Wednesday, September 4, 2024

Virender Sehwag Invests in Jaipur-Based Fintech Startup Getepay

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Former cricketer Virender Sehwag has stepped into the fintech sector by investing an undisclosed amount in Jaipur-based startup Getepay. In addition to his investment, Sehwag will serve as the brand ambassador and lend his voice to some of the company’s Interactive Voice Response System (IVRS) services.

Sehwag Excitement About Getepay

Expressing his enthusiasm, Sehwag said:

“I am thrilled to be onboard Getepay and be a part of their digital innovation journey. At Getepay, we are building digital offerings, especially for Bharat, which has excited me to be part of this journey. I am sure we will take this to maximum merchants in the coming days and enable cost-effective solutions for them.”

Former cricketer Virender Sehwag

What Does Getepay Do?

Founded by Pravin Sharma in 2016, Getepay specializes in providing customized digital payment and commerce solutions to merchants. The startup offers a comprehensive digital solution that includes transaction management, website integration, UPI QR codes, a payment gateway, HR, CRM, and more.

Pravin Sharma, Founder and CEO of Getepay, shared the company’s vision: “At Getepay, our vision is to create a safe, secure, and efficient payment ecosystem with a comprehensive package of products and services that enable businesses of all sizes and shapes to scale and grow. We think that payments have a long way to go from here, backed by policies from the regulator and the government. We want to be an active player in the payment ecosystem, providing services to merchants through continuous innovation leveraging technology.”

Market Presence of Getepay

Getepay has made significant strides in the market. The startup claims to have partnered with over 15 lakh merchants and more than 150 banks across nearly every state in India. Furthermore, it has raised over $4 million from prominent investors, including Mahavir Pratap Sharma, Hyderabad Angels, ITI Growth Opportunities Fund, DBR Ventures LLP, and Yogesh Chaudhary.

Future Plans

Looking ahead to 2025, Getepay plans to expand its payment and digital services to its existing merchant base, aiming to reach 25 lakh merchants. Additionally, the startup has advanced plans to expand internationally.

Virender Sehwag’s investment in Getepay highlights the growing interest in fintech solutions in India. With its comprehensive digital payment and commerce solutions, Getepay aims to revolutionize the merchant services sector. As the startup continues to innovate and expand, it is set to play a crucial role in shaping the future of digital payments in India and beyond.

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