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Radar · Payments in Telangana

Best Payments Companies in Telangana, India

The 78 best Payments companies in Telangana, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Payswiff.

78companies tracked
$22.7Mdisclosed funding
0unicorns
15have raised
FLIAR INTELLIGENCE · PAYMENTS × TELANGANA

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.

50companies analysed
90%cloud-native stacks
2021funding peak (by rounds)
10unicorns
2017median founding year

Ranked: Best Payments companies in Telangana

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesFoundedFounderRecent signals
1Bharat Money Store
Agent-based payment solutions for retailers and merchants
$285M
FY2025
—+3%41,6382020——
2Payswiff
Provider of POS and MPOS solutions for businesses to accept card payments
$13M
FY2025
$13M-18%457
457 → 350 (-23%)
2013Maulik Shah
Co-Founder
1 launch
3Olive Crypto
Provider of payment solutions and consulting services for financial institutions
$8M
FY2025
—+54%267
267 → 386 (+45%)
2005Bharavi Gade
Founder & Managing Director
—
4PayG
Payment processing solutions for businesses & merchants
$5M
FY2025
—+16%—2020Narendra Singh Solanki
Founder & CTO
—
5Happi-Pay
Online payment solution for local merchants
$4M
FY2023
—+193%1172016Ravikanth Pynda
Founder
—
6Bank-Pay
Provider of online payment solutions for various electronic distributions
$3M
FY2025
—+65%—2022Prudhvi Manepalli
Founder & CEO
—
7Payio
Manufacturer of newsprint and kraft paper
$2M
FY2022
—+4%—2016Dheeraj Ramagiri
Founder
—
8Syntizen
Provider of customer onboarding and identity authentication solutions for businesses
$2M
FY2025
——892014Dinesh Desu
Co-Founder & CMO
—
9Lastmile
Platform for last mile payments management
$2M
FY2024
$166K+40%1112009Jay Krishna
Founder
—
10Esevaworld Services
Provider of professional cleaning and upholstery cleaning services
$878K
FY2022
———2015Ashok K Kedia
CEO
—
11FastCollab
AI-enabled corporate travel management solution
$492K
FY2025
——86
86 → 79 (-8%)
2016Murthy Aradhi
Co-Founder
—
12PayAid Payments
Provider of payment orchestration, routing, bill payments, and website builder services
$419K
FY2025
$117K+2077%32020Alka Mehta
Co-Founder & CEO
—
13Neopay
Utility bill payment solution for individuals
$287K
FY2023
—+531%722021——
14Recordent
Accounts receivables and credit management solutions for businesses
$226K
FY2025
$400K+121%252018Harish Inder
Co-Founder
—

Top 12 Payments companies in Telangana

#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.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Talent
top 28%
Global
top 46%
Funding
top 48%
Market
bottom 25%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Global: Legal entities in 2 countries: Singapore, United Kingdom · Investors from 1 country beyond India
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Nov 2025)
Funding rounds
  • Nov 2025Seed$5M
Founders & team
Prashanth SwaminathanCo-Founder & CEOManish BhatiaCo-Founder & CTOAbhishek PittiCo-Founder & COO
Investors
Hivemind Capital, Alliance DAO, Coinbase, Transpose Platform, Polymorphic Capital, Tykhe Ventures
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 14k LinkedIn followers — 39.9% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2021Series B$2M
  • Jan 2019Series A$2.5M
  • Jan 2018Angel$137.1K
  • Nov 2017Series A$1.8M
Founders & team
Maulik ShahCo-FounderKrishna VinnakotaCo-Founder & COOAnil VCo-Founder & CCO
Investors
Hard Yaka, Fifth Quadrant, Lemon Innovision Ventures, Yadu, Navbharat Potteries, TGV
Tech stack
AosApache Http ServerAstroBootstrapBootstrap IconsCdnjs
#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.

Funding rounds
  • Dec 2020Seed$473.6K
  • Aug 2019Seed$399.5K
  • Dec 2017Angel$98.5K
  • Mar 2017Angel$55.8K
Founders & team
Janaki Ram GotetiCo-FounderRohit SharmaCo-Founder
Investors
Blume Venture, Powerhouse Ventures
#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.

Funding rounds
  • May 2021Seed$417.2K
  • Feb 2021Seed$92.2K
  • Nov 2018Seed$100K
  • Jan 2018Seed$46.3K
Founders & team
Muralidhar NayakCo-Founder & CTO
Investors
Xseed Partners, T-Hub, IIITH Seed Fund, IIIT Hyderabad, SucSEED, Muthoot Fincorp
Tech stack
Node.JsBootstrapReactAmazon Web ServicesNext.JsGoogle Tag Manager
#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.

