Wunderbaked Technologies Private Limited
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Wunderbaked Technologies Private Limited - overview
Established
2018
Location
Chennai, Tamil Nadu, India
Primary Industry
Financial Services
About
Wunderbaked Technologies, headquartered in Chennai, India, specializes in providing innovative financial infrastructure solutions designed to automate collections and disbursements through advanced payment APIs, streamlining business transactions for various sectors. Founded in 2018 by Hunter Harrison and Tholkappiyan Velavan, Wunderbaked Technologies Private Limited develops financial technology solutions that enhance transaction efficiency. In June 2021, the company raised INR 216. 01 million in Seed funding led by Stellaris Venture Partners, with participation from 3one4Capital Advisors and CORE91 VC.
The company has completed one deal to date and has raised a total of INR 14. 85 million, currently valued at INR 974. 125 million. Wunderbaked Technologies offers a comprehensive payment processing system that supports automated financial transactions through platforms such as IMPS, NEFT, RTGS, and UPI.
Their innovative solutions enable businesses to create unique virtual accounts and receive instant transaction alerts, thereby improving operational efficiency. The services cater primarily to tech companies and startups in India, enhancing their ability to conduct seamless financial transactions while addressing local banking integration challenges. In the most recent fiscal year 2023, Wunderbaked Technologies reported a revenue of INR 609,897. 90, with an EBITDA of INR -692,838.
The company employs a transaction-based pricing model for its services, charging fees between ₹1 to ₹7. 5 based on the transaction amount, which promotes transparency for users engaged in B2B payments and related activities. Following the successful Seed funding round in June 2021, Wunderbaked Technologies plans to leverage the capital to expand its technology team and develop web services tailored to new financial use cases for technology businesses. The company aims to introduce new products that enhance its service offerings and is exploring opportunities for expansion into additional markets within the fintech space.
Current Investors
Stellaris Venture Partners, 3one4Capital Advisors, CORE91 VC
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.hypto.in
Verticals
FinTech
Company Stage
Angel & Seed
Total Amount Raised
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