About Superpay
Superpay is a Technology company based in Mumbai (India) founded in 2017 by Uday Wagh and Narahari Rao. App-based payment platform for individuals. It operates in the Technology and Financial Services sectors. Superpay has raised $59.8 thousand across 3 funding rounds from investors including Techstars, Mukund Rao and Vijay Lodha. Superpay was last valued at $277.04 thousand in April 2020. Its chief executive, as recorded, is Uday Wagh. Its Indian entity Chintamoney Fintech Private Limited reported revenue of ₹8.4 Lakh. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include Paytm, PhonePe and MobiKwik; 3 of its 3 listed competitors have raised funding.
Company details
Superpay was established in 2017 in Mumbai, India, as a fintech platform focused on digital payments. UPI-based transactions are supported for merchant payments and peer-to-peer money transfers among users. Mobile recharge services are offered, including value packs for caller tunes, unlimited data, and DND activation. The Android app serves as the primary interface for these operations in the Indian market.
- Headquarters Mumbai, India
- Founders Uday Wagh, Narahari Rao
- SectorsTechnologyFinancial Services
- Email••••••••
- Website superpay.money
- Social LinkedIn X Facebook
- Legal Name Chintamoney Fintech Private Limited
- Date of Incorporation 11 Oct, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹8.4 Lakh
FY 2024 · +2532% YoY
- Net Loss-₹10,936
FY 2024 · -1% margin
- EBITDA₹6.7 Lakh
FY 2024 · 79% margin
- Total Equity Funding$59.8K (USD)
in 3 rounds
- Latest Funding Round$19.5K (USD), Seed
Apr 2020
- InvestorsTechstars
& 4 more
Associated legal entities of Superpay
Superpay operates through Chintamoney Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chintamoney Fintech Private Limited CIN U72900KA2017PTC107087 | Active | 11 Oct 2017 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Funding Insights of Superpay
Superpay has successfully raised a total of $59.8K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $19.5 thousand completed in April 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.
- Total Funding $59,800
- Total Rounds 3
- Last Round Seed — $19,500
- First Round $24,600
(Mar 2018)
- Investors Count 5
All 3 funding rounds of Superpay 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 |
|---|---|---|---|---|---|
| Apr 2020 | $19,500 | Seed | $277,040 | Techstars | – |
| Aug 2019 | $15,700 | Seed | $266,072 | Startupbootcamp | – |
| Mar 2018 | $24,600 | Angel Round | $••••• | Mukund Rao, Vijay Lodha | – |
Last known valuation $277,040 (Apr 2020). 5 investors in total: 2 institutional and 3 angel.
Investors in Superpay
Superpay has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, Mukund Rao and Vijay Lodha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Tech focused global accelerator firm | startupbootcamp.org | London, United Kingdom | ||
MR Mukund Rao | unknown_93dab72c34e040009 | |||
VL Vijay Lodha | unknown_af2444cd846340deb | |||
SC Shazaad Chinoy | unknown_a4bf96a0b50046d2a |
Investor details for Superpay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Chintamoney Fintech Private Limited (Superpay)
Chintamoney Fintech Private Limited is the primary company behind Superpay. The board of Chintamoney Fintech Private Limited currently have 2 directors; the longest-serving is Narahari Prahlad Rao, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narahari Prahlad Rao DIN 07890504 | Director | 11 Oct 2017 | 9 yrs | Chintamoney Fintech Private Limited |
| Uday Hemant Wagh DIN 07693764 | Director | 11 Oct 2017 | 9 yrs | Chintamoney Fintech Private Limited |
People of Superpay
2 people are tracked at Superpay (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Superpay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Superpay
Figures of Chintamoney Fintech Private Limited, the primary company behind Superpay, for FY 2024. Revenue was ₹8.4 Lakh (+2532% year on year). Net loss was -₹10,936 (-1% margin). EBITDA was ₹6.7 Lakh (79% margin). Revenue has grown at a compounded annual rate of +9% over three years and +104% over five years.
- ₹8.4 LakhRevenue · FY 2024 · +2532% YoY
- -₹10,936Net loss · -1% margin
- ₹6.7 LakhEBITDA · 79% margin
- ₹16,226Paid-up capital
- +9%Revenue CAGR, 3 years
- +104%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Chintamoney Fintech Private Limited are on its company page.
Detailed financial statements for Superpay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Superpay
3 dated milestones of Superpay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Superpay is founded.
- Funding First funding round of $25K.
- Funding Latest funding round, Seed, of $20K.
Competitors of Superpay
Superpay has 3 listed competitors in our database, 3 of them funded. They include Paytm, PhonePe and MobiKwik.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. | |
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments |
Detailed competitors of Superpay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Superpay (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Superpay
Complete news archive for Superpay
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Frequently Asked Questions about Superpay
Superpay was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Superpay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Uday Wagh is the CEO of Superpay, as recorded in our data. They have also founded this company.
Superpay is a funded company, having raised a total of $59.8K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $24.6K, raised on Mar 2018.
The primary company behind Superpay, Chintamoney Fintech Private Limited, reported revenue of ₹8.4 Lakh for FY 2024, up 2532% year on year.
Superpay was established in 2017 in Mumbai, India, as a fintech platform focused on digital payments. UPI-based transactions are supported for merchant payments and peer-to-peer money transfers among users. Mobile recharge services are offered, including value packs for caller tunes, unlimited data, and DND activation. The Android app serves as the primary interface for these operations in the Indian market.
Superpay has 5 investors. Key investors include Techstars, Mukund Rao, Vijay Lodha, Shazaad Chinoy, and Startupbootcamp.
The valuation of Superpay is $277.04K as of Apr 2020.
Superpay operates through Chintamoney Fintech Private Limited.
The legal entities of Superpay currently have 2 directors, including Narahari Prahlad Rao, Uday Hemant Wagh.