Speedpay Plus

Hyderabad, India Founded: 2014 • Age: 12 yrs
Online courses in English, Japanese, and Chinese are provided.

About Speedpay Plus

Speedpay Plus is a Financial Services company based in Hyderabad (India) founded in 2014. Online courses in English, Japanese, and Chinese are provided. Its Indian entity Pyro Networks Private Limited reported revenue of β‚Ή193 Cr. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Similar companies include MobiKwik, Paytm and PhonePe; 3 of its 3 listed similar companies have raised funding.

Company details

Speedpay Plus was established in 2014 in Hyderabad, India, within the online education sector. Language learning courses are offered, with emphasis on conversational skills in English, Japanese, and Chinese. Delivery occurs via a digital platform for accessible learning. Curriculum development is handled by language specialists. An online community is supported for learner engagement and assistance.

Key Metrics
  • Annual Revenue
    ₹193 Cr

    FY 2016 · +324% YoY

  • Net Profit
    ₹25.6 Lakh

    FY 2016 · 0% margin

  • EBITDA
    ₹1.15 Cr

    FY 2016 · 1% margin

Board of directors of Pyro Networks Private Limited (Speedpay Plus)

Pyro Networks Private Limited is the primary company behind Speedpay Plus. The board of Pyro Networks Private Limited currently have 2 directors; the longest-serving is Sodum Madduletti Reddy, appointed in 2012. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sodum Madduletti Reddy
DIN 01800525
Director05 Apr 201214 yrs 6 moPyro Networks Private Limited
Paritosh Reddy Thummalapally
DIN 07097941
Director18 Feb 201511 yrs 8 moPyro Networks Private Limited

Financials of Speedpay Plus

Figures of Pyro Networks Private Limited, the primary company behind Speedpay Plus, for FY 2016. Revenue was ₹193 Cr (+324% year on year). Net profit was ₹25.6 Lakh (0% margin). EBITDA was ₹1.15 Cr (1% margin).

  • ₹193 CrRevenue · FY 2016 · +324% YoY
  • ₹25.6 LakhNet profit · 0% margin
  • ₹1.15 CrEBITDA · 1% margin
  • ₹2.00 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Pyro Networks Private Limited are on its company page.

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Detailed financial statements for Speedpay Plus

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Similar companies to Speedpay Plus

Speedpay Plus has 3 listed similar companies in our database, 3 of them funded. They include MobiKwik, Paytm and PhonePe.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mobikwik.com2009Gurugram, India$283.54M698
Operator of platform for online mobile, DTH recharge, and bill payments
paytm.com2000Noida, India$2.81B14,760
Digital payments, financial services, and e-commerce platforms are provided.
phonepe.com2012Bengaluru, India$1.71B1,768
Payment, financial, investment, and lending services are provided digitally.
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Detailed similar companies of Speedpay Plus

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Web traffic of Speedpay Plus

Websites that share an audience with Speedpay Plus (speedpayplus.com).

Similar websites

Websites whose visitors overlap most with Speedpay Plus. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
oneindiasim.com
oneindiasim.com
100%
–
prepaid.onlinesbi.com
prepaid.onlinesbi.com
100%
–
icashcard.in
100%
View details
oxigenwallet.oximall.com
oxigenwallet.oximall.com
100%
–
evd.tatasky.com
evd.tatasky.com
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Speedpay Plus (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
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Related news about Speedpay Plus

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Frequently Asked Questions about Speedpay Plus

Speedpay Plus was founded in 2014.

Speedpay Plus is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind Speedpay Plus, Pyro Networks Private Limited, reported revenue of β‚Ή193 Cr for FY 2016, up 324% year on year.

Speedpay Plus was established in 2014 in Hyderabad, India, within the online education sector. Language learning courses are offered, with emphasis on conversational skills in English, Japanese, and Chinese. Delivery occurs via a digital platform for accessible learning. Curriculum development is handled by language specialists. An online community is supported for learner engagement and assistance.

Speedpay Plus's top competitors include Paytm, PhonePe and MobiKwik.

Speedpay Plus operates through Pyro Networks Private Limited.

The legal entities of Speedpay Plus currently have 2 directors, including Paritosh Reddy Thummalapally, Sodum Madduletti Reddy.

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