Tag: Mohan K

IppoPay acquires Chennai-based Roamsoft Technologies

IppoPay Technologies, a verticalized payments infrastructure company, said in a statement that it has acquired the business of Roamsoft Technologies Pvt Ltd, a fintech focused IT products and services company located in Tamil Nadu, for an undisclosed amount. Roamsoft, headquartered in Chennai, is primarily engaged in the business of developing products and providing technology services…

IppoPay appoints Ramprashanth Ganesan as Chief Strategy Officer

IppoPay Technologies, a verticalized payments infrastructure company has appointed Ramprashanth Ganesan as Chief Strategy Officer to spearhead their expansion into new verticals. Ramprashanth brings with him a vast experience of over a decade in investment banking with Spark Capital Advisors, where he has advised various companies across financial services and fintech sectors. During his time…

The Meat Chop raises Rs 7cr funding from Ippo Pay, Dunzo Co-Founders, and Other Global Angels

Local butcher stores sourcing and tech enabling startup “The Meat Chop” based out of Chennai on Tuesday announced that it has raised INR 7 crores in seed funding from Mohan K Co-Founder IppoPay, Ankur Agarwal Co-Founder Dunzo, Meenakshi Sundaram, Jaikumar R Co-Founder IppoPay, Rahul Mahipal Founder Capitar Ventures, Omar Bin Brek Founder & CEO Foloosi a UAE based FinTech, Amith D’Souza…

IppoPay appoints Shabareesh Suresh as General Counsel

IppoPay, a fintech start-up providing payment infrastructure to small businesses in Tier-2 and 3 cities, and rural areas, announced the appointment of Shabareesh Suresh as its General Counsel. The appointment will further strengthen the leadership team at IppoPay, which currently is a mix of renowned professionals with deep domain expertise, a statement said. Shabareesh Suresh is…

Chennai-based fintech IppoPay acquires risk management startup Tutelar

IppoPay, a verticalised payments infrastructure startup, announced that it is acquiring the business of Tutelar, a full-stack AI-based Risk Management Company. Tutelar builds products for real-time KYC and transaction fraud detection and risk management at every level of the payments value chain. The company enables risk-free onboarding, dispute resolutions, KYC fraud detection, transaction fraud detection,…

Chennai-based fintech startup Backspace Tech raises $450K in pre-seed round

Fintech startup Backspace Tech announced that it has raised $450 K USD from strategic investors. The names include Mohan K & Jai Kumar, Founders of Ippopay (Fintech), Omar Bin Brek, UAE-based founder of Foloosi (fintech) along with M2P Founders and Other Angel Investors. Backspace Tech, founded by Praveen Krishna Dev, Vishwanath Vijayan and Karthick Sivaram…

Chennai-based fintech startup IppoPay raises $2.1 M in funding

Fintech startup IppoPay announced it has raised $2.1 million in Seed funding from Coinbase Ventures, Better Capital, Blume Founders Fund, and a number of high-profile angel investors. Founded in November 2020, the IppoPay has enabled 50,000 offline merchants and daily income earners in the Indian Tier 2, Tier 3, and rural market to increase their revenues through…

Chennai-based agritech startup Veg Route raises pre-seed funding

Veg Route, an Agri tech fresh produce B2C supply chain, announced that it has secured $125K in Pre-Seed funding round led by the founder of Ippopay Mohan K, CEO & Jai Kumar, CTO, Prabhu R, Co-Founder, M2P Fintech, and also UAE Based Fin-Tech Startup Foloosi’s Founder Omar Bin Brek. Veg Route is helping farmers by eliminating middlemen engagement, Veg Route is…