Centrumforex

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By Ebix
Foreign currency exchange and money transfer services are provided.
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About Centrumforex

Centrumforex is a company based in Mumbai (India) founded in 2015 was acquired by Ebix in April 2018.. The company has 42 employees as of April 06, 2024. Centrumforex operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and BookMyForex, among others.

  • Headquarter Mumbai, India
  • Employees 42 as on 06 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Centrum Capital Limited
  • Date of Incorporation 18 Nov, 1977
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $164.18 M (USD)
    94.06
    as on Mar 31, 2023
  • Net Profit
    $-22 M (USD)
    3.69
    as on Mar 31, 2023
  • EBITDA
    $52.94 M (USD)
    198.79
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    42

    as on Apr 06, 2024

  • Acquired by
    Ebix

    (Apr 02, 2018)

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Funding Insights of Centrumforex

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Centrumforex

Centrumforex has secured backing from 1 investor. Prominent investors backing the company include Ebix. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
SaaS-based software suite for insurance industry is provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Centrumforex

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Centrumforex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Centrumforex Comparisons

Employees
+
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Competitors of Centrumforex

Centrumforex 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 Wise, TransferGo, Remessa Online, CurrencyFair and BookMyForex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cross-border remittances are enabled for individuals and businesses via apps.
domain founded_year HQ Location
Cross-border remittances are enabled for consumers and businesses.
domain founded_year HQ Location
International payments are enabled online for consumers and businesses.
domain founded_year HQ Location
Cross-border money transfers are enabled through CurrencyFair's platform.
domain founded_year HQ Location
Online foreign exchange and remittance services are facilitated in India.
domain founded_year HQ Location
Cross-border remittances are enabled for individuals and businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Centrumforex

Frequently Asked Questions about Centrumforex

When was Centrumforex founded?

Centrumforex was founded in 2015.

Where is Centrumforex located?

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

How many employees does Centrumforex have?

As of Apr 06, 2024, the latest employee count at Centrumforex is 42.

What is the annual revenue of Centrumforex?

Annual revenue of Centrumforex is $164.18M as on Mar 31, 2023.

What does Centrumforex do?

Centrumforex was founded in 2015 in Mumbai, India, and operates within the financial services sector focused on foreign exchange. Currency buying and selling are facilitated, alongside cross-border money transfers. Prepaid forex cards and travel insurance products are offered to users. Forex rates can be locked for 24 hours through a 2 transaction fee. Services are accessible via the domain centrumforex.com.

Who are the top competitors of Centrumforex?

Centrumforex's top competitors include Wise, TransferGo and Remessa Online.

Who are Centrumforex's investors?

Centrumforex has 1 investor. Key investors include Ebix.

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