About QPay India
QPay India is a company based in Chennai (India) founded in 2013 by Sarojben Shah, Manikandan PK, and Sivaprakash S. QPay India has raised $751.4 thousand across 5 funding rounds from investors including Chandralekha Shah, Vijay Patel and Subash Jani. QPay India offers products and services including Payment Gateway, QPayConnect, ECOMS Shiksha, and QPayREACH. QPay India operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Chennai, India
- Founders Sarojben Shah, Manikandan PK, Sivaprakash S
- Stage Minicorn
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Sectors
RetailFinancial Services
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Phone
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Website
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Social
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- Legal Name Qpay India Private Limited
- Date of Incorporation 14 Aug, 2013
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$38.42 K (USD)70.14as on Mar 31, 2023
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Net Profit
-$6.49 K (USD)71.65as on Mar 31, 2023
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EBITDA
-$8.61 K (USD)74.64as on Mar 31, 2023
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Total Equity Funding
$751.4 K (USD)
in 5 rounds
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Latest Funding Round
$12.51 K (USD), Angel Round
Jul 10, 2020
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Investors
& 9 more
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Employee Count
Not available
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Products & Services of QPay India
QPay India offers a comprehensive portfolio of products and services, including Payment Gateway, QPayConnect, ECOMS Shiksha, and QPayREACH.
Secure platform for online credit and debit card transactions.
Android app for flexible and easy payment handling.
System for simple online educational fee payments.
Tool for NBFCs to streamline EMI collection processes.
Funding Insights of QPay India
QPay India has successfully raised a total of $751.4K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $12.51 thousand completed in July 2020. 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 QPay India
QPay India has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Chandralekha Shah, Vijay Patel and Subash Jani.
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Chandralekha Shah |
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Vijay Patel |
Indian angel investor, entrepreneur, focused on tech startups and innovation.
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Subash Jani |
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Investor details for QPay India
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by QPay India
Investment portfolio details for QPay India
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - QPay India
Detailed financials for QPay India
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- Profit trends
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Qpay India Comparisons
Peer comparison for QPay India
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of QPay India
QPay India 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments and engagement solutions are offered for MSMEs.
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Digital payments are processed and managed via specialized solutions.
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Detailed competitors of QPay India
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Qpay India
Complete news archive for QPay India
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Frequently Asked Questions about QPay India
QPay India was founded in 2013 and raised its 1st funding round 2 years after it was founded.
QPay India is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
QPay India is a funded company, having raised a total of $751.4K across 5 funding rounds to date.
Annual revenue of QPay India is $38.42K as on Mar 31, 2023.
QPay India was founded in 2013 in Chennai, India, within the digital payments sector. An online payment gateway is operated for processing e-commerce transactions, with settlements made to merchants in t2 days. EMI options are extended to consumers, alongside fraud management tools, a mobile checkout platform, and reporting and analytics features. Operations focus on supporting merchants and users across India.
QPay India offers Payment Gateway, QPayConnect, ECOMS Shiksha, and QPayREACH.
QPay India has 10 investors. Key investors include Chandralekha Shah, Vijay Patel, Subash Jani, Sivaprakash S, and Dhirajlal Narbheshanker Jani.
The valuation of QPay India is $1.85M as of Jul 2020.