Zwitch is a payments and embedded finance platform company based in Bengaluru, India, that provides APIs for payments, accounts, cards and lending for businesses and developers.
This is a short Startup Deep Dive profile of Zwitch. It includes only information that could be found in publicly available sources, and it will be expanded when more verified details are published. It is educational and not investment advice. Last updated: October 2026.
Zwitch Quick Facts
| Company | Zwitch |
| Founded | 2013 |
| Headquarters | Bengaluru |
| Founders | Anish Achuthan, Mabel Chacko |
| Sector | Embedded finance platform |
| Total funding | Not disclosed |
| Valuation | Not disclosed |
| Website | Not disclosed |
“Not disclosed” means no reliable public figure was found. Figures marked “reported” may differ between sources.
What Is Publicly Known About Zwitch
- Zwitch was described as a developer payments platform handling the payments stack, from storing cards to direct payouts.
- A later description presents Zwitch as a no-code embedded finance platform that lets businesses add accounts, cards, payments and lending.
- The platform is reported to include a drag-and-drop dashboard, low-code plugins and more than 300 APIs.
- Reported to have been founded in 2013 by Anish Achuthan and Mabel Chacko, who had earlier founded other fintech ventures.
- October 2015: Citrus Pay reportedly acquired Zwitch for an undisclosed amount, with the founders and a 10-member team joining Citrus and relocating to Mumbai.
- November/December 2022: Zwitch reportedly launched as an embedded finance platform built and operated by Open, in partnership with SBM Bank India.
- No funding rounds for Zwitch itself were found in sources read (reported).
Why Information on Zwitch Is Limited
Early-stage and privately held companies are often not required to publish financial statements, and many do not announce funding, customers or product milestones. Names can also be shared by several organisations, which makes it hard to match reports to the right company. Readers who want to assess Zwitch should check the company’s own announcements and its filings with the Registrar of Companies.
- Check the basics: company registration, founders, product status and customers.
- Check the money: funding announcements and audited financial statements.
- Check progress: demonstrations, approvals and signed contracts.
Zwitch FAQs: Frequently Asked Questions
What is Zwitch?
Zwitch is a payments and embedded finance platform company based in Bengaluru, India, that provides APIs for payments, accounts, cards and lending for businesses and developers. This short profile includes only verified public information.
Who founded Zwitch?
Zwitch is reported to have been founded by Anish Achuthan, Mabel Chacko.
How much funding has Zwitch raised?
No reliable public funding figure for Zwitch was found, so none is stated.
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Source
Source: Publicly available data, published reports, industry research, and other credible sources.
