About PayMeIndia
PayMeIndia is a company based in Noida (India) founded in 2016 by Mahesh Shukla and Sandeep Singh. PayMeIndia has raised $2 million across 3 funding rounds from investors including Pramod Singhal, Shashank Sharma and Alok Garodia. PayMeIndia offers products and services including Personal Loan, Short Term Loan, Empowerment Loan, MSME Loan, and Credit Assist. PayMeIndia operates in a competitive market with competitors including Kissht, axio, Branch, Stashfin and Finnable, among others.
- Headquarter Noida, India
- Founders Mahesh Shukla, Sandeep Singh
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
& 4 more
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Employee Count
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Products & Services of PayMeIndia
PayMeIndia offers a comprehensive portfolio of products and services, including Personal Loan, Short Term Loan, Empowerment Loan, MSME Loan, and Credit Assist.
Provides quick funding for personal needs through digital application
Offers temporary financial aid for immediate requirements
Targets specific groups like women for accessible borrowing options
Supports small businesses with fast loan disbursements
Helps users improve and monitor their credit scores online
Facilitates loans tied to mutual fund investments for growth
People of PayMeIndia
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Funding Insights of PayMeIndia
PayMeIndia has successfully raised a total of $2M across 3 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 PayMeIndia
PayMeIndia has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Pramod Singhal, Shashank Sharma and Alok Garodia.
| Investor | Description | Founded Year | Domain | Location |
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Pramod Singhal |
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Shashank Sharma |
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Alok Garodia |
Angel investor and entrepreneur, focused on tech startups in India.
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Investor details for PayMeIndia
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PayMeIndia
Investment portfolio details for PayMeIndia
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - PayMeIndia
Detailed financials for PayMeIndia
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- Historical revenue
- Profit trends
- Statement rows
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Paymeindia Comparisons
Peer comparison for PayMeIndia
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of PayMeIndia
PayMeIndia 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 Kissht, axio, Branch, Stashfin and Finnable, among others.
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Personal, business, and property loans are provided by Kissht.
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An online lending platform for point-of-sale financing is provided.
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Branch is focused on providing faster workforce payment solutions.
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Digital lending and instant credit lines are provided to individuals.
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Online personal loans with minimal documentation are offered digitally.
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Loans, credit cards, gold investments, insurance, and UPI are provided.
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Detailed competitors of PayMeIndia
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Latest news on Paymeindia
Complete news archive for PayMeIndia
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Frequently Asked Questions about PayMeIndia
PayMeIndia was founded in 2016 and raised its 1st funding round 2 years after it was founded.
PayMeIndia is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
PayMeIndia is a funded company, having raised a total of $2M across 3 funding rounds to date.
PayMeIndia was established in 2016 in Noida, India, within the fintech sector. An online platform is operated to facilitate personal loan applications from corporate employees, with approvals determined by social scores, credit scores, employment records, and KYC verification. Borrowers are linked to various lending partners for selection of loan options based on interest rates and repayment terms. Access is provided via a mobile app compatible with Android and iOS systems.
PayMeIndia's top competitors include Stashfin, Money View and axio.
PayMeIndia offers Personal Loan, Short Term Loan, Empowerment Loan, MSME Loan, and 2 more products and services.
PayMeIndia has 5 investors. Key investors include Pramod Singhal, Shashank Sharma, Alok Garodia, Rishi Bhasin, and Rajiv Punater.