Upswing was founded by Nihar Gupta in 2021.

Who are Upswing's investors?

Upswing's investors include Better Capital, QED Investors, Quona Capital, Titan Capital, Amara VC, Bonsal Capital, Impact America Fund, Rethink Education.

How much funding has Upswing raised?

Upswing has disclosed $8.2M raised across 2 of its 3 known rounds.

Upswing

Founded 2021 · 46 employees on LinkedIn · 13 known investors

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Upswing provides technology infrastructure enabling companies to offer embedded financial products. The company operates in India's fintech sector.

Data & Infrastructure Enterprise Software Fintech SaaS

Founders & leadership

Upswing was founded in 2021 by Nihar Gupta.

Nihar Gupta FounderNihar 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.

Anupam BagchiFounder

Investors · 13

Better Capital✓ confirmed by Upswing$5K – $100Kvia Vaibhav Domkundwar · inferred

How we know: Better Capital's portfolio page · the company's own site · pymnts.com · the VCSheet dataset · Not right? Tell us

QED Investors✓ confirmed by UpswingAlexandria · $30K – $20M

How we know: QED Investors's portfolio page · the company's own site · funding news · inc42.com · open dataset · 5k.vc investor directory · Not right? Tell us

Quona Capital✓ confirmed by UpswingWashington · $5M

How we know: Quona Capital's portfolio page · the company's own site · funding news · m.economictimes.com · Not right? Tell us

Titan Capitallisted by Titan CapitalGurugram

How we know: Titan Capital's portfolio page · Not right? Tell us

Amara VCreportedSeattle

How we know: pymnts.com · Not right? Tell us

Bonsal CapitalreportedBaltimore · $50K – $250K

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Impact America FundreportedIrvine · $250K – $3M

How we know: avnetwork.com · open dataset · 5k.vc investor directory · Not right? Tell us

Rethink EducationreportedWhite Plains

How we know: avnetwork.com · Not right? Tell us

Also in the syndicate · 5

Capier InvestmentsLumina FoundationMultiply VenturesPro RataStrada

Funding

SEC filings, press & company announcements

$8.2M disclosed across 2 of 3 rounds · 2019–2024

$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 Investors
Source ↗

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

In the news

B2B Finance Platform Upswing Raises $4M | PYMNTS.compymnts.com · Feb 2022

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, Titan Capital, Amara VC, Bonsal Capital, Impact America Fund, Rethink Education.
How much funding has Upswing raised?: Upswing has disclosed $8.2M raised across 2 of its 3 known rounds.