Tech Company Financing Transactions

HiWiPay Funding Round

HiWiPay closed a $2 million Seed funding round on 2/26/2025. Investors included Unicorn India Ventures and private investors.

Transaction Overview

Company Name
HiWiPay
Announced On
2/26/2025
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

Unicorn India Ventures (Lead Investor)

private investors (Dewang Neralla)

private investors (Mitesh Shah)

private investors (Nilesh Doshi)

private investors (Ritesh Malik)

Proceeds Purpose
The proceeds will be used to expand and enhance the trade remittance business, as well as scale up operations in the education remittances sector.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Naman Midtown, Senapati Bapat Marg, Elphinstone West, Lower B/802
Mumbai, Maharashtra, 400013
India
Phone
+91 7670998508
Website
www.hiwipay.com
Email Address
[email protected]
Overview
At HiWiPay, we are not just about sending money; we are about making your educational journey abroad easier. We offer secure, transparent transfers, competitive rates, and consistent support. We know that studying abroad is an adventure, and we want to make the financial side as smooth as possible for you. This is why we go beyond remittance services. We have partnered up with several Banks and Non-Banking Financial Companies (NBFCs) to assist you in securing education loans, making your dreams about studying abroad more accessible and achievable. What sets us apart? It is our commitment to making these services faster and more affordable.
Profile
HiWiPay LinkedIn Company Profile
Social Media
HiWiPay Company Twitter Account
Company News
HiWiPay News
Facebook
HiWiPay on Facebook
YouTube
HiWiPay on YouTube

Management Team

Title
Name
Email & Social
Chairman
Amarendra Sahoo
  Amarendra Sahoo LinkedIn Profile  Amarendra Sahoo Twitter Account  Amarendra Sahoo News  Amarendra Sahoo on Facebook
Chief Executive Officer
Dewang Neralla
  Dewang Neralla LinkedIn Profile  Dewang Neralla Twitter Account  Dewang Neralla News  Dewang Neralla on Facebook
Chief Technical Officer
Ujwal Tamminedi
  Ujwal Tamminedi LinkedIn Profile  Ujwal Tamminedi Twitter Account  Ujwal Tamminedi News  Ujwal Tamminedi on Facebook
VP - Bus. Development
Geeta Chauhan
  Geeta Chauhan LinkedIn Profile  Geeta Chauhan Twitter Account  Geeta Chauhan News  Geeta Chauhan on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/26/2025: RediRedi venture capital transaction
Next: 2/26/2025: Charta Health venture capital transaction

 

Share this article

 

About Our Venture Capital Transactions Database

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are derived from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2025. Gaebler Ventures. All rights reserved.