Favcy Venture Builders present - Pay-Late by Aakar Arora
As seen on Favcy Venture Builder's Opening Day.
Stage - Product under development
Idea - Credit Wallet for Retailers by creating their online shops.
About Aakar Arora
A hardcore numbers guy, Aakar Arora is a qualified Chartered
Accountant. During his early career, he worked with International
Business Advisors (an Ex Big 4 consultancy firm), helping them scale
from a 10 to 50 members during his tenure. His most recent role at
EY as a part of their internal audit and process improvement division
also saw him develop and sell innovative EY solutions to clients based
in the US and UK. Combining his love for numbers and his knack for
sales, he is looking to launch a Credit Wallet for Offline Retail
On being asked about the larger vision of Pay-Late, Aakar's response was:
When we asked - Is the model like that of a virtual credit card for the Kiraanawala?
When we asked - What is the value proposition for Kiraanawalas?
When we asked - How is the customer payment structured?
When we asked - Who's your competitor?
On being asked whether Pay-Late can be turn into an NBFC in the future-
Interested to have a deeper look ?
Register investor interest down below:-
You can additionally request access of Favcy's Partner Thesis on Aakar Arora. Partner thesis is run by Pranav Chaturvedi and will be made available as a video to the interested Investors.