About Paytronic Network
Paytronic Network is a Financial Services company based in Mumbai (India) founded in 2007 by Nayan Jagjivan Arun. It operates as an electronic payments and mobile recharge services are offered to consumers. The company has 2 employees. Its Indian entity Paytronic Network Private Limited reported revenue of ₹96.2 Lakh. Paytronic Network offers products and services including API and Web Portal. Its focus areas include FinTech, Payments, Business Payments and Agent Based Payments. Its competitors include Dvara KGFS, Kaleidofin, Spice Money, PayNearby and Fino Paytech and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
Paytronic Network was founded in 2007 and is based in Mumbai, India, operating in the fintech sector. Electronic consumer payments and mobile recharge solutions are provided to facilitate transactions and device top-ups. A Paytronic-enabled SIM card is offered, allowing merchants to connect via unstructured supplementary services data for network access. Operations focus on tech-driven services for everyday financial needs.
- Headquarters Mumbai, India
- Employees 2
- Founders Nayan Jagjivan Arun
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website paytronicindia.com
- Social LinkedIn X Facebook
- Legal Name Paytronic Network Private Limited
- Date of Incorporation 09 Mar, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹96.2 Lakh
FY 2025 · -9% YoY
- Net Loss-₹12.3 Lakh
FY 2025 · -13% margin
- EBITDA-₹1 Lakh
FY 2025 · -1% margin
- Employee Count2
Associated legal entities of Paytronic Network
Paytronic Network operates through Paytronic Network Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paytronic Network Private Limited CIN U74999MH2007PTC168537 | Active | 09 Mar 2007 | Mumbai, Maharashtra | ₹1.0 Cr | 2 | 5 | View details |
Products & Services of Paytronic Network
Paytronic Network offers a comprehensive portfolio of products and services, including API and Web Portal.
Interface for processing electronic payments securely
Online platform for managing distributor and merchant transactions
Board of directors of Paytronic Network Private Limited (Paytronic Network)
Paytronic Network Private Limited is the primary company behind Paytronic Network. The board of Paytronic Network Private Limited currently have 4 directors; the longest-serving is Nayan Arun Jagjivan, appointed in 2007. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nayan Arun Jagjivan DIN 00109623 | Director | 09 Mar 2007 | 19 yrs 7 mo | Paytronic Network Private Limited |
| Paresh Muljibhai Patel DIN 05306169 | Director | 22 Apr 2021 | 5 yrs 5 mo | Paytronic Network Private Limited |
| Krishna Nallanichakravarthula DIN 10179989 | Whole-time director | 28 May 2023 | 3 yrs 4 mo | Paytronic Network Private Limited |
| Bhaskar Sadhu Shetty DIN 03196438 | Additional Director | 06 Nov 2025 | 11 mo | Paytronic Network Private Limited |
People of Paytronic Network
3 people are tracked at Paytronic Network (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Devajit Barman | Co-Owner | Leadership |
Atul Patil | Co-Owner | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Paytronic Network
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Financials of Paytronic Network
Figures of Paytronic Network Private Limited, the primary company behind Paytronic Network, for FY 2025. Revenue was ₹96.2 Lakh (-9% year on year). Net loss was -₹12.3 Lakh (-13% margin). EBITDA was -₹1 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +33% over three years and -5% over five years.
- ₹96.2 LakhRevenue · FY 2025 · -9% YoY
- -₹12.3 LakhNet loss · -13% margin
- -₹1 LakhEBITDA · -1% margin
- ₹44.94 CrPaid-up capital
- 2Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Paytronic Network Private Limited are on its company page.
Detailed financial statements for Paytronic Network
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Verified entity values are shown only after access is granted.
Competitors of Paytronic Network
Paytronic Network has 7 listed competitors in our database, 7 of them funded. They include Dvara KGFS, Kaleidofin, Spice Money, PayNearby and Fino Paytech, among others.
| 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. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas | |
| paynearby.in | 2016 | Mumbai, India | $3.95M | 837 | Digital payment and banking services are facilitated via retail partnerships. | |
| finopaytech.com | 2006 | Mumbai, India | $176.53M | 20 | Technology solutions for banking and financial sectors are provided. | |
| suvidhaa.com | 2007 | Mumbai, India | $37.8M | 15 | Tech-enabled financial and e-commerce services are delivered via retail outlets. | |
| subk.co.in | 2010 | Hyderabad, India | $22.51M | 1,738 | Provider of digital financial services for underserved populations |
Detailed competitors of Paytronic Network
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Paytronic Network (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
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 processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Frequently Asked Questions about Paytronic Network
Paytronic Network was founded in 2007.
Paytronic Network is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Paytronic Network has 2 employees.
The primary company behind Paytronic Network, Paytronic Network Private Limited, reported revenue of ₹96.2 Lakh for FY 2025, down 9% year on year.
Paytronic Network was founded in 2007 and is based in Mumbai, India, operating in the fintech sector. Electronic consumer payments and mobile recharge solutions are provided to facilitate transactions and device top-ups. A Paytronic-enabled SIM card is offered, allowing merchants to connect via unstructured supplementary services data for network access. Operations focus on tech-driven services for everyday financial needs.
Paytronic Network's top competitors include Spice Money, Kaleidofin and Fino Paytech.
Paytronic Network offers API and Web Portal.
Paytronic Network operates through Paytronic Network Private Limited.
The legal entities of Paytronic Network currently have 5 directors, including Krishna Nallanichakravarthula, Paresh Muljibhai Patel, Bhaskar Sadhu Shetty and others.