RuCards

Mumbai, India Founded: 2021 • Age: 5 yrs
Provides a digital wallet and payment cards platform for individual users.

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 β‚Ή63.25 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.

Operational Areas
Key Metrics
  • 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 Count
    9

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.

DirectorDesignationAppointedTenureEntity
Zoheb Ahmed Patel
DIN 02987560
Director20 Apr 201016 yrs 6 moCrescent Business Solutions Private Limited
Vineet Kumar Tewari
DIN 07698333
Director03 Jan 20179 yrs 9 moCrescent 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.

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Detailed financial statements for RuCards

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Competitors of RuCards

RuCards has 3 listed competitors in our database. They include UltraCash, SkippQ and Araetap.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ultracash.com2014Bengaluru, India25
Mobile app for phone payments at merchants without wallets or internet.
skippq.com2018Ghaziabad, India
An app-based platform for mobile payments.
araetap.com2012Chennai, India
A NFC-based mobile wallet and rewards service for businesses and individuals to facilitate secure transactions.
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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.

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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Related news about 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 β‚Ή63.25 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's top competitors include UltraCash, SkippQ and Araetap.

RuCards operates through Crescent Business Solutions Private Limited.

The legal entities of RuCards currently have 2 directors, including Vineet Kumar Tewari, Zoheb Ahmed Patel.

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