About PAFPAY
PAFPAY is a Financial Services company based in Kolkata (India) founded in 2013. It provides mobile recharge, bill payments, and money transfer via platform. It operates on a B2B and Marketplace model. The company has 2 employees. Its Indian entity I-Krab E-Sol Private Limited reported revenue of ₹1.76 Cr. PAFPAY offers products and services including Multi Recharge Platform, Digital Wallet, and Utility Bill Payment. Its focus areas include FinTech, Utility Services, Bill Payments and Online Transfers. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
PAFPAY, operated by i-KRAB e-Sol Pvt. Ltd., is a multi-recharge company serving over 4000 retailers in India. It facilitates mobile and DTH recharges, utility bill payments, and domestic money transfers through a single platform. The service aims to simplify transactions for clients and retailers, with offices in Kolkata, Siliguri, and Bangalore, focusing on reliable digital solutions.
- Headquarters Kolkata, India
- Employees 2
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website pafpay.com
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- Legal Name I-Krab E-Sol Pvt. Ltd.
- 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 PAFPAY
PAFPAY 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 PAFPAY
PAFPAY offers a comprehensive portfolio of products and services, including Multi Recharge Platform, Digital Wallet, and Utility Bill Payment.
Enables mobile and DTH recharges for users
Facilitates money transfers and bill payments
Handles payments for electricity and gas bills online
Board of directors of I-Krab E-Sol Private Limited (PAFPAY)
I-Krab E-Sol Private Limited is the primary company behind PAFPAY. 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 |
Financials of PAFPAY
Figures of I-Krab E-Sol Private Limited, the primary company behind PAFPAY, 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 PAFPAY
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Similar companies to PAFPAY
PAFPAY 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 PAFPAY
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as PAFPAY (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 PAFPAY
PAFPAY was founded in 2013.
PAFPAY is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
PAFPAY has 2 employees.
The primary company behind PAFPAY, I-Krab E-Sol Private Limited, reported revenue of ₹1.76 Cr for FY 2024, up 39% year on year.
PAFPAY, operated by i-KRAB e-Sol Pvt. Ltd., is a multi-recharge company serving over 4000 retailers in India. It facilitates mobile and DTH recharges, utility bill payments, and domestic money transfers through a single platform. The service aims to simplify transactions for clients and retailers, with offices in Kolkata, Siliguri, and Bangalore, focusing on reliable digital solutions.
PAFPAY offers Multi Recharge Platform, Digital Wallet, and Utility Bill Payment.
PAFPAY operates through I-Krab E-Sol Private Limited.
The legal entities of PAFPAY currently have 2 directors, including Suman Saha, Ranadip Bose.