About MyPayrollBuddy
MyPayrollBuddy was a Business Services company based in Mumbai (India) founded in 2016 by Dhwani Mehta and Pratik Vaidya. It delivers a cloud-based solution for efficient payroll management. It operates on a B2B model. The company has 3,555 employees. The company is recorded as dissolved. Its focus areas include Technology, Software Solutions, HR Management and Payroll Services.
Company details
MyPayrollBuddy, established in 2016 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, providing software for education, handling HR operations, and payroll services. Delivers a cloud-based solution for efficient payroll management. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Mumbai, India
- Employees 3,555
- Founders Dhwani Mehta, Pratik Vaidya
- SectorsBusiness Services
- Website mypayrollbuddy.com
- Social Facebook
- Employee Count3,555
Associated legal entities of MyPayrollBuddy
MyPayrollBuddy is associated with 2 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Karma Management Global Consulting Solutions Private Limited CIN U74140MH2004PTC145685 | Active | 15 Apr 2004 | Mumbai, Maharashtra | ₹91.0 Cr | 3,522 | 3 | View details |
| Opportune Technologies Private Limited CIN U72200MH2004PTC149847 | Active | 07 Dec 2004 | Mumbai, Maharashtra | ₹5.3 Cr | 29 | 3 | View details |
Board of directors of MyPayrollBuddy
The boards of the 2 registered companies of MyPayrollBuddy currently have 6 directors; the longest-serving is Pratik Kishor Vaidya, appointed in 2004. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Kishor Vaidya DIN 00780770 | Managing Director | 15 Apr 2004 | 22 yrs 6 mo | Karma Management Global Consulting Solutions Private Limited |
| Dhwani Bhagwat Mehta DIN 01107955 | Director | 07 Dec 2004 | 21 yrs 10 mo | Opportune Technologies Private Limited |
| Piyush Vinod Shah DIN 01318009 | Director | 07 Dec 2004 | 21 yrs 10 mo | Opportune Technologies Private Limited |
| Pankaj Navinchandra Shah DIN 07153669 | Director | 21 Dec 2016 | 9 yrs 10 mo | Opportune Technologies Private Limited |
| Komal Pratik Vaidya DIN 07725094 | Director | 04 Feb 2017 | 9 yrs 9 mo | Karma Management Global Consulting Solutions Private Limited |
| Smita Kishor Vaidya DIN 07726594 | Director | 04 Feb 2017 | 9 yrs 9 mo | Karma Management Global Consulting Solutions Private Limited |
People of MyPayrollBuddy
2 people are tracked at MyPayrollBuddy (2 in leadership); the tracked headcount is 3,555.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for MyPayrollBuddy
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 MyPayrollBuddy
Figures of Karma Management Global Consulting Solutions Private Limited, the primary company behind MyPayrollBuddy, for FY 2024. Revenue was ₹90.99 Cr (+17% year on year). Net profit was ₹57.7 Lakh (1% margin). EBITDA was ₹2.31 Cr (3% margin). Revenue has grown at a compounded annual rate of +17% over three years and +5% over five years.
- ₹90.99 CrRevenue · FY 2024 · +17% YoY
- ₹57.7 LakhNet profit · 1% margin
- ₹2.31 CrEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- 3,522Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karma Management Global Consulting Solutions Private Limited are on its company page.
Detailed financial statements for MyPayrollBuddy
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 Flexible Pay & HR Tech Solutions
3 companies that operate in the same segment as MyPayrollBuddy (Flexible Pay & HR Tech Solutions) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides HRM and payroll solutions for business management. | 2017 | Hyderabad, Telangana, India | USD 3.1 M | 203 | ||
Offers custom software, mobile apps, and SEO services to global businesses. | 2003 | Delhi, Delhi, India | USD 264.24 K | 48 | ||
Provides payroll, HR, and accounting outsourcing for efficient business management. | 2000 | Pune, Maharashtra, India |
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Frequently Asked Questions about MyPayrollBuddy
MyPayrollBuddy was founded in 2016.
MyPayrollBuddy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
MyPayrollBuddy has 3,555 employees.
MyPayrollBuddy, established in 2016 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, providing software for education, handling HR operations, and payroll services. Delivers a cloud-based solution for efficient payroll management. Adapting to market demands with innovation and client-focused strategies.
MyPayrollBuddy is associated with 2 legal entities: Karma Management Global Consulting Solutions Private Limited, Opportune Technologies Private Limited.
The legal entities of MyPayrollBuddy currently have 6 directors, including Komal Pratik Vaidya, Smita Kishor Vaidya, Pratik Kishor Vaidya and others.