About Paymaster
Paymaster is a Financial Services company based in Ajmer (India) founded in 2020. Agent-based payment solutions are offered to merchants. The company has 11 employees. Its Indian entity Ezulix Software Private Limited reported revenue of ₹9.65 Cr. Its focus areas include FinTech, Payments, Business Payments and Agent Based Payments. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
Paymaster was founded in 2020 and is headquartered in Ajmer, India. Operations focus on the fintech sector, where agent-based payment solutions are developed and provided to merchants. Services include streamlined transaction processing and integration tools tailored for retail and e-commerce environments. The company serves businesses across India, emphasizing secure and efficient payment handling through a network of agents. Expansion efforts are directed toward broader merchant adoption in emerging markets.
- Headquarters Ajmer, India
- Employees 11
- SectorsFinancial Services
- Website paymasterns.com
- Legal Name Ezulix Software Private Limited
- Date of Incorporation 20 Feb, 2018
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹9.65 Cr
FY 2024 · -31% YoY
- Net Profit₹36.7 Lakh
FY 2024 · 4% margin
- EBITDA₹82 Lakh
FY 2024 · 8% margin
- Employee Count11
Associated legal entities of Paymaster
Paymaster operates through Ezulix Software 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 |
|---|---|---|---|---|---|---|---|
| Ezulix Software Private Limited CIN U74110RJ2018PTC060266 | Active | 20 Feb 2018 | Jaipur, Rajasthan | ₹9.7 Cr | 11 | 2 | View details |
Board of directors of Ezulix Software Private Limited (Paymaster)
Ezulix Software Private Limited is the primary company behind Paymaster. The board of Ezulix Software Private Limited currently have 2 directors; the longest-serving is Mahesh Chand Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Chand Sharma DIN 08071071 | Director | 20 Feb 2018 | 8 yrs 8 mo | Ezulix Software Private Limited |
| Arvind Kumar Saini DIN 08071072 | Director | 20 Feb 2018 | 8 yrs 8 mo | Ezulix Software Private Limited |
Financials of Paymaster
Figures of Ezulix Software Private Limited, the primary company behind Paymaster, for FY 2024. Revenue was ₹9.65 Cr (-31% year on year). Net profit was ₹36.7 Lakh (4% margin). EBITDA was ₹82 Lakh (8% margin). Revenue has grown at a compounded annual rate of -29% over three years and +14% over five years.
- ₹9.65 CrRevenue · FY 2024 · -31% YoY
- ₹36.7 LakhNet profit · 4% margin
- ₹82 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
- -29%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ezulix Software Private Limited are on its company page.
Detailed financial statements for Paymaster
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Paymaster
Paymaster 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 Paymaster
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 Paymaster (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 Paymaster
Paymaster was founded in 2020.
Paymaster is headquartered in Ajmer, India. It is registered at Ajmer, Rajasthan, India.
Paymaster has 11 employees.
The primary company behind Paymaster, Ezulix Software Private Limited, reported revenue of ₹9.65 Cr for FY 2024, down 31% year on year.
Paymaster was founded in 2020 and is headquartered in Ajmer, India. Operations focus on the fintech sector, where agent-based payment solutions are developed and provided to merchants. Services include streamlined transaction processing and integration tools tailored for retail and e-commerce environments. The company serves businesses across India, emphasizing secure and efficient payment handling through a network of agents. Expansion efforts are directed toward broader merchant adoption in emerging markets.
Paymaster's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
Paymaster operates through Ezulix Software Private Limited.
The legal entities of Paymaster currently have 2 directors, including Mahesh Chand Sharma, Arvind Kumar Saini.