UltraCash

Bengaluru, India Founded: 2014 • Age: 12 yrs
Mobile app for phone payments at merchants without wallets or internet.

About UltraCash

UltraCash is a Financial Services company based in Bengaluru (India) founded in 2014 by Umesh Singhal and Vishal Lal. Mobile app for phone payments at merchants without wallets or internet. It operates on a B2C and D2C model. The company has 10 employees. Its Indian entity Ultracash Technologies Private Limited reported revenue of β‚Ή12.52 Cr. UltraCash offers products and services including Ultracash App and Bill Payment Service. Its focus areas include FinTech, Payments, Mobile Payments and Contactless. Its competitors include Ezetap, Innoviti and QueueBuster; 3 of its 3 listed competitors have raised funding.

Company details

Ultracash is a mobile payment application that enables users to make transactions using their phones at various merchants, handling credits, discounts, and bills securely. It eliminates the need for wallets and supports methods like credit cards and net banking. Based in Bangalore, India, it serves consumers for everyday activities such as shopping, cab fares, and mobile recharges, offering fast and reliable services without requiring an internet connection.

  • Headquarters Bengaluru, India
  • Employees 10
  • Founders Umesh Singhal, Vishal Lal
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website m.ultracash.com
  • Social X Facebook
  • Legal Name Ultracash Technologies Private Limited
  • Date of Incorporation 24 Nov, 2014
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹12.52 Cr

    FY 2025 · +52% YoY

  • Net Profit
    ₹26 Lakh

    FY 2025 · 2% margin

  • EBITDA
    ₹32.6 Lakh

    FY 2025 · 3% margin

  • Employee Count
    10

Products & Services of UltraCash

UltraCash offers a comprehensive portfolio of products and services, including Ultracash App and Bill Payment Service.

Ultracash App
Mobile Payment Platform

Enables phone-based payments at merchants without internet.

Bill Payment Service
Financial Utility

Facilitates mobile recharges and bill payments securely.

Apps and channels of UltraCash

UltraCash publishes 1 mobile app with over 1M+ downloads.

Money Transfer, BHIM UPI
Google Play Shopping Everyone Free 1M+ downloads
Developer: UltraCash
View on Google Play

Board of directors of Ultracash Technologies Private Limited (UltraCash)

Ultracash Technologies Private Limited is the primary company behind UltraCash. The board of Ultracash Technologies Private Limited currently have 2 directors; the longest-serving is Umesh Chandra Singhal, appointed in 2014.

DirectorDesignationAppointedTenureEntity
Umesh Chandra Singhal
DIN 01686970
Director24 Nov 201411 yrs 11 moUltracash Technologies Private Limited
Vishal Lal
DIN 01852645
Director24 Nov 201411 yrs 11 moUltracash Technologies Private Limited

People of UltraCash

2 people are tracked at UltraCash (2 in leadership); the tracked headcount is 10.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of UltraCash

Figures of Ultracash Technologies Private Limited, the primary company behind UltraCash, for FY 2025. Revenue was ₹12.52 Cr (+52% year on year). Net profit was ₹26 Lakh (2% margin). EBITDA was ₹32.6 Lakh (3% margin). Revenue has grown at a compounded annual rate of +16% over three years and +76% over five years.

  • ₹12.52 CrRevenue · FY 2025 · +52% YoY
  • ₹26 LakhNet profit · 2% margin
  • ₹32.6 LakhEBITDA · 3% margin
  • ₹1 LakhPaid-up capital
  • 10Employees (provident fund records)
  • +16%Revenue CAGR, 3 years
  • +76%Revenue CAGR, 5 years

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

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Detailed financial statements for UltraCash

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Competitors of UltraCash

UltraCash has 3 listed competitors in our database, 3 of them funded. They include Ezetap, Innoviti and QueueBuster.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ezetap.com2011Bengaluru, India$66.4M532
Cloud-based mPOS software and hardware solutions are provided for businesses.
innoviti.com2002Bengaluru, India$141.01M198
Integrated online and offline payment solutions are provided for businesses.
queuebuster.co2016Noida, India$8.1M92
All-in-one POS and business management system is provided.
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Detailed competitors of UltraCash

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Web traffic of UltraCash

The website of UltraCash (ultracash.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 86.6% vs previous month

Top companies in Travel Fintech

3 companies that operate in the same segment as UltraCash (Travel Fintech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payment services via UPI, cards, and wallets.
2019Bengaluru, Karnataka, IndiaUSD 8.7974
Provides an app-based platform for group expense sharing and bill splitting.
2015Bengaluru, Karnataka, IndiaUSD 2.47 M177
Offers agent-based solutions for secure payment processing.
2015Ludhiana, Punjab, India
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Related news about Ultracash

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Frequently Asked Questions about UltraCash

UltraCash was founded in 2014.

UltraCash is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

UltraCash has 10 employees.

The primary company behind UltraCash, Ultracash Technologies Private Limited, reported revenue of β‚Ή12.52 Cr for FY 2025, up 52% year on year.

Ultracash is a mobile payment application that enables users to make transactions using their phones at various merchants, handling credits, discounts, and bills securely. It eliminates the need for wallets and supports methods like credit cards and net banking. Based in Bangalore, India, it serves consumers for everyday activities such as shopping, cab fares, and mobile recharges, offering fast and reliable services without requiring an internet connection.

UltraCash's top competitors include Ezetap, Innoviti and QueueBuster.

UltraCash offers Ultracash App and Bill Payment Service.

UltraCash operates through Ultracash Technologies Private Limited.

The legal entities of UltraCash currently have 2 directors, including Umesh Chandra Singhal, Vishal Lal.

Yes. UltraCash publishes Money Transfer, BHIM UPI, with over 1 million downloads.

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