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Sifipay - About the company

Sifipay is a seed company based in Kolkata (India), founded in 2020 by Navneet Makharia. It operates as a Payment gateway solution for businesses. Sifipay has raised $5M in funding. The company has 5279 active competitors, including 501 funded and 469 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Payment gateway solution for businesses. It features an online payment API that allows businesses to accept online payment from clients via UPI address, bank account, e-wallet, and more. It automates the account reconciliation process that enables businesses to monitor customer payments and detects transaction anomalies.
Email ID
*****@sifipay.com
Phone Number
+91 **********
Registered Address
B-139,2nd floor Sector 69,Transport Nagar, Noida, Uttar Pradesh, India, 201301
Key Metrics
Founded Year
2020
Location
Kolkata, India
Stage
Seed
Total Funding
$5M in 1 round
Latest Funding Round
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
1 as on Jul 01, 2024
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Sifipay's funding and investors

Sifipay has raised a total funding of $5M over 1 round.

Here is the list of recent funding rounds of Sifipay:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 26, 2021
9730136
Seed
9366643
6527286
9969537
2633097
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Sifipay's founders and board of directors

Founder? Claim Profile
The founders of Sifipay is Navneet Makharia.
Here are the details of Sifipay's key team members:

Sifipay's Board of Directors

Sifipay's board has 2 active members. Navneet Makharia is part of team and Om Shanker Sharma is independent board member.
Here is the list of Sifipay's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 5m
Independent board member
-
Current
5y 5m
sypvnej
Independent board member
-
Past
2y 5m
rabtdxo
Independent board member
-
Past
7y 1m

Sifipay's employee count trend

Sifipay has 1 employees as of Jul 24. Here is Sifipay's employee count trend over the years:
Employee count trend for Sifipay
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Sifipay's Competitors and alternates

Top competitors of Sifipay include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Sifipay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PayPal
PayPal
1998, United States, Public
Provider of online payment solutions, money transfers, and virtual wallets
$216M
87/100
2nd
Logo for Stripe
Stripe
2010, San Francisco (United States), Series I
Provider of financial infrastructure solutions for revenue growth and payment processing
$9.81B
86/100
3rd
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
86/100
4th
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Series C
Provider of online payment solutions and financial services for businesses
$35.1M
84/100
5th
Logo for Flutterwave
Flutterwave
2016, San Francisco (United States), Series D
Provider of payment solutions for online and physical business transactions
$489M
83/100
6th
Logo for Xendit
Xendit
2015, Jakarta (Indonesia), Series D
Online payment and money transfer platform for businesses
$554M
83/100
7th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series G
Provider of multi-currency business accounts, global payments, and spend management
$1.58B
82/100
8th
Logo for Adyen
Adyen
2006, Amsterdam (Netherlands), Public
Provider of end-to-end payment, data, and financial management platform solutions
$266M
80/100
9th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Cross-border payment infrastructure provider
$362M
77/100
10th
Logo for Worldpay
Worldpay
1993, London (United Kingdom), Acquired
Provider of payment processing solutions for online, in-store, and omnichannel commerce
$18M
77/100
793rd
Logo for Sifipay
Sifipay
2020, Kolkata (India), Seed
Payment gateway solution for businesses
$5M
-
35/100
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Sifipay's Investments and acquisitions

Sifipay has made no investments or acquisitions yet.

Reports related to Sifipay

Here is the latest report on Sifipay's sector:

FAQs about Sifipay

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