About Zero Mass
Zero Mass is a company based in Mumbai (India) founded in 2007 by Lokanath Panda was acquired by BLS International in June 2022. The company has 561 employees. Zero Mass offers products and services including Banking Correspondent Services, Domestic Remittances, and Micro Insurance. Zero Mass operates in a competitive market with competitors including ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
- Headquarter Mumbai, India
- Employees 561
- Founders Lokanath Panda
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website zeromass.in
- Acquired by BLS International (Jun 2022)
- Legal Name Zero Mass Private Limited
- Date of Incorporation 20 Mar, 2007
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹214 Cr
FY 2025 · +6% YoY
- Net Profit₹21.90 Cr
FY 2025 · 10% margin
- EBITDA₹33.78 Cr
FY 2025 · 16% margin
- Investors
- Employee Count561
- Acquired byBLS International
(Jun 2022)
Associated legal entities of Zero Mass
Zero Mass operates through Zero Mass 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 |
|---|---|---|---|---|---|---|---|
| Zero Mass Private Limited CIN U66120MH2007PTC168756 | Active | 20 Mar 2007 | Thane, Maharashtra | ₹214 Cr | 561 | 4 | View details |
Products & Services of Zero Mass
Zero Mass offers a comprehensive portfolio of products and services, including Banking Correspondent Services, Domestic Remittances, and Micro Insurance.
Facilitates banking access and account creation for rural users
Enables secure money transfers for underprivileged communities
Offers affordable insurance products for low-income individuals
Investors in Zero Mass
Zero Mass has secured backing from 1 investor. Prominent investors backing the company include BLS International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Visa, passport, and consular outsourcing services are provided globally. | 2005 | blsinternational.com | Delhi, India |
Investor details for Zero Mass
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zero Mass Private Limited (Zero Mass)
Zero Mass Private Limited is the primary company behind Zero Mass. The board of Zero Mass Private Limited currently have 4 directors; the longest-serving is Lokanath Panda, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lokanath Panda DIN 00784736 | Whole-time director | 20 Mar 2007 | 19 yrs 6 mo | Zero Mass Private Limited |
| Dinesh Sharma DIN 00956860 | Director | 08 Jun 2022 | 4 yrs 4 mo | Zero Mass Private Limited |
| Shivani Mishra DIN 07221507 | Director | 08 Jun 2022 | 4 yrs 4 mo | Zero Mass Private Limited |
| Ram Prakash Bajpai DIN 07198693 | Director | 10 Mar 2023 | 3 yrs 7 mo | Zero Mass Private Limited |
People of Zero Mass
1 people are tracked at Zero Mass (1 in leadership); the tracked headcount is 561.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Zero Mass
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Zero Mass
Figures of Zero Mass Private Limited, the primary company behind Zero Mass, for FY 2025. Revenue was ₹214 Cr (+6% year on year). Net profit was ₹21.90 Cr (10% margin). EBITDA was ₹33.78 Cr (16% margin). Revenue has grown at a compounded annual rate of +10% over three years and +10% over five years.
- ₹214 CrRevenue · FY 2025 · +6% YoY
- ₹21.90 CrNet profit · 10% margin
- ₹33.78 CrEBITDA · 16% margin
- ₹0.10 CrPaid-up capital
- 561Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zero Mass Private Limited are on its company page.
Detailed financial statements for Zero Mass
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.
Timeline of Zero Mass
2 dated milestones of Zero Mass across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Zero Mass is founded.
- Exit Acquired by BLS International.
Competitors of Zero Mass
Zero Mass 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 ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| esafbank.com | 1992 | Thrissur, India | $111.83M | 6,194 | Microfinance banking services are offered in India by ESAF. | |
| satincreditcare.com | 1990 | Delhi, India | $41.25M | 15,350 | Micro loans for businesses are offered by this NBFC. | |
| fincarebank.com | 2007 | Bengaluru, India | $174.84M | 12,894 | Micro-finance bank | |
| bfil.co.in | 1997 | Secunderabad, India | $144.02M | 87,000 | Provider of micro-credit & insurance for low income income individuals and women | |
| svatantramicrofin.com | 2012 | Mumbai, India | $232.92M | 12,482 | Microcredit services are provided to rural women for financial inclusion. | |
| chaitanyaindia.in | 2004 | Bengaluru, India | $13.09M | 11,594 | Micro-credit financing is provided to low-income individuals and businesses. | |
| muthootmicrofin.com | 2010 | Ernakulam, India | $138.19M | 17,665 | Microfinance loans are extended to low-income women entrepreneurs. | |
| spandanaindia.com | 2003 | Hyderabad, India | $192M | 18,646 | Microfinance loans are extended to low-income households for various needs. | |
| asirvadmicrofinance.co.in | 2009 | Chennai, India | $1.75M | 32,159 | Micro loans for consumers are provided by Asirvad Microfinance. | |
| creditaccessgrameen.in | 1999 | Bengaluru, India | $28.5M | 19,395 | Provider of microcredit services |
Detailed competitors of Zero Mass
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 Zero Mass
The website of Zero Mass (zeromass.in) receives about 29.1K visits a month.
- Monthly visits29.1K
▲ 163.7% vs previous month
Latest news on Zero Mass
Complete news archive for Zero Mass
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Zero Mass
10 companies that operate in the same segment as Zero Mass (Microfinance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 111.83 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 41.25 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | – | USD 71.68 M | 12,403 | |
Provider of micro-credit & insurance for low income income individuals and women | 1997 | Secunderabad, Telangana, India | USD 144.02 M | USD 208.71 M | 38,310 | |
Microfinance loans are extended to low-income women entrepreneurs. | 2010 | Ernakulam, Kerala, India | USD 138.19 M | USD 251.96 M | 10,650 | |
Micro loans for consumers are provided by Asirvad Microfinance. | 2009 | Chennai, Tamil Nadu, India | USD 1.75 M | USD 94.88 M | 16,309 | |
Microfinance and banking services are provided to urban poor communities. | 2005 | Bengaluru, Karnataka, India | USD 238.31 M | USD 857.24 M | 24,370 | |
Microcredit services are provided to rural women for financial inclusion. | 2012 | Mumbai, Maharashtra, India | USD 232.92 M | USD 49.44 M | 10,779 | |
Avanti Finance is focused on providing affordable financial services. | 2016 | Bengaluru, Karnataka, India | USD 79.74 M | USD 13.6 M | 87 | |
Microfinance services offering loans to low-income households in India. | 1999 | Bengaluru, Karnataka, India | – | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Zero Mass
Zero Mass was founded in 2007.
Zero Mass is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Zero Mass has 561 employees.
The primary company behind Zero Mass, Zero Mass Private Limited, reported revenue of ₹214 Cr for FY 2025, up 6% year on year.
Zero Mass was established in 2007 in Mumbai, India, by co-founder Lokanath Panda. Operations focus on the financial inclusion sector, where microfinance loans and savings accounts are offered without interest or fees to low-income groups. Services are delivered through community-based models, emphasizing accessibility in urban and rural areas of India. The company maintains a presence via its domain zeromass.in, supporting basic financial needs for unbanked populations.
Zero Mass's top competitors include ESAF, Satin Creditcare and Bharat Financial Inclusion.
Zero Mass offers Banking Correspondent Services, Domestic Remittances, and Micro Insurance.
Zero Mass has 1 investor. Key investors include BLS International.
Zero Mass operates through Zero Mass Private Limited.
Yes. Zero Mass was acquired by BLS International in June 2022.
The legal entities of Zero Mass currently have 4 directors, including Dinesh Sharma, Shivani Mishra, Ram Prakash Bajpai and others.