
About Money Karan
Money Karan was a Financial Services company based in Delhi (India) founded in 2019. It provides utility bill payment solutions for efficient and convenient financial transactions. It operates on a B2C model. The company has 8 employees. Its Indian entity Manikaran Power Limited. reported revenue of βΉ4,783 Cr. The company is recorded as dissolved. Its focus areas include Payments, Utility Services and Bill Payments. Similar companies include Aditya Birla Capital, RNFI Services and Bharat BillPay.
Company details
Money Karan provides utility bill payment solutions for efficient and convenient financial transactions through offering financial products and advice, facilitating payment transactions, utility services, and bill payments. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Delhi, India
- Employees 8
- SectorsFinancial Services
- Website moneykaran.com
- Legal Name Manikaran Power Limited
- Date of Incorporation 28 Oct, 2005
- Jurisdiction Ranchi, Jharkhand, India
- Annual Revenue₹4,783 Cr
FY 2024 · +16% YoY
- Net Profit₹24.46 Cr
FY 2024 · 1% margin
- EBITDA₹41.48 Cr
FY 2024 · 1% margin
- Employee Count8
Associated legal entities of Money Karan
Money Karan is associated with 2 registered companies on The Company Check; the primary company is Manikaran Power 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 |
|---|---|---|---|---|---|---|---|
| Manikaran Power Limited. CIN U35109WB2005PLC283794 | Active | 28 Oct 2005 | Kolkata, West Bengal | ₹4,783 Cr | 8 | 7 | View details |
| Manikaran Power Limited CIN U45208JH2005PLC011713 | 28 Oct 2005 | Ranchi, Jharkhand, India | View details |
Board of directors of Manikaran Power Limited. (Money Karan)
Manikaran Power Limited. is the primary company behind Money Karan. The board of Manikaran Power Limited. currently have 7 directors; the longest-serving is Amrita Kalsi, appointed in 2005. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amrita Kalsi DIN 02875817 | Whole-time director | 28 Oct 2005 | 20 yrs 11 mo | Manikaran Power Limited. |
| Jagjyot Kaur DIN 01846857 | Whole-time director | 28 Oct 2005 | 20 yrs 11 mo | Manikaran Power Limited. |
| Jasmeet Singh Kalsi DIN 01652115 | Whole-time director | 28 Oct 2005 | 20 yrs 11 mo | Manikaran Power Limited. |
| Navjeet Singh Kalsi DIN 01652039 | Managing Director | 28 Oct 2005 | 20 yrs 11 mo | Manikaran Power Limited. |
| Pravin Lee Abraham DIN 03402206 | Director | 03 Mar 2011 | 15 yrs 7 mo | Manikaran Power Limited. |
| Binit Kumar DIN 07511980 | Director | 01 Feb 2022 | 4 yrs 8 mo | Manikaran Power Limited. |
| Radhakrishnan Nagarajan DIN 00701892 | Director | 01 Feb 2022 | 4 yrs 8 mo | Manikaran Power Limited. |
Financials of Money Karan
Figures of Manikaran Power Limited., the primary company behind Money Karan, for FY 2024. Revenue was ₹4,783 Cr (+16% year on year). Net profit was ₹24.46 Cr (1% margin). EBITDA was ₹41.48 Cr (1% margin). Revenue has grown at a compounded annual rate of +12% over three years and +6% over five years.
- ₹4,783 CrRevenue · FY 2024 · +16% YoY
- ₹24.46 CrNet profit · 1% margin
- ₹41.48 CrEBITDA · 1% margin
- ₹36.22 CrPaid-up capital
- 8Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Manikaran Power Limited. are on its company page.
Detailed financial statements for Money Karan
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 Money Karan
Money Karan has 3 listed similar companies in our database. They include Aditya Birla Capital, RNFI Services and Bharat BillPay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adityabirlacapital.com | 2007 | Mumbai, India | 789 | Diversified financial services including investment, insurance, and lending are offered. | ||
| rnfiservices.com | 2015 | Delhi, India | 1,385 | Digital payment services including gateways, remittances, and recharges are provided. | ||
| bharatbillpay.com | 2013 | Mumbai, India | 192 | Delivers an agent-based platform for efficient bill payments. |
Detailed similar companies of Money Karan
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- Full competitor set
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Money Karan (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about Money Karan
Money Karan was founded in 2019.
Money Karan is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Money Karan has 8 employees.
The primary company behind Money Karan, Manikaran Power Limited., reported revenue of βΉ4,783 Cr for FY 2024, up 16% year on year.
Money Karan provides utility bill payment solutions for efficient and convenient financial transactions through offering financial products and advice, facilitating payment transactions, utility services, and bill payments. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Money Karan's top competitors include Aditya Birla Capital, RNFI Services and Bharat BillPay.
Money Karan operates through Manikaran Power Limited..
The legal entities of Money Karan currently have 7 directors, including Amrita Kalsi, Jagjyot Kaur, Pravin Lee Abraham and others.