About PayGlocal
PayGlocal is a Financial Services company based in Bengaluru (India) founded in 2021 by Yogesh Lokhande, Rohit Sukhija, and Prachi Dharani. Multi-currency accounts and payment solutions are offered for global businesses. PayGlocal has raised $16.9 million across 2 funding rounds from investors including Peak XV Partners, QED Innovation and Tiger Global. The company has 83 employees. PayGlocal was last valued at $110.47 million in June 2022. Its chief executive, as recorded, is Prachi Dharani. Its website payglocal.in draws about 84 thousand monthly visits. Its Indian entity Payglocal Technologies Private Limited reported revenue of ₹31.70 Cr. PayGlocal offers products and services including Multi-currency Accounts, Global Payment Gateway, and API Documentation. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Skydo, XFlow and Salt; 3 of its 3 listed competitors have raised funding.
Company details
PayGlocal was established in 2021 in Bengaluru, India, within the fintech sector focused on cross-border payments. Multi-currency accounts are provided alongside tools for payment collection, method integration, and compliance oversight. Services target freelancers, goods exporters, and service exporters operating internationally. Checkout processes, alternative payment options, recurring billing, and card transactions are supported. Security features encompass browser encryption, robust authentication protocols, and data safeguarding measures.
- Headquarters Bengaluru, India
- Employees 83
- Founders Yogesh Lokhande, Rohit Sukhija, Prachi Dharani
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website payglocal.in
- Social LinkedIn X Facebook
- Legal Name Payglocal Technologies Private Limited
- Date of Incorporation 18 Mar, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹31.70 Cr
FY 2025 · +72% YoY
- Net Loss-₹13.97 Cr
FY 2025 · -44% margin
- EBITDA-₹8.68 Cr
FY 2025 · -27% margin
- Total Equity Funding$16.9M (USD)
in 2 rounds
- Latest Funding Round$12M (USD), Series B
Jun 2022
- InvestorsPeak XV Partners
& 25 more
- Employee Count83
Associated legal entities of PayGlocal
PayGlocal operates through Payglocal Technologies 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 |
|---|---|---|---|---|---|---|---|
| Payglocal Technologies Private Limited CIN U72200KA2021PTC145531 | Active | 18 Mar 2021 | Bengaluru, Karnataka | ₹31.7 Cr | 83 | 3 | View details |
Products & Services of PayGlocal
PayGlocal offers a comprehensive portfolio of products and services, including Multi-currency Accounts, Global Payment Gateway, and API Documentation.
Enables collection of payments in various currencies worldwide
Facilitates international transactions with fraud detection and high success rates
Provides APIs for seamless payment integration into business systems
Funding Insights of PayGlocal
PayGlocal has successfully raised a total of $16.9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in June 2022. 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 $16.9M
- Total Rounds 2
- Last Round Series B — $12M
- First Round $4.9M
(Apr 2021)
- Investors Count 26
All 2 funding rounds of PayGlocal 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 |
|---|---|---|---|---|---|
| Jun 2022 | $12M | Series B | $110.47M | Tiger Global Management, Sequoia Capital | |
| Apr 2021 | $4.9M | Series A | $16.78M | Jitendra Gupta, Peak XV Partners |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $110.47M | •••••••• |
| Apr 2021 | $16.78M | •••••••• |
Last known valuation $110.47M (Jun 2022). 26 investors in total: 6 institutional and 20 angel.
