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Last Updated: Sep 1. 2025

RocketPay

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About the Company

RocketPay is India's first automatic credit collection app, trusted by over 300,000 businesses nationwide. It enables MSMEs to automate the collection of credit, fees, or EMIs directly from customers' bank accounts to their own, utilizing NACH and UPI 2.0 Autopay systems. Built on infrastructure developed by NPCI, RocketPay ensures transactions are 100% safe and secure. By setting up mandates at the point of sale, businesses can improve cash flow without the need for follow-ups or reminders. The app is supported by over 200 banks and UPI apps, offering customers multiple payment options. Founded in 2022, RocketPay has raised $766,000 in seed funding and operates with a team of 26 employees. To use RocketPay, businesses can download the app from the Play Store, create an e-Mandate by entering customer and payment details, share the mandate link with customers for approval, and receive payments directly into their accounts as per the set installment frequency.

Overall Details
Hourly Rate(INR)

Hourly Rate(INR):

NA

Budget(INR)

Budget(INR):

NA

Hourly Rate(USD)

Hourly Rate(USD):

< $25

Budget(USD)

Budget(USD):

$5000+

Employees

Employees:

20-49

Headquarters

Headquarters:

Bengaluru, India

Established

Established:

2022

Services Provided

Utilizing NACH and UPI 2.0 Autopay systems, RocketPay enables businesses to collect credit, fees, or EMIs directly from customers' bank accounts, enhancing cash flow without the need for follow-ups.

Provides a secure payment solution for businesses' platforms and mobile apps, allowing them to accept payments through various methods during checkout.

Allows businesses to create and manage subscription plans with automated recurring transactions, enabling automatic charges based on a set billing cycle.

Empowers businesses to collect payments through securely generated web links, shareable via SMS, email, WhatsApp, and other social media platforms.

Enables businesses to build fully customizable pages for customer payments, easily integrable into their websites or apps without extensive development efforts.

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Founder(s) Details

Arpit Bajpai-founder-RocketPay

Arpit Bajpai

Co founder

linkedin
Ishan Sharma-founder-RocketPay

Ishan Sharma

Co founder

linkedin
Rishav Dokania-founder-RocketPay

Rishav Dokania

Co founder

linkedin

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