About MincApp
MincApp is a company based in India. MincApp offers products and services including MincApp Mobile App and MincApp Desktop App.
- Headquarter India
- SectorsFinancial Services
- Legal Name Samatha Digital Solutions Pvt Ltd
- Date of Incorporation 30 Sep, 2016
- Jurisdiction Mysore, Karnataka, India
- Annual Revenue₹5.5 Lakh
FY 2024 · +41% YoY
- Net Loss-₹9.9 Lakh
FY 2024 · -180% margin
- EBITDA-₹4.2 Lakh
FY 2024 · -76% margin
Associated legal entities of MincApp
MincApp operates through Samatha Digital 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 |
|---|---|---|---|---|---|---|---|
| Samatha Digital Solutions Private Limited CIN U72900KA2016PTC096860 | Active | 30 Sep 2016 | Mysore, Karnataka | ₹0.1 Cr | – | 2 | View details |
Products & Services of MincApp
MincApp offers a comprehensive portfolio of products and services, including MincApp Mobile App and MincApp Desktop App.
A mobile application is utilized for banking operations, allowing field agents to perform services efficiently
A desktop application is employed by bank staff for monitoring and integrating with banking systems
Board of directors of Samatha Digital Solutions Private Limited (MincApp)
Samatha Digital Solutions Private Limited is the primary company behind MincApp. The board of Samatha Digital Solutions Private Limited currently have 2 directors; the longest-serving is Chetan Munisuvratha Chatra, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chetan Munisuvratha Chatra DIN 01119815 | Director | 30 Sep 2016 | 10 yrs | Samatha Digital Solutions Private Limited |
| Chetan Divya Chatra DIN 06505401 | Director | 27 Mar 2018 | 8 yrs 6 mo | Samatha Digital Solutions Private Limited |
Financials of MincApp
Figures of Samatha Digital Solutions Private Limited, the primary company behind MincApp, for FY 2024. Revenue was ₹5.5 Lakh (+41% year on year). Net loss was -₹9.9 Lakh (-180% margin). EBITDA was -₹4.2 Lakh (-76% margin). Revenue has grown at a compounded annual rate of +9% over three years and +7% over five years.
- ₹5.5 LakhRevenue · FY 2024 · +41% YoY
- -₹9.9 LakhNet loss · -180% margin
- -₹4.2 LakhEBITDA · -76% margin
- ₹10 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Samatha Digital Solutions Private Limited are on its company page.
Detailed financial statements for MincApp
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 MincApp
10 companies that operate in the same segment as MincApp (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
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Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about MincApp
MincApp is headquartered in India.
The primary company behind MincApp, Samatha Digital Solutions Private Limited, reported revenue of ₹5.5 Lakh for FY 2024, up 41% year on year.
MincApp is presented as a mobile banking solution that assists finance corporations and cooperative societies in delivering doorstep services to customers. It is designed to reduce expenses by leveraging agents mobile phones and cloud integration for real-time data saving, while enhancing operational efficiency and accountability in field activities. Customer loyalty is fostered through convenient access to services like savings and loans, minimizing bank visits and building goodwill. Overall, it is utilized to differentiate banks in a competitive market by providing modern, monitored banking options.
MincApp offers MincApp Mobile App and MincApp Desktop App.
MincApp operates through Samatha Digital Solutions Private Limited.
The legal entities of MincApp currently have 2 directors, including Chetan Munisuvratha Chatra, Chetan Divya Chatra.