What is Ezetap?
Ezetap is an Indian fintech company founded in 2011, headquartered in Karnataka. It aims to revolutionize the digital payment ecosystem in India by providing a frictionless experience. The company has successfully deployed over 200,000 smart service points, catering to a diverse clientele including brick-and-mortar retailers, e-commerce platforms, leading enterprises, and financial inclusion organizations. Ezetap's platform is built by a team with extensive experience in payments, hardware, cloud, and SaaS industries, positioning it as a key player in the digital transformation of payments within the region.
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 Berggruen Holdings, Helion Venture Partners, and Social+Capital Partnership, LP
Series C (2015): $23.5M supported by Berggruen Holdings, The Social + Capital Partnership, Helion Advisors Private Limited, Horizons Ventures, and Capricorn Investment Group
Private Equity (2017): $16M featuring Social Capital and Horizons Ventures
Key Investors in Ezetap
Berggruen Holdings
Berggruen Holdings is an investment firm focused on long-term, value-oriented equity investments across various industries and asset classes, including private equity, real estate, and startups. They are known for their strategic approach to transforming global markets through significant investment opportunities.
Helion Venture Partners
Helion is a multi-stage, India-focused venture fund managing over $600 million, investing in technology-powered businesses and Indian consumer services. Their portfolio includes internet, mobile, technology products, outsourcing, healthcare, education, retail, and financial services.
Social+Capital Partnership, LP
Social Capital is an investment firm dedicated to making significant investments in transformative ideas and technologies, aiming to create a positive impact. They focus on empowering entrepreneurs who seek to improve lives globally through innovative ventures.
What's next for Ezetap?
With the recent major strategic investment, Ezetap is poised for accelerated expansion and innovation. The substantial capital infusion, part of its enterprise-level funding, will likely fuel further development of its payment solutions, enhance its technological infrastructure, and broaden its market reach across India. This backing from prominent investors suggests a strategic focus on scaling operations and solidifying its position as a leader in India's rapidly evolving digital payments landscape. The company's continued growth trajectory indicates a strong potential for future advancements in payment technology and financial inclusion.
See full Ezetap company page
