Easy Pay - About the company
Easy Pay is a seed company based in Ahmedabad (India), founded in 2014 by Nilay Jashbhai Patel, Rahil Patel and Vaibhav S Joshi. It operates as a POS-based payment solution provider. Easy Pay has raised $1.75M in funding from Panchshil, with a current valuation of $*****. The company has 6234 active competitors, including 537 funded and 493 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
EasyPay offers a Point of Sale based payment solution for retailers through its device called Riva. Services offered include utility and bill payment, mobile recharge, domestic money transfer, tickets, e-commerce and e-governance services, etc. Also offers small investment loans and EMI facilities for its retail partners.
- Website
- easypay.in
- Social
- Email ID
- *****@easypay.in
- Registered Address
- 1, Rangin Park Part 4, Opp. Rajpath Club, S.G. Highway , Ahmeadabad, Gujarat, India, 380054
Key Metrics
Founded Year
2014
Location
Ahmedabad, India
Stage
Seed
Total Funding
$1.75M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 31, 2021
Ranked
204th among 6234 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
226 as on Aug 31, 2026
Legal entities associated with Easy Pay
Easy Pay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Easy Pay Limited CIN: U74900GJ2014PLC078939 , India, Active | Feb 27, 2014 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 43 (As on Aug 01, 2025) |
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Easy Pay's funding and investors
Easy Pay has raised a total funding of $1.75M over 2 rounds. Its first funding round was on Mar 26, 2016. Its latest funding round was a Seed round on Mar 31, 2021 for $*****. 2 investors participated in its latest round. Easy Pay has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Easy Pay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 31, 2021 | 5047268 | Seed | 3838015 | 7317541 | 2577471 | 3513237 |
Mar 26, 2016 | 6411202 | Seed | 8892899 | 3969783 |
Access funding benchmarks and valuations. Sign up today!View details of Easy Pay's funding rounds and investors
Easy Pay's founders and board of directors
Founder? Claim ProfileThe founders of Easy Pay are Nilay Jashbhai Patel, Rahil Patel and Vaibhav S Joshi. Vaibhav S Joshi is the CEO of Easy Pay.
Here are the details of Easy Pay's key team members:
- Nilay Jashbhai Patel: Co-Founder of Easy Pay. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
- Rahil Patel: Former Co-Founder of Easy Pay. They serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
- Vaibhav S Joshi: Co-Founder & CEO of Easy Pay.
Easy Pay's Board of Directors
Easy Pay's board has 6 active members. Nilay Jashbhai Patel and Rahil Patel are part of team and Hiral Vinodbhai Patel, Ankitkumar Surendrakumar Agrawal, Vijay Yadav and Amarjeet Chauhan are independent board members.Here is the list of Easy Pay's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
rfpuaof | Team | - | Past | 5y 9m |
fuvqnub | Team | - | Past | 8y 6m |
twcdjam | Team | - | Current | 2y 6m |
Independent board member | - | Current | 2y 2m | |
hmdixig | Independent board member | - | Current | 2y 6m |
zvaanwp | Independent board member | - | Current | 7y 8m |
qgrgoot | Independent board member | - | Current | 3y 4m |
View details of Easy Pay's Founder profiles and Board Members
Easy Pay's employee count trend
Easy Pay has 226 employees as of Aug 26. Here is Easy Pay's employee count trend over the years:
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Easy Pay's Competitors and alternates
Top competitors of Easy Pay include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Easy Pay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
4th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
7th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
8th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 80/100 | ||
9th |  GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 79/100 | |
204th | POS-based payment solution provider | $1.75M | 53/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Easy Pay's competitors? Click here to see the top ones
Easy Pay's Latest cap tables and shareholding
Founders (largest shareholder) own 54.94%, Enterprises own 32.89% and Other People own 12.18%. The net worth of Easy Pay's founders is INR 12.3Cr as of Mar 31, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 54.94% | 12.3Cr | 7020268 | 6556059 | 7247839 | 7069643 |
5624755 | 4896481 | 1720817 | 1254615 | 4375936 | 9623772 | |
Enterprise | 32.89% | 7.37Cr | 5313153 | 3295008 | 8921923 | 8443528 |
Other People | 12.18% | 2.73Cr | 4476215 | 2556565 | 8796617 | 1432747 |
Total | 100.00% | 22.4Cr | 5197412 | 1971610 | 3175381 | 2676921 |
To unlock detailed Cap Table of Easy Pay Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Easy Pay's Shareholding
Easy Pay's Investments and acquisitions
Easy Pay has made no investments or acquisitions yet.
Reports related to Easy Pay
Here is the latest report on Easy Pay's sector:
News related to Easy Pay
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Easy Pay Registers 50% Growth in Seller Onboarding on its ONDC PlatformBusinessnewsthisweek•Jul 29, 2025•Easy Pay
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Easypay Partners with Myshubhlife to Offer a Line of Credit to Its CustomersFinancial IT•Feb 13, 2023•Easy Pay, MyShubhLife
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This digital payments startup is digitising rural India by converting ...YourStory•Oct 26, 2020•Easy Pay
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