About Haoda Payments
Haoda Payments is a Financial Services company based in Chennai (India) founded in 2021 by Geerthana Rajendran and Vigneshwar Rajendran. It provides diversified business payment solutions, including payment gateways, utility bill payments, and payout services. It operates on a B2B model. Its Indian entity Haoda Payment Solutions Private Limited reported revenue of ₹26.23 Cr. Its focus areas include Payments, Payment Gateways and Utility and Payout Solutions. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Haoda Payments, founded in 2021 in Chennai, India, focuses on offering financial products and advice, facilitating payment transactions, providing payment gateways, and utility and payout solutions. Provides diversified business payment solutions, including payment gateways, utility bill payments, and payout services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Chennai, India
- Founders Geerthana Rajendran, Vigneshwar Rajendran
- SectorsFinancial Services
- Phone•••• ••••
- Website haodapayments.com
- Social Facebook Instagram
- Legal Name Haoda Payment Solutions Private Limited
- Date of Incorporation 05 May, 2021
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹26.23 Cr
FY 2024 · +28% YoY
- Net Profit₹9.03 Cr
FY 2024 · 34% margin
- EBITDA₹14.37 Cr
FY 2024 · 55% margin
Associated legal entities of Haoda Payments
Haoda Payments operates through Haoda Payment Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Haoda Payment Solutions Private Limited CIN U72900TN2021PTC143287 | Active | 05 May 2021 | Chennai, Tamil Nadu | ₹26.2 Cr | 35 | 4 | View details |
Board of directors of Haoda Payment Solutions Private Limited (Haoda Payments)
Haoda Payment Solutions Private Limited is the primary company behind Haoda Payments. The board of Haoda Payment Solutions Private Limited currently have 4 directors; the longest-serving is Rajendran Geerthana, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendran Geerthana DIN 09434344 | Director | 14 Dec 2021 | 4 yrs 10 mo | Haoda Payment Solutions Private Limited |
| Rajendran Vigneshwar DIN 09434310 | Director | 14 Dec 2021 | 4 yrs 10 mo | Haoda Payment Solutions Private Limited |
| Shankar Nagarajan DIN 08112607 | Director | 28 Jul 2025 | 1 yr 3 mo | Haoda Payment Solutions Private Limited |
| Ramesh Reddy Kanmanthreddy DIN 11368554 | Director | 13 Nov 2025 | 11 mo | Haoda Payment Solutions Private Limited |
People of Haoda Payments
2 people are tracked at Haoda Payments (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Haoda Payments
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- Full employee list
- Team structure
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Financials of Haoda Payments
Figures of Haoda Payment Solutions Private Limited, the primary company behind Haoda Payments, for FY 2024. Revenue was ₹26.23 Cr (+28% year on year). Net profit was ₹9.03 Cr (34% margin). EBITDA was ₹14.37 Cr (55% margin).
- ₹26.23 CrRevenue · FY 2024 · +28% YoY
- ₹9.03 CrNet profit · 34% margin
- ₹14.37 CrEBITDA · 55% margin
- ₹75 LakhPaid-up capital
- 35Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Haoda Payment Solutions Private Limited are on its company page.
Detailed financial statements for Haoda Payments
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Haoda Payments
Haoda Payments 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 Haoda Payments
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- Full competitor set
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Haoda Payments (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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Frequently Asked Questions about Haoda Payments
Haoda Payments was founded in 2021.
Haoda Payments is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Haoda Payments, Haoda Payment Solutions Private Limited, reported revenue of ₹26.23 Cr for FY 2024, up 28% year on year.
Haoda Payments, founded in 2021 in Chennai, India, focuses on offering financial products and advice, facilitating payment transactions, providing payment gateways, and utility and payout solutions. Provides diversified business payment solutions, including payment gateways, utility bill payments, and payout services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Haoda Payments operates through Haoda Payment Solutions Private Limited.
The legal entities of Haoda Payments currently have 4 directors, including Rajendran Geerthana, Rajendran Vigneshwar, Ramesh Reddy Kanmanthreddy and others.