Slice
Manager
Fund |
Fund manager
Co-invested company
sector
Services
regional split
Rest of the world
vintage
status
Portfolio
category
Unicorn
Insight Partners XII
Insight Partners

Slice

Co-invested company
Slice is an Indian company that offers free and flexible credit cards for bill payments and expense management.
The team at Slice, a portfolio company Fund manager private equity Fund manager  Insight Partners

Slice key figures

+ 18 M
customers in India
2016
year of inception
+ 1200
employees
2%
cashback on every transaction
Data as at
11/4/26
*Source: Public data from companies’ websites and social media accounts. For more up-to-date information, we invite our investors to view the report made available on their space.

The fpci The Altaroc Odyssey private equity fund is no longer accepting new investments.

About Slice

Indian unicorn Slice offers a new approach to credit cards, providing flexibility for bill payments and expense management, all with a loyalty program.

Slice credit cards are completely free, with no hidden fees or annual dues. They also enable users to split their bills and pay them over a period of up to three months, with no interest charges. In India, where on average only three credit cards are held for every 100 inhabitants, the company is targeting a South Asian market where nearly a billion debit cards are in use.

Most Indians have little or no credit score, but this opens up a considerable opportunity. Rajan Bajaj, founder and CEO of Slice, believes that credit cards have traditionally been perceived as loan products rather than payment tools in the Indian banking sector.

The company targets all credit-eligible individuals, with credit limits ranging from 10,000 rupees (approx. $134) to 10 million rupees (approx. $13,425). It is also striving to simplify traditional banking with an intuitive, interactive app designed for Millennials and Generation Z.

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