Toshani Digital

Thane, India Founded: 2015 • Age: 11 yrs
Provides financial APIs, verification services, and kiosk solutions for payments.

About Toshani Digital

Toshani Digital is a Financial Services company based in Thane (India) founded in 2015. It provides financial APIs, verification services, and kiosk solutions for payments. It operates on a B2B and D2C model. Its Indian entity Toshani Premium Digital Services Private Limited reported revenue of β‚Ή41.88 Cr. Toshani Digital offers products and services including Financial APIs, Verification APIs, AePS, and Kiosk ATM Services. Its focus areas include FinTech, Payment Tech, Digital Payments and API Services. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.

Company details

Toshani Digital is a technology-driven company offering digital payment, banking, and verification services through APIs and kiosks. It enables transactions like AePS, mobile recharges, and bill payments, serving merchants and customers across India. The company partners with channel partners to expand reach in rural and urban areas, focusing on secure and innovative financial solutions. Offices are located in Delhi, Gurgaon, Solan, and Thane, supporting a wide distribution network.

Key Metrics
  • Annual Revenue
    ₹41.88 Cr

    FY 2025 · +115% YoY

  • Net Profit
    ₹1.06 Cr

    FY 2025 · 3% margin

  • EBITDA
    ₹2.55 Cr

    FY 2025 · 6% margin

Products & Services of Toshani Digital

Toshani Digital offers a comprehensive portfolio of products and services, including Financial APIs, Verification APIs, AePS, and Kiosk ATM Services.

Financial APIs
Payment Platform

Enables financial transactions like recharges and bill payments.

Verification APIs
Identity Verification

Offers Aadhar and PAN verification for secure transactions.

AePS
Banking Service

Facilitates cash withdrawals and remittances via micro-ATMs.

Kiosk ATM Services
Self-Service Kiosk

Provides ATM and passbook printing for banking needs.

Board of directors of Toshani Premium Digital Services Private Limited (Toshani Digital)

Toshani Premium Digital Services Private Limited is the primary company behind Toshani Digital. The board of Toshani Premium Digital Services Private Limited currently have 3 directors; the longest-serving is Akash Kumar, appointed in 2021. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Akash Kumar
DIN 07243474
Director02 Mar 20215 yrs 8 moToshani Premium Digital Services Private Limited
Sanjay Sharma
DIN 10813622
Director29 Jan 20242 yrs 9 moToshani Premium Digital Services Private Limited
Vikas Hira
DIN 11248370
Director21 Mar 20251 yr 7 moToshani Premium Digital Services Private Limited

Financials of Toshani Digital

Figures of Toshani Premium Digital Services Private Limited, the primary company behind Toshani Digital, for FY 2025. Revenue was ₹41.88 Cr (+115% year on year). Net profit was ₹1.06 Cr (3% margin). EBITDA was ₹2.55 Cr (6% margin). Revenue has grown at a compounded annual rate of +140% over five years.

  • ₹41.88 CrRevenue · FY 2025 · +115% YoY
  • ₹1.06 CrNet profit · 3% margin
  • ₹2.55 CrEBITDA · 6% margin
  • ₹2.00 CrPaid-up capital
  • +140%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Toshani Premium Digital Services Private Limited are on its company page.

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Detailed financial statements for Toshani Digital

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Similar companies to Toshani Digital

Toshani Digital has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
razorpay.com2014Bengaluru, India$741.62M2,641
Payment and business banking solutions are provided for enterprises.
mintoak.com2017Mumbai, India$24.71M140
Digital payments and engagement solutions are offered for MSMEs.
pinelabs.com1998Noida, India$1.23B3,780
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Frequently Asked Questions about Toshani Digital

Toshani Digital was founded in 2015.

Toshani Digital is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.

The primary company behind Toshani Digital, Toshani Premium Digital Services Private Limited, reported revenue of β‚Ή41.88 Cr for FY 2025, up 115% year on year.

Toshani Digital is a technology-driven company offering digital payment, banking, and verification services through APIs and kiosks. It enables transactions like AePS, mobile recharges, and bill payments, serving merchants and customers across India. The company partners with channel partners to expand reach in rural and urban areas, focusing on secure and innovative financial solutions. Offices are located in Delhi, Gurgaon, Solan, and Thane, supporting a wide distribution network.

Toshani Digital's top competitors include Razorpay, Mintoak and Pine Labs.

Toshani Digital offers Financial APIs, Verification APIs, AePS, and Kiosk ATM Services.

Toshani Digital operates through Toshani Premium Digital Services Private Limited.

The legal entities of Toshani Digital currently have 3 directors, including Sanjay Sharma, Akash Kumar, Vikas Hira.

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