Funding rounds
  • May 2013Series A$1.4M
  • Sep 2011Seed$289.7K
Founders & team
Abhishek NayakFounder & CEOArpit MohanFounder
Investors
Blume Venture, Peak XV Partners, Kae Capital, 1999 Raju Reddy Family Trust
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 15.0% of this cohort's audience
Funding rounds
  • Nov 2021Angel$400K
  • Sep 2020Angel—
Founders & team
Harish InderCo-FounderWinny PatroCo-Founder & CEOJay ShethCo-Founder
Investors
IIMCIP, Kantamaneni Family Office, Mintosh, Olive Venture Partners
Tech stack
AngularAzureAzure Front DoorBootstrapCloudflareCloudflare Bot Management
#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.

Funding rounds
  • Feb 2021Seed$330K
Founders & team
Venkata PuretiCo-Founder
Investors
Jupiter, Imediablitz Solutions, Conquest, IIT Mandi Catalyst
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 12.8% of this cohort's audience
Funding rounds
  • Dec 2021Angel$117.2K
Founders & team
Alka MehtaCo-Founder & CEOPhani TejaCo-Founder & Managing Director
Investors
Clay Capital
Tech stack
All In One SeoAnimate.CssAosApache Http ServerAutoptimizeBeaver Builder
#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.

Funding rounds
  • Mar 2014Unattributed$306.8K
Founders & team
SM ReddyFounder & CEOSP ReddyFounderRakesh PoovadanCEO
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerBootstrapGodaddy
#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.

Funding rounds
  • Jun 2015Angel$165.8K
Founders & team
Jay KrishnaFounder
Investors
Sridhar Pashya, Sailesh Sewpaul, K Akshay, Krishna Prasad Atluri, M V Srinath Reddy, Mohan Surya Kala
#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.

Funding rounds
  • Jun 2015Angel$165.8K
Founders & team
Jay KrishnaFounder & CEO
Investors
Sridhar Pashya, K Akshay, Krishna Prasad Atluri, M V Srinath Reddy, Mohan Surya Kala, Pingle Vasudeva Reddy
Tech stack
Apache Http ServerGodaddyGoogle WorkspaceHsts
#12
Seed · Ranga Reddy, Telangana · founded 2022
—raised
▾

App-based platform for bill payments. It allows users to pay all their bills in one place, including utilities, rent, and education.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 3.0% of this cohort's audience
Activity: 1 product launches · 1 partnerships (incl. Expperian India) announced in 12 mo
Funding rounds
  • Apr 2024Seed—
Founders & team
Sai MusunuruCo-FounderSri KotipalliCo-Founder

Funding & investor landscape

$22.7Mtotal disclosed funding
11companies funded
27disclosed rounds
0rounds last 90 days
Most active investors
Blume Venture2 rounds
CIE IIITH2 rounds
JAIN Launchpad2 rounds
Zone Startups India2 rounds
10000 Startups1 rounds
1999 Raju Reddy Family Trust1 rounds
Access Computech1 rounds
Alliance DAO1 rounds
Aviva1 rounds
Clay Capital1 rounds

Notable founders

Prashanth Swaminathan
Co-Founder & CEO · Zynk
Manish Bhatia
Co-Founder & CTO · Zynk
Maulik Shah
Co-Founder · Payswiff
Krishna Vinnakota
Co-Founder & COO · Payswiff
Janaki Ram Goteti
Co-Founder · Cellfish
Rohit Sharma
Co-Founder · Cellfish
Muralidhar Nayak
Co-Founder & CTO · Paymatrix
Abhishek Nayak
Founder & CEO · Gharpay
Arpit Mohan
Founder · Gharpay
Harish Inder
Co-Founder · Recordent
Winny Patro
Co-Founder & CEO · Recordent
Venkata Pureti
Co-Founder · Pencilton
Prism market signals · India · country-scoped Prism corpus, 245,398 docs

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

RESEARCH SIGNALS · India

How research on Digital Payments is moving in India

A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,602 India-affiliated papers.

