About OGS Paylab
OGS Paylab is a Financial Services company based in Chennai (India) founded in 2008 by Sachidanadan Johnson SasiKumar and Simon Solomon, and was acquired by PayTabs in May 2023. Modular payment solutions are offered to financial institutions. OGS Paylab has raised $175.88 thousand across 3 funding rounds from investors including PayTabs, Vasanthi Neelakantan and Radha Neelakantan. OGS Paylab was last valued at $3.67 million in November 2012. Its Indian entity Ogs Paylab Private Limited reported revenue of ₹8.76 Cr. Its focus areas include FinTech, Digital Remittance, Enablers and Software for Enterprises.
Company details
OGS Paylab was founded in 2008 and is based in Chennai, India. Operations focus on the financial technology sector, where modular payment solutions are provided to institutions. Key services include SwitchOn, a multi-channel payment switch for transaction routing from channels such as ATM, POS, and mobile; an ATM controller; a debit card management system; and modules for transaction management and simulation.
- Headquarters Chennai, India
- Founders Sachidanadan Johnson SasiKumar, Simon Solomon
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ogspay.com
- Social LinkedIn X Facebook Instagram YouTube Threads
- Acquired by PayTabs (May 2023)
- Legal Name Ogs Paylab Private Limited
- Date of Incorporation 11 Sep, 2008
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of OGS Paylab
OGS Paylab operates through Ogs Paylab 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 |
|---|---|---|---|---|---|---|---|
| Ogs Paylab Private Limited CIN U72200TN2008PTC069244 | Active | 11 Sep 2008 | Chennai, Tamil Nadu | ₹8.8 Cr | 24 | 3 | View details |
Apps and channels of OGS Paylab
its YouTube channel PayTabs Global has 2.11K subscribers and 30 videos.
Videos from OGS Paylab
The most watched videos on OGS Paylab's YouTube channel, PayTabs Global (2.11K subscribers). Click a video to play it here.
More on PayTabs Global.
Funding Insights of OGS Paylab
OGS Paylab has successfully raised a total of $175.88K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $40.4 thousand completed in November 2012. 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 $175,884
- Total Rounds 3
- Last Round Angel Round — $40,404
- First Round $76,020
(Feb 2010)
- Investors Count 5
All 3 funding rounds of OGS Paylab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2012 | $40,404 | Angel Round | $3.67M | Vasanthi Neelakantan | |
| Oct 2010 | $59,460 | Angel Round | $4.47M | Vasanthi Neelakantan | – |
| Feb 2010 | $76,020 | Angel Round | $••••• | Ramanujam Shenbagadevi | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2012 | $3.67M | •••••••• |
| Oct 2010 | $4.47M | •••••••• |
| Feb 2010 | $••••• | •••••••• |
Full valuation and stage history of OGS Paylab
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $3.67M (Nov 2012). 6 investors in total: 1 institutional and 5 angel.
Investors in OGS Paylab
OGS Paylab has secured backing from 6 investors, including angel investors. Prominent investors backing the company include PayTabs, Vasanthi Neelakantan and Radha Neelakantan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VN Vasanthi Neelakantan | unknown_02a04d6021934023b | |||
RN Radha Neelakantan | unknown_d11735dacdf945f49 | |||
UN Usha Neelakantan | unknown_23539071c70848b1a | |||
UN Usha Neelakantan | unknown_daa2649cae56419ca | |||
RS Ramanujam Shenbagadevi | unknown_565d89de0c68482b8 | |||
Provider of payment solutions for businesses | 2013 | paytabs.com | Manama, Bahrain |
Investor details for OGS Paylab
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Ogs Paylab Private Limited (OGS Paylab)
Ogs Paylab Private Limited is the primary company behind OGS Paylab. The board of Ogs Paylab Private Limited currently have 3 directors; the longest-serving is Sachidanadan Sasikumar Johnson, appointed in 2008. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachidanadan Sasikumar Johnson DIN 02181772 | Whole-time director | 11 Sep 2008 | 18 yrs 1 mo | Ogs Paylab Private Limited |
| Simon Solomon DIN 00005366 | Managing Director | 11 Sep 2008 | 18 yrs 1 mo | Ogs Paylab Private Limited |
| Abdulaziz Fahad Al Jouf DIN 07656637 | Nominee Director | 23 Dec 2021 | 4 yrs 10 mo | Ogs Paylab Private Limited |
People of OGS Paylab
2 people are tracked at OGS Paylab (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & MD | Leadership |
Complete people profiles for OGS Paylab
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of OGS Paylab
Figures of Ogs Paylab Private Limited, the primary company behind OGS Paylab, for FY 2024. Revenue was ₹8.76 Cr (+48% year on year). Net profit was ₹17.8 Lakh (2% margin). EBITDA was ₹1.42 Cr (16% margin). Revenue has grown at a compounded annual rate of +48% over three years and +31% over five years.
- ₹8.76 CrRevenue · FY 2024 · +48% YoY
- ₹17.8 LakhNet profit · 2% margin
- ₹1.42 CrEBITDA · 16% margin
- ₹8.23 CrPaid-up capital
- 24Employees (provident fund records)
- +48%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ogs Paylab Private Limited are on its company page.
Detailed financial statements for OGS Paylab
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of OGS Paylab
5 dated milestones of OGS Paylab across 15 years, from founding to its latest funding, stage changes and deals.
- Founded OGS Paylab is founded.
- Funding First funding round of $76K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $40K.
- Exit Acquired by PayTabs.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as OGS Paylab (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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Related news about Ogs Paylab
Complete news archive for OGS Paylab
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Frequently Asked Questions about OGS Paylab
OGS Paylab was founded in 2008 and raised its 1st funding round 2 years after it was founded.
OGS Paylab is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
OGS Paylab is a funded company, having raised a total of $175.88K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $76.02K, raised on Feb 2010.
The primary company behind OGS Paylab, Ogs Paylab Private Limited, reported revenue of ₹8.76 Cr for FY 2024, up 48% year on year.
OGS Paylab was founded in 2008 and is based in Chennai, India. Operations focus on the financial technology sector, where modular payment solutions are provided to institutions. Key services include SwitchOn, a multi-channel payment switch for transaction routing from channels such as ATM, POS, and mobile; an ATM controller; a debit card management system; and modules for transaction management and simulation.
OGS Paylab has 6 investors. Key investors include PayTabs, Vasanthi Neelakantan, Radha Neelakantan, Usha Neelakantan, and Usha Neelakantan.
The valuation of OGS Paylab is $3.67M as of Nov 2012.
OGS Paylab operates through Ogs Paylab Private Limited.
Yes. OGS Paylab was acquired by PayTabs in May 2023.
The legal entities of OGS Paylab currently have 3 directors, including Sachidanadan Sasikumar Johnson, Simon Solomon, Abdulaziz Fahad Al Jouf.