About PayCel India
PayCel India is a Financial Services company based in Gurugram (India) founded in 2022. It offers online mobile recharges, bill payments, and financial platforms. It operates on a B2B and Marketplace model. The company has 1 employees. Its Indian entity Paycel India Private Limited reported revenue of ₹4.88 Cr. PayCel India offers products and services including Mobile Recharge Service, Utility Bill Payments, Credit Card Bill Payments, Insurance Premium Payments, and FASTag Recharge. Its focus areas include FinTech, Payment Tech, Recharge Services and Mobile and DTH. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
PayCel India Private Limited is a fintech company that operates an online platform for services like mobile and DTH recharges, utility bill payments, credit card dues, insurance premiums, and education fees. It facilitates cashless transactions for users and retailers in India, with features like 247 support and easy onboarding. Based in Gurgaon, Haryana, it aims to simplify financial services for everyday needs.
- Annual Revenue₹4.88 Cr
FY 2024 · +31516% YoY
- Net Profit₹11.7 Lakh
FY 2024 · 2% margin
- EBITDA₹17.1 Lakh
FY 2024 · 4% margin
- Employee Count1
Associated legal entities of PayCel India
PayCel India operates through Paycel India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paycel India Private Limited CIN U74999HR2022PTC100527 | Active | 13 Jan 2022 | Gurgaon, Haryana | ₹4.9 Cr | 2 | View details |
Products & Services of PayCel India
PayCel India offers a comprehensive portfolio of products and services, including Mobile Recharge Service, Utility Bill Payments, Credit Card Bill Payments, Insurance Premium Payments, and FASTag Recharge.
Enables online recharging of mobile phones for users.
Facilitates payment of utility bills like electricity and gas.
Allows easy payment of credit card dues online.
Handles online payments for various insurance premiums.
Provides recharge for toll payments via FASTag accounts.
Board of directors of Paycel India Private Limited (PayCel India)
Paycel India Private Limited is the primary company behind PayCel India. The board of Paycel India Private Limited currently have 2 directors; the longest-serving is Isha Gupta, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Isha Gupta DIN 09466563 | Director | 13 Jan 2022 | 4 yrs 9 mo | Paycel India Private Limited |
| Neeraj Kumar DIN 09466532 | Director | 13 Jan 2022 | 4 yrs 9 mo | Paycel India Private Limited |
Financials of PayCel India
Figures of Paycel India Private Limited, the primary company behind PayCel India, for FY 2024. Revenue was ₹4.88 Cr (+31516% year on year). Net profit was ₹11.7 Lakh (2% margin). EBITDA was ₹17.1 Lakh (4% margin).
- ₹4.88 CrRevenue · FY 2024 · +31516% YoY
- ₹11.7 LakhNet profit · 2% margin
- ₹17.1 LakhEBITDA · 4% margin
- ₹50 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Paycel India Private Limited are on its company page.
Detailed financial statements for PayCel India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
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Verified entity values are shown only after access is granted.
Competitors of PayCel India
PayCel India 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 PayCel India
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Frequently Asked Questions about PayCel India
PayCel India was founded in 2022.
PayCel India is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
PayCel India has 1 employees.
The primary company behind PayCel India, Paycel India Private Limited, reported revenue of ₹4.88 Cr for FY 2024, up 31516% year on year.
PayCel India Private Limited is a fintech company that operates an online platform for services like mobile and DTH recharges, utility bill payments, credit card dues, insurance premiums, and education fees. It facilitates cashless transactions for users and retailers in India, with features like 247 support and easy onboarding. Based in Gurgaon, Haryana, it aims to simplify financial services for everyday needs.
PayCel India's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
PayCel India offers Mobile Recharge Service, Utility Bill Payments, Credit Card Bill Payments, Insurance Premium Payments, and FASTag Recharge.
PayCel India operates through Paycel India Private Limited.
The legal entities of PayCel India currently have 2 directors, including Isha Gupta, Neeraj Kumar.