Company Research Report: AuroraX Private Limited (BharatX)
Company Overview
- Name of the Company: AuroraX Private Limited (operating as BharatX)
- Mission of the Company: No information is available.
- Founding Details: No information is available regarding the founding year and founders of the company.
- Key People: No information is available.
- Headquarters:
- Corporate Address: 1st Floor, 249, 14th Main Rd, Sector 7, HSR Layout, Bengaluru 560102, India
- Registered Address: Aurorax Private Limited, 107, 9th St., Dr Kalaignar Nagar, Tiruvottiyur, Chennai - 600019, India
- US Address: BharatX Inc, 16192 Coastal Highway, Lewes, Delaware 19958, USA
- Number of Employees: No information is available.
- Revenue of the Company: No information is available.
- What is the Company Known For: AuroraX Private Limited, operating under BharatX, is renowned for providing innovative buy-now-pay-later (BNPL) solutions and other financial products aimed at enhancing affordability and convenience for consumers.
Products
1. Pay in 3
- Description: Allows users to split orders into 3 interest-free installments over 60 days.
- Key Features:
- One-third of the payment made at checkout.
- Interest-free installments boost consumer conversion.
2. BharatX Postpaid
- Description: Offers a postpaid payment option for cab rides and other services, enabling hassle-free payments without worrying about bank balances.
- Key Features:
- No additional charges.
- Ideal for ride-hailing and self-drive vehicle subscription apps.
- Bi-monthly payment option.
3. Khata
- Description: Offers a seamless purchasing process reminiscent of traditional credit accounts used by middle-class Indian consumers.
- Key Features:
- Captures cash flow, increases order values, and enhances customer retention.
4. Try & Buy
- Description: Solves user trust issues at scale by allowing users to try products before buying.
- Key Features:
- No upfront payment.
- Product delivered for trial before committing to purchase.
- High conversion levels especially for online fashion and D2C brands.
5. Pay Later
- Description: Offers instant purchase capability by providing credit with an option to pay the whole bill later.
- Key Features:
- No upfront payments.
- Bi-monthly credit cycle.
Developer Solutions
- Description: SDKs available for easy integration.
- Key Features:
- Easy-to-use, well-documented SDK powered by Docusaurus.
Recent Developments
- Recent Developments: No information is available regarding any strategic changes or expansion.
- New Products Launched: No information on new products beyond those already listed.
- New Features Added to Existing Products: No specific information available on the addition of new features.
- New Partnerships: The company collaborates with various lending partners including Liquiloans, Sunita Finlease Limited, Decimus, and Rajeev Trading and Holdings, indicating a robust support system for its financial offerings.
> Note: All above information has been collated from the available data, and some fields indicate lack of specific details.