Investors in PayGlocal
PayGlocal has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Peak XV Partners, QED Innovation and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital funding is provided to innovative startups in India. | qedinnovationlabs.tcc.mode | Mumbai, India | ||
Innovative activities are conducted by QED Innovation in India. | qed-innovations.com | India | ||
AR Amrish Rau | CEO of Pine Labs, fintech leader, active angel investor | unknown_142c659171534095a | ||
SR Sweta Rau | Angel investor, founder of White Ventures, focused on early-stage startups | unknown_2cb51a971fcb4bfeb | ||
JG Jitendra Gupta | Founder of Jupiter, ex-Citrus Pay, prominent fintech angel investor | unknown_d6d5fbe5b4bc488da | ||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_d1de7ca32a254ddda |
Investor details for PayGlocal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Payglocal Technologies Private Limited (PayGlocal)
Payglocal Technologies Private Limited is the primary company behind PayGlocal. The board of Payglocal Technologies Private Limited currently have 3 directors; the longest-serving is Rohit Sukhija, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Sukhija DIN 09113218 | Director | 18 Mar 2021 | 5 yrs 7 mo | Payglocal Technologies Private Limited |
| Yogesh Manohar Lokhande DIN 09113219 | Director | 18 Mar 2021 | 5 yrs 7 mo | Payglocal Technologies Private Limited |
| Prachi Narendra Dharani DIN 09113217 | Director | 18 Mar 2021 | 5 yrs 7 mo | Payglocal Technologies Private Limited |
People of PayGlocal
22 people are tracked at PayGlocal (10 in leadership, 12 in team); the tracked headcount is 83.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CPO | Leadership | |
| Co-Founder & CEO | Leadership | |
Rishabh . | Founder's Office | Leadership |
Mohit A. | Senior Director Of Engineering | Leadership |
Sheena Kaushik | VP & Head Of Sales - Merchant & Strategic Partnerships | Leadership |
Kunal Somaiya | Associate Director - Partnerships | Leadership |
Satyveer Singh | Senior Director, Sales Enablement | Leadership |
Mukesh Kumar Singh | Associate Director (aml & Risk) (principal Officer/mlro) | Leadership |
Ritu Verma | Head Of Compliance | Leadership |
Shashank Maharaj | Senior Manager | Team |
Adarsh Shukla | Manager - Multi Currency Account | Team |
Kaushik Bhayani | Manager | Team |
Kaveramma K U | Business Development Manager | Team |
Nihal Haneef | Engineering Manager | Team |
Anisha P. | Staff Engineer | Team |
Rahul Joshi | Staff Software Engineer | Team |
Siddhant Pandey | Software Engineer | Team |
Sachin Kumar | Sr Manager | Team |
Anant Jain | Senior Manager | Team |
2 more people are available in the full profile.
Complete people profiles for PayGlocal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PayGlocal
Figures of Payglocal Technologies Private Limited, the primary company behind PayGlocal, for FY 2025. Revenue was ₹31.70 Cr (+72% year on year). Net loss was -₹13.97 Cr (-44% margin). EBITDA was -₹8.68 Cr (-27% margin). Revenue has grown at a compounded annual rate of +87% over three years.
- ₹31.70 CrRevenue · FY 2025 · +72% YoY
- -₹13.97 CrNet loss · -44% margin
- -₹8.68 CrEBITDA · -27% margin
- ₹60.2 LakhPaid-up capital
- 83Employees (provident fund records)
- +87%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Payglocal Technologies Private Limited are on its company page.
Detailed financial statements for PayGlocal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PayGlocal
4 dated milestones of PayGlocal across 1 years, from founding to its latest funding, stage changes and deals.
- Founded PayGlocal is founded.
- Funding First funding round of $4.9M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $12.0M.
Competitors of PayGlocal
PayGlocal has 3 listed competitors in our database, 3 of them funded. They include Skydo, XFlow and Salt.
| 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. | |
| salt.pe | 2019 | Bengaluru, India | $625,000 | International payments solutions are provided for businesses. |
Detailed competitors of PayGlocal
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 PayGlocal
The website of PayGlocal (payglocal.in) receives about 83.9K visits a month.
- Monthly visits83.9K
▲ 30.2% vs previous month
Websites whose visitors overlap most with PayGlocal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
nex.io | nex.io | 100% | #1,714,690 | – | |
| conduitpay.com | 91% | 40.4K | #781,971 | View details | |
| embat.io | 91% | 50.4K | #665,490 | View details | |
payg.in | payg.in | 91% | #1,433,849 | – | |
| unlimit.com | 91% | #139,268 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 34 similar websites and full traffic analytics for PayGlocal
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 34 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 PayGlocal (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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Related news about Payglocal
Complete news archive for PayGlocal
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Frequently Asked Questions about PayGlocal
PayGlocal was founded in 2021.
PayGlocal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prachi Dharani is the CEO of PayGlocal, as recorded in our data. They have also founded this company.
PayGlocal is a funded company, having raised a total of $16.9M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.9M, raised on Apr 2021.
PayGlocal has 83 employees.
The primary company behind PayGlocal, Payglocal Technologies Private Limited, reported revenue of ₹31.70 Cr for FY 2025, up 72% year on year.
PayGlocal was established in 2021 in Bengaluru, India, within the fintech sector focused on cross-border payments. Multi-currency accounts are provided alongside tools for payment collection, method integration, and compliance oversight. Services target freelancers, goods exporters, and service exporters operating internationally. Checkout processes, alternative payment options, recurring billing, and card transactions are supported. Security features encompass browser encryption, robust authentication protocols, and data safeguarding measures.
PayGlocal offers Multi-currency Accounts, Global Payment Gateway, and API Documentation.
PayGlocal has 26 investors. Key investors include Peak XV Partners, QED Innovation, Tiger Global, Beenext, and Amrish Rau.
The valuation of PayGlocal is $110.47M as of Jun 2022.
PayGlocal operates through Payglocal Technologies Private Limited.