About Paramhans Infotec
Paramhans Infotec was a Financial Services company based in Surat (India) founded in 2016 by Rajan Nandwani and Bilal Khan Deshmukh. It offers agent-based payment solutions for businesses. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Financial Technology, Payments, Payment Processing and Agent-Based Services. Its legal entity in India is Karthi Wealth Infotech Limited (U72100GJ2016PLC094859). Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
Paramhans Infotec, founded in 2016 in Surat, India, focuses on financial technology, facilitating payment transactions, processing payments securely, and agent-based services. Offers agent-based payment solutions for businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Surat, India
- Founders Rajan Nandwani, Bilal Khan Deshmukh
- SectorsFinancial Services
- Website paramhansltd.com
- Social Facebook
- Legal Name Karthi Wealth Infotech Limited
- Date of Incorporation 26 Dec, 2016
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹11,251
FY 2019 · -99% YoY
- Net Loss-₹26,250
FY 2019 · -233% margin
- EBITDA-₹20,599
FY 2019 · -183% margin
Associated legal entities of Paramhans Infotec
Paramhans Infotec operates through Karthi Wealth Infotech Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karthi Wealth Infotech Limited CIN U72100GJ2016PLC094859 | Active | 26 Dec 2016 | Surat, Gujarat | ₹0.0 Cr | 3 | View details |
Board of directors of Karthi Wealth Infotech Limited (Paramhans Infotec)
Karthi Wealth Infotech Limited is the primary company behind Paramhans Infotec. The board of Karthi Wealth Infotech Limited currently have 3 directors; the longest-serving is Rajan Mohanlal Nandwani, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajan Mohanlal Nandwani DIN 05125557 | Managing Director | 26 Dec 2016 | 9 yrs 10 mo | Karthi Wealth Infotech Limited |
| Bilal Khan Deshmukh DIN 06558931 | Director | 26 Dec 2016 | 9 yrs 10 mo | Karthi Wealth Infotech Limited |
| Shweta Aditya Sharma DIN 07893601 | Additional Director | 01 Aug 2017 | 9 yrs 3 mo | Karthi Wealth Infotech Limited |
People of Paramhans Infotec
2 people are tracked at Paramhans Infotec (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership | |
| Co-Founder, Managing Director | Leadership |
Complete people profiles for Paramhans Infotec
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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Verified entity values are shown only after access is granted.
Financials of Paramhans Infotec
Figures of Karthi Wealth Infotech Limited, the primary company behind Paramhans Infotec, for FY 2019. Revenue was ₹11,251 (-99% year on year). Net loss was -₹26,250 (-233% margin). EBITDA was -₹20,599 (-183% margin).
- ₹11,251Revenue · FY 2019 · -99% YoY
- -₹26,250Net loss · -233% margin
- -₹20,599EBITDA · -183% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Karthi Wealth Infotech Limited are on its company page.
Detailed financial statements for Paramhans Infotec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Paramhans Infotec
Paramhans Infotec has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of Paramhans Infotec
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.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Paramhans Infotec (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 Paramhans Infotec
Paramhans Infotec was founded in 2016.
Paramhans Infotec is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Paramhans Infotec, Karthi Wealth Infotech Limited, reported revenue of ₹11,251 for FY 2019, down 99% year on year.
Paramhans Infotec, founded in 2016 in Surat, India, focuses on financial technology, facilitating payment transactions, processing payments securely, and agent-based services. Offers agent-based payment solutions for businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Paramhans Infotec's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
Paramhans Infotec operates through Karthi Wealth Infotech Limited.
The legal entities of Paramhans Infotec currently have 3 directors, including Shweta Aditya Sharma, Rajan Mohanlal Nandwani, Bilal Khan Deshmukh.