ePayLater

ePaylater is a payment solution that aims to separate the experience of shopping from the hassles of payment process.

ePayLater lets you make multiple purchases, and pay for all of them in one go on a later date.

ePayLater was founded in 2015 by Aurko Bhattacharya, Akshat Saxena, Uday Somayajula, Prasannaa Muralidharan, and Shanmu Thiagaraja. The company is based in Mumbai, Maharastra, India.

 

ePaylater offers a “Buy now Pay later” product for frequent online purchasers with a credit term. This not only removes the hassle of entering credit card details repeatedly but also allows consumers to buy items in bulk and settle their payments when they have time on their hands.

 

ePayLater provides zero-cost credit to Small and Medium Enterprises (SMEs) across the country and has disbursed over Rs 1,000 crore in facilitating inventory purchases. 

 

ePayLater works closely with B2B majors like Walmart, Metro Cash and Carry, BigBasket and directly with large FMCG brands. ePayLater currently partnered with IRCTC, PVR Cinemas, Industrybuying, Tolexo, Crowit, GoodBox and are poised for more in the days to come.

 

ePayLater is backed by ICICI Bank, Responsability Investments AG, Pravega Ventures, GMO PG, Blue Ashva Capital, Patni Financial Advisors, and others. The company raised $10M in Series B round on Sep 23, 2021. This brings ePayLater's total funding to $15.7M to date.

 

 

  • Year founded: 2015
  • Funding Info: $15.7M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Mumbai
  • State: Maharashtra
  • Country: India
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