About DreamPay
DreamPay is a Financial Services company based in Mumbai (India) founded in 2019 by Sachin Warrier and Hitesh Chapanera. Cloud-based payment solutions are integrated for businesses via API. The company has 1,155 employees. Its Indian entity Sporta Technologies Private Limited reported revenue of ₹7,374 Cr. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
DreamPay was founded in 2019 in Mumbai, India, within the fintech sector. A cloud-based platform is provided to financial institutions, insurers, and software platforms, enabling payment integration into customer journeys. Inbound and outbound payments are facilitated through API and in-context solutions, which streamline processes for clients operating in various markets.
- Headquarters Mumbai, India
- Employees 1,155
- Founders Sachin Warrier, Hitesh Chapanera
- SectorsFinancial Services
- Website dreampay.com
- Social LinkedIn
- Legal Name Sporta Technologies Private Limited
- Date of Incorporation 21 Jun, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7,374 Cr
FY 2025 · -12% YoY
- Net Loss-₹479 Cr
FY 2025 · -6% margin
- EBITDA-₹299 Cr
FY 2025 · -4% margin
- Employee Count1,155
Associated legal entities of DreamPay
DreamPay operates through Sporta 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 |
|---|---|---|---|---|---|---|---|
| Sporta Technologies Private Limited CIN U72900MH2007PTC171875 | Active | 21 Jun 2007 | Mumbai, Maharashtra | ₹7,374 Cr | 1,155 | 5 | View details |
Board of directors of Sporta Technologies Private Limited (DreamPay)
Sporta Technologies Private Limited is the primary company behind DreamPay. The board of Sporta Technologies Private Limited currently have 4 directors; the longest-serving is Bhavit Rajesh Sheth, appointed in 2013. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhavit Rajesh Sheth DIN 02124077 | Whole-time director | 27 Aug 2013 | 13 yrs 2 mo | Sporta Technologies Private Limited |
| Harsh Anandkumar Jain DIN 02126100 | Managing Director | 27 Aug 2013 | 13 yrs 2 mo | Sporta Technologies Private Limited |
| Navroz Darius Udwadia DIN 08355220 | Nominee Director | 12 May 2025 | 1 yr 5 mo | Sporta Technologies Private Limited |
| George Raymond Zage Iii DIN 11061694 | Nominee Director | 12 May 2025 | 1 yr 5 mo | Sporta Technologies Private Limited |
People of DreamPay
2 people are tracked at DreamPay (2 in leadership); the tracked headcount is 1,155.
| Name | Role | Group |
|---|---|---|
Sachin Warrier | Co-Founder | Leadership |
Hitesh Chapanera | Co-Founder | Leadership |
Complete people profiles for DreamPay
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Financials of DreamPay
Figures of Sporta Technologies Private Limited, the primary company behind DreamPay, for FY 2025. Revenue was ₹7,374 Cr (-12% year on year). Net loss was -₹479 Cr (-6% margin). EBITDA was -₹299 Cr (-4% margin). Revenue has grown at a compounded annual rate of +22% over three years and +34% over five years.
- ₹7,374 CrRevenue · FY 2025 · -12% YoY
- -₹479 CrNet loss · -6% margin
- -₹299 CrEBITDA · -4% margin
- ₹1,489 CrPaid-up capital
- 1,155Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sporta Technologies Private Limited are on its company page.
Detailed financial statements for DreamPay
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Similar companies to DreamPay
DreamPay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of DreamPay
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as DreamPay (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Dreampay
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Frequently Asked Questions about DreamPay
DreamPay was founded in 2019.
DreamPay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
DreamPay has 1,155 employees.
The primary company behind DreamPay, Sporta Technologies Private Limited, reported revenue of ₹7,374 Cr for FY 2025, down 12% year on year.
DreamPay was founded in 2019 in Mumbai, India, within the fintech sector. A cloud-based platform is provided to financial institutions, insurers, and software platforms, enabling payment integration into customer journeys. Inbound and outbound payments are facilitated through API and in-context solutions, which streamline processes for clients operating in various markets.
DreamPay operates through Sporta Technologies Private Limited.
The legal entities of DreamPay currently have 5 directors, including Navroz Darius Udwadia, Bhavit Rajesh Sheth, Harsh Anandkumar Jain and others.