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Shelf

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Shelf

Neobank for Young Professionals in India

shelfpay.in
HQ: Bengaluru, KA, India
1-10
Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

Shelf is a Bengaluru-based YC S22 fintech building a shared payments app for flatmates and young professionals, centered on pooled money, automatic bill splitting, and a shared payment card.

Primary product

Shared payments app and card for flatmates

Founded

2022

Headquarters

301/302, 3rd Floor, Saket Callipolis, Marathahalli - Sarjapur Rd, Doddakannelli, Bengaluru, Karnataka 560035, India

Team size

1-10 employees

Industry

Financial Services

Sub-industry

Fintech / neobank / shared payments

Offices

Bengaluru, Karnataka, India (HQ)
Sarjapur, Karnataka, India
United States

Business model

consumer fintech app
group wallet / shared expense management
payment card / interchange-led payments

Funding

Stage

Seed

Total raised

$625K

Latest round

Seed · Oct 2022

Latest amount

$125K

Seed

Oct 2022

$125K

Pre-Seed

Jun 2022 · Y Combinator

$500K

People & investors

Leadership

Vedant Kumar

Co-Founder, CEO

Paras Rajput

Co-Founder

Himanshu Chhatpar

Frontend Lead

Vishwas Rawat

Founding Engineer

Investors

Super Capital
Y Combinator

Work & culture

Public company messaging emphasizes solving real user problems, customer delight, inclusiveness, speed, flexibility, joyful teamwork, and a make-realize-iterate approach.

Compensation

No public salary bands or compensation policy were found; public hiring posts mention internships and roles but do not disclose pay.

Product & market

Pricing

No hidden fees are advertised publicly; monetization details are not publicly disclosed.

Differentiators

  • —India's first shared payments app
  • —automatic expense splitting
  • —group wallets for shared spending
  • —interchangeable personal and group card
  • —up to 5% cashback on flatmate essentials
  • —roommate matching with verified profiles and AI-powered suggestions

Technology

AMP
AWS Lambda
Spring
PostgreSQL

Customers

young professionals in India
flatmates
friends
couples
families
group travelers

Competitors

Splitwise
Slice
Jupiter
Revolut
Housing.com
NoBroker

Scale & contact

Estimated revenue

$4M-$5M estimated ARR

Estimated monthly visits

1.4K

Traffic estimate as of May 2024

admin@shelfpay.in+91 89046 76505

Signals & risks

Other
Aug 2024

Shelf posted a migration notice for an upgraded app and instructed users to withdraw wallet money before the deadline, noting current accounts would be closed during the transition.

Source

Latest news

Had the pleasure of meeting Paras Rajput the founder of Shelf (YC S22)—a smart card designed for flatmates to make splitting expenses effortless.

LinkedIn · Oct 2024

A third-party LinkedIn post highlighted Shelf’s flatmate-focused smart card and the company’s niche positioning around shared living expenses.

28 Million Views: How It Helped Us Connect with Our Audience and Create a Feedback Loop 🎉

LinkedIn · Sep 2024

Utkarsh Yadav described Shelf’s social media reach and said the company used the audience engagement loop to better understand users and fill its waitlist.

Shelf account migration to an upgraded app

Shelf website · Aug 2024

Shelf told users to withdraw wallet/bucket balances before 23 August 2024 because the current account would be closed during the upgrade; new app access was waitlist-based.

Flatmates: Family away from Home

Medium · Aug 2024

Brand/content article about shared living, support systems, and the social benefits of good flatmates.

Hiring Alert ⚡ | Mobile Dev Team at Shelf (YC S22)! 📱

LinkedIn · Nov 2023

Company hiring post for mobile developers, highlighting work on user experience and direct product impact.

AboutCard productFlatmates featureHomepageInvite-only access formLinkedIn companyMedium blogMigration noticeTerms and conditionsY Combinator launch
SourcesOfficial homepageAbout pageCard pageFlatmates pageMigration noticeMedium blogY Combinator company pageLinkedIn company pageGetLatka profileTracxn profile

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