About Glomopay
Glomopay is a Financial Services company based in Bengaluru (India) founded in 2024 by Akash Arun and Sahil Kharb. A fintech company that provides a financial infrastructure for global businesses, enabling cross-border payments, collection, and disbursement of funds. Glomopay has raised $4.17 million across 2 funding rounds from investors including Raise Holding, 3one4 Capital and QED Innovation. The company has 11 employees. Glomopay was last valued at $22.53 million in July 2024. Its chief executive, as recorded, is Akash Arun. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity in India is Glomo Payments Ifsc Private Limited (U66190GJ2024PTC155981). Its competitors include Skydo, XFlow and PayGlocal; 3 of its 3 listed competitors have raised funding.
Company details
Glomopay was founded in 2024 in Bengaluru, India, as a fintech company. Financial infrastructure is provided for global businesses, with a focus on cross-border payments, fund collection, and disbursement. The platform supports money movement across borders through integrated solutions. Operations are centered in the fintech sector, serving international clients with reliable payment processing tools.
- Headquarters Bengaluru, India
- Employees 11
- Founders Akash Arun, Sahil Kharb
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website glomopay.com
- Social LinkedIn
- Legal Name Glomo Payments Ifsc Private Limited
- Date of Incorporation 23 Oct, 2024
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue$3.36 K (USD)as on Mar 31, 2024
- Net Profit-$23.36 K (USD)as on Mar 31, 2024
- EBITDA-$26.25 K (USD)as on Mar 31, 2024
- Total Equity Funding$4.17M (USD)
in 2 rounds
- Latest Funding Round$920.04K (USD), Seed
Jul 2024
- InvestorsRaise Holding
& 12 more
- Employee Count11
Associated legal entities of Glomopay
Glomopay is associated with 2 registered companies on The Company Check; the primary company is Glomo Payments Ifsc Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Glomo Payments Ifsc Private Limited CIN U66190GJ2024PTC155981 | Active | 23 Oct 2024 | Gandhinagar, Gujarat | 2 | View details | ||
| Glomopay Software Private Limited CIN U62013KA2024PTC184869 | Active | 15 Feb 2024 | Bangalore, Karnataka | ₹0.0 Cr | 14 | 2 | View details |
Funding Insights of Glomopay
Glomopay has successfully raised a total of $4.17M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $920.04 thousand completed in July 2024. 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 $4.17M
- Total Rounds 2
- Last Round Seed — $920,038
- First Round $3.25M
(Mar 2024)
- Investors Count 13
All 2 funding rounds of Glomopay 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 |
|---|---|---|---|---|---|
| Jul 2024 | $920,038 | Seed | $22.53M | – | |
| Mar 2024 | $3.25M | Seed | $19.38M | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $22.53M | •••••••• |
| Mar 2024 | $19.38M | •••••••• |
Last known valuation $22.53M (Jul 2024). 13 investors in total: 4 institutional and 9 angel.
Investors in Glomopay
Glomopay has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Raise Holding, 3one4 Capital and QED Innovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and growth credit are provided to technology companies. | january.capital | Singapore, Singapore | ||
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Technology-led financial products and infrastructure services are provided for consumers. | 2021 | raiseholding.co | Mumbai, India | |
Innovative activities are conducted by QED Innovation in India. | qed-innovations.com | India | ||
AT Amitabh Tewaryss | unknown_f948def798a644b49 | |||
PP Pratyush Prasanna | Angel investor, ex-Goibibo and PhonePe, focused on early-stage startups | unknown_bfe4afb02ecd43879 | ||
SN Sanket Nayak | unknown_312d42992f514706a | |||
SR Sudhanshu Raheja | unknown_0c78ddb7c26f4fe69 | |||
RH Rajat Harlalka | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_de4fec2933ea48bb9 | ||
VJ Vaibhav Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_d402363943a2432d8 |
Investor details for Glomopay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Glomo Payments Ifsc Private Limited (Glomopay)
Glomo Payments Ifsc Private Limited is the primary company behind Glomopay. The boards of the 2 registered companies of Glomopay currently have 2 directors; the longest-serving is Sahil Kharb, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sahil Kharb DIN 10509050 | Director | 23 Oct 2024 | 2 yrs | Glomo Payments Ifsc Private Limited, Glomopay Software Private Limited |
| Akash Arun DIN 07223867 | Director | 23 Oct 2024 | 2 yrs | Glomo Payments Ifsc Private Limited, Glomopay Software Private Limited |
People of Glomopay
9 people are tracked at Glomopay (3 in leadership, 6 in team); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Anand Chandramouli | Head Of Partnerships & Business | Leadership |
Paridhi Yadav | Founding Engineer | Team |
Manasi Manohar | Legal Counsel | Team |
Shreyas K | Founding Team | Team |
Sidharth Suresh | Founding Team | Team |
Mohammed Amin | Product Engineer | Team |
Wazir Mhd | Finance & Operations Lead | Team |
Complete people profiles for Glomopay
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.
Timeline of Glomopay
4 dated milestones of Glomopay, from founding to its latest funding, stage changes and deals.
- Founded Glomopay is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $920K.
Competitors of Glomopay
Glomopay has 3 listed competitors in our database, 3 of them funded. They include Skydo, XFlow and PayGlocal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| skydo.com | 2022 | Bengaluru, India | $10M | 77 | International payments are enabled for businesses through a digital platform. | |
| xflowpay.com | 2021 | Bengaluru, India | $16.2M | 48 | Cross-border payment solutions are provided for businesses. | |
| payglocal.in | 2021 | Bengaluru, India | $16.9M | 97 | Multi-currency accounts and payment solutions are offered for global businesses. |
Detailed competitors of Glomopay
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.
Web traffic of Glomopay
The website of Glomopay (glomopay.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 28.7% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Glomopay (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about Glomopay
Glomopay was founded in 2024.
Glomopay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Akash Arun is the CEO of Glomopay, as recorded in our data. They have also founded this company.
Glomopay is a funded company, having raised a total of $4.17M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.25M, raised on Mar 2024.
Glomopay has 11 employees.
Annual revenue of Glomopay is $3.36K as on Mar 31, 2024.
Glomopay was founded in 2024 in Bengaluru, India, as a fintech company. Financial infrastructure is provided for global businesses, with a focus on cross-border payments, fund collection, and disbursement. The platform supports money movement across borders through integrated solutions. Operations are centered in the fintech sector, serving international clients with reliable payment processing tools.
Glomopay has 13 investors. Key investors include Raise Holding, 3one4 Capital, QED Innovation, January Capital, and Amitabh Tewaryss.
The valuation of Glomopay is $22.53M as of Jul 2024.
Glomopay is associated with 2 legal entities: Glomo Payments Ifsc Private Limited, Glomopay Software Private Limited.
The legal entities of Glomopay currently have 2 directors, including Sahil Kharb, Akash Arun.