BookMyForex

Gurugram, India Founded: 2011 • Age: 15 yrs Minicorn Acquired By Tripmoney
Online foreign exchange and remittance services are facilitated in India.

About BookMyForex

BookMyForex is a Financial Services company based in Gurugram (India) founded in 2011 by Nitin Motwani and Sudarshan Motwani, and was acquired by Tripmoney in April 2022. Online foreign exchange and remittance services are facilitated in India. BookMyForex has raised $5.59 million across 5 funding rounds from investors including Tripmoney, Faering Capital and Aditya Pratap Singh. The company has 146 employees. BookMyForex was last valued at $2.06 million in March 2020. Its chief executive, as recorded, is Sudarshan Motwani. Its website bookmyforex.com draws about 743 thousand monthly visits. Its Indian entity Book My Forex Private Limited reported revenue of β‚Ή26.70 Cr. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance.

Company details

BookMyForex was founded in 2011 and is headquartered in Gurugram, India. An e-commerce platform is operated to simplify foreign exchange transactions, including currency notes, prepaid travel cards, travelers cheques, demand drafts, and wire transfers. Partnerships with banks and exchange firms are maintained to meet customer forex needs across the country. The marketplace model is utilized for buying and selling currencies.

  • Headquarters Gurugram, India
  • Employees 146
  • Founders Nitin Motwani, Sudarshan Motwani
  • Stage Acquired
  • Sectors
    Financial Services
  • Website category Finance
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bookmyforex.com
  • Social LinkedIn X Facebook
  • Acquired by Tripmoney (Apr 2022)
  • Legal Name Book My Forex Private Limited
  • Date of Incorporation 23 Sep, 2011
  • Jurisdiction Gurugram, Haryana, India
Key Metrics
  • Annual Revenue
    ₹26.70 Cr

    FY 2025 · +30% YoY

  • Net Loss
    -₹7.02 Cr

    FY 2025 · -26% margin

  • EBITDA
    -₹7.98 Cr

    FY 2025 · -30% margin

  • Total Equity Funding
    $5.59M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.07M (USD), Series A

    Mar 2020

  • Investors
    Tripmoney

    & 4 more

  • Employee Count
    146
  • Acquired by
    Tripmoney

    (Apr 2022)

Funding Insights of BookMyForex

BookMyForex has successfully raised a total of $5.59M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.07 million completed in March 2020. 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.

  • Total Funding $5.59M
  • Total Rounds 5
  • Last Round Series A β€” $2.07M
  • First Round $500,648

    (Jun 2012)

  • Investors Count 4

All 5 funding rounds of BookMyForex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2020$2.07MSeries A–Faering Capital
–
May 2019$430,851Series A$7.83MFaering Capital
–
Feb 2016$2.4MSeries A$6MFaering Capital
–
Dec 2014$187,864Angel Round$β€’β€’β€’β€’β€’Aditya Pratap Singh, Aditya Pratap Singh
Jun 2012$500,648Seed$‒‒‒‒‒–
Valuation history
DateValuationStage
Mar 2020$2.06Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$7.83Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $2.06M (Mar 2020). 5 investors in total: 2 institutional and 3 angel.

Investors in BookMyForex

BookMyForex has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Tripmoney, Faering Capital and Aditya Pratap Singh.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm managing investments in Indian sectors.
2009faeringcapital.comMumbai, India

Aditya Pratap Singh

unknown_0c36a714da8743bf9

Aditya Pratap Singh

unknown_45f27aa1b60f43e7a

Nitin Motwani

Co-founder of BookMyForex, active angel investor in Indian startups
unknown_4d47e07542224aa3a
Online marketplace for travel loans
2014tripmoney.comGurugram, India
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Investor details for BookMyForex

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Board of directors of Book My Forex Private Limited (BookMyForex)

Book My Forex Private Limited is the primary company behind BookMyForex. The board of Book My Forex Private Limited currently have 4 directors; the longest-serving is Aditya Deepak Parekh, appointed in 2022. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aditya Deepak Parekh
DIN 02848538
Director08 Apr 20224 yrs 7 moBook My Forex Private Limited
Adhiraj Singh
DIN 10404759
Director29 Jan 20242 yrs 9 moBook My Forex Private Limited
Anurag Sharma
DIN 10330745
Additional Director09 Jul 20251 yr 4 moBook My Forex Private Limited
Abhishek Logani
DIN 10214730
Additional Director29 Sep 20251 yr 1 moBook My Forex Private Limited

People of BookMyForex

13 people are tracked at BookMyForex (8 in leadership, 5 in team); the tracked headcount is 146.

