Startup Profile

Cashfree

Legal entity: Cashfree Payments India Private Limited

India's modern payment infrastructure for businesses

FinTechSeries CFintech (Payments)· Bengaluru, Karnataka· Est. 2015Website ↗
Cashfree Payments is an Indian fintech company founded in 2015 that provides payment processing and money disbursement solutions for businesses. The platform serves over 1 million businesses, processing $80 billion annually through its payment aggregation and disbursement infrastructure. As of February 2025, Cashfree is valued at $700 million after raising $117.92 million across 11 funding rounds.
Funding raised
₹978.39 Cr
Total disclosed
Latest valuation
₹5810.00 Cr
Most recent round
Latest revenue
₹613.80 Cr
FY FY23
Employees
—
FY FY23

Founders

  • Akash Sinha

    Co-founder and CEO of Cashfree Payments. Amazon alumnus with IIIT Hyderabad background.

  • Reeju Datta

    Co-founder of Cashfree Payments.

Funding rounds

  1. Series C2025-02-04₹439.90 CrLed by Krafton
  2. Series B2023-12-15₹353.00 CrLed by Apis Growth Fund II
  3. Series A2019-04-09—Led by Y Combinator

Financials

MCA / self-reported
Fiscal yearRevenueProfit / (Loss)Employees
FY23₹613.80 Cr(₹133.00 Cr)—
FY24₹642.70 Cr(₹135.00 Cr)—

The full story

Rich-text rendering of long_story is wired in the design pass.

Timeline

  1. 2025-02-04Series C Funding — Secured $53 million Series C round led by Krafton at $700 million valuation to expand into MENA region.
  2. 2025RBI Payment Aggregator Authorization — Obtained regulatory approval as a Payment Aggregator from the Reserve Bank of India.
  3. 2023-12-15Series B Funding — Raised $35.3 million led by Apis Growth Fund II to scale payment offerings and develop new product verticals.
  4. 2015Founded by Akash Sinha and Reeju Datta — Cashfree Payments established to solve payment collection and disbursement challenges for Indian businesses.
  5. —PayPal Incubation — Cashfree received incubation and mentorship from PayPal, validating the business model.

Data sources

  • seed-list + Wikidata↗ · last fetched 2026-05-28
  • Wikidata↗ · last fetched 2026-05-28
  • favicon↗ · last fetched 2026-05-31
  • Cashfree official About page↗ · last fetched 2026-06-01
  • Entrackr FinTrackr - FY24 financials↗ · last fetched 2026-06-01
  • TechCrunch - Series C funding announcement↗ · last fetched 2026-06-01
  • Indian Startups Chamber - Series B funding↗ · last fetched 2026-06-01
  • Clay - Series A funding details↗ · last fetched 2026-06-01
  • FinTech Futures - Series C details↗ · last fetched 2026-06-01
Updated 2026-06-01