About HindPay
HindPay is a Financial Services company based in Noida (India) founded in 2020. It offers a digital wallet for convenient money transfers, prepaid recharges, and consumer bill payments. It operates on a B2C model. The company has 45 employees. Its Indian entity Eroute Technologies Private Limited reported revenue of ₹5.47 Cr. Its focus areas include FinTech, Digital Payments and Mobile Wallets. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
HindPay, established in 2020, excels in offering financial products and advice, innovating financial technology, digital payments, and mobile wallets. Offers a digital wallet for convenient money transfers, prepaid recharges, and consumer bill payments. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Noida, India
- Employees 45
- SectorsFinancial Services
- Website hindpay.co.in
- Legal Name Eroute Technologies Private Limited
- Date of Incorporation 24 Oct, 2018
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹5.47 Cr
FY 2024 · +34% YoY
- Net Loss-₹6.28 Cr
FY 2024 · -115% margin
- EBITDA-₹4.37 Cr
FY 2024 · -80% margin
- Employee Count45
Associated legal entities of HindPay
HindPay operates through Eroute Technologies 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 |
|---|---|---|---|---|---|---|---|
| Eroute Technologies Private Limited CIN U72900UP2018PTC109634 | Active | 24 Oct 2018 | Noida, Uttar Pradesh | ₹5.5 Cr | 45 | 6 | View details |
Board of directors of Eroute Technologies Private Limited (HindPay)
Eroute Technologies Private Limited is the primary company behind HindPay. The board of Eroute Technologies Private Limited currently have 6 directors; the longest-serving is Abhishek Saxena, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Saxena DIN 07791659 | Managing Director | 24 Oct 2018 | 8 yrs | Eroute Technologies Private Limited |
| Sanjeev Pandey DIN 08052594 | Director | 24 Oct 2018 | 8 yrs | Eroute Technologies Private Limited |
| Chun Hsin Ho DIN 07122334 | Director | 24 Oct 2018 | 8 yrs | Eroute Technologies Private Limited |
| Arun Kumar Purwar DIN 00026383 | Director | 01 Apr 2019 | 7 yrs 7 mo | Eroute Technologies Private Limited |
| Ram Nirankar Rastogi DIN 07063686 | Director | 01 Apr 2019 | 7 yrs 7 mo | Eroute Technologies Private Limited |
| Min Hua Ho DIN 07122339 | Nominee Director | 09 Sep 2023 | 3 yrs 2 mo | Eroute Technologies Private Limited |
Financials of HindPay
Figures of Eroute Technologies Private Limited, the primary company behind HindPay, for FY 2024. Revenue was ₹5.47 Cr (+34% year on year). Net loss was -₹6.28 Cr (-115% margin). EBITDA was -₹4.37 Cr (-80% margin). Revenue has grown at a compounded annual rate of +148% over three years.
- ₹5.47 CrRevenue · FY 2024 · +34% YoY
- -₹6.28 CrNet loss · -115% margin
- -₹4.37 CrEBITDA · -80% margin
- ₹2.12 CrPaid-up capital
- 45Employees (provident fund records)
- +148%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Eroute Technologies Private Limited are on its company page.
Detailed financial statements for HindPay
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Similar companies to HindPay
HindPay has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed similar companies of HindPay
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Related news about Hindpay
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Frequently Asked Questions about HindPay
HindPay was founded in 2020.
HindPay is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
HindPay has 45 employees.
The primary company behind HindPay, Eroute Technologies Private Limited, reported revenue of ₹5.47 Cr for FY 2024, up 34% year on year.
HindPay, established in 2020, excels in offering financial products and advice, innovating financial technology, digital payments, and mobile wallets. Offers a digital wallet for convenient money transfers, prepaid recharges, and consumer bill payments. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
HindPay operates through Eroute Technologies Private Limited.
The legal entities of HindPay currently have 6 directors, including Arun Kumar Purwar, Ram Nirankar Rastogi, Abhishek Saxena and others.