Pelocal Overview
- Year Founded
-
2021
- Status
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Private
- Employees
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111
- Latest Deal Type
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Series A
- Latest Deal Amount
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$5.01M
- Investors
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3
Pelocal General Information
Description
Developer of digital payment infrastructure designed to provide secure transactions for businesses and individuals. The company's platform supports QR code payments, UPI integration, merchant onboarding, and real-time settlements, enabling small businesses, merchants, and consumers in India with streamlined payment processing and improved financial accessibility.
Contact Information
Website
pelocal.comCorporate Office
- 8th Floor, 8B, VGN Notting Hill
- Nungambakkam High Road, Tirumurthy Nagar, Nungambakkam
- Chennai, Tamil Nadu 600034
- India
Corporate Office
- 8th Floor, 8B, VGN Notting Hill
- Nungambakkam High Road, Tirumurthy Nagar, Nungambakkam
- Chennai, Tamil Nadu 600034
- India
Pelocal Timeline
Pelocal Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 16-Sep-2025 | $5.01M | Completed | Generating Revenue | ||
| 1. Seed Round | 01-Oct-2024 | Completed | Generating Revenue |
Pelocal Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Ordinary | 2,439 | $1.138285 | $151.62 | $151.62 | 1x | $151.62 | 8.9% | |
| Ordinary | 6,967 | $1.138285 | $182.13 | $182.13 | 1x | $182.13 | 25.43% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Pelocal Signals
Pelocal Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| UNLEASH Capital Partners | Venture Capital | Minority | ||
| Future Monk Investments | Corporation | Minority | ||
| Unicorn India Ventures | Venture Capital | Minority |
Pelocal FAQs
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When was Pelocal founded?
Pelocal was founded in 2021.
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Where is Pelocal headquartered?
Pelocal is headquartered in Chennai, India.
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What is the size of Pelocal?
Pelocal has 111 total employees.
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What industry is Pelocal in?
Pelocal’s primary industry is Financial Software.
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Is Pelocal a private or public company?
Pelocal is a Private company.
-
What is the current valuation of Pelocal?
The current valuation of Pelocal is .
-
What is Pelocal’s current revenue?
The current revenue for Pelocal is .
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How much funding has Pelocal raised over time?
Pelocal has raised $8.09M.
-
Who are Pelocal’s investors?
UNLEASH Capital Partners, Future Monk Investments, and Unicorn India Ventures have invested in Pelocal.
Data Transparency
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