Startups
Citrus Pay is leading the revolution towards mobile and digital payments across all spheres of a consumer’s life. Being led by Amrish Rau and Jitendra Gupta, it is India’s fastest growing fintech company that provides consumer payments and mobile banking services. Citrus Pay partners with the top airlines, utilities, marketplaces, and 10000 other merchants to enable seamless, secure payments for 25 million consumers. We are known for introducing industry-first payment solutions such as 1-click checkout, wallet for cabs, consumer analytics, native mobile app payments etc. Few of the credible merchants associated with Citrus are Pune Municipal Corporation, Delhi Metro, Delhi Jal Board, PVR, INOX, BookMyShow, ShopClues, Jet Airways, Indigo, GoAir, Runnr, Faasos, Grofers, ZoomCar, Airtel, etc. We bring to the table the complete stack of payment architecture and much more. A few key things being: 1) A super charged SaaS platform built to handle the unique needs of emerging markets 2) India’s best smartphone-centric payment solutions 3) India ’s most popular online consumer wallet 4) Comprehensive payment processing for all popular Indian payment modes Constant innovation is the norm at Citrus Pay as it streamlines checkout flows, promises absolute security for consumers, guarantees great payment services to thousands of merchants, handles millions of transactions per month, and optimizes online purchases for the modern smartphone and tablet wielding Indian consumer.
Overview
Location
India, Maharashtra, Mumbai
Employees
201-500
Total raised
$25M
Founded date
2011
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 17
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| Jun 5, 2024 | Turkey Fintech: Sipay Raises $15 Million Series A | Sipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round. Sipay states that investors participating in the round include Jitendra Gupta of Citrus Pay and Jupiter, Amrish Rau... |
| Mar 15, 2018 | Funding News: CitrusPay Raises $5.5M, Birds Eye Raises Series A, Ufaber Edutech Secures Seed Funding | Mobile Payments Solutions Company Citrus Pay has raised USD 5.5 million of second round of funding from econtext Asia Limited and Beenos Asia Pte. Ltd. They have come on board as strategic investors. Their existing investors Sequoia Capital... |
| Oct 6, 2016 | A Chinese firm could buy Twitter in the coming wave of cross-border tech acquisitions | By Paul X. McCarthy As the financial media speculates about Twitter being acquired by Salesforce, Alphabet (formerly Google) or even Apple, companies outside the Californian tech scene have received little attention as potential suitors. Th... |
| Sep 17, 2016 | M&A roundup - week ending 9/17/16 | Glooko merged with Diasend; Salesforce bought gravitytank; Concur acquire Hipmunk Diabetes monitoring platform Glooko merged with competitor Diasend . No financial terms of the deal were disclosed. The newly merged companies will continue t... |
| Sep 14, 2016 | Naspers’ PayU buys Citrus Pay for $130M in cash to expand in India | Hundreds of millions of dollars of investment have been put into commerce startups in the fast-growing market of India, from marketplaces like Flipkart and Snapdeal through to payment startups like PayTM. Now one of the more interesting of ... |
| Dec 9, 2015 | India: On-demand concierge service JoeHukum raises seed funding from TraxcnLabs, others | Premium On-demand concierge service provider JoeHukum (formerly GoGetSpeedy) received seed fund from TraxcnLabs and other private angels led by Jitendra Gupta of Citrus Payments and Prashant Tandon of HealthKart. Continue reading this story... |
| Oct 19, 2015 | Daily funding roundup - October 19, 2015 | Citrus Payment raised $25M; iControl Universal closed $20M growth capital; Cube26 secured $7.7M Delhi-based online holiday destination discovery platform Holidify has raised $100,000 (about Rs 65 lakh) in an angel funding round led by the p... |
| Oct 6, 2015 | WorkIndia raises $500k from founders of Citrus Pay, Venture Works, and others | Premium WorkIndia, a geo-positioning based product company in the blue/grey collar segment, has raised $500,000 in pre-Series A funding led by Citrus Pay founder Satyen Kothari, Venture Works India founder Keshav Sanghi, and Discovery Capit... |
| Dec 9, 2013 | Citrus Payments raises $5.5 million in funding | Citrus Payments, a Mumbai, India-based payments technology firm, has raised $5.5 million in funding from a group of investors, Business Today reports. Participants in Citrus Payments' second funding round include econtext Asia, a Japanese o... |
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FAQ about Citrus Payment Solutions Pvt. Ltd
When was Citrus Payment Solutions Pvt. Ltd founded?
Citrus Payment Solutions Pvt. Ltd was founded in 2011.
How much funding has Citrus Payment Solutions Pvt. Ltd raised?
Citrus Payment Solutions Pvt. Ltd has raised $25M in total across 1 funding round.
What has the press written about Citrus Payment Solutions Pvt. Ltd?
Parsers VC has collected 17 articles mentioning Citrus Payment Solutions Pvt. Ltd, among them “Turkey Fintech: Sipay Raises $15 Million Series A” (Jun 5, 2024) and “Funding News: CitrusPay Raises $5.5M, Birds Eye Raises Series A, Ufaber Edutech Secures Seed Funding” (Mar 15, 2018).
Is Citrus Payment Solutions Pvt. Ltd still active?
Yes, Citrus Payment Solutions Pvt. Ltd is active; its latest activity on Parsers VC dates from Feb 13, 2025.