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Zilra - About the company

Zilra is a seed company based in Walnut (United States), founded in 2017 by Muthukumar Marappan and Tony Varghese. It operates as a Platform offering cross border business payment solutions. Zilra has raised $16.6K in funding from Rainmaking, with a current valuation of $*****. The company has 855 active competitors, including 115 funded and 42 that have exited. Its top competitors include companies like Wise, Payoneer and Remitly.

Company Details

Platform offering cross border business payment solutions. It helps individuals and businesses to make virtual payments. It trades in a centralized virtual currency with a constant exchange value that can be virtually transferred to multiple banking accounts.
Social
XFacebook
Email ID
*****@zilra.co
Registered Address
16, Medavakkam tank road, Kellys, Chennai, Chennai, Tamil Nadu, India, 600010
Key Metrics
Founded Year
2017
Location
Walnut, United States
Stage
Seed
Total Funding
$16.6K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 23, 2018
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
1 - 10 as on Jul 01, 2024
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Zilra's funding and investors

Zilra has raised a total funding of $16.6K over 2 rounds. Its first funding round was on Jan 23, 2017. Its latest funding round was a Seed round on Apr 23, 2018 for $*****. 1 investor participated in its latest round. Zilra has 3 institutional investors.

Here is the list of recent funding rounds of Zilra:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 23, 2018
1138628
Seed
3289466
4713734
5862631
6913223
Jan 23, 2017
3156121
Grant (prize money)
1601254
8784973
4731362
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Zilra's founders and board of directors

Founder? Claim Profile
The founders of Zilra are Muthukumar Marappan and Tony Varghese.
Here are the details of Zilra's key team members:

Zilra's employee count trend

Zilra has 1 - 10 employees as of Jul 24. Here is Zilra's employee count trend over the years:
Employee count trend for Zilra
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Zilra's Competitors and alternates

Top competitors of Zilra include Wise, Payoneer and Remitly. Here is the list of Top 10 competitors of Zilra, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$1.03B
87/100
2nd
Logo for Payoneer
Payoneer
2005, New York City (United States), Acquired
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
84/100
3rd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
4th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
82/100
5th
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
79/100
6th
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
77/100
7th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
8th
Logo for Xoom
Xoom
2001, San Francisco (United States), Acquired
Provider of online service for international money transfers, bill payments
$106M
75/100
9th
Logo for Remessa Online
Remessa Online
2016, Sao Paulo (Brazil), Acquired
Provider of international money transfer services for individuals and businesses
$21.5M
73/100
10th
Logo for Kadmos
Kadmos
2021, Germany, Acquired
Provider of a platform for managing and automating international salary payments
$38.9M
73/100
196th
Logo for Zilra
Zilra
2017, Walnut (United States), Seed
Platform offering cross border business payment solutions
$16.6K
31/100
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Zilra's Latest cap tables and shareholding

Founders (largest shareholder) own 96.00% and Funds own 4.00%. The net worth of Zilra's founders is INR 2.64Cr as of Apr 23, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
96.00%
2.64Cr
4569787
9177703
1406150
1472172
1352667
9808059
8194828
9650046
9510150
4466564
Fund
4.00%
11L
8035
5166
9364
7372
9647
8465
5780
7196
7383
6047
Total
100.00%
2.75Cr
2292448
6170696
3856119
1852495
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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
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Zilra's Investments and acquisitions

Zilra has made no investments or acquisitions yet.

Reports related to Zilra

Here is the latest report on Zilra's geography:

News related to Zilra

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