About Naffa Innovations Private Limited
Data last updated: 22 December 2025
Naffa Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 02 September 2013, the company has been in operation for over 13 years.
Registered with ROC Bangalore under CIN U72300KA2013PTC087276.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.8 Lakh. It is led by directors including Kumar Abhishek and Pushkar Jauhari.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 117 The Arcade Brigade Metropolis Garudachar Palya Mahadevapura, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.82 Cr, a growth of 103% compared to the previous year.
The company has a workforce of approximately 66 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands - Mobilegullak, Tonetag. As per MCA filings, the company has open charges of ₹35.15 Cr and satisfied charges of ₹20 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tonetag.com.
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Registered Address117 The Arcade Brigade Metropolis Garudachar Palya Mahadevapura, Bangalore, Karnataka, India – 560048
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IndustryFinancial Services, Digital Payment Solutions
- 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
CIN History of Naffa Innovations Private Limited
Naffa Innovations Private Limited has one previous CIN (Corporate Identification Number): U72300UP2013PTC059335. The current CIN is U72300KA2013PTC087276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300KA2013PTC087276 | Current |
| U72300UP2013PTC059335 | Previous |
Associated Brands with Naffa Innovations Private Limited
Naffa Innovations Private Limited operates two associated brands: MobileGullak and ToneTag. These brands represent Naffa Innovations Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers innovative loose-change management solutions for offline retailers. | mobilegullak.in | |
| Soundwave technology for contactless payments and business solutions is provided. | tonetag.com |
Competitors & Alternatives of Naffa Innovations Private Limited
Brands and companies operating in the same space as Naffa Innovations Private Limited include Soundpays, Cobboc, Sonarax and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Soundpays
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Payments are enabled via sound waves through a mobile app. | Toronto, Canada, Canada | 2015 |
Cobboc
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Offers telephonic payment solutions for consumers and enterprises to facilitate secure transactions. | Ghaziabad, India, India | 2011 |
Sonarax
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Offers ultrasonic sound-based authentication technology for secure applications. | Haifa, Israel, Israel | 2013 |
MySonicWallet
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Functions as a mobile wallet utilizing ultrasonic wave technology for transactions. | Montauban, France, France | 2014 |
Poppay
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Provides sound-based solutions for secure offline payments. | Seoul, South Korea, South Korea | 2015 |
AcousticPay
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Offers an AI-driven audio-based payment system for secure business transactions. | Bangladesh | 2020 |
Audio2Pay
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Offers an ultrasound-based payment solution for consumers and businesses, facilitating secure transactions. | United States | 2019 |
Business Activity of Naffa Innovations Private Limited
Naffa Innovations Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Naffa Innovations Private Limited
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Auditor Details of Naffa Innovations Private Limited
Naffa Innovations Private Limited is audited by NIRMAL KAUSHIK & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRMAL KAUSHIK & CO | Locked | Locked | Locked |
Complete auditor history for Naffa Innovations Private Limited
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Board of Directors of Naffa Innovations Private Limited
Naffa Innovations Private Limited is currently managed by 5 directors, with 8 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 |
|---|---|---|---|---|
| Kumar Abhishek | Director | 20 Jan 2014 | 12 Years 5 Months | Current |
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Pushkar Jauhari
Also directs:
Biogenomics Limited, Jupiter International Limited, Coreel Technologies (India) Private Limited and 1 more
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Director | 07 Feb 2025 | 1 Years 5 Months | Current |
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Ashok Ananthakrishnan
Also directs:
Ama Growth Advisors Llp, Ama Capital Advisors Private Limited, Ip Venture Advisors Private Limited and 2 more
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Director | 07 Feb 2025 | 1 Years 5 Months | Current |
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Vivek Kumar Singh
Also directs:
Naffa Technologies Private Limited, Naffa Services Private Limited
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Director | 02 Sep 2013 | 12 Years 10 Months | Current |
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Arun Seth
Also directs:
Trinetra Business Advisors India Llp, Jubilant Pharmova Limited, Jubilant Ingrevia Limited and 5 more
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Director | 27 Apr 2016 | 10 Years 2 Months | Current |
Financials of Naffa Innovations Private Limited FY 2024 filings available
Naffa Innovations Private Limited reported revenue of ₹47.82 Cr (up 103.00% YoY) for FY 2024.
Ten-year financial statements for Naffa Innovations Private Limited
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Ownership and Shareholding of Naffa Innovations Private Limited
Shareholding and ownership data for Naffa Innovations Private Limited
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Group Structure of Naffa Innovations Private Limited
Naffa Innovations Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Naffa Innovations Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Naffa Technologies Private Limited | U72900KA2021PTC152113 | Locked |
| Naffa Services Private Limited | U74999KA2021PTC152938 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Naffa Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2024 | Others | ₹20 Cr | Open |
| 25 Jan 2024 | Others | ₹15 Cr | Open |
| 19 Jun 2019 | Others | ₹15 Lakh | Open |
| 17 Oct 2023 | Others | ₹20 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Naffa Innovations Private Limited
Naffa Innovations Private Limited has a workforce of 66 employees as of Mar 30, 2024.
Employee and EPFO history for Naffa Innovations Private Limited
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GST Compliance of Naffa Innovations Private Limited
GST registrations and filing compliance for Naffa Innovations Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Naffa Innovations Private Limited
Credit ratings, litigation, and regulatory alerts for Naffa Innovations Private Limited
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MSME Payment Delays by Naffa Innovations Private Limited
MSME payment history for Naffa Innovations Private Limited
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Subsidiaries & Group Companies of Naffa Innovations Private Limited
Corporate group structure for Naffa Innovations Private Limited
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MCA Filings & Documents of Naffa Innovations Private Limited
MCA filings and documents for Naffa Innovations Private Limited
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Recent Activity on Naffa Innovations Private Limited
Recent News on Naffa Innovations Private Limited
Frequently Asked Questions about Naffa Innovations Private Limited
Naffa Innovations Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 02 September 2013 (13+ years old) and is registered under CIN U72300KA2013PTC087276. The company has 66 employees.
Naffa Innovations Private Limited reported revenue of ₹47.82 Cr for FY 2024 (up 103.00% YoY).
The current directors of Naffa Innovations Private Limited are:
- Kumar Abhishek - Director
- Pushkar Jauhari - Director
- Ashok Ananthakrishnan - Director
- Vivek Kumar Singh - Director
- Arun Seth - Director
The primary industry of Naffa Innovations Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Naffa Innovations Private Limited can be reached at the registered office: 117 The Arcade Brigade Metropolis Garudachar Palya Mahadevapura, Bangalore, Karnataka, India – 560048, or through the website tonetag.com.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹9.8 Lakh.