The new office is designed to support the Payinstacard’s expanding team, which has grown from ten to 25 members in a short period. Credit: ImageFlow/ Shutterstock.

Payinstacard, an online platform that facilitates bill payments, has inaugurated its new office in Hyderabad, India.  

The new office is designed to support the company’s expanding team, which has grown from ten to 25 members in a short period.  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

With plans to scale operations, Payinstacard aims to increase its headcount to 100 employees by the end of the financial year 2025-26, reported Bizz Buzz e-paper.  

Speaking at the inauguration, Payinstacard Founder and CEO Saikrishna stated: “We are incredibly proud of the rapid growth and achievements of Payinstacard. Our commitment to innovation and customer satisfaction has enabled us to deliver exceptional payment solutions and experiences.” 

Payinstacard co-founder and chief operating officer Nagesh Kotipalli commented: “The new office will provide our team with a modern and collaborative workspace, fostering innovation and productivity. We are also committed to recruiting top talent from Tier 2 and Tier 3 cities and creating an inclusive work culture.” 

The inauguration ceremony of the new office was attended by Brandix India Apparel City and chairman India partner Pachipala Doraswamy and Payinstacard board member and investor Sandhya Rani. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The move comes as the company reports, having reached over 100,00 users and processed transactions exceeding ₹1bn within six months. 

Set up in 2022, Payinstacard offers a digital bill payments service across various sectors, including utilities, rent, and education. 

The company recently launched its services on the Google Play Store and Apple’s iOS Store. 

Payinstacard has formed partnerships with banks, RBI-licensed payment aggregators, and secured authorisation as an agent institution under the National Payments Corporation of India (NPCI).