What is Ezetap?
Ezetap is an Indian company founded in 2011, headquartered in Karnataka, aiming to revolutionize the digital payment landscape. Comprised of industry veterans from payments, hardware, cloud, and SaaS sectors, Ezetap has deployed over 200,000 smart service points across India. Its platform serves a diverse clientele, including brick-and-mortar retailers, e-commerce entities, leading enterprises, and financial inclusion organizations, facilitating a frictionless digital payment ecosystem.
How much funding has Ezetap raised?
Ezetap has raised a total of $51M across 4 funding rounds:
Series A
$3.5M
Series B
$8M
Series C
$23.5M
Private Equity
$16M
Series A (2012): $3.5M with participation from Social Capital
Series B (2014): $8M led by Social+Capital Partnership, LP, Helion Venture Partners, and Berggruen Holdings
Series C (2015): $23.5M supported by The Social + Capital Partnership, Capricorn Investment Group, Horizons Ventures, Helion Advisors Private Limited, and Berggruen Holdings
Private Equity (2017): $16M featuring Social Capital and Horizons Ventures
Key Investors in Ezetap
Social Capital
Social Capital is an investment firm focused on solving hard problems by empowering entrepreneurs and investing in transformative ideas and technologies. They aim to create positive global impact through their investment strategies.
Horizons Ventures
Horizons Ventures partners with entrepreneurs, providing equity financing and active involvement to help turn startup ventures into successful companies with compelling and pragmatic visions.
Helion Venture Partners
Helion is a multi-stage, India-focused venture fund that invests in technology-powered businesses and Indian consumer services, with a portfolio spanning internet, mobile, healthcare, and financial services.
What's next for Ezetap?
With substantial backing and a proven track record of deploying smart payment solutions, Ezetap is strategically positioned for accelerated growth. The recent major strategic investment signals confidence from its backers in the company's ability to scale its operations and further innovate within India's rapidly evolving digital economy. Future endeavors will likely focus on expanding its service point network, enhancing its technological offerings, and solidifying its market leadership in digital payment solutions.
See full Ezetap company page