- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0046227

About Cashgro Digital Platform Private Limited
Data last updated:
Cashgro Digital Platform Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Gisil Designs Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 05 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2006PTC151698. Its GSTIN is 06AABCI6099R1ZR (Haryana).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.42 Cr. It was formerly known as Inde Pay Networks Private Limited and Indi Pay Networks Private Limited. It is led by directors including Tushar Kanti Choudhury (Whole-Time Director) and Rajib Saha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15th Floor Eros Corporate Tower Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.63 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹34 Lakh (net margin 3.5%) and EBITDA of ₹68.65 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indepay. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 1 case is pending. The company has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹11.68 Cr; the latest was in September 2015.
Cashgro Digital Platform Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0046227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indepay.com.
Company details
Name history
Cashgro Digital Platform has undergone 2 name changes throughout its history. The company was previously known as Inde Pay Networks Private Limited, and Indi Pay Networks Private Limited. The current legal name is Cashgro Digital Platform Private Limited.
| Company Name | Status |
|---|---|
| Cashgro Digital Platform Private Limited | Current |
| Inde Pay Networks Private Limited | Previous |
| Indi Pay Networks Private Limited | Previous |
Recognitions & Rankings of Cashgro Digital Platform
Contact details
Cashgro Digital Platform Private Limited's registered office is in New Delhi, Delhi. Its website is indepay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15th Floor Eros Corporate Tower Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInternet, Online Financial Services
To see the full contact details of Cashgro Digital Platform Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cashgro Digital Platform operates one associated brand: Indepay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Prepaid debit card-based correspondence banking | indepay.com |
Business activity
The main business activity of Cashgro Digital Platform is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Cashgro Digital Platform Private Limited, buy the company report.
Financials of Cashgro Digital Platform Private Limited
FY 2024 filings availableCashgro Digital Platform Private Limited reported revenue of ₹9.63 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 36% growth in the latest year. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹68.65 Lakh | ||||
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| Net Profit (PAT) | ₹34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Cashgro Digital Platform Private Limited, buy the company report.
Board of directors of Cashgro Digital Platform Private Limited
Cashgro Digital Platform has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajeer Vidya | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Tushar Kanti Choudhury Also directs: Smart Roof Solar Solutions Private Limited | Whole-Time Director | 15 Jul 2022 | 4 Years 3 Months | Current |
| Rajib Saha Also directs: Gisil Designs Private Limited, Inde Livelihood Foundation | Whole-Time Director | 05 Aug 2006 | 20 Years 3 Months | Current |
| Suresh Chandra Rajpal | Director | 25 May 2009 | 17 Years 5 Months | Current |
Auditor
Cashgro Digital Platform Private Limited is audited by SHARP & TANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN | FY 2023 | 000452N |
Shareholding
The shareholding of Cashgro Digital Platform Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cashgro Digital Platform Private Limited, buy the company report.
Deals & funding
Cashgro Digital Platform Private Limited has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹11.68 Cr; the latest was in September 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Mondda Pte. Limited Seller: an individual |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Gisil Designs Private Limited |
| Jun 2010 | Funding round | ₹11.68 Cr | Investors: Gisil Designs Private Limited , Passage To India Master Fund Limited |
| Sep 2007 | Acquisition | Undisclosed | Buyer: Gisil Designs Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cashgro Digital Platform Private Limited has 10 court cases on record: 4 filed by Cashgro Digital Platform, 6 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed against the company by Datamatics Software Services Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Datamatics Software Services Ltd and Anr | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Datamatics Software Services Ltd and Anr and 1 other | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by M/S HCL Infosystems Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Akm Systems Pvt. Ltd. | Disposed |
To see the full case history of Cashgro Digital Platform Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cashgro Digital Platform Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cashgro Digital Platform Private Limited has a workforce of 17 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 17 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Cashgro Digital Platform Private Limited, buy the company report.
GST
Cashgro Digital Platform has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCI6099R1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cashgro Digital Platform Private Limited, buy the company report.
Recent activity
Cashgro Digital Platform Private Limited has 10 board changes on record since 2006: 4 appointments and 6 cessations. The latest: Rajib Saha ceased to be Director on 31 Mar 2024.
1 earlier event is in the company report.
News
Frequently asked questions
Cashgro Digital Platform is an active private limited company based in New Delhi, Delhi, India. The company works in online financial services, within the internet industry. It was incorporated on 05 August 2006 (20+ years old) and is registered under CIN U72900DL2006PTC151698.
Cashgro Digital Platform has 4 current directors:
- Tushar Kanti Choudhury - Whole-Time Director
- Rajib Saha - Whole-Time Director
- Ajeer Vidya - Director
- Suresh Chandra Rajpal - Director
The latest financial statements of Cashgro Digital Platform on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cashgro Digital Platform is 06AABCI6099R1ZR, registered in Haryana.
The CIN (Corporate Identification Number) of Cashgro Digital Platform is U72900DL2006PTC151698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cashgro Digital Platform has 10 court cases on record: 4 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Cashgro Digital Platform was incorporated on 05 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Cashgro Digital Platform has 4 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹11.68 Cr; the latest was in September 2015.
Rajib Saha ceased to be Director on 31 Mar 2024. Tushar Kanti Choudhury was appointed as Whole-Time Director on 15 Jul 2022. Tushar Kanti Choudhury ceased to be Whole-Time Director on 28 Feb 2022. Cashgro Digital Platform has 10 board changes on record in total.
Yes, Cashgro Digital Platform is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0046227).

