Key Metrics
  • No. of Employees915
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹177.02 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About RapiPay
RapiPay is the fastest-growing assisted payment services company in the Indian fintech Industry and is a PPI Licensed holder from RBI. RapiPay operates through its Direct Business Outlets (DBOs) serving millions of Indian consumers with financial inclusion services like AEPS, Micro ATM, Domestic Money Transfer, Utility Bill Payments, Insurance etc. RapiPay is a subsidiary of Capital India Finance Limited (CIFL) which is a public listed company and is a leading name in NBFC. RapiPay drives financial inclusion across the country with the help of a PAN-India network of 6 lakh+ DBOs delivering over 3 crore transactions monthly.
Business Model

Rapipay provides payment solutions to businesses through the agent assisted model this could be bill payments, recharges etc

Top Competitors
WE
WerizeU72900KA2018PTC116006
KA
KaleidofinU65999TN2017PTC117862
PA
PaynearbyU74110MH2018PTC316044
SM
Spice MoneyU72900DL2000PLC104989
RapiPay Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹177.02 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Rational Builders And Developers, DS Group
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
RapiPay Financial Details
Financial Highlights
FY 2023-24 Revenue₹427.24 Cr
FY 2023-24 Expenses₹464.63 Cr
FY 2023-24 Profit/Loss-₹37.51 Cr
Net Cash Flow From Operations-₹14.59 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
RapiPay Key People
People Metrics
Current Core Team3
Board Members/Directors6

Core Team

YK
Yogendra Kashyap Founder
SV
Srinivas Vasuki NidumoluCTO
SC
Sumit ChoudharyCFO

Board Members/Directors

NJ
Nipun JainWholetime Director
VS
Vinod SomaniDirector
KP
Keshav PorwalDirector
DV
Deepak VaswanDirector
YK
Yogendra KashyapManaging Director
YP
Yogendra Pal SinghDirector
RapiPay Documents

AY - 2018-19

Profit and Loss statement - RapiPay - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - RapiPay - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - RapiPay - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - RapiPay - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - RapiPay - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - RapiPay - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - RapiPay - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - RapiPay - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - RapiPay - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2022-23
₹249.00 ₹498.00
Balance sheet - RapiPay - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - RapiPay - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of RapiPay for FY 2023-24
₹249.00 ₹498.00
Balance sheet - RapiPay - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of RapiPay for FY 2023-24
₹249.00 ₹498.00

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