About Kundra Forex
Kundra Forex is a company based in Hoshiarpur (India) founded in 2004. It operates as a B2C. Kundra Forex operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others.
- Headquarter Hoshiarpur, India
- SectorsFinancial Services
- Website kundraforex.com
- Legal Name Kundra Forex Private Limited
- Date of Incorporation 07 Apr, 2004
- Jurisdiction Punjab, India
- Annual Revenue₹3.87 Cr
FY 2025 · -46% YoY
- Net Profit₹1.4 Lakh
FY 2025 · 0% margin
- EBITDA₹4.4 Lakh
FY 2025 · 1% margin
Associated legal entities of Kundra Forex
Kundra Forex operates through Kundra Forex 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 |
|---|---|---|---|---|---|---|---|
| Kundra Forex Private Limited CIN U67190PB2004PTC027002 | Active | 07 Apr 2004 | – | ₹3.9 Cr | – | 3 | View details |
Board of directors of Kundra Forex Private Limited (Kundra Forex)
Kundra Forex Private Limited is the primary company behind Kundra Forex. The board of Kundra Forex Private Limited currently have 3 directors; the longest-serving is Lalit Kundra, appointed in 2004. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Kundra DIN 00891200 | Managing Director | 07 Apr 2004 | 22 yrs 6 mo | Kundra Forex Private Limited |
| Rajeev Kundra DIN 01285099 | Director | 07 Apr 2004 | 22 yrs 6 mo | Kundra Forex Private Limited |
| Ankit Kundra DIN 10068158 | Additional Director | 12 Jun 2024 | 2 yrs 3 mo | Kundra Forex Private Limited |
Financials of Kundra Forex
Figures of Kundra Forex Private Limited, the primary company behind Kundra Forex, for FY 2025. Revenue was ₹3.87 Cr (-46% year on year). Net profit was ₹1.4 Lakh (0% margin). EBITDA was ₹4.4 Lakh (1% margin). Revenue has grown at a compounded annual rate of -26% over three years and -19% over five years.
- ₹3.87 CrRevenue · FY 2025 · -46% YoY
- ₹1.4 LakhNet profit · 0% margin
- ₹4.4 LakhEBITDA · 1% margin
- ₹47.9 LakhPaid-up capital
- -26%Revenue CAGR, 3 years
- -19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kundra Forex Private Limited are on its company page.
Detailed financial statements for Kundra Forex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Kundra Forex
Kundra Forex 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 Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wise.com | 2011 | Shoreditch, United Kingdom | $1.03B | 5,499 | Cross-border remittances are enabled for individuals and businesses via apps. | |
| transfergo.com | 2012 | London, United Kingdom | $109.2M | – | Cross-border remittances are enabled for consumers and businesses. | |
| remessaonline.com.br | 2016 | Sao Paulo, Brazil | $21.53M | – | International payments are enabled online for consumers and businesses. | |
| currencyfair.com | 2010 | Dublin, Ireland | $23.06M | – | Cross-border money transfers are enabled through CurrencyFair's platform. | |
| intermexonline.com | 1994 | Miami, United States | – | – | Cross-border remittances are enabled for individuals and businesses. | |
| 2c2p.com | 2003 | Singapore | $85M | – | Payment processing solutions for businesses | |
| westernunion.com | 1851 | Denver, United States | – | 196 | Provider of remittance services | |
| sentbe.com | 2015 | Seoul, South Korea | $1.66M | – | Cross-border remittance solution | |
| currenciesdirect.com | 1996 | London, United Kingdom | $184.28M | 108 | Cross-border remittances are enabled online for individuals and businesses. |
Detailed competitors of Kundra Forex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Similar companies to Kundra Forex
10 companies that operate in the same segment as Kundra Forex (Currency Exchange Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Foreign exchange services are provided to facilitate international money access. | 1976 | London, England, United Kingdom | – | – | – | |
Forex market settlement, processing, and data solutions are provided globally. | 1997 | London, England, United Kingdom | – | – | – | |
Currency management services are provided by Argentex globally. | 2011 | London, England, United Kingdom | – | USD 50.71 M | 86 | |
Provider of foreign exchange expertise and execution for middle market companies | 2002 | South Jordan, Utah, United States | – | – | 114 | |
Currency exchange services for clients are provided by CXI internationally. | 1998 | Lynnwood, Washington, United States | – | USD 72.32 M | 390 | |
Precious metal bullion, coins, and storage products are retailed online. | 2004 | – | USD 70 M | – | – | |
Functions as an online platform for buying and selling cryptocurrencies like Beam and Grin. | 2020 | Delhi, Delhi, India | – | – | – | |
Olympia Trust Company is engaged in providing trust and financial services to Canadian investors. | 1996 | Calgary, Alberta, Canada | – | – | – | |
Cross-border money transfers and currency exchange services are offered. | 1996 | Petaling Jaya, Selangor, Malaysia | – | USD 47.36 M | – | |
Provider of currency exchange services | 2003 | London, England, United Kingdom | – | – | – |
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Frequently Asked Questions about Kundra Forex
Kundra Forex was founded in 2004.
Kundra Forex is headquartered in Hoshiarpur, India. It is registered at Hoshiarpur, Punjab, India.
The primary company behind Kundra Forex, Kundra Forex Private Limited, reported revenue of ₹3.87 Cr for FY 2025, down 46% year on year.
Kundra Forex, based in Hoshiarpur, focuses on offering financial products and advice, foreign exchange, money transfer, and online services. Kundra Forex provides reliable online foreign exchange and money transfer services for individuals and businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Kundra Forex's top competitors include Wise, TransferGo and Remessa Online.
Kundra Forex operates through Kundra Forex Private Limited.
The legal entities of Kundra Forex currently have 3 directors, including Lalit Kundra, Rajeev Kundra, Ankit Kundra.