About Q2Pay
Q2Pay is a Financial Services company based in Mumbai (India). It operates an online payment platform for businesses. It operates on a B2B model. The company has 32 employees. Its Indian entity Q2pay Technologies Private Limited reported revenue of ₹1.94 Cr. Its focus areas include Fintech, Payment Solutions and Online Payments. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Q2Pay operates with a B2B model, focusing on offering financial products and advice, fintech, providing payment solutions, and online payments. Operates an online payment platform for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mumbai, India
- Employees 32
- SectorsFinancial Services
- Website q2pay.in
- Legal Name Q2pay Technologies Private Limited
- Date of Incorporation 01 May, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.94 Cr
FY 2026 · +683% YoY
- Net Loss-₹16.69 Cr
FY 2026 · -859% margin
- EBITDA-₹13.64 Cr
FY 2026 · -703% margin
- Employee Count32
Associated legal entities of Q2Pay
Q2Pay operates through Q2pay Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Q2pay Technologies Private Limited CIN U74993MH2018PTC308734 | Active | 01 May 2018 | Mumbai, Maharashtra | ₹1.9 Cr | 32 | 4 | View details |
Board of directors of Q2pay Technologies Private Limited (Q2Pay)
Q2pay Technologies Private Limited is the primary company behind Q2Pay. The board of Q2pay Technologies Private Limited currently have 4 directors; the longest-serving is Akshay Abhay Rangnekar, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Abhay Rangnekar DIN 08123098 | Director | 01 May 2018 | 8 yrs 5 mo | Q2pay Technologies Private Limited |
| Devaki Abhay Rangnekar DIN 00955588 | Director | 01 May 2018 | 8 yrs 5 mo | Q2pay Technologies Private Limited |
| Ankur Abhay Rangnekar DIN 09388673 | Director | 08 Nov 2021 | 4 yrs 11 mo | Q2pay Technologies Private Limited |
| Abhay Prabhatkumar Rangnekar DIN 00955631 | Director | 02 Nov 2023 | 2 yrs 11 mo | Q2pay Technologies Private Limited |
People of Q2Pay
5 people are tracked at Q2Pay (2 in leadership, 3 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Tamseel Aquib | Head- Bank & Client Relations | Leadership |
Hemant S. | Software Developer | Team |
Parth Pakhare | Senior UX Designer | Team |
Grissna Paul | QA Lead | Team |
Complete people profiles for Q2Pay
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Financials of Q2Pay
Figures of Q2pay Technologies Private Limited, the primary company behind Q2Pay, for FY 2026. Revenue was ₹1.94 Cr (+683% year on year). Net loss was -₹16.69 Cr (-859% margin). EBITDA was -₹13.64 Cr (-703% margin). Revenue has grown at a compounded annual rate of -9% over three years and +64% over five years.
- ₹1.94 CrRevenue · FY 2026 · +683% YoY
- -₹16.69 CrNet loss · -859% margin
- -₹13.64 CrEBITDA · -703% margin
- ₹1.06 CrPaid-up capital
- 32Employees (provident fund records)
- -9%Revenue CAGR, 3 years
- +64%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Q2pay Technologies Private Limited are on its company page.
Detailed financial statements for Q2Pay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Q2Pay
Q2Pay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of Q2Pay
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Top companies in Travel Fintech
3 companies that operate in the same segment as Q2Pay (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 Q2Pay
Q2Pay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Q2Pay has 32 employees.
The primary company behind Q2Pay, Q2pay Technologies Private Limited, reported revenue of ₹1.94 Cr for FY 2026, up 683% year on year.
Q2Pay operates with a B2B model, focusing on offering financial products and advice, fintech, providing payment solutions, and online payments. Operates an online payment platform for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Q2Pay operates through Q2pay Technologies Private Limited.
The legal entities of Q2Pay currently have 4 directors, including Akshay Abhay Rangnekar, Devaki Abhay Rangnekar, Abhay Prabhatkumar Rangnekar and others.