About Less Pay
Less Pay is a Retail company based in Gurugram (India) founded in 2022 by Sahgal Yadav and Hemant Disodia. It provides mobile app for discounted payments, rewards, and local deals to users. It operates on a D2C and B2C model in Retail and Financial Services sectors. The company has 1 employees. Its chief executive, as recorded, is Sahgal Yadav. Its Indian entity Gastos Private Limited reported revenue of ₹1.8 Lakh. Less Pay offers products and services including Less Pay App and Scan and Pay Service. Its focus areas include FinTech, Loyalty Tech, Rewards Systems and Hyperlocal Deals.
Company details
Less Pay is a digital payment platform that simplifies online transactions by offering instant discounts and loyalty rewards through a user-friendly app. It enables users to scan QR codes for seamless payments via services like BHIM or Paytm, track savings, and discover hyper-local deals. The platform caters to both customers and merchants, facilitating discounted payments without internet in some cases. Based in Bhiwani, India, it focuses on enhancing convenience and security for everyday transactions.
- Headquarters Gurugram, India
- Employees 1
- Founders Sahgal Yadav, Hemant Disodia
- SectorsRetailFinancial Services
- Email••••••••
- Website lesspay.ai
- Social LinkedIn Instagram
- Legal Name Gastos Private Limited
- Date of Incorporation 12 Jul, 2020
- Jurisdiction Bhiwani, Haryana, India
- Annual Revenue₹1.8 Lakh
FY 2023 · +17104% YoY
- Net Loss-₹10.4 Lakh
FY 2023 · -569% margin
- EBITDA-₹10.3 Lakh
FY 2023 · -562% margin
- Employee Count1
Associated legal entities of Less Pay
Less Pay operates through Gastos Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gastos Private Limited CIN U74999HR2020PTC087397 | Active | 12 Jul 2020 | Bhiwani, Haryana | ₹0.0 Cr | 2 | View details |
Products & Services of Less Pay
Less Pay offers a comprehensive portfolio of products and services, including Less Pay App and Scan and Pay Service.
Mobile app for scanning payments and earning rewards instantly.
Feature for quick QR-based payments with real-time discounts.
Board of directors of Gastos Private Limited (Less Pay)
Gastos Private Limited is the primary company behind Less Pay. The board of Gastos Private Limited currently have 2 directors; the longest-serving is Sahgal Kumar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sahgal Kumar DIN 08790256 | Director | 12 Jul 2020 | 6 yrs 3 mo | Gastos Private Limited |
| Virender Singh DIN 08790257 | Director | 12 Jul 2020 | 6 yrs 3 mo | Gastos Private Limited |
People of Less Pay
2 people are tracked at Less Pay (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Sahgal Yadav | Co-Founder, CEO | Leadership |
Hemant Disodia | Co-Founder | Leadership |
Complete people profiles for Less Pay
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 Less Pay
Figures of Gastos Private Limited, the primary company behind Less Pay, for FY 2023. Revenue was ₹1.8 Lakh (+17104% year on year). Net loss was -₹10.4 Lakh (-569% margin). EBITDA was -₹10.3 Lakh (-562% margin).
- ₹1.8 LakhRevenue · FY 2023 · +17104% YoY
- -₹10.4 LakhNet loss · -569% margin
- -₹10.3 LakhEBITDA · -562% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Gastos Private Limited are on its company page.
Detailed financial statements for Less 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.
Top companies in Deals, Rewards & Comparison Platforms
2 companies that operate in the same segment as Less Pay (Deals, Rewards & Comparison Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Cashback and coupon offers are provided for e-commerce shopping. | Gurugram, Haryana, India | USD 32.61 M |
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Frequently Asked Questions about Less Pay
Less Pay was founded in 2022.
Less Pay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Sahgal Yadav is the CEO of Less Pay, as recorded in our data. They have also founded this company.
Less Pay has 1 employees.
The primary company behind Less Pay, Gastos Private Limited, reported revenue of ₹1.8 Lakh for FY 2023, up 17104% year on year.
Less Pay is a digital payment platform that simplifies online transactions by offering instant discounts and loyalty rewards through a user-friendly app. It enables users to scan QR codes for seamless payments via services like BHIM or Paytm, track savings, and discover hyper-local deals. The platform caters to both customers and merchants, facilitating discounted payments without internet in some cases. Based in Bhiwani, India, it focuses on enhancing convenience and security for everyday transactions.
Less Pay offers Less Pay App and Scan and Pay Service.
Less Pay operates through Gastos Private Limited.
The legal entities of Less Pay currently have 2 directors, including Sahgal Kumar, Virender Singh.