About Kiaraa Pay
Kiaraa Pay is a Financial Services company based in Delhi (India) founded in 2022. It offers a correspondent banking network with secure digital banking services for financial institutions. It operates on a B2B model. The company has 1 employees. Its Indian entity Kiaraa Pay Technology Private Limited reported revenue of ₹1.23 Cr. Its focus areas include Banking, Digital Banking and Correspondent Banking. Its competitors include Spice Money, PayNearby and Suvidhaa; 3 of its 3 listed competitors have raised funding.
Company details
Kiaraa Pay offers a correspondent banking network with secure digital banking services for financial institutions, focusing on offering financial products and advice, banking, digital banking, and correspondent banking. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- Employees 1
- SectorsFinancial Services
- Website kiaraapay.com
- Legal Name Kiaraa Pay Technology Private Limited
- Date of Incorporation 21 Sep, 2022
- Jurisdiction Delhi, India
- Annual Revenue₹1.23 Cr
FY 2024 · +607% YoY
- Net Profit₹2 Lakh
FY 2024 · 2% margin
- EBITDA₹2.2 Lakh
FY 2024 · 2% margin
- Employee Count1
Associated legal entities of Kiaraa Pay
Kiaraa Pay is associated with 2 registered companies on The Company Check; the primary company is Kiaraa Pay Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kiaraa Pay Technology Private Limited CIN U62090DL2022PTC404887 | Active | 21 Sep 2022 | Delhi, Delhi | ₹1.2 Cr | 2 | View details | |
| Kiaraa Pay Technology Private Limited CIN U74999DL2022PTC404887 | 21 Sep 2022 | Delhi, India | View details |
Board of directors of Kiaraa Pay Technology Private Limited (Kiaraa Pay)
Kiaraa Pay Technology Private Limited is the primary company behind Kiaraa Pay. The board of Kiaraa Pay Technology Private Limited currently have 2 directors; the longest-serving is Ajit Kumar, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajit Kumar DIN 09743680 | Director | 21 Sep 2022 | 4 yrs 1 mo | Kiaraa Pay Technology Private Limited |
| Manoj Kumar DIN 10985039 | Additional Director | 05 Mar 2025 | 1 yr 7 mo | Kiaraa Pay Technology Private Limited |
Financials of Kiaraa Pay
Figures of Kiaraa Pay Technology Private Limited, the primary company behind Kiaraa Pay, for FY 2024. Revenue was ₹1.23 Cr (+607% year on year). Net profit was ₹2 Lakh (2% margin). EBITDA was ₹2.2 Lakh (2% margin).
- ₹1.23 CrRevenue · FY 2024 · +607% YoY
- ₹2 LakhNet profit · 2% margin
- ₹2.2 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Kiaraa Pay Technology Private Limited are on its company page.
Detailed financial statements for Kiaraa Pay
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 Kiaraa Pay
Kiaraa Pay has 3 listed competitors in our database, 3 of them funded. They include Spice Money, PayNearby and Suvidhaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas | |
| paynearby.in | 2016 | Mumbai, India | $3.95M | 837 | Digital payment and banking services are facilitated via retail partnerships. | |
| suvidhaa.com | 2007 | Mumbai, India | $37.8M | 15 | Tech-enabled financial and e-commerce services are delivered via retail outlets. |
Detailed competitors of Kiaraa Pay
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.
Web traffic of Kiaraa Pay
The website of Kiaraa Pay (kiaraapay.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 12% vs previous month
Top companies in Cloud Banking
3 companies that operate in the same segment as Kiaraa Pay (Cloud Banking) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers IT consulting, software development, cloud services, and security solutions. | 2001 | Gurugram, Haryana, India | USD 25.43 M | 786 | ||
Offers app-based correspondent banking services for users. | 2015 | Mumbai, Maharashtra, India | USD 1.72 M | 44 | ||
Offers digital transformation, cloud development, QA automation, and consulting services. | 2008 | Hyderabad, Telangana, India | USD 8.14 M | 324 |
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 Kiaraa Pay
Kiaraa Pay was founded in 2022.
Kiaraa Pay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Kiaraa Pay has 1 employees.
The primary company behind Kiaraa Pay, Kiaraa Pay Technology Private Limited, reported revenue of ₹1.23 Cr for FY 2024, up 607% year on year.
Kiaraa Pay offers a correspondent banking network with secure digital banking services for financial institutions, focusing on offering financial products and advice, banking, digital banking, and correspondent banking. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Kiaraa Pay's top competitors include Spice Money, PayNearby and Suvidhaa.
Kiaraa Pay operates through Kiaraa Pay Technology Private Limited.
The legal entities of Kiaraa Pay currently have 2 directors, including Ajit Kumar, Manoj Kumar.