Actively Raising - Pre-Series A

Be Part of India's Digital Payment Revolution

ZenoxPay is building next-generation UPI payment infrastructure that powers businesses across India. With proven traction and a clear path to scale, we're seeking strategic partners to accelerate our growth.

₹15Cr+

Monthly Volume

500+

Active Merchants

99.9%

Success Rate

Current Round Pre-Series A

Pre-Money Valuation

18Cr

Based on 10x Annual Revenue Multiple

Target Raise ₹2-3 Cr
Equity Offered 10-15%
Minimum Ticket ₹25 Lakh
Instrument CCPS / Equity

Round closing: Q1 2026

The Opportunity

The Problem We're Solving

The Challenge

  • Complex Integration: Traditional payment gateways require weeks of development time and technical expertise
  • High Failure Rates: Industry average success rate is 85-90%, causing revenue leakage
  • Poor Settlement: T+2 or T+3 settlement cycles hurt business cash flow
  • Limited Support: Most providers offer inadequate customer support for SMBs

Our Solution

  • 5-Minute Integration: Simple APIs and SDKs that any developer can implement quickly
  • 99.9% Success Rate: Intelligent routing and retry mechanisms maximize transaction success
  • Instant Settlement: T+0 settlement options to improve merchant cash flow
  • 24/7 Support: Dedicated support team with less than 5 minute response time
Market Opportunity

Massive & Growing Market

India's UPI ecosystem is one of the fastest-growing digital payment markets globally

TAM

₹500L Cr

Total UPI transaction value in India (Annual)

50%+ YoY Growth

SAM

₹50L Cr

B2B & SMB merchant payment processing

65M+ SMBs in India

SOM

₹5,000 Cr

Target market with current infrastructure

5-Year Target

UPI Market Growth Trajectory

14B+

Monthly UPI Transactions (2025)

350M+

Active UPI Users

₹20L Cr

Monthly Transaction Value

80%

Digital Payment Share

Proven Traction

Numbers That Speak

Strong unit economics with consistent month-over-month growth

₹15Cr+

Monthly Processing Volume

+20% MoM Growth

500+

Active Merchants

Across 15+ Industries

₹1.8Cr

Annual Revenue (ARR)

Revenue Positive

99.9%

Transaction Success Rate

Industry Leading

Our Journey & Milestones

Q1 2024

Company Founded

Started with a vision to simplify UPI payments for businesses

Q3 2024

First 100 Merchants

Crossed ₹1 Cr monthly processing volume with 100+ merchants

Q1 2025

₹10 Cr Monthly Volume

10x growth in processing volume with 300+ active merchants

NOW - Q1 2026

₹15 Cr+ Monthly Volume

500+ merchants, revenue positive, raising Pre-Series A

Business Model

How We Make Money

Multiple revenue streams with strong unit economics

Transaction Fees

Per-transaction fee on every successful payment processed through our platform

Average Take Rate

0.8-1.2%

Value-Added Services

Premium features like instant settlement, advanced analytics, and priority support

Premium Adoption

35%

Float Income

Interest earned on funds held during settlement cycle

Revenue Contribution

15%

Unit Economics Snapshot

₹2,500

Customer Acquisition Cost

₹45,000

Lifetime Value (LTV)

18x

LTV/CAC Ratio

95%

Gross Margin

Why We Win

Our Competitive Advantages

What sets us apart from the competition

Superior Technology

Modern API architecture with 99.99% uptime. Intelligent routing ensures highest success rates in the industry.

5-Minute Onboarding

Fastest onboarding in the industry. No-code solutions for non-technical merchants, full API for developers.

Competitive Pricing

15-30% lower fees than incumbents with transparent pricing. No hidden charges or lock-in contracts.

White-Glove Support

24/7 dedicated support with less than 5 minute response time. Personal relationship managers for all merchants.

Regulatory Strength

Fully compliant with RBI, NPCI guidelines. Strong partnerships with licensed banks and payment aggregators.

