About JioMoney
JioMoney is a Financial Services company based in Mumbai (India) founded in 2016. The company has 81 employees. Its website jiomoney.com draws about 17 thousand monthly visits. Its Indian entity Vibrant Advertising Pvt Ltd reported revenue of ₹2,044 Cr. JioMoney offers products and services including JioMoney. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
Semi-closed prepaid payment instrument. It is offered by Reliance Industries Limited. Users can make recharges, pay bills, insurance premiums, make online payments through the app. Users can also scan the barcode and make payments to local merchants. Also offers P2P money transfer feature. As of Dec 2016, the app had 10M downloads. In Feb 17, partnered with Uber to offer Reliance Jio wallet as a payment option for cab rides.
- Headquarters Mumbai, India
- Employees 81
- SectorsFinancial Services
- Email••••••••
- Website jiomoney.com
- Social X
- Legal Name Vibrant Advertising Pvt Ltd
- Date of Incorporation 16 May, 1988
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹2,044 Cr
FY 2024 · -23% YoY
- Net Profit₹27.21 Cr
FY 2024 · 1% margin
- EBITDA₹36.58 Cr
FY 2024 · 2% margin
- Employee Count81
Associated legal entities of JioMoney
JioMoney operates through Vibrant Advertising Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Vibrant Advertising Pvt Ltd CIN U74300GJ1988PTC010703 | Active | 16 May 1988 | Ahmedabad, Gujarat | ₹2,044 Cr | 81 | 3 | View details |
Products & Services of JioMoney
JioMoney offers a comprehensive portfolio of products and services, including JioMoney.
App for secure digital payments and transactions via MyJio.
Board of directors of Vibrant Advertising Pvt Ltd (JioMoney)
Vibrant Advertising Pvt Ltd is the primary company behind JioMoney. The board of Vibrant Advertising Pvt Ltd currently have 2 directors; the longest-serving is Devesh Chandrakant Vasavada, appointed in 2025. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devesh Chandrakant Vasavada DIN 00273128 | Director | 06 Jan 2025 | 1 yr 10 mo | Vibrant Advertising Pvt Ltd |
| Nikhil Bharadwaj Dave DIN 00650286 | Whole-time director | 10 Mar 2026 | 8 mo | Vibrant Advertising Pvt Ltd |
Financials of JioMoney
Figures of Vibrant Advertising Pvt Ltd, the primary company behind JioMoney, for FY 2024. Revenue was ₹2,044 Cr (-23% year on year). Net profit was ₹27.21 Cr (1% margin). EBITDA was ₹36.58 Cr (2% margin). Revenue has grown at a compounded annual rate of +43% over three years and -13% over five years.
- ₹2,044 CrRevenue · FY 2024 · -23% YoY
- ₹27.21 CrNet profit · 1% margin
- ₹36.58 CrEBITDA · 2% margin
- ₹84.16 CrPaid-up capital
- 81Employees (provident fund records)
- +43%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vibrant Advertising Pvt Ltd are on its company page.
Detailed financial statements for JioMoney
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to JioMoney
JioMoney 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 JioMoney
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Web traffic of JioMoney
The website of JioMoney (jiomoney.com) receives about 17.4K visits a month.
- Monthly visits17.4K
▲ 10% vs previous month
Websites whose visitors overlap most with JioMoney. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linkedin.com | 100% | 1.9B | #18 | View details | |
| instagram.com | 100% | 7.1B | #4 | View details | |
| facebook.com | 95% | 12.1B | #3 | View details | |
| reddit.com | 92% | 4.4B | #9 | View details | |
| jio.com | 91% | 46.9M | #997 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for JioMoney
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as JioMoney (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Jiomoney
Complete news archive for JioMoney
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Frequently Asked Questions about JioMoney
JioMoney was founded in 2016.
JioMoney is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
JioMoney has 81 employees.
The primary company behind JioMoney, Vibrant Advertising Pvt Ltd, reported revenue of ₹2,044 Cr for FY 2024, down 23% year on year.
Semi-closed prepaid payment instrument. It is offered by Reliance Industries Limited. Users can make recharges, pay bills, insurance premiums, make online payments through the app. Users can also scan the barcode and make payments to local merchants. Also offers P2P money transfer feature. As of Dec 2016, the app had 10M downloads. In Feb 17, partnered with Uber to offer Reliance Jio wallet as a payment option for cab rides.
JioMoney offers JioMoney.
JioMoney operates through Vibrant Advertising Pvt Ltd.
The legal entities of JioMoney currently have 3 directors, including Devesh Chandrakant Vasavada, Tushar Jambhekar, Nikhil Bharadwaj Dave.