About Forenpay
Forenpay is a Financial Services company based in Gurugram (India) founded in 2023. It offers payment gateway solutions, integrations, and transaction services for merchants. It operates on a B2B and D2C model. Its Indian entity Kapwise Technologies Private Limited reported revenue of ₹7.7 Lakh. Forenpay offers products and services including Payment Gateway, Payment Links, Payouts, AePS, and Bill Payments. Its focus areas include FinTech, Payment Tech, Payment Gateways and Digital Payments. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Forenpay facilitates seamless digital payment services for entrepreneurs and businesses in India, handling transactions through gateways, payment links, and integrations. It supports various payment modes like credit cards, UPI, and wallets, while ensuring secure and efficient processing. Based in Gurugram, it serves merchants by streamlining onboarding, settlements, and customer support to enhance business operations and cash flow.
- Headquarters Gurugram, India
- SectorsFinancial Services
- Email••••••••
- Website forenpay.com
- Social LinkedIn
- Legal Name Kapwise Technologies Private Limited
- Date of Incorporation 20 May, 2019
- Jurisdiction Hisar, Haryana, India
- Annual Revenue₹7.7 Lakh
FY 2025 · -95% YoY
- Net Loss-₹5.8 Lakh
FY 2025 · -76% margin
- EBITDA-₹1.6 Lakh
FY 2025 · -21% margin
Associated legal entities of Forenpay
Forenpay operates through Kapwise Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kapwise Technologies Private Limited CIN U72900HR2019PTC080403 | Active | 20 May 2019 | Hisar, Haryana | ₹0.1 Cr | 2 | View details |
Products & Services of Forenpay
Forenpay offers a comprehensive portfolio of products and services, including Payment Gateway, Payment Links, Payouts, AePS, and Bill Payments.
Facilitates secure online payments for businesses via multiple modes.
Enables easy payment collection without a website for merchants.
Handles secure and efficient fund transfers to improve cash flow.
Allows Aadhaar-linked banking operations like withdrawals and balances.
Simplifies payment of utilities through a networked platform.
Board of directors of Kapwise Technologies Private Limited (Forenpay)
Kapwise Technologies Private Limited is the primary company behind Forenpay. The board of Kapwise Technologies Private Limited currently have 2 directors; the longest-serving is Aayush Aggarwal, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aayush Aggarwal DIN 08456609 | Director | 20 May 2019 | 7 yrs 5 mo | Kapwise Technologies Private Limited |
| Madhu Aggarwal DIN 08456610 | Director | 20 May 2019 | 7 yrs 5 mo | Kapwise Technologies Private Limited |
Financials of Forenpay
Figures of Kapwise Technologies Private Limited, the primary company behind Forenpay, for FY 2025. Revenue was ₹7.7 Lakh (-95% year on year). Net loss was -₹5.8 Lakh (-76% margin). EBITDA was -₹1.6 Lakh (-21% margin). Revenue has grown at a compounded annual rate of +1263% over three years.
- ₹7.7 LakhRevenue · FY 2025 · -95% YoY
- -₹5.8 LakhNet loss · -76% margin
- -₹1.6 LakhEBITDA · -21% margin
- ₹1 LakhPaid-up capital
- +1263%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Kapwise Technologies Private Limited are on its company page.
Detailed financial statements for Forenpay
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 Forenpay
Forenpay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of Forenpay
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 Travel Fintech
3 companies that operate in the same segment as Forenpay (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 8.79 | 74 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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 Forenpay
Forenpay was founded in 2023.
Forenpay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Forenpay, Kapwise Technologies Private Limited, reported revenue of ₹7.7 Lakh for FY 2025, down 95% year on year.
Forenpay facilitates seamless digital payment services for entrepreneurs and businesses in India, handling transactions through gateways, payment links, and integrations. It supports various payment modes like credit cards, UPI, and wallets, while ensuring secure and efficient processing. Based in Gurugram, it serves merchants by streamlining onboarding, settlements, and customer support to enhance business operations and cash flow.
Forenpay offers Payment Gateway, Payment Links, Payouts, AePS, and Bill Payments.
Forenpay operates through Kapwise Technologies Private Limited.
The legal entities of Forenpay currently have 2 directors, including Aayush Aggarwal, Madhu Aggarwal.