About Mahagram
Mahagram was a Financial Services company based in Thane (India) founded in 2015 by Ram Shriram Pathade. It provides API-based corresponding banking solutions. It operates on a B2B model. The company has 43 employees. Its chief executive, as recorded, is Ram Shriram Pathade. Its Indian entity Mahagram Payments Private Limited reported revenue of ₹12.80 Cr. The company is recorded as dissolved. Its focus areas include Finance, Banking, API Services and Corresponding Banking. Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
Mahagram, led by Ram Shriram Pathade as Founder, CEO, specializes in finance, banking, api services, and corresponding banking. Provides API-based corresponding banking solutions. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Thane, India
- Employees 43
- Founders Ram Shriram Pathade
- SectorsFinancial Services
- Website mahagram.in
- Social X Facebook
- Legal Name Mahagram Payments Private Limited
- Date of Incorporation 12 Jun, 2015
- Annual Revenue₹12.80 Cr
FY 2021 · +44% YoY
- Net Profit₹72.3 Lakh
FY 2021 · 6% margin
- EBITDA₹1.91 Cr
FY 2021 · 15% margin
- Employee Count43
Associated legal entities of Mahagram
Mahagram operates through Mahagram Payments Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mahagram Payments Private Limited CIN U74999MH2015GAT265470 | Active | 12 Jun 2015 | Mumbai, Maharashtra | ₹12.8 Cr | 44 | 2 | View details |
Board of directors of Mahagram Payments Private Limited (Mahagram)
Mahagram Payments Private Limited is the primary company behind Mahagram. The board of Mahagram Payments Private Limited currently have 2 directors; the longest-serving is Ram Shriram Pathade, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ram Shriram Pathade DIN 07208213 | Director | 12 Jun 2015 | 11 yrs 4 mo | Mahagram Payments Private Limited |
| Vasudev Chidambar Phadnis DIN 03489886 | Additional Director | 10 Mar 2022 | 4 yrs 7 mo | Mahagram Payments Private Limited |
People of Mahagram
1 people are tracked at Mahagram (1 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Mahagram
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Financials of Mahagram
Figures of Mahagram Payments Private Limited, the primary company behind Mahagram, for FY 2021. Revenue was ₹12.80 Cr (+44% year on year). Net profit was ₹72.3 Lakh (6% margin). EBITDA was ₹1.91 Cr (15% margin). Revenue has grown at a compounded annual rate of +139% over three years and +102% over five years.
- ₹12.80 CrRevenue · FY 2021 · +44% YoY
- ₹72.3 LakhNet profit · 6% margin
- ₹1.91 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 44Employees (provident fund records)
- +139%Revenue CAGR, 3 years
- +102%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mahagram Payments Private Limited are on its company page.
Detailed financial statements for Mahagram
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Competitors of Mahagram
Mahagram has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of Mahagram
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Top companies in Banks
3 companies that operate in the same segment as Mahagram (Banks) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | Jaipur, Rajasthan, India | USD 118 M | USD 2.3 B | 50,950 | |
Small finance services are extended to underserved segments in India. | 2005 | Bengaluru, Karnataka, India | USD 153.96 M | 21,203 | ||
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 |
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Related news about Mahagram
Complete news archive for Mahagram
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Frequently Asked Questions about Mahagram
Mahagram was founded in 2015.
Mahagram is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Ram Shriram Pathade is the CEO of Mahagram, as recorded in our data. They have also founded this company.
Mahagram has 43 employees.
The primary company behind Mahagram, Mahagram Payments Private Limited, reported revenue of ₹12.80 Cr for FY 2021, up 44% year on year.
Mahagram, led by Ram Shriram Pathade as Founder, CEO, specializes in finance, banking, api services, and corresponding banking. Provides API-based corresponding banking solutions. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction. It continues to evolve, meeting industry challenges with strategic approaches.
Mahagram's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
Mahagram operates through Mahagram Payments Private Limited.
The legal entities of Mahagram currently have 2 directors, including Ram Shriram Pathade, Vasudev Chidambar Phadnis.