YPay Card

Bareilly, India Founded: 2017 • Age: 9 yrs
Payment cards for teens are issued to manage personal spending.
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About YPay Card

YPay Card is a company based in Bareilly (India) founded in 2017.. YPay Card has raised $666.67 thousand across 4 funding rounds from investors including Venture Catalysts, We Founder Circle and Amit Tyagi. The company has 51 employees as of April 08, 2024. YPay Card operates in a competitive market with competitors including Greenlight, FamApp, Junio, Funngro and Pencilton, among others.

  • Headquarter Bareilly, India
  • Employees 51 as on 08 Apr, 2024
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bitoodle Online Services Private Limited
  • Date of Incorporation 08 Sep, 2017
  • Jurisdiction Bareilly, Uttar Pradesh, India
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $225.37 K (USD)
    10.18
    as on Mar 31, 2023
  • Net Profit
    $-568.62 K (USD)
    -166.67
    as on Mar 31, 2023
  • EBITDA
    $-561.32 K (USD)
    -165.41
    as on Mar 31, 2023
  • Total Equity Funding
    $666.67 K (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    51

    as on Apr 08, 2024

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Funding Insights of YPay Card

YPay Card has successfully raised a total of $666.67K across 4 strategic funding rounds. 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
  • Total Rounds 4
  • Last Round
  • First Round

    (23 Dec 2020)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Seed - YPay Card Valuation

investors

Aug, 2021 Amount Seed - YPay Card Valuation We Founder Circle
Mar, 2021 Amount Seed - YPay Card Valuation

investors

GSV
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in YPay Card

YPay Card has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, We Founder Circle and Amit Tyagi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment in early-stage startups and global community support.
Founded Year Domain Location
Venture capital firm focused on early-stage companies
Founded Year Domain Location
Early-stage startup ecosystem is supported by Venture Catalysts in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by YPay Card

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - YPay Card

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ypay Card Comparisons

Employees
+
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Competitors of YPay Card

YPay Card 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 Greenlight, FamApp, Junio, Funngro and Pencilton, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App-based investment platform for kids and teens is operated.
domain founded_year HQ Location
FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
domain founded_year HQ Location
Provider of a digital payment platform that offers a prepaid RuPay powered smartcard designed for students to manage their day-to-day online and offline expenses, track spending, and earn rewards
domain founded_year HQ Location
Earning platform for youngsters is provided via project-based freelancing.
domain founded_year HQ Location
An app-based platform offering prepaid card services for users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ypay Card

Frequently Asked Questions about YPay Card

When was YPay Card founded?

YPay Card was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is YPay Card located?

YPay Card is headquartered in Bareilly, India. It is registered at Bareilly, Uttar Pradesh, India.

Is YPay Card a funded company?

YPay Card is a funded company, having raised a total of $666.67K across 4 funding rounds to date.

How many employees does YPay Card have?

As of Apr 08, 2024, the latest employee count at YPay Card is 51.

What is the annual revenue of YPay Card?

Annual revenue of YPay Card is $225.37K as on Mar 31, 2023.

What does YPay Card do?

Founded in 2017 in Bareilly, India, YPay Card operates in the fintech sector, focusing on payment solutions for teenagers. Multipurpose smart cards are provided for school-related functions, including attendance tracking, fee payments, library access, and vendor transactions. An app-based platform is available on Android and iOS for money management, fund transfers, online payments, and e-commerce use. Operations extend to co-branding with educational institutions and nearby markets.

Who are the top competitors of YPay Card?

YPay Card's top competitors include FamApp, Greenlight and Junio.

Who are YPay Card's investors?

YPay Card has 7 investors. Key investors include Venture Catalysts, We Founder Circle, Amit Tyagi, Gaurav Juneja, and Ravi Gupta.

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