About Omegaon
Omegaon is a Financial Services company based in Bengaluru (India) founded in 2016 by Sreekanth Eragadindla. App-based mobile payment platform. Its chief executive, as recorded, is Sreekanth Eragadindla. Its Indian entity Omegaon Internet Private Limited reported revenue of ₹1.17 Cr. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
Founded in 2016 in Bengaluru, India, Omegaon functions as a fintech platform focused on app-based payments. Services encompass mobile and DTH recharges, utility bill payments, travel bookings, and money transfers. UPI and QR code methods are utilized, alongside PhotoClickPay for photo-tapping payments to view and settle bills. The app operates on Android and iOS devices. OmegaVend, a vending machine integrated with UPI, is also maintained.
- Headquarters Bengaluru, India
- Founders Sreekanth Eragadindla
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website omegaon.net
- Social LinkedIn X Facebook
- Legal Name Omegaon Internet Private Limited
- Date of Incorporation 21 Mar, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹1.17 Cr
FY 2020
- Net Profit₹2.5 Lakh
FY 2020
- EBITDA₹8.3 Lakh
FY 2020
Associated legal entities of Omegaon
Omegaon operates through Omegaon Internet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Omegaon Internet Private Limited CIN U74900KA2016PTC087119 | Active | 21 Mar 2016 | Bengaluru, Karnataka | ₹1.2 Cr | 2 | View details |
Board of directors of Omegaon Internet Private Limited (Omegaon)
Omegaon Internet Private Limited is the primary company behind Omegaon. The board of Omegaon Internet Private Limited currently have 2 directors; the longest-serving is Sreekanth Eragadindla, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sreekanth Eragadindla DIN 07403353 | Director | 21 Mar 2016 | 10 yrs 7 mo | Omegaon Internet Private Limited |
| Gowdvarti Vinay DIN 08440512 | Director | 24 May 2019 | 7 yrs 5 mo | Omegaon Internet Private Limited |
People of Omegaon
1 people are tracked at Omegaon (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Omegaon
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Financials of Omegaon
Figures of Omegaon Internet Private Limited, the primary company behind Omegaon, for FY 2020. Revenue was ₹1.17 Cr. Net profit was ₹2.5 Lakh. EBITDA was ₹8.3 Lakh. Revenue has grown at a compounded annual rate of +62% over three years.
- ₹1.17 CrRevenue · FY 2020
- ₹2.5 LakhNet profit
- ₹8.3 LakhEBITDA
- ₹1.2 LakhPaid-up capital
- +62%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Omegaon Internet Private Limited are on its company page.
Detailed financial statements for Omegaon
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Similar companies to Omegaon
Omegaon 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 Omegaon
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Omegaon (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 Omegaon
Omegaon was founded in 2016.
Omegaon is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sreekanth Eragadindla is the CEO of Omegaon, as recorded in our data. They have also founded this company.
The primary company behind Omegaon, Omegaon Internet Private Limited, reported revenue of ₹1.17 Cr for FY 2020.
Founded in 2016 in Bengaluru, India, Omegaon functions as a fintech platform focused on app-based payments. Services encompass mobile and DTH recharges, utility bill payments, travel bookings, and money transfers. UPI and QR code methods are utilized, alongside PhotoClickPay for photo-tapping payments to view and settle bills. The app operates on Android and iOS devices. OmegaVend, a vending machine integrated with UPI, is also maintained.
Omegaon operates through Omegaon Internet Private Limited.
The legal entities of Omegaon currently have 2 directors, including Sreekanth Eragadindla, Gowdvarti Vinay.