
About Billmart Fintech Private Limited
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Billmart Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of 9 Anium Tech Llp and recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 06 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC367034. Its GSTIN is 27AAKCB1180H1ZQ (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹27.15 Lakh. It is led by directors including Sethurathnam Ravi and Sandeep Anantrai Doshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.98 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹6.35 Cr (net margin -159.8%) and EBITDA of -₹6.41 Cr (EBITDA margin -161.3%). Revenue has grown at a compounded annual rate (CAGR) of 263% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BillMart. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹51.79 Cr; the latest was in July 2024.
Billmart Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0097006). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website billmart.com.
Company details
Recognitions & Rankings of Billmart Fintech
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0097006
Contact details
Billmart Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is billmart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1102 11th Floor K.P. Aurum Cts No.426A K P Engg Compound Marol Maroshi Road An, Dheri East, Mumbai, Maharashtra, India – 400059
- IndustryInternet, Online Financial Services
To see the full contact details of Billmart Fintech 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
Brands
Billmart Fintech operates one associated brand: BillMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of digital bill discounting and trade finance solutions for MSMEs and corporates | billmart.com |
Business activity
The main business activity of Billmart Fintech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Billmart Fintech Private Limited, buy the company report.
Financials of Billmart Fintech Private Limited
FY 2025 filings availableBillmart Fintech Private Limited reported revenue of ₹3.98 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 263% over three years, including 23% growth in the latest year. EBITDA rose 6% 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 |
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| EBITDA | -₹6.41 Cr | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹6.35 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -161.3% | |||
| Net Profit Margin | -159.8% | |||
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To see the full financial statements and ratios of Billmart Fintech Private Limited, buy the company report.
Board of directors and KMP of Billmart Fintech Private Limited
Billmart Fintech Private Limited currently reports 4 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sethurathnam Ravi | Director | 27 Oct 2021 | 5 Years 0 Months | Current |
| Ashok Kumar Mittal Also directs: Fynx Capital Limited, Lord Krishna Financial Services Limited, Aashitya Comtrade Private Limited and 1 more | Ceo | 12 Aug 2024 | 2 Years 2 Months | Current |
| Sandeep Anantrai Doshi | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
| Gautam Kirtikumar Shah Also directs: Fynx Capital Limited, Parshwashanti Infra Services LLP, Shree Harsh Shanti Enterprises LLP and 5 more | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Jainam Rajenbhai Vora | Director | 09 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Billmart Fintech Private Limited is audited by Manish Modi & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish Modi & Associates | FY 2024 | 120780W |
Shareholding
The shareholding of Billmart Fintech Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Billmart Fintech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2022 | 100657169 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Billmart Fintech Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Billmart Fintech Private Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹51.79 Cr; the latest was in July 2024.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round · Series A | ₹4.99 Cr | Investors: Telerate Mercantile Private Limited , Spacenet Enterprises India Limited |
| Feb 2022 | Funding round | ₹2.51 Cr | Investors: Spacenet Enterprises India Limited |
| Oct 2021 | Funding round · Seed | ₹7.49 Cr | Investors: 9Anium Tech LLP |
To see the full deal history of Billmart Fintech 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
No court or tribunal cases involving Billmart Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Billmart Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Billmart Fintech Private Limited has a workforce of 33 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Billmart Fintech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCB1180H1ZQ | Maharashtra | Active | 18 Oct 2021 |
To see the full GST registrations and return filing status of Billmart Fintech Private Limited, buy the company report.
Recent activity
Billmart Fintech Private Limited has 12 board changes on record since 2021: 5 appointments and 7 cessations. The latest: Ashok Kumar Mittal was appointed as CEO on 12 Aug 2024.
5 earlier events are in the company report.
News
Frequently asked questions
Billmart Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 06 September 2021 (5+ years old) and is registered under CIN U72900MH2021PTC367034.
Billmart Fintech has 5 current directors and KMP:
- Sethurathnam Ravi - Director
- Sandeep Anantrai Doshi - Director
- Gautam Kirtikumar Shah - Director
- Jainam Rajenbhai Vora - Director
- Ashok Kumar Mittal - Ceo
The latest financial statements of Billmart Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Billmart Fintech is 27AAKCB1180H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Billmart Fintech is U72900MH2021PTC367034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Billmart Fintech was incorporated on 06 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Billmart Fintech has 6 deals on record (6 funding rounds), with disclosed funding of ₹51.79 Cr; the latest was in July 2024.
Ashok Kumar Mittal was appointed as CEO on 12 Aug 2024. Ashok Kumar Mittal ceased to be Additional Director on 12 Aug 2024. Devender Singh Rawat ceased to be Director on 30 Sep 2022. Billmart Fintech has 12 board changes on record in total.
Yes, Billmart Fintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Billmart Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0097006).

