About RapiPay
RapiPay is a Financial Services company based in Delhi (India) founded in 2018 by Yogendra Singh Kashyap, and was acquired by Capital India in September 2019. Agent-based payment solutions for businesses are provided. It operates on a FinTech and SaaS (Software-as-a-Service) model. RapiPay has raised $24 million across 2 funding rounds from investors including ACME Group, DLF India and Capital India. RapiPay was last valued at $270.31 million in February 2022. Its chief executive, as recorded, is Nipun Jain. Its website rapipay.com draws about 784 thousand monthly visits. RapiPay offers products and services including Digital Bank Account, Loans, Investments, and Insurance. Its focus areas include Digital Banking and Banking-as-a-Service. Its legal entity in India is RapiPay Fintech Pvt. Ltd (U65990DL2019PTC345495). Its competitors include Niyo, Freo and Avail Finance; 3 of its 3 listed competitors have raised funding.
Company details
RapiPay Fintech Pvt. Ltd. is engaged in offering digital banking and financial services through a single app platform. Services such as bank accounts, loans, investments, and insurance are provided to consumers and businesses. Solutions for micro ATMs, domestic money transfers, and cash management are also included. The company operates in the financial technology sector, focusing on accessible and paperless financial solutions across India.
- Headquarters Delhi, India
- Founders Yogendra Singh Kashyap
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rapipay.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Capital India (Sep 2019)
- Legal Name Rapipay Fintech Pvt. Ltd.
- Date of Incorporation 05 Feb, 2019
- Jurisdiction New Delhi, Delhi, India
- Total Equity Funding$24M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series B
Feb 2022
- InvestorsACME Group
& 22 more
- Acquired byCapital India
(Sep 2019)
Associated legal entities of RapiPay
RapiPay is associated with 2 registered companies on The Company Check; the primary company is Rapipay Fintech Holding Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rapipay Fintech Holding Private Limited CIN U65990DL2019PTC345495 | Amalgamated | 05 Feb 2019 | New Delhi, Delhi | 4 | View details | ||
| Rapipay Fintech Private Limited CIN U72200DL2009PTC189149 | Active | 06 Apr 2009 | New Delhi, Delhi | ₹360 Cr | 848 | 9 | View details |
Products & Services of RapiPay
RapiPay offers a comprehensive portfolio of products and services, including Digital Bank Account, Loans, Investments, and Insurance.
Digital bank accounts are managed via a single app.
Loans for personal or business needs are provided quickly.
Investment options like FD and stocks are offered digitally.
Insurance for health and vehicles is provided seamlessly online.
Apps and channels of RapiPay
its YouTube channel RapiPay has 8.45K subscribers and 30 videos.
Videos from RapiPay
The most watched videos on RapiPay's YouTube channel, RapiPay (8.45K subscribers). Click a video to play it here.
More on RapiPay.
Funding Insights of RapiPay
RapiPay has successfully raised a total of $24M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in February 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 $24M
- Total Rounds 2
- Last Round Series B — $15M
- First Round $9M
(Aug 2020)
- Investors Count 22
All 2 funding rounds of RapiPay 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 |
|---|---|---|---|---|---|
| Feb 2022 | $15M | Series B | $270.31M | Varun Jaipuria, Rahul Gautam | |
| Aug 2020 | $9M | Series A | $69.55M | DLF India |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $270.31M | •••••••• |
| Aug 2020 | $69.55M | •••••••• |
Last known valuation $270.31M (Feb 2022). 23 investors in total: 16 institutional and 7 angel.
Investors in RapiPay
RapiPay has secured backing from 23 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include ACME Group, DLF India and Capital India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Single-family office and venture capital firm focused on startups | dlffamilyoffice.tcc.mode | Delhi, India | ||
Real estate development and services are provided across multiple sectors. | sidhantrealestatedevelopers.tcc.mode | Ahmedabad, India | ||
Multiple sectors are targeted by the private equity firm. | dschewingproducts.tcc.mode | Delhi, India | ||
Private equity investments in financial services, fintech, healthcare, and healthtech sectors in India. | 2002 | sabre-partners.com | Mumbai, India | |
Provider of property and real estate development services | 1947 | dlf.in | Gurugram, India | |
DS Group is recognized as a leading FMCG conglomerate in India. | dsgroup.com | Noida, India | ||
Property leasing, legal documentation, and certification services are provided. | rangoliresorts.tcc.mode | Mumbai, India | ||
Private equity firm focused on multiple sectors | dsspiceco.tcc.mode | Delhi, India | ||
| orginvestments.tcc.mode | ||||
Limited information available | sampkaryaservices.tcc.mode | Delhi, India |
Investor details for RapiPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rapipay Fintech Holding Private Limited (RapiPay)
