About Payultrafast
Payultrafast is a Financial Services company based in Delhi (India). It delivers agent-based payment solutions for businesses to streamline transactions. It operates on a B2B model. Its Indian entity Remit Infosystems Private Limited reported revenue of ₹82.81 Cr. Its focus areas include Fintech, Payment Processing and Agent-based Solutions. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
Payultrafast, based in Delhi, focuses on offering financial products and advice, fintech, processing payments securely, and agent-based solutions. Delivers agent-based payment solutions for businesses to streamline transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- SectorsFinancial Services
- Email••••••••
- Website payultrafast.in/Web/Default.aspx
- Social X
- Legal Name Remit Infosystems Private Limited
- Date of Incorporation 28 Sep, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹82.81 Cr
FY 2025 · -43% YoY
- Net Loss-₹15,000
FY 2025 · 0% margin
- EBITDA₹6 Lakh
FY 2025 · 0% margin
Associated legal entities of Payultrafast
Payultrafast operates through Remit Infosystems 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 |
|---|---|---|---|---|---|---|---|
| Remit Infosystems Private Limited CIN U74999DL2018PTC339694 | Active | 28 Sep 2018 | New Delhi, Delhi | ₹82.8 Cr | 2 | View details |
Board of directors of Remit Infosystems Private Limited (Payultrafast)
Remit Infosystems Private Limited is the primary company behind Payultrafast. The board of Remit Infosystems Private Limited currently have 2 directors; the longest-serving is Sumith Gureja, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumith Gureja DIN 08242506 | Director | 28 Sep 2018 | 8 yrs 1 mo | Remit Infosystems Private Limited |
| Ravindra Kumar DIN 08242505 | Director | 28 Sep 2018 | 8 yrs 1 mo | Remit Infosystems Private Limited |
Financials of Payultrafast
Figures of Remit Infosystems Private Limited, the primary company behind Payultrafast, for FY 2025. Revenue was ₹82.81 Cr (-43% year on year). Net loss was -₹15,000 (0% margin). EBITDA was ₹6 Lakh (0% margin). Revenue has grown at a compounded annual rate of -3% over three years and +9% over five years.
- ₹82.81 CrRevenue · FY 2025 · -43% YoY
- -₹15,000Net loss · 0% margin
- ₹6 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- -3%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Remit Infosystems Private Limited are on its company page.
Detailed financial statements for Payultrafast
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Competitors of Payultrafast
Payultrafast 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 Payultrafast
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- Full competitor set
- Operating metrics
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Top companies in Travel Fintech
3 companies that operate in the same segment as Payultrafast (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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Frequently Asked Questions about Payultrafast
Payultrafast is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Payultrafast, Remit Infosystems Private Limited, reported revenue of ₹82.81 Cr for FY 2025, down 43% year on year.
Payultrafast, based in Delhi, focuses on offering financial products and advice, fintech, processing payments securely, and agent-based solutions. Delivers agent-based payment solutions for businesses to streamline transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Payultrafast's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
Payultrafast operates through Remit Infosystems Private Limited.
The legal entities of Payultrafast currently have 2 directors, including Sumith Gureja, Ravindra Kumar.