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Happay is a prominent Indian B2B fintech company specializing in all-in-one travel, expense, and payment management solutions for businesses. Founded in 2012 by Anshul Rai and Varun Rathi, Happay aimed to revolutionize corporate spending by offering automated, integrated tools including corporate cards, expense tracking software, and travel booking. Their platform helps businesses gain visibility and control over expenses, reduce manual effort, and ensure compliance. In December 2021, Happay was acquired by CRED, a high-trust community of creditworthy individuals, merchants, and institutions, in a cash-and-stock deal valued at approximately $180 million. Happay continues to operate its suite of services, often highlighted as 'Happay by CRED', leveraging CRED's ecosystem to expand its offerings and reach, while maintaining its focus on corporate spend management.
Serves as the main operational hub for product development, engineering, sales, marketing, customer support, and corporate strategy for Happay's solutions within the CRED ecosystem.
Located within IndiQube Lexington, a well-known business center offering modern amenities, collaborative workspaces, and scalable infrastructure suitable for a dynamic tech company.
Prior to acquisition, Happay fostered a fast-paced, innovative, and employee-centric startup culture. Post-acquisition by CRED, it integrates with CRED's broader dynamic and performance-driven work environment, while retaining a specialized focus on fintech innovation for business expenses.
Its location in Bengaluru provides access to a rich talent pool in technology and business, crucial for a fintech company. It's also strategically positioned within India's 'Silicon Valley,' fostering collaboration and innovation for expense management solutions.
Happay's primary market focus is India. Its cloud-based expense management solutions are designed for Indian businesses, including those with international operations or employees traveling globally. Post-acquisition by CRED, its integration capabilities within CRED's ecosystem are enhanced, but core services remain tailored for the Indian regulatory and business environment. There are no standalone international offices publicly listed for Happay.
IndiQube Lexington, First Floor, Sarjapur Main Rd, Agara Village, 1st Sector, HSR Layout
Bengaluru
Karnataka
India
Address: WeWork Enam Sambhav, C-20, G Block, Bandra Kurla Complex, Mumbai, Maharashtra 400051 (Representative Address reflecting typical presence in major cities)
To provide localized support and services to a large concentration of corporate clients in Mumbai and the surrounding economically significant region, driving adoption of Happay's expense management platform.
Address: WeWork Bristol Chowk, Platina Tower, MG Road, Near Sikandarpur Metro Station, Gurugram, Haryana 122002 (Representative Address reflecting typical presence in major cities)
To cater to the diverse business landscape of Delhi-NCR and provide dedicated support to enterprises in North India for their travel and expense management needs.
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As of April 2025, Happay ' leadership includes:
Happay has been backed by several prominent investors over the years, including:
Following its acquisition by CRED in December 2021, Happay's leadership structure has been integrated within CRED. Major executive changes specific to the Happay unit are typically managed as part of CRED's overall talent strategy and not always publicized independently. The original founders transitioned with the acquisition.
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Happay, now part of CRED, primarily uses the happay.com domain for its communications. Common corporate email formats are generally [first].[last]@happay.com or [first_initial][last]@happay.com.
[first].[last]@happay.com
Format
john.doe@happay.com
Example
75%
Success rate
TechCrunch • December 1, 2021
Indian fintech CRED announced its acquisition of Happay, a corporate expense management platform, in a cash and stock deal valued at $180 million. This move marks CRED's entry into the enterprise spending space, leveraging Happay's established B2B solutions....more
The Economic Times • February 7, 2022
Following its acquisition by CRED, Happay will continue to operate as an independent brand with its own team. Anshul Rai, cofounder of Happay, stated that the company will maintain its own identity and operational autonomy while benefiting from CRED's resources. The deal structure for founders was also highlighted....more
Happay Blog • October 12, 2023
Happay launched 'Happay MILES,' a new comprehensive business travel solution designed to simplify travel booking, management, and expense reconciliation for corporates. This offering integrates seamlessly with their existing expense management platform for an end-to-end automated experience....more
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