About Nitspay
Nitspay is a Financial Services company based in Dahod (India) founded in 2020. It serves as a wallet-enabled platform for money transfers, bill payments, and mobile recharges. It operates on a B2C model. The company has 1 employees. Its Indian entity Nits Technology Private Limited reported revenue of ₹20.49 Cr. Its focus areas include Fintech, Digital Payments and Mobile Wallets. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
Nitspay serves as a wallet-enabled platform for money transfers, bill payments, and mobile recharges, focusing on offering financial products and advice, fintech, digital payments, and mobile wallets. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Dahod, India
- Employees 1
- SectorsFinancial Services
- Website nitspay.com
- Social X Facebook
- Legal Name Nits Technology Private Limited
- Date of Incorporation 27 Oct, 2020
- Jurisdiction Dohad, Gujarat, India
- Annual Revenue₹20.49 Cr
FY 2025 · +61% YoY
- Net Profit₹13.3 Lakh
FY 2025 · 1% margin
- EBITDA₹19.1 Lakh
FY 2025 · 1% margin
- Employee Count1
Associated legal entities of Nitspay
Nitspay operates through Nits Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nits Technology Private Limited CIN U72900GJ2020PTC117721 | Active | 27 Oct 2020 | Dohad, Gujarat | ₹20.5 Cr | 3 | View details |
Board of directors of Nits Technology Private Limited (Nitspay)
Nits Technology Private Limited is the primary company behind Nitspay. The board of Nits Technology Private Limited currently have 3 directors; the longest-serving is Yashapalsinh Surendrasinh Bakaliya, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yashapalsinh Surendrasinh Bakaliya DIN 08936733 | Director | 27 Oct 2020 | 5 yrs 11 mo | Nits Technology Private Limited |
| Ushaben Surendrasinh Bakaliya DIN 08936734 | Director | 27 Oct 2020 | 5 yrs 11 mo | Nits Technology Private Limited |
| Sachinbhai Pravinbhai Shrimar DIN 08042863 | Director | 12 Nov 2024 | 1 yr 11 mo | Nits Technology Private Limited |
Financials of Nitspay
Figures of Nits Technology Private Limited, the primary company behind Nitspay, for FY 2025. Revenue was ₹20.49 Cr (+61% year on year). Net profit was ₹13.3 Lakh (1% margin). EBITDA was ₹19.1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +328% over three years.
- ₹20.49 CrRevenue · FY 2025 · +61% YoY
- ₹13.3 LakhNet profit · 1% margin
- ₹19.1 LakhEBITDA · 1% margin
- ₹25 LakhPaid-up capital
- +328%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nits Technology Private Limited are on its company page.
Detailed financial statements for Nitspay
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Similar companies to Nitspay
Nitspay has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed similar companies of Nitspay
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Web traffic of Nitspay
The website of Nitspay (nitspay.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 125.2% vs previous month
Websites whose visitors overlap most with Nitspay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
maddoxpay.com | maddoxpay.com | 100% | #1,845,499 | – | |
| arsenpay.com | 99% | View details | |||
| bharatpayaeps.online | 96% | 25.6K | #1,443,020 | View details | |
mjpay.in | mjpay.in | 95% | – | ||
dreamzoneindia.co.in | dreamzoneindia.co.in | 95% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Nitspay
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- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Travel Fintech
3 companies that operate in the same segment as Nitspay (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 8.79 | 74 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Frequently Asked Questions about Nitspay
Nitspay was founded in 2020.
Nitspay is headquartered in Dahod, India. It is registered at Dahod, Gujarat, India.
Nitspay has 1 employees.
The primary company behind Nitspay, Nits Technology Private Limited, reported revenue of ₹20.49 Cr for FY 2025, up 61% year on year.
Nitspay serves as a wallet-enabled platform for money transfers, bill payments, and mobile recharges, focusing on offering financial products and advice, fintech, digital payments, and mobile wallets. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Nitspay operates through Nits Technology Private Limited.
The legal entities of Nitspay currently have 3 directors, including Yashapalsinh Surendrasinh Bakaliya, Ushaben Surendrasinh Bakaliya, Sachinbhai Pravinbhai Shrimar.