NPCI

Mumbai, India Founded: 2005 • Age: 21 yrs Minicorn
Non-profit organization that facilitates digital payments

About NPCI

NPCI is a company based in Mumbai (India) founded in 2005. NPCI has raised $28.59 million across 2 funding rounds from investors including PhonePe, AU Small Finance Bank and ESAF. The company has 1,490 employees. NPCI offers products and services including UPI and RuPay.

Key Metrics
  • Annual Revenue
    ₹4,062 Cr

    FY 2025 · +24% YoY

  • Net Profit
    ₹1,463 Cr

    FY 2025 · 36% margin

  • EBITDA
    ₹2,088 Cr

    FY 2025 · 51% margin

  • Total Equity Funding
    $28.59M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.06M (USD), Private Equity Round

    Nov 2020

  • Investors
    PhonePe

    & 68 more

  • Employee Count
    1,490

Products & Services of NPCI

NPCI offers a comprehensive portfolio of products and services, including UPI and RuPay.

UPI
Digital Payment System

UPI is operated as a platform for instant mobile payments that connect users and banks for efficient transaction processing.

RuPay
Card Payment Network

RuPay is managed as a domestic card scheme that supports debit, credit, and contactless transactions across various merchants and services.

Apps and channels of NPCI

its YouTube channel NPCI has 102K subscribers and 30 videos.

NPCI
YouTube 102K subscribers 30 videos Science & Technology
Open channel

Videos from NPCI

The most watched videos on NPCI's YouTube channel, NPCI (102K subscribers). Click a video to play it here.

Unlock Your Future at NPCI
33.9M views
Why We Work at NPCI | Employee Stories That Inspire
14M views
NPCI | Building India’s Digital Payment Future with Tech that’s Always Forward
2.4M views
From CVs to Placements: Harshil Mathur & Dilip Asbe Break It Down
456.5K views

More on NPCI.

Funding Insights of NPCI

NPCI has successfully raised a total of $28.59M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $11.06 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $28.59M
  • Total Rounds 2
  • Last Round Private Equity Round — $11.06M
  • First Round $17.54M

    (Jan 2016)

  • Investors Count 69

All 2 funding rounds of NPCI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2020$11.06MPrivate Equity Round$237.72MStandard Chartered, Amazon Pay
Jan 2016$17.54MPrivate Equity Round$69.67MBank of Baroda, Central Bank of India
Valuation history
DateValuationStage
Nov 2020$237.72M••••••••
Jan 2016$69.67M••••••••

Last known valuation $237.72M (Nov 2020). 69 investors in total: 69 institutional.

Investors in NPCI

NPCI has secured backing from 69 investors, including institutional investors. Prominent investors backing the company include PhonePe, AU Small Finance Bank and ESAF.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Corporate, investment, wealth, and retail banking services are provided globally.
1953sc.comLondon, United Kingdom
Online platform selling electronics, books, and daily essentials worldwide.
2007amazonpay.inSeattle, United States
Payment, financial, investment, and lending services are provided digitally.
2012phonepe.comBengaluru, India
Omnichannel payment solutions, loyalty programs, and business tools are provided.
1998pinelabs.comNoida, India
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
1996aubank.inJaipur, India
Commercial bank
1997idfcfirstbank.comMumbai, India
Limited information available
2000indiaideas.comMumbai, India
Digital payment solutions are provided for businesses in India.
–payu.inGurugram, India
Digital banking solutions are offered for individuals and businesses.
2017paytmbank.comNoida, India
POS payment processing and white-label ATM solutions are provided.
2008hitachi-payments.comMumbai, India
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Investor details for NPCI

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of National Payments Corporation Of India (NPCI)

National Payments Corporation Of India is the primary company behind NPCI. The board of National Payments Corporation Of India currently have 11 directors; the longest-serving is Dilip Asbe Pratap, appointed in 2018. 114 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dilip Asbe Pratap
DIN 02990724
Managing Director08 Jan 20188 yrs 9 moNational Payments Corporation Of India
Shailendra Trivedi
DIN 09520162
Nominee Director29 Sep 20224 yrsNational Payments Corporation Of India
Dharmaiah Manjunath
DIN 08920625
Director19 Apr 20233 yrs 5 moNational Payments Corporation Of India
Padmini Bhalchandra Khare
DIN 00296388
Director10 Jan 20242 yrs 9 moNational Payments Corporation Of India
Ajay Kumar Choudhary
DIN 09498080
Director08 Feb 20242 yrs 8 moNational Payments Corporation Of India
Sanjay Mudaliar
DIN 07484086
Nominee Director04 Apr 20242 yrs 6 moNational Payments Corporation Of India
Punit Sood
DIN 00033799
Additional Director01 Oct 20242 yrsNational Payments Corporation Of India
Sohini Rajola
DIN 07817739
Whole-time director22 May 20251 yr 4 moNational Payments Corporation Of India
Nitin Mishra
DIN 11230753
Whole-Time Director12 Aug 20251 yr 2 moNational Payments Corporation Of India
Arnika Dixit
DIN 03049143
Additional Director06 Nov 202511 moNational Payments Corporation Of India
Vipul Agarwal
DIN 10835078
Additional Director13 Nov 202510 moNational Payments Corporation Of India

People of NPCI

266 people are tracked at NPCI (48 in leadership, 16 in board & advisors, 202 in team); the tracked headcount is 1,490.

