About PayVEDA
PayVEDA is a company based in Noida (India) founded in 2019 by Prateek Vohra. PayVEDA has raised $11.5 million across 1 funding round from investors including Sphiticap. PayVEDA operates in a competitive market with competitors including Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
- Headquarter Noida, India
- Founders Prateek Vohra
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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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- Legal Name Indartu Technologies Private Limited
- Date of Incorporation 20 Sep, 2019
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
Not available
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Net Profit
-$4.32 K (USD)0as on Mar 31, 2022
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EBITDA
-$3.99 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$11.5 M (USD)
in 1 rounds
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Latest Funding Round
$11.5 M (USD), Series A
Oct 31, 2022
- Investors
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Employee Count
Not available
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Funding Insights of PayVEDA
PayVEDA has successfully raised a total of $11.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.5 million completed in October 2022. 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 PayVEDA
PayVEDA has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sphiticap.
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Venture capital investment in fintech, cleantech, agritech and logistics startups
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Investor details for PayVEDA
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Investments & Acquisitions by PayVEDA
Investment portfolio details for PayVEDA
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Financial Statements - PayVEDA
Detailed financials for PayVEDA
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Payveda Comparisons
Peer comparison for PayVEDA
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Competitors of PayVEDA
PayVEDA 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 Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Loans for consumers and SMEs are provided alongside financial services.
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Digital financial and retail services are provided via agent networks.
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Provider of financial technology solutions for inclusive lending
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Digital payment and banking service provider in rural areas
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Digital payment and banking services are facilitated via retail partnerships.
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Tech-enabled financial and e-commerce services are delivered via retail outlets.
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Detailed competitors of PayVEDA
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Latest news on Payveda
Complete news archive for PayVEDA
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Frequently Asked Questions about PayVEDA
PayVEDA was founded in 2019 and raised its 1st funding round 3 years after it was founded.
PayVEDA is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
PayVEDA is a funded company, having raised a total of $11.5M across 1 funding round to date.
Provider of AEPS, money transfer, bill payment, and travel booking services. It facilitates money transfers, cash withdrawals, and bill payments through a single platform. It offers services such as travel ticket booking for trains, buses, and flights, along with insurance products including life, health, and vehicle coverage. Additionally, it provides PAN card services and facilitates opening bank accounts. The company focuses on enabling retailers to offer banking and financial services to their customers.
PayVEDA's top competitors include Pay Point India, Spice Money and Kaleidofin.
PayVEDA has 1 investor. Key investors include Sphiticap.