Where is Toucan located?

Toucan is headquartered in Hyderabad, India. It is registered at Plot No.45, 4th Floor, Kavuri Hills, Phase-I, Hyderabad, Madhapur, Telangana, India, 500033.

Who is the current CEO of Toucan?

Suresh Kakarla of Toucan. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Toucan associated with?

Toucan is associated with TOUCAN PAYMENTS (INDIA) PRIVATE LIMITED.

How many employees does Toucan have?

As of Jun 30, 2026, the latest employee count at Toucan is 183.

Is Toucan a funded company?

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

What is the annual revenue of Toucan?

Annual revenue of Toucan is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Toucan rank among its competitors?

Toucan ranks 10th amongst 147 active competitors, of which 10 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Mintoak, which secured $5.93M in Dec, 2025.

Who are the top competitors of Toucan?

Toucan's top competitors include Mintoak, Mylapay and Phi Commerce. Among them, Mintoak secured the most recent funding round in December, 2025.

Toucan - 2026 Company Profile, Team, Competitors & Financials

Toucan is an unfunded company based in Hyderabad (India), founded in 2019 by Suresh Kakarla. It operates as a Provider of payment solutions for businesses. Toucan has not raised any funding yet. The company has 147 active competitors, including 10 funded and 16 that have exited. Its top competitors include companies like Mintoak, Mylapay and Phi Commerce.

Company Details

Provider of payment solutions for businesses. It provides end-to-end payment, data, and financial management solutions. It offers platform for payments, which includes features such as payment processing, collection, remittance, reporting, and more. Providing merchant services, including streamline merchant services, real-time payments, fraud detection, AML checks, and data privacy compliance.

Website: toucanus.com
Social
Registered Address: Plot No.45, 4th Floor, Kavuri Hills, Phase-I, Hyderabad, Madhapur, Telangana, India, 500033

Key Metrics

Founded Year

2019

Location

Hyderabad, India

Stage

Unfunded

Ranked

10^th among 147 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

183 as on Jun 30, 2026

Similar Companies

Mintoak & 180 more

View Toucan's full profile

Toucan is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TOUCAN PAYMENTS (INDIA) PRIVATE LIMITED CIN: U72900TG2020PTC144491 , India, Active	Oct 03, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	150 (As on Aug 31, 2024)

Toucan has not raised any funding rounds yet.

The founders of Toucan is Suresh Kakarla. Suresh Kakarla is the CEO of Toucan.

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

Suresh Kakarla: Founder & CEO of Toucan and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address

Toucan's Board of Directors

Toucan's board has 2 active members. Srinivasa Raju Penmetsa and Srikanth Mopidevi are independent board members.

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

Name	Type	Representing	Status	Duration
Srinivasa Raju Penmetsa	Independent board member	-	Current	5y 10m
shn{ihh	Independent board member	-	Current	8y 9m

View details of Toucan's Founder profiles and Board Members

Toucan's employee count trend

Toucan has 183 employees as of Jun 26. Here is Toucan's employee count trend over the years:

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Top competitors of Toucan include Mintoak, Mylapay and Phi Commerce. Here is the list of Top 10 competitors of Toucan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mintoak 2017, Mumbai (India), Series A	Provider of merchant engagement, payment acceptance, and banking platform solutions	$30.6M	HDFC Bank, PayPal & 18 others	74/100
2nd	Mylapay 2019, Chennai (India), Seed	Provider of payment processing and risk management solutions	$1.74M	CDM Capital, Cameo Corporate & 33 others	60/100
3rd	Phi Commerce 2015, Pune (India), Series B	Provider of omnichannel payment gateway and aggregator solutions for businesses	$27.1M	Digital Garage, Beenext & 9 others	60/100
4th	PayPhi 2015, Pune (India), Series B	Provider of omnichannel payment solutions and infrastructure for diverse business needs	$27.1M	Beenext, Opus Technologies & 7 others	59/100
5th	Infinitium 1997, Petaling Jaya (Malaysia), Acquired	Payment solution provider for acquirer and merchant	-	-	53/100
6th	Decta 2015, London (United Kingdom), Seed	Merchant acquiring and payment processing solutions	$275K	-	52/100
7th	Bambora 2014, Sydney (Australia), Acquired	Merchant acquiring, PoS and mobile payment solutions	-	Nordic Capital, Aii Corporation	51/100
8th	PayFacto 2018, Montreal (Canada), Late Stage	Payment solutions for businesses	-	Flexpoint Ford, BMO	50/100
9th	CredoPay 2014, Chennai (India), Seed	Merchant acquirer payment processing solutions for businesses	$10.2M	EzSwype, Tjgreenenergy & 7 others	48/100
10th	Toucan 2019, Hyderabad (India), Unfunded	Provider of payment solutions for businesses	-	-	47/100