Eforex India
Eforex India is a New Delhi-based, privately held FX data and treasury consulting firm that delivers live interbank currency quotes, forwards, forecasts, and a REST API for forex data to banks, corporates, exporters, importers, travel firms, and individual traders across India, the US, and the UK.
- Company typePrivate
- Founded2001
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Eforex India does
Eforexindia.com Private Limited, operating as Eforex India, is a New Delhi-headquartered, privately held treasury consulting and FX data platform founded in 2001 (firmographics) and active for 20+ years under the leadership of Mr. Soumya Dutta. The company runs a web-based portal delivering live interbank currency quotes across all global currency pairs, real-time forwards for major currencies, technical analysis, historical rate data, currency forecasts, commodity and metals quotes (Gold, Silver, LME base metals, crude), world indices, LIBOR/MIBOR and RBI reference rates, supported by daily email, SMS alerts, and a long-running weekly newsletter archive dating to 2008. The core technology is a cloud-based rate-streaming platform with a REST Currency Data API delivering interbank rates in JSON, XML, and CSV formats, six subscription tiers differentiated by delay interval, encryption (HTTP vs. HTTPS), and support SLA, and integrations with major enterprise ERPs (Oracle, SAP, NetSuite, PeopleSoft, Agresso, Microsoft Dynamics) under static IP authentication and 99.9% uptime SLA.
The revenue model combines recurring annual API subscriptions (tiered by latency, encryption, and support), professional services for treasury consulting (portfolio management, risk policy, hedging structuring, MIS, on-site corporate engagements), FX training and seminars (corporate training, Learning Labs, soft-skill programs), and brokerage/transactional fees from facilitating currency and commodity F&O trading accounts. Go-to-market is hybrid: API-first and self-serve via the website and mobile apps (iOS, Android), supplemented by sales-led enterprise motion with custom quotes, and channel partnerships with Indian brokerages (Religare, Edelweiss) and international providers (IFX Markets/City Index). Customer base is horizontal, spanning banks, exchange houses, travel companies, trading platforms, large corporate houses, exporters, importers, and individual traders, with claimed additional presence in the US and UK through margin products and online education entities. No external investors, parent company, or funding rounds are disclosed; the company is founder-owned and operated.
Eforex India firmographics
Firmographics- Name
- Eforex India
- Legal name
- Eforexindia.com Private Limited
- Website
- https://eforexindia.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Eforex India is a New Delhi-based, privately held FX data and treasury consulting firm that delivers live interbank currency quotes, forwards, forecasts, and a REST API for forex data to banks, corporates, exporters, importers, travel firms, and individual traders across India, the US, and the UK.
- Ownership category
- akta.pro rank
Eforex India industry classification
Industry- Product category
- Forex Data Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industry
- Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)
Keywords
Where Eforex India is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Eforex India business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- API Subscriptions: Annual subscription-based API services providing forex data feeds with different tiers based on delay settings, support levels, and encryption. Commercials depend on number of currencies, network security, and nature of support availed.
- Consultation Services: Professional treasury consulting including portfolio management, risk management policy formulation, hedging instruments structuring, and MIS control services for corporates
- FX Training & Seminars: Training programs including FX risk management, currency futures and options, and soft skill development conducted as onsite corporate training or themed seminars
- Currency Futures & Options Trading Facilitation: Facilitating currency and commodity F&O trading accounts through direct trading terminals, providing online trading mechanism with brokerage services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Professional P-1: Streaming real-time, HTTP-S secured, Premium support, Unlimited requests |
| Subscription | Annual | Professional P-2: Every 1 minute delay, HTTP-S secured, Premium support, Unlimited requests |
| Subscription | Annual | Professional P-3: Every 1 minute delay, HTTP, Standard support, 200,000 requests/month |
| Subscription | Annual | Enterprise E-1: 2 minute delay, HTTP-S secured, Premium support, Unlimited requests |
| Subscription | Annual | Enterprise E-2: 5 minute delay, HTTP-S secured, Premium support, Unlimited requests |
| Subscription | Annual | Resource R-1: 10 minute delay, HTTP, Standard support, Unlimited requests |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Eforex India product offering
Product offeringCore offering
Eforex India operates a cloud-based online platform that delivers live interbank currency exchange rates, forward rates, technical analysis, historical data, currency forecasts, and commodities quotes globally. It packages these data feeds into a REST-based Currency Data API for enterprise integration, supplemented by treasury consulting, corporate FX training, and currency/commodity F&O trading facilitation.
Product overview
Eforex India is a professional Treasury Consulting company offering a comprehensive forex and financial market platform. The core product is a web-based portal providing live inter-bank currency exchange rates across all currency pairs globally, paired with forwards, technical analysis tools, historical data, and market intelligence. The platform architecture consists of Online Services (real-time FX quotes, technical analysis, forwards, calculators, historical database, newsletters, alerts), Consultation Services (portfolio management, forex department organization, MIS control, P&L analysis), Currency/Commodity Futures & Options trading facilitation, Education offerings (FX Training, Learning Labs workshops, Soft Skill Development, Risk Management Training), and a Currency Data API for programmatic data access. The company also provides money changing services, commodity quotes (Gold, Silver, Crude Oil, Copper, Aluminum, Zinc, Nickel, Tin), world market indices, LIBOR/MIBOR rates, RBI Reference Rates, and economic indicators. The API product operates as a separate tier offering flexible data delivery in JSON/XML formats with multiple subscription tiers for different update intervals and support levels.
