About NGPay
NGPay is a company based in Bengaluru (India) founded in 2004 was acquired by Flipkart in December 2014. NGPay has raised $2.2 million across 2 funding rounds from investors including Flipkart and Helion Venture Partners. The company has 2 employees as of April 04, 2024. NGPay operates in a competitive market with competitors including PhonePe, MobiKwik, Alpha Bank, MoMo and Paytm, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 04 Apr, 2024
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Kitpay Private Limited
- Date of Incorporation 21 Apr, 2004
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$47.57 K (USD)-38.45as on Mar 31, 2022
-
Net Profit
-$162.36 K (USD)-178.27as on Mar 31, 2022
-
EBITDA
-$205.21 K (USD)-56.11as on Mar 31, 2022
-
Total Equity Funding
$2.2 M (USD)
in 2 rounds
-
Latest Funding Round
Not available
-
Investors
Flipkart
& 1 more
-
Employee Count
2
as on Apr 04, 2024
-
Acquired by
Flipkart
(Dec 16, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of NGPay
NGPay has successfully raised a total of $2.2M across 2 strategic funding rounds. 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 NGPay
NGPay has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Flipkart and Helion Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early to late-stage venture capital is invested in Indian sectors.
|
Locked | Locked | Locked | |
|
Multi-category consumer products are offered via an online marketplace platform.
|
Locked | Locked | Locked |
Investor details for NGPay
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by NGPay
Investment portfolio details for NGPay
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - NGPay
Detailed financials for NGPay
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Ngpay Comparisons
Peer comparison for NGPay
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of NGPay
NGPay 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 PhonePe, MobiKwik, Alpha Bank, MoMo and Paytm, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Payment, financial, investment, and lending services are provided digitally.
|
|
| Locked | Locked | Locked |
Operator of platform for online mobile, DTH recharge, and bill payments
|
|
| Locked | Locked | Locked |
Alpha Bank is recognized as a leading financial institution in Greece.
|
|
| Locked | Locked | Locked |
MoMo is recognized as a leading fintech application in Vietnam, providing diverse financial services.
|
|
| Locked | Locked | Locked |
Digital payments, financial services, and e-commerce platforms are provided.
|
|
| Locked | Locked | Locked |
Digital wallet services for bill payments and recharges are facilitated.
|
Detailed competitors of NGPay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Ngpay
Complete news archive for NGPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about NGPay
NGPay was founded in 2004 and raised its 1st funding round 2 years after it was founded.
NGPay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
NGPay is a funded company, having raised a total of $2.2M across 2 funding rounds to date.
As of Apr 04, 2024, the latest employee count at NGPay is 2.
Annual revenue of NGPay is $47.57K as on Mar 31, 2022.
NGPay was established in 2004 in Bengaluru, India, within the e-commerce sector. An online platform is maintained for retailing diverse products, encompassing apparel, fashion accessories, footwear, beauty care items, home decor, and household appliances. Operations are centered on facilitating transactions across these categories for consumers in the region.
NGPay has 2 investors. Key investors include Flipkart, and Helion Venture Partners.