About ForPay
ForPay is a company based in India. It operates as a B2C, and D2C. ForPay offers products and services including Mobile Recharge, DTH Recharge, and Bill Payment. ForPay operates in a competitive market with competitors including Paymatrix, Komparify, EG Payment, Payrup and Paulpay, among others.
- Headquarter India
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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- Legal Name Rechapi Private Limited
- Date of Incorporation 23 Jun, 2016
- Jurisdiction Hazaribag, Jharkhand, India
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Annual Revenue
$7.66 M (USD)-28.81as on Mar 31, 2022
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Net Profit
$28.86 K (USD)-16.9as on Mar 31, 2022
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EBITDA
$44.78 K (USD)-24.72as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of ForPay
ForPay offers a comprehensive portfolio of products and services, including Mobile Recharge, DTH Recharge, and Bill Payment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for recharging mobile phones quickly and securely.
Platform for recharging DTH services via app for instant access.
Service to pay bills like electricity and loans through secure online interface.
Funding Insights of ForPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by ForPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ForPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forpay Comparisons
Competitors of ForPay
ForPay 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 Paymatrix, Komparify, EG Payment, Payrup and Paulpay, 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 |
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Rent payments and collections are streamlined via a SaaS platform.
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Provides a platform for comprehensive digital coupon solutions to enhance online shopping.
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| domain | founded_year | HQ Location |
Digital platform for mobile recharges, bill payments, and gold investments services.
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| domain | founded_year | HQ Location |
Digital wallet for mobile recharges, utility payments, and travel services.
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| domain | founded_year | HQ Location |
Provides a mobile app for convenient mobile recharges and bill payments.
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| domain | founded_year | HQ Location |
Provides FinTech solutions for smart payments, microfinance, and transaction automation services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ForPay
Where is ForPay located?
ForPay is headquartered in India.
What is the annual revenue of ForPay?
Annual revenue of ForPay is $7.66M as on Mar 31, 2022.
What does ForPay do?
Rechapi Private Limited operates ForPay, a platform for mobile recharges, DTH recharges, and various bill payments including electricity and loans. Users access services via a mobile app for fast, secure transactions. The company serves consumers in India, focusing on convenient online payments with features like 100 secure processing and 247 support. Based in Delhi and Hazaribagh, it emphasizes user protection and easy returns.
Who are the top competitors of ForPay?
ForPay's top competitors include Paymatrix, Komparify and Paytm Payments.
What products or services does ForPay offer?
ForPay offers Mobile Recharge, DTH Recharge, and Bill Payment.