Differentiator
Problem solved
Functional benefit
Products and services
- Currency Data API
Quantifiable outcome
- 99.9% API uptime with Disaster Recovery Systems
- +1 more outcomes
Companies that use Eforex India
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles3 records
Eforex India technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature5 records
Eforex India partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Religare Securities Ltd.minorWholly owned subsidiary of Religare Enterprises Limited. Market leading securities firm in India offering equity and currency broking services to more than half a million clients. Member of NSE, BSE, MCX-SX, USE and depository participant with NSDL and CDSL with wide distribution across 1500+ locations in India.
- Edelweiss Financial AdvisorsminorPart of Edelweiss Group providing quality brokerage based products and services. Member of all leading Stock, Commodities & Currency exchanges in India: BSE, NSE, MCX, MCX-SX, NCD EX, NMCE, NSDL, and PMS.
- IFX MarketsminorSpecialist provider of margined Forex offering 24 hour commission-free trading with tight spreads. Division of City Index Ltd, one of UK's leading providers of retail derivative trading services. Provides real-time trade-able prices in 48 spot currency pairs including gold and silver.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Eforex India competitors and assessment
Company assessmentDirect peers
- FXStreet: FXStreet provides real-time FX rates, news, technical analysis, forecasts, and educational content for currency traders. Comparable to Eforex India's technical analysis, currency forecasts, and FX training offerings.
- XE.com: XE.com provides live and historical currency exchange rates, currency conversion, and money transfer services globally. Highly comparable to Eforex India's FX rate portal and money-changing information offerings.
- X-Rates: X-Rates publishes live and historical exchange rate tables, currency calculators, and forex news. Directly comparable to Eforex India's public-facing rate tables, currency converter, and FX news content.
- OANDA: OANDA offers real-time and historical FX rates, currency conversion, and an FX/CFD trading platform via web and API. Comparable to Eforex India's currency data API and trading facilitation services.
- Forex Factory: Forex Factory provides FX news, economic calendar, forum discussions, and trading analytics. Comparable to Eforex India's news content, economic indicators, and trader community/discussion use case.
Regional players
- Moneycontrol: Moneycontrol is a leading Indian financial portal providing market data, currency rates, and corporate news. Comparable as an India-focused financial data platform with overlapping audience to Eforex India's portal.
Broad incumbents
- Investing.com: Investing.com offers free real-time and historical FX rates, charts, economic calendar, and news. Overlaps with Eforex India's portal, charts, news, and economic calendar offerings, often at price points of zero.
- Refinitiv (LSEG): Refinitiv, part of LSEG, provides FX data feeds (e.g., Elektron/Refinitiv FX), trading platforms, and treasury analytics. Comparable to Eforex India across interbank rates, forwards, and treasury-focused data products.
- Bloomberg: Bloomberg provides comprehensive FX data, analytics, and news via terminals and API. Overlaps with Eforex India across FX rates, forwards, news, and API enterprise data delivery, but at much broader scale.
Others
- Reserve Bank of India (RBI Reference Rate): RBI publishes official daily reference rates for USD/INR, GBP/INR, EUR/INR, and JPY/INR. Comparable as a free authoritative source of Indian FX rates that overlaps with Eforex India's RBI Reference Rate product.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Eforex India social profiles
Digital presenceEforex India financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eforex India leadership team
Management profileNumber of profiles
Profiles1 record
Eforex India funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eforex India M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eforex India
What does Eforex India do?
Eforex India operates a cloud-based online platform that delivers live interbank currency exchange rates, forward rates, technical analysis, historical data, currency forecasts, and commodities quotes globally. It packages these data feeds into a REST-based Currency Data API for enterprise integration, supplemented by treasury consulting, corporate FX training, and currency/commodity F&O trading facilitation.
Is Eforex India a public or private company?
Eforex India is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Eforex India founded?
Eforex India was founded in 2001. It employs 11 to 50 people.
Where is Eforex India based?
Eforex India is headquartered in New Delhi, India, in the Asia region.
How does Eforex India make money?
Four revenue lines are on record. API Subscriptions are the primary driver. The others are consultation Services, FX Training & Seminars and currency Futures & Options Trading Facilitation.
Who are Eforex India's main competitors?
Direct peers on record are FXStreet, XE.com, X-Rates, OANDA and Forex Factory. Moneycontrol is listed as a regional player. Broad incumbents are Investing.com, Refinitiv (LSEG) and Bloomberg. Reserve Bank of India (RBI Reference Rate) is listed as an others.
Does Eforex India have an API?
Yes. Eforex India offers a Currency Data API providing live forex exchange rates and commodity quotes. Available in JSON and XML formats via REST technology. Supports unlimited or limited API requests depending on the subscription tier. Offers streaming prices (within 60 seconds) and delayed options (1, 2, 5, 10, and 15 minute intervals). Security options include HTTP and HTTPS (HTTP-S) with SSL encryption. Technical support available in Standard (Indian Trading Hours, 8 working hours resolution) and Premium (24 Hours, 6 working hours resolution) tiers. Compatible with enterprise systems including Oracle E-Business Suite, PeopleSoft, NetSuite, SAP, Agresso, and Microsoft Dynamics. Static IP authentication required for API access. Developer documentation is at www.eforexindia.com/APIForex.aspx.
What industry is Eforex India in?
Eforex India's product category is Forex Data Services. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of THALAHAE, Cross-Border Payments & FX (multi-currency wallets, DCC, remittance). Its NAICS code is 51821 and its SIC code is 7370.