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§ Private Profile · New Delhi, Delhi, India
Fintech provider offering digital banking and payment solutions for businesses and individuals, with 100,000 Digi Kendras.
Instantpay India Limited, a Delhi, India-based fintech company, provides full-stack digital banking solutions, including payment gateways, core banking integrations, and analytics for collections, payments, and expenses for businesses and individuals. The company operates over 100,000 physical banking touchpoints (Digi Kendras) alongside its digital infrastructure. Instantpay has raised over $5.00 million in funding, with its last seed round in December 2016, and reported revenue exceeding ₹77.5 crore in FY24. With a team of 232 employees, its website recorded 324,000 unique visitors in the last 90 days. Key leaders include founders Shailendra Agarwal and Amol Sonbarse, along with co-founder Ajay Upadhyay. Instantpay India Limited was founded in 2013 by Shailendra Agarwal. Its business model centers on revenue-generating fintech through digital payment and banking services, not a bank but a technology provider.
Instantpay India Limited has raised $4.0M across 1 funding round.
Instantpay India Limited has raised $4.0M in total across 1 funding round.
Instantpay India Limited has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Pre-Series A in January 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 2, 2017 | $4M Seed Plus | — | Kaleden Holdings, RB Investments | Announced |
Instantpay India Limited has raised $4.0M in total across 1 funding round.
Instantpay India Limited's investors include Kaleden Holdings, RB Investments.