About Boloro
Boloro is a Technology company based in New York (United States) founded in 2010. NFC based payment system for preventing payment fraud. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. Its chief executive, as recorded, is Karl Kilb. Its Indian entity Boloro India Private Limited reported revenue of ₹1.15 Cr. Its focus areas include FinTech, Payments, Enablers and Payment Security. Similar companies include Riskified, Entrust and Signifyd; 2 of its 3 listed similar companies have raised funding.
Company details
Boloros is a NFC-based payment system for preventing payment fraud. It provides multi-factor authentication-enabled NFC and mobile number-based payment system, which can be connected with a bank account, wallet, or mobile balance at the back-end. It provides an NFC sticker that can be used with any phone (feature phone also). It also authenticates using a unique 4-digit PIN for each customer. It has partnered with various telcos which in turn offer the payment choices to their customers (bank account, wallet, and mobile airtime, varies from telco to telco). It also provides SIM card-based PoS readers to merchants.
- Headquarters New York, United States
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Email••••••••
- Website boloro.com
- Social LinkedIn X
- Legal Name Boloro India Private Limited
- Date of Incorporation 05 Jun, 2015
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹1.15 Cr
FY 2020
- Indian entity net loss-₹72,271
FY 2020 · -1% margin
- Indian entity EBITDA-₹30,763
FY 2020 · 0% margin
Associated legal entities of Boloro
Boloro operates through Boloro India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Boloro India Private Limited CIN U72300DL2015FTC281156 | Active | 05 Jun 2015 | New Delhi, Delhi | ₹1.1 Cr | 2 | View details |
Board of directors of Boloro India Private Limited (Boloro)
Boloro India Private Limited is the primary company behind Boloro. The board of Boloro India Private Limited currently have 2 directors; the longest-serving is Rajiv Kumar Aggarwal, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Kumar Aggarwal DIN 01784236 | Director | 05 Jun 2015 | 11 yrs 5 mo | Boloro India Private Limited |
| Shashi Shekhar DIN 08777888 | Director | 29 Jun 2022 | 4 yrs 4 mo | Boloro India Private Limited |
People of Boloro
1 people are tracked at Boloro (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Boloro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Boloro
Figures of Boloro India Private Limited, the primary company behind Boloro, for FY 2020. Revenue was ₹1.15 Cr. Net loss was -₹72,271 (-1% margin). EBITDA was -₹30,763 (0% margin). Revenue has grown at a compounded annual rate of +131% over three years.
- ₹1.15 CrRevenue · FY 2020
- -₹72,271Net loss · -1% margin
- -₹30,763EBITDA · 0% margin
- ₹11.6 LakhPaid-up capital
- +131%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Boloro India Private Limited are on its company page.
Detailed financial statements for Boloro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Boloro
Boloro has 3 listed similar companies in our database, 2 of them funded. They include Riskified, Entrust and Signifyd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| entrust.com | 1969 | Dallas, United States | 108 | Provider of digital identity management solutions | ||
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers |
Detailed similar companies of Boloro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Boloro (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Boloro
Boloro was founded in 2010.
Boloro is headquartered in New York, United States. It is registered at New York, New York, United States.
Karl Kilb is the CEO of Boloro, as recorded in our data.
The primary company behind Boloro, Boloro India Private Limited, reported revenue of ₹1.15 Cr for FY 2020.
Boloros is a NFC-based payment system for preventing payment fraud. It provides multi-factor authentication-enabled NFC and mobile number-based payment system, which can be connected with a bank account, wallet, or mobile balance at the back-end. It provides an NFC sticker that can be used with any phone (feature phone also). It also authenticates using a unique 4-digit PIN for each customer. It has partnered with various telcos which in turn offer the payment choices to their customers (bank account, wallet, and mobile airtime, varies from telco to telco). It also provides SIM card-based PoS readers to merchants.
Boloro operates through Boloro India Private Limited.
The legal entities of Boloro currently have 2 directors, including Rajiv Kumar Aggarwal, Shashi Shekhar.