Startup India Government of India
Eroute Technologies Private Limited - financial services in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.47 Cr
▲ 34% YoY
Net loss · FY 2024
₹6.28 Cr
Net margin -114.8%
EBITDA · FY 2024
-₹4.37 Cr
EBITDA margin -79.7%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.18 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
45
Provident fund records
Directors on board
6
As per MCA filings
About Eroute Technologies Private Limited
Data last updated:
Eroute Technologies Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 24 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72900UP2018PTC109634. Its GSTIN is 09AAFCE2393A1ZV (Uttar Pradesh).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.18 Cr. It is led by directors including Abhishek Saxena (Managing Director) and Arun Kumar Purwar.
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 Noida, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.47 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Cr (net margin -114.8%) and EBITDA of -₹4.37 Cr (EBITDA margin -79.7%). Revenue has grown at a compounded annual rate (CAGR) of 148% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: HindPay, Eroute Technologies and OmniCard. Court records list 3 cases involving the company, including 3 filed against it. The company has 14 deals on record (6 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹38.77 Cr; the latest was in March 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eroute.in.
Company details
CIN U72900UP2018PTC109634
Registration Number 109634
Incorporation Date 24 October 2018
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Eroute Technologies has one previous CIN (Corporate Identification Number): U72900UP2018FTC109634. The current CIN is U72900UP2018PTC109634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900UP2018PTC109634 | Current |
| U72900UP2018FTC109634 | Previous |
Key People
Abhishek Saxena Managing Director Arun Kumar Purwar Director Ram Nirankar Rastogi Director Recognitions & Rankings of Eroute Technologies
Contact details
Eroute Technologies Private Limited's registered office is in Noida, Uttar Pradesh. Its website is eroute.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressC – 56A/12 5th Floor, Sector – 62, Noida, Uttar Pradesh, India – 201301
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Eroute Technologies Private Limited, buy the company report.
Comprehensive company report
Eroute Technologies Private Limited - one report that includes everything
- 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
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Brands
Eroute Technologies operates multiple associated brands including HindPay, Eroute Technologies, and OmniCard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a digital wallet for convenient money transfers, prepaid recharges, and consumer bill payments. | hindpay.co.in | |
| Expense management software with UPI and corporate cards for businesses. | eroute.in | |
| AI-driven FinTech solutions are provided for business payments in India. | omnicard.in |
Business activity
The main business activity of Eroute Technologies 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 Eroute Technologies Private Limited, buy the company report.
Financials of Eroute Technologies Private Limited
FY 2025 filings availableEroute Technologies Private Limited reported revenue of ₹5.47 Cr (up 34% YoY) for FY 2024.
Revenue · FY 2024
₹5.47 Cr ▲ 34%
Net loss · FY 2024
₹6.28 Cr margin -114.8%
EBITDA · FY 2024
-₹4.37 Cr margin -79.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 148%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 38%
5 years · compounded
▼ 289%
Revenue has grown at a compounded annual rate (CAGR) of 148% over three years, including 34% growth in the latest year. EBITDA fell 62% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.7% | ||||
| Net Profit Margin | -114.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Eroute Technologies Private Limited, buy the company report.
Board of directors of Eroute Technologies Private Limited
Eroute Technologies has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Purwar Also directs: Amplira Group LLP, Amplira Capital Management LLP, Jindal Cement Industries Private Limited and 4 more | Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Ram Nirankar Rastogi Also directs: Digispice Technologies Limited, Network People Services Technologies Limited, Spice Money Limited and 3 more | Director | 01 Apr 2019 | 7 Years 7 Months | Current |
| Abhishek Saxena Also directs: Taisys India Private Limited | Managing Director | 24 Oct 2018 | 8 Years 0 Months | Current |
| Sanjeev Pandey Also directs: Qubelabs Ventures LLP, Qubelabs Systems Private Limited | Director | 24 Oct 2018 | 8 Years 0 Months | Current |
| Chun Hsin Ho Also directs: Um Tronics Private Limited, Taisys India Private Limited | Director | 24 Oct 2018 | 8 Years 0 Months | Current |
| Min Hua Ho Also directs: Taisys India Private Limited | Nominee Director | 09 Sep 2023 | 3 Years 2 Months | Current |
Auditor
Eroute Technologies Private Limited is audited by RANGAMANI & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANGAMANI & CO. | FY 2024 | 003052S |
Shareholding
The shareholding of Eroute Technologies Private Limited is on record for 5 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 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Eroute Technologies Private Limited, buy the company report.
