Shelfpay - About the company
Shelfpay is a seed company based in Bengaluru (India), founded in 2022 by Paras Rajput and Vedant Kumar. It operates as a Provider of a platform to manage and control spending. Shelfpay has raised $500K in funding from Y Combinator. The company has 5 active competitors, including 2 that are funded. Its top competitors include companies like MyPoolin, JoinSub and Spice.
Company Details
Provider of a platform to manage and control spending. It provides white-label wallet solutions to banks for offering wallet services to their end customers. It also provides banking, payments, tracking expenses, splitting bills, and group wallets eliminating the need to track, split or ask for money back.
- Website
- shelfpay.in
- Social
- Registered Address
- 301/302, 3rd Floor, Saket Callipolis Sarjapur Main Rd, Doddakannelli, Bangalore, Bengaluru, Karnataka, India, 560035
Key Metrics
Founded Year
2022
Location
Bengaluru, India
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
1st among 5 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
4 as on Jun 30, 2026
Legal entities associated with Shelfpay
Shelfpay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SHELFPAY PRIVATE LIMITED CIN: U72900KA2022PTC164170 , India, Active | Jul 22, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Mar 31, 2024) |
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Shelfpay's funding and investors
Shelfpay has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2022 for $*****. 1 investor participated in its latest round. Shelfpay has 2 institutional investors.
Here is the list of recent funding rounds of Shelfpay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2022 | 4849 | Seed | 2286 | 5680 | 7966 | 1788 |
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Shelfpay's founders and board of directors
Founder? Claim ProfileThe founders of Shelfpay are Paras Rajput and Vedant Kumar.
Here are the details of Shelfpay's key team members:
- Paras Rajput: Co-Founder of Shelfpay. They serve on the board of 1 company.Contact Info: 1 email address
- Vedant Kumar: Co-Founder of Shelfpay. They serve on the board of 1 company.Contact Info: 1 email address
Shelfpay's Board of Directors
Shelfpay's board has 4 active members. Paras Rajput and Vedant Kumar are part of team and Mehul Shrimali and Mohd Shadab Siddiqui are independent board members.Here is the list of Shelfpay's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 11m | |
Team | - | Current | 3y 11m | |
Independent board member | - | Current | 4y 0m | |
ujcygzl | Independent board member | - | Current | 4y 5m |
View details of Shelfpay's Founder profiles and Board Members
Shelfpay's employee count trend
Shelfpay has 4 employees as of Jun 26. Here is Shelfpay's employee count trend over the years:
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Shelfpay's Competitors and alternates
Top competitors of Shelfpay include MyPoolin, JoinSub and Spice. Here is the list of Top 10 competitors of Shelfpay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform to manage and control spending | $500K | 34/100 | ||
2nd | Online platform for money pooling | $250K | 31/100 | ||
3rd | Provider of customer engagement and retention solutions | $125K | 30/100 | ||
4th | Mobile app designed for college students and young adults | - | - | 20/100 | |
5th | Social payments app | - | - | 16/100 | |
6th | Payment splitting solution for consumers | - | - | 16/100 | |
7th | Rent and bills payment platform | - | - | 15/100 | |
8th | Mobile split app along with payments. | - | - | 15/100 | |
9th | Bill splitting solutions for consumers | - | - | 15/100 | |
10th | PoolWallet 2015, Delhi (India), Funding Raised | Money pooling based mobile app | - | 15/100 |
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Shelfpay's Investments and acquisitions
Shelfpay has made no investments or acquisitions yet.
Reports related to Shelfpay
Here is the latest report on Shelfpay's sector:
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