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LotusPay

AcquiredYC S17

Bengaluru, IN · Founded 2016 · 5 employees · 3 known investors

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LotusPay provides a platform for Indian businesses to collect recurring and one-time payments directly from customer bank accounts using paperless NACH Debit, serving use cases such as loan repayments, subscriptions, donations, and tuition fees.

FintechPaymentsIndiaSouth Asia

Founders & leadership· Y Combinator alumni (S17)

LotusPay was founded in 2016 by Atma Krishna, Dinesh Gadge, and Anand Krishna.

AKAtma Krishna
Atma KrishnaFounder & CEO2017–2024Founder and CEO of LotusPay, a platform that enables Indian businesses to collect recurring and one-time payments directly from customer bank accounts via paperless NACH Debit.
DGDinesh Gadge
Dinesh GadgeFounderDinesh Gadge founded LotusPay, a payment collection platform for Indian businesses, which was acquired by JusPay. He holds a B.Tech. in Computer Science from IIT Bombay and an MBA from IIM Bangalore, and has spent 19+ years building products across FinTech, HRTech, and SaaS, with prior roles at Gaadi.com, Jeevansathi.com, and Naukri.com.
AKAnand Krishna
Anand KrishnaCo-Founder & COO2016–2018Anand Krishna is a founder based in Bangalore who has started three companies. He previously built Inkle, a tax and accounting automation platform for U.S. startups, and is now working on LotusPay.

Investors · 3

Catamaran VenturesreportedBengaluru

How we know: Y Combinator's founder network · Not right? Tell us

Venture Investment AssociatesreportedPeapack

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Related companies · 6

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PayCrunchPaycrunch provides expense management and payment services targeting Gen Z users, enabling QR code-based pay-later transactions for everyday purchases.
OkCreditOKCredit provides digital bookkeeping and collections management software for small retailers and traders, enabling invoice tracking, customer credit management, and payment reminders via SMS and WhatsApp.
RazorpayRazorpay provides payment processing APIs and financial services for online merchants, schools, and ecommerce businesses, offering payment acceptance, disbursement, current accounts, and working capital loans. The company serves businesses looking to accept and manage payments online with developer-friendly integration.
CheqUPICheq 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.
Cashfree PaymentsCashfree Payments is a full-stack payments platform that enables businesses in India to collect customer payments, process payouts, and handle cross-border transactions across 100+ payment methods. The platform serves businesses of all sizes and processes $80B annually, with capabilities including instant payouts, fraud prevention via its SecureID identity verification stack, and integration with major e-commerce platforms.

Companies working in the same space as LotusPay.

Frequently asked questions

What does LotusPay do?
LotusPay provides a platform for Indian businesses to collect recurring and one-time payments directly from customer bank accounts using paperless NACH Debit, serving use cases such as loan repayments, subscriptions, donations, and tuition fees.
Who founded LotusPay?
LotusPay was founded by Atma Krishna, Dinesh Gadge, Anand Krishna in 2016.
Who are LotusPay's investors?
LotusPay's investors include Y Combinator, Catamaran Ventures, Venture Investment Associates.
Where is LotusPay headquartered?
LotusPay is headquartered in Bengaluru, IN.