PayMate is a leader in B2B payments for Enterprise and SME across supply chains. The PayMate platform provides a comprehensive digital workflow tied to payments which enable greater control and transparency along with better cash flows and an end to end reconciliation for a superior experience for Enterprise and SME in closed-loop supply chains.
PayMate works with leading Visa commercial card-issuing banks to facilitate credit for both payables and receivables across supply chains moving traditional cash, cheque and EFT to card streams with several built-in risk-mitigating benefits for banks and extended days payables for buyers.
Platform features include Procure to Pay automation, credit evaluation, discount marketplace along with APIs for integration into existing accounts/ERP for minimal friction-based deployment. It is cloud-based and accessible across all form factors.
PayMate has a presence in South Asia (India) and UAE and is actively expanding across CEMEA.
Founder & CEO
Ajay is a technology entrepreneur with experience in building and leading successful technology startups. Prior to PayMate, he founded and grew Coruscant Tec, a leader in mobile content that was sold to a listed media company.
Earlier he founded Webresource, a web development company. He invests in tech start-ups and serves as a mentor and advisor to several technology entrepreneurs in India.
Ajay is an avid runner and an audiophile who listens to copious amounts Rock, Jazz, and Blues to unwind. Lately, he's binging on podcasts focused on startups, management, and the future aside from reading as many books as time permits.
S. Vishvanathan (Ravi)
CFO & Director
Ravi is a certified Chartered Accountant and also a qualified Cost Accountant. Prior to PayMate, Ravi built his own consultancy practice that focused on helping technology and financial services companies. Before that he worked at A F Ferguson & Co, a leading accounting firm, and consulted on corporate, strategic, financial and legal issues to some of the biggest businesses in India.
Ravi is a sports buff who loves distance running and playing soccer.
SVP - Product Management
Ashutosh has over 22 years of experience in leading products from their conceptualization to launch phase across diverse platforms. At PayMate, he heads and leads the product management team, while simultaneously contributing to business development, strategic alliances, customer acquisition & retention.
In his free time, Ashutosh loves to spend time with his kids and enjoying music.
SVP - Design & Innovation
Dean is a digital savant in love with the analogue. His 17 years of experience from advertising to UX Strategy/Design has helped him digitally transform a multitude of businesses, winning over 50 national & international awards.
At PayMate, Dean drives innovation across products & category and through his insights that are derived from the convergence of data & design, he crafts core product experiences that are profoundly Human-Centric.
Off the desk, Deans is an artist, musician, saltwater angler & motorcycling enthusiast and through his writing & water coloured canvases he documents his stories.
SVP - Compliance & Risk
Sadanand heads compliance and risk at PayMate. With a deep understanding of financial models, risk assessment, regulatory requirements, and a keen eye for detail, Sadanand keeps a watchful eye on our business. A Chartered Accountant by training, he has 10+ years of experience in various industries, including 8 years in financial services and technology.
Sadanand follows Cricket and Formula One Racing with a passion.
VP - Information Systems & Security
Mahesh is armed with over 25 years of experience in IT/IS. At PayMate, he is responsible for Project Management, Operations management, IT Compliance & Risk Management, Vendor management and Team building.
Before joining us, he was a part of reputed companies such as IBM, Enron, VFS, among others. In his free time, he enjoys exploring new places.
VP - Legal & Company Secretary
Nanda is a seasoned award-winning Fintech, Payments, AML and Privacy legal counsel with 23 years of deep knowledge and leads the legal and corporate secretarial role for PayMate. Her expertise lies in Strategic Legal Advisory, Investor Relations, Legal Risk Mitigation, Business Compliance, Ethics and Corporate Governance.
In her free time, she works with Non-profits which supports destitute women and she also dabbles in painting Mandala art.
VP - Engineering
Mangesh has over 18 years of experience in engineering, architecture, product and delivery management. He has built and led a number of cross functional and cross-national teams. Previously he held increasing levels of responsibility as a programmer and project lead.
Mangesh is an avid music fan.
VP Sales - India
Nilesh heads the Enterprise & SME business acquisition and servicing for the Indian market. Furthermore, he is also responsible for managing all card issuer bank relationships for the company, along with anchoring important business partnerships.
In his free time, he pursues cricket, music and singing as his hobbies other than being associated with a couple of social causes.
Head - Credit
Rajat is an IIT Madras Alumnus and the founder of the P2P lending platform - Z2P, which is now acquired by PayMate. He heads Credit at PayMate and is responsible for integrating Z2P's credit-intelligence with PayMate's business ecosystem to provide a full array of financial solutions to businesses.
An avid bike lover and collector, he is on the road traveling most days. Rajat is also one of the top digital influencers for entrepreneurs in India, currently mentoring and investing in small entrepreneurs to help them grow via his Youtube channel 'Startup Rajat'