About Fairmoney Technology Private Limited
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Fairmoney Technology Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Predictus Sas. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020FTC134693. Its GSTIN is 29AAECF0919L1ZE (Karnataka).
The company has an authorised share capital of ₹53.5 Cr and a paid-up capital of ₹52.43 Cr. It is led by directors including Aashish Mandelia and Bharat Verma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 45/3 Gopala Krishna Complex Residency Road Mahatma Gandhi Rd, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.36 Cr (net margin 9.7%) and EBITDA of ₹2.52 Cr (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 49 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website fairmoney.in.
Company details
Contact details
Fairmoney Technology Private Limited's registered office is in Bengaluru, Karnataka. Its website is fairmoney.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address45/3 Gopala Krishna Complex Residency Road Mahatma Gandhi Rd, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fairmoney Technology 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
Business activity
The main business activity of Fairmoney Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fairmoney Technology Private Limited, buy the company report.
Financials of Fairmoney Technology Private Limited
FY 2025 filings availableFairmoney Technology Private Limited reported revenue of ₹24.35 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 180% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 118% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.52 Cr | ||||
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| Net Profit (PAT) | ₹2.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 9.7% | ||||
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To see the full financial statements and ratios of Fairmoney Technology Private Limited, buy the company report.
Board of directors of Fairmoney Technology Private Limited
Fairmoney Technology has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Mandelia Also directs: Garvish Apparel India Private Limited, World Comply Group Private Limited, Scorpius Innovative Solutions Private Limited and 3 more | Director | 06 Jul 2023 | 3 Years 4 Months | Current |
| Bharat Verma | Director | 06 Jul 2023 | 3 Years 4 Months | Current |
| Laurin Courage Omo Osula Hainy | Director | 07 Jun 2020 | 6 Years 5 Months | Current |
Peer comparison
Fairmoney Technology Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finsol Consultancy Private Limited | ₹24.39 Cr (FY 2024) | 50.0% | Tamil Nadu, India | |||
| Beekayit Netsec Solutions Private Limited | ₹24.39 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Qubix Consulting Private Limited | ₹24.36 Cr (FY 2024) | 3.0% | Ahmedabad, Gujarat, India | |||
| Payorch Technologies Private Limited | ₹24.36 Cr (FY 2024) | 1289.0% | Hyderabad, Telangana, India | |||
| On-Graph Technologies Private Limited | ₹24.35 Cr (FY 2024) | 8.0% | New Delhi, Delhi, India | |||
| Fairmoney Technology Private Limitedthis company | ₹24.35 Cr (FY 2025) | ₹2.36 Cr | 9.7% | 180.0% | 49 | Bengaluru, Karnataka, India |
| Divine Communication Systems Private Limited | ₹24.34 Cr (FY 2016) | Mandawali, Delhi, India | ||||
| Adeptia India Private Limited | ₹24.34 Cr (FY 2024) | 27.0% | New Delhi, Delhi, India | |||
| Sun Smart Systems Private Limited | ₹24.34 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Fairmoney Technology Private Limited, buy the company report.
Auditor
Fairmoney Technology Private Limited is audited by Rishabh Raja & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishabh Raja & Co. | FY 2023 | 018454S |
Shareholding
The shareholding of Fairmoney Technology Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fairmoney Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fairmoney Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fairmoney Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fairmoney Technology Private Limited has a workforce of 49 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Fairmoney Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF0919L1ZE | Karnataka | Active | 11 Sep 2020 |
To see the full GST registrations and return filing status of Fairmoney Technology Private Limited, buy the company report.
Recent activity
Fairmoney Technology Private Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Aashish Mandelia ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Fairmoney Technology is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2020 (6+ years old) and is registered under CIN U74999KA2020FTC134693.
Fairmoney Technology has 3 current directors:
- Aashish Mandelia - Director
- Bharat Verma - Director
- Laurin Courage Omo Osula Hainy - Director
The latest financial statements of Fairmoney Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Fairmoney Technology is 29AAECF0919L1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Fairmoney Technology is U74999KA2020FTC134693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairmoney Technology was incorporated on 07 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fairmoney Technology by revenue are Finsol Consultancy Private Limited, Beekayit Netsec Solutions Private Limited, Qubix Consulting Private Limited, Payorch Technologies Private Limited, On-Graph Technologies Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Aashish Mandelia ceased to be Additional Director on 29 Sep 2023. Bharat Verma ceased to be Additional Director on 29 Sep 2023. Aashish Mandelia was appointed as Director on 06 Jul 2023. Fairmoney Technology has 8 board changes on record in total.
Fairmoney Technology can be reached through the website fairmoney.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Fairmoney Technology is at 453 Gopala Krishna Complex Residency Road Mahatma Gandhi Rd, Bengaluru, Karnataka, India – 560025.
Fairmoney Technology operates in the information technology industry, in the IT consulting and support services segment.
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