About Reeudo
Reeudo is a company based in Gurugram (India) founded in 2020 by Pawanjit Grewal. Reeudo has raised $722.87 thousand across 3 funding rounds from investors including India Accelerator, Fateh Education and Stigasoft. The company has 1 employees as of April 02, 2024. Reeudo operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others.
- Headquarter Gurugram, India
- Employees 1 as on 02 Apr, 2024
- Founders Pawanjit Grewal
- 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 Reeudo Forex Services Private Limited
- Date of Incorporation 05 Jun, 2020
- Jurisdiction Galleria Dlf-Iv, Haryana, India
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Annual Revenue
$22.64 K (USD)912.36as on Mar 31, 2023
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Net Profit
-$96.52 K (USD)-139219.91as on Mar 31, 2023
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EBITDA
-$123.35 K (USD)-6449.62as on Mar 31, 2023
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Total Equity Funding
$722.87 K (USD)
in 3 rounds
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Latest Funding Round
$140.69 K (USD), Angel Round
Mar 23, 2024
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Investors
India Accelerator
& 24 more
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Employee Count
1
as on Apr 02, 2024
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Funding Insights of Reeudo
Reeudo has successfully raised a total of $722.87K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $140.69 thousand completed in March 2024. 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.
Investors in Reeudo
Reeudo has secured backing from 25 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include India Accelerator, Fateh Education and Stigasoft.
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Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
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Angel network focused on multiple sectors
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E-commerce, mobility, and enterprise solutions are provided globally.
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Investor details for Reeudo
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Investments & Acquisitions by Reeudo
Investment portfolio details for Reeudo
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Financial Statements - Reeudo
Detailed financials for Reeudo
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Reeudo Comparisons
Peer comparison for Reeudo
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Competitors of Reeudo
Reeudo 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 Wise, TransferGo, Remessa Online, CurrencyFair and Intermex, among others.
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Cross-border remittances are enabled for individuals and businesses via apps.
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Cross-border remittances are enabled for consumers and businesses.
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International payments are enabled online for consumers and businesses.
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Cross-border money transfers are enabled through CurrencyFair's platform.
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Cross-border remittances are enabled for individuals and businesses.
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Payment processing solutions for businesses
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Detailed competitors of Reeudo
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Latest news on Reeudo
Complete news archive for Reeudo
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Frequently Asked Questions about Reeudo
Reeudo was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Reeudo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Reeudo is a funded company, having raised a total of $722.87K across 3 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Reeudo is 1.
Annual revenue of Reeudo is $22.64K as on Mar 31, 2023.
A fintech platform providing cross-border payment solutions for students and individuals. The company provides a cross-border payment platform, specifically designed for students making international transactions. It focus on global education institutions to bridge the gap between international student payment experiences.
Reeudo's top competitors include Wise, TransferGo and Remessa Online.
Reeudo has 25 investors. Key investors include India Accelerator, Fateh Education, Stigasoft, AngelBay, and Sidharth Gautam Theraja.
The valuation of Reeudo is $5.53M as of Mar 2024.