About Rupio
Rupio was a Financial Services company based in Bhavnagar (India) founded in 2012. A card-linked wallet providing secure payment solutions for consumers and businesses. It operates on a B2C model. Its Indian entity Joshi Biztech Solutions Limited reported revenue of ₹50.5 Lakh. The company is recorded as dissolved. Its focus areas include FinTech, Digital Payments and Wallet Solutions. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
Rupio, based in Bhavnagar, focuses on offering financial products and advice, innovating financial technology, digital payments, and wallet solutions. A card-linked wallet providing secure payment solutions for consumers and businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Bhavnagar, India
- SectorsFinancial Services
- Website rupio.in
- Social X Facebook
- Legal Name Joshi Biztech Solutions Limited
- Date of Incorporation 29 Nov, 2011
- Jurisdiction Bhavnagar, Gujarat, India
- Annual Revenue₹50.5 Lakh
FY 2021 · -88% YoY
- Net Profit₹6.9 Lakh
FY 2021 · 14% margin
- EBITDA₹7.3 Lakh
FY 2021 · 15% margin
Associated legal entities of Rupio
Rupio operates through Joshi Biztech Solutions Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Joshi Biztech Solutions Limited CIN U72200GJ2011PLC068010 | Active | 29 Nov 2011 | Bhavnagar, Gujarat | ₹0.5 Cr | 48 | 5 | View details |
Board of directors of Joshi Biztech Solutions Limited (Rupio)
Joshi Biztech Solutions Limited is the primary company behind Rupio. The board of Joshi Biztech Solutions Limited currently have 3 directors; the longest-serving is Jignesh Bhaskarbhai Joshi, appointed in 2012. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jignesh Bhaskarbhai Joshi DIN 05322837 | Director | 02 Jul 2012 | 14 yrs 3 mo | Joshi Biztech Solutions Limited |
| Keshav Satishbhai Pandya DIN 07186232 | Director | 20 Jun 2015 | 11 yrs 4 mo | Joshi Biztech Solutions Limited |
| Parag Bharatbhai Jani DIN 07790386 | Director | 01 May 2017 | 9 yrs 5 mo | Joshi Biztech Solutions Limited |
Financials of Rupio
Figures of Joshi Biztech Solutions Limited, the primary company behind Rupio, for FY 2021. Revenue was ₹50.5 Lakh (-88% year on year). Net profit was ₹6.9 Lakh (14% margin). EBITDA was ₹7.3 Lakh (15% margin). Revenue has grown at a compounded annual rate of -86% over three years and -56% over five years.
- ₹50.5 LakhRevenue · FY 2021 · -88% YoY
- ₹6.9 LakhNet profit · 14% margin
- ₹7.3 LakhEBITDA · 15% margin
- ₹1.56 CrPaid-up capital
- 48Employees (provident fund records)
- -86%Revenue CAGR, 3 years
- -56%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Joshi Biztech Solutions Limited are on its company page.
Detailed financial statements for Rupio
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Similar companies to Rupio
Rupio has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed similar companies of Rupio
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Top companies in Travel Fintech
3 companies that operate in the same segment as Rupio (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 8.79 | 74 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Frequently Asked Questions about Rupio
Rupio was founded in 2012.
Rupio is headquartered in Bhavnagar, India. It is registered at Bhavnagar, Gujarat, India.
The primary company behind Rupio, Joshi Biztech Solutions Limited, reported revenue of ₹50.5 Lakh for FY 2021, down 88% year on year.
Rupio, based in Bhavnagar, focuses on offering financial products and advice, innovating financial technology, digital payments, and wallet solutions. A card-linked wallet providing secure payment solutions for consumers and businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Rupio operates through Joshi Biztech Solutions Limited.
The legal entities of Rupio currently have 3 directors, including Keshav Satishbhai Pandya, Parag Bharatbhai Jani, Jignesh Bhaskarbhai Joshi.