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The rise of Virtual PoS - Pay for any of your expenses using Credit card with Paymatrix now - Vimarsana News

The rise of Virtual PoS - Pay for any of your expenses using Credit card with Paymatrix now

New Delhi [India], August 10 (ANI/SRV): Muthoot Pappachan Group that has specialized in gold loans for over a century has picked up 54 per cent stake in Hyderabad-based fintech start-up Paymatrix by buying out investors as part of its added focus on the digital segment. Paymatrix is a fintech company that was set up in 2016 by Mukesh Chandra Anchuri and Muralidhar Nayak Guguloth as a platform to enable individuals and businesses to make their payments such as rental advances, security deposits, and maintenance on credit cards. "We started with a small use-case of offering rent-related pay...

Related Topics:
United Arab EmiratesAndhra PradeshNew DelhiMukesh Chandra AnchuriMuralidhar Nayak GugulothJan Dhan YojanaMuthoot Pappachan GroupXseed Partners Iiith Seed Fund FoundationChief Executive OfficerVirtual PosSmart City DubaiPappachan GroupPradhan Mantri Suraksha Bima YojanaRupay CardsNew Delhi IndiaUgust 10 Ani Srv Muthoot Pappachan Group That Has Specialized In Gold Loans For Overa Century Picked Up 54 Per Cent Stake Hyderabad Based Fintech Start Paymatrix By Buying Out Investors As Part Of Its Added Focus On The Digital Segment Isa Company Was Set 2016 Mukesh Chandra Anchuri And Muralidhar Nayak Guguloth Asa Platform To Enable Individuals Businesses Make Their Payments Such Rental AdvancesSecurity DepositsNd Maintenance On Credit Cards Quot We Started Witha Small Use Case Of Offering Rent Related Payments To Eventually Evolve Intoa Virtual Swiping Machine Ora Soft Pos Point Sale Enabling For All Expenses And Bills Usinga Card The Idea Paymatrix Was Conceived When Faceda Similar Situation Arranging 300000 Inr As Rental Deposits To Our Landlord In BombayUot Divulged MukeshHief Executive Officer Of Paymatrix Since Their Landlords Didn 39t Accept Any Credit Card PaymentsUkesh And Muralidhar Seeded The Idea Ofa Platform That Can Assist Individuals To Meet Liquidity Requirement For Large Ticket Payments Or Unforeseen Expenses Goes On Say Their Paymatrix App Enables Businesses Use Credit Cards Pay Any Expense Into Bank Account Of Recipient It Is Likea Digital Swiping Machine Virtual Pos This Stands Be 39s Core Value Proposition Too RentUition Fees Etc And Businesses Can Pay For Expenses Such As PayrollUppliers And Vendors Directly Into Their Bank Account Usinga Credit Card Quot We Facilitate Various Value Added Services To The Customers Such As Bill PaymentsArent Payments
CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme - Vimarsana News

CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme

Uniindia: HYDERABAD, India, Dec. 1, 2021 /PRNewswire/ - CIE (IIITH Foundation), the Center for Innovation & Entrepreneurship of IIIT Hyderabad, has been selected for the Startup India Seed Fund Scheme by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India.

CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme - Vimarsana News

CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme

/PRNewswire/ -- CIE (IIITH Foundation), the Center for Innovation & Entrepreneurship of IIIT Hyderabad, has been selected for the Startup India Seed Fund...

Govt grants Rs 5 crore fund to Hyd-based CIE (IIITH Incubator) - Vimarsana News

Govt grants Rs 5 crore fund to Hyd-based CIE (IIITH Incubator)

Funds will be used to amplify investments in pre-revenue stage deep tech and research startups

CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme - Vimarsana News

CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme

Read more about CIE (IIITH Incubator) selected for INR 5 Crore startup funding grant from Startup India Seed Fund Scheme on Devdiscourse