GLADIRIS TECHNOLOGIES PRIVATE LIMITED

In their own words

What is SpiderG; Ontime Payment collection and one-click payment disbursement app for micro-businesses (Not SMEs). Businesses which have some monthly fee arrangement with their customers every month. They have a collection problem because with a large number of customers it gets difficult to track who has paid & who has not, and existing apps like Google Pay and Paytm don't help him much. We are a kind of consolidated Neo banking app which is combining transactions ( banking) with book-keeping to automate accounting. 1. Automate sending recurring (monthly/quarterly) invoices with a payment link to business's customers 2. Enabling payments collection from customers through payment links on invoices and does auto reconciliation. 3. SpiderG send AI-driven smart reminders to ensure on-time payments, 4. Link existing current accounts with SpiderG or request opening new bank accounts. Access their current account directly through SpiderG for making payments, checking balance and adding a beneficiary. 5. Pay salaries, vendor bills, and reimbursements through the app. Customer Profile; Ideal customers for SpiderG are companies that generate revenue by billing invoices having the same value, to their customers every month and those that deal with a large customer base. Customers of SpiderG belong to a wide variety of industry verticals. At present, the majority of our customers come from the following industries: Second-tier gyms & Fitness centers , School bus private operators, Schools, Daycare centers and Tuition classes , Asset rental companies; Rent Medical equipment, Laptops, AC, Fridge , Paying guests hostel, Newspaper vendors , Cable/ Internet service providers, Why SpiderG; SpiderG streamlines their collections & make them easy to track defaulters plus they can make payments from the same platform. It is a single platform for all transactions. Moreover, since the software is free and we charge only on the transaction, the adoption of our platform is phenomenally high. From a payment out perspective, they get an overview of their outgoing transactions and can do on-click disbursements. Current Traction; We are now doing more than 500,000 + monthly recurring invoices on the SpiderG platform and have onboarded 10,000 plus micro businesses on board. In the next 5 months, we will touch 10,00,000 recurring invoices across 10 cities in India.

Written by the company on its public Startup India profile. Not verified by us.