About Rupenet
Rupenet is a Financial Services company based in Chennai (India) founded in 2018. It offers a payment processing solution for consumers and businesses. It operates on a B2B model. Its focus areas include Payments, Processing and Digital Payments. Its legal entity in India is Rupenet Technology Solutions Private Limited (U72900TN2018PTC123274). Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Rupenet, established in 2018, excels in offering financial products and advice, facilitating payment transactions, processing, and digital payments. Offers a payment processing solution for consumers and businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Chennai, India
- SectorsFinancial Services
- Website rupenet.com
- Social LinkedIn X Facebook
- Legal Name Rupenet Technology Solutions Private Limited
- Date of Incorporation 18 Jun, 2018
- Jurisdiction Kanchipuram, Tamil Nadu, India
- Annual Revenue₹5,944
FY 2024 · +41% YoY
- Net Loss-₹2.2 Lakh
FY 2024 · -3631% margin
- EBITDA-₹2.1 Lakh
FY 2024 · -3564% margin
Associated legal entities of Rupenet
Rupenet operates through Rupenet Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rupenet Technology Solutions Private Limited CIN U72900TN2018PTC123274 | Active | 18 Jun 2018 | Kanchipuram, Tamil Nadu | ₹0.0 Cr | 2 | View details |
Board of directors of Rupenet Technology Solutions Private Limited (Rupenet)
Rupenet Technology Solutions Private Limited is the primary company behind Rupenet. The board of Rupenet Technology Solutions Private Limited currently have 2 directors; the longest-serving is Munusamy Dhavaraaju, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Munusamy Dhavaraaju DIN 08160014 | Director | 18 Jun 2018 | 8 yrs 4 mo | Rupenet Technology Solutions Private Limited |
| Devaraji Rani DIN 08160013 | Director | 18 Jun 2018 | 8 yrs 4 mo | Rupenet Technology Solutions Private Limited |
Financials of Rupenet
Figures of Rupenet Technology Solutions Private Limited, the primary company behind Rupenet, for FY 2024. Revenue was ₹5,944 (+41% year on year). Net loss was -₹2.2 Lakh (-3631% margin). EBITDA was -₹2.1 Lakh (-3564% margin). Revenue has grown at a compounded annual rate of -59% over three years and -61% over five years.
- ₹5,944Revenue · FY 2024 · +41% YoY
- -₹2.2 LakhNet loss · -3631% margin
- -₹2.1 LakhEBITDA · -3564% margin
- ₹1 LakhPaid-up capital
- -59%Revenue CAGR, 3 years
- -61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rupenet Technology Solutions Private Limited are on its company page.
Detailed financial statements for Rupenet
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Similar companies to Rupenet
Rupenet has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of Rupenet
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Web traffic of Rupenet
The website of Rupenet (rupenet.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 65.4% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Rupenet (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about Rupenet
Rupenet was founded in 2018.
Rupenet is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Rupenet, Rupenet Technology Solutions Private Limited, reported revenue of ₹5,944 for FY 2024, up 41% year on year.
Rupenet, established in 2018, excels in offering financial products and advice, facilitating payment transactions, processing, and digital payments. Offers a payment processing solution for consumers and businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Rupenet operates through Rupenet Technology Solutions Private Limited.
The legal entities of Rupenet currently have 2 directors, including Munusamy Dhavaraaju, Devaraji Rani.