About HivePayroll
HivePayroll is a Financial Services company based in Bengaluru (India) founded in 2017. It offers cloud-based payroll processing, attendance, and compliance solutions for businesses. It operates on a SaaS and B2B model in Financial Services and Technology sectors. The company has 1 employees. Its Indian entity It Brothers Consulting Solutions Private Limited reported revenue of ₹9 Lakh. HivePayroll offers products and services including Payroll Software, Attendance Management, Leave Management, and TDS Management. Its focus areas include FinTech, Compliance Tech, Tax Management and TDS Processing.
Company details
HivePayroll is a software company based in Bangalore, India, specializing in cloud-based HR and payroll solutions. It automates processes like attendance tracking, leave management, payroll calculations, TDS handling, and statutory compliance. Designed for small and medium businesses, it ensures accurate data management and reporting, serving clients across India with efficient, secure services.
- Headquarters Bengaluru, India
- Employees 1
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website hivepayroll.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name It Brothers Consulting Solutions Pvt. Ltd.
- Date of Incorporation 03 Mar, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9 Lakh
FY 2025 · +3% YoY
- Net Loss-₹22.8 Lakh
FY 2025 · -253% margin
- EBITDA-₹16.1 Lakh
FY 2025 · -179% margin
- Employee Count1
Associated legal entities of HivePayroll
HivePayroll is associated with 2 registered companies on The Company Check; the primary company is It Brothers Consulting Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| It Brothers Consulting Solutions Private Limited CIN U72200KA2021PTC144845 | Active | 03 Mar 2021 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details | |
| Hivezee Solutions Private Limited CIN U74999RJ2020PTC070955 | Strike Off | 11 Sep 2020 | Jaipur, Rajasthan | 2 | View details |
Products & Services of HivePayroll
HivePayroll offers a comprehensive portfolio of products and services, including Payroll Software, Attendance Management, Leave Management, and TDS Management.
Automates payroll processing and tax compliance for businesses
Tracks employee attendance and work hours efficiently
Manages employee leave requests and approvals
Handles tax deductions and statutory reporting
Apps and channels of HivePayroll
HivePayroll publishes 1 mobile app with over 500 downloads; its YouTube channel Hivepayroll has 31 subscribers and 14 videos.
Videos from HivePayroll
The most watched videos on HivePayroll's YouTube channel, Hivepayroll (31 subscribers). Click a video to play it here.
More on Hivepayroll.
Board of directors of It Brothers Consulting Solutions Private Limited (HivePayroll)
It Brothers Consulting Solutions Private Limited is the primary company behind HivePayroll. The boards of the 2 registered companies of HivePayroll currently have 3 directors; the longest-serving is Nitin Vyas, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Vyas DIN 05321265 | Director | 11 Sep 2020 | 6 yrs 1 mo | Hivezee Solutions Private Limited |
| Chetan Sharma DIN 08874589 | Director | 03 Mar 2021 | 5 yrs 7 mo | It Brothers Consulting Solutions Private Limited, Hivezee Solutions Private Limited |
| Santosh DIN 10859465 | Director | 02 Dec 2024 | 1 yr 10 mo | It Brothers Consulting Solutions Private Limited |
Financials of HivePayroll
Figures of It Brothers Consulting Solutions Private Limited, the primary company behind HivePayroll, for FY 2025. Revenue was ₹9 Lakh (+3% year on year). Net loss was -₹22.8 Lakh (-253% margin). EBITDA was -₹16.1 Lakh (-179% margin). Revenue has grown at a compounded annual rate of -39% over three years.
- ₹9 LakhRevenue · FY 2025 · +3% YoY
- -₹22.8 LakhNet loss · -253% margin
- -₹16.1 LakhEBITDA · -179% margin
- ₹1 LakhPaid-up capital
- -39%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of It Brothers Consulting Solutions Private Limited are on its company page.
Detailed financial statements for HivePayroll
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.
Web traffic of HivePayroll
The website of HivePayroll (hivepayroll.co.in) receives about 7.3K visits a month.
- Monthly visits7.3K
▲ 19.5% vs previous month
Websites whose visitors overlap most with HivePayroll. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
socialtalky.com | socialtalky.com | 100% | #11,350,140 | – | |
| e-khata.com | 85% | 3.4K | #5,136,781 | View details |
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Frequently Asked Questions about HivePayroll
HivePayroll was founded in 2017.
HivePayroll is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
HivePayroll has 1 employees.
The primary company behind HivePayroll, It Brothers Consulting Solutions Private Limited, reported revenue of ₹9 Lakh for FY 2025, up 3% year on year.
HivePayroll is a software company based in Bangalore, India, specializing in cloud-based HR and payroll solutions. It automates processes like attendance tracking, leave management, payroll calculations, TDS handling, and statutory compliance. Designed for small and medium businesses, it ensures accurate data management and reporting, serving clients across India with efficient, secure services.
HivePayroll offers Payroll Software, Attendance Management, Leave Management, and TDS Management.
HivePayroll is associated with 2 legal entities: It Brothers Consulting Solutions Private Limited, Hivezee Solutions Private Limited.
The legal entities of HivePayroll currently have 3 directors, including Santosh, Chetan Sharma, Nitin Vyas.
Yes. HivePayroll publishes HivePayroll, with over 500 downloads.