Swipez
Swipez is a Pune-based, cloud-based GST billing and payment collection platform serving Indian SMBs across 12+ verticals, offering automated invoicing, e-invoicing, GST filing, and bulk payouts through freemium self-serve software and API integrations.
- Company typePrivate
- Founded2014
- HeadquartersPune, India
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Swipez does
Swipez, operated by OPUS Net Pvt Ltd and headquartered in Pune, India, is a cloud-based billing and payment collection platform built for Indian small and medium businesses. Founded in 2014, the platform automates GST-compliant invoicing, online payment collections, automated reminders, bulk payouts, expense and inventory management, GST filing, and e-invoicing with IRN/QR generation. Its product suite comprises a core Billing Software product, the mobile app "Collect it," and modular add-ons for payment links, payment pages, reconciliation, and payouts. The technical architecture is API-first with native integrations to payment gateways (Razorpay, Cashfree, Yes Bank, Amazon Pay), banking rails (ICICI Bank), accounting software (Tally, Busy), e-commerce platforms (Amazon, Flipkart, WooCommerce, Magento), and the GST portal via IRIS GST Suvidha Provider.
The platform targets 12+ verticals including cable operators, ISPs, travel and tour operators, franchises, schools, housing societies, freelancers, and e-commerce sellers. Go-to-market is product-led and self-serve: customers sign up directly at swipez.in or via the mobile app with no downloads or credit card required. The revenue model is freemium — the free plan offers unlimited invoices and customers with revenue derived from transaction fees on online payment collections (described as regulatory bank pass-throughs) and premium subscriptions that add reduced transaction charges, SMS notifications, GST filing, API access, and franchise management. The company claims 25,000+ businesses and 2,000+ tax professionals using its products.
Swipez was acquired by Briq (announced on its website) and now operates as a subsidiary under the Briq corporate umbrella while retaining the Swipez brand, product suite, and self-serve onboarding. Recognition includes inclusion in Nasscom's Emerge 50, membership in Mumbai Fintech, and participation in the Jio GenNext program. Disclosed seed funding totals $250,000 (December 2020, 100Unicorns and Anicut Angel Fund). Co-founders Shuhaid Lambe (Operations & Technology Lead) and Vivek Iyer (Business Lead) continue to run the business.
Swipez firmographics
Firmographics- Name
- Swipez
- Legal name
- OPUS Net Pvt Ltd
- Website
- https://swipez.in
- Company type
- Private
- Founded year
- 2014
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Swipez is a Pune-based, cloud-based GST billing and payment collection platform serving Indian SMBs across 12+ verticals, offering automated invoicing, e-invoicing, GST filing, and bulk payouts through freemium self-serve software and API integrations.
- Ownership category
- akta.pro rank
Swipez industry classification
Industry- Product category
- Billing and Payment Collection Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where Swipez is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Swipez business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Fees on Payment Collections: Free plan available with transaction fees charged only on online payments collected. Transaction fees are regulatory bank charges applied by payment gateways for online payment collections. Reduced transaction charges offered in paid plans.
- Premium Plan Subscriptions: Paid plans with reduced transaction charges, SMS notifications, GST filing features, API access, and franchise management capabilities. Differentiated from free plan by feature access and lower transaction costs.
- Payout Transaction Fees: Transaction fees applicable on payouts based on mode of payment and payment gateway used. Free payouts up to INR 5 Lakhs mentioned in product materials.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free plan with unlimited features and transaction-based pricing |
| Subscription | Monthly | Paid plans with reduced transaction fees and additional features |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Swipez product offering
Product offeringCore offering
Swipez is a cloud-based GST billing and payment collection platform that automates invoicing, online and offline payment collections, bulk payouts, e-invoicing with IRN generation, and direct GST filing via IRIS for Indian businesses. The platform integrates with multiple payment gateways (Razorpay, Cashfree, Yes Bank), Tally accounting, and major e-commerce platforms, and is offered with vertical-specific workflows for ISPs, cable operators, travel agents, franchise businesses, housing societies, schools, and freelancers.
Product overview
Swipez is a cloud-based billing and payment collection platform designed for Indian businesses, consisting of a core Billing Software product with multiple integrated modules. The primary offering is the Billing Software, a free GST-compliant invoicing solution that automates billing, payment collections, and GST filing. Supporting modules include Collect it (mobile billing app), Online Invoicing, Payment Collections, Payment Reminders, Bulk Invoicing, Payment Links, Inventory Management, Expense Management, Payouts, Payment Pages, E-Invoicing, GST Filing, and GST Reconciliation. These modules work together within a unified platform—the core billing software serves as the hub while specialized features address specific business needs like inventory tracking, expense management, vendor payouts, and tax compliance. The platform is built on a proprietary CRM that automatically cleans and maintains customer data.
