About Propay Partners
Propay Partners is a company based in Petaling Jaya (Malaysia) founded in 2001 by Raj Kumar Paramanathan and Manish Mehta was acquired by Activpayroll in December 2022.. Propay Partners offers products and services including Global Payroll, activ8 Platform, Global HR Services, and Global Mobility. Propay Partners operates in a competitive market with competitors including ADP, UKG, Bullhorn, Randstad and Insperity, among others.
- Headquarter Petaling Jaya, Malaysia
- Founders Raj Kumar Paramanathan, Manish Mehta
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Sectors
Business 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 Activpayroll Ltd.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Activpayroll
(Dec 19, 2022)
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Products & Services of Propay Partners
Propay Partners offers a comprehensive portfolio of products and services, including Global Payroll, activ8 Platform, Global HR Services, and Global Mobility. 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.
Manages payroll compliance and processing in over 150 countries
Integrates with HR systems for seamless payroll and data management
Provides compliance and benefits management for international businesses
Handles employment permits and talent relocation services globally
Funding Insights of Propay Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Propay Partners
Propay Partners has secured backing from 1 investor. Prominent investors backing the company include Activpayroll. 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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Payroll management software is provided for processing and reporting activities.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Propay Partners
| 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 - Propay Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Propay Partners Comparisons
Competitors of Propay Partners
Propay Partners 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 ADP, UKG, Bullhorn, Randstad and Insperity, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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Provider of HR and payroll & workforce management solutions
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Cloud-based ATS and CRM systems are offered for staffing agencies.
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HR consulting, recruitment, and outsourcing services are offered worldwide.
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HR outsourcing services are provided to businesses by Insperity.
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HR management services are provided by Wanted in South Korea.
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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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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.
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Latest news on Propay Partners
Frequently Asked Questions about Propay Partners
When was Propay Partners founded?
Propay Partners was founded in 2001.
Where is Propay Partners located?
Propay Partners is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
What does Propay Partners do?
Propay Partners was founded in 2001 by co-founders Raj Kumar Paramanathan and Manish Mehta in Petaling Jaya, Malaysia. Services in payroll management, HR solutions, and tax advisory are delivered to support business operations. The company functions within the human resources and financial services sector, emphasizing compliance and administrative efficiency for clients across the region. Focus is placed on practical advisory for taxation and workforce management needs.
Who are the top competitors of Propay Partners?
Propay Partners's top competitors include Randstad, Alera Group and UKG.
What products or services does Propay Partners offer?
Propay Partners offers Global Payroll, activ8 Platform, Global HR Services, and Global Mobility.
Who are Propay Partners's investors?
Propay Partners has 1 investor. Key investors include Activpayroll.