VPayQwik

Bengaluru, India Founded: 2016 • Age: 10 yrs
An app-based platform for mobile payments.

About VPayQwik

VPayQwik was a Financial Services company based in Bengaluru (India) founded in 2016 by Pankaj Kumar. An app-based platform for mobile payments. It operates on a B2C model. The company has 11 employees. Its Indian entity Msewa Software Solution Private Limited reported revenue of β‚Ή1.07 Cr. The company is recorded as dissolved. Its focus areas include Fintech, Payment Solutions and Mobile Payments. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.

Company details

VPayQwik, led by Pankaj Kumar as Founder, specializes in offering financial products and advice, fintech, providing payment solutions, and facilitating mobile payments. An app-based platform for mobile payments. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹1.07 Cr

    FY 2023 · -89% YoY

  • Net Loss
    -₹26.8 Lakh

    FY 2023 · -25% margin

  • EBITDA
    -₹9.6 Lakh

    FY 2023 · -9% margin

  • Employee Count
    11

Board of directors of Msewa Software Solution Private Limited (VPayQwik)

Msewa Software Solution Private Limited is the primary company behind VPayQwik. The board of Msewa Software Solution Private Limited currently have 2 directors; the longest-serving is Bahubali Charate, appointed in 2023. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bahubali Charate
DIN 10040697
Director11 Feb 20233 yrs 8 moMsewa Software Solution Private Limited
Amilineni Rajendra
DIN 10040698
Director11 Feb 20233 yrs 8 moMsewa Software Solution Private Limited

People of VPayQwik

1 people are tracked at VPayQwik (1 in leadership); the tracked headcount is 11.

NameRoleGroup
FounderLeadership
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Financials of VPayQwik

Figures of Msewa Software Solution Private Limited, the primary company behind VPayQwik, for FY 2023. Revenue was ₹1.07 Cr (-89% year on year). Net loss was -₹26.8 Lakh (-25% margin). EBITDA was -₹9.6 Lakh (-9% margin). Revenue has grown at a compounded annual rate of -33% over three years and -18% over five years.

  • ₹1.07 CrRevenue · FY 2023 · -89% YoY
  • -₹26.8 LakhNet loss · -25% margin
  • -₹9.6 LakhEBITDA · -9% margin
  • ₹1 LakhPaid-up capital
  • 11Employees (provident fund records)
  • -33%Revenue CAGR, 3 years
  • -18%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Msewa Software Solution Private Limited are on its company page.

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Detailed financial statements for VPayQwik

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Similar companies to VPayQwik

VPayQwik has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
phonepe.com2012Bengaluru, India$1.71B1,768
Payment, financial, investment, and lending services are provided digitally.
mobikwik.com2009Gurugram, India$283.54M698
Operator of platform for online mobile, DTH recharge, and bill payments
paytm.com2000Noida, India$2.81B14,760
Digital payments, financial services, and e-commerce platforms are provided.
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Detailed similar companies of VPayQwik

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Top companies in Travel Fintech

3 companies that operate in the same segment as VPayQwik (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 Vpayqwik

MSS Payments Achieves ISO 27001 Certification
Prnewswire β€’ 7 years ago
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Frequently Asked Questions about VPayQwik

VPayQwik was founded in 2016.

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

VPayQwik has 11 employees.

The primary company behind VPayQwik, Msewa Software Solution Private Limited, reported revenue of β‚Ή1.07 Cr for FY 2023, down 89% year on year.

VPayQwik, led by Pankaj Kumar as Founder, specializes in offering financial products and advice, fintech, providing payment solutions, and facilitating mobile payments. An app-based platform for mobile payments. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

VPayQwik's top competitors include Paytm, PhonePe and MobiKwik.

VPayQwik operates through Msewa Software Solution Private Limited.

The legal entities of VPayQwik currently have 2 directors, including Bahubali Charate, Amilineni Rajendra.

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