OxyMoney

Noida, India Founded: 2016 • Age: 10 yrs
Online payment gateway services are provided for various methods.
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About OxyMoney

OxyMoney is a Financial Services company based in Noida (India) founded in 2016 by Nitin Kapoor. Online payment gateway services are provided for various methods. OxyMoney has raised $1 million across 1 funding round from investors including GMobi. The company has 34 employees. Its website oxymoney.com draws about 14 thousand monthly visits. Its Indian entity Appnit Technologies Private Limited reported revenue of ₹78.75 Cr. OxyMoney offers products and services including Prepaid Card, Loyalty Club, Recurring Payment Service, and UPI Payment Collection. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.

Company details

OxyMoney was founded in 2016 in Noida, India, within the fintech sector. An online payment gateway is operated, enabling businesses to accept debit cards, credit cards, prepaid instruments, IMPS, net banking, and other methods. Customization of the gateway is allowed for merchants, along with features such as dynamic switching, retry options, auto OTP reading, and a card storage vault. Pricing is set starting from 1.5 plus service tax.

Operational Areas
Financial Services → Payments & Remittance Platforms
Key Metrics
  • Annual Revenue
    ₹78.75 Cr

    FY 2025 · +296% YoY

  • Net Loss
    -₹2.39 Cr

    FY 2025 · -3% margin

  • EBITDA
    -₹4.62 Cr

    FY 2025 · -6% margin

  • Total Equity Funding
    $1M (USD)

    in 1 rounds

  • Latest Funding Round
    $1M (USD), Seed

    May 2017

  • Investors
    GMobi
  • Employee Count
    34

Products & Services of OxyMoney

OxyMoney offers a comprehensive portfolio of products and services, including Prepaid Card, Loyalty Club, Recurring Payment Service, and UPI Payment Collection.

Prepaid Card
Payment Solution

Offers customizable prepaid options for business transactions and expense tracking.

Loyalty Club
Rewards Program

Digital program to boost engagement and loyalty for customers and employees.

Recurring Payment Service
Payment Automation

Automates payments via UPI to eliminate manual follow-ups for businesses.

UPI Payment Collection
Digital Payment

Facilitates effortless UPI collections and enhances user transaction experiences.

Funding Insights of OxyMoney

OxyMoney has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in May 2017. 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 $1M
  • Total Rounds 1
  • Last Round Seed — $1M
  • First Round $1M

    (May 2017)

  • Investors Count 1

All 1 funding rounds of OxyMoney with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$1MSeed––
GMobi
Valuation history

1 investors in total: 1 institutional.

Investors in OxyMoney

OxyMoney has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GMobi.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
GMobi
generalmobi.com
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Investor details for OxyMoney

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Board of directors of Appnit Technologies Private Limited (OxyMoney)

Appnit Technologies Private Limited is the primary company behind OxyMoney. The boards of the 2 registered companies of OxyMoney currently have 16 directors; the longest-serving is Nipendar Kochhar, appointed in 2008. 45 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nipendar Kochhar
DIN 02201954
Director11 Sep 200818 yrs 1 moDmi Finance Private Limited
Yuvraja Chanakya Singh
DIN 02601179
Director26 Aug 200917 yrs 2 moDmi Finance Private Limited
Shivashish Chatterjee
DIN 02623460
Managing Director30 Dec 201015 yrs 10 moDmi Finance Private Limited
Gurcharan Das
DIN 00100011
Director25 Aug 201115 yrs 2 moDmi Finance Private Limited
Nitin Kapoor
DIN 06810902
Director11 Mar 201412 yrs 7 moAppnit Technologies Private Limited
Amit Kumar Dey
DIN 02718352
Director20 Aug 201511 yrs 2 moAppnit Technologies Private Limited
Rashmi Fauzdar
DIN 07599221
Director11 Nov 20196 yrs 11 moAppnit Technologies Private Limited
Shivi Mohan Rastogi
DIN 01619307
Director10 Mar 20224 yrs 7 moAppnit Technologies Private Limited
Jatinder Pal Singh Bhasin
DIN 02181225
Director10 Mar 20224 yrs 7 moAppnit Technologies Private Limited
Arindam Ahindra Das
DIN 02704225
Director25 Mar 20224 yrs 7 moAppnit Technologies Private Limited
Alfred Victor Mendoza
DIN 08432874
Nominee Director14 Nov 20223 yrs 11 moDmi Finance Private Limited
Naomi Koike Hauser
DIN 10540517
Nominee Director13 Apr 20242 yrs 6 moDmi Finance Private Limited
Tammir Amr
DIN 07030832
Director26 Dec 20241 yr 10 moDmi Finance Private Limited
Arjun Malhotra
DIN 00177397
Director26 Dec 20241 yr 10 moDmi Finance Private Limited
Shuitsuro Komatsu
DIN 11670052
Nominee Director29 Apr 20266 moDmi Finance Private Limited
Meena Hemchandra
DIN 05337181
Director15 May 20265 moDmi Finance Private Limited

