About Paramotor Digital Technology
Paramotor Digital Technology is a Financial Services company based in Mumbai (India) by Sonia Pankaj Asher. It provides prepaid gift cards, expense management, and vouchers for individuals and corporates. It operates on a B2B and B2C model in Financial Services and Technology sectors. Its Indian entity Paramotor Digital Technology Limited reported revenue of ₹112 Cr. Paramotor Digital Technology offers products and services including Paramotor Prepaid Gift Card, PEMS, and Gift Vouchers. Its focus areas include FinTech, Payment Tech, Prepaid Instruments and Gift Cards. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Paramotor is a fintech company based in Mumbai, India, specializing in prepaid gift cards, expense management solutions, and gift vouchers. It collaborates with banks and partners to deliver comprehensive spend management tools, accessible without credit checks, catering to individuals and corporates. The services include rewards, recognition, and easy payment options, with strong customer support for various needs.
- Headquarters Mumbai, India
- Founders Sonia Pankaj Asher
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website paramotordt.com
- Social X
- Legal Name Paramotor Digital Technology Private Limited
- Date of Incorporation 04 Nov, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹112 Cr
FY 2025 · +232% YoY
- Net Profit₹29.23 Cr
FY 2025 · 26% margin
- EBITDA₹41.42 Cr
FY 2025 · 37% margin
Associated legal entities of Paramotor Digital Technology
Paramotor Digital Technology is associated with 2 registered companies on The Company Check; the primary company is Paramotor Digital Technology Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paramotor Digital Technology Limited CIN U74999MH2016PLC287408 | Active | 04 Nov 2016 | Mumbai, Maharashtra | ₹112 Cr | 15 | 9 | View details |
| Paramotor Digital Technology Private Limited CIN U74999MH2016PTC287408 | 04 Nov 2016 | Mumbai, Maharashtra, India | View details |
Products & Services of Paramotor Digital Technology
Paramotor Digital Technology offers a comprehensive portfolio of products and services, including Paramotor Prepaid Gift Card, PEMS, and Gift Vouchers.
Prepaid gift cards for individuals and corporates via bank partnerships.
Comprehensive solutions for spend tracking and rewards management.
Vouchers for top brands to send as gifts.
Board of directors of Paramotor Digital Technology Limited (Paramotor Digital Technology)
Paramotor Digital Technology Limited is the primary company behind Paramotor Digital Technology. The board of Paramotor Digital Technology Limited currently have 7 directors; the longest-serving is Rahul Anand, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Anand DIN 06800203 | Managing Director | 04 Nov 2016 | 9 yrs 11 mo | Paramotor Digital Technology Limited |
| Sonia Pankaj Asher DIN 07627184 | Whole-time director | 04 Nov 2016 | 9 yrs 11 mo | Paramotor Digital Technology Limited |
| Kunal Sharma DIN 11309337 | Director | 22 Sep 2025 | 1 yr 1 mo | Paramotor Digital Technology Limited |
| Jayesh Suryakant Modi DIN 09484753 | CFO | 01 Dec 2025 | 10 mo | Paramotor Digital Technology Limited |
| Prasanna Babanrao Lohar DIN 08518352 | Director | 21 Jan 2026 | 9 mo | Paramotor Digital Technology Limited |
| Meeta Sanjay Mukherjee DIN 11448428 | Director | 21 Jan 2026 | 9 mo | Paramotor Digital Technology Limited |
| Suman Naresh Sabnani DIN 10223343 | Director | 14 Feb 2026 | 8 mo | Paramotor Digital Technology Limited |
People of Paramotor Digital Technology
1 people are tracked at Paramotor Digital Technology (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Paramotor Digital Technology
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Financials of Paramotor Digital Technology
Figures of Paramotor Digital Technology Limited, the primary company behind Paramotor Digital Technology, for FY 2025. Revenue was ₹112 Cr (+232% year on year). Net profit was ₹29.23 Cr (26% margin). EBITDA was ₹41.42 Cr (37% margin). Revenue has grown at a compounded annual rate of -17% over three years and +109% over five years.
- ₹112 CrRevenue · FY 2025 · +232% YoY
- ₹29.23 CrNet profit · 26% margin
- ₹41.42 CrEBITDA · 37% margin
- ₹38.82 CrPaid-up capital
- 15Employees (provident fund records)
- -17%Revenue CAGR, 3 years
- +109%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Paramotor Digital Technology Limited are on its company page.
Detailed financial statements for Paramotor Digital Technology
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Similar companies to Paramotor Digital Technology
Paramotor Digital Technology has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of Paramotor Digital Technology
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Top companies in Travel Fintech
3 companies that operate in the same segment as Paramotor Digital Technology (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 8.79 | 74 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Related news about Paramotor Digital Technology
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Frequently Asked Questions about Paramotor Digital Technology
Paramotor Digital Technology is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Paramotor Digital Technology, Paramotor Digital Technology Limited, reported revenue of ₹112 Cr for FY 2025, up 232% year on year.
Paramotor is a fintech company based in Mumbai, India, specializing in prepaid gift cards, expense management solutions, and gift vouchers. It collaborates with banks and partners to deliver comprehensive spend management tools, accessible without credit checks, catering to individuals and corporates. The services include rewards, recognition, and easy payment options, with strong customer support for various needs.
Paramotor Digital Technology offers Paramotor Prepaid Gift Card, PEMS, and Gift Vouchers.
Paramotor Digital Technology operates through Paramotor Digital Technology Limited.
The legal entities of Paramotor Digital Technology currently have 8 directors, including Suman Naresh Sabnani, Rahul Anand, Jayesh Suryakant Modi and others.