About ForPay
Data last updated:
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
- SectorsFinancial Services
- EmailLocked
- Website forpay.in
- Legal Name Rechapi Private Limited
- Date of Incorporation 23 Jun, 2016
- Jurisdiction Hazaribag, Jharkhand, India
- Annual Revenue$7.66 M (USD)-28.81as on Mar 31, 2022
- Net Profit$28.86 K (USD)-16.9as on Mar 31, 2022
- EBITDA$44.78 K (USD)-24.72as on Mar 31, 2022
Associated legal entities of ForPay
ForPay operates through Rechapi 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 |
|---|---|---|---|---|---|---|
| Rechapi Private Limited Primary CIN U74999JH2016PTC008909 | Active | 23 Jun 2016 | Hazaribag, Jharkhand | ₹21.2 Cr | – | 2 |
Board of directors of Rechapi Private Limited (ForPay)
Rechapi Private Limited is the primary company behind ForPay. The board of Rechapi Private Limited currently have 2 directors; the longest-serving is Pawan Kumar, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pawan Kumar DIN 07535542 | Director | 23 Jun 2016 | 10 yrs 3 mo | Rechapi Private Limited |
| Rajdeep Kumar DIN 07535539 | Director | 23 Jun 2016 | 10 yrs 3 mo | Rechapi Private Limited |
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
Products & Services of ForPay
ForPay offers a comprehensive portfolio of products and services, including Mobile Recharge, DTH Recharge, and Bill Payment.
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.
Apps and channels of ForPay
ForPay publishes 1 mobile app with over 100K+ downloads.
Financials of ForPay
Figures of Rechapi Private Limited, the primary company behind ForPay, for FY 2025. Revenue was ₹21.15 Cr (-29% year on year). Net profit was ₹0.01 Cr (0% margin). EBITDA was ₹0.31 Cr (1% margin). Revenue has grown at a compounded annual rate of -31% over three years and -23% over five years.
- ₹21.15 CrRevenue · FY 2025 · -29% YoY
- ₹0.01 CrNet profit · 0% margin
- ₹0.31 CrEBITDA · 1% margin
- ₹0.01 CrPaid-up capital
- -31%Revenue CAGR, 3 years
- -23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rechapi Private Limited are on its company page.
Detailed financial statements for ForPay
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.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paymatrix.in | 2015 | Hyderabad, India | $618,681 | 28 | Rent payments and collections are streamlined via a SaaS platform. | |
| komparify.com | 2011 | Chennai, India | – | – | Provides a platform for comprehensive digital coupon solutions to enhance online shopping. | |
| egpayment.com | 2021 | Jaipur, India | – | – | Digital platform for mobile recharges, bill payments, and gold investments services. | |
| payrup.com | 2017 | Bengaluru, India | – | 49 | Digital wallet for mobile recharges, utility payments, and travel services. | |
| paulpay.in | 2017 | Chandigarh, India | – | 746 | Provides a mobile app for convenient mobile recharges and bill payments. | |
| autope.in | 2006 | Gurugram, India | – | – | Provides FinTech solutions for smart payments, microfinance, and transaction automation services. | |
| paytmpayments.com | 2009 | Noida, India | – | – | Offers payment gateways, links, and services for online transactions and business payments. | |
| moneyonmobile.store | 2006 | Mumbai, India | $574,332 | 24 | Mobile bill payment platform is offered for recharges and transactions. | |
| niflr.com | 2017 | Bengaluru, India | $680,357 | – | Omnichannel grocery retail is operated through self-checkout stores. | |
| innopay.in | 2023 | Bengaluru, India | – | 72 | Money transfers and bill payments are facilitated via mobile app. |
Detailed competitors of ForPay
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.
Latest news on Forpay
Complete news archive for ForPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ForPay
ForPay is headquartered in India.
Annual revenue of ForPay is $7.66M as on Mar 31, 2022.
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.
ForPay's top competitors include Paymatrix, Komparify and Paytm Payments.
ForPay offers Mobile Recharge, DTH Recharge, and Bill Payment.
ForPay operates through Rechapi Private Limited.
The legal entities of ForPay currently have 2 directors, including Pawan Kumar, Rajdeep Kumar.
Yes. ForPay publishes ForPay - Go Digital, with over 100,000 downloads.