Our mission

To enable tenants and landlords to better earn and transact on their Property Rent payments and collections


At Paymatrix, we are all working towards to solve one key problem of the Rental market in India – To build trust and transparency between tenants, landlords and Property managers. The idea emerged when one of us faced the problem of arranging corpus for Rent deposit payment in Mumbai, wherein there was a dearth of loan options. When we deep dived into the market, we observed that the bargaining power between the tenants and landlords is skewed with the following being major reasons:

Lack of trust


No documentation

No risk–containment

Plugging in the above, we built an analytics-driven Property Rent management platform, which can help tenants, landlords and property managers to handle all the interactions and transactions between them from on-boarding to off-boarding.

Today we handle Property Rent payments and collections worth millions every month, helping thousands of tenants to save on their Rent payments and Deposits while enabling Landlords and property managers to earn better on rentals.


Mukesh Chandra Anchuri,
Founder & CEO

Mukesh drives Paymatrix’s product strategy, looks after marketing, business development and investor interactions. He holds a bachelor’s degree from Birla Institute of Technology, Mesra and an MBA from SP Jain. An avid wild-life lover, he loves to travel, explore nature trails and read fiction.

Muralidhar Nayak Guguloth,
Co-founder and CTO

Muralidhar leads engineering team and takes care of Product Development, People Management. He is a former lead developer at IBM, technical lead at IGATE, worked with Fortune 500 Client.He is an alumnus of Birla Institute of Technology, Mesra and IIIT Hyderabad. He is passionate about technology, building products and teams. He loves drawing and playing chess.

What do we have as a team?

Tons of passion and commitment to our Idea

Unwavering belief in possibilities of our proposition

Perseverance and patience to fight and reconcile

Finally, we do hold the most sought over academic and professional qualifications (Phew.. of course, only for those who seek)

Our Investors

Incubated by