About Better World Technology Private Limited
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Better World Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Eta Investments Holdings Pte. Ltd.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 13 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC221931.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹16.74 Cr. It was formerly known as Talk.To Software Services Private Limited. It is led by directors Shashank Mehrotra and Sivaram Kowta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹604.88 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹53.55 Cr (net margin 8.9%) and EBITDA of ₹82.68 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 37% over five years.
The company has about 1,206 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zeta. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹103.27 Cr; the latest was in July 2020. Its 6 peer companies in the BFSI industry (Payment Solution Providers), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 4 smaller; the largest is My Mobile Payments Limited with revenue of ₹680.09 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 303 overdue payments to 43 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zeta.in.
Company details
CIN history
Better World Technology has one previous CIN (Corporate Identification Number): U72300MH2011PTC221931. The current CIN is U74999MH2011PTC221931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2011PTC221931 | Current |
| U72300MH2011PTC221931 | Previous |
Contact details
Better World Technology Private Limited's registered office is in Mumbai, Maharashtra. Its website is zeta.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address601 602 6th Floor Bldg No. 3 IT Park Off, Western Express Highway Next To Hub Mall Nesco, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Better World Technology Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Better World Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Better World Technology Private Limited, buy the company report.
Financials of Better World Technology Private Limited
FY 2025 filings availableBetter World Technology Private Limited reported revenue of ₹604.88 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 46% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹82.68 Cr | ||||
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| Net Profit (PAT) | ₹53.55 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Better World Technology Private Limited, buy the company report.
Board of directors of Better World Technology Private Limited
Better World Technology has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Mehrotra | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
| Sivaram Kowta | Director | 23 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Better World Technology Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Mobile Payments Limited | ₹680.09 Cr (FY 2017) | -31.0% | Mumbai, Maharashtra, India | |||
| My Pay Store Private Limited | ₹658.92 Cr (FY 2025) | 125.0% | Gondal, Gujarat, India | |||
| Better World Technology Private Limitedthis company | ₹604.88 Cr (FY 2025) | ₹53.55 Cr | 8.9% | -33.0% | 1,206 | Mumbai, Maharashtra, India |
| Aashi Connect Private Limited | ₹576.1 Cr (FY 2025) | 4.0% | Katni, Madhya Pradesh, India | |||
| Mindsarray Network Private Limited | ₹555.1 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Juspay Technologies Private Limited | ₹539.52 Cr (FY 2025) | 55.0% | Bengaluru, Karnataka, India | |||
| TFC Digital Private Limited | ₹514.34 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Better World Technology Private Limited, buy the company report.
Auditor
Better World Technology Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W |
Shareholding
The shareholding of Better World Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Better World Technology Private Limited, buy the company report.
Deals & funding
Better World Technology Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹103.27 Cr; the latest was in July 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Better World Technology Holdings Seller: Direct Trading Company Private Limited |
| May 2016 | Funding round | ₹43.47 Cr | Investors: Direct Trading Company Private Limited |
| Jan 2016 | Funding round | ₹11.34 Cr | Investors: Direct Trading Company Private Limited |
| Aug 2015 | Rights issue | ₹12.53 Cr | Investors: Direct Trading Company Private Limited , Essentialentropy Technology LLP , an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Direct Trading Company Private Limited , Essentialentropy Technology LLP , 2 individuals Seller: 2 individuals |
To see the full deal history of Better World Technology Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Better World Technology Private Limited has 2 court cases on record: 2 filed by Better World Technology. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Better World Technology Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Better World Technology Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 303 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elite Global Business Services Private Limited | |||
| Opt IT Technologies India Private Limited | |||
| Prince Computer Solution | |||
| Royal Orchid Hotels Limited | |||
| Moengage India Private Limited |
To see the full MSME payment records of Better World Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Better World Technology Private Limited has a workforce of 1,206 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Better World Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Better World Technology Private Limited has 11 board changes on record since 2016: 2 appointments and 9 cessations. The latest: Shashank Mehrotra ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Better World Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 13 September 2011 (15+ years old) and is registered under CIN U74999MH2011PTC221931.
Better World Technology has 2 current directors:
- Shashank Mehrotra - Director
- Sivaram Kowta - Director
The latest financial statements of Better World Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Better World Technology is U74999MH2011PTC221931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better World Technology has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Better World Technology was incorporated on 13 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Better World Technology has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹103.27 Cr; the latest was in July 2020.
The peers of Better World Technology by revenue are My Mobile Payments Limited, My Pay Store Private Limited, Aashi Connect Private Limited, Mindsarray Network Private Limited, Juspay Technologies Private Limited and 1 more, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other information & communication service activities).
Shashank Mehrotra ceased to be Additional Director on 29 Sep 2024. Sivaram Kowta ceased to be Additional Director on 29 Sep 2024. Shashank Mehrotra was appointed as Director on 23 Aug 2024. Better World Technology has 11 board changes on record in total.
Better World Technology has 9 MSME Form 1 returns on record between 2019 and 2024, listing 303 overdue payments to 43 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Better World Technology can be reached through the website zeta.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Better World Technology is at 601 602 6th Floor Bldg No. 3 IT Park Off, Western Express Highway Next To Hub Mall Nesco, Mumbai, Maharashtra, India – 400063.