Deal Description

Tagline = Simplifying payments for India

Founded in September 2019, we focus on sustainable growth with thousands of happy customers, lean team and profitable unit economics. We have 23,000 channel partners associated with us. 

What do we do?

• Micro ATMs
• Direct Money Transfer
• Aadhaar Enabled Payments
• Utility Payments

Traction:

• $75mn GTV in November 2022 (planning to achieve $1bn GTV in FY22)
• More than 50,000 happy customers
• More than 35 trusted partners in 28 states.

Benefits provided:

• Facilitating Payments across India
• Partner Driven Model 
• Digitizing Cash Dependent Economy

Where do we see us in the next 5 years?

• 2023 = 3Mn end user customers and 60k+ users
• 2024 = 5Mn end user customers and 100k+ users
• 2025 = 7.5Mn end user customers and 150k+ users
• 2026 = 11Mn end user customers and 200k+ users
• 2027 = 15Mn end user customers and 250k+ users

Revenue Projections

• 2023 = $ 4.07Mn
• 2024 = $ 13.08Mn
• 2025 = $ 29.05Mn
• 2026 = $ 36.04Mn
• 2027 = $ 38.26Mn

Usage of Funds

• Technology = 40%
• Team = 40%
• Marketing = 20%

Please get in touch with the fundgini team if you are interested.

Mr. Tanmay Gawas: 8591648203

Mr. Aditya Praveen: 7978549827

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