About PayAid Payments
PayAid Payments is a Financial Services company based in Hyderabad (India) founded in 2020 by Alka Mehta and Phani Teja. Provider of payment orchestration, routing, bill payments, and website builder services. PayAid Payments has raised $117.19 thousand across 1 funding round from investors including Varadhan Tanjore Raghavachari and Priya Jacob. The company has 7 employees. PayAid Payments was last valued at $8.43 million in December 2021. Its chief executive, as recorded, is Alka Mehta. Its Indian entity Payaid Payments Private Limited reported revenue of ₹3.54 Cr. PayAid Payments offers products and services including Payment Orchestration, Payment Routing, Payouts, DIY Website Builder, and Bill Payments API. Its focus areas include FinTech, Payments, Enablers and Payment Orchestration.
Company details
PayAid Payments was founded in 2020 in Hyderabad, India, within the fintech sector. An integrated platform is provided to unite various payment gateways and modes for businesses of all sizes. Services encompass payment orchestration, routing, bill payments, and website building, alongside API developer kits and cross-border payment solutions. Secure processing is facilitated through these integrations.
- Headquarters Hyderabad, India
- Employees 7
- Founders Alka Mehta, Phani Teja
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website payaidpayments.com
- Social LinkedIn X Facebook Instagram
- Legal Name Payaid Payments Private Limited
- Date of Incorporation 09 Dec, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹3.54 Cr
FY 2025 · +2077% YoY
- Net Profit₹13.2 Lakh
FY 2025 · 4% margin
- EBITDA₹19.8 Lakh
FY 2025 · 6% margin
- Total Equity Funding$117.19K (USD)
in 1 rounds
- Latest Funding Round$117.19K (USD), Angel Round
Dec 2021
- Employee Count7
Associated legal entities of PayAid Payments
PayAid Payments operates through Payaid Payments Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Payaid Payments Private Limited CIN U72900TG2020PTC146705 | Active | 09 Dec 2020 | Hyderabad, Telangana | ₹3.5 Cr | 7 | 2 | View details |
Products & Services of PayAid Payments
PayAid Payments offers a comprehensive portfolio of products and services, including Payment Orchestration, Payment Routing, Payouts, DIY Website Builder, and Bill Payments API.
Manages multiple payment gateways for seamless business transactions
Routes payments based on priority for higher success rates
Handles secure fund transfers to merchants and users
Enables easy creation of payment-enabled websites for businesses
Facilitates integration for accepting and processing bill payments online
Funding Insights of PayAid Payments
PayAid Payments has successfully raised a total of $117.19K through 1 strategic funding round. The most recent funding activity was a Angel Round of $117.19 thousand completed in December 2021. 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 $117,185
- Total Rounds 1
- Last Round Angel Round — $117,185
- First Round $117,185
(Dec 2021)
- Investors Count 2
All 1 funding rounds of PayAid Payments 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 |
|---|---|---|---|---|---|
| Dec 2021 | $117,185 | Angel Round | $8.43M | Varadhan Tanjore Raghavachari |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $8.43M | •••••••• |
Last known valuation $8.43M (Dec 2021). 2 investors in total: 0 institutional and 2 angel.
Investors in PayAid Payments
PayAid Payments has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Varadhan Tanjore Raghavachari and Priya Jacob.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VT Varadhan Tanjore Raghavachari | unknown_e69e1f9e82bd4aebb | |||
PJ Priya Jacob | unknown_8a5fb60f316e4bed9 |
Investor details for PayAid Payments
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Payaid Payments Private Limited (PayAid Payments)
Payaid Payments Private Limited is the primary company behind PayAid Payments. The board of Payaid Payments Private Limited currently have 2 directors; the longest-serving is Alka Krishnakant Mehta, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alka Krishnakant Mehta DIN 08990012 | Whole-time director | 09 Dec 2020 | 5 yrs 10 mo | Payaid Payments Private Limited |
| Jasty Phani Teja DIN 08990033 | Managing Director | 09 Dec 2020 | 5 yrs 10 mo | Payaid Payments Private Limited |
People of PayAid Payments
2 people are tracked at PayAid Payments (2 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for PayAid Payments
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PayAid Payments
Figures of Payaid Payments Private Limited, the primary company behind PayAid Payments, for FY 2025. Revenue was ₹3.54 Cr (+2077% year on year). Net profit was ₹13.2 Lakh (4% margin). EBITDA was ₹19.8 Lakh (6% margin). Revenue has grown at a compounded annual rate of +196% over three years.
- ₹3.54 CrRevenue · FY 2025 · +2077% YoY
- ₹13.2 LakhNet profit · 4% margin
- ₹19.8 LakhEBITDA · 6% margin
- ₹20.3 LakhPaid-up capital
- 7Employees (provident fund records)
- +196%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Payaid Payments Private Limited are on its company page.
Detailed financial statements for PayAid Payments
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of PayAid Payments
3 dated milestones of PayAid Payments across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PayAid Payments is founded.
- Funding First funding round of $117K.
- Milestone Reaches Minicorn status.
Web traffic of PayAid Payments
The website of PayAid Payments (payaidpayments.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 9.2% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as PayAid Payments (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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Frequently Asked Questions about PayAid Payments
PayAid Payments was founded in 2020 and raised its 1st funding round 1 year after it was founded.
PayAid Payments is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Alka Mehta is the CEO of PayAid Payments, as recorded in our data. They have also founded this company.
PayAid Payments is a funded company, having raised a total of $117.19K across 1 funding round to date. The company's 1st funding round was a Angel Round of $117.19K, raised on Dec 2021.
PayAid Payments has 7 employees.
The primary company behind PayAid Payments, Payaid Payments Private Limited, reported revenue of ₹3.54 Cr for FY 2025, up 2077% year on year.
PayAid Payments was founded in 2020 in Hyderabad, India, within the fintech sector. An integrated platform is provided to unite various payment gateways and modes for businesses of all sizes. Services encompass payment orchestration, routing, bill payments, and website building, alongside API developer kits and cross-border payment solutions. Secure processing is facilitated through these integrations.
PayAid Payments offers Payment Orchestration, Payment Routing, Payouts, DIY Website Builder, and Bill Payments API.
PayAid Payments has 2 investors. Key investors include Varadhan Tanjore Raghavachari, and Priya Jacob.
The valuation of PayAid Payments is $8.43M as of Dec 2021.
PayAid Payments operates through Payaid Payments Private Limited.
The legal entities of PayAid Payments currently have 2 directors, including Alka Krishnakant Mehta, Jasty Phani Teja.