Citrus Pay’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Citrus is an online payment gateway that enables users to transact money through banking cards. Read more

9,256 Followers on Owler
9,256 Followers on Owler
9,256 Followers on Owler
9,256 Followers on Owler

Citrus is an online payment gateway that enables users to transact money through banking cards. Read more

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Founded:

2010

Status:

PrivateSubsidiary of PayU

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Razorpay is perceived as one of Citrus Pay's biggest rivals. Razorpay was founded in 2014 in Bangalore, Karnataka. Razorpay is in the Internet Software field. Razorpay generates $12.7M more revenue than Citrus Pay.

DirecPay is Citrus Pay's #2 rival. DirecPay is a Product/Brand/Service company that was founded in 2008 in Mumbai, Maharashtra. DirecPay competes in the Diversified Financial Services industry. Compared to Citrus Pay, DirecPay has 290 fewer employees.

CCAvenue is one of Citrus Pay's top competitors. CCAvenue's headquarters is in Mumbai, Maharashtra, and was founded in 2001. CCAvenue operates in the IT Services industry. CCAvenue generates 33% of Citrus Pay's revenue.

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Is Paytm a competitor of Citrus Pay?

Acquisitions

No recent acquisitions found related to Citrus Pay

Citrus Pay Funding History

$0$7.5M$32.5M

Since Citrus Pay was founded in 2010, it has participated in 4 rounds of funding. In total Citrus Pay has raised $32.5M. Citrus Pay's last funding round was on Oct 2015 for a total of $25.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series C
Oct 2015
$25M
Series B
Dec 2013
$5.5M

econtext Asia Ltd.

Series A
Mar 2013
$2M
Angel
Apr 2011
--
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Since Citrus Pay was founded in 2010, it has participated in 4 rounds of funding. In total Citrus Pay has raised $32.5M. Citrus Pay's last funding round was on Oct 2015 for a total of $25.0M

Investments

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DESCRIPTION

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EXIT DATE

SpotDraft develops an AI-based platform that provides automated remainder and payment solutions for businesses.
$550K
Oct 24, 2017
Seed
-

Citrus Pay News

October 30, 2019Inc42 Magazine

PayU Enters Indian Wealthtech Segment With $11 Mn Investment In Fisdom

International payments business PayU, on October 30, announced that it has picked up a minority stake... See more »
May 30, 2018Livemint

Citrus Pay founder Jitendra Gupta on the app's beginnings and its future

Citrus Pay started out of an office in the basement of a building in Vile Parle, which didn't even ha... See more »
May 17, 2018BW DISRUPT

Citrus Pay Founder Discusses Entrepreneur Lessons that Helped in New Venture, Cube

"Knowing when to launch to market is also critical...Similarly, knowing when to sell a company is als... See more »
February 12, 2018The Economic Times

'A pivot brought us to the right route'

While we had raised money on the back of the Citrus payments business, there were concerns amongst in... See more »
November 30, 2017WardsAuto

PepPod energy tablets available now on RonnieColemanNutrition.com

DENVER, Nov. 30, 2017 /PRNewswire/ -- Citrus and berry flavored PepPod, a dissolvable, plant-based en... See more »
September 11, 2017The Economic Times

'Don't compromise on company vision when you sell or merge'

The combined entity, wholly owned by South Africa's internet and media conglomerate Naspers, is now b... See more »
September 11, 2017The Economic Times

Citrus Pay founders

"Timing of sale depends on your ambition, experience during the journey and how the market dynamics a... See more »

Citrus Pay Blogs

December 27, 2016Citrus Blog

404 - Common Errors in online payments

"To err is human; to forgive, divine" Softwares are constantly improving towards perfection. The impr... See more »
December 19, 2016Citrus Blog

Checkout the Checkout Options!

Are you in between deciding payment checkout options? We could help you decide. Web Checkouts: Need a... See more »
December 14, 2016Citrus Blog

Unified Payments Interface for Merchants and Customers

UPI - Unified Payments Interface, is a new payment mechanism introduced by the RBI through the NPCI. ... See more »
December 6, 2016Citrus Blog

Frequently Asked Questions about United Payment Interface (UPI)

What is UPI Unified Payments Interface is a new cashless payment method introduced by the National Pa... See more »
November 26, 2016Citrus Blog

Now Accept Payments using Unified Payment Interface

Unified Payment Interface is what is going to ease our transition during the demonetization. It is a ... See more »
November 22, 2016Citrus Blog

The Changing world of Payments

Change is the only constant they said, well said we would say. After the recent Demonetization of the... See more »
November 15, 2016Citrus Blog

Have You gone Digital with Payments?

While Cash is still the most sought after payment method, the recent demonetization move has given a ... See more »

Citrus Pay Press Releases

September 18, 2015PR NEWSWIRE

India Mobile Wallet Market Forecast and Opportunities, 2020 - Growing Penetration of Mobile Value Added Services to Drive Mobile Wallet Market

DUBLIN, Sept. 17, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/resear... See more »
July 6, 2015WEB NEWSWIRE

4th Annual CAMOFAB- Food & Beverage Meet hosted by Citrus Hotels, Bhiwadi

Citrus, India's newest chain of hotels, A Mirah Group Venture hosted their 4th annual Food & Beverage... See more »
June 8, 2015WEB NEWSWIRE

Offers introductory wallet credits to new users

India's largest Food Technology Company, Faasos has recently tied up with Citrus Pay for payments on ... See more »
May 19, 2015PR FIRE

ixigo partners with Citrus Pay for Cashback Offer on Flights & Hotels

May 18, 2015: ixigo.com, India's leading mobile travel marketplace, has partnered with Citrus Pay to ... See more »
April 23, 2015WEB NEWSWIRE

Project Flight

There's no point serving grapes to a market that craves wine. That's exactly why we at Citrus Payment... See more »
March 25, 2015PR NEWSWIRE

Global Mobile Wallet Market 2015-2019

NEW YORK, March 25, 2015 /PRNewswire/ -- About Mobile Wallet Mobile wallets are electronic accounts t... See more »

Citrus Pay Videos

Social Media

Headquarters

SV Road Viraj Building, 3rd Floor, Above HDFC Bank Branch

Mumbai, Maharashtra400052

0124-6786285

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Summary

ABOUT

Overview

Citrus Payment Solutions Private Limited is an online payment gateway that enables users to transact money through banking cards. Founded in 2010 and headquartered in Khar, Maharashtra, India, it makes digital payments and online checkout processes si...

Website

citruspay.com

Frequently Asked Questions about Citrus Pay

  1. When was Citrus Pay founded?

    Citrus Pay was founded in 2010
  2. How much revenue does Citrus Pay generate?

    Citrus Pay generates $15M in revenue
  3. How much funding does Citrus Pay have?

    Citrus Pay has historically raised $32.5M in funding
  4. Where is Citrus Pay's headquarters?

    Citrus Pay's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does Citrus Pay have?

    Citrus Pay has 300 employees
  2. What sector does Citrus Pay operate in?

    Citrus Pay is in Transaction Services
  3. Who are Citrus Pay's competitors?

    Citrus Pay's top competitors are Razorpay, DirecPay, CCAvenue
  4. Who has Citrus Pay invested in?

    Citrus Pay's has invested in companies such as SpotDraft