About Waytm
Waytm was a Financial Services company based in Agra (India) founded in 2019 by Deepak Sharma and Akash Arora. Functions as an app-based mobile wallet for secure digital transactions. It operates on a B2C model. Its Indian entity Waytm Tele Services Private Limited reported revenue of ₹6.1 Lakh. The company is recorded as dissolved. Its focus areas include Fintech, Digital Payments and Mobile Wallets. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
Waytm, established in 2019, excels in offering financial products and advice, fintech, digital payments, and mobile wallets. Functions as an app-based mobile wallet for secure digital transactions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Agra, India
- Founders Deepak Sharma, Akash Arora
- SectorsFinancial Services
- Website waytm.info
- Legal Name Waytm Tele Services Private Limited
- Date of Incorporation 30 Dec, 2016
- Jurisdiction Agra, Uttar Pradesh, India
- Annual Revenue₹6.1 Lakh
FY 2020
- Net Loss-₹2.8 Lakh
FY 2020 · -46% margin
- EBITDA-₹2.4 Lakh
FY 2020 · -40% margin
Associated legal entities of Waytm
Waytm operates through Waytm Tele Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Waytm Tele Services Private Limited CIN U74999UP2016PTC088783 | Active | 30 Dec 2016 | Agra, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Board of directors of Waytm Tele Services Private Limited (Waytm)
Waytm Tele Services Private Limited is the primary company behind Waytm. The board of Waytm Tele Services Private Limited currently have 2 directors; the longest-serving is Rajesh Chhabra, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Chhabra DIN 07678737 | Director | 30 Dec 2016 | 9 yrs 10 mo | Waytm Tele Services Private Limited |
| Manish Chhabra DIN 07678710 | Director | 30 Dec 2016 | 9 yrs 10 mo | Waytm Tele Services Private Limited |
People of Waytm
2 people are tracked at Waytm (2 in leadership).
| Name | Role | Group |
|---|---|---|
Deepak Sharma | Founder | Leadership |
Akash Arora | Founder | Leadership |
Complete people profiles for Waytm
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Financials of Waytm
Figures of Waytm Tele Services Private Limited, the primary company behind Waytm, for FY 2020. Revenue was ₹6.1 Lakh. Net loss was -₹2.8 Lakh (-46% margin). EBITDA was -₹2.4 Lakh (-40% margin).
- ₹6.1 LakhRevenue · FY 2020
- -₹2.8 LakhNet loss · -46% margin
- -₹2.4 LakhEBITDA · -40% margin
- ₹5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Waytm Tele Services Private Limited are on its company page.
Detailed financial statements for Waytm
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Waytm
Waytm has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed similar companies of Waytm
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Top companies in Travel Fintech
3 companies that operate in the same segment as Waytm (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 4.26 M | 128 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Frequently Asked Questions about Waytm
Waytm was founded in 2019.
Waytm is headquartered in Agra, India. It is registered at Agra, Uttar Pradesh, India.
The primary company behind Waytm, Waytm Tele Services Private Limited, reported revenue of ₹6.1 Lakh for FY 2020.
Waytm, established in 2019, excels in offering financial products and advice, fintech, digital payments, and mobile wallets. Functions as an app-based mobile wallet for secure digital transactions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Waytm operates through Waytm Tele Services Private Limited.
The legal entities of Waytm currently have 2 directors, including Rajesh Chhabra, Manish Chhabra.