About PAF Payments
PAF Payments is a Financial Services company based in Kolkata (India) founded in 2013. Mobile wallet for recharges and B2B payments is operated. The company has 2 employees. Its chief executive, as recorded, is Ranadip Bose. Its Indian entity I-Krab E-Sol Private Limited reported revenue of ₹1.76 Cr. PAF Payments offers products and services including Login Platform and Access Service. 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 2013 and based in Kolkata, India, PAF Payments operates in the fintech sector with a focus on digital payments. A mobile wallet is provided for prepaid and postpaid mobile recharges, DTH services, electricity and gas bills, insurance payments, bus ticketing, and money transfers. Wallet top-ups are facilitated through NEFT, online transfers, cheques, ATM deposits, and m-Pesa. The platform is available exclusively on Android.
- Headquarters Kolkata, India
- Employees 2
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website pafpay.biz/Login
- Social LinkedIn X
- Legal Name I-Krab E-Sol Private Limited
- Date of Incorporation 13 Feb, 2014
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹1.76 Cr
FY 2024 · +39% YoY
- Net Profit₹1.1 Lakh
FY 2024 · 1% margin
- EBITDA₹28.2 Lakh
FY 2024 · 16% margin
- Employee Count2
Associated legal entities of PAF Payments
PAF Payments operates through I-Krab E-Sol 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 |
|---|---|---|---|---|---|---|---|
| I-Krab E-Sol Private Limited CIN U74900WB2014PTC200204 | Active | 13 Feb 2014 | Kolkata, West Bengal | ₹1.8 Cr | 2 | 2 | View details |
Products & Services of PAF Payments
PAF Payments offers a comprehensive portfolio of products and services, including Login Platform and Access Service.
Platform for secure user login and password recovery features.
Service enabling account access with policy links for users.
Board of directors of I-Krab E-Sol Private Limited (PAF Payments)
I-Krab E-Sol Private Limited is the primary company behind PAF Payments. The board of I-Krab E-Sol Private Limited currently have 2 directors; the longest-serving is Ranadip Bose, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ranadip Bose DIN 01951935 | Director | 13 Feb 2014 | 12 yrs 8 mo | I-Krab E-Sol Private Limited |
| Suman Saha DIN 01682466 | Director | 27 Jan 2025 | 1 yr 8 mo | I-Krab E-Sol Private Limited |
People of PAF Payments
1 people are tracked at PAF Payments (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for PAF Payments
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 PAF Payments
Figures of I-Krab E-Sol Private Limited, the primary company behind PAF Payments, for FY 2024. Revenue was ₹1.76 Cr (+39% year on year). Net profit was ₹1.1 Lakh (1% margin). EBITDA was ₹28.2 Lakh (16% margin). Revenue has grown at a compounded annual rate of -39% over three years and -22% over five years.
- ₹1.76 CrRevenue · FY 2024 · +39% YoY
- ₹1.1 LakhNet profit · 1% margin
- ₹28.2 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 2Employees (provident fund records)
- -39%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of I-Krab E-Sol Private Limited are on its company page.
Detailed financial statements for PAF Payments
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 PAF Payments
PAF Payments 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 PAF Payments
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of PAF Payments
The website of PAF Payments (pafpay.biz) receives about 2.5K visits a month.
- Monthly visits2.5K
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as PAF Payments (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 PAF Payments
PAF Payments was founded in 2013.
PAF Payments is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Ranadip Bose is the CEO of PAF Payments, as recorded in our data.
PAF Payments has 2 employees.
The primary company behind PAF Payments, I-Krab E-Sol Private Limited, reported revenue of ₹1.76 Cr for FY 2024, up 39% year on year.
Founded in 2013 and based in Kolkata, India, PAF Payments operates in the fintech sector with a focus on digital payments. A mobile wallet is provided for prepaid and postpaid mobile recharges, DTH services, electricity and gas bills, insurance payments, bus ticketing, and money transfers. Wallet top-ups are facilitated through NEFT, online transfers, cheques, ATM deposits, and m-Pesa. The platform is available exclusively on Android.
PAF Payments offers Login Platform and Access Service.
PAF Payments operates through I-Krab E-Sol Private Limited.
The legal entities of PAF Payments currently have 2 directors, including Suman Saha, Ranadip Bose.