Best Payments Companies in Hyderabad, India
The 76 best Payments companies in Hyderabad, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Payswiff.
Our analysis of 50 Payments companies
$10.6b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in Hyderabad
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Bharat Money Store Agent-based payment solutions for retailers and merchants | $285M FY2025 | — | 41,638 | 2020 | — | — | — |
| 2 | Payswiff Provider of POS and MPOS solutions for businesses to accept card payments | $13M FY2025 | $13M | 457 457 → 350 (-23%) | 2013 | Maulik Shah Co-Founder | WordPressMySQLPHP+24 | 1 launch |
| 3 | PayG Payment processing solutions for businesses & merchants | $5M FY2025 | — | — | 2020 | Narendra Singh Solanki Founder & CTO | WordPress Block EditorElementorWordPress+26 | — |
| 4 | Happi-Pay Online payment solution for local merchants | $4M FY2023 | — | 117 | 2016 | Ravikanth Pynda Founder | — | — |
| 5 | PayZigo Fintech Fintech platform specializing in merchant payments and customer payment solutions | $4M FY2023 | — | — | 2021 | Ravikanth Pynda Founder & CEO | — | — |
| 6 | Bank-Pay Provider of online payment solutions for various electronic distributions | $3M FY2025 | — | — | 2022 | Prudhvi Manepalli Founder & CEO | Windows ServerMicrosoft ASP.NETBootstrap+10 | — |
| 7 | Payio Manufacturer of newsprint and kraft paper | $2M FY2022 | — | — | 2016 | Dheeraj Ramagiri Founder | — | — |
| 8 | Syntizen Provider of customer onboarding and identity authentication solutions for businesses | $2M FY2025 | — | 89 | 2014 | Dinesh Desu Co-Founder & CMO | ZohoYouTubeBootstrap+15 | — |
| 9 | Lastmile Platform for last mile payments management | $2M FY2024 | $166K | 111 | 2009 | Jay Krishna Founder | — | — |
| 10 | Esevaworld Services Provider of professional cleaning and upholstery cleaning services | $878K FY2022 | — | — | 2015 | Ashok K Kedia CEO | — | — |
| 11 | FastCollab AI-enabled corporate travel management solution | $492K FY2025 | — | 86 86 → 79 (-8%) | 2016 | Murthy Aradhi Co-Founder | Cart FunctionalityTypeScriptChart.js+15 | — |
| 12 | PayAid Payments Provider of payment orchestration, routing, bill payments, and website builder services | $419K FY2025 | $117K | 3 | 2020 | Alka Mehta Co-Founder & CEO | WordPressMySQLPHP+40 | — |
| 13 | Neopay Utility bill payment solution for individuals | $287K FY2023 | — | 72 | 2021 | — | — | — |
| 14 | Recordent Accounts receivables and credit management solutions for businesses | $226K FY2025 | $400K | 25 | 2018 | Harish Inder Co-Founder | TypeScriptZohoBootstrap+20 | — |
Top 12 Payments companies in Hyderabad
#1
Seed · Hyderabad, Telangana · founded 2024$5Mraised▾
Provider of infrastructure for instant global settlements and money transfers. The infrastructure facilitates cross-border transfers, automated liquidity management, and multi-currency pay-in accounts. It also executes global payouts and provides wallet infrastructure. The infrastructure is engineered for instant global scale, connecting fast, transacting instantly, and scaling without limits.
- Nov 2025Seed$5M
#2
Acquired · Hyderabad, Telangana · founded 2013 · 457 employees$12.8Mraised▾
Provider of POS and MPOS solutions for businesses to accept card payments. Its POS device enables merchants to accept contact and contactless card payments. The POS software enables the merchant to provide card-on-delivery, send receipts through email, provide an EMI option, and more. Also provides mPOS solutions that include Android and IOS apps and a mobile card reader. Merchants can also create and send payment links and accept payments from wallets through the mobile app.
- Mar 2021Series B$2M
- Jan 2019Series A$2.5M
- Jan 2018Angel$137.1K
- Nov 2017Series A$1.8M
#3
Seed · Hyderabad, Telangana · founded 2015$1.1Mraised▾
Provider of utility bill payments and management platform. It helps in mobile recharge plans and provides monthly statistics for all types of calls, SMS, and data usage on the users phone. It assists the user in choosing suitable data plan and call/SMS rate cutters. Users can set automated recharges for sims of the friends and family. The app is available for the Android platform.
