IppoPay Technologies Private Limited
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IppoPay Technologies Private Limited - overview
Established
2020
Location
Chennai, Tamil Nadu, India
Primary Industry
Financial Services
About
Based in Tamilnadu, India, and founded in 2020, IppoPay Technologies is an online marketplace that provides payment solutions that collect and accept payments from their customers and vendors. The company was co-founded by Jai Kumar and Mohan Karuppiah. In September 2021, IppoPay Technologies raised an undisclosed amount of Venture funding from Better Capital, M2P, Rocketship VC, and individual investors. IppoPay Technologies offers payment solutions to offer secure banking transaction services for individuals, freelancers, women who work from home, handcraft businesswomen, and people who do business in tier2, tier3, and rural areas.
The company helps them through subscription, payment link, payment gateway, and online store to make their payments easier and faster. IppoPay Technologies plans to expand its business and expand the suite of offerings for its merchants.
Current Investors
M2P Capital, Better Capital, Rocketship.vc
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.ippopay.com
Verticals
FinTech, FinTech, FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
IppoPay Technologies Private Limited - timeline of key events
IppoPay Technologies Private Limited - financials
| Fiscal Year Ended | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|
| Revenue (USD) | 535,565 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 150,942 | - | - | - |
| Operating Income (USD) | 147,501 | - | - | - |
| Operating Margin | 27.5% | - | - | - |
| % EBITDA Margin | 28.2% | - | - | - |
| NET Income (USD) | 108,706 | - | - | - |
| % Net Margin | 20.3% | - | - | - |
IppoPay Technologies Private Limited - employee data
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