About Payy India
Payy India is a company based in Bhiwandi (India) founded in 2011. It operates as a B2C. Payy India operates in a competitive market with competitors including PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, among others.
- Headquarter Bhiwandi, India
- SectorsFinancial Services
- Website payyindia.com
- Legal Name Ample Hub Fintech Private Limited
- Date of Incorporation 28 Jun, 2010
- Jurisdiction Bhiwandi, Maharashtra, India
- Annual Revenue₹30 Lakh
FY 2022 · +9883% YoY
- Net Profit₹5.5 Lakh
FY 2022 · 18% margin
- EBITDA₹8 Lakh
FY 2022 · 27% margin
Associated legal entities of Payy India
Payy India operates through Ample Hub Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ample Hub Fintech Private Limited CIN U74900MH2010PTC204938 | Active | 28 Jun 2010 | Bhiwandi, Maharashtra | ₹0.3 Cr | – | 2 | View details |
Board of directors of Ample Hub Fintech Private Limited (Payy India)
Ample Hub Fintech Private Limited is the primary company behind Payy India. The board of Ample Hub Fintech Private Limited currently have 2 directors; the longest-serving is Uneza Ibrahim Lasanwala, appointed in 2021. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uneza Ibrahim Lasanwala DIN 09279094 | Director | 12 Aug 2021 | 5 yrs 2 mo | Ample Hub Fintech Private Limited |
| Awais Mohammad Amin Memon DIN 09279059 | Director | 12 Aug 2021 | 5 yrs 2 mo | Ample Hub Fintech Private Limited |
Financials of Payy India
Figures of Ample Hub Fintech Private Limited, the primary company behind Payy India, for FY 2022. Revenue was ₹30 Lakh (+9883% year on year). Net profit was ₹5.5 Lakh (18% margin). EBITDA was ₹8 Lakh (27% margin). Revenue has grown at a compounded annual rate of +528% over three years and +23% over five years.
- ₹30 LakhRevenue · FY 2022 · +9883% YoY
- ₹5.5 LakhNet profit · 18% margin
- ₹8 LakhEBITDA · 27% margin
- ₹1 LakhPaid-up capital
- +528%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ample Hub Fintech Private Limited are on its company page.
Detailed financial statements for Payy India
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Competitors of Payy India
Payy India operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.01B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $4.14B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. | |
| freecharge.in | 2010 | Gurugram, India | $116.92M | 1,762 | Digital wallet services for bill payments and recharges are facilitated. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| one97.com | 2000 | Noida, India | – | 86 | Wallet-based payment solutions are provided for consumers and businesses. | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| citruspay.com | 2011 | Mumbai, India | $32.5M | 160 | Online payment app for consumers and businesses | |
| ebixcash.com | 1989 | Noida, India | $35.29M | 1,799 | App-based money transfer and bill payment platform for individuals and businesses |
Detailed competitors of Payy India
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Similar companies to Payy India
10 companies that operate in the same segment as Payy India (Travel Fintech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore | USD 721.47 M | USD 22.94 B | 80,700 | |
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 | – | – | – | |
Venture capital funding and support for pre-seed and seed-stage startups in India. | 2019 | Mumbai, Maharashtra, India | – | – | – | |
EPSILON NET is engaged in providing business software solutions. | 1999 | Kallithea, Attica, Greece | – | – | – | |
Offers payment gateways, links, and services for online transactions and business payments. | 2009 | Noida, Uttar Pradesh, India | – | – | – | |
Mobile app for phone payments at merchants without wallets or internet. | 2014 | Bengaluru, Karnataka, India | – | USD 103.98 K | 10 | |
Investment in Indian startups across technology and fintech sectors. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Fintech platform offering AEPS, Micro ATM, recharge, and money transfer services. | 2021 | Delhi, Delhi, India | – | USD 4.61 M | 292 |
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Frequently Asked Questions about Payy India
Payy India was founded in 2011.
Payy India is headquartered in Bhiwandi, India. It is registered at Bhiwandi, Maharashtra, India.
The primary company behind Payy India, Ample Hub Fintech Private Limited, reported revenue of ₹30 Lakh for FY 2022, up 9883% year on year.
Payy India, established in 2011, excels in finance, fintech, providing payment solutions, and offering digital wallets. Provides a wallet-enabled solution for domestic money transfers and bill payments. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Payy India operates through Ample Hub Fintech Private Limited.
The legal entities of Payy India currently have 2 directors, including Uneza Ibrahim Lasanwala, Awais Mohammad Amin Memon.