Mylapay funding, investors and company details

Mylapay is an emerging Information Technology startup from Chennai, working in the space of Next-generation payment infrastructure provider that simplifies the end-to-end card and digital payments lifecycle for banks, payment aggregators, and fintechs. Founded by Sundar Balasubramanian, Mohanraj Ravi, Santhanakumar Dhanabalakrishnan.

Company: Minded Technologies and Services Private Limited
Sector: Information Technology
Location: Chennai
Founders: Sundar Balasubramanian, Mohanraj Ravi, Santhanakumar Dhanabalakrishnan

Company overview

Mylapay is a next-generation payment infrastructure provider that simplifies the end-to-end card and digital payments lifecycle for banks, payment aggregators, and fintechs. It offers cloud-based modules such as 3DS authentication, authorization switch, and an integrated transaction processing engine that handle routing, clearing, settlement, reconciliation, chargeback management, fraud and risk controls, and UPI payments through a single, API-first platform.

Funding rounds

Latest round (Series A): $ 1.00 Mn (₹8.64 Cr.), 2026-01-05. Investors: CDM Capital, Credit Saison
Past round (Seed): ₹4.60 Cr. ($ 0.55 Mn), 2024-01-10. Investors: Saison Capital