LeRemitt

Bengaluru, India Founded: 2022 • Age: 4 yrs Minicorn
Provider of AI-powered solutions for cross-border trade

About LeRemitt

LeRemitt is a company based in Bengaluru (India) founded in 2022 by Sheetal Jain, Mahesh Kumar Barate, and Hari P Ambati. LeRemitt has raised $1.25 million across 1 funding round from investors including Axilor Ventures, Capital A and Ramkumar Govindarajan. LeRemitt offers products and services including LeRemitt, LeDoc, and LeFin. LeRemitt operates in a competitive market with competitors including Vayana, Skydo, PingPong, XFlow and InstaReM, among others.

  • Headquarter Bengaluru, India
  • Founders Sheetal Jain, Mahesh Kumar Barate, Hari P Ambati
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website leremitt.com
  • Social LinkedIn Facebook Instagram YouTube
  • Legal Name 6Point3 Technologies Private Limited
  • Date of Incorporation 18 Jan, 2022
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹37.2 Lakh

    FY 2025 · -6% YoY

  • Net Loss
    -₹3.40 Cr

    FY 2025 · -915% margin

  • EBITDA
    -₹2.94 Cr

    FY 2025 · -789% margin

  • Total Equity Funding
    $1.25M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.25M (USD), Seed

    Jul 2023

  • Investors

Products & Services of LeRemitt

LeRemitt offers a comprehensive portfolio of products and services, including LeRemitt, LeDoc, and LeFin.

LeRemitt
Payment Platform

Facilitates cross-border payments with transparency and efficiency.

LeDoc
Documentation Management

Manages trade documents and ensures compliance for exporters.

LeFin
Financial Solutions

Offers financing options to support global trade operations.

Apps and channels of LeRemitt

its YouTube channel LeRemitt has 34 subscribers and 7 videos.

LeRemitt
YouTube 34 subscribers 7 videos Autos & Vehicles
Open channel

Videos from LeRemitt

The most watched videos on LeRemitt's YouTube channel, LeRemitt (34 subscribers). Click a video to play it here.

Introducing LeDoc: The Future of Export Document Automation is Here! | LeRemitt
3.9K views
LeDoc: Simplify Export Documentation & Compliance Like Never Before!
2.3K views
LeRemitt Demo
1.4K views
Introducing LeDoc – A Document Management Platform To Empower Exporters | LeRemitt
101 views

More on LeRemitt.

Funding Insights of LeRemitt

LeRemitt has successfully raised a total of $1.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.25 million completed in July 2023. 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 $1.25M
  • Total Rounds 1
  • Last Round Seed β€” $1.25M
  • First Round $1.25M

    (Jul 2023)

  • Investors Count 4

All 1 funding rounds of LeRemitt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2023$1.25MSeed$6.06MAxilor Ventures
Valuation history
DateValuationStage
Jul 2023$6.06Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.06M (Jul 2023). 4 investors in total: 2 institutional and 2 angel.

Investors in LeRemitt

LeRemitt has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Axilor Ventures, Capital A and Ramkumar Govindarajan.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in early-stage startups in technology sectors.
2014axilor.comBengaluru, India
Venture capital funding is provided to Indian startups.
–capital-a.inBengaluru, India

Ramkumar Govindarajan

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
–unknown_e775a0303c87400db-

Sumit Agarwal

Founder of Wow! Momo, prominent angel investor in Indian startups
–unknown_aaa75db0616c42fea-
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Investor details for LeRemitt

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of 6Point3 Technologies Private Limited (LeRemitt)

6Point3 Technologies Private Limited is the primary company behind LeRemitt. The board of 6Point3 Technologies Private Limited currently have 2 directors; the longest-serving is Sheetal Jain, appointed in 2022. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sheetal Jain
DIN 09472047
Director18 Jan 20224 yrs 8 mo6Point3 Technologies Private Limited
Hari Prasad Reddy Ambati
DIN 10271793
Director08 Aug 20233 yrs 2 mo6Point3 Technologies Private Limited

People of LeRemitt

4 people are tracked at LeRemitt (3 in leadership, 1 in team).

