Vegapay funding, investors and company details

Vegapay is an emerging Financial Services - Fintech startup from Mumbai, working in the space of Aim of enabling hyper-configurable banking solutions that can be implemented in weeks rather than months. Founded by Gaurav Mittal, Himanshu Agrawal, Puneet Sharma, Abhinav Garg.

Company: Vegapay Technology Private Limited
Sector: Financial Services - Fintech
Location: Mumbai
Founders: Gaurav Mittal, Himanshu Agrawal, Puneet Sharma, Abhinav Garg
Total funding raised: ₹467.91 Cr

Company overview

Vegapay was launched in October 2022 with the aim of enabling hyper-configurable banking solutions that can be implemented in weeks rather than months. The platform helps businesses build faster, scalable, and seamless financial products while integrating an advanced rewards layer to enhance customer engagement and loyalty. By leveraging data-driven insights, Vegapay delivers personalised and meaningful reward experiences, allowing companies to create tailored incentives that drive usage, retention, and overall customer satisfaction.

Funding rounds

Latest round: $ 55.00 Mn (₹458.81 Cr.), 2024-05-30. Investors: Elevation Capital
Past round (Pre-Seed): $ 1.10 Mn (₹9.10 Cr.), 2023-08-16. Investors: Eximius Ventures, DSP HMK Holdings, Capri Global, Upsparks Capital, Mga Ventures, Climber Capital, Arun Venkatachalam, Pratekk Agarwaal (BharatPe)