About RNFI Services
RNFI Services is a company based in Delhi (India) founded in 2015 by Kapil Chawla, Nitesh Kumar, and Ranveer Khyaliya.. The company has 1,840 employees as of March 31, 2024. RNFI Services has completed 1 acquisition, including Payworld. RNFI Services operates in a competitive market with competitors including Wise, Recharge.com, Western Union, Spice Money and Aditya Birla Capital, among others.
- Headquarter Delhi, India
- Employees 1840 as on 31 Mar, 2024
- Founders Kapil Chawla, Nitesh Kumar, Ranveer Khyaliya
- Stage Public
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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 Rnfi Services Ltd.
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Annual Revenue
$107.13 M (USD)212.69as on Mar 31, 2024
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Net Profit
$2.13 M (USD)72.3as on Mar 31, 2024
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EBITDA
$4.31 M (USD)105.86as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1840
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of RNFI Services
RNFI Services is a publicly listed company on the NSE with ticker symbol RNFI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of RNFI Services
| 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 |
Investments & Acquisitions by RNFI Services
RNFI Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Payworld. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Money transfer and bill payment solutions are enabled via agents.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RNFI Services
| 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 |
Rnfi Services Comparisons
Competitors of RNFI Services
RNFI Services 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, Recharge.com, Western Union, Spice Money and Aditya Birla Capital, 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 |
Cross-border remittances are enabled for individuals and businesses via apps.
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| domain | founded_year | HQ Location |
Online utility bill payment platform for individuals
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| domain | founded_year | HQ Location |
Provider of remittance services
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| domain | founded_year | HQ Location |
Digital payment and banking service provider in rural areas
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| domain | founded_year | HQ Location |
Diversified financial services including investment, insurance, and lending are offered.
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated for individuals and businesses.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rnfi Services
Frequently Asked Questions about RNFI Services
When was RNFI Services founded?
RNFI Services was founded in 2015.
Where is RNFI Services located?
RNFI Services is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does RNFI Services have?
As of Mar 31, 2024, the latest employee count at RNFI Services is 1,840.
What is the annual revenue of RNFI Services?
Annual revenue of RNFI Services is $107.13M as on Mar 31, 2024.
What does RNFI Services do?
RNFI Services was founded in 2015 in Delhi, India, within the fintech sector focused on digital payments. Operations encompass payment gateways for transactions, domestic money remittances, mobile recharges, bill payments, and micro ATM services. These offerings are extended to users across India to facilitate everyday financial activities, with a base in the capital region supporting broader national access.
Who are the top competitors of RNFI Services?
RNFI Services's top competitors include Wise, Aditya Birla Capital and Recharge.com.
Is RNFI Services publicly traded?
Yes, RNFI Services is publicly traded on NSE under the ticker symbol RNFI.
How many acquisitions has RNFI Services made?
RNFI Services has made 1 acquisition, including Payworld.
What is RNFI Services's ticker symbol?
The ticker symbol of RNFI Services is RNFI on NSE.
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