Where is Elixir located?

Elixir is headquartered in Delhi, India. It is registered at C 15,Sriram Nivas, 1st Floor,Secretariat Colony, Thiruvalluvar Nagar, Alandur, Chennai, Alandur(Reopened W.E.F.6.6.05), Kanchipuram, Saidapet, Tamil Nadu, India, 600016.

Which legal entities is Elixir associated with?

Elixir is associated with PAPERSTACK TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Elixir have?

As of Aug 31, 2025, the latest employee count at Elixir is 80.

Is Elixir a funded company?

Elixir is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Elixir?

Annual revenue of Elixir is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Elixir rank among its competitors?

Elixir ranks 2nd amongst 18 active competitors, of which 3 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Orbit Wallet, which secured $65.6K in Mar, 2026.

Who are the top competitors of Elixir?

Elixir's top competitors include ANQ Finance, PhoneParLoan and CityCash. Among them, Orbit Wallet secured the most recent funding round in March, 2026.

Elixir - 2026 Company Profile, Team, Competitors & Financials

Elixir is an unfunded company based in Delhi (India), founded in 2023 by Kshitij Agrawal, Ritik Madan and Anant Jain. It operates as a Provider of a prepaid card rewarding healthy lifestyle choices. Elixir has not raised any funding yet. The company has 18 active competitors, including 3 that are funded. Its top competitors include companies like ANQ Finance, PhoneParLoan and CityCash.

Company Details

Provider of a prepaid card rewarding healthy lifestyle choices. The card offers rewards on everyday spending, with increased rewards for consistent workouts and healthy habits. Users can connect fitness trackers to earn bonus rewards for movement and sleep. The card can be used for online transactions with Indian merchants.

Website: www.elixir.cards/
Email ID: *****@joinelixir.club.
Phone Number: +91 **********
Registered Address: C 15,Sriram Nivas, 1st Floor,Secretariat Colony, Thiruvalluvar Nagar, Alandur, Chennai, Alandur(Reopened W.E.F.6.6.05), Kanchipuram, Saidapet, Tamil Nadu, India, 600016

Key Metrics

Founded Year

2023

Location

Delhi, India

Stage

Unfunded

Ranked

2^nd among 18 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

80 as on Aug 31, 2025

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View Elixir's full profile

Elixir is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAPERSTACK TECHNOLOGIES PRIVATE LIMITED CIN: U62091DL2023PTC416185 , India, Active	Jun 26, 2023	$0 - $1M (As on Mar 31, 2025)	-
LIVQUIK TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U74999TN2012PTC165988 , India, Active	Jul 04, 2012	$1M - $10M (As on Mar 31, 2025)	80 (As on Aug 01, 2025)

Elixir has not raised any funding rounds yet.

The founders of Elixir are Kshitij Agrawal, Ritik Madan and Anant Jain.

Here are the details of Elixir's key team members:

Kshitij Agrawal: Co-Founder of Elixir and founder of 3 other companies, Elixir, Simple Insure and Atommic AI. They serve on the boards of 2 companies.
Contact Info: 3 email addresses
Ritik Madan: Co-Founder of Elixir and founder of 1 other company.
Contact Info: 1 email address
Anant Jain: Co-Founder of Elixir and founder of 1 other company.
Contact Info: 1 email address

Elixir's Board of Directors

Elixir's board has 3 active members. Kshitij Agrawal, Ritik Madan and Anant Jain are part of team.

Here is the list of Elixir's board of directors:

Name	Type	Representing	Status	Duration
Kshitij Agrawal	Team	-	Current	1y 1m
Ritik Madan	Team	-	Current	2y 10m
Anant Jain	Team	-	Current	2y 10m

View details of Elixir's Founder profiles and Board Members

Elixir's employee count trend

Elixir has 80 employees as of Aug 25. The total employee count is 21.0% more than what it was in Aug 24. Here is Elixir's employee count trend over the years:

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Top competitors of Elixir include ANQ Finance, PhoneParLoan and CityCash. Here is the list of Top 10 competitors of Elixir, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ANQ Finance 2022, Bengaluru (India), Funding Raised	Online platform offering the crypto-powered card	-	Purple Matter, MH Ventures & 2 others	51/100
2nd	Elixir 2023, Delhi (India), Unfunded	Provider of a prepaid card rewarding healthy lifestyle choices	-	-	47/100
3rd	PhoneParLoan 2015, Delhi (India), Seed	Online marketplace offering personal loans for consumers	$611K	Cashbus Cayman, Incubate Fund India & 34 others	45/100
4th	CityCash 2017, Mumbai (India), Seed	Developer of tap-to-pay solutions for retail, transit, and government payments	$4.73M	Orios Venture Partners, ICICI Bank & 37 others	45/100
5th	Orbit Wallet 2023, Bengaluru (India), Seed	NFC-enabled relodable prepaid card payment solution for individuals	$269K	100X.VC, Shavdia Ventures & 5 others	38/100
6th	Paramotor Digital Technology 2016, Mumbai (India), Unfunded	Mobile-based payments processing solutions with QR-code, and virtual POS	-	-	38/100
7th	Fab Money 2024, Mumbai (India), Unfunded	Provider of rewards card for direct transactions between users through a central website with open API	-	-	36/100
8th	FYOOL 2020, Delhi (India), Deadpooled	Reward point credit for every transaction	-	-	31/100
9th	Onecard 2020, Pune (India), Unfunded	-	-	-	31/100
10th	TruCard 2016, Delhi (India), Unfunded	Platform offering stablecoins backed by gold & silver	-	-	31/100

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Founders (largest shareholder) own 71.22%, Funds own 17.30%, Angels own 1.30% and ESOP Pool own 10.18%. The net worth of Elixir's founders is INR 30.6Cr as of Sep 27, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	71.22%	30.6Cr	5169152	2121747	2622185	2054003
Fund	17.30%	7.42Cr	8673231	3301923	4446971	8679409
Angel	1.30%	55.9L	4	7	8	8
ESOP Pool	10.18%	4.37Cr	1060296	1932531	3964620	9636360
Total	100.00%	42.9Cr	8929220	2490396	7435967	4211149