Rapipay Fintech Holding Private Limited is the primary company behind RapiPay. The boards of the 2 registered companies of RapiPay currently have 9 directors; the longest-serving is Yogendra Singh Kashyap, appointed in 2010. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yogendra Singh Kashyap DIN 00755017 | Managing Director | 17 Jul 2010 | 16 yrs 3 mo | Rapipay Fintech Private Limited |
| Ankit Ghanshyam Lahoti DIN 06972570 | Director | 11 Mar 2019 | 7 yrs 7 mo | Rapipay Fintech Holding Private Limited |
| Deepak Vaswan DIN 07814811 | Whole-time director | 16 Aug 2019 | 7 yrs 2 mo | Rapipay Fintech Private Limited, Rapipay Fintech Holding Private Limited |
| Rachit Malhotra DIN 07402844 | Company Secretary | 21 Sep 2019 | 7 yrs 1 mo | Rapipay Fintech Holding Private Limited |
| Yogendra Pal Singh DIN 08347484 | Director | 06 Jan 2020 | 6 yrs 9 mo | Rapipay Fintech Private Limited |
| Vinod Somani DIN 00327231 | Director | 06 Jan 2020 | 6 yrs 9 mo | Rapipay Fintech Private Limited |
| Keshav Porwal DIN 06706341 | Director | 25 Jun 2021 | 5 yrs 4 mo | Rapipay Fintech Private Limited |
| Nipun Jain DIN 09493589 | CEO | 20 Aug 2021 | 5 yrs 2 mo | Rapipay Fintech Private Limited |
| Rashmi Fauzdar DIN 07599221 | Director | 25 Apr 2023 | 3 yrs 6 mo | Rapipay Fintech Private Limited |
People of RapiPay
76 people are tracked at RapiPay (27 in leadership, 49 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| CEO | Leadership | |
Sunil Singh | State Head | Leadership |
Sumit Choudhary | Chief Financial Officer | Leadership |
| Co–Founder & Managing Director | Leadership | |
Robin Scaria | Chief Human Resource Officer | Leadership |
Sachin Dewan | President & Business Head, Payments | Leadership |
Pushkar Sinha | Product Head, Neo Banking | Leadership |
Sandeep Rastogi | Business Head, Neo Banking | Leadership |
Anurag Yadu | Cluster Head | Leadership |
Sanjeev Rana | Vice President Human Resources | Leadership |
Vishal Sancheti | Head Of Financial Planning Analysis | Leadership |
Mahesh Khoba | Head Of Learning And Development | Leadership |
Rajiv Ranjan | Regional Sales Head | Leadership |
M.D. Munna Alam | Cluster Head | Leadership |
Prashant Raj | Cluster Head | Leadership |
Konreddy Haribayareddy | Cluster Head | Leadership |
Shadab Chiste | State Head UP West /uttrakhand | Leadership |
Shaju Joseph | Regional Head | Leadership |
Manmohan Dubey | National Sales Head | Leadership |
56 more people are available in the full profile.
Complete people profiles for RapiPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of RapiPay
5 dated milestones of RapiPay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded RapiPay is founded.
- Exit Acquired by Capital India.
- Funding First funding round of $9.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $15.0M.
Competitors of RapiPay
RapiPay has 3 listed competitors in our database, 3 of them funded. They include Niyo, Freo and Avail Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goniyo.com | 2015 | Bengaluru, India | $179.35M | 410 | Online platform for wealth management | |
| freo.money | 2015 | Bengaluru, India | $46.31M | 177 | Digital banking services are offered to individual users. | |
| availfinance.in | 2017 | Bengaluru, India | $38.48M | 2 | Neobank for individuals |
Detailed competitors of RapiPay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of RapiPay
The website of RapiPay (rapipay.com) receives about 783.8K visits a month.
- Monthly visits783.8K
▼ 6.9% vs previous month
Websites whose visitors overlap most with RapiPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
agent.go.ooo | agent.go.ooo | 100% | #81,481 | – | |
| npci.org.in | 90% | 10.1M | #5,074 | View details | |
| soulpay.in | 88% | #146,438 | View details | ||
| udyamregistration.gov.in | 88% | #9,817 | View details | ||
| hdfcbank.com | 79% | 54.1M | #641 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for RapiPay
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Rapipay
Complete news archive for RapiPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about RapiPay
RapiPay was founded in 2018 and raised its 1st funding round 2 years after it was founded.
RapiPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Nipun Jain is the CEO of RapiPay, as recorded in our data.
RapiPay is a funded company, having raised a total of $24M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Aug 2020.
RapiPay Fintech Pvt. Ltd. is engaged in offering digital banking and financial services through a single app platform. Services such as bank accounts, loans, investments, and insurance are provided to consumers and businesses. Solutions for micro ATMs, domestic money transfers, and cash management are also included. The company operates in the financial technology sector, focusing on accessible and paperless financial solutions across India.
RapiPay's top competitors include Freo, Niyo and Avail Finance.
RapiPay offers Digital Bank Account, Loans, Investments, and Insurance.
RapiPay has 23 investors. Key investors include ACME Group, DLF India, Capital India, Dabur, and Sheela Group.
The valuation of RapiPay is $270.31M as of Feb 2022.
RapiPay is associated with 2 legal entities: Rapipay Fintech Holding Private Limited, Rapipay Fintech Private Limited.
Yes. RapiPay was acquired by Capital India in September 2019.
The legal entities of RapiPay currently have 10 directors, including Yogendra Singh Kashyap, Keshav Porwal, Sumit Choudhary and others.