About Airpay Payment Services Private Limited
Data last updated: 16 February 2026
Airpay Payment Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 09 April 2012, the company has been in operation for over 14 years.
Registered with ROC Mumbai under CIN U65100MH2012PTC229364.
Capital: an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors including Kunal Jhunjhunwala and Rajeshkumar Radheshyam Jhunjhunwala.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 104 Sir Vithaldas Chambers 16 Mumbai Samachar Marg Fort., Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹213.13 Cr, a growth of 66% compared to the previous year.
The company has a workforce of approximately 287 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Airpay.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airpay.co.in.
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Registered Address104 Sir Vithaldas Chambers 16 Mumbai Samachar Marg Fort., Maharashtra, India – 400023
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IndustryFinancial Services, Online Payment Gateways
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Airpay Payment Services Private Limited
Airpay Payment Services Private Limited has one previous CIN (Corporate Identification Number): U72900MH2012PTC229364. The current CIN is U65100MH2012PTC229364, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH2012PTC229364 | Current |
| U72900MH2012PTC229364 | Previous |
Associated Brands with Airpay Payment Services Private Limited
Airpay Payment Services Private Limited operates one associated brand: Airpay. These brands represent Airpay Payment Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An integrated omnichannel platform for financial services is provided. | airpay.co.in |
Competitors & Alternatives of Airpay Payment Services Private Limited
Brands and companies operating in the same space as Airpay Payment Services Private Limited include Stripe, Razorpay, PayU and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
|
Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Razorpay
|
Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Adyen
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Payment issuance and processing solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2006 |
Mintoak
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
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Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
HighRadius
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Autonomous finance and payment solutions are provided to businesses. | Houston, United States, United States | 2006 |
ACI Worldwide
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Digital payments are processed and managed via specialized solutions. | Omaha, United States, United States | 1975 |
Business Activity of Airpay Payment Services Private Limited
Airpay Payment Services Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Airpay Payment Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Airpay Payment Services Private Limited
Airpay Payment Services Private Limited is audited by BDG & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BDG & CO LLP | Locked | Locked | Locked |
Complete auditor history for Airpay Payment Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Airpay Payment Services Private Limited
Airpay Payment Services Private Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Kunal Jhunjhunwala
Also directs:
Digitalhathi Media Services Llp, Sugarbox Ecommerce Ventures Llp, Clayco Cosmetics Private Limited and 5 more
|
Director | 09 Apr 2012 | 14 Years 4 Months | Current |
| Rajeshkumar Radheshyam Jhunjhunwala | Director | 07 Aug 2014 | 12 Years 0 Months | Current |
| Rajesh Raju | Director | 01 Jul 2024 | 2 Years 1 Months | Current |
Financials of Airpay Payment Services Private Limited FY 2025 filings available
Airpay Payment Services Private Limited reported revenue of ₹213.13 Cr (up 66.00% YoY) for FY 2025.
Ten-year financial statements for Airpay Payment Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Airpay Payment Services Private Limited
Shareholding and ownership data for Airpay Payment Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Airpay Payment Services Private Limited
Airpay Payment Services Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Airpay Payment Services Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Airpay Ventures Private Limited | U67190MH2021PTC373769 | Locked |
| Airpay Financial Technologies Private Limited | U72900MH2020PTC352478 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings Airpay Payment Services Private Limited
Airpay Payment Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Airpay Payment Services Private Limited
Airpay Payment Services Private Limited has a workforce of 287 employees as of Sep 19, 2024.
Employee and EPFO history for Airpay Payment Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Airpay Payment Services Private Limited
GST registrations and filing compliance for Airpay Payment Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Airpay Payment Services Private Limited
Credit ratings, litigation, and regulatory alerts for Airpay Payment Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Airpay Payment Services Private Limited
MSME payment history for Airpay Payment Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Airpay Payment Services Private Limited
Corporate group structure for Airpay Payment Services Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Airpay Payment Services Private Limited
MCA filings and documents for Airpay Payment Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Airpay Payment Services Private Limited
Recent News on Airpay Payment Services Private Limited
Frequently Asked Questions about Airpay Payment Services Private Limited
Airpay Payment Services Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 09 April 2012 (14+ years old) and is registered under CIN U65100MH2012PTC229364. The company has 287 employees.
Airpay Payment Services Private Limited reported revenue of ₹213.13 Cr for FY 2025 (up 66.00% YoY).
The current directors of Airpay Payment Services Private Limited are:
- Kunal Jhunjhunwala - Director
- Rajeshkumar Radheshyam Jhunjhunwala - Director
- Rajesh Raju - Director
The primary industry of Airpay Payment Services Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Yes, Airpay Payment Services Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Airpay Payment Services Private Limited can be reached at the registered office: 104 Sir Vithaldas Chambers 16 Mumbai Samachar Marg Fort, Maharashtra, India – 400023, or through the website airpay.co.in.