About Instamojo Technologies Private Limited
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Instamojo Technologies Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Instamojo Inc.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 12 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2013FTC240897. Its GSTIN is 29AADCI1852L1ZA (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹6.04 Lakh. It is led by directors Akash Hoondraj Gehani and Sampad Kumar Swain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.88 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹10 Cr (net margin -63%) and EBITDA of -₹9.68 Cr (EBITDA margin -61%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 12% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Instamojo. As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹18 Cr on record. The company has 5 deals on record (3 rights issues, 1 funding round, 1 debt financing), with disclosed funding of ₹25.4 Cr; the latest was in January 2022. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Ebix Payment Services Private Limited with revenue of ₹16.69 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website instamojo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered AddressShop – 18 – C Ambica Darshan Chhitabhai Patel Road Off Akurli Road K, Andivali E, Mumbai, Maharashtra, India – 400101
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Instamojo Technologies Private Limited
The main business activity of Instamojo Technologies is information and communication. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Instamojo Technologies Private Limited FY 2024 filings available
Instamojo Technologies Private Limited reported revenue of ₹15.88 Cr (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Instamojo Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 66% fall in the latest year. EBITDA fell 207% 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 of Instamojo Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.68 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10 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 of Instamojo Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Instamojo Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Instamojo Technologies Private Limited
Instamojo Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ebix Payment Services Private Limited | ₹16.69 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| DMT Empire India Private Limited | ₹16.54 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Delhi, India |
| Promon Software Solutions Private Limited | ₹16.53 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Paynext Private Limited | ₹16.51 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Ncome Tech Solutions Private Limited | ₹16.03 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | New Delhi, Delhi, India |
| Instamojo Technologies Private Limited this company | ₹15.88 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Mumbai, Maharashtra, India |
| QB Health Technologies Private Limited | ₹15.79 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| KGC Infotech Private Limited | ₹15.58 Cr (FY 2024) | •••• | •••• | 200.0% | •••• | New Delhi, Delhi, India |
| Tata Fintech Private Limited | ₹15.49 Cr (FY 2025) | •••• | •••• | 4727.0% | •••• | Mumbai, Maharashtra, India |
| Hatio Innovations Private Limited | ₹15.33 Cr (FY 2025) | •••• | •••• | 15852.0% | •••• | Ernakulam, Kerala, India |
| Bharosepe Technology Services Private Limited | ₹15.16 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Instamojo Technologies by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Instamojo Technologies Private Limited
Instamojo Technologies Private Limited is audited by Deepak D Agrawal and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak D Agrawal and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Instamojo Technologies Private Limited
Instamojo Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Hoondraj Gehani | Director | 12 Mar 2013 | 13 Years 7 Months | Current |
| Sampad Kumar Swain | Director | 12 Mar 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Instamojo Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Instamojo Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2023 | Others | ₹2.3 Cr | Open |
| 17 Jan 2022 | Others | ₹4 Cr | Satisfied |
| 27 Dec 2017 | Hdfc Bank Limited | ₹14 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Instamojo Technologies Private Limited
Instamojo Technologies Private Limited has 5 deals on record (3 rights issues, 1 funding round, 1 debt financing), with disclosed funding of ₹25.4 Cr; the latest was in January 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Debt financing | ₹4 Cr | Investors: Alteria Capital |
| Feb 2020 | Funding round · Series A | ₹21.4 Cr | Investors: an individual |
| Mar 2019 | Rights issue | ₹12.19 Cr | Investors: Instamojo Inc |
| Oct 2017 | Rights issue | ₹13.34 Cr | Investors: Instamojo Inc |
| Feb 2016 | Rights issue | ₹4.59 Cr | Investors: Instamojo Inc |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Instamojo Technologies Private Limited
Instamojo Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ozonetel Communications Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Instamojo Technologies Private Limited
Instamojo Technologies operates one associated brand: Instamojo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| eCommerce website and payment solutions are provided for D2C businesses. | instamojo.com |
Employees and EPFO Compliance at Instamojo Technologies Private Limited
Instamojo Technologies Private Limited has a workforce of 47 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Instamojo Technologies Private Limited
Instamojo Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Akash Hoondraj Gehani was appointed as Director on 12 Mar 2013.
Credit Ratings, Litigation & Regulatory Alerts for Instamojo Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Instamojo Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Instamojo Technologies Private Limited
Instamojo Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI1852L1ZA | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Instamojo Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Instamojo Technologies Private Limited
Articles about Instamojo Technologies Private Limited on our blog
Frequently Asked Questions about Instamojo Technologies Private Limited
Instamojo Technologies is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 12 March 2013 (13+ years old) and is registered under CIN U72900MH2013FTC240897.
Instamojo Technologies reported revenue of ₹15.88 Cr for FY 2024 (down 66% YoY).
Instamojo Technologies has 2 current directors:
- Akash Hoondraj Gehani - Director
- Sampad Kumar Swain - Director
Instamojo Technologies reported a net loss of ₹10 Cr (net margin -63%) and EBITDA of -₹9.68 Cr (EBITDA margin -61%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Instamojo Technologies is -27% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Instamojo Technologies is 29AADCI1852L1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Instamojo Technologies is U72900MH2013FTC240897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instamojo Technologies was incorporated on 12 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Instamojo Technologies has 5 deals on record (3 rights issues, 1 funding round, 1 debt financing), with disclosed funding of ₹25.4 Cr; the latest was in January 2022.
The peers of Instamojo Technologies by revenue are Ebix Payment Services Private Limited, DMT Empire India Private Limited, Promon Software Solutions Private Limited, Paynext Private Limited, Ncome Tech Solutions Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Akash Hoondraj Gehani was appointed as Director on 12 Mar 2013. Sampad Kumar Swain was appointed as Director on 12 Mar 2013.
Instamojo Technologies has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.