About Swipez
Swipez is a Technology company based in Pune (India) founded in 2014, and was acquired by Briq in September 2022. Cloud-based billing and payments solutions are offered to businesses. It operates in the Technology and Financial Services sectors. Swipez has raised $220.98 thousand across 2 funding rounds from investors including Anicut Capital, 100Unicorns and Briq. Swipez was last valued at $1.04 million in December 2020. Its website swipez.in draws about 38 thousand monthly visits. Its Indian entity Opus Net Private Limited reported revenue of ₹42.3 Lakh. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.
Company details
Swipez was founded in 2014 in Pune, India, operating in the fintech sector. Cloud-based tools for billing and payments are supplied to businesses, covering expense management, payouts processing, invoice handling, and related functions. Additional services encompass venue booking oversight, payments division, and GST compliance filing. Focus remains on supporting operational needs across Indian enterprises.
- Annual Revenue₹42.3 Lakh
FY 2021 · -34% YoY
- Net Loss-₹25 Lakh
FY 2021 · -59% margin
- EBITDA-₹20 Lakh
FY 2021 · -47% margin
- Total Equity Funding$220.98K (USD)
in 2 rounds
- Latest Funding Round$200K (USD), Seed
Dec 2020
- InvestorsAnicut Capital
& 7 more
- Acquired byBriq
(Sep 2022)
Associated legal entities of Swipez
Swipez is associated with 3 registered companies on The Company Check; the primary company is Opus Net Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Opus Net Private Limited CIN U74120MH2013PTC248121 | Active | 12 Sep 2013 | Mumbai, Maharashtra | ₹0.4 Cr | 2 | View details | |
| Telesto Infrastructure Private Limited CIN U45201BR2016PTC032275 | Active | 16 Aug 2016 | Patna, Bihar | ₹2.4 Cr | 101 | 2 | View details |
| Aaba Pay Private Limited CIN U74999MH2022PTC374850 | Active | 13 Jan 2022 | Thane, Maharashtra | ₹0.9 Cr | 2 | View details |
Apps and channels of Swipez
its YouTube channel Swipez has 126 subscribers and 30 videos.
Videos from Swipez
The most watched videos on Swipez's YouTube channel, Swipez (126 subscribers). Click a video to play it here.
More on Swipez.
Funding Insights of Swipez
Swipez has successfully raised a total of $220.98K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in December 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 $220,976
- Total Rounds 2
- Last Round Seed — $200,000
- First Round $20,976
(Feb 2019)
- Investors Count 7
All 2 funding rounds of Swipez 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 |
|---|---|---|---|---|---|
| Dec 2020 | $200,000 | Seed | $1.04M | Anicut Capital | |
| Feb 2019 | $20,976 | Angel Round | $683,857 | Ashish Jain |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2020 | $1.04M | •••••••• |
Last known valuation $1.04M (Dec 2020). 8 investors in total: 3 institutional and 5 angel.
