About TrulyPay
TrulyPay is a company based in Delhi (India) founded in 2020 by Himanshu Goyal. It operates as a B2B. TrulyPay operates in a competitive market with competitors including Pice, Digistore Pay, Edhara, BillAvenue and ALAMI INFOTECH, among others.
- Headquarter Delhi, India
- Founders Himanshu Goyal
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website trulyindia.co.in
- Legal Name Truly India Services Private Limited
- Date of Incorporation 19 Feb, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹3.36 Cr
FY 2025 · +1239% YoY
- Net Loss-₹1.8 Lakh
FY 2025 · -1% margin
- EBITDA-₹1.5 Lakh
FY 2025 · 0% margin
Associated legal entities of TrulyPay
TrulyPay operates through Truly India Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Truly India Services Private Limited CIN U64203DL2020PTC362115 | Active | 19 Feb 2020 | Delhi, Delhi | ₹3.4 Cr | – | 2 | View details |
Board of directors of Truly India Services Private Limited (TrulyPay)
Truly India Services Private Limited is the primary company behind TrulyPay. The board of Truly India Services Private Limited currently have 2 directors; the longest-serving is Ankita Goyal, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankita Goyal DIN 08704895 | Director | 19 Feb 2020 | 6 yrs 7 mo | Truly India Services Private Limited |
| Himanshu Goyal DIN 08704896 | Director | 19 Feb 2020 | 6 yrs 7 mo | Truly India Services Private Limited |
People of TrulyPay
1 people are tracked at TrulyPay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for TrulyPay
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Financials of TrulyPay
Figures of Truly India Services Private Limited, the primary company behind TrulyPay, for FY 2025. Revenue was ₹3.36 Cr (+1239% year on year). Net loss was -₹1.8 Lakh (-1% margin). EBITDA was -₹1.5 Lakh (0% margin). Revenue has grown at a compounded annual rate of +68% over three years and +3101% over five years.
- ₹3.36 CrRevenue · FY 2025 · +1239% YoY
- -₹1.8 LakhNet loss · -1% margin
- -₹1.5 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- +68%Revenue CAGR, 3 years
- +3101%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Truly India Services Private Limited are on its company page.
Detailed financial statements for TrulyPay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of TrulyPay
TrulyPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pice, Digistore Pay, Edhara, BillAvenue and ALAMI INFOTECH, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| piceapp.com | 2021 | Bengaluru, India | $8.3M | 51 | Bill payments and credit lines are provided for small businesses. | |
| digistorepay.com | 2020 | Kottayam, India | – | – | Bill payment solutions for businesses are provided via mobile platforms. | |
| edhara.in | 2022 | Ajmer, India | – | – | Provides B2B fintech solutions for bill payments and secure transactions. | |
| billavenue.com | 2017 | Mumbai, India | – | 633 | Unified interoperable platform for bill payments, recharges, and collections across India. | |
| alpays.in | 2024 | Chandigarh, India | – | – | Bill payment solutions are offered to individuals and businesses. | |
| paymanfintech.in | 2023 | Hyderabad, India | – | – | Provides online bill payment services for businesses. | |
| revopay.co.in | 2023 | Fatehgarh Sahib, India | – | – | Offers comprehensive bill payment solutions for various business sectors. | |
| starpe.co | 2023 | Hyderabad, India | – | – | Delivers a bill payment solution for businesses. |
Detailed competitors of TrulyPay
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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Similar companies to TrulyPay
10 companies that operate in the same segment as TrulyPay (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about TrulyPay
TrulyPay was founded in 2020.
TrulyPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind TrulyPay, Truly India Services Private Limited, reported revenue of ₹3.36 Cr for FY 2025, up 1239% year on year.
TrulyPay, founded in 2020 in Delhi, India, focuses on offering financial products and advice, providing payment solutions, bill payments, and digital payments. Provides comprehensive bill payment solutions for consumers and businesses to streamline financial transactions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
TrulyPay's top competitors include Pice, ALAMI INFOTECH and Digistore Pay.
TrulyPay operates through Truly India Services Private Limited.
The legal entities of TrulyPay currently have 2 directors, including Ankita Goyal, Himanshu Goyal.