KYASH

paymentspayment gateways

FOUNDING YEAR: 2012
LOCATION: India
Last Update: 17/07/2020

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MEDICI Analysis

Kyash provides a platform for eCommerce providers which allows their clients to collect cash up front before delivery. Consumers select Kyash as their form of payment at checkout and are given both an eight-digit code and a list of nearby outlets where they can pay in cash. When they go to a nearby location, usually a convenience store, they give their code to the cashier and pay the required amount.

Focus

PRODUCTS & SERVICES

Kyash checkout platform, which can be easily integrated into customer's existing infrastructure. Kyash solves the problem of lack of viable offline payment options noticed by tying up with existing bill payment and ticket booking shops and allowing any business, online or offline, to collect cash payments via the shops.

REVENUE MODEL

The company charges a setup (INR 5,000) and annual processing fee (INR 2,500) from the merchants.

MAIN CLIENTS

Offline and online businesses

EXISTING PARTNERSHIPS

Partnered with Shopify

KartRocket

Twikster

Nationkart

Magento

OpenCart

PrestoShop and WooCommerce.

COMMENT

Kyash provides an automated and secure cash collection mechanism for online businesses.

Momentum

FUNDED

NO

TOTAL FUNDING

$170.47 M

SEED & PRIOR FUNDING

$170.47 M

LISTED

NO

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