FundedIQ
Financial Services

IppoPay: Funding, Investors & Team (Aug 2026)

IppoPay provides Payment Solutions to Small businesses, SMEs, and Freelancers. IppoPay is a Payment Aggregator for businesses that collect and accept payments from their customers using Payment links, Invoice, Subscription, Social Commerce, and UPI. We target businesses, freelancers, homeprenures, and people who do business in Tier 2 and 3 cities, and rural areas Subscription: IppoPay helps small business like milk vendors, newspaper agencies, and Service AMC business/individuals to receive monthly/weekly/daily recurring payments Social Commerce: IppoPay helps bring offline business online. Create your online store in 20 sec. Create an online, showcase & manage your products over social media and increase your sales. UPI and Tap to Phone: We have all kinds of stores/vendors to receive payments via UPI. IppoPay offers stores/sellers a simple way to accept card payments. Contactless payments acceptance through the seller’s smartphone. Sellers do not require additional hardware. Easy to set up on their own phone. Payment Gateway: Accept domestic and international payments with 100+ payment options via Payment Links, Invoice, Web API, SDKs, and eCommerce plugins.

www.ippopay.com LinkedIn Chennai, India 11-50 employees
FinTech
Total raised
$2.4M
Rounds
2
Latest
Seed
Jan 2022

IppoPay has raised $2.4M across 2 funding rounds on record, the most recent a Seed of $2.1M announced in Jan 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

IppoPay Company Profile and Key Stats

Total funding raised
$2.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$2.1M in Jan 2022
Employees
11-50
reported band
Headquarters
Chennai, India

Latest funding round on record: Jan 2022.

IppoPay Funding Rounds

Date
Round
Amount
Seed
$2.1M
Pre-Seed
$300k

IppoPay raised $300k in a Pre-Seed announced in Sep 2021.

4 months later, a Seed of $2.1M was announced in Jan 2022.

IppoPay Founders and Leadership Team

Name
Role
Contact
Mohan Karuppiah
CEO
Locked

Contact details for the IppoPay team: 1 of 1 has an email address on file.

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IppoPay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,220
$3.0M
16,485
$3.1M

IppoPay's latest round of $2.1M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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IppoPay Funding FAQs

What does IppoPay do?

IppoPay provides Payment Solutions to Small businesses, SMEs, and Freelancers. IppoPay is a Payment Aggregator for businesses that collect and accept payments from their customers using Payment links, Invoice, Subscription, Social Commerce, and UPI. We target businesses, freelancers, homeprenures, and people who do business in Tier 2 and 3 cities, and rural areas Subscription: IppoPay helps small business like milk vendors, newspaper agencies, and Service AMC business/individuals to receive monthly/weekly/daily recurring payments Social Commerce: IppoPay helps bring offline business online. Create your online store in 20 sec. Create an online, showcase & manage your products over social media and increase your sales. UPI and Tap to Phone: We have all kinds of stores/vendors to receive payments via UPI. IppoPay offers stores/sellers a simple way to accept card payments. Contactless payments acceptance through the seller’s smartphone. Sellers do not require additional hardware. Easy to set up on their own phone. Payment Gateway: Accept domestic and international payments with 100+ payment options via Payment Links, Invoice, Web API, SDKs, and eCommerce plugins.

How much funding has IppoPay raised?

IppoPay has raised $2.4M across 2 rounds on record. The most recent is a Seed of $2.1M announced in Jan 2022.

When did IppoPay last raise funding?

IppoPay's most recent funding round on record is a Seed of $2.1M, announced in Jan 2022.

Who is the CEO of IppoPay?

Mohan Karuppiah is listed as CEO at IppoPay.

Where is IppoPay headquartered?

IppoPay is based in Chennai, Tamil Nadu, India.

How many employees does IppoPay have?

IppoPay is in the 11-50 employee band.

How does IppoPay's funding compare to other Financial Services startups?

IppoPay's latest round of $2.1M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's IppoPay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for IppoPay is left off this page rather than filled in.

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