About OnGo
OnGo is a Financial Services company based in Mumbai (India) founded in 2007 by Anupama R Goyal and Ravi B Goyal. It operates as a payment processing solutions are provided for businesses and merchants. The company has 57 employees. Its Indian entity India Transact Services Limited reported revenue of ₹176 Cr. Its focus areas include FinTech, Payments, Business Payments and Diversified. Similar companies include Stripe, Razorpay, Flutterwave, PayU and Mintoak and 5 more; 7 of its 10 listed similar companies have raised funding.
Company details
Ongo was founded in 2007 in Mumbai, India, and focuses on the payment processing sector. Hardware-based POS terminals, cloud-based billing software, payment gateways, and loyalty solutions are offered to support business operations. Payment tracking and barcode payments are facilitated via an app-based platform accessible on iOS and Android devices. Services are tailored for merchants seeking efficient transaction management in the Indian market.
- Headquarters Mumbai, India
- Employees 57
- Founders Anupama R Goyal, Ravi B Goyal
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ongo.co.in
- Social LinkedIn X Facebook
- Legal Name India Transact Services Limited
- Date of Incorporation 11 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹176 Cr
FY 2024 · -9% YoY
- Net Loss-₹9.87 Cr
FY 2024 · -6% margin
- EBITDA₹9.88 Cr
FY 2024 · 6% margin
- Employee Count57
Associated legal entities of OnGo
OnGo is associated with 2 registered companies on The Company Check; the primary company is India Transact Services Limited. 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 |
|---|---|---|---|---|---|---|---|
| India Transact Services Limited CIN U72900MH2007PLC172249 | Active | 11 Jul 2007 | Mumbai, Maharashtra | ₹176 Cr | 49 | 3 | View details |
| Ags Transact Technologies Limited Listed CIN L72200MH2002PLC138213 | Under Cirp | 11 Dec 2002 | Mumbai, Maharashtra | ₹1,094 Cr | 1,016 | 3 | View details |
Board of directors of India Transact Services Limited (OnGo)
India Transact Services Limited is the primary company behind OnGo. The boards of the 2 registered companies of OnGo currently have 4 directors; the longest-serving is Ravi Badrinarain Goyal, appointed in 2002. 61 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Badrinarain Goyal DIN 01374288 | Managing Director | 11 Dec 2002 | 23 yrs 10 mo | Ags Transact Technologies Limited, India Transact Services Limited |
| Stanley Johnson Panacherry DIN 08914900 | Director | 09 Jun 2021 | 5 yrs 4 mo | Ags Transact Technologies Limited |
| Sudip Bandyopadhyay DIN 00007382 | Director | 29 Mar 2023 | 3 yrs 6 mo | Ags Transact Technologies Limited, India Transact Services Limited |
| Nikesh Samaiya DIN 01444465 | Director | 01 Apr 2025 | 1 yr 6 mo | India Transact Services Limited |
People of OnGo
2 people are tracked at OnGo (2 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
Anupama R Goyal | Co-Founder | Leadership |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for OnGo
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 OnGo
Figures of India Transact Services Limited, the primary company behind OnGo, for FY 2024. Revenue was ₹176 Cr (-9% year on year). Net loss was -₹9.87 Cr (-6% margin). EBITDA was ₹9.88 Cr (6% margin). Revenue has grown at a compounded annual rate of +4% over three years and +7% over five years.
- ₹176 CrRevenue · FY 2024 · -9% YoY
- -₹9.87 CrNet loss · -6% margin
- ₹9.88 CrEBITDA · 6% margin
- ₹145 CrPaid-up capital
- 49Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of India Transact Services Limited are on its company page.
Detailed financial statements for OnGo
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.
Similar companies to OnGo
OnGo has 10 listed similar companies in our database, 7 of them funded. They include Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| globalpayments.com | 1967 | Atlanta, United States | – | 27,000 | Cloud-based payment processing is provided for eCommerce and businesses. | |
| ongo.co.uk | 2007 | Scunthorpe, United Kingdom | – | – | Property management, maintenance, and recruitment services are provided by Ongo. |
Detailed similar companies of OnGo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of OnGo
The website of OnGo (ongo.co.in) receives about 5.3K visits a month.
- Monthly visits5.3K
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as OnGo (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
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 processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ongo
Complete news archive for OnGo
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.
Frequently Asked Questions about OnGo
OnGo was founded in 2007.
OnGo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
OnGo has 57 employees.
The primary company behind OnGo, India Transact Services Limited, reported revenue of ₹176 Cr for FY 2024, down 9% year on year.
Ongo was founded in 2007 in Mumbai, India, and focuses on the payment processing sector. Hardware-based POS terminals, cloud-based billing software, payment gateways, and loyalty solutions are offered to support business operations. Payment tracking and barcode payments are facilitated via an app-based platform accessible on iOS and Android devices. Services are tailored for merchants seeking efficient transaction management in the Indian market.
OnGo is associated with 2 legal entities: India Transact Services Limited, Ags Transact Technologies Limited.
The legal entities of OnGo currently have 4 directors, including Stanley Johnson Panacherry, Sudip Bandyopadhyay, Ravi Badrinarain Goyal and others.