Razorpay’s Payment Pages

With a wide expertise in investing, renovating and developing affordable housing, SP Investment Fund LLC and its affiliates have invested in, renovated, and/or developed well over 10,000 housing units of affordable housing for low-income and very low-income senior citizens, disabled individuals, and families. SP Investment Fund also invests in early-stage technology companies whose products will significantly benefit society. One such investment is its seed stage investment in Bengaluru, India’s Razorpay, a company that is now the highest valued fintech company in India.

Razorpay is a disruptive neobanking and payment platform that assists entrepreneurs in managing their business. In December 2021, it had a market valuation of $7.5 billion, resulting from a $375 million F series fundraising. One of its offering is the Razorpay Payment Pages. Through this platform, online sellers, event organizers, and those accepting donations can host their payment pages without coding or technical expertise.

Clients can list multiple products for sale with images of the products on a single payment page. Controls include setting the minimum purchase payment and minimum and maximum number of items to purchase. Clients can also send automated receipts, and NGOs can send automated 80G receipts.

The payment pages’ look and feel are customizable to reflect brand identity and image. Other features include intuitive reporting available on the dashboard, which help enhance business decision-making. To learn more about Razorpay and its offerings, visit www.razorpay.com.

Y Combinator’s Seed Funding Method

With a focus on social impact investing, SP Investment Fund is passionate about investing in early-stage companies that will positively impact society.

In furtherance of its goals, SP Investment Fund has invested along the side of other prominent and likeminded venture capital firms, such as Y Combinator (YC).

YC prides itself on creating a welcoming environment for startup founders. To do so, it accepts applications twice annually, from January to March and June through August, where prospective entrepreneurs explain their idea, no matter how specific or vague. If the YC team likes the idea, they add that startup to the batch for that mentorship period. During that period, batchmates receive not just seed money, but advice on how to pitch their ideas to larger venture capital firms, including those interested in either early or later company stages.

YC also operates an Aspiring Founders program, to educate people interested in startup creation who do not yet have an idea. In addition to weekly video modules, students talk with their fellows weekly, exploring material and discussing startup ideas. YC also promotes the Aspiring Founders course as a way to find co-founders.

Biotechnology for Fast Disease

Since 1990, the SP investment Fund LLC and its affiliates have been investing in affordable housing communities for low-income and very low-income families and senior citizens. The firm and its affiliates have invested in well over 10,000 housing units and in over 100 communities. Also, SP Investment Fund and its affiliates invest in emerging technology entrepreneurs in biotechnology, robotics, medical equipment, and finance to promote a better quality of life and save lives. One such investment is Unima, a transformative biotechnology firm.

Effective and on-time diagnostics remain a hurdle to disease prevention, treatment, and death prevention. The contributing factor mainly falls on high cost and lack of access to the equipment rather than skills and knowledge. Unima developed low-cost diagnostic and disease surveillance tools to serve underserved communities.

The Unima flagship $1 blood test device encompasses a paper diagnostic test. The medical practitioner puts a drop of blood from the patient, snaps a photo of the device, and uses the Unima proprietary application to process the results in less than 15 minutes. The data and analytics are stored and accessed in real-time to aid decision-makers in developing strategies to curb any detected disease spread.

Amity Heights Apartments Renovation

SP Investment Fund, a Los Angeles based firm with extensive experience investing in, renovating and developing affordable housing, expects to begin renovations on the Amity Heights Apartments in Bridgeton New Jersey in early 2022.

Amity Heights Apartments consists of 196 one to five bedroom garden apartment units that are affordable to low income and very low income families in Bridgeton, New Jersey. The apartment community was originally developed by the Michael Levitt of the Michaels Company in the mid-1970s and has not undergone any renovations since then. In concert with Riverside Charitable Corporation, a non-profit public benefit corporation, SP plans to extensively renovate the property and preserve its affordability. The amenities in the building include a community room to facilitate social events and activities, kitchens, computers, two playground areas, a basketball court, a full time social service director, free in-unit Wifi/Cable, fitness rooms, and community room.

Amity Heights is located in an Opportunity Zone. Assistance for the project has been obtained from the City of Bridgeton, the New Jersey Housing and Mortgage Finance Agency, low income housing tax credits, and the HUD FHA loan and Project Based Section 8 programs.