Data Intelligence

Advanced analytics and insights help merchants optimize their payment flows and reduce failed transactions.

Leadership

Meet The Team

Experienced founders with deep fintech and payments expertise

F

Founder & CEO

Chief Executive Officer

10+ years in fintech and payments. Previously built and scaled payment solutions. Deep expertise in UPI infrastructure and regulatory compliance.

C

Co-Founder & CTO

Chief Technology Officer

8+ years in software engineering. Expert in building scalable payment systems. Previously led engineering teams at leading tech companies.

Backed by experienced advisors from leading fintech companies, banks, and payment networks who provide strategic guidance on scaling, compliance, and partnerships.

Use of Funds

Strategic Capital Allocation

Every rupee invested will be deployed to accelerate growth and strengthen market position

40%

Technology & Product

Expand engineering team from 5 to 15. Build advanced features including AI-powered fraud detection, multi-currency support, and credit line products.

30%

Sales & Marketing

Build sales team across 5 major cities. Launch brand campaigns and partner acquisition programs to reach 2,000+ merchants.

20%

Operations & Compliance

Security certifications (PCI-DSS Level 1), compliance infrastructure, and operational scaling for 10x volume growth.

10%

Working Capital

Reserve for growth opportunities, strategic partnerships, and market expansion buffer.

Investment Terms

Round Type Pre-Series A
Target Raise ₹2-3 Crore
Pre-Money Valuation ₹18 Crore
Equity Offered 10-15%
Minimum Ticket ₹25 Lakh
Instrument CCPS / Equity

Projected Milestones with This Round

  • ₹50 Cr monthly processing volume
  • 2,000+ active merchants
  • ₹6 Cr ARR within 18 months
Trust & Compliance

Built on Trust

Partnered with industry leaders and fully compliant with regulations

RBI Compliant

Payment Aggregator Guidelines

NPCI Certified

UPI Infrastructure Partner

PCI-DSS

Level 2 Certified

ISO 27001

Information Security

Our Banking & Payment Partners

HDFC Bank
ICICI Bank
Yes Bank
Axis Bank
FAQ

Investor Questions

Common questions from potential investors

Our moat is built on three pillars: (1) Superior technology with 99.9% success rates vs industry average of 85-90%, (2) Deep merchant relationships built through white-glove support, and (3) Proprietary data intelligence that improves payment success over time. Our 5-minute onboarding creates significant switching costs once merchants integrate.

Key risks include: (1) Regulatory changes in payment aggregator guidelines, (2) Competition from larger players like Razorpay/PayU, and (3) Dependency on banking partners. We mitigate these through strong compliance practices, differentiated SMB focus, and multi-bank partnerships.

We're already revenue positive with 95% gross margins. Our path to operating profitability: (1) Scale to ₹50 Cr monthly volume to achieve economies of scale, (2) Expand value-added services to increase ARPU, (3) Maintain CAC efficiency through product-led growth. Targeting break-even within 24 months post-funding.

The fintech sector has seen strong M&A activity with strategic acquirers (banks, large tech companies) and financial sponsors actively acquiring payment infrastructure companies. Recent exits in the space: BillDesk ($4.7B), PayU India acquisitions, Juspay fundraises. IPO route also viable at scale with examples like Paytm, PhonePe.

40% on technology & product (expand engineering team, build new features), 30% on sales & marketing (build sales team, customer acquisition), 20% on operations & compliance (PCI-DSS Level 1, security infrastructure), and 10% as working capital reserve. Detailed use of funds available in our data room.

Clean cap table with founders holding 100% equity pre-round. This is our first institutional raise. ESOP pool of 10% reserved for future hires. Post this round, founders will retain 85-90% ownership, ensuring strong alignment with investors.

Get Started

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Prefer to reach out directly? Email us at investors@zenoxpay.com

Ready to Join Our Journey?

Be part of the UPI revolution. Invest in a company that's building the future of digital payments in India.

Round closing Q1 2026 | Minimum ticket: ₹25 Lakh

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