# Prizm Payment Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prizm-payment-services

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.prizmpayments.com
- Total disclosed funding: $7.2M
- Latest round: Series C (Mar 28, 2011)
- Investors on record: 3

## About

Prizm Payment Services facilitates domain name sales and leasing, providing an accessible platform for individuals and businesses to acquire digital assets efficiently.Founded in 2005 and headquartered in Mumbai, India, Prizm Payment Services specializes in domain-related services. The company was acquired by Hitachi, Ltd. in November 2013. The founder's history is not available, and there are no records of prior companies founded by them. Prizm has secured a total of INR 333.33 mn through five investment deals, with the latest funding round being a Venture Debt round amounting to INR 1,000.00 mn, led by IndoStar Capital Finance.Prizm Payment Services specializes in the sale and leasing of domain names, offering a platform for individuals and businesses to acquire digital assets. Customers can purchase domain names for a one-time fee of INR 2,988 or choose a 'Lease to Own' plan at INR 100 per month. The services emphasize secure transactions, supported by features like free transaction assistance and local currency options at checkout, catering to a global clientele.In the most recent year, Prizm Payment Services reported a revenue of INR 287,019,616.20 and an EBITDA of INR 78,400,070.70. Revenue is primarily generated through sales and leasing of domain names, with customers engaging in direct purchases or leasing agreements, ensuring a seamless client experience.While specific details on upcoming product launches are not available, the funding from the latest Venture Debt round will likely support the enhancement of their platform and expansion into new markets. Prizm Payment Services may target greater penetration in the Asian regions and additional global markets by 2025. The rationale for recent funding includes strategic investments to bolster operational capabilities and expand service offerings.

## Funding rounds

- Series C, Mar 28, 2011, $7.2M — Hong Shan, Axis Bank, Equirus Capital

## Investors

- Hong Shan — Series C
- Axis Bank — Series C
- Equirus Capital — Series C