Benow

Mumbai, India Founded: 2016 • Age: 10 yrs Acquired By Mosambee
UPI-enabled payments are provided for merchants and consumers by Benow.

About Benow

Benow is a Financial Services company based in Mumbai (India) founded in 2016, and was acquired by Mosambee in February 2022. UPI-enabled payments are provided for merchants and consumers by Benow. The company has 153 employees. Benow has completed 1 acquisition, including Finmo. Its website benow.in draws about 102 thousand monthly visits. Its Indian entity Cashless Technologies India Private Limited reported revenue of β‚Ή86.37 Cr. Benow offers products and services including Digital Payment Platform. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.

Company details

Benow is an UPI-enabled payment solution for merchants and consumers. Benow solution allows merchants to accept cashless payments and send offers to customers, get discovered on Benow webpage app. For consumers, Benow app can be used to make digital payments using BHIM (UPI), UPI (any bank), Credit Cards, Debit Cards and Sodexo Cards. It integrates all digital payments into one mobile application for the customers. Customers can use Benow to discover merchants across all categories, who have been equipped to accept digital payments.

  • Headquarters Mumbai, India
  • Employees 153
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website benow.in
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Mosambee (Feb 2022)
  • Legal Name Cashless Technologies India Private Limited
  • Date of Incorporation 02 Feb, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹86.37 Cr

    FY 2025 · +91% YoY

  • Net Profit
    ₹24.77 Cr

    FY 2025 · 29% margin

  • EBITDA
    ₹44.81 Cr

    FY 2025 · 52% margin

  • Investors
  • Employee Count
    153
  • Investments & Acquisitions
  • Acquired by
    Mosambee

    (Feb 2022)

Products & Services of Benow

Benow offers a comprehensive portfolio of products and services, including Digital Payment Platform.

Digital Payment Platform
Payment Solutions

End-to-end platform for seamless affordability payments and transactions.

Apps and channels of Benow

its YouTube channel benow has 1.2K subscribers.

benow
YouTube 1.2K subscribers Science & Technology
Open channel

Investors in Benow

Benow has secured backing from 1 investor. Prominent investors backing the company include Mosambee.

All
InvestorDescriptionFounded YearDomainLocation
home.mosambee.in
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Investor details for Benow

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Board of directors of Cashless Technologies India Private Limited (Benow)

Cashless Technologies India Private Limited is the primary company behind Benow. The board of Cashless Technologies India Private Limited currently have 2 directors; the longest-serving is Sooraj Valsala Sakthidharannair, appointed in 2020. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sooraj Valsala Sakthidharannair
DIN 08777727
Managing Director04 Jul 20206 yrs 3 moCashless Technologies India Private Limited
Prashant Jaju
DIN 09566330
Nominee Director12 Apr 20224 yrs 6 moCashless Technologies India Private Limited

People of Benow

6 people are tracked at Benow (6 in leadership); the tracked headcount is 153.

NameRoleGroup
Kannan Jain
Chief Of StaffLeadership
Sudhakar Ram
CEOLeadership
Hemant Taware
Chief Growth OfficerLeadership
Amit Singh
Vice President - Banking And Strategic AlliancesLeadership
Chintan Gala
Head Of FinanceLeadership
Sanjay Singh
Vice President Of TechnologyLeadership
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Financials of Benow

Figures of Cashless Technologies India Private Limited, the primary company behind Benow, for FY 2025. Revenue was ₹86.37 Cr (+91% year on year). Net profit was ₹24.77 Cr (29% margin). EBITDA was ₹44.81 Cr (52% margin). Revenue has grown at a compounded annual rate of +63% over three years and +105% over five years.

  • ₹86.37 CrRevenue · FY 2025 · +91% YoY
  • ₹24.77 CrNet profit · 29% margin
  • ₹44.81 CrEBITDA · 52% margin
  • ₹47.56 CrPaid-up capital
  • 153Employees (provident fund records)
  • +63%Revenue CAGR, 3 years
  • +105%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Cashless Technologies India Private Limited are on its company page.

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Detailed financial statements for Benow

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Investments & Acquisitions by Benow

Benow has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Finmo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
UPI based mobile payments app
finmo.inDelhi, India2016Nov 2017β€’β€’β€’β€’
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Timeline of Benow

3 dated milestones of Benow across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Benow is founded.
  2. Acquisition Acquires Finmo.
  3. Exit Acquired by Mosambee.

Competitors of Benow

Benow has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
mintoak.com2017Mumbai, India$24.71M140
Digital payments and engagement solutions are offered for MSMEs.
pinelabs.com1998Noida, India$1.23B3,780
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Detailed competitors of Benow

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Web traffic of Benow

The website of Benow (benow.in) receives about 101.9K visits a month.

  • Monthly visits
    101.9K

    ▼ 20.4% vs previous month

Similar websites

Websites whose visitors overlap most with Benow. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Benow (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Benow

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Frequently Asked Questions about Benow

Benow was founded in 2016.

Benow is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Benow has 153 employees.

The primary company behind Benow, Cashless Technologies India Private Limited, reported revenue of β‚Ή86.37 Cr for FY 2025, up 91% year on year.

Benow is an UPI-enabled payment solution for merchants and consumers. Benow solution allows merchants to accept cashless payments and send offers to customers, get discovered on Benow webpage app. For consumers, Benow app can be used to make digital payments using BHIM (UPI), UPI (any bank), Credit Cards, Debit Cards and Sodexo Cards. It integrates all digital payments into one mobile application for the customers. Customers can use Benow to discover merchants across all categories, who have been equipped to accept digital payments.

Benow's top competitors include Razorpay, Mintoak and Pine Labs.

Benow offers Digital Payment Platform.

Benow has made 1 acquisition, including Finmo.

Benow has 1 investor. Key investors include Mosambee.

Benow operates through Cashless Technologies India Private Limited.

Yes. Benow was acquired by Mosambee in February 2022.

The legal entities of Benow currently have 3 directors, including Prashant Jaju, Sooraj Valsala Sakthidharannair, Madhumita Sarkar.

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