Instamojo
**Company Type:**
Instamojo is a privately held company specializing in providing online payment solutions and services to businesses and freelancers. It operates as a financial technology (fintech) company.
**Industry:**
Instamojo operates within the financial technology (fintech) industry, specifically focusing on online payment solutions for small businesses and individuals.
**Founded year:**
Instamojo was founded in the year 2012.
**Detailed information about the Founders:**
Instamojo was founded by Aditya Sengupta, Akash Gehani, Harshad Sharma, and Sampad Swain. The founders aimed to simplify the online payment process for small businesses and freelancers in India.
**Information about Services:**
Instamojo offers a range of services, including online payment processing, digital product hosting, invoicing, and e-commerce solutions. Its platform enables users to easily create online stores, sell products and services, and accept payments through various channels like credit cards, debit cards, net banking, and digital wallets.
**Information about History:**
Since its inception in 2012, Instamojo has grown to become a leading player in the online payment space in India. The company has consistently focused on empowering small businesses and individual entrepreneurs by providing them with easy-to-use and affordable payment solutions.
**Information about Present:**
Currently, Instamojo continues to expand its services and offerings, catering to the evolving needs of its users. The company has a strong presence in the Indian market and has diversified its product portfolio to offer a comprehensive suite of tools for online business operations.
**Awards and recognition:**
Instamojo has received several awards and recognitions for its innovative products and services in the fintech industry. The company’s commitment to empowering small businesses and facilitating online transactions has been acknowledged by various industry stakeholders.
**Frequently Asked Questions:**
**1. How does Instamojo help small businesses?**
Instamojo provides small businesses with an easy-to-use platform to create online stores, sell products and services, and accept payments securely and conveniently.
**2. What types of payment methods does Instamojo support?**
Instamojo supports various payment methods, including credit cards, debit cards, net banking, and popular digital wallets like Paytm and PhonePe.
**3. Is Instamojo safe and secure for online transactions?**
Yes, Instamojo ensures that all online transactions are secure and encrypted to protect the financial information of its users and customers.
**4. Can businesses use Instamojo to generate invoices?**
Yes, businesses can easily create and send invoices to their customers using Instamojo’s invoicing feature, making the payment process streamlined and efficient.
**5. How does Instamojo charge for its services?**
Instamojo charges a nominal transaction fee for processing payments on its platform. There are no setup fees or monthly charges, making it cost-effective for small businesses and freelancers to use.