Prakamapay

Navi Mumbai, India Founded: 2024 • Age: 2 yrs
Offers payment gateway services for secure online and offline transactions.

About Prakamapay

Prakamapay is a Financial Services company based in Navi Mumbai (India) founded in 2024. It offers payment gateway services for secure online and offline transactions. It operates on a B2B and SaaS model. Its Indian entity Prakama Payments Private Limited reported revenue of β‚Ή26.60 Cr. Prakamapay offers products and services including Payment Gateway, Offline Payments, Payouts, Payment Links, and Subscriptions. Its focus areas include FinTech, Payment Tech, Payment Gateways and Online and Offline Payments. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.

Company details

PrakamaPay operates as a payment gateway platform, enabling secure transactions through various modes like cards, UPI, and wallets. It supports features such as offline payments, payouts, subscriptions, and B2B collections, with high success rates and robust security measures. Based in Navi Mumbai, India, it serves businesses, banks, and government institutions by facilitating easy integration and reliable payment processing.

  • Headquarters Navi Mumbai, India
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website prakamapay.com
  • Legal Name Compensenator Technologies & Servicesprivate Limited
  • Date of Incorporation 11 Aug, 2015
  • Jurisdiction Thane, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹26.60 Cr

    FY 2025 · +2532859% YoY

  • Net Profit
    ₹5.30 Cr

    FY 2025 · 20% margin

  • EBITDA
    ₹7.14 Cr

    FY 2025 · 27% margin

Products & Services of Prakamapay

Prakamapay offers a comprehensive portfolio of products and services, including Payment Gateway, Offline Payments, Payouts, Payment Links, and Subscriptions.

Payment Gateway
Payment Processing

Secure platform for handling online transactions and payments.

Offline Payments
Payment Solutions

Innovative methods for offline transactions like e-cash and e-NEFT.

Payouts
Money Transfer

System for quick online money transfers with easy reconciliation.

Payment Links
Payment Tools

Link-based solution for collecting payments via multiple methods.

Subscriptions
Recurring Services

Automates transactions for recurring payments and mandates.

Board of directors of Prakama Payments Private Limited (Prakamapay)

Prakama Payments Private Limited is the primary company behind Prakamapay. The board of Prakama Payments Private Limited currently have 2 directors; the longest-serving is Daksh Yadav, appointed in 2024. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Daksh Yadav
DIN 10444443
Director09 Jan 20242 yrs 9 moPrakama Payments Private Limited
Amit Sanjay Singh
DIN 10472930
Director16 Oct 20242 yrsPrakama Payments Private Limited

Financials of Prakamapay

Figures of Prakama Payments Private Limited, the primary company behind Prakamapay, for FY 2025. Revenue was ₹26.60 Cr (+2532859% year on year). Net profit was ₹5.30 Cr (20% margin). EBITDA was ₹7.14 Cr (27% margin).

  • ₹26.60 CrRevenue · FY 2025 · +2532859% YoY
  • ₹5.30 CrNet profit · 20% margin
  • ₹7.14 CrEBITDA · 27% margin
  • ₹5 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Prakama Payments Private Limited are on its company page.

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Detailed financial statements for Prakamapay

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Similar companies to Prakamapay

Prakamapay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
mintoak.com2017Mumbai, India$24.71M140
Digital payments and engagement solutions are offered for MSMEs.
pinelabs.com1998Noida, India$1.23B3,780
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Detailed similar companies of Prakamapay

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Top companies in Travel Fintech

3 companies that operate in the same segment as Prakamapay (Travel Fintech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payment services via UPI, cards, and wallets.
2019Bengaluru, Karnataka, IndiaUSD 8.7974
Provides an app-based platform for group expense sharing and bill splitting.
2015Bengaluru, Karnataka, IndiaUSD 2.47 M177
Offers agent-based solutions for secure payment processing.
2015Ludhiana, Punjab, India
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Frequently Asked Questions about Prakamapay

Prakamapay was founded in 2024.

Prakamapay is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.

The primary company behind Prakamapay, Prakama Payments Private Limited, reported revenue of β‚Ή26.60 Cr for FY 2025, up 2532859% year on year.

PrakamaPay operates as a payment gateway platform, enabling secure transactions through various modes like cards, UPI, and wallets. It supports features such as offline payments, payouts, subscriptions, and B2B collections, with high success rates and robust security measures. Based in Navi Mumbai, India, it serves businesses, banks, and government institutions by facilitating easy integration and reliable payment processing.

Prakamapay's top competitors include Razorpay, Mintoak and Pine Labs.

Prakamapay offers Payment Gateway, Offline Payments, Payouts, Payment Links, and Subscriptions.

Prakamapay operates through Prakama Payments Private Limited.

The legal entities of Prakamapay currently have 2 directors, including Amit Sanjay Singh, Daksh Yadav.

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