
About Dinero Payment Services Private Limited
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Dinero Payment Services Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110HR2019PTC082363. Its GSTIN is 06AAHCD4119P1ZD (Haryana).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹11.1 Lakh. It is led by directors Mohit Taneja and Pitchai Muthu.
Its last annual general meeting (AGM) was held on 10 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Third Floor Orchid Centre Sector – 53, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.91 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Cr (net margin -43.5%) and EBITDA of -₹1.24 Cr (EBITDA margin -42.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The company is associated with 1 brand: Cashlesso. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹14.99 Cr; the latest was in March 2024. Its 7 peer companies in the BFSI industry (Payment Gateways), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Teqfox Fintech Solutions Private Limited with revenue of ₹3.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cashlesso.com.
Company details
CIN history
Dinero Payment Services has one previous CIN (Corporate Identification Number): U74999HR2019PTC082363. The current CIN is U74110HR2019PTC082363, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110HR2019PTC082363 | Current |
| U74999HR2019PTC082363 | Previous |
Recognitions & Rankings of Dinero Payment Services
Contact details
Dinero Payment Services Private Limited's registered office is in Gurgaon, Haryana. Its website is cashlesso.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThird Floor Orchid Centre Sector – 53, Gurgaon, Haryana, India – 122002
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Dinero Payment Services 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
Dinero Payment Services operates one associated brand: Cashlesso. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers payment gateway solutions for businesses. | cashlesso.com |
Business activity
The main business activity of Dinero Payment Services 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 Dinero Payment Services Private Limited, buy the company report.
Financials of Dinero Payment Services Private Limited
FY 2024 filings availableDinero Payment Services Private Limited reported revenue of ₹2.91 Cr (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 95% fall in the latest year. EBITDA fell 124% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.24 Cr | ||||
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| Net Profit (PAT) | -₹1.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.5% | ||||
| Net Profit Margin | -43.5% | ||||
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To see the full financial statements and ratios of Dinero Payment Services Private Limited, buy the company report.
Board of directors of Dinero Payment Services Private Limited
Dinero Payment Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Taneja | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
| Pitchai Muthu | Director | 15 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Dinero Payment Services Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Payment Gateways), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Teqfox Fintech Solutions Private Limited | ₹3.01 Cr (FY 2024) | 12583.0% | Jogeshwari East, Maharashtra, India | |||
| Airpay Financial Technologies Private Limited | ₹2.98 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Pay With Indiamart Private Limited | ₹2.98 Cr (FY 2023) | 14.0% | Delhi, India | |||
| Poltergeist Pay Technologies Private Limited | ₹2.98 Cr (FY 2024) | Bangalore, Karnataka, India | ||||
| Dinero Payment Services Private Limitedthis company | ₹2.91 Cr (FY 2024) | -₹1.27 Cr | -43.5% | -95.0% | Gurgaon, Haryana, India | |
| Gspeed Ecom Solutions (OPC) Private Limited | ₹2.54 Cr (FY 2023) | -31.0% | Delhi, India | |||
| Indeepay Technologies Private Limited | ₹2.53 Cr (FY 2025) | 166.0% | New Delhi, Delhi, India | |||
| Uniqpay Payment Services Private Limited | ₹2.43 Cr (FY 2024) | 571.0% | Patna, Bihar, India |
To see the full peer comparison of Dinero Payment Services Private Limited, buy the company report.
Auditor
Dinero Payment Services Private Limited is audited by RAVI CHOWDHRY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI CHOWDHRY & ASSOCIATES | FY 2023 | 014617N |
Shareholding
The shareholding of Dinero Payment Services Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dinero Payment Services Private Limited, buy the company report.
Deals & funding
Dinero Payment Services Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹14.99 Cr; the latest was in March 2024.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Kamal Renu Credit & Invest Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| Jan 2021 | Rights issue | ₹6.2 Lakh | Investors: an individual |
To see the full deal history of Dinero Payment Services 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
Dinero Payment Services Private Limited has 4 court cases on record: 3 filed by Dinero Payment Services, 1 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Glossaread Technologies | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Glossaread Technologies and Ors | Pending |
| Supreme Court | Court case (0812-Letter Petition & Pil Matters : Others) | Filed against the company by an individual | Disposed |
To see the full case history of Dinero Payment Services 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
No delayed payments to MSME suppliers are on our record for Dinero Payment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dinero Payment Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCD4119P1ZD | Haryana | Active | 02 Oct 2019 |
To see the full GST registrations and return filing status of Dinero Payment Services Private Limited, buy the company report.
Recent activity
Dinero Payment Services Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Manoharan Vinod ceased to be Additional Director on 24 Sep 2023.
Frequently asked questions
Dinero Payment Services is an active private limited company based in Gurgaon, Haryana, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 03 September 2019 (7+ years old) and is registered under CIN U74110HR2019PTC082363.
Dinero Payment Services has 2 current directors:
- Mohit Taneja - Director
- Pitchai Muthu - Director
The latest financial statements of Dinero Payment Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 June 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Dinero Payment Services is 06AAHCD4119P1ZD, registered in Haryana.
The CIN (Corporate Identification Number) of Dinero Payment Services is U74110HR2019PTC082363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dinero Payment Services has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Dinero Payment Services was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Dinero Payment Services has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹14.99 Cr; the latest was in March 2024.
The peers of Dinero Payment Services by revenue are Teqfox Fintech Solutions Private Limited, Airpay Financial Technologies Private Limited, Pay With Indiamart Private Limited, Poltergeist Pay Technologies Private Limited, Gspeed Ecom Solutions (OPC) Private Limited and 2 more, all in the BFSI industry (Payment Gateways), with the same principal business activity (other financial activities).
Manoharan Vinod ceased to be Additional Director on 24 Sep 2023. Pitchai Muthu ceased to be Additional Director on 30 Sep 2022. Puneet ceased to be Director on 16 Jun 2022. Dinero Payment Services has 6 board changes on record in total.
Yes, Dinero Payment Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