NameRoleGroup
Co-Founder & CEOLeadership
Mahesh Kumar Barate
Co-FounderLeadership
Co-Founder & CTOLeadership
Bhargav M
Lead Software EngineerTeam
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Complete people profiles for LeRemitt

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Financials of LeRemitt

Figures of 6Point3 Technologies Private Limited, the primary company behind LeRemitt, for FY 2025. Revenue was ₹37.2 Lakh (-6% year on year). Net loss was -₹3.40 Cr (-915% margin). EBITDA was -₹2.94 Cr (-789% margin).

  • ₹37.2 LakhRevenue · FY 2025 · -6% YoY
  • -₹3.40 CrNet loss · -915% margin
  • -₹2.94 CrEBITDA · -789% margin
  • ₹1.3 LakhPaid-up capital
  • 19Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of 6Point3 Technologies Private Limited are on its company page.

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Detailed financial statements for LeRemitt

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of LeRemitt

3 dated milestones of LeRemitt across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded LeRemitt is founded.
  2. Funding First funding round of $1.2M.
  3. Milestone Reaches Minicorn status.

Competitors of LeRemitt

LeRemitt 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 Vayana, Skydo, PingPong, XFlow and InstaReM, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vayana.com2009Pune, India$91.94M–
Platform for trade credit and supply chain finance is provided.
skydo.com2022Bengaluru, India$10M77
International payments are enabled for businesses through a digital platform.
pingpongx.com2015New York, United States$124.37M–
Cross-border business payments are managed via an online platform.
xflowpay.com2021Bengaluru, India$16.2M48
Cross-border payment solutions are provided for businesses.
instarem.com2014Singapore$5M–
Cross-border money transfers are facilitated for individuals and businesses.
credable.in2017Mumbai, India$62M113
Provider of working capital and supply chain finance solutions for businesses
payglocal.in2021Bengaluru, India$16.9M97
Multi-currency accounts and payment solutions are offered for global businesses.
equiniti.com2002Lancing, United Kingdom––
Financial technology and payment processing solutions are provided by Equiniti.
salt.pe2019Bengaluru, India$625,000–
International payments solutions are provided for businesses.
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Detailed competitors of LeRemitt

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of LeRemitt

The website of LeRemitt (leremitt.com) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▼ 6.7% vs previous month

Latest news on Leremitt

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Complete news archive for LeRemitt

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Similar companies to LeRemitt

10 companies that operate in the same segment as LeRemitt (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B62,070
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 344.42 MUSD 135.47 M800
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B––
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Frequently Asked Questions about LeRemitt

LeRemitt was founded in 2022 and raised its 1st funding round 1 year after it was founded.

LeRemitt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sheetal Jain is the current CEO of LeRemitt. They have also founded this company.

LeRemitt is a funded company, having raised a total of $1.25M across 1 funding round to date. The company's 1st funding round was a Seed of $1.25M, raised on Jul 2023.

The primary company behind LeRemitt, 6Point3 Technologies Private Limited, reported revenue of β‚Ή37.2 Lakh for FY 2025, down 6% year on year.

Provider of AI-powered solutions for cross-border trade. This company offers a suite of products encompassing international payment processing, trade document management, and financial solutions. The platform streamlines transactions, automates compliance checks, and facilitates secure financing options for businesses engaged in global commerce. Its services aim to reduce manual processes, minimize errors, and improve efficiency for exporters and importers. The platform integrates various functionalities to create a unified system for managing all aspects of international trade.

LeRemitt's top competitors include CredAble, Vayana and Skydo.

LeRemitt offers LeRemitt, LeDoc, and LeFin.

LeRemitt has 4 investors. Key investors include Axilor Ventures, Capital A, Ramkumar Govindarajan, and Sumit Agarwal.

The valuation of LeRemitt is $6.06M as of Jul 2023.

LeRemitt operates through 6Point3 Technologies Private Limited.

The legal entities of LeRemitt currently have 2 directors, including Sheetal Jain, Hari Prasad Reddy Ambati.

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