When was BookMyForex founded?

BookMyForex was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is BookMyForex located?

BookMyForex is headquartered in Gurugram, India. It is registered at P-701 to P-705, 7th Floor, Tower C, JMD Megapolis, Sohna Road, Sector- 48, Gurgaon, Haryana, 122018, Gurgaon, Gurgaon, Haryana, India, 122018.

Who is the current CEO of BookMyForex?

Sudarshan Motwani of BookMyForex. They have also founded 1 company.

Which legal entities is BookMyForex associated with?

BookMyForex is associated with BOOK MY FOREX PRIVATE LIMITED.

How many employees does BookMyForex have?

As of Aug 31, 2025, the latest employee count at BookMyForex is 241.

Is BookMyForex a funded company?

BookMyForex is a funded company, having raised a total of $5.59M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 13, 2012.

How much is BookMyForex worth?

The last known valuation of BookMyForex was $***** as of May 03, 2019.

When was the latest funding round of BookMyForex?

BookMyForex's latest funding was a $***** Series A round on Mar 02, 2020, with participation from 1 investor.

What is the annual revenue of BookMyForex?

Annual revenue of BookMyForex is ₹26.7Cr as on Mar 31, 2025.

Where does BookMyForex rank among its competitors?

BookMyForex ranks 5th amongst 440 active competitors, of which 45 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was NALA, which secured $40M in Jul, 2024.

Who are the top competitors of BookMyForex?

BookMyForex's top competitors include Azimo, NALA and Euronet Worldwide. Among them, NALA secured the most recent funding round in July, 2024.

BookMyForex - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Online Money Exchange and Remittances. It offers online money exchange and foreign remittance services in India. It is an e-commerce platform designed to make the process of buying and selling foreign exchange simple and convenient in India. It offers a full suite of forex services and their product offering consists of currency notes, prepaid travel cards, traveler’s cheques, foreign currency demand drafts and foreign currency wire transfers. Operates as a market place for foreign exchange. It partners with select banks and reputed exchange companies to fulfill the forex requirements of customers.

Website: bookmyforex.com
Social
Phone Number: +91 **********
Registered Address: P-701 to P-705, 7th Floor, Tower C, JMD Megapolis, Sohna Road, Sector- 48, Gurgaon, Haryana, 122018, Gurgaon, Gurgaon, Haryana, India, 122018

Key Metrics

Founded Year

2011

Location

Gurugram, India

Stage

Acquired

Total Funding

$5.59M in 5 rounds

Latest Funding Round

Series A, Mar 02, 2020, $*****

Last Known Valuation

$***** as on May 03, 2019

Investors

Faering Capital & 3 more

Ranked

5^th among 440 active competitors

Annual Revenue

₹26.7Cr as on Mar 31, 2025

Employee Count

241 as on Aug 31, 2025

Similar Companies

Azimo & 679 more

Exit Details

Acquired by Tripmoney (Apr 05, 2022)

View BookMyForex's full profile

BookMyForex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BOOK MY FOREX PRIVATE LIMITED CIN: U74999HR2011PTC043950 , India, Active	Sep 23, 2011	$3.16M (As on Mar 31, 2025)	241 (As on Aug 31, 2025)

BookMyForex got acquired by Tripmoney on Apr 05, 2022. It was facilitated by L&L Partners, Trilegal and JSA.

Click here to take a look at BookMyForex's acquisition in detail

BookMyForex has raised a total funding of $5.59M over 5 rounds. Its first funding round was on Jun 13, 2012. Its latest funding round was a Series A round on Mar 02, 2020 for $*****. 1 investor participated in its latest round. BookMyForex has 1 institutional investor and 3 angel investors.

Here is the list of recent funding rounds of BookMyForex:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 02, 2020	6945871	Series A	4766204	4976891	9571749	5536283
May 03, 2019	1124649	Series A	7321122	6411570	1951795	7436434
Feb 05, 2016	5180381	Series A	4874263	3951127	Faering Capital	4048862

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View details of BookMyForex's funding rounds and investors

The founders of BookMyForex are Nitin Motwani, Sudarshan Motwani and Anju Motwani. Sudarshan Motwani is the CEO of BookMyForex.

