Business Payable & Receivable Simplified With Your Bank

Empower your
Business with EnKash!

Unified Business Payments Platform, Built for You! Amplifying Savings, Propelled by Technology, Transparency, and Mutual Trust

EnKash is Asia’s 1st and smartest spend management platform, which builds first-of-its-kind solutions for all kinds of businesses and revolutionizes the segment. Our wide range of products and solutions enables businesses to build savings, operational efficiency, and fast-track growth. With a focus on business cash flow management, we intend to help businesses avoid unnecessary spending.

We are here to help you unleash endless possibilities and open new business horizons.

Our Story

EnKash was incorporated in 2017 and became operational in 2018 by three payments professionals, Naveen Bindal, Hemant Vishnoi, and Y.S. Tyagi, with the aim to digitize end-to-end business payments for businesses by providing control, transparency, and visibility, which is currently missing in their processes- irrespective of the size of business or spend management needs.

Our Growth

Over a short span of time today, we are proud to say we are the new-age spend management platform! We are growing in every way, having successfully partnered with reputed financial institutions and served more than 200,000 businesses through our platform with our automated solutions for businesses to manage their corporate cards, payables, receivables, and expenses seamlessly and securely.
2018
2019
2020
2021
2022
2023
Jan
Our journey began; launched vendor payments solution
Partnered with Kotak Mahindra Bank
Feb
Partnered with
SBI Cards
& IndusInd Bank
March
Launched
invoice
management
1000+ businesses onboarded
June
Partnered with
ICICI Bank
Sep
Introduced workflow management
Dec
Introduction of comprehensive approval matrices
Oct
Pre-Series A funding
from Axilor
Jan
Started serving 15,000+ businesses
Feb
Partnered with HSBC
April
Series A funding- $3 million from Mayfield, Axilor
July
Achieved 3X+ growth, onboarded 50,000+ businesses
Aug
Proprietary card issuance stack launched
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Dec
Digital KYC Stack launched
Oct
Accounts Payable automation layers added
Jan
Launched beta for multiple payable use cases
Feb
Corporate Card launched with SBM Bank India
Mar
Partnered with Flipkart & Amazon for cards program
April
Partnered with HDFC Bank
Partnership with Yes Bank
May
Onboarded Reliance on platform
Dec
Signed Strategic Alliance Agreement with Mastercard
Oct
Partnered with Axis Bank
Sep
Onboarded many mid to large beta customers
Aug
Introduced digital procurement + central P-card program
July
Partnered with RuPay for commercial card program
Jan
Integrated DIY cards module
March
Whatsapp based expense management tool
May
Crossed the milestone of 100,000 businesses served
June
Enabled WhatsApp-based User Onboarding
Aug
Addition of multiple corporate card variants
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Dec
Rewards program rolled out
Oct
Launched Secured Corporate Cards
March
Secured Series B funding - $20 mn led by Ascent Capital
April
Crossed 150,000 businesses on platform
Aug
Accounting Integrations
Sep
Invoice discounting 1.0
Oct
Partnership with Vyapar, Lendingkart
Integrated AR management
LINE BREAK
Dec
In-principal approval on PA/PG license from RBI
Nov
Introduced Brand Gift Vouchers
Jan
More than 200,000 businesses on platform
Partnership with VISA
Feb
Automated
bank
reconciliation
Partnered with Citibank
Mar
Partnership
with
American Express
Launched Bill Pay product
Apr
Card partnership
with
AU Bank
Partnership with IndusInd Bank
Channel incentive & Employee R&R program
May
Comprehensive AP + AR SAAS platform
Integrated AR management

Our Team

Presently, we have grown to a team size of ambitious 200+ EnKashians, who value integrity and resourcefulness. Our strength lies in our people, and we are proud that EnKashians are a bunch of supercharged, passionate, and highly performance oriented. EnKash is based in India, with offices across Mumbai, Delhi-NCR, Pune, and Bengaluru.

Our Founders

Hemant Vishnoi
Naveen Bindal
Yadvendra Tyagi

Our Leadership

Himanshu Vyas
Vice President
New Business Initiatives
Lalit Arun
Senior Vice President
Banks & Financial Institutions
Abhishek Miglani
Head Corporate Alliances and Partnerships
Atishree Jindal
Director Product
Hitesh Jain
Director Credit & Risk Management
Vibhor Chugh
Chief Risk Officer
Nagesh Shet
Head Finance
Amandeep Arora
Head Communications & Content
Manish Kumawat
Technical Architect
Anurag Darira
Head Human Capital
Krishnakumar SV
Head Operations
Ankur Gupta
Director Engineering
Martin Arockiaraj
Associate Director
Product and Technology
Vijayanand Srinivasan
Director Product
Investors
Investors Ascent Capital Investors Baring PVT Equity Investors Mayfield Investors Axilor Investors White Venture Capital

Industries We Have Served

Logistics

Logistics
Manufacturing

Manufacturing
Textiles

Textiles
Insurance

Insurance
Marketplaces

Marketplaces
NBFCs

NBFCs
Travel

Travel
Hotels

Hotels

Your data security is our priority

security2
security1
security2
security3

At EnKash, we have endless opportunities for you.
Come join us to be a part of our epic growth story!

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With EnKash, Build the Future of Your Business!

The future of your business is in our hands, propelled by technology, transparency, and mutual trust.

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Grow More

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Corporate cards, payments, or other related services are provided by RBI-licensed banks and/ or in accordance with RBI regulations and/ or RBI compliance maintained by banks & regulated entities. EnKash is not a bank and doesn’t hold or claim to hold a banking license. *Powered by Banks
Copyright © 2023 | EnKash. All right reserved.

Gurgaon

Mumbai

Pune

Bengaluru