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PayMate (India)

Description

Provider of wireless transactions platform. The company offers SMS based payment service, which allows customers to use their mobile phones as their credit or debit card to make payments online, over the phone, across the counter, or from anywhere, as well as creates a viable ecosystem that enables wireless transactions connecting banks, switches, merchants, and customers. It is accepted at various merchants, which include online portals, voice portals, travel services, utilities, retail outlets, and restaurants.

2006

Founded

PRIVATE

Status

51-200

Employees

2ndary - Private

Latest Deal Type

$14M

Total Amount Raised

2

Investors

Description

Provider of wireless transactions platform. The company offers SMS based payment service, which allows customers to use their mobile phones as their credit or debit card to make payments online, over the phone, across the counter, or from anywhere, as well as creates a viable ecosystem that enables wireless transactions connecting banks, switches, merchants, and customers. It is accepted at various merchants, which include online portals, voice portals, travel services, utilities, retail outlets, and restaurants.

Website:

www.paymate.in

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Application Software

Other Industries

Business/Productivity Software

Primary Office

111, A - Wing, Sundervila, Swami Vivekanand Road Hasmukh Nagar, Santacruz West Mumbai, Maharashtra 400054India +91 (0)22 2661 6170
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PayMate (India) Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

PayMate (India) Investors (2)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
LightboxVenture CapitalMinority000 0000000 0000
MayfieldVenture CapitalMinority000 0000000 0000
Lightbox Venture Capital
Mayfield Venture Capital

PayMate (India) Executive Team (10)

NameTitleBoard
Seat
Contact
Info
Ravi VishvanathanChief Financial Officer
Dhruv SinghSenior Vice President of Strategy and Business Development & Chief Operating Officer
Ajay AdiseshannCo-Founder, Managing Director and Owner
Probir RoyCo-Founder, Promoter & Executive Director
Sadanand MoilyVice President, Compliance and Risk & Manager, Finance
Ravi Vishvanathan Chief Financial Officer
Dhruv Singh Senior Vice President of Strategy and Business Development & Chief Operating Officer
Ajay Adiseshann Co-Founder, Managing Director and Owner
Probir Roy Co-Founder, Promoter & Executive Director
Sadanand Moily Vice President, Compliance and Risk & Manager, Finance

PayMate (India) Board Members (1)

NameRepresentingRoleSinceContact
Info
Nikhil KhattauMayfieldManaging Director000 0000
Nikhil Khattau Managing Director Mayfield
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