Here are the details of BookMyForex's key team members:

Nitin Motwani: Founder and CTO of BookMyForex. They are also an angel investor in 1 startup and serve on the board of 1 company.
Sudarshan Motwani: Founder and CEO of BookMyForex. They serve on the board of 1 company.
Anju Motwani: Director of BookMyForex. They serve on the board of 1 company.

BookMyForex's Board of Directors

BookMyForex's board has 4 active members. Nitin Motwani, Aditya Parekh, Sudarshan Motwani and Anju Motwani are part of team.

Here is the list of BookMyForex's board of directors:

Name	Type	Representing	Status	Duration
Sudarshan Motwani	Team	-	Current	14y 5m
Anju Motwani	Team	-	Current	14y 5m
ykyqpav	Team	-	Past	4y 2m
Aditya Parekh	Investor	Faering Capital	Current	7y 8m
cjlougm	Independent board member	-	Past	9y 6m

View details of BookMyForex's Founder profiles and Board Members

BookMyForex's employee count trend

BookMyForex has 241 employees as of Aug 25. The total employee count is 28.0% more than what it was in Aug 24. Here is BookMyForex's employee count trend over the years:

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Top competitors of BookMyForex include Azimo, NALA and Euronet Worldwide. Here is the list of Top 10 competitors of BookMyForex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Azimo 2012, London (United Kingdom), Acquired	Banking channel for cross-border money transfers	$68.8M	Rakuten Capital, Greycroft & 30 others	75/100
2nd	NALA 2017, Nairobi (Kenya), Series A	Online cross-border remittance platform for individuals	$50.1M	Accel, Acrew Capital & 20 others	71/100
3rd	Euronet Worldwide 1994, Leawood (United States), Funding Raised	Electronic payments provider	-	Advent International, Innova Capital & 1 others	71/100
4th	WireBarley 2016, Seoul (South Korea), Series B	Online platform for cross-border money transfer	$16M	DT&Investment, Shinsegae & 7 others	69/100
5th	BookMyForex 2011, Gurugram (India), Acquired	Online Money Exchange and Remittances	$5.59M	Faering Capital & 3 others	69/100
6th	Moin 2016, Seoul (South Korea), Series A	Blockchain-based remittance service.	$2.42M	Honest Ventures, The Wells Investment & 6 others	67/100
7th	Global66 2018, Santiago (Chile), Series A	Cross-border money transfer platform	$16.2M	Quona, Venrex & 6 others	66/100
8th	LMAX Exchange 2007, London (United Kingdom), Seed	Operator of institutional exchanges for foreign exchange and digital assets	$300M	GVIM, SVB & 1 others	66/100
9th	OFX 1998, Sydney (Australia), Public	International money transfer service provider.	-	Accel, The Carlyle Group	65/100
10th	Pangea Money Transfer 2012, Chicago (United States), Acquired	Fast, secure, and affordable international money transfers you can trust	$20.4M	Chicago Ventures, Avocation Investments & 12 others	62/100

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Founders own 34.10%, Funds (largest shareholder) own 53.20% and Angels own 8.10%. The net worth of BookMyForex's founders is INR 23.7Cr as of Mar 02, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.10%	23.7Cr	1261747	8077383	1293964	5109358
Anju Motwani	3140525	1795379	6933985	1757451	6064658	2914384
Sudarshan Motwani	9067019	7886563	9582301	4023135	4406608	4342110
Nitin Motwani	0	0	0	0	0	0
Fund	53.20%	36.9Cr	3783316	2151247	4159339	4868853
Faering Capital	7447476	7610545	9031101	6920662	7982701	4546716
Angel	8.10%	5.62Cr	6787877	7729859	1880716	9770501
Total	95.40%	66.2Cr	9713357	5159155	5841865	6788531