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Integrated travel and expense management platform for Indian enterprises with corporate cards and GST policy automation. Bangalore India; raised $45M+ (CRED, Sequoia India);
Happay is an Indian corporate travel and expense management company that provides an integrated platform covering travel booking, corporate cards, expense management, petty cash, and advance management for enterprises in India and Southeast Asia. Founded in 2012 and headquartered in Bangalore, India, Happay has raised more than $45 million from investors including CRED and Sequoia Capital India. The company has built one of the strongest travel and expense platforms for the Indian enterprise market, where local regulatory requirements, domestic travel patterns, and GST compliance create challenges that global expense platforms address poorly.\n\nHappay's platform provides a Visa-powered corporate card with real-time spend controls and automated expense capture, a travel booking engine with Indian domestic and international content, and an expense management system with GST input tax credit automation — a critical compliance requirement for Indian businesses. The platform handles the full expense lifecycle from advance disbursement through reconciliation and ERP posting, covering the workflows of both field sales teams and corporate travelers in the Indian context.\n\nHappay competes with global players like SAP Concur and local alternatives including EnKash and Zaggle in the Indian corporate spend management market. The company's deep understanding of Indian compliance requirements, its integration with Indian accounting systems, and its local support operations have made it the preferred choice for large Indian enterprises across sectors including FMCG, BFSI, manufacturing, and technology. Happay's acquisition by CRED, India's leading fintech platform for creditworthy users, has provided access to CRED's distribution and financial services infrastructure.
Frankfurt-listed (ETR: SAP) global enterprise ERP at €34.18B revenue 2024 with €17.14B cloud growing +25%; RISE migration converting 30K+ on-premise customers competing with Oracle and Microsoft Dynamics for large enterprise ERP.
SAP SE is a Walldorf, Germany-based enterprise software company — listed on the Frankfurt Stock Exchange (ETR: SAP) and NYSE (NYSE: SAP as ADR) — providing ERP (enterprise resource planning), CRM, supply chain management, human capital management, and business intelligence software to 26,000+ enterprise customers across 180+ countries, generating €34.18 billion in total revenue in fiscal year 2024 (+10% year-over-year) with cloud revenue growing to €17.14 billion (+25% YoY) as 30,000+ on-premise customers migrate to SAP's cloud platform. Founded in 1972 by five former IBM engineers (Hasso Plattner, Dietmar Hopp, Klaus Tschira, Hans-Werner Hector, and Claus Wellenreuther), SAP became the de facto standard for large enterprise operations management, running mission-critical processes for 87% of Forbes Global 2000 companies.
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