About Trustopay
Trustopay is a company based in Vadodara (India) founded in 2023 by Jainish Gupta and Ankit Sharma.. Trustopay operates in a competitive market with competitors including Castler, Tripartie, Dealsafe, GoCrow and Scrow, among others.
- Headquarter Vadodara, India
- Founders Jainish Gupta, Ankit Sharma
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Trustopay Innovations Private Limited
- Date of Incorporation 01 Feb, 2024
- Jurisdiction Vadodara, Gujarat, India
-
Annual Revenue
$56.2 (USD)0as on Mar 31, 2024
-
Net Profit
$-244.92 (USD)0as on Mar 31, 2024
-
EBITDA
$-244.92 (USD)0as on Mar 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Trustopay
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Angel Round - Trustopay | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Trustopay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Trustopay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trustopay Comparisons
Competitors of Trustopay
Trustopay 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 Castler, Tripartie, Dealsafe, GoCrow and Scrow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Escrow-based banking solutions are offered for consumers and businesses.
|
|
| domain | founded_year | HQ Location |
Escrow payment solutions are provided for businesses and marketplaces.
|
|
| domain | founded_year | HQ Location |
Digital escrow solution for buyers and sellers
|
|
| domain | founded_year | HQ Location |
Escrow-based digital payments are provided for secure buyer-seller transactions.
|
|
| domain | founded_year | HQ Location |
Provides digital escrow platform for secure, transparent payments in various industries.
|
|
| domain | founded_year | HQ Location |
Provides escrow-based banking solutions for consumers and businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Trustopay
When was Trustopay founded?
Trustopay was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Trustopay located?
Trustopay is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Who is the current CEO of Trustopay?
Ankit Sharma is the current CEO of Trustopay. They have also founded this company.
What is the annual revenue of Trustopay?
Annual revenue of Trustopay is $56.2 as on Mar 31, 2024.
What does Trustopay do?
Trustopay was founded in 2023 in Vadodara, India, as a fintech platform focused on escrow payments. Neutral third-party services are offered to hold funds until conditions are fulfilled in various transactions, including second-hand purchases, freelancer hires, and influencer payments. Risks associated with non-payment and disputes are addressed between transacting parties. Operations are centered on online marketplaces to facilitate secure exchanges.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.