About Paytail
Paytail is a Retail company based in Gurugram (India) founded in 2020 by Amit Kumar Chaturvedi. Finance and e-commerce solutions are enabled via instant EMI loans. It operates in the Retail and Financial Services sectors. Paytail has raised $1.78 million across 2 funding rounds from investors including Cholamandalam Investment and Finance Company, Amit Hooja and Amit Jain. The company has 45 employees. Paytail was last valued at $8.12 million in September 2021. Its Indian entity Paytail Commerce Private Limited reported revenue of ₹21.39 Cr. Paytail offers products and services including Potatoes and Grain Marketing. Its focus areas include In Store Retail Tech, Purchase Financing, Shopper and FinTech.
Company details
Paytail was founded in 2020 in Gurugram, India, as a platform in the fintech and e-commerce sector. Instant EMI loans are provided to users for purchases from partner merchants. Multiple payment methods, including cards, net banking, wallets, and UPI, are accepted by businesses. EMI plans are offered to customers to facilitate transactions. Operations focus on integrating financial services with online retail.
- Headquarters Gurugram, India
- Employees 45
- Founders Amit Kumar Chaturvedi
- Stage Minicorn
- SectorsRetailFinancial Services
- Email••••••••
- Phone•••• ••••
- Website paytail.com
- Social LinkedIn X Facebook
- Legal Name Paytail Commerce Private Limited
- Date of Incorporation 07 Sep, 2020
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹21.39 Cr
FY 2023 · +713% YoY
- Net Loss-₹20.58 Cr
FY 2023 · -96% margin
- EBITDA-₹19.47 Cr
FY 2023 · -91% margin
- Total Equity Funding$1.78M (USD)
in 2 rounds
- Latest Funding Round$1.53M (USD), Seed
Sep 2021
- Investors
- Employee Count45
Associated legal entities of Paytail
Paytail operates through Paytail Commerce Private Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paytail Commerce Private Limited CIN U72900HR2020PTC089043 | Under Cirp | 07 Sep 2020 | Gurgaon, Haryana | ₹21.4 Cr | 45 | 5 | View details |
Products & Services of Paytail
Paytail offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold by Paytail for food and industrial purposes
Grains are promoted and distributed by Paytail from various farms
Funding Insights of Paytail
Paytail has successfully raised a total of $1.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.53 million completed in September 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 $1.78M
- Total Rounds 2
- Last Round Seed — $1.53M
- First Round $246,322
(Mar 2021)
- Investors Count 6
All 2 funding rounds of Paytail 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 |
|---|---|---|---|---|---|
| Sep 2021 | $1.53M | Seed | $8.12M | Cholamandalam Investment and Finance Company | |
| Mar 2021 | $246,322 | Angel Round | – | Amit Jain, Amit Hooja |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $8.12M | •••••••• |
Last known valuation $8.12M (Sep 2021). 6 investors in total: 1 institutional and 5 angel.
Investors in Paytail
Paytail has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Cholamandalam Investment and Finance Company, Amit Hooja and Amit Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Home and SME loans are provided in India. | 1978 | cholamandalam.com | Chennai, India | |
AH Amit Hooja | unknown_02e9170a8f0446e89 | |||
AJ Amit Jain | CEO of CarDekho, prominent angel investor in Indian startups | unknown_5267cc9273bc45799 | ||
SG Sahil Goel | unknown_96d48d9d7d8b48f38 | |||
VG Vikas Garg | Co-founder of Paytm, active angel investor in Indian startups | unknown_99aa663e570c4980a | ||
AK Amit Kumar Chaturvedi | unknown_207ea27743fd4c8ab |
Investor details for Paytail
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 Paytail Commerce Private Limited (Paytail)
Paytail Commerce Private Limited is the primary company behind Paytail. The board of Paytail Commerce Private Limited currently have 5 directors; the longest-serving is Vikas Garg, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Garg DIN 09003204 | Whole-time director | 23 Dec 2020 | 5 yrs 10 mo | Paytail Commerce Private Limited |
| Amit Kumar Chaturvedi DIN 09003148 | Whole-time director | 23 Dec 2020 | 5 yrs 10 mo | Paytail Commerce Private Limited |
| Balraj Menon Choorathil DIN 07952491 | Nominee Director | 25 Sep 2021 | 5 yrs 1 mo | Paytail Commerce Private Limited |
| Manisha Rawat DIN 07273811 | IRP/RP/Liquidator | 03 Sep 2024 | 2 yrs 1 mo | Paytail Commerce Private Limited |
| Manindra Kumar Tiwari DIN 03158589 | IRP/RP/Liquidator | 12 Nov 2024 | 1 yr 11 mo | Paytail Commerce Private Limited |
People of Paytail
3 people are tracked at Paytail (1 in leadership, 2 in team); the tracked headcount is 45.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Nuneti Venkatesh | Area Sales Manager | Team |
Mohit Gupta | Assistant Manager | Team |
Complete people profiles for Paytail
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 Paytail
Figures of Paytail Commerce Private Limited, the primary company behind Paytail, for FY 2023. Revenue was ₹21.39 Cr (+713% year on year). Net loss was -₹20.58 Cr (-96% margin). EBITDA was -₹19.47 Cr (-91% margin).
- ₹21.39 CrRevenue · FY 2023 · +713% YoY
- -₹20.58 CrNet loss · -96% margin
- -₹19.47 CrEBITDA · -91% margin
- ₹16.9 LakhPaid-up capital
- 45Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Paytail Commerce Private Limited are on its company page.
Detailed financial statements for Paytail
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 Paytail
4 dated milestones of Paytail across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Paytail is founded.
- Funding First funding round of $246K.
- Funding Latest funding round, Seed, of $1.5M.
- Milestone Reaches Minicorn status.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as Paytail (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | ||
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Platform powering online and in-store retail operations using AI-driven tools | 2012 | Mumbai, Maharashtra, India | USD 16.02 M | USD 43.86 M | 851 |
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
Related news about Paytail
Complete news archive for Paytail
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 Paytail
Paytail was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Paytail is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Paytail is a funded company, having raised a total of $1.78M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $246.32K, raised on Mar 2021.
Paytail has 45 employees.
The primary company behind Paytail, Paytail Commerce Private Limited, reported revenue of ₹21.39 Cr for FY 2023, up 713% year on year.
Paytail was founded in 2020 in Gurugram, India, as a platform in the fintech and e-commerce sector. Instant EMI loans are provided to users for purchases from partner merchants. Multiple payment methods, including cards, net banking, wallets, and UPI, are accepted by businesses. EMI plans are offered to customers to facilitate transactions. Operations focus on integrating financial services with online retail.
Paytail offers Potatoes and Grain Marketing.
Paytail has 6 investors. Key investors include Cholamandalam Investment and Finance Company, Amit Hooja, Amit Jain, Sahil Goel, and Vikas Garg.
The valuation of Paytail is $8.12M as of Sep 2021.
Paytail operates through Paytail Commerce Private Limited.
The legal entities of Paytail currently have 5 directors, including Balraj Menon Choorathil, Manisha Rawat, Vikas Garg and others.