GRAMePAY[ A New growing Social Fintech Startup for Rural Banks in 2021]

GRAMePAY
0

Share with:


GRAMePAY is the Social Fintech Startup for Rural India  

GRAMePAY is a Social Fintech startup, founded by Jaideep Pawar with his wife Laxmi Pawar, and Kuldeep Singh on a mission to empower the Rural Indian Merchants acting as the Digital Payment Platform within Rural India comprising of Tier3, Tier4, Tier5, Tier6  semi-urban Cities, towns, and villages.

 

Startup GRAMePAY  
Website www.gramepay.com
Founded Oct 15, 2020
Headquarters Navi Mumbai, India
Products Mutual Funds, Insurance, SaaS
Revenue Model B2B2C,Subscription

How does GRAMePAY start in 2020?

With a combined career of 35+ years in the Finance Domain, Jaideep and Kuldeep have been worked for Payment Platforms such as EuroNet, Fino, Adding this Mr.Pawar has worked on a project at Harvard Business School, where Jaideep’s Mentor has insisted him to get into the career of Entrepreneurship.
 
Moreover, Jaideep has seen a gap between the existing finance system and Rural India and thought of building a Payment platform for bridging the gap,  he has Registered the GRAMePAY Trademark on Oct 15, 2020 hence came into existence.
 
Here is a quick overview of GRAMePAY
 
GRAMePAY overview
 
 

Where does GRAMePAY stand now?

As a social fintech, GRAMePAY has Operations in the Indian states of Maharashtra, Karnataka, Tamilnadu, Andhra Pradesh with the collaboration of over 450+ banks including many Regional Rural Banks, Co-operative Banks, to act as the Digital Payment Consultant between Merchants and banks.

This Navi-Mumbai-based startup has partnered with payment platforms likes lyra, esds, Auxillium, MisscallPay, CredoPay, Razorpay, and French Payments Giant WorldLine.

The Social Payment startup is most preferably focusing on Female Merchants& Entrepreneurs.

 

GRAMePAY Funding

Incubated by IIM Udaipur Gramepay has an equity  Pie of 99% and IIM Udaipur holds 1% .

According to the CEO of  “Gramepay is to build Rural India Financial Ecosystem Accessible to every common man” was told to Jobifynn

 

More About GRAMePAY

 

Is Gramepay related to any other company?

No, Gramepay is not related to any other company, It is completely an Independent company registered under RoC-Mumbai as Ompri Buildcon Private Limited.

 

Who are the competitors of Gramepay?

Gramepay has Competitors in the market in the name of tech giants such as Pinelabs, BhartiPay, PhonePe, GooglePay. 

 

Who are the Founders of Gramepay?

Jaideep Pawar, CEO

Kuldeep Singh, CMO

Laxmi Pawar, COO

 

Does Gramepay have the App?

No

Related Blogs

  • https://jobifynn.com/storage/2021/07/Uclean-featured-236x168.jpeg
    Aug 3, 2021
    Uclean[how this laundromat startup…

    Uclean is a web and App-based Laundromat  digital Startup What is Uclean? Uclean is a Laundromat startup that provides Laundry services, dry cleaning, shoe cleaning, bag cleaning, car cleaning, sofa cleaning, carpet cleaning, founded by Arunabh Sinha, Gunjan Taneja, Dinesh..

    0 Read More
  • https://jobifynn.com/storage/2021/08/startups-Calendar-236x168.jpg
    Aug 1, 2021
    Growing startups in india…

    Startups in India Startups in India are growing at a very rapid pace turning into unicorns in the span of weeks. Below are a few of the most happening startups from various sectors that are adding up to the programme..

    0 Read More
  • https://jobifynn.com/storage/2021/07/citilight_icon_complete-236x168.png
    Jul 30, 2021
    Citilight[An IoT startup growing…

    Citilight is a smart street lighting system services provider what is Citilight? Citilight is an IoT and Hardware-based startup founded by Aman Chawla with his wife Shinjini Chawla, aimed at a mission "to change the lives of a billion People..

    0 Read More
  • https://jobifynn.com/storage/2021/07/Croblaze-logo-236x168.png
    Jul 29, 2021
    Croblaze[one of the agritech…

    Croblaze, An Agritech Digital Platform connecting the farmers and the consumers what is Croblaze? Croblaze is a web-based Agritech delivery startup where customers can place an order of organic Veggies and fruits and get delivered with ease, founded by three..

    0 Read More
  • https://jobifynn.com/storage/2021/07/Edumpus-scaled-1-236x168.jpg
    Jul 28, 2021
    Edumpus[A growing Edutech startup…

    Edumpus is the Merging of Amazon and Linkedin Especially for education on a single App Edumpus is the EduTech Startup founded by Basil Ali and RK Ajesh in the year 2019 on a mission aiming "to Simplify the Admission Process..

    0 Read More
  • https://jobifynn.com/storage/2021/06/Power-Gummies-featured-image-236x168.jpg
    Jul 27, 2021
    Power Gummies[A New growing…

    Power Gummies is the Nutraceutical  Startup for bringing Hassle-free health on the go What is Power Gummies? Power Gummies is a nutraceutical Startup founded by Divij Bajaj, aimed at a mission to develop "a Pill alternative company to provide nutrition..

    0 Read More
  • https://jobifynn.com/storage/2021/06/Spintly-logo-236x168.png
    Jul 23, 2021
    Spintly[A New growing Access…

    Spintly is the Access Control System Startup What is Spintly? Spintly is the Wireless Technology and Hardware Development Startup, Founded by Rohin Parkar and Malcolm Dsouza aimed at a mission "to Simplify the Access Control System for Companies". Spintly is the..

    0 Read More
  • https://jobifynn.com/storage/2021/07/Remedinart-236x168.jpg
    Jul 22, 2021
    Remedinart[A disrupting Obstetrics Startup…

    Remedinart is a Digital Platform Startup for Obstetrics Services  Remedinart is a web-based digital Obstetric focused Health-Tech Startup founded by three Final year college students Smitesh Gadge, Priyanka Shinde, Gayatri Dhatrak on a mission to "Integrate Age-old Pregnancy Care with Technology..

    0 Read More
  • https://jobifynn.com/storage/2021/06/BelievInTech-Logo-236x168.png
    Jul 20, 2021
    BelievInTech[A New growing web…

    BelievInTech is the Web-development Startup BelievInTech is the Web Application & Website Development startup, Founded by Ketan Joshi and Abhinav Sharma aimed at a mission "to provide IT and Software Solutions to clients"   Startup BelievInTech Website Founded July 24, 2020..

    0 Read More
  • https://jobifynn.com/storage/2021/06/pic2-236x168.jpeg
    Jul 19, 2021
    PhysiQure[A new growing health…

    PhysiQure is the health care aggregator for all physiotherapy solutions   Physiqure is a digital Physiotherapeutic Platform Founded by Physio Anubha Singhai and Mr.Akanksh Tandon, IOTA Informatics, aimed at a mission "to reach the public at large and to help them with..

    0 Read More
  • https://jobifynn.com/storage/2021/07/BankSathi-official-logo-236x168.png
    Jul 13, 2021
    BankSathi.com [A New Growing…

    BankSathi.com is a Platform for Deep Tech financial Products. Banksathi.com is an AI-enabled fintech startup, Founded by Jitendra Dhaka, Himanshu Pujari, and Sandeep Chaudary on a Mission to empower consumers to save money and time on financial products such as..

    0 Read More