About Boson Systems
Boson Systems is a Financial Services company based in Mumbai (India) founded in 2012 by Ravi Rajagopalan. White-labeled digital payment platform with cardless ATM features is offered. Boson Systems has raised $4.03 million across 2 funding rounds from investors including Girish Kulkarni, Suyash Outsourcing and Aeries India. Boson Systems was last valued at $6.78 million in March 2021. Its chief executive, as recorded, is Ravi Rajagopalan. Its Indian entity Boson Systems Private Limited reported revenue of ₹32.4 Lakh. Its focus areas include FinTech, Banking Tech, Payments and White Label Wallet. Its competitors include Wibmo, Fino Paytech and Mindgate; 3 of its 3 listed competitors have raised funding.
Company details
Boson Systems was founded in 2012 and is based in Mumbai, India. Operations focus on the fintech sector, where a platform-based approach known as SDPP is utilized for digital payments. Cardless ATM capabilities are integrated, alongside solutions for developing national payment systems, supporting retail expansions, and addressing needs of unbanked populations through accessible financial services.
- Headquarters Mumbai, India
- Founders Ravi Rajagopalan
- Stage Minicorn
- SectorsFinancial Services
- Website bosonsystems.com
- Social LinkedIn
- Legal Name Boson Systems Private Limited
- Date of Incorporation 23 Jan, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹32.4 Lakh
FY 2025 · -4% YoY
- Net Loss-₹3.72 Cr
FY 2025 · -1148% margin
- EBITDA-₹3.46 Cr
FY 2025 · -1069% margin
- Total Equity Funding$4.03M (USD)
in 2 rounds
- Latest Funding Round$179.91K (USD), Angel Round
Mar 2021
Associated legal entities of Boson Systems
Boson Systems operates through Boson Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Boson Systems Private Limited CIN U72900MH2010FTC199309 | Active | 23 Jan 2010 | Mumbai, Maharashtra | ₹0.3 Cr | 27 | 4 | View details |
Funding Insights of Boson Systems
Boson Systems has successfully raised a total of $4.03M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $179.91 thousand completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.03M
- Total Rounds 2
- Last Round Angel Round — $179,907
- First Round $3.85M
(Jul 2013)
- Investors Count 12
All 2 funding rounds of Boson Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $179,907 | Angel Round | $6.78M | Girish Kulkarni | – |
| Jul 2013 | $3.85M | Seed | – | Srihari Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $6.78M | •••••••• |
Last known valuation $6.78M (Mar 2021). 12 investors in total: 2 institutional and 10 angel.
Investors in Boson Systems
Boson Systems has secured backing from 12 investors, including angel and institutional investors. Prominent investors backing the company include Girish Kulkarni, Suyash Outsourcing and Aeries India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Outsourcing services are provided from Mumbai, India. | Mumbai, India | |||
GK Girish Kulkarni | Angel investor and entrepreneur, focused on tech startups in India. | unknown_6a8eeb26d1df4d87b | ||
SK Srihari Kumar | Angel investor and entrepreneur, co-founder of LionsBot, focusing on robotics | unknown_b1910c56601947c7a | ||
VA Vinod Aachi | Angel investor and entrepreneur, focused on early-stage Indian startups. | unknown_a0ef8f91a3bd45bfb | ||
GR Gautam Radhakrishnan | unknown_f9a44be2a5c347419 | |||
DD Debashish Dutta Gupta | unknown_d4b833fd51424772b | |||
SN Sudip Nandy | unknown_eadba6fafa934b06a | |||
JK Jaideep Khanna | unknown_630946356f6744948 | |||
RS Raju Shukla | Indian angel investor, active in early-stage startups, tech enthusiast | unknown_c4319efcbb9142c48 |
Investor details for Boson Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Boson Systems Private Limited (Boson Systems)
Boson Systems Private Limited is the primary company behind Boson Systems. The board of Boson Systems Private Limited currently have 4 directors; the longest-serving is Ravi Rajagopalan, appointed in 2010. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Rajagopalan DIN 02928211 | Director | 30 Jan 2010 | 16 yrs 9 mo | Boson Systems Private Limited |
| Carlos Martin Mira DIN 02926671 | Director | 26 Mar 2010 | 16 yrs 7 mo | Boson Systems Private Limited |
| Girish Nilkanth Kulkarni DIN 00062382 | Director | 02 Jan 2014 | 12 yrs 10 mo | Boson Systems Private Limited |
| Vinod Aachi DIN 07995696 | Director | 12 Mar 2018 | 8 yrs 7 mo | Boson Systems Private Limited |
People of Boson Systems
1 people are tracked at Boson Systems (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Boson Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Boson Systems
Figures of Boson Systems Private Limited, the primary company behind Boson Systems, for FY 2025. Revenue was ₹32.4 Lakh (-4% year on year). Net loss was -₹3.72 Cr (-1148% margin). EBITDA was -₹3.46 Cr (-1069% margin). Revenue has grown at a compounded annual rate of -22% over three years and +2% over five years.
- ₹32.4 LakhRevenue · FY 2025 · -4% YoY
- -₹3.72 CrNet loss · -1148% margin
- -₹3.46 CrEBITDA · -1069% margin
- ₹1.93 CrPaid-up capital
- 27Employees (provident fund records)
- -22%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Boson Systems Private Limited are on its company page.
Detailed financial statements for Boson Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Boson Systems
4 dated milestones of Boson Systems across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Boson Systems is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Angel Round, of $180K.
- Milestone Reaches Minicorn status.
Competitors of Boson Systems
Boson Systems has 3 listed competitors in our database, 3 of them funded. They include Wibmo, Fino Paytech and Mindgate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wibmo.co | 1999 | Bengaluru, India | $2.58M | 588 | Digital payment solutions are provided to banks, merchants, and consumers. | |
| finopaytech.com | 2006 | Mumbai, India | $176.53M | 20 | Technology solutions for banking and financial sectors are provided. | |
| mindgate.solutions | 2008 | Mumbai, India | $10.05M | 1,423 | Digital payment platforms and transaction management services are provided. |
Detailed competitors of Boson Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Boson Systems
Complete news archive for Boson Systems
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Boson Systems
Boson Systems was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Boson Systems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ravi Rajagopalan is the CEO of Boson Systems, as recorded in our data. They have also founded this company.
Boson Systems is a funded company, having raised a total of $4.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.85M, raised on Jul 2013.
The primary company behind Boson Systems, Boson Systems Private Limited, reported revenue of ₹32.4 Lakh for FY 2025, down 4% year on year.
Boson Systems was founded in 2012 and is based in Mumbai, India. Operations focus on the fintech sector, where a platform-based approach known as SDPP is utilized for digital payments. Cardless ATM capabilities are integrated, alongside solutions for developing national payment systems, supporting retail expansions, and addressing needs of unbanked populations through accessible financial services.
Boson Systems's top competitors include Mindgate, Fino Paytech and Wibmo.
Boson Systems has 12 investors. Key investors include Girish Kulkarni, Suyash Outsourcing, Aeries India, Srihari Kumar, and Vinod Aachi.
The valuation of Boson Systems is $6.78M as of Mar 2021.
Boson Systems operates through Boson Systems Private Limited.
The legal entities of Boson Systems currently have 4 directors, including Girish Nilkanth Kulkarni, Carlos Martin Mira, Ravi Rajagopalan and others.