deAzzle acquires Outgo Payment Solution to digitize small entrepreneurs
deAzzle Services, a Pune based a startup, and an application for one-stop solutions for booking local services and subscriptions in Pune has acquired Outgo Payment Solutions, that specializes in making business cashless and paperless.
deAzzle is backed by Dr. Anand Deshpande, Founder, and MD, Persistent Systems Limited.
Dr. Anand Deshpande said “With the acquisition of Outgo we’ve extended and strengthened deAzzle’s solution in recurring billing payment collection. The digital push from e-commerce into local commerce is creating a void for digital solutions in billing, appointments and subscription management which we will fill.”
Chetana Pawar, Founder of Outgo said, “Small businesses are looking for a quick and cost-effective solution to their day to day operational problems. They spend a lot of time on manual billing, invoicing, expense tracking and payment collection. We started Outgo around the time of demonetization and since then we have added hundreds of customers. Our integration with deAzzle will help offer them an end-to- end solution as well as a bucket of products like mPOS, loans, BBPS and more.”
Any small-business owner can go online with their services on deAzzle. The deAzzle mobile app enables payment collection, order management, cash flow tracking, and customer engagement. It helps the small business owner take control of their entire business online. Through deAzzle small business gain direct access to thousand’s customers in Pune to deliver their services.
Services on deAzzle include lifestyle offers, subscription for daily services such as automobile repairs, salons & spas, home services, vegetables, milk, newspaper delivery etc. at discounts that can be booked with just a few taps. With Outgo coming onboard, services like ISPs, daycares, preschools, coaching classes, jewellery, society maintenance and many such services will also be serviced using the platform.
The platform is designed to be simple and user-friendly so that small business owners can easily register and start using it. deAzzle wants to maximize the reach to the bottom of the pyramid businesses/services and get to the forefront of the Digital India campaign. With the merger, deAzzle expects to track 1,00,000 transactions monthly in the near future.
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