Upswing
Founded 2021 · 46 employees on LinkedIn · 7 known investors
Find your way into Upswing
195 people in our graph share verified history with the Upswing team — schools, employers, funds. One of them is your warm intro.
Sandeep Patilunlockedknows Nihar Gupta · together at Jupiter (overlapped)
×9knows the team · via Indian Institute of Management Bangalore
knows the team · via Visvesvaraya Technological University
knows the team · via Jupiter
Upswing provides technology infrastructure enabling companies to offer embedded financial products. The company operates in India's fintech sector.
Founders & leadership
Upswing was founded in 2021 by Nihar Gupta.
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Nihar GuptainFounderNihar Gupta is a retail banking professional with five years of experience in digital banking, payments, and cards. He served as a founding member on strategy and execution for a digital savings account and led the setup and launch of merchant acquiring, payment methods, and card programs at a financial institution before founding Upswing.
Investors · 7
Better Capital✓ verifiedSanta Clara · $5K – $100Kvia Vaibhav Domkundwar · inferred
QED Investors✓ verifiedAlexandria · $30K – $25M
Quona Capital✓ verifiedWashington · $5M
Amara VCreportedSeattle
QEDreportedAlexandria
Also in the syndicate · 2
Capier InvestmentsMultiply Ventures
Funding
SEC filings, press & company announcements$8.2M disclosed across 2 rounds · 2022–2024
- $4.2Mpre-series-AJan 2024 · 2 sources
QED Investors (lead), Quona Capital (lead)
Source ↗ - $4MraisedFeb 2022 · 2 sources
Amara VC, Better Capital, Capier Investments, Multiply Ventures, QED, QED Investors
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Upswing do?
- Upswing provides technology infrastructure enabling companies to offer embedded financial products. The company operates in India's fintech sector.
- Who founded Upswing?
- Upswing was founded by Nihar Gupta in 2021.
- Who are Upswing's investors?
- Upswing's investors include Better Capital, QED Investors, Quona Capital, Amara VC, QED.
- How much funding has Upswing raised?
- Upswing has disclosed $8.2M raised across 2 rounds.



