About Hire Pay
Hire Pay is a company based in Mumbai (India) founded in 2017 by Satish Burange. It operates as a B2B. Hire Pay operates in a competitive market with competitors including Rent Alpha, Equiphunt, Yellow Rentals, EZLease and Heavy Equipments, among others.
- Headquarter Mumbai, India
- Founders Satish Burange
- SectorsTechnology
- Website hirepay.in
- Legal Name Field Asset Tracking System Private Limited
- Date of Incorporation 22 Jun, 2017
- Jurisdiction Kandivali, Mumbai, Maharashtra, India
- Annual Revenue₹1.26 Cr
FY 2020 · -48% YoY
- Net Profit₹1.1 Lakh
FY 2020 · 1% margin
- EBITDA₹14.2 Lakh
FY 2020 · 11% margin
Associated legal entities of Hire Pay
Hire Pay operates through Field Asset Tracking System Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Field Asset Tracking System Private Limited CIN U74999MH2017PTC296496 | Active | 22 Jun 2017 | Mumbai, Maharashtra | ₹1.3 Cr | – | 2 | View details |
Board of directors of Field Asset Tracking System Private Limited (Hire Pay)
Field Asset Tracking System Private Limited is the primary company behind Hire Pay. The board of Field Asset Tracking System Private Limited currently have 2 directors; the longest-serving is Satish Mahadeo Burange, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Mahadeo Burange DIN 02237123 | Managing Director | 22 Jun 2017 | 9 yrs 3 mo | Field Asset Tracking System Private Limited |
| Mahadev Vithal Burange DIN 07820409 | Director | 22 Jun 2017 | 9 yrs 3 mo | Field Asset Tracking System Private Limited |
People of Hire Pay
1 people are tracked at Hire Pay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Hire Pay
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 Hire Pay
Figures of Field Asset Tracking System Private Limited, the primary company behind Hire Pay, for FY 2020. Revenue was ₹1.26 Cr (-48% year on year). Net profit was ₹1.1 Lakh (1% margin). EBITDA was ₹14.2 Lakh (11% margin).
- ₹1.26 CrRevenue · FY 2020 · -48% YoY
- ₹1.1 LakhNet profit · 1% margin
- ₹14.2 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Field Asset Tracking System Private Limited are on its company page.
Detailed financial statements for Hire Pay
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.
Competitors of Hire Pay
Hire Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rent Alpha, Equiphunt, Yellow Rentals, EZLease and Heavy Equipments, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rentalpha.com | 2014 | Mumbai, India | $36.22M | 48 | Online B2B rentals of heavy machinery and equipment are facilitated. | |
| equiphunt.com | 2015 | Hyderabad, India | $335,432 | 40 | Construction equipment rentals are enabled via an online marketplace platform. | |
| yellowrentals.in | 2018 | Delhi, India | – | 23 | Power generation, material handling, and construction equipment services are provided. | |
| ezlease.in | 2021 | Chennai, India | $236,789 | – | Industrial equipment is rented and leased through an online platform. | |
| heavyequipments.in | 2015 | Bharuch, India | – | – | Online listings for buying/selling and renting heavy construction equipment | |
| expressworld.com | 1946 | Mumbai, India | – | 28 | B2B platform offering heavy machinery on rental basis | |
| orento.co | 2016 | Gurugram, India | – | – | Industrial equipment is rented via an online marketplace platform. |
Detailed competitors of Hire Pay
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.
Similar companies to Hire Pay
10 companies that operate in the same segment as Hire Pay (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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
Frequently Asked Questions about Hire Pay
Hire Pay was founded in 2017.
Hire Pay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Satish Burange is the current CEO of Hire Pay. They have also founded this company.
The primary company behind Hire Pay, Field Asset Tracking System Private Limited, reported revenue of ₹1.26 Cr for FY 2020, down 48% year on year.
Hire Pay, led by Satish Burange as Founder, CEO, specializes in leveraging cutting-edge technology, iot, tracking assets, and solutions. Provides IoT-based solutions for effective asset tracking. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Hire Pay's top competitors include Rent Alpha, Equiphunt and Yellow Rentals.
Hire Pay operates through Field Asset Tracking System Private Limited.
The legal entities of Hire Pay currently have 2 directors, including Satish Mahadeo Burange, Mahadev Vithal Burange.