MissCallPay
MissCallPay has developed an ultra-simple and ultra-secure voice based payment solution that leverages UPI rails. Users can make payment without a smartphone or access to the internet.
Deal Highlights
Nature of Instrument
Convertible Note
Terms
Floor USD 15 Mn | Cap USD 50 Mn
Minimum Return
15% IRR to investor on conversion
Minimum Investment
INR 25,00,000
Important Documents
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Term Sheet
Please click on the link below to access the term sheet for the deal
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Pitch Deck
Please click on the link below to access the pitch deck
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Valuation Report
Please click here to access the valuation report
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Other Documents
Please click here to access documents such as agreemens, financials and certificates
About Founders
Mitesh Thakkar
Director, MissCallPay
SP Jain, MBA 2001
6+ Patent & 20+ Awards
Raju Wadalkar
Advisor, Tech & Strategy MisCallPay
Ex CTO & Global Head of Innovation, Tech Mahindra
IIT Bombay BTech 1979, MTech 1989
Nature of Instrument
Convertible Note
Terms
$15 Mn Floor | $50 Mn Cap
Allocation to Tyke investors
Series
Pre-Seed
Not Applicable
Partner AIF
Fees*
Not Applicable
Website
Draft Contribution Agreement
* Explainer on Fees
Acqusition fee is charged by Tyke upfront at the time of investment and shared with the the partner AIF. This fee is recoverable along with the investment amount
Carry is the share of profits from the investment at the time of exit that is charged by Tyke and shared with the partner AIF. To illustrate, if the carry defined is 10% and the total profit at the time of exit from the investment is INR 1 Crore, then the carry applicable will be INR 10 Lakhs and the remaining profit of INR 90 Lakhs will be shared with the investors in the proportion of their investments
KYC confirmation & Angel Investor declarations
In case you have any questions on AIFs or on this particular deal, please drop us an email at beta@tykeinvest.com