About PayGlocal
PayGlocal is a company based in Bengaluru (India) founded in 2021 by Yogesh Lokhande, Rohit Sukhija, and Prachi Dharani.. 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 as of August 10, 2025. PayGlocal offers products and services including Multi-currency Accounts, Global Payment Gateway, and API Documentation. PayGlocal operates in a competitive market with competitors including Skydo, PingPong, XFlow, InstaReM and Equiniti, among others.
- Headquarter Bengaluru, India
- Employees 83 as on 10 Aug, 2025
- Founders Yogesh Lokhande, Rohit Sukhija, Prachi Dharani
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Payglocal Technologies Private Limited
- Date of Incorporation 18 Mar, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$1.13 M (USD)93.93as on Mar 31, 2023
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Net Profit
$-771.02 K (USD)-125.24as on Mar 31, 2023
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EBITDA
$-1.18 M (USD)-302.42as on Mar 31, 2023
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Total Equity Funding
$16.9 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series B
Jun 04, 2022
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Investors
Peak XV Partners
& 25 more
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Employee Count
83
as on Aug 10, 2025
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Products & Services of PayGlocal
PayGlocal offers a comprehensive portfolio of products and services, including Multi-currency Accounts, Global Payment Gateway, and API Documentation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 Total Funding
- Total Rounds 2
- Last Round Series B — $12.0M
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First Round
First Round
(27 Apr 2021)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - PayGlocal | Valuation | Tiger Global Management , Sequoia Capital | |
| Apr, 2021 | Amount | Series A - PayGlocal | Valuation | Jitendra Gupta , Peak XV Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PayGlocal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PayGlocal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Payglocal Comparisons
Competitors of PayGlocal
PayGlocal 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 Skydo, PingPong, XFlow, InstaReM and Equiniti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
International payments are enabled for businesses through a digital platform.
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| domain | founded_year | HQ Location |
Cross-border business payments are managed via an online platform.
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| domain | founded_year | HQ Location |
Cross-border payment solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated for individuals and businesses.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payglocal
Frequently Asked Questions about PayGlocal
When was PayGlocal founded?
PayGlocal was founded in 2021.
Where is PayGlocal located?
PayGlocal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of PayGlocal?
Prachi Dharani is the current CEO of PayGlocal. They have also founded this company.
Is PayGlocal a funded 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 27, 2021.
How many employees does PayGlocal have?
As of Aug 10, 2025, the latest employee count at PayGlocal is 83.
What is the annual revenue of PayGlocal?
Annual revenue of PayGlocal is $1.13M as on Mar 31, 2023.
What does PayGlocal do?
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.
Who are the top competitors of PayGlocal?
What products or services does PayGlocal offer?
PayGlocal offers Multi-currency Accounts, Global Payment Gateway, and API Documentation.
Who are PayGlocal's investors?
PayGlocal has 26 investors. Key investors include Peak XV Partners, QED Innovation, Tiger Global, Beenext, and Amrish Rau.
What is PayGlocal's valuation?
The valuation of PayGlocal is $110.47M as of Jun 2022.
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