RocketPay - About the company
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 a Provider of automated payment collection infrastructure for recurring financial transactions. RocketPay has raised $3.33M in funding from investors like Utsav Somani, Relentless Ventures and SiriusOne, with a current valuation of ₹*****. The company has 26 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Recordent, Kapittx and TrackPayout.
Company Details
Provider of automated payment collection infrastructure for recurring financial transactions. This platform facilitates mandate-based payment processing through automated clearing systems and digital payment interfaces. It enables businesses to manage loan repayments, subscription fees, and trade credit collections by automating the debit process. The system integrates with accounting software to track payment status and manage receivables. Additionally, the technology includes device locking capabilities for financed hardware, allowing for remote activation upon payment default and release upon recovery. These tools support various business models by streamlining the collection cycle and reducing manual intervention in payment reconciliation.
- Website
- rocketpay.co.in
- Social
- Email ID
- *****@rocketpay.co.in
- Phone Number
- +91 **********
- 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
$3.33M in 5 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 08, 2026
Investors
Ranked
1st among 26 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
60 as on Sep 30, 2026
Legal entities associated with RocketPay
RocketPay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ABSIRD FINANCIAL TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2022PTC160353 , India, Active | Apr 22, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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RocketPay's funding and investors
RocketPay has raised a total funding of $3.33M over 5 rounds. Its first funding round was on Sep 01, 2022. Its latest funding round was a Seed round on Apr 09, 2026 for $*****. 18 investors participated in its latest round. RocketPay has 34 institutional investors and 45 angel investors.
Here is the list of recent funding rounds of RocketPay:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 09, 2026 | 6964307 | Seed | 2550171 | 5280181 | 5653340 | 5597392 |
Nov 08, 2024 | 9468353 | Seed | 5927674 | 2720927 | 5870890 | |
Feb 09, 2024 | 3700895 | Seed | 6072953 | 1756154 | 9365557 |
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RocketPay's founders and board of directors
Founder? Claim ProfileThe 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 |
|---|---|---|---|---|
Team | - | Current | 4y 5m | |
Team | - | Current | 4y 5m | |
Team | - | Current | 4y 5m |
View details of RocketPay's Founder profiles and Board Members
RocketPay's employee count trend
RocketPay has 60 employees as of Sep 26. Here is RocketPay's employee count trend over the years:
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RocketPay's Competitors and alternates
Top competitors of RocketPay include Recordent, Kapittx and TrackPayout. Here is the list of Top 10 competitors of RocketPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of automated payment collection infrastructure for recurring financial transactions | $3.33M | 50/100 | ||
2nd | Accounts receivables and credit management solutions for businesses | $400K | 45/100 | ||
3rd | AI-powered AR software for automation solutions | $642K | 45/100 | ||
4th |  TrackPayout 2020, Pune (India), Unfunded | Payment collection and reminder software for businesses | - | - | 39/100 |
5th |  Bill Cloud 2013, Pune (India), Seed | Platform for enterprises to collect bills from customers through offline & online channels | $172K | 37/100 | |
6th | Debt recovery service platform | $253K | 37/100 | ||
7th | Cloud-based billing & payments solutions for businesses | $221K | 33/100 | ||
8th |  Telrock 2002, London (United Kingdom), Unfunded | Digital solutions for consumer financial debts management | - | - | 31/100 |
9th | Sleek Bill 2013, Mumbai (India), Unfunded | Web-based invoicing software for freelancers | - | - | 29/100 |
10th |  udaanCapital 2017, Bengaluru (India), Funding Raised | App-based accounting, credit collection, and invoicing solutions for small & medium businesses | - | 29/100 |
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RocketPay's Investments and acquisitions
RocketPay has made no investments or acquisitions yet.
Reports related to RocketPay
Here is the latest report on RocketPay's sector:
News related to RocketPay
Media has covered RocketPay for 1 event in last 1 year.
•
RocketPay Raises Rs 10 Cr Led by Sandeep Jain and Group for ExpansionEntrackr•Oct 14, 2026•LVX, RocketPay
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