About KPay Innovation
KPay Innovation is a Financial Services company based in Pune (India) founded in 2018. Pay-as-you-go platform for device payments and accessibility without upfront costs. It operates on a D2C and B2C model in Financial Services and Technology sectors. Its Indian entity Kpay Innovation Private Limited reported revenue of ₹13.8 Lakh. KPay Innovation offers products and services including PayGo Platform and Device Tracking Service. Its focus areas include FinTech, Payment Technology, Pay-As-You-Go Services and Device Financing.
Company details
KPay provides a pay-as-you-go technology platform that allows consumers to pay for powered devices based on usage, enhancing affordability and accessibility for underserved populations. It enables companies to offer products as a service, integrating flexible payment modes and real-time tracking. Based in Pune, India, KPay targets bottom-of-the-pyramid users and businesses, disrupting traditional purchasing with data-driven analytics and no-internet requirements. This model supports customization for manufacturers and distributors while promoting asset-free living.
- Headquarters Pune, India
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website kpayasyougo.com
- Social LinkedIn
- Legal Name Kpay Innovation Private Limited
- Date of Incorporation 13 Apr, 2018
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹13.8 Lakh
FY 2025
- Net Loss-₹26.1 Lakh
FY 2025 · -189% margin
- EBITDA-₹22.2 Lakh
FY 2025 · -161% margin
Associated legal entities of KPay Innovation
KPay Innovation operates through Kpay Innovation Private 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 |
|---|---|---|---|---|---|---|---|
| Kpay Innovation Private Limited CIN U74999PN2018PTC176025 | Active | 13 Apr 2018 | Pune, Maharashtra | ₹0.1 Cr | 3 | View details |
Products & Services of KPay Innovation
KPay Innovation offers a comprehensive portfolio of products and services, including PayGo Platform and Device Tracking Service.
Enables usage-based payments for powered devices to improve accessibility.
Provides real-time status and data analytics for device management.
Board of directors of Kpay Innovation Private Limited (KPay Innovation)
Kpay Innovation Private Limited is the primary company behind KPay Innovation. The board of Kpay Innovation Private Limited currently have 3 directors; the longest-serving is Ravi Shrikant Pittie, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Shrikant Pittie DIN 00500846 | Director | 13 Apr 2018 | 8 yrs 6 mo | Kpay Innovation Private Limited |
| Aditya Shrikant Pittie DIN 00500849 | Director | 13 Apr 2018 | 8 yrs 6 mo | Kpay Innovation Private Limited |
| Shruti Mayur Chadha DIN 00778692 | Director | 28 Aug 2023 | 3 yrs 2 mo | Kpay Innovation Private Limited |
Financials of KPay Innovation
Figures of Kpay Innovation Private Limited, the primary company behind KPay Innovation, for FY 2025. Revenue was ₹13.8 Lakh. Net loss was -₹26.1 Lakh (-189% margin). EBITDA was -₹22.2 Lakh (-161% margin). Revenue has grown at a compounded annual rate of -2% over three years and +1% over five years.
- ₹13.8 LakhRevenue · FY 2025
- -₹26.1 LakhNet loss · -189% margin
- -₹22.2 LakhEBITDA · -161% margin
- ₹1 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kpay Innovation Private Limited are on its company page.
Detailed financial statements for KPay Innovation
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- Five-year trends
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Top companies in Travel Fintech
3 companies that operate in the same segment as KPay Innovation (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 4.26 M | 128 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Frequently Asked Questions about KPay Innovation
KPay Innovation was founded in 2018.
KPay Innovation is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind KPay Innovation, Kpay Innovation Private Limited, reported revenue of ₹13.8 Lakh for FY 2025.
KPay provides a pay-as-you-go technology platform that allows consumers to pay for powered devices based on usage, enhancing affordability and accessibility for underserved populations. It enables companies to offer products as a service, integrating flexible payment modes and real-time tracking. Based in Pune, India, KPay targets bottom-of-the-pyramid users and businesses, disrupting traditional purchasing with data-driven analytics and no-internet requirements. This model supports customization for manufacturers and distributors while promoting asset-free living.
KPay Innovation offers PayGo Platform and Device Tracking Service.
KPay Innovation operates through Kpay Innovation Private Limited.
The legal entities of KPay Innovation currently have 3 directors, including Ravi Shrikant Pittie, Aditya Shrikant Pittie, Shruti Mayur Chadha.