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PayGlocal - About the company

PayGlocal is a series B company based in Bengaluru (India), founded in 2021 by Prachi Dharani, Yogesh Lokhande and Rohit Sukhija. It operates as a Provider of cross-border payment solutions facilitating international commerce for businesses. PayGlocal has raised $17M in funding from Peak XV Partners and Tiger Global Management, with a current valuation of *****. The company has 12 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Cleeng, Curlec and CCAvenue.

Company Details

Provider of cross-border payment solutions facilitating international commerce for businesses. It offers multi-currency accounts and various global payment methods. The company provides payment collection, checkout, and recurring payment services. It also offers fraud detection and risk management.
Social
XFacebook
Email ID
*****@payglocal.in, *****@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 2 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
116 as on Aug 31, 2025
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PayGlocal's funding and investors

PayGlocal has raised a total funding of $17M over 2 rounds. Its first funding round was on Apr 27, 2021. Its latest funding round was a Series B round on Jun 04, 2022 for $*****. 10 investors participated in its latest round. PayGlocal has 5 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of PayGlocal:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 04, 2022
9700465
Series B
3562561
3131707
1060658
7051796
Apr 27, 2021
4778191
Series A
9244977
8745765
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PayGlocal's founders and board of directors

Founder? Claim Profile
The founders of PayGlocal are Prachi Dharani, Yogesh Lokhande 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. Prachi Dharani, Yogesh Lokhande and Rohit Sukhija are part of team.
Here is the list of PayGlocal's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 2m
Team
-
Current
5y 2m
Team
-
Current
5y 2m

PayGlocal's employee count trend

PayGlocal has 116 employees as of Aug 25. The total employee count is 43.0% more than what it was in Aug 24. 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 Cleeng, Curlec and CCAvenue. 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 Cleeng
Cleeng
2011, Amsterdam (Netherlands), Series B
Provider of subscriber management system
$7.55M
58/100
2nd
Logo for Curlec
Curlec
2018, Kuala Lumpur (Malaysia), Acquired
Automated payment collection solution
-
57/100
3rd
Logo for PayGlocal
PayGlocal
2021, Bengaluru (India), Series B
Provider of cross-border payment solutions facilitating international commerce for businesses
$17M
53/100
4th
Logo for CCAvenue
CCAvenue
2001, Gandhinagar (India), Series A
Provider of payment gateway solutions, invoice payments, and subscription management
$6.7M
53/100
5th
Logo for RocketPay
RocketPay
2022, Bengaluru (India), Seed
App-based recurring payment collection solutions for businesses
$2.02M
49/100
6th
Logo for paycorp.io
paycorp.io
2020, Bengaluru (India), Unfunded
Developer of an API-based banking platform
-
-
37/100
7th
Logo for Lapay
Lapay
Kochi (India), Unfunded
Operator of a platform facilitating online payments between parties
-
-
24/100
8th
Logo for Aucurx
Aucurx
Bengaluru (India), Unfunded
Provider of automated recurring payment solution simplifying subscription management and collection
-
-
24/100
9th
Logo for Transact Bridge
Transact Bridge
2023, Noida (India), Unfunded
Provider of merchant record services for digital payment processing infrastructure
-
-
21/100
10th
Logo for Feeable
Feeable
2025, Bengaluru (India), Unfunded
Web-based fee collection platform
-
-
21/100
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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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.86%
422Cr
1266523
4147325
6699413
3692826
1727174
3889311
6321294
2903028
2673682
1985765
6390120
5696840
3108061
6200786
6322813
7950333
7249428
2927847
2276831
4664489
6275550
4640531
Fund
34.23%
296Cr
3173507
3333270
5026060
7156956
3965184
7665109
6335276
1710240
8630038
7850190
17222
78211
83021
38568
45289
10827
Angel
10.16%
87.8Cr
5368711
5951013
9309588
2663067
949
136
675
661
515
100
Other People
0.06%
50.1L
0
0
0
0
ESOP Pool
6.68%
57.7Cr
889859
574509
194853
893496
Total
99.99%
864Cr
2260698
4621750
8576907
1304289
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of PayGlocal's Shareholding

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

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