About MAKSPay
MAKSPay is a company based in Hyderabad (India) founded in 2020 by Kavitha Palancha and Shiva Prrasad. MAKSPay has raised $323.69 thousand across 1 funding round from investors including Sridhar Kotagiri, K Mohan Das Karamchand Gandhi and V N Ranga Raju G. MAKSPay operates in a competitive market with competitors including Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate, among others.
- Headquarter Hyderabad, India
- Founders Kavitha Palancha, Shiva Prrasad
- Stage Minicorn
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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
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Annual Revenue
Not available
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Net Profit
-$46.61 K (USD)-222as on Mar 31, 2022
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EBITDA
-$43.6 K (USD)-224as on Mar 31, 2022
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Total Equity Funding
$323.69 K (USD)
in 1 rounds
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Latest Funding Round
$323.69 K (USD), Angel Round
Dec 14, 2020
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Investors
& 16 more
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Employee Count
Not available
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Funding Insights of MAKSPay
MAKSPay has successfully raised a total of $323.69K through 1 strategic funding round. The most recent funding activity was a Angel Round of $323.69 thousand completed in December 2020. 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 MAKSPay
MAKSPay has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Sridhar Kotagiri, K Mohan Das Karamchand Gandhi and V N Ranga Raju G.
| Investor | Description | Founded Year | Domain | Location |
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SK
Sridhar Kotagiri |
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Locked | Locked | Locked |
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KM
K Mohan Das Karamchand Gandhi |
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Locked | Locked | Locked |
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VN
V N Ranga Raju G |
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Locked | Locked | Locked |
Investor details for MAKSPay
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Investments & Acquisitions by MAKSPay
Investment portfolio details for MAKSPay
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- Transaction dates
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Financial Statements - MAKSPay
Detailed financials for MAKSPay
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- Profit trends
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Makspay Comparisons
Peer comparison for MAKSPay
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of MAKSPay
MAKSPay 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 Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides financial technology solutions for data analysis and verification globally.
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Provider of platform for launching and managing credit card programs
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Provider of financing solutions for electric vehicles
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A cloud-based lending platform is provided for financial institutions.
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| Locked | Locked | Locked |
Provider of digital lending solutions and embedded finance services for SMEs and financial institutions
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Provider of a platform for lending as a service management
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Detailed competitors of MAKSPay
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Latest news on Makspay
Complete news archive for MAKSPay
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Frequently Asked Questions about MAKSPay
MAKSPay was founded in 2020.
MAKSPay is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Shiva Prrasad is the current CEO of MAKSPay. They have also founded this company.
MAKSPay is a funded company, having raised a total of $323.69K across 1 funding round to date.
Provider of AI-enabled platform for consumer and business loans. It features automated loan process, predictive analytics tools for identifying customers behavior, Loan origination and servicing, and more. It offers loans such as earned wages loans, intra-day loans, SME loans on invoices, cashflow-based lending, and more.
MAKSPay's top competitors include Perfios, Niro and Ascend Capital.
MAKSPay has 17 investors. Key investors include Sridhar Kotagiri, K Mohan Das Karamchand Gandhi, V N Ranga Raju G, Murali Krishna Betu, and Kandulapati Srinivasa Rao.
The valuation of MAKSPay is $1.93M as of Dec 2020.