NameRoleGroup
DirectorLeadership
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
DirectorLeadership
Harish Lekhi
Head of SalesLeadership
Sachin Arora
Head Of EngineeringLeadership
Sudhir Joshi
Regional HeadLeadership
Gagan Malhotra
Chief Operating OfficerLeadership
Shubham Sharma
Network Security EngineerTeam
Kartikaya Joshi
Java Software DeveloperTeam
Sahil Sharma
Inside Sales ExecutiveTeam
Arhaan .
Sales ManagerTeam
Dhiraj Kumar
Software EngineerTeam
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Financials of BookMyForex

Figures of Book My Forex Private Limited, the primary company behind BookMyForex, for FY 2025. Revenue was ₹26.70 Cr (+30% year on year). Net loss was -₹7.02 Cr (-26% margin). EBITDA was -₹7.98 Cr (-30% margin). Revenue has grown at a compounded annual rate of +87% over three years and -40% over five years.

  • ₹26.70 CrRevenue · FY 2025 · +30% YoY
  • -₹7.02 CrNet loss · -26% margin
  • -₹7.98 CrEBITDA · -30% margin
  • ₹50.55 CrPaid-up capital
  • 146Employees (provident fund records)
  • +87%Revenue CAGR, 3 years
  • -40%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Book My Forex Private Limited are on its company page.

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Detailed financial statements for BookMyForex

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Timeline of BookMyForex

5 dated milestones of BookMyForex across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded BookMyForex is founded.
  2. Funding First funding round of $501K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $2.1M.
  5. Exit Acquired by Tripmoney.

Web traffic of BookMyForex

The website of BookMyForex (bookmyforex.com) receives about 743.2K visits a month and ranks #69,848 among all websites worldwide, #4,409 in Finance.

  • Monthly visits
    743.2K

    ▼ 1.7% vs previous month

  • Unique visitors
    420.1K

    per month

  • Global rank
    #69,848

    among all websites

  • Category rank
    #4,409

    Finance · Finance

Similar websites

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rbi.org.in
70%
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Bookmyforex

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Frequently Asked Questions about BookMyForex

BookMyForex was founded in 2011 and raised its 1st funding round 1 year after it was founded.

BookMyForex is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Sudarshan Motwani is the CEO of BookMyForex, as recorded in our data. They have also founded this company.

BookMyForex is a funded company, having raised a total of $5.59M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500.65K, raised on Jun 2012.

BookMyForex has 146 employees.

The primary company behind BookMyForex, Book My Forex Private Limited, reported revenue of β‚Ή26.70 Cr for FY 2025, up 30% year on year.

BookMyForex was founded in 2011 and is headquartered in Gurugram, India. An e-commerce platform is operated to simplify foreign exchange transactions, including currency notes, prepaid travel cards, travelers cheques, demand drafts, and wire transfers. Partnerships with banks and exchange firms are maintained to meet customer forex needs across the country. The marketplace model is utilized for buying and selling currencies.

BookMyForex has 5 investors. Key investors include Tripmoney, Faering Capital, Aditya Pratap Singh, Aditya Pratap Singh, and Nitin Motwani.

The valuation of BookMyForex is $2.06M as of Mar 2020.

BookMyForex operates through Book My Forex Private Limited.

Yes. BookMyForex was acquired by Tripmoney in April 2022.

The legal entities of BookMyForex currently have 5 directors, including Anurag Sharma, Adhiraj Singh, Aditya Deepak Parekh and others.

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