NameRoleGroup
CEO & Managing DirectorLeadership
Niraj Kapre
Head - Campus Hiring, Relations And EngagementLeadership
Gaurav Srivastava
Head Of Technology- BHIMLeadership
Shekhar Sivaraman
Head Of Platform Technology - Bharat Interface For MoneyLeadership
Deepa Nair
Associate Vice PresidentLeadership
Shivani Bansal
Global Head Talent AcquisitionLeadership
Prasad Prabhakar Joshi
Deputy Chief Strategic IT ProcurementLeadership
Dhananjay Singh
Deputy Chief Engineering DeliveryLeadership
Sreekanth Reddy Kokkanti
Head - Ai, ML & BlockchainLeadership
Kunal Kalawatia
Chief of ProductsLeadership
Sampath Kumar Rangasamy
Chief Online & New Products DevelopmentLeadership
Viswanath Krishnamurthy
Chief Risk OfficerLeadership
Nishith Chaturvedi
Chief Human Resource & AdminLeadership
Saiprasad Nabar
Chief Technology OfficerLeadership
Noopur Chaturvedi
CEO, NPCI Bharat BillPay Limited (NBBL)Leadership
Rahul Handa
Chief Business Officer - BHIMLeadership
Neelesh Gupta
Head - BHIM And NETCLeadership
Rupesh Acharya
Chief of FinanceLeadership
Hrishikesh Nashikkar
Head Of Blockchain / Engineering, Innovation InitiativesLeadership
Ravi M
Associate Vice PresidentLeadership

246 more people are available in the full profile.

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Complete people profiles for NPCI

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
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Verified entity values are shown only after access is granted.

Financials of NPCI

Figures of National Payments Corporation Of India, the primary company behind NPCI, for FY 2025. Revenue was ₹4,062 Cr (+24% year on year). Net profit was ₹1,463 Cr (36% margin). EBITDA was ₹2,088 Cr (51% margin). Revenue has grown at a compounded annual rate of +30% over three years and +27% over five years.

  • ₹4,062 CrRevenue · FY 2025 · +24% YoY
  • ₹1,463 CrNet profit · 36% margin
  • ₹2,088 CrEBITDA · 51% margin
  • ₹140 CrPaid-up capital
  • 1,490Employees (provident fund records)
  • +30%Revenue CAGR, 3 years
  • +27%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of National Payments Corporation Of India are on its company page.

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Detailed financial statements for NPCI

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of NPCI

4 dated milestones of NPCI across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded NPCI is founded.
  2. Funding First funding round of $17.5M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Private Equity Round, of $11.1M.

Web traffic of NPCI

The website of NPCI (npci.org.in) receives about 10.1M visits a month and ranks #5,074 among all websites worldwide, #322 in Banking Credit and Lending.

  • Monthly visits
    10.1M

    ▲ 10.6% vs previous month

  • Unique visitors
    4.8M

    per month

  • Global rank
    #5,074

    among all websites

  • Category rank
    #322

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with NPCI. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
billdesk.in
billdesk.in
100%
–#205,684–
tpsl-india.in
tpsl-india.in
94%
–––
udyamregistration.gov.in
89%
–#9,817View details
sbi.co.in
86%
1.5M#42,736View details
unionbankonline.co.in
85%
4.1M#12,080View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for NPCI

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Npci

Premium access

Complete news archive for NPCI

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to NPCI

10 companies that operate in the same segment as NPCI (Government Entities), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Humanitarian services are provided by UNICEF in developing countries.
1946United States–––
Electricity generation and allied activities are conducted by NTPC.
1975Delhi, Delhi, India–USD 21.4 B9,611
Online government services and information are provided to users.
1707London, England, United Kingdom–––
Application-oriented research is conducted in bioeconomy, AI, and climate technologies.
1949Darmstadt, Hesse, GermanyUSD 23.27 M––
Access to government programs and development services is facilitated.
–United States–––
Tax filing, account management, and driver services are administered.
–United States–––
Government programs access and development services are provided to residents.
1788United States–––
Wealth fund management is overseen by the NSW government entity.
1856Sydney, New South Wales, Australia–––
Multi-category news is delivered via an online government platform.
1971United States–––
Access to government programs and development services is provided.
1997United States–––
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Frequently Asked Questions about NPCI

NPCI was founded in 2005 and raised its 1st funding round 11 years after it was founded.

NPCI is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Dilip Asbe is the current CEO of NPCI.

NPCI is a funded company, having raised a total of $28.59M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $17.54M, raised on Jan 2016.

NPCI has 1,490 employees.

The primary company behind NPCI, National Payments Corporation Of India, reported revenue of ₹4,062 Cr for FY 2025, up 24% year on year.

Non-profit organization that facilitates digital payments. The company enables payment systems across various channels, including ATMs, point-of-sale terminals, and online platforms. Through its UPI and other initiatives, it aims to increase digital transactions. Its mission is to enable secure and accessible digital payment solutions.

NPCI offers UPI and RuPay.

NPCI has 69 investors. Key investors include PhonePe, AU Small Finance Bank, ESAF, Suryoday, and Yes Bank.

The valuation of NPCI is $237.72M as of Nov 2020.

NPCI operates through National Payments Corporation Of India.

The legal entities of NPCI currently have 13 directors, including Dharmaiah Manjunath, Ajay Kumar Choudhary, Dilip Asbe Pratap and others.

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