research sentiment over time
200920182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 26% → 45% across 2009–2026.
top research entities
  • G.S. Science, Arts And Commerce College87
  • Symbiosis International University42
  • University of Delhi41
  • Jain University31
  • Amity University28
leading researchers
V. N. Sastry · Vibha Kaw Raina · Shaik Shakeel Ahamad · B Ravi Prasad · Abhishek Kumar · Shilpa Aggarwal · Siba K. Udgata · Kare, Dipak Nivrutti
▲ Breakthroughs167 · 10%
▼ 13%→11% share
▼0.8× share momentum0 median citations77% since 2021mostly methods-led
Breakthroughs are cooling (13%→11% of field), led by Payment system.
rising sub-themes (early→recent)
  • Payment system4→31
  • Database transaction4→23
  • Mobile payment15→28
  • Payment service provider3→16
  • Cash1→11
Newly emergingTransparency (behavior) 0→14 · Interface (matter) 0→13 · Blockchain 0→11
Landmark Behavioural intention to adopt mobile wallet: a developing country perspective · 321 cites
◆ Advancements511 · 32%
▼ 35%→32% share
▼0.9× share momentum0 median citations75% since 2021mostly empirical
Advancements are cooling (35%→32% of field), led by Mobile payment.
rising sub-themes (early→recent)
  • Mobile payment42→161
  • Financial inclusion2→96
  • Financial services1→61
  • Database transaction5→56
  • Mobile banking5→36
Newly emergingGovernment (linguistics) 0→35 · FinTech 0→33 · Unbanked 0→20
Landmark Adoption readiness, personal innovativeness, perceived risk and usage intention across customer groups for mobile paymen · 595 cites
▼ Concerns405 · 25%
26%→26% share
▲1.0× share momentum0 median citations75% since 2021mostly empirical
Concerns are cooling (26%→26% of field), led by Mobile payment.
rising sub-themes (early→recent)
  • Mobile payment25→141
  • Financial inclusion2→69
  • Financial services2→51
  • Database transaction8→41
  • Government (linguistics)6→39
Newly emergingFinTech 0→36 · Digital currency 0→20 · Cryptocurrency 0→13
Landmark Mobile banking and economic development: linking adoption, impact, and use · 472 cites
RESEARCH HOTSPOTS · India

Where digital payments is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Delhi-NCR83 · +0.15
Hot · Mobile paymentAdvancing · Structural equation modelingOpportunity · FinTechConcern · Internet privacy
Pune59 · +0.27
Hot · Mobile paymentAdvancing · RevenueOpportunity · MarketingConcern · Financial inclusion
Chennai44 · +0.39
Hot · Computer securityAdvancing · Mobile computingOpportunity · Financial inclusionConcern · Mobile payment
Hyderabad27 · +0.45
Hot · Computer networkAdvancing · Computer securityOpportunity · Data breach
Bengaluru20 · +0.40
Hot · CashAdvancing · Transparency (behavior)Opportunity · Code (set theory)Concern · Mobile banking
Ahmedabad10 · +0.33
Hot · Mobile paymentOpportunity · Marketing
Mumbai9 · +0.31
Hot · Mobile paymentAdvancing · Mobile deviceOpportunity · Mobile apps
Kolkata7 · +0.26
Hot · Mobile paymentOpportunity · Debit card
Varanasi7 · +0.43
Hot · Mobile paymentAdvancing · MarketingOpportunity · Visitor pattern
PATENT SIGNAL · India

Who's filing digital payments patents in India

India digital payments patent filing is accelerating — 39 filings from 56 assignees (2017–2025), led by NAT Payments Of India, Tripathi Brijesh, Gupta Pritesh; annual filings 3→4.

39 filings56 assigneespeak 6/yr2017–2025
filing momentum (YoY 2017–2025)
top patent filers
  • NAT Payments Of India21
  • Tripathi Brijesh4
  • Gupta Pritesh4
  • DAS Pranamesh4
  • APE Payment OY4
  • Sharma Anubhav2
  • Talent Unltd Online Services2
  • Pardhasarthy Mahesh Bhupathi2

Common questions

How many Payments companies are there in Telangana, India?
Radar tracks 78 indexable Payments companies headquartered in Telangana, India, India, that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Telangana, India?
The Payments companies in Telangana, India on this list have raised a combined $22.7M in disclosed equity funding across 11 funded companies.
Which is the highest-funded Payments company in Telangana, India?
Payswiff is the highest-funded Payments company in Telangana, India, with $12.8M in disclosed equity funding.
How many Payments companies in Telangana, India are funded?
11 of the 78 Payments companies in Telangana, India on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Telangana, India?
None of the Payments companies in Telangana, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Telangana, India Payments companies?
The most active investors in Telangana, India Payments companies on this list include Blume Venture, CIE IIITH, JAIN Launchpad, Zone Startups India, 10000 Startups.
Riya SenguptaFinancials

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.

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