About Parat
Parat is a Retail company based in Mumbai (India) founded in 2022. It operates as a platform for bill payments, rewards, and creating online stores with subscriptions. It operates on a D2C and SaaS model in Retail and Financial Services sectors. Parat offers products and services including Bill Payments Service, Store Setup Tool, and Subscription Creator. Its focus areas include Consumer, E-commerce Tech, Store Platforms and Subscription Services. Its legal entity in India is Gintama Technologies PVT. LTD (U72900MH2022PTC387095). Its competitors include Cleeng, Curlec, RocketPay, Subco and Hexipay and 2 more; 2 of its 7 listed competitors have raised funding.
Company details
Parat is a platform that facilitates bill payments and rewards, allowing users to set up online stores quickly through simple steps. It enables listing products, creating subscriptions for frequently purchased items, and integrating with payment systems. Based in India, it supports businesses in the subscription economy by partnering with technology providers. The service focuses on user-friendly tools for managing transactions and rewards without promotional emphasis.
- Headquarters Mumbai, India
- Employees 1
- SectorsRetailFinancial Services
- Email••••••••
- Website parat.app/landing
- Legal Name Gintama Technologies Pvt. Ltd.
- Date of Incorporation 20 Jul, 2022
- Jurisdiction Thane, Maharashtra, India
- Employee Count1
Associated legal entities of Parat
Parat operates through Gintama Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gintama Technologies Private Limited CIN U72900MH2022PTC387095 | Active | 20 Jul 2022 | Thane, Maharashtra | – | – | 2 | View details |
Products & Services of Parat
Parat offers a comprehensive portfolio of products and services, including Bill Payments Service, Store Setup Tool, and Subscription Creator.
Service for subscribing to and paying bills securely.
Tool for quick online store creation and product listing.
Feature to create subscriptions for frequent purchases.
Board of directors of Gintama Technologies Private Limited (Parat)
Gintama Technologies Private Limited is the primary company behind Parat. The board of Gintama Technologies Private Limited currently have 2 directors; the longest-serving is Abdul Fayeed Anwar Pavaskar, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abdul Fayeed Anwar Pavaskar DIN 09679077 | Director | 20 Jul 2022 | 4 yrs 2 mo | Gintama Technologies Private Limited |
| Momin Mohammed Mustkeem Jabir DIN 09679078 | Director | 20 Jul 2022 | 4 yrs 2 mo | Gintama Technologies Private Limited |
Competitors of Parat
Parat has 7 listed competitors in our database, 2 of them funded. They include Cleeng, Curlec, RocketPay, Subco and Hexipay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cleeng.com | 2011 | Amsterdam, Netherlands | $7.55M | – | Subscriber management systems are provided for digital services. | |
| curlec.com | 2018 | Kuala Lumpur, Malaysia | – | – | Recurring payments are automated and collected via bank-to-bank direct debits. | |
| rocketpay.co.in | 2022 | Bengaluru, India | $2.01M | – | App-based recurring payment collection solutions for businesses | |
| subco.co.in | 2022 | Hyderabad, India | – | – | Provides recurring payment processing solutions for businesses. | |
| hexipay.com | 2023 | Kolkata, India | – | – | Provides a secure payment gateway for enterprise merchants and technology providers. | |
| upipays.com | 2021 | Noida, India | – | – | Delivers app-based recurring payment solutions for businesses. | |
| sanpay.co.in | 2021 | Jaipur, India | – | – | Offers online recurring payment solutions for businesses. |
Detailed competitors of Parat
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Subscription & Video Commerce
10 companies that operate in the same segment as Parat (Subscription & Video Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collectibles are auctioned through live videos on a mobile app. | 2019 | Marina Del Rey, California, United States | USD 1.52 B | – | 2,186 | |
Influencer-recommended multi-category fashion items are retailed online. | 2009 | Singapore, Singapore | USD 64 M | USD 108.4 M | – | |
Multi-category products are traded via an app-based video commerce platform. | 2019 | El Segundo, California, United States | USD 235.75 M | – | 151 | |
Provider of a cloud-based software tool to create shoppable and interactive videos | 2017 | Redwood City, California, United States | USD 248.5 M | – | – | |
Multi-category fashion products are streamed live via a mobile app. | 2018 | London, England, United Kingdom | USD 58.5 M | – | – | |
Live streaming storefronts are enabled by an online SaaS platform. | 2017 | Huntsville, Alabama, United States | – | – | – | |
Providing solution for live video streaming for businesses | 2007 | Stockholm, Sweden | USD 4.02 M | USD 9.02 M | 78 | |
Social commerce platform for users to discover and share recommendations | 2016 | Bengaluru, Karnataka, India | USD 65.91 M | USD 693.59 K | 15 | |
Live Auctions platform | 2002 | New York, New York, United States | USD 47.6 M | – | – | |
Makeup, skincare, and personal care products are retailed online. | 2017 | Bengaluru, Karnataka, India | USD 5.35 M | USD 994.46 K | 76 |
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Frequently Asked Questions about Parat
Parat was founded in 2022.
Parat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Parat has 1 employees.
Parat is a platform that facilitates bill payments and rewards, allowing users to set up online stores quickly through simple steps. It enables listing products, creating subscriptions for frequently purchased items, and integrating with payment systems. Based in India, it supports businesses in the subscription economy by partnering with technology providers. The service focuses on user-friendly tools for managing transactions and rewards without promotional emphasis.
Parat offers Bill Payments Service, Store Setup Tool, and Subscription Creator.
Parat operates through Gintama Technologies Private Limited.
The legal entities of Parat currently have 2 directors, including Abdul Fayeed Anwar Pavaskar, Momin Mohammed Mustkeem Jabir.