About Trupay
Trupay is a company based in Gurugram (India) founded in 2015 by Vivek Lohcheb was acquired by tmw in January 2018. Trupay has raised $1.05 million across 2 funding rounds from investors including Kae Capital, Vistra ITCL and tmw. The company has 1 employees as of April 07, 2024. Trupay operates in a competitive market with competitors including BharatPe, CU Pays, E Card Solution, Dizi Mitra and CashierPe, among others.
- Headquarter Gurugram, India
- Employees 1 as on 07 Apr, 2024
- Founders Vivek Lohcheb
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Protinus Infotech Private Limited
- Date of Incorporation 06 Nov, 2015
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
Not available
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Net Profit
-$772.26 (USD)0as on Mar 31, 2016
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EBITDA
-$845.05 (USD)0as on Mar 31, 2016
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Total Equity Funding
$1.05 M (USD)
in 2 rounds
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Latest Funding Round
$700 K (USD), Seed
Jul 19, 2017
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Investors
Kae Capital
& 24 more
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Employee Count
1
as on Apr 07, 2024
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Acquired by
tmw
(Jan 30, 2018)
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Funding Insights of Trupay
Trupay has successfully raised a total of $1.05M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $700 thousand completed in July 2017. 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 Trupay
Trupay has secured backing from 25 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Kae Capital, Vistra ITCL and tmw.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investing in tech startups in India.
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US companies are financed by Governing Dynamics across key sectors.
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Investment banking firm offering capital advisory and acquisitions services
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Investor details for Trupay
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Investments & Acquisitions by Trupay
Investment portfolio details for Trupay
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Financial Statements - Trupay
Detailed financials for Trupay
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Trupay Comparisons
Peer comparison for Trupay
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Competitors of Trupay
Trupay 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 BharatPe, CU Pays, E Card Solution, Dizi Mitra and CashierPe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Payment acceptance and processing solutions provider for businesses
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Provides a money transfer app using QR code technology.
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Offers QR code-based payment solutions for businesses.
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Provides banking CSP, insurance, and loan services to promote financial inclusion across India.
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Provides an app-based QR code payment system for individuals and merchants.
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Detailed competitors of Trupay
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Latest news on Trupay
Complete news archive for Trupay
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Frequently Asked Questions about Trupay
Trupay was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Trupay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Trupay is a funded company, having raised a total of $1.05M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Trupay is 1.
Trupay was founded in 2015 and is headquartered in Gurugram, India. Operations focus on the fintech sector, where UPI-based POS solutions are provided to merchants for accepting payments. Businesses are enabled to process transactions online or via mobile devices, with customers transferring funds by entering phone numbers or scanning QR codes. Services support seamless digital payments in the Indian market.
Trupay's top competitors include BharatPe, CU Pays and E Card Solution.
Trupay has 25 investors. Key investors include Kae Capital, Vistra ITCL, tmw, Real Time MCS, and M&S Capital Partners.
The valuation of Trupay is $2.67M as of Jul 2017.