Payworld

Gurugram, India Founded: 2006 • Age: 20 yrs Acquired By RNFI Services
Money transfer and bill payment solutions are enabled via agents.
Annual revenue $7.7M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Payworld

Payworld is a company based in Gurugram (India) founded in 2006 by Udairaj Khandelwal and Prasan Chand Jain was acquired by RNFI Services in April 2025. Payworld offers products and services including AEPS, Mobile Recharge, Bill Payments, Domestic Money Remittance, and DTH Recharge. Payworld operates in a competitive market with competitors including Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.

  • Headquarter Gurugram, India
  • Founders Udairaj Khandelwal, Prasan Chand Jain
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Payworld Digital Services Private Limited
  • Date of Incorporation 26 May, 2004
  • Jurisdiction Dlf Qe, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.65 M (USD)
    -11.07
    as on Mar 31, 2023
  • Net Profit
    -$1.28 M (USD)
    -528.14
    as on Mar 31, 2023
  • EBITDA
    -$1.71 M (USD)
    -4936.18
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    RNFI Services

    (Apr 11, 2025)

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Products & Services of Payworld

Payworld offers a comprehensive portfolio of products and services, including AEPS, Mobile Recharge, Bill Payments, Domestic Money Remittance, and DTH Recharge.

Product name locked
Category locked
Primary

Aadhaar-based system for secure banking transactions

Product name locked
Category locked
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Service for recharging mobile phones online

Product name locked
Category locked
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Platform for paying utility and other bills digitally

Product name locked
Category locked
Locked

System for transferring money domestically

Product name locked
Category locked
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Service for recharging DTH subscriptions easily

Funding Insights of Payworld

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Detailed funding history for Payworld

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  • Round names and dates
  • Funding amounts
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Investors in Payworld

Payworld has secured backing from 1 investor. Prominent investors backing the company include RNFI Services.

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Investor Description Founded Year Domain Location
Digital payment services including gateways, remittances, and recharges are provided.
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Investor details for Payworld

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Payworld

Investments
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Investment portfolio details for Payworld

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Financial Statements - Payworld

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Detailed financials for Payworld

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Payworld Comparisons

Payworld Primary company
Description
Money transfer and bill payment solutions are enabled via ag...
Location
Gurugram, India
Founded Year
2006
Annual Revenue
$7.65 M (USD)
Net Profit
-$1.28 M (USD)
EBITDA
-$1.71 M (USD)
Employees
Not available
Premium access

Peer comparison for Payworld

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Payworld

Payworld 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 Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.

Company Name Domain Founded year HQ Location Description
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Loans for consumers and SMEs are provided alongside financial services.
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Digital financial and retail services are provided via agent networks.
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Provider of financial technology solutions for inclusive lending
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Digital payment and banking service provider in rural areas
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Digital payment and banking services are facilitated via retail partnerships.
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Tech-enabled financial and e-commerce services are delivered via retail outlets.
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Detailed competitors of Payworld

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  • Domains and locations
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Latest news on Payworld

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Complete news archive for Payworld

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Frequently Asked Questions about Payworld

Payworld was founded in 2006.

Payworld is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Annual revenue of Payworld is $7.65M as on Mar 31, 2023.

Payworld was established in 2006 in Gurugram, India, within the financial services sector. Agent-based platforms are utilized by the company to facilitate money transfers and bill payments. Operations focus on accessible digital solutions for remittances and utility settlements across India. Key personnel include co-founders Udairaj Khandelwal and Prasan Chand Jain, with the latter holding DIN 00050081 and PAN AAUPP8830B. Services are tailored for widespread agent network integration.

Payworld's top competitors include Pay Point India, Spice Money and Kaleidofin.

Payworld offers AEPS, Mobile Recharge, Bill Payments, Domestic Money Remittance, and DTH Recharge.

Payworld has 1 investor. Key investors include RNFI Services.

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