A Travel / Fintech Company providing one-stop solutions in digital & travel services is looking to raise funds

By Nikita Patel
Posted On: 21 / Apr / 2023
0 2048

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Fintech & Technology
Charge

Deal Status

Active

Deal Description

Description:

  1. Provides unified one stop platform for digital & travel services through its agent networks.
  2. Allows rural underserved segments to make transactions on its platform through the company’s agent network.

Traction:

  1. Vast geographical presence
  2. Agents present all over India = 3909
  3. Sales & Marketing through different channels
  4. Wide product offerings

Products Offered:

  1. Airline Booking
  2. Rail Booking
  3. Recharges
  4. Aadhaar Enabled Payment Systems
  5. Domestic Money Transfer
  6. Utility Bill Payments
  7. Bus Booking
  8. Micro ATMs
  9. PayTM Top-up
  10. Hotel Booking
  11. PAN Card
  12. LIC Premium Payments

Net Revenues:

  1. FY-20 (A) = ₹ 6.65 Cr
  2. FY-21 (A) = ₹ 2.93 Cr
  3. FY-22 (A) = ₹ 3.70 Cr
  4. FY-23 (P) = ₹ 4.31 Cr

Usage of Funds:

  1. Working Capital
  2. Services Offering Expansions
  3. CAPEX

Competitors:

  1. RapiPay
  2. Pay Nearby
  3. Payworld
  4. Eko.in
  5. Fino

No Files Attached

Deal Value
₹ 30 Crore
Targeted Region
Asia Pacific

Revenue

2022-23
Undisclosed
2023-24
Undisclosed
2024-25
Undisclosed
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