Basic Information
ePayLater offers a credit underwriting platform that leverages the proprietary algorithm developed by Arthashastra FinTech Pvt Ltd. It offers an innovative solution that leverages the power of data to mitigate the challenges being faced by the e-commerce industry today. It is designed to help merchants provide a smooth customer checkout experience by reducing payment hassles and boosting success rates. For online shoppers ePayLater offers an instant credit that gives them the added flexibility of managing their expenses better. The company allows users to club all its payments and make a one-time payment. ePayLater uses an algorithm to understand the customer’s credit history and buying patterns on e-commerce platforms, digital footprint and device information based on which, it assigns a credit limit to the customer.
Legal Name
:
Arthashastra Fintech Private Limited
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
Dec 2015
No. of Employees
:
41 to 60
Core Team
:
1.
Akshat Saxena
Co Founder
2.
Atishay Kumar
Chief Technology Officer & Chief Product Officer
3.
Aurko Bhattacharya
Co Founder
4.
Uday Somayajula
Co Founder
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Funding
Total Funding
$15.7M
Investors
:
1.
Pravega Ventures
2.
Secocha Ventures
3.
GMO Global Payment Fund
4.
Blue Ashva Capital
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Round 1
Round 2
Round 3
Round 4
$2M
Series Name
:
SEED
Date
:
Jun 2016
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