When was Mswipe founded?

Mswipe was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Mswipe located?

Mswipe is headquartered in Mumbai, India. It is registered at A-2602, 26th Floor, Marathon Futurex, Mafatlal Mills Compound,N.M.Joshi Marg,L, ower Parel, Mumbai City, Mumbai, Maharashtra, India, 400013.

Which legal entities is Mswipe associated with?

Mswipe is associated with MSWIPE TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Mswipe have?

As of Jun 30, 2025, the latest employee count at Mswipe is 1066.

Is Mswipe a funded company?

Mswipe is a funded company, having raised a total of $126M across 10 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 26, 2011.

How much is Mswipe worth?

The latest valuation of Mswipe is $***** as of Mar 18, 2024.

When was the latest funding round of Mswipe?

Mswipe's latest funding was a $***** Series E round on Jun 27, 2023, with participation from 8 investors.

What is the annual revenue of Mswipe?

Annual revenue of Mswipe is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Mswipe rank among its competitors?

Mswipe ranks 3rd amongst 60 active competitors, of which 9 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Ingenico, which secured $174M in Aug, 2026.

Who are the top competitors of Mswipe?

Mswipe's top competitors include Ezetap, Ingenico and Evolute. Among them, Ingenico secured the most recent funding round in August, 2026.

Mswipe - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of payment technology solutions for retail and online businesses. The company offers smart point-of-sale devices, sound boxes, and payment gateways. These solutions facilitate in-store transactions via cards, UPI, and payment links. Additionally, the company provides merchant applications and portals for managing transactions, settlements, and invoices. The business also offers APIs and SDKs for integration with business software.

Website: www.mswipe.com/
Social
Email ID: *****@mswipe.com
Phone Number: +91 **********
Registered Address: A-2602, 26th Floor, Marathon Futurex, Mafatlal Mills Compound,N.M.Joshi Marg,L, ower Parel, Mumbai City, Mumbai, Maharashtra, India, 400013

Key Metrics

Founded Year

2011

Location

Mumbai, India

Stage

Series E

Total Funding

$126M in 10 rounds

Latest Funding Round

Series E, Jun 27, 2023, $*****

Post Money Valuation

$***** as on Mar 18, 2024

Investors

Z47 & 24 more

Ranked

3^rd among 60 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

1,066 as on Jun 30, 2025

Similar Companies

SumUp & 1090 more

View Mswipe's full profile

Mswipe is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mswipe Capital Private Limited CIN: U82910MH2019PTC326025 , India, Active	May 29, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	938 (As on Jun 30, 2025)
MSWIPE TECHNOLOGIES PRIVATE LIMITED CIN: U72300MH2011PTC215103 , India, Active	Mar 22, 2011	₹100 - ₹500 Cr (As on Mar 31, 2025)	128 (As on Jun 30, 2025)

Mswipe has raised a total funding of $126M over 10 rounds. Its first funding round was on Dec 26, 2011. Its latest funding round was a Series E round on Jun 27, 2023 for $*****. 8 investors participated in its latest round. Mswipe has 18 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Mswipe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 27, 2023	1876344	Series E	8160519	1318296	4183100	7732521
Mar 08, 2019	4708304	Series E	8546679	7402267	6425340	DSG Consumer Partners & 2 more
Aug 07, 2018	5396132	Series D	1198109	3186180	Epiq Capital	4879639

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View details of Mswipe's funding rounds and investors

The founders of Mswipe is Manish Patel.

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

Manish Patel: Co-Founder & Managing Director of Mswipe and founder of 1 other company. They are also an angel investor in 8 startups and serve on the boards of 3 companies.
Contact Info: 1 phone number

Mswipe's Board of Directors

Mswipe's board has 3 active members. Manish Patel is part of team and Deepak Ishwardas Shahdadpuri and Ketan Jagdishbhai Patel are independent board members.

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

Name	Type	Representing	Status	Duration
rqlgzch	Team	-	Past	1y 5m
{pqxaes	Team	-	Past	3y 2m
jgmescu	Investor	rcbjeaf	Past	5y 6m
epkmd{n	Independent board member	-	Past	7y 7m
jaxyxel	Independent board member	-	Past	3y 9m
sjcpzbp	Independent board member	-	Past	7y 5m

View details of Mswipe's Founder profiles and Board Members

Mswipe's employee count trend

Mswipe has 1,066 employees as of Jun 25. The total employee count is 7.0% lower than what it was in Jun 24. Here is Mswipe's employee count trend over the years:

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Top competitors of Mswipe include Ezetap, Ingenico and Evolute. Here is the list of Top 10 competitors of Mswipe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ezetap 2011, Bengaluru (India), Acquired	Cloud-based mPOS software and hardware solutions for businesses	$66.4M	Social Capital, Helion Venture Partners & 42 others	72/100
2nd	Ingenico 1980, Suresnes (France), Acquired	Provider of payment acceptance devices, estate management, and commerce enhancing solutions	-	PIMCO, Bpifrance	71/100
3rd	Mswipe 2011, Mumbai (India), Series E	Provider of payment technology solutions for retail and online businesses	$126M	Axis Bank, Alpha Wave Global & 23 others	67/100
4th	Evolute 1970, Mumbai (India), Early Stage	Embedded systems and fintech solutions provider	$241K	Vertex Holdings, Evolute Ventures & 2 others	54/100
5th	Visiontek 1993, Hyderabad (India), Unfunded	Provider of POS and mPOS terminals for businesses	-	-	44/100
6th	SignCatch 2014, Delhi (India), Seed	Provider of retail commerce software solutions for digital business operations	$1.85M	Eden Investment Holding, unicorninvestmentgroup.com ... & 51 others	44/100
7th	PAX Technology Limited 2000, Hong Kong (China), Public	Payment terminals and software	-	HAO Capital, Ojp	42/100
8th	BeWo Techno 2010, Chennai (India), Seed	Hardware and software-based terminal for the rural financial market	$1.52M	UCLA Foundation & 7 others	40/100
9th	2can 2012, Moscow (Russia), Series B	Mobile based card reader for Russian market	$9.6M	Inventure Partners, Almaz Capital & 3 others	40/100
10th	POSRocket 2016, Amman (Jordan), Acqui-Hired	Cloud-based POS software and hardware solutions for offline retailers	$7.15M	Algebra Ventures, etihadwallet.com & 13 others	39/100

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Founders own 12.15%, Funds (largest shareholder) own 74.71%, Enterprises own 2.39% and Angels own 0.00%. The net worth of Mswipe's founders is INR 134Cr as of Mar 18, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	12.15%	134Cr	5964160	1577891	6351113	6803970
Manish Patel	2271359	3948654	7674360	9870448	7014584	4738740
Fund	74.71%	823Cr	6139757	7843295	4451419	5549666
Alpha Wave Global	5075102	6211586	3428497	3176072	1028710	9858099
Epiq Capital	900691	933642	485075	879938	834403	488400
DSG Consumer Partners	404	638	647	145	971	960
Enterprise	2.39%	26.2Cr	38	71	22	76
Angel	-	0	0	0	0	0
Other People	1.48%	16.4Cr	1	6	2	2
ESOP Pool	9.27%	102Cr	7875116	8982303	7354988	4368873
Total	100.00%	1,100Cr	1900677	3063456	3360109	7231278