Key Metrics
  • No. of Employees326
  • Founded Year 2020
  • Company StagePrivate Limited Company
  • Total Funding₹17.34 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About IppoPay

IppoPay is a Chennai-based fintech startup that specializes in payment aggregation for businesses. The company offers comprehensive technology solutions for both online and offline businesses, enabling them to accept all types of payments from their customers and vendors.

IppoPay focuses on serving small businesses, freelancers, homepreneurs, women entrepreneurs, and merchants in Tier 2 and Tier 3 towns across the Indian market. Committed to providing consistent support and administration in the preferred language of its users, IppoPay ensures seamless and accessible payment solutions for all.

Business Model

IppoPay is a payment aggregator offering solutions for businesses to accept and process payments from customers and vendors. The company’s products include QR codes, sound boxes, cards, POS systems, and lending options providing tools for payment acceptance, generating payment links and gateways, UPI payments, salary disbursements, and a neo banking API stack.

Top Competitors
PA
PayuU72400MH2006PTC293037
CC
CcavenueL64203GJ2010PLC061366
IppoPay Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹17.34 Cr
No. of Investments Made2
Total No. of Acquisitions2
Lead Investors2
Investors
  • Coinbase Ventures, Better Capital
Note:

Valuation as on Jan 11, 2022

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
IppoPay Financial Details
Financial Highlights
FY 2023-24 Revenue₹18.13 Cr
FY 2023-24 Expenses₹71.11 Cr
FY 2023-24 Profit/Loss-₹52.4 Cr
Net Cash Flow From Operations-₹50.36 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
IppoPay Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

MK
Mohan KaruppaiahCo-Founder & CEO
JK
Jai KumarCo-Founder & CTO

Board Members/Directors

MK
Mohan Karuppaiah Director
JK
Jai Kumar Director
IppoPay Documents

AY - 2020-21

Profit and loss statement - IppoPay - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of IppoPay for FY 2020-21
₹249.00 ₹498.00
Balance sheet - IppoPay - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of IppoPay for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - IppoPay - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of IppoPay for FY 2021-22
₹249.00 ₹498.00
Balance sheet - IppoPay - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of IppoPay for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - IppoPay - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of IppoPay for FY 2022-23
₹249.00 ₹498.00
Balance sheet - IppoPay - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of IppoPay for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - IppoPay - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of IppoPay for FY 2023-24
₹249.00 ₹498.00
Balance sheet - IppoPay - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of IppoPay for FY 2023-24
₹249.00 ₹498.00

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