Startup Atlas · Business Banking

InstantPay

Instantpay India Limited New Delhi, Delhi Founded 2013 instantpay.in ↗
Shailendra Agarwal · Co-Founder & CEO Amol Sonbarse · Co-Founder Ajay Upadhyay · Co-Founder & COO
$5 MnTotal funding (tracked)
1Funding rounds
30 Dec 2016Last round
234Team size (sourced)

InstantPay: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Unified business banking dashboard

Modern digital banking and identity verification platform for businesses, a unified dashboard for managing accounts, payments, and more, along with secure APIs to automate workflows.

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Bridging gaps left by traditional banks

InstantPay combines physical and digital banking infrastructure, aiming at "bridging the gap which traditional banks have not been able to since the inception of banking in India."

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Customer Segments

Businesses of all sizes

"Empowering Businesses of All Sizes with our Banking Solutions." Business banking dashboard covers connected banking, payouts, collections, cards and working capital.

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Retail businesses / agent banking network

"Retail businesses can deliver banking services through India's largest agent banking network via one centralised app, and small businesses can earn more with zero working capital."

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Developers and fintechs (API Suite)

InstantPay offers an "API Suite" positioned as "Made for Developers By Developers" for payouts and collections integration.

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Customer Relationships

No cited public information yet.

Channels

Digi Kendra physical touchpoints

InstantPay operates "more than 1,00,000 banking touchpoints or Digi Kendras" across India, a combined physical-digital banking interface.

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Web platform, app and developer APIs

Business banking is delivered via a web dashboard, a downloadable mobile app ("Scan the QR to Download Our App"), and a developer API Suite.

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Key Activities

Connected banking & payouts/collections

"Connect & manage existing bank accounts, consolidate banking, payments, accounting and expense management in a single interface." Payouts via bank accounts, UPI, cards & wallets; Collections via UPI QR, POS device, and payment gateway.

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KYC/KYB identity verification

"Streamline the process of customer verification while adhering to regulatory standards" — covering financial, business and individual verification, geo intelligence and AI/ML.

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Agent banking network operations

Operates "more than 1,00,000 banking touchpoints or Digi Kendras" across India combining physical and digital banking infrastructure.

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Key Resources

No cited public information yet.

Key Partnerships

No cited partnerships yet. Based on tracked funding/M&A data:

Kaleden Holdings — Investor RB Investments — Investor

Revenue Streams

No cited public information yet.

Cost Structure

No cited public information yet.

FAQs on InstantPay

What is InstantPay's business model?

InstantPay's core value proposition centers on Unified business banking dashboard, Bridging gaps left by traditional banks.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com · Last verified 7 Sep 2026. · Report a correction