About Payabbhi
Payabbhi is a Financial Services company based in Kolkata (India) founded in 2016. Functions as an online payment gateway for businesses to process transactions securely. It operates on a B2B model. Its Indian entity Paypermint Private Limited reported revenue of ₹1.1 Lakh. Its focus areas include FinTech, Payment Solutions and Gateways. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Payabbhi, established in 2016, excels in offering financial products and advice, innovating financial technology, providing payment solutions, and gateways. Functions as an online payment gateway for businesses to process transactions securely. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Kolkata, India
- SectorsFinancial Services
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- Website payabbhi.com
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- Legal Name Paypermint Private Limited
- Date of Incorporation 26 Aug, 2016
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹1.1 Lakh
FY 2023 · -96% YoY
- Net Loss-₹2.73 Cr
FY 2023 · -24355% margin
- EBITDA-₹1.62 Cr
FY 2023 · -14465% margin
Associated legal entities of Payabbhi
Payabbhi operates through Paypermint Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paypermint Private Limited CIN U72900WB2016PTC217291 | Active | 26 Aug 2016 | Kolkata, West Bengal | ₹0.0 Cr | 7 | View details |
Board of directors of Paypermint Private Limited (Payabbhi)
Paypermint Private Limited is the primary company behind Payabbhi. The board of Paypermint Private Limited currently have 4 directors; the longest-serving is Rajnit Rai Jain, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajnit Rai Jain DIN 00122942 | Whole-time director | 26 Aug 2016 | 10 yrs 1 mo | Paypermint Private Limited |
| Rajasekar Ramaraj DIN 00090279 | Director | 26 Aug 2016 | 10 yrs 1 mo | Paypermint Private Limited |
| Vijendra Kumar Surana DIN 00905175 | CFO | 02 Apr 2021 | 5 yrs 6 mo | Paypermint Private Limited |
| Richard Nicholas Launder DIN 03375772 | Director | 18 Aug 2021 | 5 yrs 2 mo | Paypermint Private Limited |
Financials of Payabbhi
Figures of Paypermint Private Limited, the primary company behind Payabbhi, for FY 2023. Revenue was ₹1.1 Lakh (-96% year on year). Net loss was -₹2.73 Cr (-24355% margin). EBITDA was -₹1.62 Cr (-14465% margin). Revenue has grown at a compounded annual rate of -75% over three years and -3% over five years.
- ₹1.1 LakhRevenue · FY 2023 · -96% YoY
- -₹2.73 CrNet loss · -24355% margin
- -₹1.62 CrEBITDA · -14465% margin
- ₹10.15 CrPaid-up capital
- -75%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Paypermint Private Limited are on its company page.
Detailed financial statements for Payabbhi
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Similar companies to Payabbhi
Payabbhi 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 Payabbhi
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Top companies in Travel Fintech
3 companies that operate in the same segment as Payabbhi (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 Payabbhi
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Frequently Asked Questions about Payabbhi
Payabbhi was founded in 2016.
Payabbhi is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Payabbhi, Paypermint Private Limited, reported revenue of ₹1.1 Lakh for FY 2023, down 96% year on year.
Payabbhi, established in 2016, excels in offering financial products and advice, innovating financial technology, providing payment solutions, and gateways. Functions as an online payment gateway for businesses to process transactions securely. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Payabbhi operates through Paypermint Private Limited.
The legal entities of Payabbhi currently have 6 directors, including Richard Nicholas Launder, Rajnit Rai Jain, Sonu Agarwal and others.