | Seed | $••••• | Snow Leopard Ventures | |
| Jul 2013 | $500,000 | Seed | $••••• | Snow Leopard Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $9.04M | •••••••• |
| Jul 2017 | $10.35M | •••••••• |
| Feb 2016 | $••••• | •••••••• |
| Mar 2015 | $••••• | •••••••• |
| Feb 2014 | $••••• | •••••••• |
| Jul 2013 | $••••• | •••••••• |
Full valuation and stage history of LivQuik
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $9.04M (Sep 2021). 5 investors in total: 3 institutional and 2 angel.
Investors in LivQuik
LivQuik has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include M2P Fintech, FEL India and Snow Leopard Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital firm investing in India | 2012 | slventures.in | Pune, India | |
Banking, lending, and payment solutions are provided via custom APIs. | 2014 | m2pfintech.com | Chennai, India | |
Logistics and supply chain management services are provided by FEL. | 1987 | felindia.in | Mumbai, India | |
ML Mohit Lalvani | Founder of 6Degree, active angel investor in Indian startups | unknown_6f9b4e09b1314fc1a | ||
ML Mahesh Lalvani | unknown_de7724f566f84e1c9 |
Investor details for LivQuik
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Livquik Technology (India) Private Limited (LivQuik)
Livquik Technology (India) Private Limited is the primary company behind LivQuik. The boards of the 2 registered companies of LivQuik currently have 10 directors; the longest-serving is Rangarajan Madhusudanan, appointed in 2014. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rangarajan Madhusudanan DIN 06992744 | Managing Director | 14 Nov 2014 | 11 yrs 11 mo | M2p Solutions Private Limited |
| Srinivasan Radhika DIN 06993566 | Director | 14 Nov 2014 | 11 yrs 11 mo | M2p Solutions Private Limited |
| Prabhu Rangarajan DIN 07381819 | Director | 04 Dec 2015 | 10 yrs 10 mo | M2p Solutions Private Limited |
| Muthukumar Ayyakkannu DIN 07381905 | Director | 09 Sep 2021 | 5 yrs 1 mo | Livquik Technology (India) Private Limited, M2p Solutions Private Limited |
| Apoorva Goyal DIN 09480604 | Nominee Director | 19 Feb 2022 | 4 yrs 8 mo | M2p Solutions Private Limited |
| Amol Warange DIN 08730398 | Nominee Director | 01 Oct 2022 | 4 yrs 1 mo | M2p Solutions Private Limited |
| Abhishek Arun DIN 09776539 | Director | 22 Dec 2022 | 3 yrs 10 mo | Livquik Technology (India) Private Limited |
| Elias Yazbeck DIN 10694585 | Director | 25 Sep 2024 | 2 yrs 1 mo | M2p Solutions Private Limited |
| Nitin Kaul DIN 01718619 | Director | 07 Feb 2025 | 1 yr 8 mo | M2p Solutions Private Limited |
| Anuradha Ramachandran DIN 01983108 | Nominee Director | 01 Dec 2025 | 11 mo | M2p Solutions Private Limited |
People of LivQuik
4 people are tracked at LivQuik (4 in leadership); the tracked headcount is 60.
| Name | Role | Group |
|---|---|---|
Yudhajit Nag Sen | Co-Founder & CTO | Leadership |
Vinay Pinto | Co-Founder | Leadership |
Bhargav Padh | Chief Executive Officer | Leadership |
Karan Sukhdev Raj Talwar | Leadership |
Complete people profiles for LivQuik
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of LivQuik
Figures of Livquik Technology (India) Private Limited, the primary company behind LivQuik, for FY 2025. Revenue was ₹55.87 Cr (+142% year on year). Net loss was -₹2.70 Cr (-5% margin). EBITDA was -₹2.20 Cr (-4% margin).
- ₹55.87 CrRevenue · FY 2025 · +142% YoY
- -₹2.70 CrNet loss · -5% margin
- -₹2.20 CrEBITDA · -4% margin
- ₹10.74 CrPaid-up capital
- 60Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Livquik Technology (India) Private Limited are on its company page.
Detailed financial statements for LivQuik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of LivQuik
5 dated milestones of LivQuik across 10 years, from founding to its latest funding, stage changes and deals.
- Founded LivQuik is founded.
- Funding First funding round of $500K.
- Milestone Reaches Minicorn status.
- Exit Acquired by FEL.
- Funding Latest funding round, Series A, of $1.2M.
Competitors of LivQuik
LivQuik has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Pine Labs and Mintoak.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. |
Detailed competitors of LivQuik
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of LivQuik
The website of LivQuik (livquik.com) receives about 10.2K visits a month.
- Monthly visits10.2K
▲ 23.1% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as LivQuik (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Livquik
Complete news archive for LivQuik
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Frequently Asked Questions about LivQuik
LivQuik was founded in 2012 and raised its 1st funding round 1 year after it was founded.
LivQuik is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Bhargav Padh is the CEO of LivQuik, as recorded in our data.
LivQuik is a funded company, having raised a total of $8.7M across 7 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 2013.
LivQuik has 60 employees.
The primary company behind LivQuik, Livquik Technology (India) Private Limited, reported revenue of ₹55.87 Cr for FY 2025, up 142% year on year.
Payment processing solutions for businesses. Its product includes QuikWallet that enables businesses to accept online payments via creditdebit cards, bank transfers, wallets, virtual physical prepaid cards for expenses, and more. It also provides an enterprise solution for product project management, a cloud-based issuance platform that enables merchants to provide loyalty solutions to customers, fleet expense management, and more.
LivQuik offers QuikWallet App, FASTag, NCMC Card, and UPI Services.
LivQuik has 5 investors. Key investors include M2P Fintech, FEL India, Snow Leopard Ventures, Mohit Lalvani, and Mahesh Lalvani.
The valuation of LivQuik is $9.04M as of Sep 2021.
LivQuik is associated with 2 legal entities: Livquik Technology (India) Private Limited, M2p Solutions Private Limited.