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§ Private Profile · Andheri, Maharashtra, India
AI/ML fraud detection platform providing real-time fraud prevention for banks, BNPLs, and FinTechs, reducing delinquency and merchant fraud.
Based in Mumbai, India, Drona Pay provides artificial intelligence and machine learning-powered real-time fraud detection and prevention solutions for the financial services sector. The company develops risk analytics and data engineering software designed to reduce delinquency, scams, bust-offs, and merchant fraud across digital banking and lending platforms. Serving a client base of traditional banks, buy-now-pay-later providers, payment processors, and financial technology firms, the enterprise recently expanded its operations internationally after focusing exclusively on the Indian market for its first three years. Drona Pay achieved operational profitability in 2023 and has maintained over 100 percent year-over-year revenue growth for the past two years, supported by a core leadership team that includes Pravin Pillai, Arpan Majumder, and Ganesh Jayaraman. The organization was officially founded in 2021 by Satish Kashyap, Pallavi Narvekar, and Sukhdev Sinh Zala.
Drona Pay has raised $500K across 1 funding round.
Drona Pay has raised $500K in total across 1 funding round.
Drona Pay has raised $500K across 1 funding round. Most recently, it raised $500K Seed in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 26, 2021 | $500K Seed | — | Amrish RAU, Jitendra Gupta, Kunal Shah, Credit Saison, Varanium Capital | Announced |
Drona Pay has raised $500K in total across 1 funding round.
Drona Pay's investors include Amrish Rau, Jitendra Gupta, Kunal Shah, Credit Saison, Varanium Capital.