Transpay – Pseudo-Fintech from India

Who she Is: an Indian entrepreneur, and the director and co-founder of Transpay Solutions Private Limited.

Past associations: She was linked to another questionable entity, Bhartipay Fintech, which was removed from the registry for failing to meet its obligations.

Area of activity: Her work involves creating temporary fintech ‘shells’ with minimal capital and no real operational activity. She also participated in fitness and MMA projects—sectors often used for money laundering.

Signs of Fraud:

• no public licenses;
• use of Gmail instead of corporate domains for communication;
• the Transpay website is non-functional;
• identical contact details are used across various projects.

Role:

She is the primary beneficiary of the scheme. After co-founder Deepa Mishra’s departure, Kapur became the sole consistent figure in management.

Tactics:

absence of a digital footprint to avoid detection and accountability.

creating and liquidating fictitious fintech brands with a closed network of trusted individuals;