About SahiPay
SahiPay is a Financial Services company based in Gurugram (India) founded in 2015. Payment acceptance solutions are provided for businesses via digital methods. The company has 373 employees. Its chief executive, as recorded, is Vishal Jain. Its focus areas include FinTech, Payments, Business Payments and Agent Based Payments. Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
SahiPay was established in 2015 in Gurugram, India, within the fintech sector. Solutions for payment acceptance are delivered to businesses, facilitating consumer transactions through UPI, QR codes, NFC, Aadhaar cards, and banking cards. Services also cover bill payments, DTH and mobile recharges, travel bookings, EMI collections, and banking functions, supporting various operational needs.
- Headquarters Gurugram, India
- Employees 373
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website sahipay.com
- Social X Facebook
- Annual Revenue$18.93 M (USD)54as on Mar 31, 2022
- Net Profit-$1.05 M (USD)-2025as on Mar 31, 2022
- EBITDA-$243.96 K (USD)-119as on Mar 31, 2022
- Employee Count373
Associated legal entities of SahiPay
SahiPay is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Manipal Technologies Limited CIN U22219KA2000PLC026222 | Active | 13 Jan 2000 | Udupi, Karnataka | ₹2,336 Cr | 1,792 | 11 | View details |
| Manipal Business Solutions Private Limited CIN U72200KA2009PTC050532 | Active | 31 Jul 2009 | Manipal, Karnataka | ₹172 Cr | 348 | 7 | View details |
Board of directors of SahiPay
The boards of the 2 registered companies of SahiPay currently have 10 directors; the longest-serving is Tonse Satish Upendra Pai, appointed in 2000. 39 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tonse Satish Upendra Pai DIN 00104361 | Director | 13 Jan 2000 | 26 yrs 9 mo | Manipal Technologies Limited |
| Tonse Gautham Pai DIN 00120314 | Whole-time director | 29 Jul 2003 | 23 yrs 2 mo | Manipal Technologies Limited |
| Tonse Sachin Pai DIN 00795780 | Director | 16 Apr 2004 | 22 yrs 6 mo | Manipal Technologies Limited |
| Tekkar Yashwanth Prabhu DIN 02113527 | Director | 07 Mar 2012 | 14 yrs 7 mo | Manipal Business Solutions Private Limited |
| Abhay Anant Gupte DIN 00389288 | CEO | 12 Aug 2013 | 13 yrs 2 mo | Manipal Technologies Limited, Manipal Business Solutions Private Limited |
| Prabhakara Dayananda Kamath DIN 00935434 | Director | 01 Jul 2018 | 8 yrs 3 mo | Manipal Technologies Limited |
| Anand Kudigrama DIN 07220100 | Director | 24 Aug 2020 | 6 yrs 1 mo | Manipal Business Solutions Private Limited |
| Padmaja Shailen Ruparel DIN 01383513 | Director | 30 Jan 2023 | 3 yrs 8 mo | Manipal Technologies Limited, Manipal Business Solutions Private Limited |
| Sujir Prabhakar DIN 02577488 | Director | 18 Mar 2024 | 2 yrs 7 mo | Manipal Technologies Limited |
| Sagar Mukhopadhyay DIN 03037722 | Additional Director | 11 Sep 2025 | 1 yr 1 mo | Manipal Technologies Limited |
People of SahiPay
2 people are tracked at SahiPay (2 in leadership); the tracked headcount is 373.
| Name | Role | Group |
|---|---|---|
Vishal Jain | Co-CEO | Leadership |
| CEO & Managing Director | Leadership |
Complete people profiles for SahiPay
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Financials of SahiPay
Figures of Manipal Technologies Limited, the primary company behind SahiPay, for FY 2024. Revenue was ₹2,336 Cr (+26% year on year). Net profit was ₹240 Cr (10% margin). EBITDA was ₹444 Cr (19% margin). Revenue has grown at a compounded annual rate of +29% over three years and +11% over five years.
- ₹2,336 CrRevenue · FY 2024 · +26% YoY
- ₹240 CrNet profit · 10% margin
- ₹444 CrEBITDA · 19% margin
- ₹315 CrPaid-up capital
- 1,792Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Manipal Technologies Limited are on its company page.
Detailed financial statements for SahiPay
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Competitors of SahiPay
SahiPay has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of SahiPay
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Web traffic of SahiPay
The website of SahiPay (sahipay.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 469.1% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as SahiPay (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Sahipay
Complete news archive for SahiPay
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Frequently Asked Questions about SahiPay
SahiPay was founded in 2015.
SahiPay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vishal Jain is the CEO of SahiPay, as recorded in our data.
SahiPay has 373 employees.
Annual revenue of SahiPay is $18.93M as on Mar 31, 2022.
SahiPay was established in 2015 in Gurugram, India, within the fintech sector. Solutions for payment acceptance are delivered to businesses, facilitating consumer transactions through UPI, QR codes, NFC, Aadhaar cards, and banking cards. Services also cover bill payments, DTH and mobile recharges, travel bookings, EMI collections, and banking functions, supporting various operational needs.
SahiPay's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
SahiPay is associated with 2 legal entities: Manipal Technologies Limited, Manipal Business Solutions Private Limited.
The legal entities of SahiPay currently have 15 directors, including Sujir Prabhakar, Padmaja Shailen Ruparel, Tonse Gautham Pai and others.