About Tharpay
Tharpay is a Financial Services company based in Barmer (India) founded in 2019. It provides online money transfer and quick bill payment platforms for users. It operates on a B2B model. Its Indian entity Thar Business Solutions Private Limited reported revenue of ₹30.6 Lakh. Tharpay offers products and services including Money Transfer Services and Pay Bill Online. Its focus areas include FinTech, Payment Tech, Money Transfer and Online Services. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
Thar Business Solutions Operates A Digital Platform Focused On Electronic Money Transfer And Online Bill Payments. Users Can Access Services Like Logging In, Transferring Funds, And Paying Bills Quickly Through A Secure Interface. The System Includes Features For Password Recovery And Account Management. While Specific Locations Are Not Detailed, It Caters To Individuals And Merchants Seeking Efficient Financial Transactions.
- Headquarters Barmer, India
- SectorsFinancial Services
- Email••••••••
- Website tharpay.com
- Social Facebook Instagram YouTube
- Legal Name Thar Business Solutions Private Limited
- Date of Incorporation 26 Sep, 2019
- Jurisdiction Barmer, Rajasthan, India
- Annual Revenue₹30.6 Lakh
FY 2024 · -56% YoY
- Net Loss-₹4.3 Lakh
FY 2024 · -14% margin
- EBITDA₹1.8 Lakh
FY 2024 · 6% margin
Associated legal entities of Tharpay
Tharpay operates through Thar Business 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 |
|---|---|---|---|---|---|---|---|
| Thar Business Solutions Private Limited CIN U93090RJ2019PTC066434 | Active | 26 Sep 2019 | Barmer, Rajasthan | ₹0.3 Cr | 2 | View details |
Products & Services of Tharpay
Tharpay offers a comprehensive portfolio of products and services, including Money Transfer Services and Pay Bill Online.
Electronic platform for online money transfers between users.
System for quick and easy online bill payments digitally.
Apps and channels of Tharpay
Tharpay publishes 1 mobile app with over 10K+ downloads; its YouTube channel TharPay Official has 1.56K subscribers and 23 videos.
Videos from Tharpay
The most watched videos on Tharpay's YouTube channel, TharPay Official (1.56K subscribers). Click a video to play it here.
More on TharPay Official.
Board of directors of Thar Business Solutions Private Limited (Tharpay)
Thar Business Solutions Private Limited is the primary company behind Tharpay. The board of Thar Business Solutions Private Limited currently have 2 directors; the longest-serving is Devi Chand, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devi Chand DIN 08573210 | Director | 26 Sep 2019 | 7 yrs | Thar Business Solutions Private Limited |
| Hanumana Ram DIN 08573211 | Director | 26 Sep 2019 | 7 yrs | Thar Business Solutions Private Limited |
Financials of Tharpay
Figures of Thar Business Solutions Private Limited, the primary company behind Tharpay, for FY 2024. Revenue was ₹30.6 Lakh (-56% year on year). Net loss was -₹4.3 Lakh (-14% margin). EBITDA was ₹1.8 Lakh (6% margin). Revenue has grown at a compounded annual rate of -43% over three years.
- ₹30.6 LakhRevenue · FY 2024 · -56% YoY
- -₹4.3 LakhNet loss · -14% margin
- ₹1.8 LakhEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- -43%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Thar Business Solutions Private Limited are on its company page.
Detailed financial statements for Tharpay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Tharpay
Tharpay has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| 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. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of Tharpay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Tharpay (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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Frequently Asked Questions about Tharpay
Tharpay was founded in 2019.
Tharpay is headquartered in Barmer, India. It is registered at Barmer, Rajasthan, India.
The primary company behind Tharpay, Thar Business Solutions Private Limited, reported revenue of ₹30.6 Lakh for FY 2024, down 56% year on year.
Thar Business Solutions Operates A Digital Platform Focused On Electronic Money Transfer And Online Bill Payments. Users Can Access Services Like Logging In, Transferring Funds, And Paying Bills Quickly Through A Secure Interface. The System Includes Features For Password Recovery And Account Management. While Specific Locations Are Not Detailed, It Caters To Individuals And Merchants Seeking Efficient Financial Transactions.
Tharpay's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
Tharpay offers Money Transfer Services and Pay Bill Online.
Tharpay operates through Thar Business Solutions Private Limited.
The legal entities of Tharpay currently have 2 directors, including Devi Chand, Hanumana Ram.
Yes. Tharpay publishes TharPay - AEPS, BBPS & DMT, with over 10,000 downloads.