About DocBoyz
DocBoyz is a Financial Services company based in Pune (India) founded in 2018 by Raja Roy, Amulay Prakash, and Ashok Kumar. It operates as an an API-based solution for debt collection is provided. DocBoyz has raised $139.35 thousand across 1 funding round. The company has 4 employees. Its chief executive is Ashok Kumar. Its Indian entity Zapfin Teknologies Private Limited reported revenue of ₹3.80 Cr. Its focus areas include FinTech, Alternative Lending, Consumer Debt Management and Debt Repayment. Its competitors include NuovoPay, Moneytor, Collekto, CLXNS and Tilicho Labs and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
DocBoyz was founded in 2018 in Pune, India, as a provider of API-based solutions in the debt collection sector. Operations are centered on facilitating efficient recovery processes through integrated software tools. The company is led by co-founders Raja Roy, Amulay Prakash as CTO, and Ashok Kumar as CEO. Services are delivered via the domain docboyz.in, targeting financial institutions and businesses in India.
- Headquarters Pune, India
- Employees 4
- Founders Raja Roy, Amulay Prakash, Ashok Kumar
- SectorsFinancial Services
- Website docboyz.in
- Social LinkedIn X
- Legal Name Zapfin Teknologies Private Limited
- Date of Incorporation 09 Nov, 2018
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹3.80 Cr
FY 2024 · +17% YoY
- Net Profit₹8.2 Lakh
FY 2024 · 2% margin
- EBITDA₹48 Lakh
FY 2024 · 13% margin
- Total Equity Funding$139.35K (USD)
in 1 rounds
- Latest Funding Round$139.35K (USD), Seed
Apr 2019
- Employee Count4
Associated legal entities of DocBoyz
DocBoyz is associated with 3 registered companies on The Company Check; the primary company is Zapfin Teknologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zapfin Teknologies Private Limited CIN U43219PN2018PTC180125 | Active | 09 Nov 2018 | Pune, Maharashtra | ₹3.8 Cr | 4 | 2 | View details |
| Zapfin Teknologies Private Limited CIN U72900PN2018PTC180125 | – | 09 Nov 2018 | Pune, Maharashtra, India | – | – | – | View details |
| Novacred Private Limited CIN U65110PN2024PTC231227 | Active | 23 May 2024 | Pune, Maharashtra | – | – | 2 | View details |
Funding Insights of DocBoyz
DocBoyz has successfully raised a total of $139.35K through 1 strategic funding round. The most recent funding activity was a Seed round of $139.35 thousand completed in April 2019. 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 $139,353
- Total Rounds 1
- Last Round Seed — $139,353
- First Round $139,353
(Apr 2019)
All 1 funding rounds of DocBoyz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $139,353 | Seed | – | – | – |
Board of directors of Zapfin Teknologies Private Limited (DocBoyz)
Zapfin Teknologies Private Limited is the primary company behind DocBoyz. The boards of the 2 registered companies of DocBoyz currently have 4 directors; the longest-serving is Hina Kirti Doshi, appointed in 2024. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hina Kirti Doshi DIN 00042081 | Director | 18 Mar 2024 | 2 yrs 7 mo | Zapfin Teknologies Private Limited |
| Raja Roy DIN 10104809 | Director | 23 May 2024 | 2 yrs 4 mo | Novacred Private Limited |
| Ashok Kumar DIN 00517254 | Director | 23 May 2024 | 2 yrs 4 mo | Novacred Private Limited |
| Rakesh Kanaiyalal Shah DIN 05226708 | Director | 15 Nov 2024 | 1 yr 11 mo | Zapfin Teknologies Private Limited |
People of DocBoyz
4 people are tracked at DocBoyz (3 in leadership, 1 in team); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Rishabh Mundhra | Digital Marketing Executive | Team |
Complete people profiles for DocBoyz
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 DocBoyz
Figures of Zapfin Teknologies Private Limited, the primary company behind DocBoyz, for FY 2024. Revenue was ₹3.80 Cr (+17% year on year). Net profit was ₹8.2 Lakh (2% margin). EBITDA was ₹48 Lakh (13% margin). Revenue has grown at a compounded annual rate of +56% over three years and +203% over five years.
- ₹3.80 CrRevenue · FY 2024 · +17% YoY
- ₹8.2 LakhNet profit · 2% margin
- ₹48 LakhEBITDA · 13% margin
- ₹16.3 LakhPaid-up capital
- 4Employees (provident fund records)
- +56%Revenue CAGR, 3 years
- +203%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zapfin Teknologies Private Limited are on its company page.
Detailed financial statements for DocBoyz
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.
Timeline of DocBoyz
2 dated milestones of DocBoyz across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DocBoyz is founded.
- Funding First funding round of $139K.
Competitors of DocBoyz
DocBoyz has 9 listed competitors in our database, 5 of them funded. They include NuovoPay, Moneytor, Collekto, CLXNS and Tilicho Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nuovopay.com | 2019 | Pune, India | – | 242 | Platform for risk management in device financing, repayments, and default prevention. | |
| moneytor.in | 2017 | Mumbai, India | $954,021 | – | Platform offering debt collecting solution | |
| collekto.in | 2018 | Mumbai, India | $127,698 | 26 | Fintech company specializing in retail debt collections | |
| clxns.in | 2021 | Mumbai, India | – | 50 | An AI-based debt collection platform is provided for banks. | |
| tilicho.in | 2015 | Visakhapatnam, India | – | – | Offers web development, mobile apps, UI/UX design, and cloud solutions to clients. | |
| getrezolv.com | 2024 | Mumbai, India | $3.5M | 23 | Platform for debt collection and recovery management is developed. | |
| srs-advisory.co.in | 1996 | Kolkata, India | – | 82 | Offers debt recovery and management services to banks and NBFCs across India. | |
| greymattertech.in | 2018 | Mumbai, India | $408,019 | 11 | Provider of farm loans | |
| billcut.com | 2022 | Delhi, India | $121,771 | – | Customers' bills are reduced via seamless shifts to better deals. |
Detailed competitors of DocBoyz
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 Alternative Lending
10 companies that operate in the same segment as DocBoyz (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about DocBoyz
DocBoyz was founded in 2018 and raised its 1st funding round 1 year after it was founded.
DocBoyz is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ashok Kumar is the current CEO of DocBoyz. They have also founded this company.
DocBoyz is a funded company, having raised a total of $139.35K across 1 funding round to date. The company's 1st funding round was a Seed of $139.35K, raised on Apr 2019.
DocBoyz has 4 employees.
The primary company behind DocBoyz, Zapfin Teknologies Private Limited, reported revenue of ₹3.80 Cr for FY 2024, up 17% year on year.
DocBoyz was founded in 2018 in Pune, India, as a provider of API-based solutions in the debt collection sector. Operations are centered on facilitating efficient recovery processes through integrated software tools. The company is led by co-founders Raja Roy, Amulay Prakash as CTO, and Ashok Kumar as CEO. Services are delivered via the domain docboyz.in, targeting financial institutions and businesses in India.
DocBoyz is associated with 2 legal entities: Zapfin Teknologies Private Limited, Novacred Private Limited.
The legal entities of DocBoyz currently have 4 directors, including Hina Kirti Doshi, Rakesh Kanaiyalal Shah, Raja Roy and others.