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Deal Type
Industry
Deal Status
1) Company information
It is a unique, ultra-simple and ultra-secure voice-based payment solution that does not require smartphone, proximity and internet connectivity to operate. A user can make a payment by simply giving a missed call on a unique merchant number, receive a call-back and enter their UPI pin. It's as simple as that.
Some of the Unique Features of company:
1) User does not need smartphone or smartphone app No need of internet, can use Feature phone
2) Not required to be digital literate
3) It supports 12 local languages.
4) No-Proximity required for Payments
5) Ultra-simple, Secure and Spoof proof compared to mobile apps
6) No need of hardware POS or plastic cards so Good for both rural and urban India
7) Easy IVR based pre-emptive On-boarding in 2min.
Type Equity (Fundraise)
Industry
Hospitality
Value
₹ 40 Crore
Type Equity (Fundraise)
Industry
Construction
Value
₹ 39.95 Crore
Type Equity (Fundraise)
Industry
Agri manufacturing
Value
₹ 7.99 Crore
Type Equity (Fundraise)
Industry
Education
Value
Undisclosed
Type Equity (Fundraise)
Industry
Human Resources / HR
Value
₹ 3.5 Crore
INR (₹)