• FOUNDING YEAR: 2002
    LOCATION:
    India
    REGION:
    Karnataka
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Unipay Omni-channel payment platform for consumer credit distribution, Payment automation, and SME lending.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Major customers are from retail, hospitality, banking, healthcare, travel and education sector. Some of the clients are HDFC, ICICI, Axis, SBI, Standard Chartered, Kotak, Citibank, Bajaj Finance, Reliance, Titan, Indigo, Yatra, Walmart, Sikkim Manipal University, MAX, Vision Express, Lifestyle, Tanishq, Woodland, Yatra.com, Karma Healthcare, Inox, BPCL, FABFurnish.com, ACE, Intex etc.
EXISTING PARTNERSHIPS:
Partnered with Orpak fuel automation system.
COMMENT
Company aims to provide loans for SMEs in real-time at their points of purchase to solves the lending problem.

PEOPLE

MEDICI analysts will analyze Innoviti soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$25.2 Millions
DATE OF LAST FUNDING:
Jul 2017
TOTAL FUNDING COMMENT:
The company is planning to use the funds to foray into health, travel sectors, and among others sectors. (July 2018)
SEED & PRIOR FUNDING:
$1.6 Millions
SEED CLOSED ON:
Mar 2014
SEED PRIOR FUNDING COMMENT:
Cumulative funding indicated
FUNDING SERIES:
SERIES A
$5 Millions Closed: Jul 2015
SERIES B
$18.6 Millions Closed: Jul 2017
LISTED:
NO

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