# Ramazen: Professional training & coaching, Chennai, India

> Ramazen: Foloosi is a UAE-based payment technology company that specializes in providing payment gateway services and merchant solutions for businesses in...

Source: https://millionrounds.com/startup/ramazen (Millionrounds; every figure on the page links to its filing or article)

India · [Professional training & coaching startup](https://millionrounds.com/companies)

# Ramazen

Foloosi is a UAE-based payment technology company that specializes in providing payment gateway services and merchant solutions for businesses in the United Arab Emirates.

Funding reported Last round: Seed

Professional training & coaching Chennai, India

Company summary

- **Founded:** 2018 8 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** 2.5M as listed, currency not stated
- **Last round:** Seed May 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ramazen has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Ramazen

Foloosi is a UAE-based payment technology company that specializes in providing payment gateway services and merchant solutions for businesses in the United Arab Emirates.

The company offers a range of services, including payment gateway solutions for online transactions, point-of-sale software for in-person payments, and payment links that facilitate transactions without a traditional checkout process. Foloosi also supports offline payment handling, ensuring secure transaction data storage until connectivity is restored. In addition to its core services, Foloosi focuses on educating businesses about fintech and digital payments in the UAE. The company provides insights on topics like smart payments and the Digital Dirham. Foloosi's pricing structure includes a one-time setup fee of AED 150, with no annual maintenance fees or hidden charges. The company targets businesses, merchants, and retail operators in the UAE, emphasizing its commitment to serving the local market.

## What company datasets say Ramazen raised

Funding, as reported

Reported in all **2.5M** in the source's currency

Rounds **4**

Last round **Seed**

Last round size **2M**

Last round date **May 2021**

Investors listed **2**

## On a portfolio page

Investors who name them

- [Benhzeem Invest](https://millionrounds.com/fund/benhzeem-invest)

Each firm lists Ramazen on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

management consulting mobile payments qr code payments uae digital payments consumers payment security reserve merchant dashboard analytics life coach payment automation online store builder multi-platform support pci dss level 1 information technology & services financial services finance

Built with from their website

Google Maps Google Tag Manager Google App Engine Amazon CloudFront PWA Twitter Analytics Font Awesome YouTube Google Workspace CloudFlare

+8 more

Viewport Meta Google Places Google Play webpack Facebook SDK Google Meet Firebase GitBook

- **Sector:** Professional training & coaching
- **Industry code:** NAICS 52232, SIC 7389
- **Region:** Tamil Nadu
- **Revenue:** 745k a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/foloosi)

## Professional training & coaching in India

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## Is this your company?

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