Deals & funding
Eroute Technologies Private Limited has 14 deals on record (6 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹38.77 Cr; the latest was in March 2026.
Total deals
14
Funding rounds
6
Secondary share transfers
6
Rights issues
2
Disclosed funding
₹38.77 Cr
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Pre-Series A | ₹3.09 Cr | Investors: Taisys India Private Limited , 3 individuals |
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Taisys Technologies Company Limited, an individual |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2024 | Funding round · Pre-Series A | ₹15.6 Cr | Investors: Taisys India Private Limited , Venture Gurukul Investment Trust, 2 individuals |
| Jun 2023 | Funding round · Pre-Series A | ₹5.63 Cr | Investors: V L S Finance Limited , Venture Gurukul Investment Trust, 2 individuals |
To see the full deal history of Eroute Technologies 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
Eroute Technologies Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Banaskanth at Palanpur, Gujarat | Criminal miscellaneous application | Filed against the company | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal miscellaneous application | Filed against the company | Disposed |
To see the full case history of Eroute Technologies 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 Eroute Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Eroute Technologies Private Limited has a workforce of 45 employees on its EPFO records as of Nov 13, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
-18.18%
GST
Eroute Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCE2393A1ZV | Uttar Pradesh | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of Eroute Technologies Private Limited, buy the company report.
Recent activity
Eroute Technologies Private Limited has 6 board changes on record since 2018: 6 appointments. The latest: Min Hua Ho was appointed as Nominee Director on 09 Sep 2023.
AGM
Eroute Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Eroute Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Appointed
Min Hua Ho was appointed as Nominee Director.
Appointed
Arun Kumar Purwar was appointed as Director.
Appointed
Ram Nirankar Rastogi was appointed as Director.
Appointed
Abhishek Saxena was appointed as Managing Director.
Appointed
Chun Hsin Ho was appointed as Director.
Appointed
Sanjeev Pandey was appointed as Director.
Incorporation
24 Oct 2018
Eroute Technologies Private Limited was registered on 24 Oct 2018 with Roc Uttar Pradesh Ii & aged 8 years 17 days as per MCA records.
News
Frequently asked questions
Eroute Technologies is an active private limited company based in Noida, Uttar Pradesh, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 24 October 2018 (8+ years old) and is registered under CIN U72900UP2018PTC109634.
Eroute Technologies has 6 current directors:
- Abhishek Saxena - Managing Director
- Arun Kumar Purwar - Director
- Ram Nirankar Rastogi - Director
- Sanjeev Pandey - Director
- Chun Hsin Ho - Director
- Min Hua Ho - Nominee Director
The latest financial statements of Eroute Technologies 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 FY 2019 are in the company report.
The GSTIN of Eroute Technologies is 09AAFCE2393A1ZV, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Eroute Technologies is U72900UP2018PTC109634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eroute Technologies has 3 court cases on record: 3 filed against it.
Eroute Technologies was incorporated on 24 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Eroute Technologies has 14 deals on record (6 funding rounds, 6 secondary share transfers, 2 rights issues), with disclosed funding of ₹38.77 Cr; the latest was in March 2026.
Min Hua Ho was appointed as Nominee Director on 09 Sep 2023. Arun Kumar Purwar was appointed as Director on 01 Apr 2019. Ram Nirankar Rastogi was appointed as Director on 01 Apr 2019. Eroute Technologies has 6 board changes on record in total.
Yes, Eroute Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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