About Remit2India
Remit2India is a company based in Mumbai (India) founded in 2001 was acquired by UAE Exchange in October 2016. Remit2India operates in a competitive market with competitors including Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.
- Headquarter Mumbai, India
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
$28.58 M (USD)109as on Mar 31, 2018
-
Net Profit
$876.77 K (USD)-33as on Mar 31, 2018
-
EBITDA
$3.46 M (USD)38as on Mar 31, 2018
-
Latest Funding Round
Not available
- Investors
-
Employee Count
Not available
-
Acquired by
UAE Exchange
(Oct 26, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Remit2India
Detailed funding history for Remit2India
Round names, dates, amounts, investors, and valuation history require an active premium plan.
- Round names and dates
- Funding amounts
- Participating investors
- Valuation history
Verified entity values are shown only after access is granted.
Investors in Remit2India
Remit2India has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UAE Exchange.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Global money transfer and foreign exchange services are provided worldwide.
|
Locked | Locked | Locked |
Investor details for Remit2India
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Remit2India
Investment portfolio details for Remit2India
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Remit2India
Detailed financials for Remit2India
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Remit2india Comparisons
Peer comparison for Remit2India
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Remit2India
Remit2India 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 Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cross-border money transfers are facilitated via banking networks.
|
|
| Locked | Locked | Locked |
Electronic payments and transaction processing solutions are offered globally.
|
|
| Locked | Locked | Locked |
Cross-border money transfers are enabled via a digital banking channel.
|
|
| Locked | Locked | Locked |
Cross-border money transfers are enabled via banking channels.
|
|
| Locked | Locked | Locked |
Online foreign exchange and remittance services are facilitated in India.
|
|
| Locked | Locked | Locked |
International money transfer service provider.
|
Detailed competitors of Remit2India
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Remit2india
Complete news archive for Remit2India
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Remit2India
Remit2India was founded in 2001.
Remit2India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Annual revenue of Remit2India is $28.58M as on Mar 31, 2018.
Remit2Indias money transfer service is an online way of sending money to family and friends in India, in 10 currencies from 24 countries across the world. Process includes registering on the website with your and recipients details, wire money into remit2Indias local bank account. Service only available to NRIs and PIOs (Person of Indian origin). Gives the option to send money via ACH or a local wire transfer and does a direct credit in the recipients bank account. Has tied up with 90 Indian banks. Part of TimesOfMoney Pvt. Ltd.
Remit2India's top competitors include Azimo, Euronet Worldwide and NALA.
Remit2India has 1 investor. Key investors include UAE Exchange.