SafexPay

Thane, India Founded: 2017 • Age: 9 yrs Minicorn
White-label payment gateway solutions are provided for business transactions.

About SafexPay

SafexPay is a Financial Services company based in Thane (India) founded in 2017 by Ravi Shankar Gupta and Aradhana Gupta. White-label payment gateway solutions are provided for business transactions. SafexPay has raised $6.04 million across 2 funding rounds from investors including TIDES Business Incubator, Choithram International and ardoradvisors.com. SafexPay was last valued at $45.37 million in March 2021. Its chief executive, as recorded, is Ravi Shankar Gupta. Its website safexpay.com draws about 10 thousand monthly visits. Its Indian entity Touras Tech Global Private Limited reported revenue of β‚Ή16.26 Cr. Its focus areas include FinTech, Payments, Enablers and White Label Solutions. Its competitors include A2Z Suvidhaa, EverExpanse and Asian Checkout.

Company details

SafexPay was established in 2017 in Thane, India, within the fintech sector. A converged payments platform is operated to support transactions across various channels. Multiple payment modes and banking partners are integrated, alongside security protocols for transaction handling. Customized solutions are delivered for merchants, encompassing bulk and single payout management. Operations focus on enabling multi-channel payments to support business activities.

  • Headquarters Thane, India
  • Founders Ravi Shankar Gupta, Aradhana Gupta
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website safexpay.com
  • Social LinkedIn X Facebook
  • Legal Name Touras Tech Global Private Limited
  • Date of Incorporation 27 May, 2021
Key Metrics
  • Annual Revenue
    ₹16.26 Cr

    FY 2025 · -30% YoY

  • Net Loss
    -₹4.17 Cr

    FY 2025 · -26% margin

  • EBITDA
    -₹4.17 Cr

    FY 2025 · -26% margin

  • Total Equity Funding
    $6.04M (USD)

    in 2 rounds

  • Latest Funding Round
    $6M (USD), Series A

    Mar 2021

  • Investors

Funding Insights of SafexPay

SafexPay has successfully raised a total of $6.04M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in March 2021. 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.

  • Total Funding $6.04M
  • Total Rounds 2
  • Last Round Series A β€” $6M
  • First Round $35,172

    (Aug 2019)

  • Investors Count 4

All 2 funding rounds of SafexPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$6MSeries A$45.37MChoithram International
Aug 2019$35,172Seed–TIDES Business Incubator
–
Valuation history
DateValuationStage
Mar 2021$45.37Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $45.37M (Mar 2021). 4 investors in total: 4 institutional.

Investors in SafexPay

SafexPay has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TIDES Business Incubator, Choithram International and ardoradvisors.com.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
tchoithramsbvi.tcc.mode
Startup incubator
2011tides.iitr.ac.inRoorkee, India
ardoradvisors.com
Provides international IB curriculum and holistic education to students in India.
2004choithraminternational.comIndore, India
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Investor details for SafexPay

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Board of directors of Touras Tech Global Private Limited (SafexPay)

Touras Tech Global Private Limited is the primary company behind SafexPay. The board of Touras Tech Global Private Limited currently have 2 directors; the longest-serving is Juliet Agnelo Crasto, appointed in 2025. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Juliet Agnelo Crasto
DIN 11048760
Additional Director10 Apr 20251 yr 6 moTouras Tech Global Private Limited
Amey Ashok Hadkar
DIN 11170175
Additional Director25 Jun 20251 yr 4 moTouras Tech Global Private Limited

People of SafexPay

2 people are tracked at SafexPay (2 in leadership).

NameRoleGroup
Ravi Shankar Gupta
Co-Founder & CEOLeadership
Co-Founder & CPOLeadership
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Financials of SafexPay

Figures of Touras Tech Global Private Limited, the primary company behind SafexPay, for FY 2025. Revenue was ₹16.26 Cr (-30% year on year). Net loss was -₹4.17 Cr (-26% margin). EBITDA was -₹4.17 Cr (-26% margin). Revenue has grown at a compounded annual rate of +184% over three years.

  • ₹16.26 CrRevenue · FY 2025 · -30% YoY
  • -₹4.17 CrNet loss · -26% margin
  • -₹4.17 CrEBITDA · -26% margin
  • ₹16.51 CrPaid-up capital
  • 91Employees (provident fund records)
  • +184%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Touras Tech Global Private Limited are on its company page.

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Detailed financial statements for SafexPay

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Timeline of SafexPay

4 dated milestones of SafexPay across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded SafexPay is founded.
  2. Funding First funding round of $35K.
  3. Funding Latest funding round, Series A, of $6.0M.
  4. Milestone Reaches Minicorn status.

Competitors of SafexPay

SafexPay has 3 listed competitors in our database. They include A2Z Suvidhaa, EverExpanse and Asian Checkout.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
a2zsuvidhaa.com2017Jodhpur, India1
Fintech company offering digital payments, mobile recharges, and travel bookings services.
everexpanse.com2019Pune, India34
Payment software solutions and staff augmentation services are provided.
asiancheckout.com2016Gurugram, India
Offers UPI switches and payment gateways for banks and fintech companies.
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Detailed competitors of SafexPay

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Web traffic of SafexPay

The website of SafexPay (safexpay.com) receives about 10.1K visits a month.

  • Monthly visits
    10.1K

    ▲ 20% vs previous month

Similar websites

Websites whose visitors overlap most with SafexPay. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
finix.com
100%
85.4K#470,243View details
noda.live
94%
113.2K#350,044View details
entrackr.com
75%
753.1K#77,013View details
srilankacricket.lk
srilankacricket.lk
30%
#333,350–

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as SafexPay (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Safexpay

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Frequently Asked Questions about SafexPay

SafexPay was founded in 2017 and raised its 1st funding round 2 years after it was founded.

SafexPay is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.

Ravi Shankar Gupta is the CEO of SafexPay, as recorded in our data. They have also founded this company.

SafexPay is a funded company, having raised a total of $6.04M across 2 funding rounds to date. The company's 1st funding round was a Seed of $35.17K, raised on Aug 2019.

The primary company behind SafexPay, Touras Tech Global Private Limited, reported revenue of β‚Ή16.26 Cr for FY 2025, down 30% year on year.

SafexPay was established in 2017 in Thane, India, within the fintech sector. A converged payments platform is operated to support transactions across various channels. Multiple payment modes and banking partners are integrated, alongside security protocols for transaction handling. Customized solutions are delivered for merchants, encompassing bulk and single payout management. Operations focus on enabling multi-channel payments to support business activities.

SafexPay's top competitors include EverExpanse, A2Z Suvidhaa and Asian Checkout.

SafexPay has 4 investors. Key investors include TIDES Business Incubator, Choithram International, ardoradvisors.com, and T Choithrams BVI.

The valuation of SafexPay is $45.37M as of Mar 2021.

SafexPay operates through Touras Tech Global Private Limited.

The legal entities of SafexPay currently have 2 directors, including Juliet Agnelo Crasto, Amey Ashok Hadkar.

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