Investors in Swipez
Swipez has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Anicut Capital, 100Unicorns and Briq.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
SB Sanjiv Bajaj | unknown_c9fdd0c2363b4436b | |||
AC Ashvin Chadha | Angel investor, co-founder of Anicut Capital, focused on early-stage startups | unknown_6a0f865613924f08a | ||
HK Harsh Khanna | unknown_443317d529754f87b | |||
AJ Ashish Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_089412ebdde64324a | ||
RN Ratish Nair | Co-founder of Interactive Avenues, active angel investor in Indian startups | unknown_b3f19a2aae7842849 | ||
Briq is recognized for developing autonomous work platforms. | 2018 | briq.com | Santa Barbara, United States |
Investor details for Swipez
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 Opus Net Private Limited (Swipez)
Opus Net Private Limited is the primary company behind Swipez. The boards of the 3 registered companies of Swipez currently have 6 directors; the longest-serving is Vaidyanath Sundaram Iyer, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaidyanath Sundaram Iyer DIN 06624975 | Director | 12 Sep 2013 | 13 yrs 1 mo | Opus Net Private Limited |
| Shuhaid Abdul Razak Lambe DIN 06624426 | Director | 12 Sep 2013 | 13 yrs 1 mo | Opus Net Private Limited |
| Shailendra Kumar Yadav DIN 07461339 | Director | 16 Aug 2016 | 10 yrs 2 mo | Telesto Infrastructure Private Limited |
| Reshami Devi DIN 06965410 | Director | 16 Aug 2016 | 10 yrs 2 mo | Telesto Infrastructure Private Limited |
| Mohammed Sarfaraz Salim Makwana DIN 09466749 | Director | 13 Jan 2022 | 4 yrs 9 mo | Aaba Pay Private Limited |
| Saira Banu Salim Makwana DIN 09466750 | Director | 13 Jan 2022 | 4 yrs 9 mo | Aaba Pay Private Limited |
People of Swipez
2 people are tracked at Swipez (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-founder, Operations & Technology Lead | Leadership | |
harish chandra | Business Development Specialist | Team |
Complete people profiles for Swipez
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Swipez
Figures of Opus Net Private Limited, the primary company behind Swipez, for FY 2021. Revenue was ₹42.3 Lakh (-34% year on year). Net loss was -₹25 Lakh (-59% margin). EBITDA was -₹20 Lakh (-47% margin). Revenue has grown at a compounded annual rate of +24% over three years and -2% over five years.
- ₹42.3 LakhRevenue · FY 2021 · -34% YoY
- -₹25 LakhNet loss · -59% margin
- -₹20 LakhEBITDA · -47% margin
- ₹1.2 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Opus Net Private Limited are on its company page.
Detailed financial statements for Swipez
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Swipez
5 dated milestones of Swipez across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Swipez is founded.
- Funding First funding round of $21K.
- Funding Latest funding round, Seed, of $200K.
- Milestone Reaches Minicorn status.
- Exit Acquired by Briq.
Competitors of Swipez
Swipez has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed competitors of Swipez
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- Full competitor set
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Web traffic of Swipez
The website of Swipez (swipez.in) receives about 37.5K visits a month.
- Monthly visits37.5K
▼ 19.6% vs previous month
Websites whose visitors overlap most with Swipez. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
eformz.in | eformz.in | 100% | #5,331,178 | – | |
| mach1broadband.com | 99% | 18.6K | #1,235,456 | View details | |
| enalo.in | 99% | 13K | #1,980,743 | View details | |
| enkash.com | 88% | 67.3K | #469,416 | View details | |
| tripleplay.in | 85% | 48.7K | #595,747 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Swipez
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- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Swipez
Complete news archive for Swipez
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Frequently Asked Questions about Swipez
Swipez was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Swipez is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Swipez is a funded company, having raised a total of $220.98K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $20.98K, raised on Feb 2019.
The primary company behind Swipez, Opus Net Private Limited, reported revenue of ₹42.3 Lakh for FY 2021, down 34% year on year.
Swipez was founded in 2014 in Pune, India, operating in the fintech sector. Cloud-based tools for billing and payments are supplied to businesses, covering expense management, payouts processing, invoice handling, and related functions. Additional services encompass venue booking oversight, payments division, and GST compliance filing. Focus remains on supporting operational needs across Indian enterprises.
Swipez has 8 investors. Key investors include Anicut Capital, 100Unicorns, Briq, Sanjiv Bajaj, and Ashvin Chadha.
The valuation of Swipez is $1.04M as of Dec 2020.
Swipez is associated with 3 legal entities: Opus Net Private Limited, Telesto Infrastructure Private Limited, Aaba Pay Private Limited.
Yes. Swipez was acquired by Briq in September 2022.
The legal entities of Swipez currently have 6 directors, including Shailendra Kumar Yadav, Reshami Devi, Vaidyanath Sundaram Iyer and others.