Remitout

Mumbai, India Founded: 2017 • Age: 9 yrs
Money remittance from India to abroad is enabled online.
Annual revenue $265,340 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Remitout

Remitout is a company based in Mumbai (India) founded in 2017 by Nafees Dadi and Kritika Saini. Remitout operates in a competitive market with competitors including Mintroute, Quippi, NexPay, xCurrency and BlueKite, among others.

  • Headquarter Mumbai, India
  • Founders Nafees Dadi, Kritika Saini
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Remitout Service Private Limited
  • Date of Incorporation 24 Aug, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $265.34 K (USD)
    81.38
    as on Mar 31, 2023
  • Net Profit
    $26.2 K (USD)
    43.56
    as on Mar 31, 2023
  • EBITDA
    $40.88 K (USD)
    31.46
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Funding Insights of Remitout

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Detailed funding history for Remitout

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Investments & Acquisitions by Remitout

Investments
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Investment portfolio details for Remitout

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Financial Statements - Remitout

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Detailed financials for Remitout

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Remitout Comparisons

Remitout Primary company
Description
Money remittance from India to abroad is enabled online.
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$265.34 K (USD)
Net Profit
$26.2 K (USD)
EBITDA
$40.88 K (USD)
Employees
Not available
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Peer comparison for Remitout

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Competitors of Remitout

Remitout 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 Mintroute, Quippi, NexPay, xCurrency and BlueKite, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cross-border mobile recharge solutions are facilitated via online platforms.
Locked Locked Locked
US-Mexico cross border gift cards
Locked Locked Locked
Provider of industrial solutions, including lubricants, safety equipment, and wind energy optimization
Locked Locked Locked
Forex rate converter and remittance services
Locked Locked Locked
Cross-border bill payments and remittances
Locked Locked Locked
Provides a platform for cross-border payments tailored to international students.
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Detailed competitors of Remitout

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Latest news on Remitout

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Complete news archive for Remitout

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Frequently Asked Questions about Remitout

Remitout was founded in 2017.

Remitout is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Annual revenue of Remitout is $265.34K as on Mar 31, 2023.

Remitout was founded in 2017 in Mumbai, India, operating in the fintech sector focused on cross-border transfers. An online platform is maintained to facilitate money remittances from India to various international locations. Funds are directed toward needs such as travel, medical payments, educational costs, immigration requirements, and other similar uses. The service is based in Mumbai.

Remitout's top competitors include xCurrency, BlueKite and Quippi.

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