# PayVEDA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/payveda

- Industry: Financial Services
- Headquarters: Noida, India
- Website: www.payveda.com
- Total disclosed funding: $12M
- Latest round: Series A (Oct 31, 2022)
- Investors on record: 1

## About

Based in Uttar Pradesh, India, and founded in 2019, Indartu Technologies Private Limited, doing business as PayVEDA, operates as a financial management company that offers financial and non-financial solutions. The company was founded by Prateek Vohra. In October 2022, PayVEDA raised INR 951.30 million in Series A funding from Sphitigram Ventures.

The company's flagship product is its payment gateway, which allows businesses of all sizes to accept payments online. PayVEDA also offers a mobile wallet, which enables users to make payments through their mobile devices. In addition, the company provides both financial and non-financial services, including PAN issuance services, direct money transfers, cash withdrawals, Aadhaar-enabled services, and many more.

PayVEDA plans to expand its operations beyond India and enter new markets. The company also plans to invest in research and development to improve the features and functionalities of its products.

## Funding rounds

- Series A, Oct 31, 2022, $12M — SphitiCap

## Investors

- SphitiCap (https://capitalatlas.ai/funds/sphiticap) — Series A