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Bangalore, Karnataka, India
Happay is an Indian fintech company that provides expense management solutions for businesses. Their cloud-based platform allows companies to automate and streamline their expense management processes, including expense reporting, reimbursements, and accounting. The platform provides real-time visibility into employee spending, enabling managers to monitor and control expenses more effectively. Happay also offers a range of features, such as customized spending policies, mobile app access, and integrated payment options, to help businesses manage their expenses more efficiently. The company serves a variety of industries, including healthcare, education, and retail, among others. Happay's goal is to help businesses reduce costs, improve efficiency, and gain greater control over their expense management processes.
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In 2021, Happay's revenue reached $26M. Since its launch in 2012, Happay has shown consistent revenue growth.
Happay reached a $78.1M valuation in 2025, set during its M&A Offer round.
Happay has raised $21.4M in total funding across 7 rounds, most recently a $2.8M Venture Round round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $78.1M | - | |
| 2019 | Venture Round | $2.8M | - | - |
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Happay serves 6K customers.
Happay employs approximately 451 people as of 2026, up from 310 in 2021, including 78 sales reps that carry a quota. It serves 6K customers that rely on its solutions.
Happay generates $26M in revenue.
The CEO of Happay is Anshul Rai.
Happay raised $21.4M across 7 rounds.
Happay has 451 employees.
Happay is headquartered in Bangalore, Karnataka, India.
Happay operates across multiple industries. Browse revenue, funding, and growth data for Happay in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$78.1M
2021 Revenue
$26M
Customers
6K
Funding
$21.4M
Avg ACV
$4.3K
Team · 2023
451
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2021 | Happay Hit $26m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| 2018 | Series B | $217.8K | - | - |
| 2017 | Series B | $10.1M | - | - |
| 2015 | Series A | $7.2M | - | - |
| 2015 | Seed Round | $500K | - | - |
| 2013 | Seed Round | $500K | - | - |
| 2013 | Seed Round | $20K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 451 employees (July 2023) | |
| 2021 | Reached 310 employees (April 2021) |
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