About PayBoomBiz
PayBoomBiz is a Financial Services company based in Ahmednagar (India) founded in 2020. It offers agent-based payment solutions for businesses. It operates on a B2B model. Its Indian entity Kamlai Multi Services India Private Limited reported revenue of ₹89.7 Lakh. Its focus areas include Payments, Payment Solutions and Agent-Based Systems. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
PayBoomBiz operates with a B2B model, focusing on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based payment solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Ahmednagar, India
- SectorsFinancial Services
- Website payboombiz.com
- Legal Name Kamlai Multi Services India Private Limited
- Date of Incorporation 07 Mar, 2018
- Jurisdiction Ahmednagar, Maharashtra, India
- Annual Revenue₹89.7 Lakh
FY 2021 · +249% YoY
- Net Profit₹14,556
FY 2021 · 0% margin
- EBITDA₹25,314
FY 2021 · 0% margin
Associated legal entities of PayBoomBiz
PayBoomBiz operates through Kamlai Multi Services India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kamlai Multi Services India Private Limited CIN U74999PN2018PTC175199 | Active | 07 Mar 2018 | Ahmednagar, Maharashtra | ₹0.9 Cr | 4 | View details |
Board of directors of Kamlai Multi Services India Private Limited (PayBoomBiz)
Kamlai Multi Services India Private Limited is the primary company behind PayBoomBiz. The board of Kamlai Multi Services India Private Limited currently have 4 directors; the longest-serving is Mukesh Dattatray Kolhe, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Dattatray Kolhe DIN 08080527 | Director | 07 Mar 2018 | 8 yrs 8 mo | Kamlai Multi Services India Private Limited |
| Kamlesh Dattatray Kolhe DIN 08080528 | Director | 07 Mar 2018 | 8 yrs 8 mo | Kamlai Multi Services India Private Limited |
| Pallavi Amol Sonmali DIN 08705531 | Additional Director | 11 Sep 2021 | 5 yrs 1 mo | Kamlai Multi Services India Private Limited |
| Suvarna Rahul Sonmali DIN 08705532 | Additional Director | 11 Sep 2021 | 5 yrs 1 mo | Kamlai Multi Services India Private Limited |
Financials of PayBoomBiz
Figures of Kamlai Multi Services India Private Limited, the primary company behind PayBoomBiz, for FY 2021. Revenue was ₹89.7 Lakh (+249% year on year). Net profit was ₹14,556 (0% margin). EBITDA was ₹25,314 (0% margin).
- ₹89.7 LakhRevenue · FY 2021 · +249% YoY
- ₹14,556Net profit · 0% margin
- ₹25,314EBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Kamlai Multi Services India Private Limited are on its company page.
Detailed financial statements for PayBoomBiz
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- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of PayBoomBiz
PayBoomBiz has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| 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. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of PayBoomBiz
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 PayBoomBiz (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 PayBoomBiz
PayBoomBiz was founded in 2020.
PayBoomBiz is headquartered in Ahmednagar, India. It is registered at Ahmednagar, Maharashtra, India.
The primary company behind PayBoomBiz, Kamlai Multi Services India Private Limited, reported revenue of ₹89.7 Lakh for FY 2021, up 249% year on year.
PayBoomBiz operates with a B2B model, focusing on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based payment solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
PayBoomBiz's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
PayBoomBiz operates through Kamlai Multi Services India Private Limited.
The legal entities of PayBoomBiz currently have 4 directors, including Mukesh Dattatray Kolhe, Kamlesh Dattatray Kolhe, Pallavi Amol Sonmali and others.