Backspace Tech funding, investors and company details

Backspace Tech is an emerging Information Technology startup from Chennai, working in the space of Information Technology. Founded by Karthick Sivaram V, Praveen Krishna Dev, Vijayan Vishwanath.

Company: BACKSPACE TECH INDIA PRIVATE LIMITED
Sector: Information Technology
Location: Chennai
Founders: Karthick Sivaram V, Praveen Krishna Dev, Vijayan Vishwanath
Total funding raised: ₹3.57 Cr

Company overview

Backspace Tech is a Chennai-based fintech SaaS startup founded in 2020 by Krishnadev Praveen and Varathamani Karthick Sivaram, specializing in intelligent automation for banking dispute and chargeback management. Backspace aims to modernize banking operations by automating chargeback/dispute resolution, reducing manual efforts, meeting regulatory compliance, and enhancing merchant recovery rates through AI-driven tools. Its platform integrates with banking systems to provide end-to-end management—from detection to resolution—boosting efficiency for fintech SaaS providers and financial institutions.

Funding rounds

Latest round (Pre-Seed): $ 0.45 Mn (₹3.57 Cr.), 2022-07-21. Investors: Omar Bin Brek (Foloosi), Mohan K (IppoPay)