Chillr

paymentsp2p payments

STATUS: Acquired/Merged
FOUNDING YEAR: 2014
LOCATION: India
Last Update: 19/01/2021

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About

Chillr is a revolutionary app thats lets you send money directly between bank accounts using just the mobile number.. We work closely with leading banks including HDFC Bank, Bank of Baroda to make payments super simple, secure & instant. Chillr is a mobile payment subsidiary of MobME Wireless.

MEDICI Analysis

Chillr is a mobile app for P2P payments in India

Focus

PRODUCTS & SERVICES

P2P mobile payments app. Allows the customer to transfer money without requiring the recipient's bank details and the need to remember complex passwords.

REVENUE MODEL

The company as of now offer free services for P2P payments. It charges online merchants with 1.25% of transaction fee for receiving money and 2.75% for sending money.

MAIN CLIENTS

Individuals looking for money transfer

online purchases and payment of bills and retail merchants.

EXISTING PARTNERSHIPS

Merchants and banks like HDFC Bank

Bank of Baroda in order to provide its customers with 2 way payment facility

since non-partner banks can only receive payments.

COMMENT

Provides Instant fund transfer facilities, without requirement for any virtual accounts or intermediaries. It also helps the customer to split bills and pay for utilities.

Traction

VALUATION / MARKET CAP:

$40 M in 2015

COMPANY TYPE:

For Profit

TRANSACTIONS VALUE:

15.00

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Jun 2018

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

377

AVERAGE VISITS (6 MONTHS)

891.22

MONTHLY VISITS GROWTH

-72.37%

VISIT DURATION

1

VISIT DURATION GROWTH

-98.9%

PAGE VIEWS VISIT

1.42

PAGE VIEWS VISIT GROWTH

-45.33%

BOUNCE RATE

58.73%

BOUNCE RATE GROWTH

51.27%

GLOBAL TRAFFIC RANK

11,312,139

MONTHLY RANK CHANGE

4,380,207

MONTHLY RANK GROWTH

63.19%

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Chillr

About

Chillr is India's first multi-bank mobile banking application.

Focus

PRODUCTS & SERVICES

P2P mobile payments app

Traction

TRANSACTIONS VALUE:

15.00

People

BOARD MEMBERS AND ADVISORS:

Sony Joy, Sanjay Vijayakumar

INVESTORS:

Blume Ventures

Sequoia Capital

Uniqorn Ventures

Momentum

FUNDED

YES

TOTAL FUNDING:

$7.00

LISTED

NO

FUNDING SERIES

SERIES A  · $7.00  · ---