# Infinity

> Infinity is a Bengaluru-based cross-border payments platform that lets Indian freelancers, exporters, and small businesses receive money from global clients through multi-currency virtual accounts. It converts foreign payments to INR at live FX rates with a flat 0.5% all-inclusive fee, settles funds in about a day, and handles RBI compliance paperwork like FIRA automatically. Founded in 2024 by brothers Sourav and Sidharth Choraria, the company is part of Y Combinator's Winter 2024 batch.

- **Founded:** 2024
- **Headquarters:** Bengaluru, India
- **Founders:** Sourav Choraria (Founder & CEO), Sidharth Choraria (Co-founder)
- **Team size:** 22
- **Products:** Multi-Currency Virtual Accounts, Flat 0.5% Inward Payments, One-Day Settlement & Tracking, Automated FIRA & Compliance, Invoicing & Free Tools
- **Notable:** Accepted into Y Combinator's Winter 2024 batch, Raised $1.9M seed round (total ~$2.4M), Onboarded 15,000+ customers

## Products & services

- **Multi-Currency Virtual Accounts** — Local-style accounts to receive USD, EUR, GBP, CAD, AUD, SGD and other currencies via bank transfer, as if the client were paying domestically.
- **Flat 0.5% Inward Payments** — Converts inbound foreign payments to INR at live FX rates with a single all-inclusive 0.5% fee - no separate SWIFT, receiving, or spread charges.
- **One-Day Settlement & Tracking** — Funds reach the user's INR account in about a day, with real-time status updates and notifications.
- **Automated FIRA & Compliance** — Auto-generates Foreign Inward Remittance Advice and handles KYC/AML through an RBI-approved framework routed via AD-1 licensed banks.
- **Invoicing & Free Tools** — Invoice generator plus free utilities: currency converter, SWIFT code finder, HSN finder, and purpose code finder.

## Achievements

- Accepted into Y Combinator's Winter 2024 batch
- Raised $1.9M seed round (total ~$2.4M)
- Onboarded 15,000+ customers
- Processing $20M+ in monthly transaction volume
- Support for payments from 160+ countries

## Latest updates

- **2026-07** — Company profile reports $20M+ in monthly transactions and 15,000+ onboarded customers.
- **2024-12** — Closed $1.9M seed round backed by Y Combinator, Script Capital, and Liquid 2 Ventures.
- **2024-01** — Launched publicly as part of Y Combinator's Winter 2024 batch.

## Links

- Website: https://www.infinityapp.in
- LinkedIn: https://www.linkedin.com/company/infinityinvest

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Profile page: https://yespress.io/infinity-yc-w24
Published by YesPress — https://yespress.io
Last updated: 2026-07-31