Fintech startup Orbit Wallet featured on Shark Tank India, where founders Aman Bisht, Shikha Chouksey, and Harshvardhan Zaveri pitched their integrated payment solution designed to streamline transit, institutional access, and retail payments.
During the pitch, the founders highlighted the massive scale of public transportation in India, noting a daily ridership of 3.6 crores, including 1 crore daily metro commuters. Orbit Wallet addresses the friction in these journeys by offering a unified Prepaid and NCMC (National Common Mobility Card) wallet. Available on both Google Play and Apple App stores, the platform provides users with both virtual and physical card options (priced at ₹150) and features QR-based instant onboarding requiring only basic KYC documents like Aadhaar or PAN.
Entering the Tank, the founders sought ₹50 lakhs for 1% equity, valuing the company at ₹50 crores.
Since its pilot launch in January 2025, the pre-revenue company has demonstrated rapid traction, onboarding 55,000 total users and issuing 22,000 physical cards. As of November 2025, the platform recorded Monthly Wallet Activity of ₹62 lakhs in top-ups and ₹58 lakhs in total spend.
The spending is split between ₹40 lakhs for Transit (NCMC) and ₹18 lakhs for Retail (Non-NCMC) payments. The startup operates on a Go-To-Market (GTM) strategy driven by operator-led distribution and earns revenue through an interchange model—taking 2% on retail payments and 0.58% on transit payments.
The platform currently maintains high engagement levels with 5,800 to 6,000 Daily Active Users (DAU) and 9,000 Weekly Active Users (WAU). Prior to the Tank, the founders had already secured ₹25 lakhs in grants to support their development.
After discussions regarding the “operator-led” distribution model and the roadmap to profitability, Aman Gupta closed the deal by investing ₹60 lakhs for 4% equity, valuing Orbit Wallet at ₹15 crores.
The founders shared that the capital raised will be used to accelerate their mission of digitizing small-ticket transit and retail transactions, moving India closer to a truly seamless, “one-card” mobility experience for millions of daily commuters.
