AggrePay

Mumbai, India Founded: 2017 • Age: 9 yrs
Payment gateway and financial services are provided by AggrePay.
Annual revenue $728,429 Latest available
Total funding $2.1M 2 rounds
Employees 13 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About AggrePay

AggrePay is a company based in Mumbai (India) founded in 2017 by Santosh Purabia. AggrePay has raised $2.1 million across 2 funding rounds from investors including Atraxn, Gettin Techsoft India and Ibuild Software Solutions. The company has 13 employees as of March 25, 2024. AggrePay operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.

  • Headquarter Mumbai, India
  • Employees 13 as on 25 Mar, 2024
  • Founders Santosh Purabia
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aggrepay Payments Solutions Private Limited
  • Date of Incorporation 16 Jun, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $728.43 K (USD)
    -35.14
    as on Mar 31, 2021
  • Net Profit
    -$102.36 K (USD)
    -230.52
    as on Mar 31, 2021
  • EBITDA
    -$100.09 K (USD)
    -198.41
    as on Mar 31, 2021
  • Total Equity Funding
    $2.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.04 M (USD), Seed

    Mar 30, 2021

  • Investors
    Atraxn

    & 4 more

  • Employee Count
    13

    as on Mar 25, 2024

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Funding Insights of AggrePay

AggrePay has successfully raised a total of $2.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.04 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AggrePay

AggrePay has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Atraxn, Gettin Techsoft India and Ibuild Software Solutions.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Sector agnostic startup incubator
Locked Locked Locked

Naresh Bhardwaj

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Investor details for AggrePay

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Investments & Acquisitions by AggrePay

Investments
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Investment portfolio details for AggrePay

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Financial Statements - AggrePay

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Detailed financials for AggrePay

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Aggrepay Comparisons

AggrePay Primary company
Description
Payment gateway and financial services are provided by Aggre...
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$728.43 K (USD)
Net Profit
-$102.36 K (USD)
EBITDA
-$100.09 K (USD)
Employees
13
As of 2024
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Peer comparison for AggrePay

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Competitors of AggrePay

AggrePay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payment processing and card issuance solutions are provided for businesses.
Locked Locked Locked
Payment and business banking solutions are provided for enterprises.
Locked Locked Locked
Provider of payment processing solutions for businesses
Locked Locked Locked
Online payment processing and credit solutions are provided for businesses.
Locked Locked Locked
Digital payments and engagement solutions are offered for MSMEs.
Locked Locked Locked
Digital payments are processed and managed via specialized solutions.
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Detailed competitors of AggrePay

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Latest news on Aggrepay

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Frequently Asked Questions about AggrePay

AggrePay was founded in 2017 and raised its 1st funding round 2 years after it was founded.

AggrePay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

AggrePay is a funded company, having raised a total of $2.1M across 2 funding rounds to date.

As of Mar 25, 2024, the latest employee count at AggrePay is 13.

Annual revenue of AggrePay is $728.43K as on Mar 31, 2021.

Provider of payment gateway and related financial services. It offers a secure platform for processing various payment methods, including creditdebit cards, net banking, UPI, and wallets. Additional services encompass invoicing, challan generation, white-labelled wallets, prepaid cards, split payments, and vendor payment systems. The platform features easy integration via plugins and APIs, enabling businesses to quickly adopt its payment solutions. It also provides real-time data and reporting tools for business decision-making and supports various mobile and server-side integrations. Refunds are processed efficiently, and customer support is available through multiple channels.

AggrePay's top competitors include Stripe, Razorpay and PayU.

AggrePay has 5 investors. Key investors include Atraxn, Gettin Techsoft India, Ibuild Software Solutions, Naresh Bhardwaj, and Pundalika Panduranga.

The valuation of AggrePay is $12.08M as of Mar 2021.

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