About Paisawapas
Paisawapas is a company based in Bengaluru (India) founded in 2014 by Shankar Kotuli and Ashish Kumar. Paisawapas has raised $44.57 thousand across 1 funding round from investors including Vividhity Ventures, Sandeep Karmongikar and Neeraj Gupta. The company has 47 employees as of September 24, 2025. Paisawapas offers products and services including Cashback Service, Coupon Platform, and Deals App. Paisawapas operates in a competitive market with competitors including SayF, CouponDunia, Super Smart Deals, Buy At and ShopWithMe, among others.
- Headquarter Bengaluru, India
- Employees 47 as on 24 Sep, 2025
- Founders Shankar Kotuli, Ashish Kumar
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Sectors
Retail
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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 Nxtify Technologies Private Limited
- Date of Incorporation 02 Dec, 2014
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$8.06 M (USD)24.08as on Mar 31, 2024
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Net Profit
$403.45 K (USD)14.39as on Mar 31, 2024
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EBITDA
$542.49 K (USD)-6.27as on Mar 31, 2024
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Total Equity Funding
$44.57 K (USD)
in 1 rounds
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Latest Funding Round
$44.57 K (USD), Seed
Dec 15, 2016
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Investors
Vividhity Ventures
& 7 more
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Employee Count
47
as on Sep 24, 2025
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Products & Services of Paisawapas
Paisawapas offers a comprehensive portfolio of products and services, including Cashback Service, Coupon Platform, and Deals App.
Platform for earning cashback on online purchases
Provides discount coupons for various stores
App offering exclusive shopping deals and rewards
People of Paisawapas
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Funding Insights of Paisawapas
Paisawapas has successfully raised a total of $44.57K through 1 strategic funding round. The most recent funding activity was a Seed round of $44.57 thousand completed in December 2016. 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 Paisawapas
Paisawapas has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Vividhity Ventures, Sandeep Karmongikar and Neeraj Gupta.
| Investor | Description | Founded Year | Domain | Location |
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Technology innovation platform providing advisory and development services for scalable solutions.
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Sandeep Karmongikar |
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Neeraj Gupta |
Founder of Cervin Ventures, active angel investor in tech startups
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Locked | Locked | Locked |
Investor details for Paisawapas
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Investments & Acquisitions by Paisawapas
Investment portfolio details for Paisawapas
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Financial Statements - Paisawapas
Detailed financials for Paisawapas
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Paisawapas Comparisons
Peer comparison for Paisawapas
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Competitors of Paisawapas
Paisawapas 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 SayF, CouponDunia, Super Smart Deals, Buy At and ShopWithMe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered deals and coupons are provided for multi-category products.
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Web platform to find deals & coupons from various eCommerce websites and offline stores
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An online platform for discovering multi-category deals and coupons.
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App-based platform for discovering deals on multi-category products.
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Functions as an online platform for discovering deals and coupons.
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Detailed competitors of Paisawapas
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Latest news on Paisawapas
Complete news archive for Paisawapas
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Frequently Asked Questions about Paisawapas
Paisawapas was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Paisawapas is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shankar Kotuli is the current CEO of Paisawapas. They have also founded this company.
Paisawapas is a funded company, having raised a total of $44.57K across 1 funding round to date.
As of Sep 24, 2025, the latest employee count at Paisawapas is 47.
Annual revenue of Paisawapas is $8.06M as on Mar 31, 2024.
Paisawapas was founded in 2014 in Bengaluru, India, as an online platform focused on the e-commerce sector. Deals and coupons across various product and service categories are aggregated and presented to users. Operations center on facilitating savings through partnerships with retailers. The company is led by co-founder and CEO Shankar Kotuli, alongside co-founder Ashish Kumar. Services extend to a broad user base in India via the paisawapas.com domain.
Paisawapas's top competitors include CouponDunia, SayF and Super Smart Deals.
Paisawapas offers Cashback Service, Coupon Platform, and Deals App.
Paisawapas has 8 investors. Key investors include Vividhity Ventures, Sandeep Karmongikar, Neeraj Gupta, Salil Manekar, and Manish Srivastava.
The valuation of Paisawapas is $746.82K as of Dec 2016.