About TimePay
TimePay is a Retail company based in Mumbai (India) founded in 2017. It operates as an accounts receivable management software is offered to businesses. It operates in the Retail and Technology sectors. The company has 113 employees. Its focus areas include In Store Retail Tech, Store Operations Management, Billing and Accounting and Enterprise Applications. Its legal entity in India is Sunyam Labs Llp (AAN-8695). Its competitors include Box, Billtrust, Paymentus, SumUp and Vyapar and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
TimePay was founded in 2017 and is headquartered in Mumbai, India. Accounts receivable management software is provided for businesses in the financial services sector. Solutions include payment reminders, customer management, reconciliation, and reporting features. The software operates on a subscription model, supporting operational efficiency in invoice handling and collections.
- Headquarters Mumbai, India
- Employees 113
- SectorsRetailTechnology
- Email••••••••
- Phone•••• ••••
- Website timepay.co.in/index.html
- Social LinkedIn X Facebook
- Legal Name Sunyam Labs Llp
- Date of Incorporation 28 Dec, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Investors
- Employee Count113
Associated legal entities of TimePay
TimePay is associated with 3 registered companies on The Company Check; the primary company is Sunyam Labs Llp. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sunyam Labs Llp CIN AAN-8695 | Converted To Cmp And Dissolved | 28 Dec 2018 | Mumbai, Maharashtra | – | – | 2 | View details |
| Sunyam Technologies Private Limited CIN U74999MH2019PTC333509 | Converted To Llp | 22 Nov 2019 | Mumbai, Maharashtra | ₹0.2 Cr | – | – | View details |
| Indusage Techapp Private Limited CIN U74110KA2020PTC132436 | Active | 07 Feb 2020 | Bangalore, Karnataka | ₹90.3 Cr | 47 | 3 | View details |
Funding Insights of TimePay
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of TimePay 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 |
|---|---|---|---|---|---|
| Jul 2019 | – | Seed | – | Axilor Accelerator | – |
1 investors in total: 1 institutional.
Investors in TimePay
TimePay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axilor Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech startups are supported via VC-backed acceleration programs. | – | axilor.com/accelerator | Bengaluru, India |
Investor details for TimePay
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 Sunyam Labs Llp (TimePay)
Sunyam Labs Llp is the primary company behind TimePay. The boards of the 2 registered companies of TimePay currently have 4 directors; the longest-serving is Pawan Narayan Bindal, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pawan Narayan Bindal DIN 08316214 | Designated Partner | 28 Dec 2018 | 7 yrs 9 mo | Sunyam Labs Llp |
| Animesh Sunil Kejriwal DIN 02078697 | Designated Partner | 28 Dec 2018 | 7 yrs 9 mo | Sunyam Labs Llp |
| Shilpa Sreenivasa Reddy DIN 10602013 | Director | 24 Apr 2024 | 2 yrs 5 mo | Indusage Techapp Private Limited |
| Shivendra Vikram Srinet DIN 10624282 | Director | 15 May 2024 | 2 yrs 5 mo | Indusage Techapp Private Limited |
Timeline of TimePay
2 dated milestones of TimePay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TimePay is founded.
- Funding First funding round.
Competitors of TimePay
TimePay has 10 listed competitors in our database, 10 of them funded. They include Box, Billtrust, Paymentus, SumUp and Vyapar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| box.com | 2005 | Redwood, United States | $692.63M | – | AI-based platform for secure collaboration and content management is utilized. | |
| billtrust.com | 2001 | Hamilton Township, United States | $105M | – | Invoice and payment management solutions are offered for small businesses. | |
| paymentus.com | 2004 | Atlanta, United States | $23.6M | 1,273 | Comprehensive billing and payment solution provider | |
| sumup.com | 2012 | London, United Kingdom | $996.66M | – | Provider of mPOS solution and card reader for offline retailers | |
| vyaparapp.in | 2016 | Bengaluru, India | $35.89M | 1,155 | Cloud-based invoicing and inventory tools for small businesses are provided. | |
| pipefy.com | 2015 | San Francisco, United States | $148.74M | – | SaaS-based workflow and task management solution provider | |
| zapier.com | 2011 | San Francisco, United States | $2.68M | – | No-code automation and AI tools are provided for workflow integration. | |
| paystand.com | 2013 | San Francisco, United States | $77M | 46 | Payment processing for bitcoin, e-checks, and credit cards is facilitated. | |
| invoice.2go.com | 2002 | Palo Alto, United States | $60M | 28 | An app-based invoicing solution is provided for small businesses. | |
| formstack.com | 2006 | Indianapolis, United States | $425M | 143 | Cloud-based workflow automation is provided for enterprise productivity. |
Detailed competitors of TimePay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as TimePay (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 576 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | 2,684 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Uusimaa, Finland | USD 816.41 M | USD 247.75 M | 2,302 |
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Frequently Asked Questions about TimePay
TimePay was founded in 2017 and raised its 1st funding round 2 years after it was founded.
TimePay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
TimePay has 113 employees.
TimePay was founded in 2017 and is headquartered in Mumbai, India. Accounts receivable management software is provided for businesses in the financial services sector. Solutions include payment reminders, customer management, reconciliation, and reporting features. The software operates on a subscription model, supporting operational efficiency in invoice handling and collections.
TimePay has 1 investor. Key investors include Axilor Accelerator.
TimePay is associated with 3 legal entities: Sunyam Labs Llp, Indusage Techapp Private Limited, Sunyam Technologies Private Limited.
The legal entities of TimePay currently have 5 directors, including Pawan Narayan Bindal, Animesh Sunil Kejriwal, Ankita Galhotra and others.