FundedIQ
Financial Services

Vegapay: Funding, Investors & Team (Aug 2026)

VegaPay is a fintech company that provides configurable solutions for faster, scalable, and seamless banking. The company empowers both regulated entities and fintechs to issue cards and other lending products, thereby increasing their market penetration.

www.vegapay.tech LinkedIn Gurgaon, India 11-50 employees
Total raised
$6.6M
Rounds
2
Latest
Seed
May 2024

Vegapay has raised $6.6M across 2 funding rounds on record, the most recent a Seed of $5.5M announced in May 2024.

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

Vegapay Company Profile and Key Stats

Total funding raised
$6.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$5.5M in May 2024
Employees
11-50
reported band
Headquarters
Gurgaon, India

Latest funding round on record: May 2024.

Vegapay Funding Rounds

Date
Round
Amount
Seed
$5.5M
Pre-Seed
$1.1M

Vegapay raised $1.1M in a Pre-Seed announced in Aug 2023.

9 months later, a Seed of $5.5M was announced in May 2024.

Vegapay Founders and Leadership Team

Name
Role
Contact
Himanshu Agrawal
Founder
Locked
Puneet Sharma
Founder
Locked

Contact details for the Vegapay team: 2 of 2 have an email address on file.

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Vegapay Funding Compared to Other Financial Services Startups

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

Vegapay's latest round of $5.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Vegapay Funding FAQs

What does Vegapay do?

VegaPay is a fintech company that provides configurable solutions for faster, scalable, and seamless banking. The company empowers both regulated entities and fintechs to issue cards and other lending products, thereby increasing their market penetration.

How much funding has Vegapay raised?

Vegapay has raised $6.6M across 2 rounds on record. The most recent is a Seed of $5.5M announced in May 2024.

When did Vegapay last raise funding?

Vegapay's most recent funding round on record is a Seed of $5.5M, announced in May 2024.

Who founded Vegapay?

FundedIQ lists Himanshu Agrawal (Founder), Puneet Sharma (Founder) at Vegapay.

Where is Vegapay headquartered?

Vegapay is based in Gurgaon, Haryana, India.

How many employees does Vegapay have?

Vegapay is in the 11-50 employee band.

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

Vegapay's latest round of $5.5M 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 Vegapay 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 Vegapay is left off this page rather than filled in.

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