About Letslaunch
Letslaunch is a Financial Services company based in India founded in 2018. It offers agent-based solutions for payment processing. It operates on a B2B model. Its Indian entity Appworks Technologies Private Limited reported revenue of ₹10.6 Lakh. Its focus areas include Payments, Payment Solutions and Agent-Based Systems. Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
Letslaunch, established in 2018, excels in offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based solutions for payment processing. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters India
- SectorsFinancial Services
- Website letslaunch.in
- Legal Name Appworks Technologies Private Limited
- Date of Incorporation 13 Feb, 2017
- Jurisdiction Kanpur, Uttar Pradesh, India
- Annual Revenue₹10.6 Lakh
FY 2024 · +264% YoY
- Net Loss-₹1.2 Lakh
FY 2024 · -12% margin
- EBITDA-₹62,310
FY 2024 · -6% margin
Associated legal entities of Letslaunch
Letslaunch operates through Appworks Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Appworks Technologies Private Limited CIN U93090UP2017PTC090367 | Active | 13 Feb 2017 | Kanpur, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Board of directors of Appworks Technologies Private Limited (Letslaunch)
Appworks Technologies Private Limited is the primary company behind Letslaunch. The board of Appworks Technologies Private Limited currently have 2 directors; the longest-serving is Vivek Jaiswal, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Jaiswal DIN 06411548 | Director | 13 Feb 2017 | 9 yrs 9 mo | Appworks Technologies Private Limited |
| Anktika Singh DIN 07599119 | Director | 13 Feb 2017 | 9 yrs 9 mo | Appworks Technologies Private Limited |
Financials of Letslaunch
Figures of Appworks Technologies Private Limited, the primary company behind Letslaunch, for FY 2024. Revenue was ₹10.6 Lakh (+264% year on year). Net loss was -₹1.2 Lakh (-12% margin). EBITDA was -₹62,310 (-6% margin). Revenue has grown at a compounded annual rate of -33% over three years and -29% over five years.
- ₹10.6 LakhRevenue · FY 2024 · +264% YoY
- -₹1.2 LakhNet loss · -12% margin
- -₹62,310EBITDA · -6% margin
- ₹1 LakhPaid-up capital
- -33%Revenue CAGR, 3 years
- -29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Appworks Technologies Private Limited are on its company page.
Detailed financial statements for Letslaunch
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 Letslaunch
Letslaunch has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of Letslaunch
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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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Letslaunch (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 Letslaunch
Letslaunch was founded in 2018.
Letslaunch is headquartered in India.
The primary company behind Letslaunch, Appworks Technologies Private Limited, reported revenue of ₹10.6 Lakh for FY 2024, up 264% year on year.
Letslaunch, established in 2018, excels in offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based solutions for payment processing. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Letslaunch's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
Letslaunch operates through Appworks Technologies Private Limited.
The legal entities of Letslaunch currently have 2 directors, including Vivek Jaiswal, Anktika Singh.