Weizmann Forex

Mumbai, India Founded: 1993 • Age: 33 yrs Listed Acquired By EbixCash
Foreign currency exchange platform

About Weizmann Forex

Weizmann Forex is a company based in Mumbai (India) founded in 1993 by Upkar Singh Kohli was acquired by EbixCash in January 2019. The company has 204 employees. Weizmann Forex offers products and services including Prepaid Forex Card, Buy Forex, Sell Forex, Money Transfer, and Travel Insurance. Weizmann Forex operates in a competitive market with competitors including Wise, TransferGo, Remessa Online, CurrencyFair and BookMyForex, among others.

Key Metrics
  • Annual Revenue
    ₹73.96 Cr

    FY 2025 · -24% YoY

  • Net Profit
    ₹1.96 Cr

    FY 2025 · 3% margin

  • EBITDA
    ₹6.15 Cr

    FY 2025 · 8% margin

  • Investors
  • Employee Count
    204
  • Acquired by
    EbixCash

    (Jan 2019)

Products & Services of Weizmann Forex

Weizmann Forex offers a comprehensive portfolio of products and services, including Prepaid Forex Card, Buy Forex, Sell Forex, Money Transfer, and Travel Insurance.

Prepaid Forex Card
Financial Product

Card for loading multiple currencies with security and exchange rate protection.

Buy Forex
Currency Service

Service for purchasing foreign currency for travel and transactions.

Sell Forex
Currency Service

Service for exchanging foreign currency back to local.

Money Transfer
Remittance Service

Platform for sending money internationally with ease.

Travel Insurance
Insurance Service

Coverage for travel-related financial risks and emergencies.

Investors in Weizmann Forex

Weizmann Forex has secured backing from 1 investor. Prominent investors backing the company include EbixCash.

All
InvestorDescriptionFounded YearDomainLocation
App-based money transfer and bill payment platform for individuals and businesses
1989ebixcash.comNoida, India
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Investor details for Weizmann Forex

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Board of directors of Delphi World Money Limited (Weizmann Forex)

Delphi World Money Limited is the primary company behind Weizmann Forex. The board of Delphi World Money Limited currently have 7 directors; the longest-serving is Hariprasad Meenoth Panichikkil, appointed in 2022. 35 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hariprasad Meenoth Panichikkil
DIN 09473253
Whole-time director11 Feb 20224 yrs 7 moDelphi World Money Limited
Tiruvanamalai Chandrashekaran Guruprasad
DIN 03413982
Director12 Nov 20241 yr 10 moDelphi World Money Limited
Shri Pal Goel
DIN 07352580
Director12 Nov 20241 yr 10 moDelphi World Money Limited
Ajai Kumar
DIN 02446976
Director08 Jan 20251 yr 9 moDelphi World Money Limited
Vani Mahajan
DIN 10898192
Director08 Jan 20251 yr 9 moDelphi World Money Limited
Bhawna Sharma
DIN 10288658
Director14 Feb 20267 moDelphi World Money Limited
Kamal Ghildiyal
DIN 07706990
Director14 Feb 20267 moDelphi World Money Limited

People of Weizmann Forex

1 people are tracked at Weizmann Forex (1 in leadership); the tracked headcount is 204.

NameRoleGroup
Upkar Singh Kohli
FounderLeadership
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Financials of Weizmann Forex

Figures of Delphi World Money Limited, the primary company behind Weizmann Forex, for FY 2025. Revenue was ₹73.96 Cr (-24% year on year). Net profit was ₹1.96 Cr (3% margin). EBITDA was ₹6.15 Cr (8% margin). Revenue has grown at a compounded annual rate of 0% over three years and -58% over five years.

  • ₹73.96 CrRevenue · FY 2025 · -24% YoY
  • ₹1.96 CrNet profit · 3% margin
  • ₹6.15 CrEBITDA · 8% margin
  • ₹16.35 CrPaid-up capital
  • 204Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • -58%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Delphi World Money Limited are on its company page.

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Detailed financial statements for Weizmann Forex

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Timeline of Weizmann Forex

3 dated milestones of Weizmann Forex across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Weizmann Forex is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Exit Acquired by EbixCash.

