# EnKash funding: rounds and investors

> EnKash has raised $23M across 2 rounds since 2019. Investors include Axilor Ventures, Mayfield India and Ascent Capital. Every round with its source.

Source: https://millionrounds.com/company/enkash (Millionrounds; every figure on the page links to its filing or article)

India · [Series B startup](https://millionrounds.com/companies)

# Who invested in *EnKash*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$23M** raised across 2 rounds since 2019, from 2 sources

**$3.0M** Series A **$20M** Series B

- **Latest round:** Series B, $20M Apr 2022
- **Led by:** Ascent Capital
- **Step-up i:** 6.7×
- **Investors:** 5 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022

**$3.0M** Series A

**$20M** Series B

- **First round:** Series A, $3.0M
- **Biggest round:** $20M
- **Between rounds:** 2.9 years

## The rounds

- **Apr 2022** Series B **$20M** *3 new* *2 returning* [Ascent Capital](https://millionrounds.com/fund/ascent-capital) Lead [Axilor Ventures](https://millionrounds.com/fund/axilor-ventures) [Mayfield India](https://millionrounds.com/fund/mayfield-india) [Baring Private Equity Partners India](https://millionrounds.com/fund/baring-private-equity-partners-india) [White Ventures](https://millionrounds.com/fund/white-ventures) Reported by Firms' own news pages
- **Apr 2019** Series A **$3.0M** *2 new* [Axilor Ventures](https://millionrounds.com/fund/axilor-ventures) [Mayfield India](https://millionrounds.com/fund/mayfield-india) Reported by Crazyaboutstartups

## Founders and team

From EnKash's own website: 3 founders.

**Hemant Vishnoi** Co-Founder

**Naveen Bindal** Co-Founder

**Yadvendra Tyagi** Co-Founder

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Series B** 2022 [Axilor Ventures](https://millionrounds.com/fund/axilor-ventures) [Mayfield India](https://millionrounds.com/fund/mayfield-india) [Ascent Capital](https://millionrounds.com/fund/ascent-capital) L [Baring Private Equity Partners India](https://millionrounds.com/fund/baring-private-equity-partners-india) [White Ventures](https://millionrounds.com/fund/white-ventures)

## Everyone who backed them

[Axilor Ventures](https://millionrounds.com/fund/axilor-ventures) VC firm **2** rounds

[Mayfield India](https://millionrounds.com/fund/mayfield-india) VC firm **2** rounds

[Ascent Capital](https://millionrounds.com/fund/ascent-capital) Growth equity **1** round, led 1

[Baring Private Equity Partners India](https://millionrounds.com/fund/baring-private-equity-partners-india) Private equity **1** round

[White Ventures](https://millionrounds.com/fund/white-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=enkash).

## Also claim to have backed them

This firm lists EnKash as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[White Venture Capital](https://millionrounds.com/fund/white-venture-capital) VC firm Per its own site

## Quick answers about EnKash

### Who invested in EnKash?

EnKash's investors include Axilor Ventures, Mayfield India, Ascent Capital, Baring Private Equity Partners India and White Ventures. Ascent Capital led its latest round.

### How much has EnKash raised?

EnKash has raised $23M across 2 rounds since 2019.

### When did EnKash last raise?

EnKash's most recent round was a Series B of $20M in Apr 2022, led by Ascent Capital.

### What was EnKash's biggest round?

Its most recent round, $20M in Apr 2022, is also its largest on record.

### Who backed EnKash first?

EnKash's first round on record, in Apr 2019, was backed by Axilor Ventures and Mayfield India.

### What stage is EnKash at?

EnKash's latest named round is a Series B, in Apr 2022.

### Where is EnKash based?

EnKash is based in India.

### Who led EnKash's rounds?

Ascent Capital led the Series B in 2022.

## Companies like EnKash

In the same sector, and raised in the last eighteen months.

[**RocketPay** $1.1M · Oct 2026](https://millionrounds.com/company/rocketpay)[**NeoGrowth** $99M · Oct 2026](https://millionrounds.com/company/neogrowth)[**StockGro** $28M · Oct 2026](https://millionrounds.com/company/stockgro)[**Jeeves** $210M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kissht** $97M · Sept 2026](https://millionrounds.com/company/kissht)[**Navi** $100M · Aug 2026](https://millionrounds.com/company/navi)

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