About 1Checkout
1Checkout is a Financial Services company based in Bengaluru (India) founded in 2022. It provides fast checkout, payment options, and fraud prevention for online stores. It operates on a D2C and B2B model. Its website 1checkout.ai draws about 681 thousand monthly visits. Its Indian entity Traceroot Software Solutions Private Limited reported revenue of ₹4.15 Cr. 1Checkout offers products and services including 1Checkout. Its focus areas include FinTech, Payment Tech, Checkout Systems and Secure Payments. Its competitors include Nimbbl and Shopflo; 2 of its 2 listed competitors have raised funding.
Company details
Pragma delivers a streamlined checkout platform called 1Checkout that enables ecommerce brands to complete transactions quickly by auto-populating user details and supporting various payment methods like UPI and BNPL. It focuses on reducing abandoned carts, preventing return-to-origin issues, and enhancing security through AI-driven recommendations. The service empowers direct-to-consumer brands by analyzing drop-offs and promoting prepaid orders, ultimately improving customer experience in the digital marketplace.
- Headquarters Bengaluru, India
- SectorsFinancial Services
- Website 1checkout.ai
- Legal Name Traceroot Software Solutions Private Limited
- Date of Incorporation 10 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹4.15 Cr
FY 2024 · +23% YoY
- Net Loss-₹7.6 Lakh
FY 2024 · -2% margin
- EBITDA₹7.5 Lakh
FY 2024 · 2% margin
Associated legal entities of 1Checkout
1Checkout operates through Traceroot Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Traceroot Software Solutions Private Limited CIN U72900KA2020PTC131502 | Active | 10 Jan 2020 | Bangalore, Karnataka | ₹4.1 Cr | 3 | View details |
Products & Services of 1Checkout
1Checkout offers a comprehensive portfolio of products and services, including 1Checkout.
Enables quick, secure ecommerce transactions to reduce abandoned carts.
Board of directors of Traceroot Software Solutions Private Limited (1Checkout)
Traceroot Software Solutions Private Limited is the primary company behind 1Checkout. The board of Traceroot Software Solutions Private Limited currently have 3 directors; the longest-serving is Eshan Das, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Eshan Das DIN 05182739 | Director | 10 Jan 2020 | 6 yrs 9 mo | Traceroot Software Solutions Private Limited |
| Monodeep Bhattacharjee DIN 05182736 | Director | 10 Jan 2020 | 6 yrs 9 mo | Traceroot Software Solutions Private Limited |
| Nitish Das DIN 07807620 | Director | 20 Jan 2020 | 6 yrs 9 mo | Traceroot Software Solutions Private Limited |
Financials of 1Checkout
Figures of Traceroot Software Solutions Private Limited, the primary company behind 1Checkout, for FY 2024. Revenue was ₹4.15 Cr (+23% year on year). Net loss was -₹7.6 Lakh (-2% margin). EBITDA was ₹7.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of +167% over three years.
- ₹4.15 CrRevenue · FY 2024 · +23% YoY
- -₹7.6 LakhNet loss · -2% margin
- ₹7.5 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +167%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Traceroot Software Solutions Private Limited are on its company page.
Detailed financial statements for 1Checkout
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of 1Checkout
1Checkout has 2 listed competitors in our database, 2 of them funded. They include Nimbbl and Shopflo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nimbbl.biz | 2020 | Mumbai, India | $7.12M | 39 | One-click checkout and payment solutions for online businesses are provided. | |
| shopflo.com | 2021 | Delhi, India | $2.6M | 54 | Provider of checkout suite solutions for e-tailers |
Detailed competitors of 1Checkout
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Web traffic of 1Checkout
The website of 1Checkout (1checkout.ai) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with 1Checkout. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for 1Checkout
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Top companies in Travel Fintech
3 companies that operate in the same segment as 1Checkout (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 4.26 M | 128 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Related news about 1Checkout
Complete news archive for 1Checkout
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Frequently Asked Questions about 1Checkout
1Checkout was founded in 2022.
1Checkout is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind 1Checkout, Traceroot Software Solutions Private Limited, reported revenue of ₹4.15 Cr for FY 2024, up 23% year on year.
Pragma delivers a streamlined checkout platform called 1Checkout that enables ecommerce brands to complete transactions quickly by auto-populating user details and supporting various payment methods like UPI and BNPL. It focuses on reducing abandoned carts, preventing return-to-origin issues, and enhancing security through AI-driven recommendations. The service empowers direct-to-consumer brands by analyzing drop-offs and promoting prepaid orders, ultimately improving customer experience in the digital marketplace.
1Checkout offers 1Checkout.
1Checkout operates through Traceroot Software Solutions Private Limited.
The legal entities of 1Checkout currently have 3 directors, including Eshan Das, Monodeep Bhattacharjee, Nitish Das.
The website of 1Checkout receives about 681 thousand visits a month.