- Dec 2020Seed$473.6K
- Aug 2019Seed$399.5K
- Dec 2017Angel$98.5K
- Mar 2017Angel$55.8K
#4
Acquired · Hyderabad, Telangana · founded 2015 · 3 employees$710.9Kraised▾
SaaS-driven payment management platform for rent payment and collection. The platform streamlines the rent payment and collection process between tenants, landlords, and property managers. It offers rental analytics, rental agreements, payment reminder, and screening services. It also features a loyalty program for consumers by providing them with rewards and cashback on transactions.
- May 2021Seed$417.2K
- Feb 2021Seed$92.2K
- Nov 2018Seed$100K
- Jan 2018Seed$46.3K
#5
Acquired · Hyderabad, Telangana · founded 2011 · 16 employees$1.7Mraised▾
Gharpay allows consumers to shop online without needing a credit/debit card. Gharpay collects cash from customers at their doorstep in 550 postal codes across 7 cities. Had over 750 clients including Redbus, Cleartrip, Dealsandyou and Ferns'N'Petals. The company was acquired by Delhivery in June 2013 for an undisclosed amount. Backed by Raju Reddy, Sequoia Capital, Kae Capital and Blume Ventures. Its COD software and management solution, Clink was spun off into another company sold to Ezetap in mid-2014.
- May 2013Series A$1.4M
- Sep 2011Seed$289.7K
#6
Seed · Hyderabad, Telangana · founded 2018 · 25 employees$400Kraised▾
Accounts receivables and credit management solutions for businesses. It allows businesses to add dues, send notifications, collect customer dues, and check payment history. It features solutions to send automated notifications and reminders to customers about payments and due dates and offers digital payment options. It also offers credit risk management solutions.
- Nov 2021Angel$400K
- Sep 2020Angel—
#7
Deadpooled · Hyderabad, Telangana · founded 2017 · 5 employees$330Kraised▾
App-based platform for prepaid cards. It offers prepaid cards for kids and teens. It features parental and expenditure controls, expenditure alerts, savings-based targets, and more. It can be used for services such as online and offline purchases, bill payments, and more. It offers an app-based platform that is available on iOS and android platforms.
- Feb 2021Seed$330K
#8
Seed · Hyderabad, Telangana · founded 2020 · 3 employees$117.2Kraised▾
Provider of payment orchestration, routing, bill payments, and website builder services. It offers an integrated platform uniting payment gateways and modes. The platform caters to businesses of all sizes, providing payment acceptance methods. It integrates multiple payment gateways and modes onto a single platform, ensuring secure payment processing. The company also provides API developer kits and cross-border payment solutions.
- Dec 2021Angel$117.2K
#9
Early Stage · Hyderabad, Telangana · founded 1999 · 259 employees$306.8Kraised▾
Pyro is a mid-tier technology solution provider to NGN communication carriers i.e. wireless, wireline, IP, MVNO etc. The group companies focus on delivering 360° mobility products and services that enhance operator networks to deliver immediate and effective solutions. Pyro Telecom Solutions provides BSS roaming and VAS solutions for the telecom sector. Pyro Analytics provides operations monitoring, BI and BSS solutions for the telecom sector. Pyro Financial Services enables mobile payments and financial transactions for MNOs and the end users. Customers who do not have a bank account to make utility payments using Pyro's mobile wallet. The product includes the Mobile Money Platform, Local Recharge Service, Electronic Airtime Top-up, Merchant Aggregation, Airtime Advance and Prepaid Card Program Management.
- Mar 2014Unattributed$306.8K
#10
Seed · Hyderabad, Telangana · founded 2009 · 111 employees$165.8Kraised▾
Platform for last mile payments management. The platform uses biometric and Aadhar card data for verification. Allows payments tracking. Offers last mile banking services, doorstep benefits delivery.
- Jun 2015Angel$165.8K
#11
Seed · Hyderabad, Telangana · founded 2007 · 111 employees$165.8Kraised▾
Developer of software for processing payments on mobile electronic devices. This platform enables merchants to accept card and digital transactions through standard hardware such as tablets, smartphones, and point of sale terminals. The technology integrates with payment gateways to facilitate secure data transmission and transaction authorization. It provides tools for managing payment acceptance across multiple channels, including in-store and remote environments. The system utilizes encryption to protect cardholder information during the payment process.
- Jun 2015Angel$165.8K
#12
Funding Raised · Hyderabad, Telangana · founded 2019—raised▾
Provider of diversified payment gateway solution for businesses. It enables businesses to accept payments through multiple online applications with QR-code acceptance, payment links, and more for subscription payments, and bill payments like electricity, broadband, and cable TV.
- 2022Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Hyderabad researches in digital payments
- Indian School of Business11
- University of Hyderabad10
- Indian Institute of Technology Hyderabad7
- Jawaharlal Nehru Technological University, Hyderabad5
- Birla Institute of Technology and Science - Hyderabad Campus3
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.