When was RocketPay founded?

RocketPay was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is RocketPay located?

RocketPay is headquartered in Bengaluru, India. It is registered at 365 Shared Space, First Floor, No. 917, Sector 7, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Which legal entities is RocketPay associated with?

RocketPay is associated with ABSIRD FINANCIAL TECHNOLOGIES PRIVATE LIMITED.

How many employees does RocketPay have?

As of May 31, 2026, the latest employee count at RocketPay is 57.

Is RocketPay a funded company?

RocketPay is a funded company, having raised a total of $2.02M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 01, 2022.

How much is RocketPay worth?

The latest valuation of RocketPay is ₹***** as of Nov 08, 2024.

When was the latest funding round of RocketPay?

RocketPay's latest funding was a $***** Seed round on Nov 08, 2024, with participation from 2 investors. Its primary sector is Payments. In India, the Payments sector has seen $137M in funding in 2026 to date.

What is the annual revenue of RocketPay?

Annual revenue of RocketPay is less than ₹10 Cr as on Mar 31, 2025

Where does RocketPay rank among its competitors?

RocketPay ranks 6th amongst 31 active competitors, of which 7 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was CredFlow, which secured $142K in Jan, 2026.

Who are the top competitors of RocketPay?

RocketPay's top competitors include CredFlow, Cleeng and Curlec. Among them, CredFlow secured the most recent funding round in January, 2026.

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

RocketPay is a seed company based in Bengaluru (India), founded in 2022 by Arpit Bajpai, Rishav Dokania, Ishan Sharma and Kishorkumar Chabhadiya. It operates as an App-based recurring payment collection solutions for businesses. RocketPay has raised $2.02M in funding from investors like Utsav Somani, Relentless Ventures and SiriusOne, with a current valuation of ₹*****. The company has 31 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like CredFlow, Cleeng and Curlec.

Company Details

App-based recurring payment collection solutions for businesses. It is a digital payment application that enables businesses to manage credit collection, automatically sending and receiving payments on a set schedule. The platform is designed to simplify transactions and convenience for both businesses and customers. With its interface and automated payment processing, it aims to revolutionize the way businesses manage their finances. Its app is available for Android users.

Website: rocketpay.co.in
Social
Email ID: *****@rocketpay.co.in
Phone Number: +91 **********
Part Of
Registered Address: 365 Shared Space, First Floor, No. 917, Sector 7, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2022

Location

Bengaluru, India

Stage

Seed

Total Funding

$2.02M in 3 rounds

Latest Funding Round

Seed, Nov 08, 2024, $*****

Post Money Valuation

₹***** as on Nov 08, 2024

Investors

Utsav Somani & 52 more

Ranked

6^th among 31 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

57 as on May 31, 2026

Similar Companies

GoCardless & 448 more

View RocketPay's full profile

RocketPay is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ABSIRD FINANCIAL TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2022PTC160353 , India, Active	Apr 22, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-

RocketPay has raised a total funding of $2.02M over 3 rounds. Its first funding round was on Sep 01, 2022. Its latest funding round was a Seed round on Nov 08, 2024 for $*****. 2 investors participated in its latest round. RocketPay has 25 institutional investors and 28 angel investors.

Here is the list of recent funding rounds of RocketPay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 08, 2024	3435502	Seed	9484062	8982180	8997109	2554267
Oct 04, 2023	2844666	Seed	3053915	8116673	6829364	QED Innovation Labs & 18 more
Sep 01, 2022	8782272	Seed	3524173	9655626	Utsav Somani	All In Capital & 19 more

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View details of RocketPay's funding rounds and investors

The founders of RocketPay are Arpit Bajpai, Rishav Dokania, Ishan Sharma and Kishorkumar Chabhadiya.

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

Arpit Bajpai: Co-Founder of RocketPay and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address and 2 phone numbers
Rishav Dokania: Co-Founder of RocketPay and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address
Ishan Sharma: Co-Founder of RocketPay and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Kishorkumar Chabhadiya: Co-Founder & CTO of RocketPay.
Contact Info: 1 phone number

RocketPay's Board of Directors

RocketPay's board has 3 active members. Arpit Bajpai, Rishav Dokania and Ishan Sharma are part of team.

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

Name	Type	Representing	Status	Duration
Arpit Bajpai	Team	-	Current	4y 2m
Rishav Dokania	Team	-	Current	4y 2m
Ishan Sharma	Team	-	Current	4y 2m

View details of RocketPay's Founder profiles and Board Members

RocketPay's employee count trend

RocketPay has 57 employees as of May 26. Here is RocketPay's employee count trend over the years:

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Top competitors of RocketPay include CredFlow, Cleeng and Curlec. Here is the list of Top 10 competitors of RocketPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CredFlow 2019, Noida (India), Series A	Comprehensive cash flow management platform for small and medium-sized enterprises	$13.1M	Foy, Trifecta Capital & 12 others	60/100
2nd	Cleeng 2011, Amsterdam (Netherlands), Series B	Provider of subscriber management system	$7.55M	Walvis, VOCCP & 3 others	58/100
3rd	Curlec 2018, Kuala Lumpur (Malaysia), Acquired	Automated payment collection solution	-	Captii Ventures, 500 Global & 3 others	57/100
4th	CCAvenue 2001, Gandhinagar (India), Series A	Provider of payment gateway solutions, invoice payments, and subscription management	$6.7M	Infibeam Avenues	55/100
5th	PayGlocal 2021, Bengaluru (India), Series B	Provider of cross-border payment solutions facilitating international commerce for businesses	$17M	Peak XV Partners, Tiger Global Management ... & 23 others	53/100
6th	RocketPay 2022, Bengaluru (India), Seed	App-based recurring payment collection solutions for businesses	$2.02M	Blume Venture, Angel List & 51 others	49/100
7th	Kapittx 2019, Pune (India), Seed	AI-powered AR software for automation solutions	$642K	Upekkha, Up Funds & 13 others	42/100
8th	TrackPayout 2020, Pune (India), Unfunded	Payment collection and reminder software for businesses	-	-	40/100
9th	Bill Cloud 2013, Pune (India), Seed	Platform for enterprises to collect bills from customers through offline & online channels	$172K	Gb Mediacom, Maha Mediacom Internet & 7 others	39/100
10th	paycorp.io 2020, Bengaluru (India), Unfunded	Developer of an API-based banking platform	-	-	37/100

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Founders (largest shareholder) own 53.49%, Funds own 30.54%, Enterprises own 4.01% and Angels own 2.45%. The net worth of RocketPay's founders is INR 25.7Cr as of Nov 08, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.49%	25.7Cr	5865178	9057091	9322524	5884835
Rishav Dokania	6705359	1827170	8216711	9786498	6216741	4057020
Arpit Bajpai	1625825	6978192	1624942	2707513	4842253	9432358
Ishan Sharma	1571537	1801988	9315355	5136199	4905864	8314886
Fund	30.54%	14.7Cr	6993307	9090843	6373224	7643170
Relentless Ventures	5808	1346	6210	2015	9452	2743
Utsav Somani	282727	521259	987953	766113	328393	223645
All In Capital	2526	4846	1077	5838	6022	2628
Enterprise	4.01%	1.93Cr	3826	6247	2109	8245
Angel	2.45%	1.19Cr	78	79	61	63
Other People	1.64%	79L	4	6	4	8
ESOP Pool	7.82%	3.75Cr	9123889	9556422	5759925	9169740
Total	99.95%	48Cr	3126307	7861282	2816091	4389927