About BuyNearby
BuyNearby is a Financial Services company founded in 2015. Financial services and digital payments are provided through a network of retailers in India. The company has 957 employees. Its Indian entity Nearby Technologies Private Limited reported revenue of ₹310 Cr. BuyNearby offers products and services including Digital Suite and Banking Services. Its focus areas include Banking, Digital Banking, Agent Network and Payments.
Company details
PayNearby is recognized as a platform where financial services are made accessible to underserved areas in India through a vast network of retail partners. Services such as digital payments, banking transactions, utility bill payments, insurance, and credit options are delivered via an app and partner ecosystem, enabling millions of customers to access essential services without traditional banking infrastructure. This approach is supported by training programs and compliance standards, fostering inclusion in financial systems across urban and rural regions, with operations centered in Mumbai.
- Employees 957
- SectorsFinancial Services
- Phone•••• ••••
- Social LinkedIn X Facebook YouTube
- Legal Name Nearby Technologies Private Limited
- Date of Incorporation 20 Apr, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹310 Cr
FY 2025 · -17% YoY
- Indian entity net profit₹11.41 Cr
FY 2025 · 4% margin
- Indian entity EBITDA₹17.45 Cr
FY 2025 · 6% margin
- Employee Count957
Associated legal entities of BuyNearby
BuyNearby operates through Nearby Technologies 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 |
|---|---|---|---|---|---|---|---|
| Nearby Technologies Private Limited CIN U74999MH2016PTC280037 | Active | 20 Apr 2016 | Mumbai, Maharashtra | ₹310 Cr | 957 | 9 | View details |
Products & Services of BuyNearby
BuyNearby offers a comprehensive portfolio of products and services, including Digital Suite and Banking Services.
Digital payment tools and credit management services are provided to retailers for handling transactions like UPI QR and Aadhaar Pay.
Banking transactions including cash withdrawals, deposits, and money transfers are facilitated through retail partners across the network.
Apps and channels of BuyNearby
its YouTube channel PayNearby - Official Channel has 674 subscribers and 30 videos.
Videos from BuyNearby
The most watched videos on BuyNearby's YouTube channel, PayNearby - Official Channel (674 subscribers). Click a video to play it here.
More on PayNearby - Official Channel.
Board of directors of Nearby Technologies Private Limited (BuyNearby)
Nearby Technologies Private Limited is the primary company behind BuyNearby. The board of Nearby Technologies Private Limited currently have 6 directors; the longest-serving is Anand Kumar Bajaj, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Kumar Bajaj DIN 07387631 | Managing Director | 20 Apr 2016 | 10 yrs 6 mo | Nearby Technologies Private Limited |
| Yashwant Lodha DIN 07484628 | Director | 01 Feb 2017 | 9 yrs 8 mo | Nearby Technologies Private Limited |
| Shalini Anand Bajaj DIN 08681012 | Director | 05 Feb 2020 | 6 yrs 8 mo | Nearby Technologies Private Limited |
| Mohan Vasant Tanksale DIN 02971181 | Director | 23 Feb 2021 | 5 yrs 8 mo | Nearby Technologies Private Limited |
| Abhaya Prasad Hota DIN 02593219 | Director | 23 Feb 2021 | 5 yrs 8 mo | Nearby Technologies Private Limited |
| Sunil Kapoor DIN 01436404 | Nominee Director | 29 May 2021 | 5 yrs 4 mo | Nearby Technologies Private Limited |
Financials of BuyNearby
Figures of Nearby Technologies Private Limited, the primary company behind BuyNearby, for FY 2025. Revenue was ₹310 Cr (-17% year on year). Net profit was ₹11.41 Cr (4% margin). EBITDA was ₹17.45 Cr (6% margin). Revenue has grown at a compounded annual rate of -4% over three years and -10% over five years.
- ₹310 CrRevenue · FY 2025 · -17% YoY
- ₹11.41 CrNet profit · 4% margin
- ₹17.45 CrEBITDA · 6% margin
- ₹10.53 CrPaid-up capital
- 957Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nearby Technologies Private Limited are on its company page.
Detailed financial statements for BuyNearby
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Frequently Asked Questions about BuyNearby
BuyNearby was founded in 2015.
BuyNearby has 957 employees.
The primary company behind BuyNearby, Nearby Technologies Private Limited, reported revenue of ₹310 Cr for FY 2025, down 17% year on year.
PayNearby is recognized as a platform where financial services are made accessible to underserved areas in India through a vast network of retail partners. Services such as digital payments, banking transactions, utility bill payments, insurance, and credit options are delivered via an app and partner ecosystem, enabling millions of customers to access essential services without traditional banking infrastructure. This approach is supported by training programs and compliance standards, fostering inclusion in financial systems across urban and rural regions, with operations centered in Mumbai.
BuyNearby offers Digital Suite and Banking Services.
BuyNearby operates through Nearby Technologies Private Limited.
The legal entities of BuyNearby currently have 8 directors, including Anand Kumar Bajaj, Sunil Kapoor, Shalini Anand Bajaj and others.