Seven
Wearable Fin Tech| Seed
Mumbai, India
www.Seven.ooo
SEVEN is revolutionizing wearable smart technology with its flagship product, the 7 Ring, a premium NFC-enabled contactless payment ring. As India’s first homegrown wearable, the 7 Ring integrates a co-branded prepaid wallet with LivQuik and RuPay, offering seamless payments. Globally certified by MasterCard, RuPay, and EMVco, it works in 70+ countries where contactless cards are accepted.
Crafted from IP68-certified Zirconia Ceramic, the ring is water, dust, and scratchproof, with no need for battery, Bluetooth, or pairing. Users benefit from three granted patents, positioning SEVEN as a fintech innovator.
Founders
Vijay Khubchandani
Co-Founder & CEO
19+ Years Experience as an Entrepreneur
Ex-Founder MindSparx & MoneyLeo
Karthik Menon
Co-Founder & CPO
9+ Years Experience as an Electronics Engineer
Ex-ABS Systems
Specializes in Production and
Quality Assurance
Mahek Savla
Co-Founder & CTO
9+ Years experience of building Complex
Embedded Software.
Ex-L&T Technology Services Limited
Key Highlights
Gross Margin
66%
IP Assets
3 Patents Granted
Revenue Till Date
INR 1.4 Cr
Total Product Sales
3,200+
Payments Till Date
INR 2.5 Cr
Flat 1% Cashback on all spends
Key Investors
Key Partners
Deal Details
Current Deal Round
Seed
Round Size
INR 9 Cr (3.65 cr committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 54 Cr Pre-Money
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Ishita Kansal
Tanya Vasandi
Documents
Pitch Call Recording
Will be uploaded after pitch Call
Media
7 Ring Review: Ring me up! One ring to pay them all.
You’re returning from your morning walk, and swing by your neighbourhood grocery store to pick up some daily provisions… except when asked to pay, you show the shopkeeper your fist and walk out. No, I’m not suggesting threats of violence for free groceries… but a scene that has played out several times since I’ve started using the 7 Ring, India’s first contactless payment wearable ring. Made of zirconia ceramic with the sort of finish that befits a legitimate ring, albeit one in sleek Space Black colour, the 7 Ring is available in (no surprise) 7 sizes and is designed and developed entirely in India.
Rating: 8/10
Price: INR 4,777
