About India1
India1 is a Financial Services company founded in 2006. ATM and payment services in India. Its Indian entity India1 Payments Limited reported revenue of βΉ670 Cr. India1 offers products and services including ATM Services and Grievance and Support Services. Its focus areas include Payments, ATM Operations, White Label ATMs and Banking.
Company details
India1 Payments Ltd. is recognized for its involvement in the ATM business, where white-label ATMs are managed across India. Warnings about fraudulent websites have been issued by the company to protect users from scams related to ATM installations. Services such as grievance redressal and location suggestions are offered to facilitate secure operations. The entity is headquartered in Bengaluru and emphasizes caution in financial dealings, ensuring no funds are sought for installations. Financial reports and investor relations are made available for transparency.
- SectorsFinancial Services
- Website india1atm.in
- Legal Name India1 Payments Ltd
- Date of Incorporation 30 Jun, 2006
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹670 Cr
FY 2025 · +4% YoY
- Indian entity net profit₹31.03 Cr
FY 2025 · 5% margin
- Indian entity EBITDA₹271 Cr
FY 2025 · 41% margin
Associated legal entities of India1
India1 operates through India1 Payments 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 |
|---|---|---|---|---|---|---|---|
| India1 Payments Limited CIN U93090KA2006FLC050581 | Active | 30 Jun 2006 | Bangalore, Karnataka | ₹670 Cr | 14 | View details |
Products & Services of India1
India1 offers a comprehensive portfolio of products and services, including ATM Services and Grievance and Support Services.
White-label ATMs are provided for operational needs in the financial sector
Complaints and location suggestions for ATMs are handled to support users
Board of directors of India1 Payments Limited (India1)
India1 Payments Limited is the primary company behind India1. The board of India1 Payments Limited currently have 9 directors; the longest-serving is David Scott Glen, appointed in 2006. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| David Scott Glen DIN 02073436 | Director | 30 Jun 2006 | 20 yrs 4 mo | India1 Payments Limited |
| Peter Alexander Blackett DIN 06649881 | Nominee Director | 14 Aug 2013 | 13 yrs 2 mo | India1 Payments Limited |
| Srinivas Kondethimmanapalli DIN 03533535 | Director | 02 Dec 2013 | 12 yrs 10 mo | India1 Payments Limited |
| Nikhil Mohta DIN 00932030 | Nominee Director | 05 Feb 2019 | 7 yrs 8 mo | India1 Payments Limited |
| Ruchita Taneja Aggarwal DIN 09295623 | Director | 01 Sep 2021 | 5 yrs 2 mo | India1 Payments Limited |
| Amrita Gangotra DIN 08333492 | Director | 01 Sep 2021 | 5 yrs 2 mo | India1 Payments Limited |
| Natrajh Ramakrishna DIN 06597041 | Director | 01 Sep 2021 | 5 yrs 2 mo | India1 Payments Limited |
| Kamlesh Dadlani DIN 10790204 | Nominee Director | 25 Nov 2024 | 1 yr 11 mo | India1 Payments Limited |
| Shaleen Jain DIN 00487366 | CFO | 01 Jul 2025 | 1 yr 4 mo | India1 Payments Limited |
People of India1
37 people are tracked at India1 (12 in leadership, 25 in team).
| Name | Role | Group |
|---|---|---|
K. Srinivas | Managing Director & CEO | Leadership |
Sanjay Bajaj | Chief Financial Officer | Leadership |
Rajeev Desai | Chief Operating Officer | Leadership |
R. Kumara Krishnan | Chief Sales & Marketing Officer | Leadership |
Novsheer Hussain | Geography Head | Leadership |
Kumara Krishnan | Chief Sales And Marketing Officer | Leadership |
Deepak Gangadharan | Chief Technology Officer | Leadership |
Prashanth H.r | Head - WLA ATM Operations | Leadership |
Shop Chandan | Head Legal And Compliance | Leadership |
Shekhar Yadav | Assistant Vice President | Leadership |
Soumyadeep Barman | Vice President - Head Cash Operations And Reconciliation | Leadership |
Augustine Y | Assistant Vice President Admin & Facilitates | Leadership |
Riyaz Sk | Sr.manager Cash | Team |
Shouvik Dutta | Zonal Operations Manager | Team |
Mohit Nagar | Company Secretary I Legal & Compliance | Team |
| Financial Controller | Team | |
Ravi Kumar | Asst. Manager - Accounts Payables | Team |
Sunil Kumbhar | Manager | Team |
Deepak P | Manager | Team |
Jaideep Ajmani | Cluster Operation Manager | Team |
17 more people are available in the full profile.
Complete people profiles for India1
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of India1
Figures of India1 Payments Limited, the primary company behind India1, for FY 2025. Revenue was ₹670 Cr (+4% year on year). Net profit was ₹31.03 Cr (5% margin). EBITDA was ₹271 Cr (41% margin). Revenue has grown at a compounded annual rate of +14% over three years.
- ₹670 CrRevenue · FY 2025 · +4% YoY
- ₹31.03 CrNet profit · 5% margin
- ₹271 CrEBITDA · 41% margin
- ₹16.21 CrPaid-up capital
- +14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of India1 Payments Limited are on its company page.
Detailed financial statements for India1
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about India1
India1 was founded in 2006.
The primary company behind India1, India1 Payments Limited, reported revenue of βΉ670 Cr for FY 2025, up 4% year on year.
India1 Payments Ltd. is recognized for its involvement in the ATM business, where white-label ATMs are managed across India. Warnings about fraudulent websites have been issued by the company to protect users from scams related to ATM installations. Services such as grievance redressal and location suggestions are offered to facilitate secure operations. The entity is headquartered in Bengaluru and emphasizes caution in financial dealings, ensuring no funds are sought for installations. Financial reports and investor relations are made available for transparency.
India1 offers ATM Services and Grievance and Support Services.
India1 operates through India1 Payments Limited.
The legal entities of India1 currently have 12 directors, including Nikhil Mohta, David Scott Glen, Shaleen Jain and others.

