Basic Information
Mumbai based PayMate offers a cloud-based platform that helps large enterprises and SMBs transition from traditionally slow and costly forms of payments such as cash and cheques to real-time digital payments. It digitises their entire procurement-to-payment cycle, thereby improving an overall efficiency and saving over 50% in time, efforts, resources and costs. The platform provides a comprehensive digital workflow tied to payments which enable greater control and transparency, along with better cash flows and end to end reconciliation for corporates in closed loop supply chains.
Legal Name
:
PayMate India Pvt Ltd
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
Founding Date
:
2006
No. of Employees
:
61 to 100
Core Team
:
1.
Ajay Adiseshann
Founder & CEO
2.
Probir Roy
Co-Founder
Funding
Total Funding
$40.5M
Investors
:
1.
Mayfair 101
2.
Visa
3.
Lightbox
4.
Kleiner Perkins
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