Differentiator
Problem solved
Functional benefit
Brands
- Collect it: Billing and online payment collection mobile app that allows businesses to send bills to contacts and collect payments online or offline
- Swipez Billing
Products and services
- Billing Software Cloud-based GST billing software that automates invoicing, payment collections, bulk payouts, GST filing, and customer data management. Enables businesses to create GST-compliant invoices, collect payments online via UPI, wallets, cards, and net banking, and automate billing workflows.
- Collect it - Billing App Mobile billing and payment collection app for Android and iOS that lets businesses send bills to contacts via SMS, WhatsApp, and email with online payment options. Includes automated payment reminders and tracks both online and offline payments (cash, cheque, NEFT) for on-the-go billing.
- Online Invoicing Software Online invoice generator with customizable GST-compliant templates, automated GST calculations, multiple payment options, inventory management integration, and automated payment notifications. Supports recurring invoicing, bulk invoicing, and e-invoicing capabilities.
- Payment Collections Online payment collection tool enabling businesses to send invoices and payment links via SMS, WhatsApp, and email. Supports multiple payment modes (UPI, cards, net banking, wallets) and reconciles both online and offline payments from a single dashboard.
- Payment Reminders Automated payment reminder system that sends customizable reminders via email and SMS at configurable frequencies (on invoice creation, 3 days before, 1 day before, and on due date). Includes personalized notification text and covering notes.
- Bulk Invoicing Bulk invoice generation tool using Excel uploads or APIs. Auto-generates and sends invoices to customer base via email and SMS, with real-time collection status tracking and automated reminders.
- Payment Page No-code customizable payment pages for businesses to accept payments via UPI, cards, net banking, and wallets for domestic and international transactions. Includes automated payment receipts, reminders, and easy refunds.
- Inventory Management Software Free inventory management software integrated with billing software. Automatically reduces stock when invoices are raised and increases stock when expenses are recorded. Supports SKU mapping, product variations, HSN/SAC code lookup, and real-time inventory reporting.
- Expense Management Software Business expense management solution for creating purchase orders, recording expenses, and tracking business expenditure. Includes bulk expense uploads, vendor invoicing portal, and GST reconciliation of expenses.
- Payouts Software Bulk payout automation for disbursing payments to vendors, franchises, employees, and other beneficiaries. Supports payouts to bank accounts, UPI IDs, and wallets. Includes split payment capabilities and single-view reporting for all payouts.
- E-Invoicing GST-compliant e-invoicing solution that generates invoices with unique Invoice Reference Numbers (IRN), digital signatures, and QR codes. Submits e-invoices directly to the Invoice Registration Portal (IRP) from a single dashboard with bulk upload capability.
- GST Filing Software Automated GST filing solution integrated with IRIS GST Suvidha Provider. Creates or uploads GST invoices, calculates tax liability, and files GSTR1 and 3B returns directly from the dashboard.
- GST Reconciliation Software Error-free Input Tax Credit reconciliation tool comparing expense data with vendor GST portal data. Performs quick GST 2A and 3B reconciliation, identifies and reconciles differences, and notifies vendors of mismatches.
Quantifiable outcome
- Travel and tour operators save 100+ man hours by automating their billing process
- +7 more outcomes
Companies that use Swipez
Customer profileNamed customers7 records
Segments12 records
Ideal customer profiles4 records
Swipez technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature8 records
Swipez partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- RazorpaycorePayment gateway integration enabling acceptance of UPI, debit card, credit card, net banking, and wallet payments. Razorpay logo displayed in product integrations section.
- CashfreecorePayment gateway integration for local and international payment collections without writing code.
- Yes BankcoreBanking integration for payment processing and settlement of funds.
- TallycoreAccounting software integration allowing import/export of business data. Automated conversion of Tally data into online bills with payment links and reminders.
- IRIS GSTcoreGST Suvidha Provider integration for direct GST portal connectivity. Enables OTP-based GST portal login, GST bill uploads, and direct GSTR 1 and 3B filing from Swipez dashboard.
- WooCommercecoreE-commerce platform integration for collecting domestic and international payments from WooCommerce stores without coding.
- MagentocoreE-commerce platform integration for payment collections from Magento stores.
- AmazoncoreE-commerce platform integration for bulk invoice uploads and payment collection from Amazon sellers.
- FlipkartcoreE-commerce platform integration for bulk invoice uploads and payment collection from Flipkart sellers.
