What is NumberMall Private?
NumberMall Private is a Hyderabad-based fintech startup that operates a sophisticated online payment gateway and service aggregation platform. Since its inception in 2012, the company has diversified its service portfolio, moving beyond basic mobile and DTH recharges to encompass a wide array of digital transactions, including utility bill payments, insurance premiums, and travel bookings. The firm maintains a strong market position by bridging the gap between digital service providers and a vast, growing merchant network. With a reported gross merchandise value (GMV) showing consistent year-over-year growth, NumberMall is effectively capturing the increasing demand for digitized financial services in India, positioning itself as a critical intermediary in the regional digital economy.
How much funding has NumberMall Private raised?
NumberMall Private has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2015): $10M with participation from SRI Capital
Key Investors in NumberMall Private
SRI Capital
SRI Capital is an investment firm focused on early-stage companies that operate at the intersection of artificial intelligence, robotics, and enterprise software. The firm aims to bridge innovation between the United States and India, targeting transformative businesses in these sectors.
What's next for NumberMall Private?
Looking ahead, NumberMall is poised for an aggressive expansion phase, with plans to scale its merchant network from 13,000 to 100,000 within the next 18 months. This growth strategy is supported by a roadmap that includes the integration of advanced financial services such as money transfers and comprehensive holiday package bookings. The current capital infusion provides the necessary runway to optimize these service offerings and solidify the company's infrastructure. As the firm prepares for future financing rounds, the focus remains on maintaining high GMV growth rates and achieving operational excellence, ensuring that NumberMall remains a dominant force in the evolving fintech ecosystem.
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