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, BookMyForex has 241 employees, reflecting a 28% year-over-year growth in headcount.

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. Its primary sector is Digital Remittance. In India, the Digital Remittance sector has seen $16.6M in funding in 2026 to date.

What is the annual revenue of BookMyForex?

Annual revenue of BookMyForex is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does BookMyForex rank among its competitors?

BookMyForex ranks 4th amongst 350 active competitors, of which 40 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was NALA, which secured $25M in May, 2026.

Who are the top competitors of BookMyForex?

BookMyForex's top competitors include NALA, WorldRemit and WireBarley. Among them, NALA secured the most recent funding round in May, 2026.

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

BookMyForex is an acquired company based in Gurugram (India), founded in 2011 by Sudarshan Motwani. It operates as an Online Money Exchange and Remittances. BookMyForex has raised $5.59M in funding from Faering Capital, with last known valuation of $*****. The company has 350 active competitors, including 40 funded and 27 that have exited. Its top competitors include companies like NALA, WorldRemit and WireBarley.

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

4^th among 350 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

241 as on Aug 31, 2025

Similar Companies

NALA & 588 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	Reports
BOOK MY FOREX PRIVATE LIMITED CIN: U74999HR2011PTC043950 , India, Active	Sep 23, 2011	₹10 - ₹50 Cr (As on Mar 31, 2025)	241 (As on Aug 31, 2025)

BookMyForex got acquired by Tripmoney on Apr 05, 2022.

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	3709930	Series A	4870852	1019638	3631265	3297529
May 03, 2019	7761164	Series A	8679424	2660784	6129723	6831726
Feb 05, 2016	2435670	Series A	4077346	6188259	Faering Capital	2545179

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View details of BookMyForex's funding rounds and investors

The founders of BookMyForex is Sudarshan Motwani. Sudarshan Motwani is the CEO of BookMyForex.

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

Sudarshan Motwani: Founder and CEO of BookMyForex. They serve on the board of 1 company.
Contact Info: 1 phone number

BookMyForex's Board of Directors

BookMyForex's board has 4 active members. Nitin Motwani, Aditya Deepak 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 11m
Anju Motwani	Team	-	Current	14y 11m
mfqqtzg	Team	-	Past	3y 1m
Aditya Deepak Parekh	Investor	Faering Capital	Current	8y 2m
ahwkzpb	Independent board member	-	Past	2y 8m

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 NALA, WorldRemit and WireBarley. 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	NALA 2017, Nairobi (Kenya), Series A	Online cross-border remittance platform for individuals	$50.2M	Accel, Amplo & 21 others	73/100
2nd	WorldRemit 2010, London (United Kingdom), Series D	Digital money transfer service sending funds quickly across borders	$365M	TCV, Accel & 47 others	72/100
3rd	WireBarley 2016, Seoul (South Korea), Series B	Online platform for cross-border money transfer	$16M	DT&Investment, Shinsegae & 7 others	70/100
4th	BookMyForex 2011, Gurugram (India), Acquired	Online Money Exchange and Remittances	$5.59M	Faering Capital & 3 others	69/100
5th	LMAX Exchange 2007, London (United Kingdom), Seed	Operator of institutional exchanges for foreign exchange and digital assets	$300M	SVB, GVIM & 1 others	67/100
6th	Moin 2016, Seoul (South Korea), Series A	Blockchain-based remittance service.	$2.42M	Capstone Partners, Strong Ventures & 7 others	67/100
7th	OFX 1998, Sydney (Australia), Public	International money transfer service provider.	-	Accel, The Carlyle Group	66/100
8th	Viamericas 1999, Bethesda (United States), Series B	Remittance service in Latin America.	$18.6M	IFC, Global Brain & 4 others	63/100
9th	Aspora 2022, London (United Kingdom), Series B	Provider of digital platforms for international electronic money transfer services	$95.5M	Sequoia Capital, Hummingbird Ventures & 10 others	63/100
10th	Azimo 2012, Amsterdam (Netherlands), Acquired	Banking channel for cross-border money transfers	$68.8M	Rakuten Capital, Greycroft & 30 others	60/100

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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	4578335	3755509	9103526	8090820
Sudarshan Motwani	7049330	7236085	5292346	4728359	4776849	9867229
Fund	53.20%	36.9Cr	3248699	9897662	1953220	4535619
Faering Capital	4446119	9345007	8976066	2030928	4846448	4283651
Angel	8.10%	5.62Cr	7841607	7921831	2259621	5486404
Total	95.40%	66.2Cr	8941976	6535568	7579881	5319333