About MRL Posnet
MRL Posnet is a company based in Chennai (India) founded in 2008 by Rajesh Kothapalli and Ravi Kumar Kothapalli was acquired by Worldline Global in October 2017. The company has 141 employees as of April 04, 2024. MRL Posnet operates in a competitive market with competitors including REPAY, Infibeam Avenues, Clearhaus, Mylapay and DataMesh Group, among others.
- Headquarter Chennai, India
- Employees 141 as on 04 Apr, 2024
- Founders Rajesh Kothapalli, Ravi Kumar Kothapalli
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name M.R.L Posnet Private Limited
- Date of Incorporation 09 Apr, 2008
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$14.2 M (USD)-22.12as on Mar 31, 2020
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Net Profit
$2.3 M (USD)-36.54as on Mar 31, 2020
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EBITDA
$4.94 M (USD)-47.56as on Mar 31, 2020
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Latest Funding Round
Not available
- Investors
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Employee Count
141
as on Apr 04, 2024
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Acquired by
Worldline Global
(Oct 03, 2017)
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Funding Insights of MRL Posnet
Detailed funding history for MRL Posnet
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Investors in MRL Posnet
MRL Posnet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Worldline Global.
| Investor | Description | Founded Year | Domain | Location |
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Payment solutions for businesses are provided by Worldline Global.
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Investor details for MRL Posnet
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Investments & Acquisitions by MRL Posnet
Investment portfolio details for MRL Posnet
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Financial Statements - MRL Posnet
Detailed financials for MRL Posnet
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Mrl Posnet Comparisons
Peer comparison for MRL Posnet
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Competitors of MRL Posnet
MRL Posnet 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 REPAY, Infibeam Avenues, Clearhaus, Mylapay and DataMesh Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Merchant acquiring solutions are provided for businesses to process payments.
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Digital payment solutions and enterprise software platforms are provided.
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Merchant acquiring solutions are offered for payment processing needs.
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Provider of payment processing and risk management solutions
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Payment processing solutions are delivered to Australian merchants and retailers.
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Merchant acquirer payment processing solutions for businesses
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Detailed competitors of MRL Posnet
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Latest news on Mrl Posnet
Complete news archive for MRL Posnet
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Frequently Asked Questions about MRL Posnet
MRL Posnet was founded in 2008.
MRL Posnet is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
As of Apr 04, 2024, the latest employee count at MRL Posnet is 141.
Annual revenue of MRL Posnet is $14.2M as on Mar 31, 2020.
MRL Posnet was founded in 2008 in Chennai, India, and operates in the fintech sector focused on payment processing. Merchant acquiring solutions are provided, encompassing POS network management, mPoS gateway integration, data encryption, and transaction oversight. Additional services include MRL Analytica for transaction monitoring and MRL 360 as a platform for reconciliation and settlement, supporting operations primarily in India.
MRL Posnet's top competitors include REPAY, Infibeam Avenues and Clearhaus.
MRL Posnet has 1 investor. Key investors include Worldline Global.