Competitors of Weizmann Forex

Weizmann Forex 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 Wise, TransferGo, Remessa Online, CurrencyFair and BookMyForex, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wise.com2011Shoreditch, United Kingdom$1.03B5,499
Cross-border remittances are enabled for individuals and businesses via apps.
transfergo.com2012London, United Kingdom$109.2M–
Cross-border remittances are enabled for consumers and businesses.
remessaonline.com.br2016Sao Paulo, Brazil$21.53M–
International payments are enabled online for consumers and businesses.
currencyfair.com2010Dublin, Ireland$23.06M–
Cross-border money transfers are enabled through CurrencyFair's platform.
bookmyforex.com2011Gurugram, India$5.59M231
Online foreign exchange and remittance services are facilitated in India.
intermexonline.com1994Miami, United States––
Cross-border remittances are enabled for individuals and businesses.
travel-wallet.com2018Seoul, South Korea$31.33M–
Mobile platform for Asian currency exchange and payments is offered.
2c2p.com2003Singapore$85M–
Payment processing solutions for businesses
westernunion.com1851Denver, United States–196
Provider of remittance services
lmax.com2007London, United Kingdom$300.09M–
Forex trading services are provided via an electronic exchange platform.
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Detailed competitors of Weizmann Forex

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Web traffic of Weizmann Forex

Websites that share an audience with Weizmann Forex (weizmannforex.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
money.rediff.com
money.rediff.com
100%
–#13,922–
brainyforex.com
61%
––View details
cityexchangeuae.com
cityexchangeuae.com
61%
–#10,052,728–
indiainfoline.com
61%
630.1K#78,261View details
weizmann.co.in
42%
1.4K#10,614,572View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Weizmann Forex

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Latest news on Weizmann Forex

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Similar companies to Weizmann Forex

10 companies that operate in the same segment as Weizmann Forex (Forex Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cross-border remittances are enabled for individuals and businesses via apps.
2011London, United KingdomUSD 1.03 BUSD 2.71 B–
Cross-border payments are processed for businesses via tools and APIs.
2015Singapore, SingaporeUSD 1.9 B–1
Cross-border payroll solutions are provided for global migrant workers.
2021Berlin, Berlin, GermanyUSD 38.93 M––
Online platform for trading in forex, options, and CFDs
1992Copenhagen, DenmarkUSD 548.49 M–1
International payments are enabled online for consumers and businesses.
2016Sao Paulo, BrazilUSD 21.53 M––
Online foreign exchange and remittance services are facilitated in India.
2011Gurugram, Haryana, IndiaUSD 5.59 MUSD 1.17 M146
An online platform is utilized for trading forex and CFDs.
1995San Francisco, California, United StatesUSD 117.05 MUSD 317.42–
Online cross-border remittance platform for individuals
2019San Francisco, California, United StatesUSD 60 M––
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online.
2008London, England, United Kingdom–USD 809.63 M633
NFC-enabled travel cards and wallets are provided for travelers.
2018Singapore, SingaporeUSD 105.5 M––
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Frequently Asked Questions about Weizmann Forex

Weizmann Forex was founded in 1993.

Weizmann Forex is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Weizmann Forex has 204 employees.

The primary company behind Weizmann Forex, Delphi World Money Limited, reported revenue of β‚Ή73.96 Cr for FY 2025, down 24% year on year.

WeizmannForex is a foreign currency exchange platform. Users can buy and sell foreign currencies. Also offers forex cards and money transfer services. Offers forex solutions for students, corporates and agents.

Weizmann Forex's top competitors include Wise, TransferGo and Remessa Online.

Weizmann Forex offers Prepaid Forex Card, Buy Forex, Sell Forex, Money Transfer, and Travel Insurance.

Weizmann Forex has 1 investor. Key investors include EbixCash.

Weizmann Forex operates through Delphi World Money Limited.

Yes. Weizmann Forex was acquired by EbixCash in January 2019.

The legal entities of Weizmann Forex currently have 9 directors, including Tiruvanamalai Chandrashekaran Guruprasad, Hariprasad Meenoth Panichikkil, Shri Pal Goel and others.

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