Weizmann Forex

Mumbai, India Founded: 1993 • Age: 33 yrs Acquired By EbixCash
Foreign currency exchange platform
Annual revenue $1.3B Latest available
Total funding - Funding intelligence
Employees 204 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

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 as of April 06, 2024. 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.

  • Headquarter Mumbai, India
  • Employees 204 as on 06 Apr, 2024
  • Founders Upkar Singh Kohli
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Delphi World Money Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.29 B (USD)
    19.34
    as on Mar 31, 2019
  • Net Profit
    -$1.88 M (USD)
    -140.82
    as on Mar 31, 2019
  • EBITDA
    -$5.64 M (USD)
    -172.83
    as on Mar 31, 2019
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    204

    as on Apr 06, 2024

  • Acquired by
    EbixCash

    (Jan 02, 2019)

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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.

Product name locked
Category locked
Primary

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

Product name locked
Category locked
Locked

Service for purchasing foreign currency for travel and transactions.

Product name locked
Category locked
Locked

Service for exchanging foreign currency back to local.

Product name locked
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Platform for sending money internationally with ease.

Product name locked
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Locked

Coverage for travel-related financial risks and emergencies.

Funding Insights of Weizmann Forex

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Detailed funding history for Weizmann Forex

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Investors in Weizmann Forex

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

All
Investor Description Founded Year Domain Location
App-based money transfer and bill payment platform for individuals and businesses
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Investor details for Weizmann Forex

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Investments & Acquisitions by Weizmann Forex

Investments
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Investment portfolio details for Weizmann Forex

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Financial Statements - Weizmann Forex

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Detailed financials for Weizmann Forex

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Weizmann Forex Comparisons

Weizmann Forex Primary company
Description
Foreign currency exchange platform
Location
Mumbai, India
Founded Year
1993
Annual Revenue
$1.29 B (USD)
Net Profit
-$1.88 M (USD)
EBITDA
-$5.64 M (USD)
Employees
204
As of 2024
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Peer comparison for Weizmann Forex

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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 Name Domain Founded year HQ Location Description
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Cross-border remittances are enabled for individuals and businesses via apps.
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Cross-border remittances are enabled for consumers and businesses.
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International payments are enabled online for consumers and businesses.
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Cross-border money transfers are enabled through CurrencyFair's platform.
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Online foreign exchange and remittance services are facilitated in India.
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Cross-border remittances are enabled for individuals and businesses.
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Detailed competitors of Weizmann Forex

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Latest news on Weizmann Forex

Ebix updates on Weizmann Forex deal
Seekingalpha7 years ago
Ebix to acquire Weizmann Forex
Seekingalpha7 years ago
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Complete news archive for Weizmann Forex

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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.

As of Apr 06, 2024, the latest employee count at Weizmann Forex is 204.

Annual revenue of Weizmann Forex is $1.29B as on Mar 31, 2019.

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.

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