Over 60 million micro enterprises in India are stuck in a rut because of lack of resources and finance companies do not find it feasible to adapt digital setup. This has resulted in a huge gap that remains unaddressed. In this context, SpriderG Indian leading online payment generation startup that makes payment collection easy & efficient is all set to support over 15 k micro enterprises.

Advancements of technology and digital payment services may have made collection of payments easier, but tracking is difficult. Not all customers use the same online payment services, and tracking finances and cash-flow management is a huge concern for microbusinesses. Realising this problem, Ashwani Rathore and Harshal Ingle co-founded SpiderG. The Pune-based startup is an on-time, one-click payment collection and disbursement app to pay salaries, utility bulls, and expenses for micro-businesses.

With SpiderG, micro-entrepreneurs can send automated recurring e-bills to customers with a payment link, follow up for a payment by sending reminders, and keep track of each of these payments. SpiderG eases and structures the book-keeping process by enabling entrepreneurs to carry out all transactions through one platform, reports Yohoo Finance.

The startup has been awarded the Singapore Fintech Gladiators Top Startup award, and also received the Maharashtra Innovation Award in 2018. It is a part of the JioGenNext Startup Accelerator and the Microsoft Emerge X Programmes.

SpiderG wants invoicing to be effortless and quick for small businesses, and aims to facilitate a smoother process and establish a network of businesses connected through the e-invoicing platform.

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