About ID Paytek
ID Paytek was a Technology company based in Bengaluru (India) by Javeed Haroon and Naseer Humayun. It offers human resource management software solutions for companies. It operates on a B2B model. Its Indian entity Id Business Solutions Private Limited reported revenue of ₹86.1 Lakh. The company is recorded as dissolved. Its focus areas include Software, Human Resources and HR Management Solutions. Its competitors include Darwinbox, People Strong and GreytHR; 3 of its 3 listed competitors have raised funding.
Company details
ID Paytek operates with a B2B model, focusing on leveraging cutting-edge technology, software, managing HR solutions, and hr management solutions. Offers human resource management software solutions for companies. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Founders Javeed Haroon, Naseer Humayun
- SectorsTechnology
- Website idpaytek.com
- Social X
- Legal Name Id Business Solutions Private Limited
- Date of Incorporation 20 Oct, 2003
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹86.1 Lakh
FY 2025 · +273% YoY
- Net Profit₹57.7 Lakh
FY 2025 · 67% margin
- EBITDA₹73.2 Lakh
FY 2025 · 85% margin
Associated legal entities of ID Paytek
ID Paytek operates through Id Business Solutions 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 |
|---|---|---|---|---|---|---|---|
| Id Business Solutions Private Limited CIN U74140KA2003PTC032757 | Active | 20 Oct 2003 | Bangalore, Karnataka | ₹0.9 Cr | 4 | View details |
Board of directors of Id Business Solutions Private Limited (ID Paytek)
Id Business Solutions Private Limited is the primary company behind ID Paytek. The board of Id Business Solutions Private Limited currently have 4 directors; the longest-serving is Javeed Haroon, appointed in 2003. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Javeed Haroon DIN 00785309 | Director | 20 Oct 2003 | 23 yrs | Id Business Solutions Private Limited |
| Saad Humayun DIN 10304547 | Director | 09 Feb 2024 | 2 yrs 8 mo | Id Business Solutions Private Limited |
| Iffath Fathima DIN 08487585 | Director | 29 Nov 2024 | 1 yr 10 mo | Id Business Solutions Private Limited |
| Tabassum Javeed DIN 10577800 | Director | 29 Nov 2024 | 1 yr 10 mo | Id Business Solutions Private Limited |
People of ID Paytek
2 people are tracked at ID Paytek (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership | |
| Co-Founder, Director | Leadership |
Complete people profiles for ID Paytek
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 ID Paytek
Figures of Id Business Solutions Private Limited, the primary company behind ID Paytek, for FY 2025. Revenue was ₹86.1 Lakh (+273% year on year). Net profit was ₹57.7 Lakh (67% margin). EBITDA was ₹73.2 Lakh (85% margin). Revenue has grown at a compounded annual rate of +34% over three years and +8% over five years.
- ₹86.1 LakhRevenue · FY 2025 · +273% YoY
- ₹57.7 LakhNet profit · 67% margin
- ₹73.2 LakhEBITDA · 85% margin
- ₹1 LakhPaid-up capital
- +34%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Id Business Solutions Private Limited are on its company page.
Detailed financial statements for ID Paytek
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 ID Paytek
ID Paytek has 3 listed competitors in our database, 3 of them funded. They include Darwinbox, People Strong and GreytHR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| darwinbox.com | 2015 | Hyderabad, India | $143.97M | 1,022 | Human capital management platform is provided for HR process automation. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| greythr.com | 1994 | Bengaluru, India | $46.87M | 767 | Cloud-based HRMS and payroll software solutions are provided. |
Detailed competitors of ID Paytek
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about ID Paytek
ID Paytek is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind ID Paytek, Id Business Solutions Private Limited, reported revenue of ₹86.1 Lakh for FY 2025, up 273% year on year.
ID Paytek operates with a B2B model, focusing on leveraging cutting-edge technology, software, managing HR solutions, and hr management solutions. Offers human resource management software solutions for companies. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
ID Paytek's top competitors include GreytHR, People Strong and Darwinbox.
ID Paytek operates through Id Business Solutions Private Limited.
The legal entities of ID Paytek currently have 4 directors, including Saad Humayun, Iffath Fathima, Tabassum Javeed and others.