- ICICI BankcorePayouts integration enabling direct transfers to beneficiary bank accounts. Funds deposited into nodal account via NEFT/IMPS, UPI, eWallets.
- Mumbai FintechminorAssociated with Mumbai Fintech fintech hub. Membership or association with regional fintech ecosystem.
- Jio GenNextminorParticipant in Reliance Jio's startup program for emerging technology companies.
- NasscomminorRecognized as part of Nasscom's emerging company ecosystem through the Emerge 50 initiative.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Swipez competitors and assessment
Company assessmentDirect peers
- OkCredit: OkCredit is a mobile-first credit ledger and payment collection app widely used by Indian SMBs. It targets the same customer base as Swipez for tracking receivables, sending reminders, and digitizing payment collection workflows.
- myBillBook: myBillBook (by FloBiz) is a mobile-first GST billing and inventory app serving Indian SMBs. It overlaps directly with Swipez on invoicing, payment collections, expense management, and GST compliance.
- Khatabook: Khatabook is a digital bahi-khata and billing app for Indian SMBs. It overlaps with Swipez on payment collection, reminders, invoicing, and GST-related features for small merchants and kirana stores.
- Vyapar: Vyapar is a leading Indian GST billing and invoicing app for SMBs with mobile and desktop apps. It competes directly with Swipez on invoicing, payment collection, expense tracking, and GST filing for Indian small businesses.
- Refrens: Refrens is an Indian cloud invoicing and accounting platform targeted at freelancers, agencies, and SMBs. It competes with Swipez on online invoicing, payment collection links, and GST-ready billing.
- Zoho Invoice: Zoho Invoice is a global online invoicing solution with strong Indian market presence. It directly overlaps with Swipez on GST invoicing, payment collections, reminders, and multi-currency support for SMBs.
Broad incumbents
- Tally Solutions: Tally is the dominant Indian accounting and GST software platform. Swipez integrates with Tally for data sync, but Tally's broader invoicing, accounting, and compliance suite competes with Swipez's billing core.
- ClearTax: ClearTax is a major Indian tax compliance and GST filing platform. It is comparable to Swipez on GST filing and e-invoicing capabilities, though it serves a broader range of tax compliance needs beyond billing.
- Razorpay: Razorpay is a leading Indian payment gateway and full-stack fintech platform. While broader than Swipez, Razorpay offers invoicing, payment links, and payouts that compete directly with Swipez's core payment collection use case.
Others
- Cashfree Payments: Cashfree is an Indian payment gateway and payouts platform that Swipez integrates with. It is comparable as a payments technology partner and adjacent competitor in payment collection and bulk payouts for Indian SMBs.
Market position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Swipez social profiles
Digital presenceSwipez financial estimates
Financial estimateRevenue estimate
Valuation estimate
Swipez leadership team
Management profileNumber of profiles
Profiles2 records
Swipez funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Swipez M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Swipez
What does Swipez do?
Swipez is a cloud-based GST billing and payment collection platform that automates invoicing, online and offline payment collections, bulk payouts, e-invoicing with IRN generation, and direct GST filing via IRIS for Indian businesses. The platform integrates with multiple payment gateways (Razorpay, Cashfree, Yes Bank), Tally accounting, and major e-commerce platforms, and is offered with vertical-specific workflows for ISPs, cable operators, travel agents, franchise businesses, housing societies, schools, and freelancers.
Is Swipez a public or private company?
Swipez is a private company. It is classified as corporate owned and is currently acquired.
When was Swipez founded?
Swipez was founded in 2014. It employs 1 to 10 people.
Where is Swipez based?
Swipez is headquartered in Pune, India, in the Asia region.
How does Swipez make money?
Three revenue lines are on record. Transaction Fees on Payment Collections are the primary driver. The others are premium Plan Subscriptions and payout Transaction Fees.
Who are Swipez's main competitors?
Direct peers on record are OkCredit, myBillBook, Khatabook, Vyapar, Refrens and Zoho Invoice. Broad incumbents are Tally Solutions, ClearTax and Razorpay. Cashfree Payments is listed as an others.
Does Swipez have an API?
Yes. Swipez offers API integration capabilities for bulk invoicing, e-invoicing submission to IRP, payment collections, and payouts. APIs enable: bulk invoice generation, submitting e-invoices to Invoice Registration Portal (IRP) for validation, auto-generating IRNs and QR codes, and integrating with existing accounting systems. The API integration allows syncing portal credentials to create and send e-invoices as per requirements. Developer documentation is at docs.swipez.in.
What industry is Swipez in?
Swipez's product category is Billing and Payment Collection Software. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 522320 and its SIC code is 6153.