About Kartpay
Kartpay was a Financial Services company based in Nagpur (India) founded in 2014 by Mithilesh Jindal. It delivers API-linked payment gateway solutions for secure transactions. It operates on a B2B model. Its chief executive is Mithilesh Jindal. Its Indian entity Salasar Ecommerce Total Solutions Private Limited reported revenue of ₹67.5 Lakh. The company is recorded as dissolved. Its focus areas include Payments, Gateways and Solutions and API-Integrated Payments. Similar companies include Stripe, Razorpay, Flutterwave, PayU and Mintoak and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
Kartpay delivers api-linked payment gateway solutions for secure transactions through offering financial products and advice, facilitating payment transactions, gateways and solutions, and api-integrated payments. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Nagpur, India
- Founders Mithilesh Jindal
- SectorsFinancial Services
- Website kartpay.com
- Legal Name Salasar Ecommerce Total Solutions Private Limited
- Date of Incorporation 24 Jun, 2014
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹67.5 Lakh
FY 2024 · +7% YoY
- Net Profit₹67,203
FY 2024 · 1% margin
- EBITDA₹4.2 Lakh
FY 2024 · 6% margin
Associated legal entities of Kartpay
Kartpay operates through Salasar Ecommerce Total Solutions Private Limited (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 |
|---|---|---|---|---|---|---|---|
| Salasar Ecommerce Total Solutions Private Limited CIN U72900MH2014PTC255630 | Active | 24 Jun 2014 | Nagpur, Maharashtra | ₹0.7 Cr | – | 2 | View details |
Board of directors of Salasar Ecommerce Total Solutions Private Limited (Kartpay)
Salasar Ecommerce Total Solutions Private Limited is the primary company behind Kartpay. The board of Salasar Ecommerce Total Solutions Private Limited currently have 2 directors; the longest-serving is Rajendra Ratan Jindal, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendra Ratan Jindal DIN 06823480 | Director | 24 Jun 2014 | 12 yrs 3 mo | Salasar Ecommerce Total Solutions Private Limited |
| Mithilesh Ratankumar Jindal DIN 06823452 | Director | 24 Jun 2014 | 12 yrs 3 mo | Salasar Ecommerce Total Solutions Private Limited |
People of Kartpay
1 people are tracked at Kartpay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership |
Complete people profiles for Kartpay
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 Kartpay
Figures of Salasar Ecommerce Total Solutions Private Limited, the primary company behind Kartpay, for FY 2024. Revenue was ₹67.5 Lakh (+7% year on year). Net profit was ₹67,203 (1% margin). EBITDA was ₹4.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of -14% over three years and +4% over five years.
- ₹67.5 LakhRevenue · FY 2024 · +7% YoY
- ₹67,203Net profit · 1% margin
- ₹4.2 LakhEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- -14%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Salasar Ecommerce Total Solutions Private Limited are on its company page.
Detailed financial statements for Kartpay
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.
Similar companies to Kartpay
Kartpay has 9 listed similar companies in our database, 8 of them funded. They include Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| airpay.co.in | 2012 | Mumbai, India | $3.63M | 996 | An integrated omnichannel platform for financial services is provided. |
Detailed similar companies of Kartpay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Kartpay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
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 processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Kartpay
Kartpay was founded in 2014.
Kartpay is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Mithilesh Jindal is the current CEO of Kartpay. They have also founded this company.
The primary company behind Kartpay, Salasar Ecommerce Total Solutions Private Limited, reported revenue of ₹67.5 Lakh for FY 2024, up 7% year on year.
Kartpay delivers api-linked payment gateway solutions for secure transactions through offering financial products and advice, facilitating payment transactions, gateways and solutions, and api-integrated payments. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Kartpay operates through Salasar Ecommerce Total Solutions Private Limited.
The legal entities of Kartpay currently have 2 directors, including Rajendra Ratan Jindal, Mithilesh Ratankumar Jindal.