PayMart Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 24

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Latest Deal Amount
  • $28.7K

  • Investors
  • 10

PayMart General Information

Description

Operator of a digital financial services platform designed to facilitate virtual cash withdrawal, foreign currency exchange, and inward remittance. The company's platform offers access to cash withdrawal services without a physical ATM, provides authorised foreign currency exchange and remittance processing, and conducts digital literacy programs in partnership with banks, enabling rural and urban consumers to access essential financial transactions and educational resources for improved financial inclusion.

Contact Information

Website
www.mypaymart.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • GF 29A, Ground Floor, City Emporium Mall
  • Plot Number 143-A, Industrial Area,Phase-1
  • Chandigarh, Haryana 160002
  • India
+91 089689
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
FinTech
Corporate Office
  • GF 29A, Ground Floor, City Emporium Mall
  • Plot Number 143-A, Industrial Area,Phase-1
  • Chandigarh, Haryana 160002
  • India
+91 089689

PayMart Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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PayMart Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Accelerator/Incubator 21-Mar-2025 $28.7K Completed Generating Revenue
7. Accelerator/Incubator 23-Jan-2024 Completed Generating Revenue
6. Later Stage VC 01-Jun-2021 Completed Generating Revenue
5. Later Stage VC 09-Jan-2020 Completed Generating Revenue
4. Seed Round 24-Jul-2019 Completed Generating Revenue
3. Early Stage VC 01-Jan-2015 Completed Startup
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
To view PayMart’s complete valuation and funding history, request access »

PayMart Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary 199,565 $0.136615 $0.62 $0.62 1x $0.62 5.28%
Ordinary 199,980 $0.136615 $0.27 $0.27 1x $0.27 5.29%
To view PayMart’s complete cap table history, request access »

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Opportunity Score

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PayMart Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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PayMart Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Software Technology Parks of India Accelerator/Incubator Minority
LEAP AHEAD (India) Accelerator/Incubator
AngelBay Angel Group Minority
Keiretsu Forum Angel Group Minority
IIMA Ventures Accelerator/Incubator Minority
You’re viewing 5 of 10 investors. Get the full list »

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PayMart FAQs

  • When was PayMart founded?

    PayMart was founded in 2015.

  • Where is PayMart headquartered?

    PayMart is headquartered in Chandigarh, India.

  • What is the size of PayMart?

    PayMart has 24 total employees.

  • What industry is PayMart in?

    PayMart’s primary industry is Other Financial Services.

  • Is PayMart a private or public company?

    PayMart is a Private company.

  • What is PayMart’s current revenue?

    The current revenue for PayMart is .

  • How much funding has PayMart raised over time?

    PayMart has raised $497K.

  • Who are PayMart’s investors?

    Software Technology Parks of India, LEAP AHEAD (India), AngelBay, Keiretsu Forum, and IIMA Ventures are 5 of 10 investors who have invested in PayMart.

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