About Smart Paisa Wallet
Smart Paisa Wallet was a Financial Services company based in Delhi (India) founded in 2008 by Praveen Kumar Dhabhai. Smart Paisa Wallet offers an integrated mobile wallet for seamless financial transactions. It operates on a B2C model. Its Indian entity Smart Payment Solutions Private Limited reported revenue of ₹1.56 Cr. The company is recorded as dissolved. Its focus areas include Fintech, Digital Payments and Mobile Wallets. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Smart Paisa Wallet, based in Delhi, focuses on offering financial products and advice, fintech, digital payments, and mobile wallets. Smart Paisa Wallet offers an integrated mobile wallet for seamless financial transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Delhi, India
- Founders Praveen Kumar Dhabhai
- SectorsFinancial Services
- Website mysmartpaisa.in
- Social Facebook
- Legal Name Smart Payment Solutions Private Limited
- Date of Incorporation 29 Apr, 2008
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹1.56 Cr
FY 2024 · +28% YoY
- Net Profit₹41.8 Lakh
FY 2024
- EBITDA₹25.8 Lakh
FY 2024 · 17% margin
Associated legal entities of Smart Paisa Wallet
Smart Paisa Wallet operates through Smart Payment Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smart Payment Solutions Private Limited CIN U74140HR2008PTC102275 | Active | 29 Apr 2008 | Gurgaon, Haryana | ₹1.6 Cr | 5 | View details |
Board of directors of Smart Payment Solutions Private Limited (Smart Paisa Wallet)
Smart Payment Solutions Private Limited is the primary company behind Smart Paisa Wallet. The board of Smart Payment Solutions Private Limited currently have 5 directors; the longest-serving is Naresh Mangal, appointed in 2008. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naresh Mangal DIN 02157009 | Director | 29 Apr 2008 | 18 yrs 6 mo | Smart Payment Solutions Private Limited |
| Sujit Lahiry DIN 01175923 | Director | 05 Mar 2010 | 16 yrs 8 mo | Smart Payment Solutions Private Limited |
| Praveen Kumar Dhabhai DIN 00369305 | Director | 05 Mar 2010 | 16 yrs 8 mo | Smart Payment Solutions Private Limited |
| Sunil Kulkarni DIN 02714177 | Additional Director | 09 Jan 2026 | 10 mo | Smart Payment Solutions Private Limited |
| Uma Shankar Paliwal DIN 06907963 | Additional Director | 09 Jan 2026 | 10 mo | Smart Payment Solutions Private Limited |
People of Smart Paisa Wallet
1 people are tracked at Smart Paisa Wallet (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Director | Leadership |
Complete people profiles for Smart Paisa Wallet
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Financials of Smart Paisa Wallet
Figures of Smart Payment Solutions Private Limited, the primary company behind Smart Paisa Wallet, for FY 2024. Revenue was ₹1.56 Cr (+28% year on year). Net profit was ₹41.8 Lakh. EBITDA was ₹25.8 Lakh (17% margin). Revenue has grown at a compounded annual rate of +5% over three years and +6% over five years.
- ₹1.56 CrRevenue · FY 2024 · +28% YoY
- ₹41.8 LakhNet profit
- ₹25.8 LakhEBITDA · 17% margin
- ₹4.00 CrPaid-up capital
- +5%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Smart Payment Solutions Private Limited are on its company page.
Detailed financial statements for Smart Paisa Wallet
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Similar companies to Smart Paisa Wallet
Smart Paisa Wallet 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 Smart Paisa Wallet
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Top companies in Travel Fintech
3 companies that operate in the same segment as Smart Paisa Wallet (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 4.26 M | 128 | ||
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 Smart Paisa Wallet
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Frequently Asked Questions about Smart Paisa Wallet
Smart Paisa Wallet was founded in 2008.
Smart Paisa Wallet is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Smart Paisa Wallet, Smart Payment Solutions Private Limited, reported revenue of ₹1.56 Cr for FY 2024, up 28% year on year.
Smart Paisa Wallet, based in Delhi, focuses on offering financial products and advice, fintech, digital payments, and mobile wallets. Smart Paisa Wallet offers an integrated mobile wallet for seamless financial transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Smart Paisa Wallet operates through Smart Payment Solutions Private Limited.
The legal entities of Smart Paisa Wallet currently have 5 directors, including Sujit Lahiry, Naresh Mangal, Praveen Kumar Dhabhai and others.