About JioPay
JioPay is a Financial Services company based in Thane (India) founded in 2007. Digital payment acceptance solution for businesses. Its chief executive, as recorded, is Kashinath Hariharan. Its Indian entity Jio Payment Solutions Limited reported revenue of ₹72.91 Cr. Its focus areas include FinTech, Payments, Business Payments and Diversified. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
JioPay was founded in 2007 and is based in Thane, India. Operations focus on the fintech sector, where digital payment solutions are offered to businesses. Services include an online payment gateway, multi-mode POS terminals, UPI integration, recharge and bill payment acceptance, along with real-time voice and text notifications. The application is available on the Android platform.
- Headquarters Thane, India
- SectorsFinancial Services
- Email••••••••
- Website jiopay.com
- Legal Name Jio Payment Solutions Limited
- Date of Incorporation 07 Sep, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹72.91 Cr
FY 2025 · +7% YoY
- Net Loss-₹38.22 Cr
FY 2025 · -52% margin
- EBITDA-₹28.98 Cr
FY 2025 · -40% margin
Associated legal entities of JioPay
JioPay is associated with 3 registered companies on The Company Check; the primary company is Jio Payment Solutions 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 |
|---|---|---|---|---|---|---|---|
| Jio Payment Solutions Limited CIN U65923MH2007PLC173923 | Active | 07 Sep 2007 | Mumbai, Maharashtra | ₹72.9 Cr | 73 | 7 | View details |
| Reliance Industrial Investments And Holdings Limited CIN U65910GJ1986PLC106745 | Active | 01 Oct 1986 | Ahmedabad, Gujarat | ₹1,139 Cr | 18 | 6 | View details |
| Reliance Industries Limited Listed CIN L17110MH1973PLC019786 | Active | 08 May 1973 | Mumbai, Maharashtra | ₹547,779 Cr | 37,938 | 16 | View details |
Board of directors of Jio Payment Solutions Limited (JioPay)
Jio Payment Solutions Limited is the primary company behind JioPay. The boards of the 3 registered companies of JioPay currently have 20 directors; the longest-serving is Mukesh Dhirubhai Ambani, appointed in 1977. 75 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Dhirubhai Ambani DIN 00001695 | Managing Director | 01 Apr 1977 | 49 yrs 7 mo | Reliance Industries Limited |
| Nikhil Rasiklal Meswani DIN 00001620 | Whole-time director | 01 Jul 2008 | 18 yrs 4 mo | Reliance Industries Limited |
| Madhusudana Sivaprasad Panda DIN 00012144 | Whole-time director | 21 Aug 2009 | 17 yrs 2 mo | Reliance Industries Limited |
| Hital Rasiklal Meswani DIN 00001623 | Whole-time director | 04 Aug 2010 | 16 yrs 2 mo | Reliance Industries Limited |
| Shumeet Banerji DIN 02787784 | Director | 21 Jul 2017 | 9 yrs 3 mo | Reliance Industries Limited |
| Arundhati Bhattacharya DIN 02011213 | Director | 17 Oct 2018 | 8 yrs | Reliance Industries Limited |
| Veerayya Chowdary Kosaraju DIN 08485334 | Director | 18 Oct 2019 | 7 yrs | Reliance Industries Limited |
| Yasir Othman H Alrumayyan DIN 09245977 | Director | 19 Jul 2021 | 5 yrs 3 mo | Reliance Industries Limited |
| Kundapur Kamath DIN 00043501 | Director | 20 Jan 2023 | 3 yrs 9 mo | Reliance Industries Limited |
| Mohana Venkatachalam DIN 08333092 | Director | 25 Aug 2023 | 3 yrs 2 mo | Reliance Industrial Investments And Holdings Limited |
| Sethuraman Kandasamy DIN 00007787 | Director | 25 Aug 2023 | 3 yrs 2 mo | Reliance Industrial Investments And Holdings Limited |
| Bimal Manu Tanna DIN 06767157 | Director | 25 Aug 2023 | 3 yrs 2 mo | Reliance Industrial Investments And Holdings Limited, Jio Payment Solutions Limited |
| Hitesh Kumar Sethia DIN 09250710 | Director | 29 Aug 2023 | 3 yrs 2 mo | Jio Payment Solutions Limited |
| Isha Mukesh Ambani DIN 06984175 | Director | 27 Oct 2023 | 3 yrs | Reliance Industries Limited |
| Akash Mukesh Ambani DIN 06984194 | Director | 27 Oct 2023 | 3 yrs | Reliance Industries Limited |
| Anant Mukesh Ambani DIN 07945702 | Whole-time director | 27 Oct 2023 | 3 yrs | Reliance Industries Limited |
| Rama Vedashree DIN 10412547 | Director | 11 Jan 2024 | 2 yrs 9 mo | Jio Payment Solutions Limited |
| Haigreve Khaitan DIN 00005290 | Director | 01 Apr 2024 | 2 yrs 7 mo | Reliance Industries Limited |
| Puthuaizthumadam Hariharan Kashinathan DIN 10594121 | CEO | 17 Apr 2024 | 2 yrs 6 mo | Jio Payment Solutions Limited |
| Dinesh Hasmukhrai Kanabar DIN 00003252 | Director | 12 Jun 2025 | 1 yr 4 mo | Reliance Industries Limited |
People of JioPay
1 people are tracked at JioPay (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kashinath Hariharan | CEO & MD | Leadership |
Complete people profiles for JioPay
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Financials of JioPay
Figures of Jio Payment Solutions Limited, the primary company behind JioPay, for FY 2025. Revenue was ₹72.91 Cr (+7% year on year). Net loss was -₹38.22 Cr (-52% margin). EBITDA was -₹28.98 Cr (-40% margin). Revenue has grown at a compounded annual rate of +23% over three years and +30% over five years.
- ₹72.91 CrRevenue · FY 2025 · +7% YoY
- -₹38.22 CrNet loss · -52% margin
- -₹28.98 CrEBITDA · -40% margin
- ₹276 CrPaid-up capital
- 73Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jio Payment Solutions Limited are on its company page.
Detailed financial statements for JioPay
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Similar companies to JioPay
JioPay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of JioPay
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Web traffic of JioPay
The website of JioPay (jiopay.com) receives about 5.8K visits a month.
- Monthly visits5.8K
▼ 34.5% vs previous month
Websites whose visitors overlap most with JioPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
jiobank.in | jiobank.in | 100% | #314,072 | – | |
| jfs.in | 95% | 71.9K | #362,712 | View details | |
| xpay.life | 82% | 2.3K | #7,229,942 | View details | |
| gokwik.co | 82% | 2.3M | #31,330 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as JioPay (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 Jiopay
Complete news archive for JioPay
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Frequently Asked Questions about JioPay
JioPay was founded in 2007.
JioPay is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Kashinath Hariharan is the CEO of JioPay, as recorded in our data.
The primary company behind JioPay, Jio Payment Solutions Limited, reported revenue of ₹72.91 Cr for FY 2025, up 7% year on year.
JioPay was founded in 2007 and is based in Thane, India. Operations focus on the fintech sector, where digital payment solutions are offered to businesses. Services include an online payment gateway, multi-mode POS terminals, UPI integration, recharge and bill payment acceptance, along with real-time voice and text notifications. The application is available on the Android platform.
JioPay is associated with 3 legal entities: Jio Payment Solutions Limited, Reliance Industrial Investments And Holdings Limited, Reliance Industries Limited.
The legal entities of JioPay currently have 27 directors, including Sunil Shantilal Jain, Harshkumar Nirajrav Kadam, Ritu Pranav Yadav and others.