
About RuCards
RuCards is a Financial Services company based in Mumbai (India) founded in 2021. It provides a digital wallet and payment cards platform for individual users. It operates on a B2C model. The company has 9 employees. Its Indian entity Crescent Business Solutions Private Limited reported revenue of βΉ63.25 Cr. Its focus areas include Fintech, Digital Payments and Wallets and Cards. Its competitors include UltraCash, SkippQ and Araetap.
Company details
RuCards, founded in 2021 in Mumbai, India, focuses on offering financial products and advice, fintech, digital payments, and wallets and cards. Provides a digital wallet and payment cards platform for individual users. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 9
- SectorsFinancial Services
- Website rucards.in
- Social Facebook
- Legal Name Crescent Business Solutions Private Limited
- Date of Incorporation 20 Apr, 2010
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹63.25 Cr
FY 2025 · +866% YoY
- Net Loss-₹16.7 Lakh
FY 2025 · 0% margin
- EBITDA₹60.8 Lakh
FY 2025 · 1% margin
- Employee Count9
Associated legal entities of RuCards
RuCards operates through Crescent Business Solutions 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 |
|---|---|---|---|---|---|---|---|
| Crescent Business Solutions Private Limited CIN U67190MH2010PTC202209 | Active | 20 Apr 2010 | Navi Mumbai, Maharashtra | ₹63.2 Cr | 9 | 2 | View details |
Board of directors of Crescent Business Solutions Private Limited (RuCards)
Crescent Business Solutions Private Limited is the primary company behind RuCards. The board of Crescent Business Solutions Private Limited currently have 2 directors; the longest-serving is Zoheb Ahmed Patel, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Zoheb Ahmed Patel DIN 02987560 | Director | 20 Apr 2010 | 16 yrs 6 mo | Crescent Business Solutions Private Limited |
| Vineet Kumar Tewari DIN 07698333 | Director | 03 Jan 2017 | 9 yrs 9 mo | Crescent Business Solutions Private Limited |
Financials of RuCards
Figures of Crescent Business Solutions Private Limited, the primary company behind RuCards, for FY 2025. Revenue was ₹63.25 Cr (+866% year on year). Net loss was -₹16.7 Lakh (0% margin). EBITDA was ₹60.8 Lakh (1% margin). Revenue has grown at a compounded annual rate of +194% over three years and +129% over five years.
- ₹63.25 CrRevenue · FY 2025 · +866% YoY
- -₹16.7 LakhNet loss · 0% margin
- ₹60.8 LakhEBITDA · 1% margin
- ₹11.5 LakhPaid-up capital
- 9Employees (provident fund records)
- +194%Revenue CAGR, 3 years
- +129%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Crescent Business Solutions Private Limited are on its company page.
Detailed financial statements for RuCards
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Competitors of RuCards
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ultracash.com | 2014 | Bengaluru, India | 25 | Mobile app for phone payments at merchants without wallets or internet. | ||
| skippq.com | 2018 | Ghaziabad, India | An app-based platform for mobile payments. | |||
| araetap.com | 2012 | Chennai, India | A NFC-based mobile wallet and rewards service for businesses and individuals to facilitate secure transactions. |
Detailed competitors of RuCards
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Top companies in Travel Fintech
3 companies that operate in the same segment as RuCards (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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Related news about Rucards
Complete news archive for RuCards
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Frequently Asked Questions about RuCards
RuCards was founded in 2021.
RuCards is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
RuCards has 9 employees.
The primary company behind RuCards, Crescent Business Solutions Private Limited, reported revenue of βΉ63.25 Cr for FY 2025, up 866% year on year.
RuCards, founded in 2021 in Mumbai, India, focuses on offering financial products and advice, fintech, digital payments, and wallets and cards. Provides a digital wallet and payment cards platform for individual users. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
RuCards operates through Crescent Business Solutions Private Limited.
The legal entities of RuCards currently have 2 directors, including Vineet Kumar Tewari, Zoheb Ahmed Patel.
