Key Metrics
  • No. of Employees3
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹95.14 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About PayVEDA

PayVEDA is a leading payments fintech organisation, promoted by Technocrats and Entrepreneur's to bridge the financial gap in underserverd regions of India. PayVEDA intends to take the banking and non banking services to the remotest part of the country, using its retail network. PayVEDA is a one-stop platform to provide financial and non financial services.

Business Model

PayVEDA is an Indian digital payment platform that allows users to make payments using their smartphones. It allows users to pay via bank accounts, credit cards, debit cards and PayVEDA wallet which is rechargeable through cash, checks, or money transfers.

Top Competitors
NO
NovopayU72200KA2014PTC073736
WE
WerizeU72900KA2018PTC116006
PA
PaynearbyU74999MH2016PTC280037
RA
RapipayU72200DL2009PTC189149
PayVEDA Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹95.14 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • SphitiCap
Note:

The company has not filed documents related to its Series A funding round, hence, the valuation is as per pre-allotment of Series A funding.

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
PayVEDA Financial Details
Financial Highlights
FY 2022-23 RevenueNil
FY 2022-23 Expenses₹28.27 Lakh
FY 2022-23 Profit/Loss-₹28.27 Lakh
Net Cash Flow From OperationsUndisclosed
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
PayVEDA Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

MM
Mayur MaedCo-Founder
PV
Prateek VohraCo-Founder & CBO

Board Members/Directors

MM
Mayank MehraDirector
PV
Prateek Vohra Director
PayVEDA Documents

AY - 2021-22

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

AY - 2022-23

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

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