Payrup

Bengaluru, India Founded: 2017 • Age: 9 yrs
Digital wallet for mobile recharges, utility payments, and travel services.
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About Payrup

Payrup is a company based in Bengaluru (India) founded in 2017 by Vishal Nair and Suresh Kumar Kuttappan. It operates as a B2C, and D2C. The company has 43 employees as of March 31, 2023. Payrup offers products and services including Mobile Recharge, Bill Payments, DTH Recharge, Travel Bookings, and eGift Cards. Payrup operates in a competitive market with competitors including Paymatrix, Komparify, EG Payment, Paulpay and AutoPe Payment Solutions, among others.

  • Headquarter Bengaluru, India
  • Employees 43 as on 31 Mar, 2023
  • Founders Vishal Nair, Suresh Kumar Kuttappan
  • Sectors
    Financial Services
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bpsplus Private Limited
  • Date of Incorporation 28 Apr, 2017
  • Jurisdiction Muthukulam, Kerala, India
Operational Areas
Financial Services → FinTech & Digital Finance
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
    $25.89 K (USD)
    960.68
    as on Mar 31, 2023
  • Net Profit
    $-93.94 K (USD)
    -1375.11
    as on Mar 31, 2023
  • EBITDA
    $-93.94 K (USD)
    -1375.11
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    43

    as on Mar 31, 2023

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Products & Services of Payrup

Payrup offers a comprehensive portfolio of products and services, including Mobile Recharge, Bill Payments, DTH Recharge, Travel Bookings, and eGift Cards. 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.

Primary

Service for quick mobile phone recharges and top-ups.

Platform for paying electricity, water, and other household bills.

Tool for recharging digital TV services efficiently.

System for reserving flights, hotels, and buses online.

Service for purchasing and sending electronic gift cards.

Funding Insights of Payrup

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Payrup

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Payrup

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Payrup Comparisons

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Competitors of Payrup

Payrup 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 Paymatrix, Komparify, EG Payment, Paulpay and AutoPe Payment Solutions, 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.

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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Payrup

PayRup, India's Fastest Payment app is launched
Torontosuntimes3 years ago

Frequently Asked Questions about Payrup

When was Payrup founded?

Payrup was founded in 2017.

Where is Payrup located?

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

How many employees does Payrup have?

As of Mar 31, 2023, the latest employee count at Payrup is 43.

What is the annual revenue of Payrup?

Annual revenue of Payrup is $25.89K as on Mar 31, 2023.

What does Payrup do?

payRup operates as a digital payment platform that enables users to handle mobile recharges, DTH services, utility bill payments, and travel bookings through a secure app or website. It focuses on providing quick and safe transactions for everyday needs, serving individuals in India with features like wallet management and eGift cards. The platform emphasizes user-friendly interfaces and 247 support to facilitate hassle-free digital payments.

Who are the top competitors of Payrup?

Payrup's top competitors include Paymatrix, Komparify and Paytm Payments.

What products or services does Payrup offer?

Payrup offers Mobile Recharge, Bill Payments, DTH Recharge, Travel Bookings, and eGift Cards.

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