About Frictionfree Solutions Private Limited
Data last updated: 11 February 2026
Frictionfree Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 12 October 2015, the company has been in operation for over 11 years.
Registered with ROC Mumbai under CIN U72200MH2015PTC269096.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹4.75 Lakh. It is led by directors Ashish Mahendra Parikh and Amit Arvind Badiyani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.66 Lakh, a growth of 123% compared to the previous year.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paytonic.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Apps
-
Registered AddressFloor 4 Plot – 231 Commissariat Building Dadabhai Nawroji Road Handloom House F, Ort, Mumbai, Maharashtra, India – 400001
-
IndustryFinancial Services, Online Payment Gateways
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Frictionfree Solutions Private Limited
Frictionfree Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Frictionfree Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Frictionfree Solutions Private Limited
Frictionfree Solutions Private Limited is audited by THAKKER & SANGHANI for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THAKKER & SANGHANI | Locked | Locked | Locked |
Complete auditor history for Frictionfree Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frictionfree Solutions Private Limited
Frictionfree Solutions Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ashish Mahendra Parikh
Also directs:
Nest Nagpur Llp, Parikh Senior Living And Care Llp, Sahyadri Agro Ventures Pvt Ltd and 3 more
|
Director | 23 Apr 2020 | 6 Years 3 Months | Current |
| Amit Arvind Badiyani | Director | 12 Oct 2015 | 10 Years 10 Months | Current |
Financials of Frictionfree Solutions Private Limited FY 2025 filings available
Frictionfree Solutions Private Limited reported revenue of ₹30.66 Lakh (up 123.00% YoY) for FY 2025.
Ten-year financial statements for Frictionfree Solutions Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Frictionfree Solutions Private Limited
Shareholding and ownership data for Frictionfree Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Frictionfree Solutions Private Limited
Frictionfree Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Frictionfree Solutions Private Limited
View historical data on people associated with Frictionfree Solutions Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Frictionfree Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Frictionfree Solutions Private Limited
GST registrations and filing compliance for Frictionfree Solutions Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Frictionfree Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Frictionfree Solutions Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frictionfree Solutions Private Limited
MSME payment history for Frictionfree Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frictionfree Solutions Private Limited
Corporate group structure for Frictionfree Solutions Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frictionfree Solutions Private Limited
MCA filings and documents for Frictionfree Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Frictionfree Solutions Private Limited
Frequently Asked Questions about Frictionfree Solutions Private Limited
Frictionfree Solutions Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 12 October 2015 (11+ years old) and is registered under CIN U72200MH2015PTC269096.
Frictionfree Solutions Private Limited reported revenue of ₹30.66 Lakh for FY 2025 (up 123.00% YoY).
The current directors of Frictionfree Solutions Private Limited are:
- Ashish Mahendra Parikh - Director
- Amit Arvind Badiyani - Director
The primary industry of Frictionfree Solutions Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Yes, Frictionfree Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Frictionfree Solutions Private Limited can be reached at the registered office: Floor 4 Plot – 231 Commissariat Building Dadabhai Nawroji Road Handloom House F, Ort, Mumbai, Maharashtra, India – 400001, or through the website paytonic.com.