Vegapay
Digital Banks & Neobanks · Financial Software & Embedded Finance
$6.6Mtotal raised · 2 rounds on record
15open roles
$5.5Mlatest round · Seed · May 2024 · 2 yr ago
3backers · Elevation Capital, Eximius Ventures
Overview
Vegapay is an Indian fintech company that provides infrastructure for building and launching credit, payments and banking products at speed. It hires backend and security engineers, data engineering managers, AI engineers and legal staff, mostly in Bengaluru. The company is headquartered in Bengaluru, India.
Funding and backers
Total raised
$6.6M
2 rounds on record
Latest round
$5.5M
Seed · May 2024 · 2 yr ago
Team
11-50
employees, estimated range
Hiring now
17
+6 posted in 30 days
Backers
3
Elevation Capital, Eximius Ventures
The money's age
Long since its last round
29 months since the last round · and hiring
Momentum
29/100
hiring for its size, in the news
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Seed | May 2024 | $5.5M | — | yourstory.com |
| Pre-Seed | Aug 2023 | $1.1M | — | VCCircle |
Backed byfrom the funds' portfolios and accelerator catalogs
Elevation Capital 
Eximius Ventures 
Upsparks Investors in similar startupsfunds that back the companies most like this one
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Jobs
≈ $31k – $67k per year (Estimated) · In office · Full-Time · 8+ years exp · Bengaluru
Apply
≈ $13k – $35k per year (Estimated) · In office · Full-Time · 2+ years exp · Bengaluru
Python
Java
TypeScript
SQL
FastAPI
Databases
PostgreSQL
OpenSearch
AI/ML
LangGraph
LangChain
Model Context Protocol
Embeddings
Function Calling
AI Agents
CrewAI
LLM
RAG
LLMOps
Human-in-the-Loop
Structured Outputs
Context Engineering
LLM Guardrails
Agentic Workflows
Frontend
GraphQL
DevOps
Rest API
GCP
Kibana
Prometheus
Azure
GitOps
AWS
Kubernetes
Grafana
Self-Healing
Cybersecurity
Least Privilege
Apply
≈ $27k – $53k per year (Estimated) · In office · Full-Time · 5+ years exp · Master's Degree · Bengaluru
Agile
Apply
≈ $16k – $46k per year (Estimated) · In office · Full-Time · 7+ years exp · Bachelor's Degree · Bengaluru
Python
JavaScript
GitHub Actions
GitLab CI
Azure
CI/CD
Jenkins
AWS
Management
Agile
QA
TestRail
Selenium
Cucumber
JMeter
Cypress
Playwright
Gatling
Postman
Rest-Assured
Apply
≈ $18k – $46k per year (Estimated) · In office · Full-Time · 6+ years exp · Bachelor's Degree · Bengaluru
Red Teaming
DevOps
Splunk
GCP
CI/CD
AWS
Cybersecurity
ISO 27001
MITRE ATT&CK
PCI DSS
SOC 2
SIEM
Apply
≈ $20k – $43k per year (Estimated) · In office · Full-Time · 6+ years exp · Bachelor's Degree · Bengaluru
GCP
AWS
Cybersecurity
ISO 27001
PCI DSS
SOC 2
GDPR
Apply
≈ $9k – $24k per year (Estimated) · In office · Full-Time · 4+ years exp · Bachelor's Degree · Bengaluru
Python
JavaScript
GitHub Actions
GitLab CI
Azure
CI/CD
Jenkins
AWS
Management
Agile
QA
TestRail
Selenium
Cucumber
JMeter
Cypress
Playwright
Gatling
Postman
Rest-Assured
Apply
≈ $23k – $56k per year (Estimated) · In office · Full-Time · 8+ years exp · Bengaluru
Java
Apply
≈ $31k – $82k per year (Estimated) · In office · Full-Time · 12+ years exp · Bachelor's Degree · Bengaluru
Python
JavaScript
C#
GCP
Azure
CI/CD
AWS
Management
Agile
Scrum
Apply
In office · Full-Time · 1+ year exp · Bengaluru
JavaScript
TypeScript
Redux
Webpack
Babel
React.js
ESLint
Mobile
React Native
DevOps
Git
QA
Jest
Mocha
Apply
≈ $27k – $54k per year (Estimated) · In office · Full-Time · 5+ years exp · Gurgaon
Apply
≈ $17k – $40k per year (Estimated) · In office · Full-Time · 5+ years exp · Bengaluru
Java
Apply
Growth
Hiring Momentum
27/100
Slowing
Open positions
17
0 opened / 0 closed in 30 days
Median time-to-fill
29 days
faster than 47% of the market
ATS activity
Every ~5 hours
Today
Hiring Dynamics
0%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Product
28% ▼
Leadership
17% ▼
Backend
11%
QA
11% ▲
Solutions
11%
Frontend
6% ▼
Tech stack
Technologies named in job postings at Vegapay over the last 12 months, by layer, with the share of postings for each.
Technologies in use
86
Postings analysed
15
Stack modernity
76/100AI adopter
Languages
Python40%
SQL33%
JavaScript27%
Java27%
Frameworks & libraries
Cucumber13%
Cypress13%
Flink13%
Playwright13%
Databases
Cassandra7%
ClickHouse7%
ElasticSearch7%
HBase7%
Cloud & platforms
AWS53%
GCP33%
Azure33%
Postman20%
AI & ML
LLM13%
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Full Vegapay tech stack
86 technologies · by team · pay by technology · changes · similar stacks
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Fintech funding frenzy: Prosus, SIG, Flourish in talks to invest in fintech startups Vegapay, Rovia and Powerup Money
Read more
Report
Vegapay partners Yes Bank to launch credit line on UPI'
India Business News: Mumbai: Vegapay, a banking solutions startup, has partnered with Yes Bank to launch a customizable 'Credit Line on UPI' platform. This allows Yes Bank.
Read more
Report
Report
Vegapay raises $5.5 million in seed funding round led by Elevation Capital
Vegapay secures $5.5 million seed funding to revolutionize financial technology with innovative, accessible solutions for all.
Read more
Report
startup funding: B2B fintech startup Vegapay raises $5.5 million from Elevation Capital
Vegapay had raised $1.1 million in its first institutional funding round in 2023 led by Eximius. According to the company, the newly raised fund will be used to enhance Vegapay's product suite, focusing on product development and regulatory compliance.
Read more
Report
Fintech Vegapay raises $1.1 million led by Eximius Ventures, others
Vegapay secures $1.1M pre-seed funding to create micro service-driven card & lending issuance stack. Led by Eximius Ventures, the round also saw participation from DS P HMK, Capri Global, Upsparks Capital, MGA Ventures, Climber Capital & angel investors.
Read more
Report
Vegapay Secures Funding To Help Fintechs Build Lending Products
B2B fintech startup Vegapay has secured $1.1 Mn in a pre-seed funding round from Eximius Ventures and others.
Read more
Report
Vegapay gets pre-seed funding; Nazara backs Israel's Snax Games
Fintech startup Vegapay and gaming firm Snax Games have secured early-stage funding, the companies said on Wednesday....
Read more
Report
Offices
Where the company hires and what each office is for
Cities
3
Hiring now
3
Countries
1
Busiest office
Bengaluru
Loading the map
Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
Bengaluru
India
HQ
13 open roles 13 posted in 90 days 62% engineering 10-50 est. staff
hires for Backend, QA, Product
Mumbai
India
2 open roles 3 posted in 90 days 1-10 est. staff
hires for Product, Management
Gurgaon
India
2 open roles 2 posted in 90 days 1-10 est. staff
hires for Product