Mintoak Innovations Private

Financial ServicesSeries AMumbai, Indiamintoak.com

Latest round

Series A

Last raised

Feb 2023

Total raised

$23M

Investors

5

About Mintoak Innovations Private

Founded in 2017 in Mumbai, India, Mintoak Innovations Private Limited focuses on empowering merchant acquirers with a suite of comprehensive payment solutions. The company was established by Kabeer Jain, Rama Tadepalli, Raman Khanduja, and Sanjay Nazareth, with Raman Khanduja serving as the CEO.Mintoak's core product offerings empower merchant acquirers and their associated ecosystems with a comprehensive suite of solutions. Their white-labeled merchant platform facilitates smart payment solutions, enabling seamless onboarding, transaction management, and risk assessment for diverse merchants. Key products include Mintoak DigiOnboard for digitizing merchant onboarding, Mintoak SoundHub for soundbox services, and integrated bill payment solutions certified by NPCI.30. The company's revenue model is anchored in transactional fees generated through various services including merchant onboarding, transaction processing, and embedded financial products. The company is focused on launching new products designed to enhance its payment solutions, although specific release dates have not been disclosed. Additionally, Mintoak aims to penetrate new markets, particularly targeting regions within India to further its digital payment solutions and increase its operational footprint.

Who invested in Mintoak Innovations Private

5 investors across 3 rounds

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Funding rounds

  1. Series A

    Feb 21, 2023

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Aug 25, 2021

    Amount

    $1M

    Investors

    Locked

  3. Series A

    May 4, 2020

    Amount

    $2M

    Investors

    Locked

Questions about Mintoak Innovations Private

Who invested in Mintoak Innovations Private?

Mintoak Innovations Private has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mintoak Innovations Private raised?

Mintoak Innovations Private has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Mintoak Innovations Private last raise money?

Mintoak Innovations Private's most recent round on record is a Series A, in Feb 2023.

What does Mintoak Innovations Private do?

Founded in 2017 in Mumbai, India, Mintoak Innovations Private Limited focuses on empowering merchant acquirers with a suite of comprehensive payment solutions.

Where is Mintoak Innovations Private headquartered?

Mintoak Innovations Private is headquartered in Mumbai, India.

Which VCs invest in companies like Mintoak Innovations Private?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Mintoak Innovations Private's stage. Their profiles are linked below.

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