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PayGlocal - About the company

PayGlocal is a series B company based in Bengaluru (India), founded in 2021 by Ruby Jain and Rohit Sukhija. It operates as a Provider of cross-border payment infrastructure and international payment gateway solutions. PayGlocal has raised $17M in funding from Peak XV Partners and Tiger Global Management, with a current valuation of $*****. The company has 569 active competitors, including 96 funded and 28 that have exited. Its top competitors include companies like Payoneer, Airwallex and Ebury.

Company Details

Provider of cross-border payment infrastructure and international payment gateway solutions. The platform offers a comprehensive suite of tools for businesses to manage international payment collections, recurring billing, and multi-currency accounts. It facilitates seamless transactions through intelligent payment routing, fraud prevention, and localized checkout experiences. The infrastructure supports various payment methods, including cards and alternate payment options, while automating compliance documentation for inward and outward remittances. By integrating these services, businesses can streamline their global financial operations and improve transaction success rates across multiple markets.
Social
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Email ID
*****@payglocal.in
Phone Number
+91 **********
Registered Address
6048, PRESTIGE SHANTINIKETAN, ITPL MAIN ROAD WHITEFIELDS, Bangalore, Bengaluru, Karnataka, India, 560048
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Series B
Total Funding
$17M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 14, 2022
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
167 as on May 01, 2026
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PayGlocal's funding and investors

PayGlocal has raised a total funding of $17M over 5 rounds. Its first funding round was on Apr 27, 2021. PayGlocal has 5 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of PayGlocal:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 10, 2026
7181441
Series B
4088120
1535044
8966262
3038012
May 10, 2026
7120195
Conventional Debt
6475243
5508811
7600265
4351517
Jun 18, 2022
2123155
Series B
1748914
9022182
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PayGlocal's founders and board of directors

Founder? Claim Profile
The founders of PayGlocal are Ruby Jain and Rohit Sukhija. Prachi Dharani is the CEO of PayGlocal.
Here are the details of PayGlocal's key team members:

PayGlocal's Board of Directors

PayGlocal's board has 3 active members. Rohit Sukhija, Prachi Narendra Dharani and Yogesh Manohar Lokhande are part of team.
Here is the list of PayGlocal's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 7m
vfbgirp
Team
-
Current
6y 4m
rpiuero
Team
-
Current
1y 4m

PayGlocal's employee count trend

PayGlocal has 167 employees as of May 26. The total employee count is 72.0% more than what it was in May 25. Here is PayGlocal's employee count trend over the years:
Employee count trend for PayGlocal
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PayGlocal's Competitors and alternates

Top competitors of PayGlocal include Payoneer, Airwallex and Ebury. Here is the list of Top 10 competitors of PayGlocal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Payoneer
Payoneer
2005, New York City (United States), Acquired
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
85/100
2nd
Logo for Airwallex
Airwallex
2015, Singapore (Singapore), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
84/100
3rd
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
80/100
4th
Logo for PayU
PayU
2002, Amsterdam (Netherlands), Funding Raised
Provider of online payment solutions and financial services for businesses
-
75/100
5th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
75/100
6th
Logo for XTransfer
XTransfer
2017, Shanghai (China), Series D
Provider of cross-border trade payment platform for global businesses
$168M
74/100
7th
Logo for TazaPay
TazaPay
2020, Singapore (Singapore), Acquired
Provider of cross-border payment solutions for businesses to collect, hold, and pay seamlessly across the globe
$57.9M
72/100
8th
Logo for Skydo
Skydo
2022, Bengaluru (India), Series A
Digital platform enabling businesses to receive payments from overseas businesses
$20M
69/100
9th
Logo for Xflow
Xflow
2021, Bengaluru (India), Series A
Provider of infrastructure for processing and managing cross border payments
$32.8M
69/100
10th
Logo for InstaReM
InstaReM
2014, Singapore (Singapore), Series C
Cross-border money transfers for businesses and individuals
$5M
67/100
17th
Logo for PayGlocal
PayGlocal
2021, Bengaluru (India), Series B
Provider of cross-border payment infrastructure and international payment gateway solutions
$17M
64/100
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PayGlocal's Latest cap tables and shareholding

Founders (largest shareholder) own 48.86%, Funds own 34.23%, Angels own 10.16% and Other People own 0.06%. The net worth of PayGlocal's founders is INR 422Cr as of Jul 14, 2022. The cap table displayed below is for PAYGLOCAL TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with PayGlocal.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.86%
422Cr
3764619
2591752
8196053
1648339
1787402
2760001
5178692
1546934
2808880
9319601
Fund
34.23%
296Cr
2639103
7940903
4655115
1807630
5922779
8156575
5811946
2242978
6842957
9728481
29519
77122
43569
78405
57448
14564
Angel
10.16%
87.8Cr
2737552
4189889
1967725
3165845
660
321
450
245
710
505
76
30
21
34
47
12
Other People
0.06%
50.1L
0
0
0
0
ESOP Pool
6.68%
57.7Cr
225678
192440
628858
328010
Total
99.99%
864Cr
8377930
1764553
1734066
9369719
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

PayGlocal's Investments and acquisitions

PayGlocal has made no investments or acquisitions yet.

Reports related to PayGlocal

Here is the latest report on PayGlocal's sector:

News related to PayGlocal

lockFilter this list
Media has covered PayGlocal for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
PayGlocal boosts Codeyoung payment success rate to 95%Business Line•Jun 04, 2025•Codeyoung, PayGlocal
•
PayGlocal Teams Up with Shopify to Offer Inline Card PaymentsAsian News International•May 30, 2024•PayGlocal, Shopify
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