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Six things we look for on every startup: DPIIT recognition, a CIN, a website, a description, a logo and a funding signal. This startup has all six.
Location
Where this is
District
Hyderabad
Telangana
Startup India records the district. We do not have a street address for this company, and we will not invent one.
No point is drawn, because we do not have one.
The register records this company's district and nothing finer, so the district is what is drawn. No point is shown, because we do not have one.
Map data © OpenStreetMap contributors · © Protomaps
Geocode confidence: low
See all Hyderabad startups on the map How we placed this startup
In context
What this startup amounts to
SHIRAY TECH PRIVATE LIMITED is a Startup India startup we can place no finer than Hyderabad district, which holds 20,860 startups in this snapshot. 542 of those startups are filed under Finance Technology, 3% of the district. The one funding signal on it is: Self-declared on the government form, unverified.
Every figure above is counted from the 2026-08 snapshot and is the same number the page it links to prints.
In their own words
Business Model - https://drive.google.com/file/d/1Eqb5ItH3RDYSondg15vvGZfuQuf8SvRb/view?usp=sharing Project Link - https://devfolio.co/submissions/maks-pay The problem MAKS Pay solves Marginal and Low-income families can get access to credit and capital to meet their day to day expenses. MGNREGA workers can use our mobile application to check their outstanding wage payments; these are pending payments by Government of India for the work they have already rendered. Once the borrwer installs MAKS Pay Mobile Application: 1) We help them onboard and register with Account Aggregator (In our use case its OneMoney). 2) Once the registration is complete, we request the user to link their Bank Account and MGNREGA Account. Bank account and active MGNREGA job worker number validation is done through OTP verification. 3) We then request the user to give us Consent, to gather required transactional details from their Bank account (this would help us validate their past payments from MGNREGA) and also link MGNREGA Job Card Number to confirm the outstanding payments to their Bank account. This data is required to qualify them for a Loan Process. Along with this, they would give us Consent to share this Financial Information with Lenders. 4) The information gathered and analysed is then sent across to Lending Community - via API's to - either OCEN(Open Credit Enablement Network) or other Banks/NBFC's directly participating in this Lending process. 5) Offers from different Lenders received are then shown to the user. We help them guide through the Loan Application process. 6) Once the user selects a specific Loan offer; We inform the corresponding Lender and request the user to provide their UPI handle (if its not available, we will help them set it up). This is important, so that we setup Auto-repayment mandate as part of the Collections flow. This will reduce the defaults and have digital collections in place. 7) We monitor the users bank account till the payments from MGNREGA are credited to users account and corresponding debit happens towards the outstanding Loan amount. 8) Loan is then closed. 9) User can re-apply for new Loan.
Written by the company on its public Startup India profile. Not verified by us.
The listing
What the startup says
- DPIIT recognition number
- DIPP65705
- CIN
- U67100TG2018PTC126079
- Incorporated (MCA)
- 2018
- Registered on Startup India
- 2019
- Self-declared stage
- Validation
- Industry
- Finance Technology
- Finance Technology in Hyderabad
- 542 startups
- District
- Hyderabad
- State
- Telangana
- Registered pincode
- 500034
- MCA status
- Active
- Company class
- Private
- Registrar
- RoC-Hyderabad
- Authorised capital
- ₹1,00,000
- Paid-up capital
- ₹1,00,000
Evidence
Funding signals
We hold evidence classes, not events. There is no amount and no date here because we do not have them, and a class says only where the company was named. 1,914 of the 20,860 startups in Hyderabad carry a signal of some class.
- Self-declared on the government form, unverified
Building a list? 20,860 Hyderabad startups are in Explore, with website and CIN columns, the first 25 free.
Nearby
More startups near here
Other startups the register places in Hyderabad, ranked by the evidence held on each, the same six things the dots near the top count.
Around it
The neighbourhood
This startup carries no locality line, so the district is the finest ring we can place it in.
All 20,860 registered startups in Hyderabad are analysed in a 48-page report. About the report
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, use the report link or write to trust@indianstartupmap.com.
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