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§ Private Profile · Mumbai, Maharashtra, India
Fintech SaaS platform providing B2B spends management, corporate cards, accounts payable, receivable, and payment solutions for businesses in India.
EnKash is a Mumbai, India-based financial technology company that provides an integrated business-to-business spend management, corporate card issuance, and payment gateway platform. The software-as-a-service enterprise currently serves over 100,000 small and medium-sized commercial businesses by digitizing and automating their accounts payable, receivable, and expense tracking workflows. Operating with a total workforce of approximately 150 employees, the firm monetizes its operations through transaction fees, subscription models, and specialized corporate finance services. To support its ongoing market expansion, EnKash raised $20 million in a Series B funding round backed by prominent venture capital investors including Ascent Capital, Baring India, Mayfield India, and Axilor Ventures. Furthermore, the organization holds regulatory authorizations from the Reserve Bank of India for Payment Aggregator and Prepaid Payment Instrument licenses. The company was founded in 2018 by Hemant Vishnoi, Naveen Bindal, and Yadvendra Tyagi.
EnKash has raised $20.0M across 1 funding round.
EnKash has raised $20.0M in total across 1 funding round.
EnKash has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series B in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 4, 2022 | $20M Series B | Subhasis Majumder | Axilor Ventures, Baring Private Equity India, Mayfield India, White Venture Capital | Announced |
EnKash has raised $20.0M in total across 1 funding round.
EnKash's investors include Subhasis Majumder, Axilor Ventures, Baring Private Equity India, Mayfield India, White Venture Capital.