About Arem Advent
Arem Advent was a Financial Services company based in Gurugram (India) founded in 2017 by Rajan Misra and Rishi Malhotra. It offers reliable point-of-sale payment processing solutions for businesses. It operates on a B2B model. Its Indian entity Arem Advent Private Limited reported revenue of ₹1.7 Lakh. The company is recorded as dissolved. Its focus areas include Payment Processing, POS Systems and Payment Solutions. Its competitors include Ezetap, Mswipe, Presto, Innoviti and Payswiff and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Arem Advent offers reliable point-of-sale payment processing solutions for businesses, focusing on offering financial products and advice, processing payments securely, pos systems, and providing payment solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Gurugram, India
- Founders Rajan Misra, Rishi Malhotra
- SectorsFinancial Services
- Website aremadvent.com
- Social X Facebook
- Legal Name Arem Advent Private Limited
- Date of Incorporation 11 Jan, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.7 Lakh
FY 2020 · -97% YoY
- Net Loss-₹21.1 Lakh
FY 2020 · -1262% margin
- EBITDA-₹11.1 Lakh
FY 2020 · -664% margin
Associated legal entities of Arem Advent
Arem Advent operates through Arem Advent Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Arem Advent Private Limited CIN U74999DL2017PTC310402 | Active | 11 Jan 2017 | New Delhi, Delhi | ₹0.0 Cr | – | 4 | View details |
Board of directors of Arem Advent Private Limited (Arem Advent)
Arem Advent Private Limited is the primary company behind Arem Advent. The board of Arem Advent Private Limited currently have 4 directors; the longest-serving is Rishi Malhotra, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishi Malhotra DIN 07690532 | Director | 11 Jan 2017 | 9 yrs 9 mo | Arem Advent Private Limited |
| Rajan Misra DIN 00231490 | Director | 11 Jan 2017 | 9 yrs 9 mo | Arem Advent Private Limited |
| Upasna Malhotra DIN 07959029 | Director | 07 Oct 2017 | 9 yrs | Arem Advent Private Limited |
| Alka Misra DIN 00332445 | Director | 07 Oct 2017 | 9 yrs | Arem Advent Private Limited |
People of Arem Advent
2 people are tracked at Arem Advent (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for Arem Advent
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- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Arem Advent
Figures of Arem Advent Private Limited, the primary company behind Arem Advent, for FY 2020. Revenue was ₹1.7 Lakh (-97% year on year). Net loss was -₹21.1 Lakh (-1262% margin). EBITDA was -₹11.1 Lakh (-664% margin).
- ₹1.7 LakhRevenue · FY 2020 · -97% YoY
- -₹21.1 LakhNet loss · -1262% margin
- -₹11.1 LakhEBITDA · -664% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Arem Advent Private Limited are on its company page.
Detailed financial statements for Arem Advent
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Competitors of Arem Advent
Arem Advent has 10 listed competitors in our database, 9 of them funded. They include Ezetap, Mswipe, Presto, Innoviti and Payswiff, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| mswipe.com | 2011 | Mumbai, India | $125.95M | 1,088 | Point-of-sale machines, soundboxes, and merchant payment solutions are offered. | |
| presto.com | 2008 | San Carlos, United States | $82.62M | 137 | Drive-through automation solutions for restaurants are provided using AI. | |
| innoviti.com | 2002 | Bengaluru, India | $141.01M | 198 | Integrated online and offline payment solutions are provided for businesses. | |
| payswiff.com | 2013 | Hyderabad, India | $12.8M | 457 | Provider of POS and MPOS solutions for businesses to accept card payments | |
| evolute.in | 1970 | Mumbai, India | – | 213 | Embedded systems for fintech and payments are designed and manufactured. | |
| myoxigen.com | 2004 | Gurugram, India | $50.18M | 159 | POS software is offered for online and offline business transactions. | |
| 2can.ru | 2012 | Moscow, Russia | $9.6M | – | Card payments are enabled on smartphones for Russian merchants. | |
| mosambee.com | 2011 | Mumbai, India | $5.14M | 356 | EMV-enabled mPOS solutions are offered for card transaction acceptance. | |
| signcatch.com | 2014 | Delhi, India | $1.45M | 2 | SaaS-based PoS platform integrates systems with websites and mobile apps. |
Detailed competitors of Arem Advent
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Arem Advent (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Frequently Asked Questions about Arem Advent
Arem Advent was founded in 2017.
Arem Advent is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Arem Advent, Arem Advent Private Limited, reported revenue of ₹1.7 Lakh for FY 2020, down 97% year on year.
Arem Advent offers reliable point-of-sale payment processing solutions for businesses, focusing on offering financial products and advice, processing payments securely, pos systems, and providing payment solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Arem Advent operates through Arem Advent Private Limited.
The legal entities of Arem Advent currently have 4 directors, including Rishi Malhotra, Upasna Malhotra, Alka Misra and others.