People of OxyMoney

1 people are tracked at OxyMoney (1 in leadership); the tracked headcount is 34.

NameRoleGroup
Nitin Kapoor
FounderLeadership
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Complete people profiles for OxyMoney

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of OxyMoney

Figures of Appnit Technologies Private Limited, the primary company behind OxyMoney, for FY 2025. Revenue was ₹78.75 Cr (+296% year on year). Net loss was -₹2.39 Cr (-3% margin). EBITDA was -₹4.62 Cr (-6% margin). Revenue has grown at a compounded annual rate of +156% over three years and +61% over five years.

  • ₹78.75 CrRevenue · FY 2025 · +296% YoY
  • -₹2.39 CrNet loss · -3% margin
  • -₹4.62 CrEBITDA · -6% margin
  • ₹13.20 CrPaid-up capital
  • 34Employees (provident fund records)
  • +156%Revenue CAGR, 3 years
  • +61%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Appnit Technologies Private Limited are on its company page.

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Detailed financial statements for OxyMoney

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of OxyMoney

2 dated milestones of OxyMoney across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded OxyMoney is founded.
  2. Funding First funding round of $1.0M.

Competitors of OxyMoney

OxyMoney has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Razorpay
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
Mintoak
mintoak.com2017Mumbai, India$24.71M140
Digital payments and engagement solutions are offered for MSMEs.
Pine Labs
pinelabs.com1998Noida, India$1.23B3,780
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Detailed competitors of OxyMoney

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of OxyMoney

The website of OxyMoney (oxymoney.com) receives about 14K visits a month.

  • Monthly visits
    14K

    ▼ 32.6% vs previous month

Similar websites

Websites whose visitors overlap most with OxyMoney. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
shop.pay1.in
shop.pay1.in
100%
#99,410–
Payworld
payworldindia.com
90%
726.5K#83,498View details

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as OxyMoney (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Paytm
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
PhonePe
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Razorpay
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Oxymoney

DMI Finance acquires wallet service provider Oxymoney's parent firm
Business-Standard • 4 years ago
DMI Finance buys controlling stake in payment firm Appnit
Vccircle • 4 years ago
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Complete news archive for OxyMoney

Full article history, source details, and older brand coverage require an active premium plan.

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Verified entity values are shown only after access is granted.

Frequently Asked Questions about OxyMoney

OxyMoney was founded in 2016 and raised its 1st funding round 1 year after it was founded.

OxyMoney is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

OxyMoney is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on May 2017.

OxyMoney has 34 employees.

The primary company behind OxyMoney, Appnit Technologies Private Limited, reported revenue of ₹78.75 Cr for FY 2025, up 296% year on year.

OxyMoney was founded in 2016 in Noida, India, within the fintech sector. An online payment gateway is operated, enabling businesses to accept debit cards, credit cards, prepaid instruments, IMPS, net banking, and other methods. Customization of the gateway is allowed for merchants, along with features such as dynamic switching, retry options, auto OTP reading, and a card storage vault. Pricing is set starting from 1.5 plus service tax.

OxyMoney's top competitors include Razorpay, Mintoak and Pine Labs.

OxyMoney offers Prepaid Card, Loyalty Club, Recurring Payment Service, and UPI Payment Collection.

OxyMoney has 1 investor. Key investors include GMobi.

OxyMoney is associated with 2 legal entities: Appnit Technologies Private Limited, Dmi Finance Private Limited.

The legal entities of OxyMoney currently have 19 directors, including Nipendar Kochhar, Tammir Amr, Yuvraja Chanakya Singh and others.

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