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CheqUPI

AcquiredYC S23

Bengaluru, IN · Founded 2021 · 15 employees · 2 known investors

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Cheq is a UPI-powered digital wallet designed for foreign tourists and non-resident Indians to make payments across India using their smartphones. The wallet integrates with the UPI platform and accepts use at over 50 million merchants including hotels, restaurants, and local stores.

Also known as Cheq UPI Inc. · Terrafin Solutions Pvt Ltd

FintechPaymentsIndiaConsumer FinanceUnited States of AmericaSouth AsiaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S23)

CheqUPI was founded in 2021 by Sudhanshu Shekhar and Manish Shukla.

SSSudhanshu Shekhar
Sudhanshu ShekharCo-Founder & CEO2021–2025Sudhanshu Shekhar previously held roles at Ispirt, Zeta, Headout, and Walmart. He is building CheqUPI, a payments application focused on serving foreign nationals and non-resident Indians in India.
MSManish Shukla
Manish ShuklaFounderManish Shukla previously worked at fintech companies Zeta and Ispirt, and now leads CheqUPI, a platform focused on digital payments for foreign nationals and non-resident Indians.

Investors · 2

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · incubees.com · open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

$500K disclosed across 1 of 2 rounds · 2023

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

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AtratoAtrato Pago is a Mexican fintech providing point-of-sale credit financing that connects consumers with affiliated merchants, enabling customers to make purchases on installment plans while merchants increase sales through embedded lending.
MoretaMoreta is a mobile wallet app that enables travelers and expatriates to make payments in Asia and Latin America by scanning QR codes compatible with local payment networks, with automatic currency conversion from the user's home currency.
PayCrunchPaycrunch provides expense management and payment services targeting Gen Z users, enabling QR code-based pay-later transactions for everyday purchases.

Companies working in the same space as CheqUPI.

Legal entities · 1

corporate structure
Cheq UPI Inc.

In the news

Our favorite startups from YC's Summer 2023 Demo Day, Day 1techcrunch.com · Sep 2023Cheq UPI: Digital payments for NRIs and foreigners in Indiaycombinator.com · Aug 2023

Frequently asked questions

What does CheqUPI do?
Cheq is a UPI-powered digital wallet designed for foreign tourists and non-resident Indians to make payments across India using their smartphones. The wallet integrates with the UPI platform and accepts use at over 50 million merchants including hotels, restaurants, and local stores.
Who founded CheqUPI?
CheqUPI was founded by Sudhanshu Shekhar, Manish Shukla in 2021.
Who are CheqUPI's investors?
CheqUPI's investors include Better Capital, Y Combinator.
How much funding has CheqUPI raised?
CheqUPI has disclosed $500K raised across 1 of its 2 known rounds.
Where is CheqUPI headquartered?
CheqUPI is headquartered in Bengaluru, IN.