LivQuik

LivQuik is a digital payment solutions provider that focuses on enhancing transaction efficiency and user engagement for businesses and consumers alike. Founded in 2012 in Mumbai, India, LivQuik specializes in digital payment processing. The company has executed 7 deals to date, with their most recent funding round taking place on October 18, 2022, where they raised INR 100 million from M2P Fintech. The co-founders, Mohit Lalvani, Suma Bhattacharya, and Yudhajit Sen, have previously contributed to the fintech landscape, driving innovation in payment solutions.

LivQuik has not undergone any significant pivots or changes in business strategy since its inception. LivQuik specializes in providing innovative digital payment solutions designed to streamline transactions for both businesses and consumers. Their core offerings include a suite of services that address key pain points such as transaction speed, security, and user experience. By targeting small to medium-sized enterprises (SMEs) and larger retail chains across North America, Europe, and parts of Asia, LivQuik ensures that users have access to seamless and secure payment methods.

In the most recent fiscal year of 2023, LivQuik generated revenue of INR 1,053,670, with an EBITDA of INR -321,045. Their revenue model is based on subscription services and transaction fees, allowing scalable growth as client transactions increase and providing tailored offerings to meet diverse client needs. In October 2022, LivQuik raised INR 100 million in venture funding from M2P Solutions, which will be strategically utilized to support the development of new products and expand into new geographic markets. The company plans to launch additional features and enhancements to its payment solutions, targeting greater market penetration in regions such as Southeast Asia and Europe by the end of 2023.

This funding will facilitate resource allocation for product development and market entry initiatives.