About RocketPay
RocketPay is a company based in Bengaluru (India) founded in 2022 by Kishorkumar Chabhadiya, Ishan Sharma, Rishav Dokania, and Arpit Bajpai. RocketPay has raised $2.01 million across 3 funding rounds from investors including Angel List, All In Capital and Z Nation Lab. The company has 1 employees as of April 04, 2024. RocketPay offers products and services including RocketPay App. RocketPay operates in a competitive market with competitors including CredFlow, Cleeng, Curlec, Swipez and Bill Cloud, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 04 Apr, 2024
- Founders Kishorkumar Chabhadiya, Ishan Sharma, Rishav Dokania, Arpit Bajpai
- Stage Minicorn
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Sectors
TechnologyFinancial 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 Absird Financial Technologies Pvt Ltd
- Date of Incorporation 22 Apr, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$13.18 K (USD)0as on Mar 31, 2023
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Net Profit
-$245.09 K (USD)0as on Mar 31, 2023
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EBITDA
-$227.75 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$2.01 M (USD)
in 3 rounds
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Latest Funding Round
$272.53 K (USD), Seed
Nov 08, 2024
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Investors
Angel List
& 48 more
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Employee Count
1
as on Apr 04, 2024
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Products & Services of RocketPay
RocketPay offers a comprehensive portfolio of products and services, including RocketPay App.
App that automates credit and EMI collections via secure mandates.
Funding Insights of RocketPay
RocketPay has successfully raised a total of $2.01M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $272.53 thousand completed in November 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 RocketPay
RocketPay has secured backing from 49 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, All In Capital and Z Nation Lab.
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Venture capital firm offering funding and mentorship to early-stage startups.
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Venture capital investments and community support for Indian startups.
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Venture capital funding is provided to innovative startups in India.
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Investor details for RocketPay
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Investments & Acquisitions by RocketPay
Investment portfolio details for RocketPay
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - RocketPay
Detailed financials for RocketPay
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Rocketpay Comparisons
Peer comparison for RocketPay
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Competitors of RocketPay
RocketPay 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 CredFlow, Cleeng, Curlec, Swipez and Bill Cloud, among others.
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Cashflow management platform is offered to small and medium enterprises.
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Subscriber management systems are provided for digital services.
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Recurring payments are automated and collected via bank-to-bank direct debits.
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Cloud-based billing and payments solutions are offered to businesses.
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Bills are collected from customers via offline and online channels.
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Detailed competitors of RocketPay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Rocketpay
Complete news archive for RocketPay
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Frequently Asked Questions about RocketPay
RocketPay was founded in 2022.
RocketPay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
RocketPay is a funded company, having raised a total of $2.01M across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at RocketPay is 1.
Annual revenue of RocketPay is $13.18K as on Mar 31, 2023.
App-based recurring payment collection solutions for businesses. It is a digital payment application that enables businesses to manage credit collection, automatically sending and receiving payments on a set schedule. The platform is designed to simplify transactions and convenience for both businesses and customers. With its interface and automated payment processing, it aims to revolutionize the way businesses manage their finances. Its app is available for Android users.
RocketPay offers RocketPay App.
RocketPay has 49 investors. Key investors include Angel List, All In Capital, Z Nation Lab, Invstt, and SiriusOne.
The valuation of RocketPay is $5.69M as of Nov 2024.