About Vayak Technologies
Vayak Technologies is a company based in Ahmedabad (India). It operates as a B2B and SaaS. Vayak Technologies offers products and services including Co-operative Society Software, Mobile App for Recharge, Vayak Members Mobile App, Vayak Staff Care Mobile App, and Agent Collection System. Vayak Technologies operates in a competitive market with competitors including OneLoad, Eko, Bharat Housing Network, Opareta and Findi, among others.
- Headquarter Ahmedabad, India
- SectorsFinancial ServicesTechnology
- Website vayak.net
- Social X
- Legal Name Vayak Private Limited
- Date of Incorporation 26 Jul, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.02 Cr
FY 2022 · +28% YoY
- Net Profit₹2.9 Lakh
FY 2022 · 3% margin
- EBITDA₹4.1 Lakh
FY 2022 · 4% margin
Associated legal entities of Vayak Technologies
Vayak Technologies operates through Vayak Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vayak Private Limited CIN U72900GJ2017PTC098450 | Active | 26 Jul 2017 | Ahmedabad, Gujarat | ₹1.0 Cr | – | 4 | View details |
Products & Services of Vayak Technologies
Vayak Technologies offers a comprehensive portfolio of products and services, including Co-operative Society Software, Mobile App for Recharge, Vayak Members Mobile App, Vayak Staff Care Mobile App, and Agent Collection System.
Manages member details, loans, and financial accounting for societies.
Handles recharges, bill payments, and money transfers for users.
Allows members to view accounts and perform transactions securely.
Enables field staff tracking and reporting for operational efficiency.
Facilitates mobile-based collections and commission calculations.
Board of directors of Vayak Private Limited (Vayak Technologies)
Vayak Private Limited is the primary company behind Vayak Technologies. The board of Vayak Private Limited currently have 4 directors; the longest-serving is Devang Vayak Nathabhai, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devang Vayak Nathabhai DIN 07857517 | Director | 26 Jul 2017 | 9 yrs 2 mo | Vayak Private Limited |
| Nileshbhai Nathalal Vayak DIN 07857829 | Director | 26 Jul 2017 | 9 yrs 2 mo | Vayak Private Limited |
| Shantaben Nathabhai Vayak DIN 07857920 | Director | 26 Jul 2017 | 9 yrs 2 mo | Vayak Private Limited |
| Nathabhai Virabhai Vayak DIN 07858853 | Director | 26 Jul 2017 | 9 yrs 2 mo | Vayak Private Limited |
Financials of Vayak Technologies
Figures of Vayak Private Limited, the primary company behind Vayak Technologies, for FY 2022. Revenue was ₹1.02 Cr (+28% year on year). Net profit was ₹2.9 Lakh (3% margin). EBITDA was ₹4.1 Lakh (4% margin). Revenue has grown at a compounded annual rate of +20% over three years.
- ₹1.02 CrRevenue · FY 2022 · +28% YoY
- ₹2.9 LakhNet profit · 3% margin
- ₹4.1 LakhEBITDA · 4% margin
- ₹2 LakhPaid-up capital
- +20%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vayak Private Limited are on its company page.
Detailed financial statements for Vayak Technologies
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 Vayak Technologies
Vayak Technologies 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 OneLoad, Eko, Bharat Housing Network, Opareta and Findi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oneloadpk.com | 2013 | Lahore, Pakistan | $11M | – | App-based platform for unbanked financial services is developed. | |
| eko.in | 2006 | Gurugram, India | $12.32M | 36 | Provider of financial service APIs and white-label portal solutions | |
| bharathousingnetwork.com | 2020 | Bengaluru, India | $15.01M | 58 | Provider of co-lending platform connecting housing finance companies with capital and technology. | |
| opareta.com | 2019 | Uganda | – | – | Provider of agent-based lending and money management solutions | |
| findi.co | 1992 | Melbourne, Australia | – | 500 | Provider of digital payment and ATM services | |
| nomanini.com | 2011 | Cape Town, South Africa | $8.75M | – | Financial inclusion solutions are provided for banks and informal merchants. | |
| tappmoney.com | 2013 | Melbourne, Australia | $9M | – | App-based correspondent banking solution | |
| mahagram.in | 2015 | Thane, India | – | 43 | Provides API-based corresponding banking solutions. | |
| redcloudtechnology.com | 2014 | London, United Kingdom | – | – | RedCloud is recognized as a digital trading platform for FMCG inventory. |
Detailed competitors of Vayak Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vayak Technologies
The website of Vayak Technologies (vayak.net) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 687.6% vs previous month
Similar companies to Vayak Technologies
10 companies that operate in the same segment as Vayak Technologies (Consumer and SME Loans), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Synchrony is engaged in providing credit cards and banking services. | 1993 | Salem, United States | USD 25 M | USD 19.12 B | 20,000 | |
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | – | USD 1.9 B | 36,520 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Household and business loans are provided with risk management support. | 2006 | Chennai, Tamil Nadu, India | USD 283.47 M | USD 288.73 M | 1,100 | |
Online gold, home, personal, and business loans are provided. | 1995 | Mumbai, Maharashtra, India | – | USD 1.38 B | 38,720 | |
An online lending platform for point-of-sale financing is provided. | 2013 | Bengaluru, Karnataka, India | USD 205.92 M | USD 3.93 M | 499 | |
Housing loans are extended to middle-income households in India. | 2010 | Gurugram, Haryana, India | USD 111.02 M | USD 162.86 M | 3,820 |
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Frequently Asked Questions about Vayak Technologies
Vayak Technologies is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Vayak Technologies, Vayak Private Limited, reported revenue of ₹1.02 Cr for FY 2022, up 28% year on year.
Vayak Software develops tools for co-operative societies, including modules for member details, shares, loans, recovery, and financial accounting. It enables efficient operations through mobile apps for agents and members, handling collections, transactions, and reporting. Serving clients like credit societies and NGOs, it supports customizable schemes and interest calculations for better financial oversight.
Vayak Technologies offers Co-operative Society Software, Mobile App for Recharge, Vayak Members Mobile App, Vayak Staff Care Mobile App, and Agent Collection System.
Vayak Technologies operates through Vayak Private Limited.
The legal entities of Vayak Technologies currently have 4 directors, including Devang Vayak Nathabhai, Nileshbhai Nathalal Vayak, Shantaben Nathabhai Vayak and others.