About Drona Pay
Drona Pay is a company based in Mumbai (India) founded in 2021 by Sukhdev Sinh Zala, Satish Kashyap, and Pallavi Narvekar. Drona Pay has raised $500 thousand across 1 funding round from investors including Credit Saison India, VCAPL and QED Innovation. The company has 1 employees as of April 06, 2024. Drona Pay offers products and services including Fraud & Scam Prevention, Behavioural Biometrics, Data Analytics Platform, Anti Money Laundering, and Claims Decisioning. Drona Pay operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Entrust, among others.
- Headquarter Mumbai, India
- Employees 1 as on 06 Apr, 2024
- Founders Sukhdev Sinh Zala, Satish Kashyap, Pallavi Narvekar
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Phone
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Website
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Social
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- Legal Name Drona Pay Private Limited
- Date of Incorporation 04 Aug, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$163.35 K (USD)11965.15as on Mar 31, 2023
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Net Profit
-$307.66 K (USD)-80.68as on Mar 31, 2023
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EBITDA
-$310.55 K (USD)-82.76as on Mar 31, 2023
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Nov 25, 2021
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Investors
Credit Saison India
& 9 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Drona Pay
Drona Pay offers a comprehensive portfolio of products and services, including Fraud & Scam Prevention, Behavioural Biometrics, Data Analytics Platform, Anti Money Laundering, and Claims Decisioning.
Monitors transactions to detect and prevent frauds in real-time.
Analyzes patterns to identify bots and remote access threats.
Integrates systems for customer profiles and early warning alerts.
Monitors typologies to assist in SAR and STR filing.
Facilitates automated adjudication and fraud prevention in claims.
People of Drona Pay
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Leadership Team
2 people
CDO Team
1 people
Software Development Team
1 people
Applications Team
1 people
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Funding Insights of Drona Pay
Drona Pay has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in November 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 Drona Pay
Drona Pay has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Credit Saison India, VCAPL and QED Innovation.
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Venture capital firm focused on pre-seed to series B stage companies
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Financial services including portfolio management, alternative investments, and offshore products for high net-worth individuals and institutions.
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Credit Saison India is engaged in providing diverse lending solutions.
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Investor details for Drona Pay
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Investments & Acquisitions by Drona Pay
Investment portfolio details for Drona Pay
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Financial Statements - Drona Pay
Detailed financials for Drona Pay
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Drona Pay Comparisons
Peer comparison for Drona Pay
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Competitors of Drona Pay
Drona Pay 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Entrust, among others.
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Provider of digital identity management solutions
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Provider of fraud prevention and payment validation for online retailers
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Detailed competitors of Drona Pay
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Latest news on Drona Pay
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Frequently Asked Questions about Drona Pay
Drona Pay was founded in 2021.
Drona Pay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Satish Kashyap is the current CEO of Drona Pay. They have also founded this company.
Drona Pay is a funded company, having raised a total of $500K across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Drona Pay is 1.
Annual revenue of Drona Pay is $163.35K as on Mar 31, 2023.
Drona Pay was established in 2021 in Mumbai, India, within the fintech sector. A cloud-based platform is operated to support financial institutions in countering fraud attempts. Machine learning models integrated with diverse data sets are applied to detect and mitigate risks in payment processing and lending activities. Operations focus on real-time fraud prevention across digital financial transactions.
Drona Pay's top competitors include ComplyAdvantage, Riskified and Quantexa.
Drona Pay offers Fraud & Scam Prevention, Behavioural Biometrics, Data Analytics Platform, Anti Money Laundering, and Claims Decisioning.
Drona Pay has 10 investors. Key investors include Credit Saison India, VCAPL, QED Innovation, Kunal Shah, and Jitendra Gupta.
The valuation of Drona Pay is $3.21M as of Nov 2021.