About Novopay Solutions Private Limited
Data last updated: 08 December 2025
Novopay Solutions Private Limited is a private limited company based in Bangalore East Taluk, Karnataka, India, recognised as a startup by DPIIT. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 20 February 2014, the company has been in operation for over 12 years.
Registered with ROC Bangalore under CIN U72200KA2014PTC073736.
Capital: an authorised share capital of ₹23 Lakh and a paid-up capital of ₹12.26 Lakh. It is led by directors Srikanth Nadhamuni and Gautam Bandyopadhyay.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore East Taluk, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.41 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 242 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Trustt. As per MCA filings, the company has 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 novopay.in.
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Registered AddressIi Floor No 18/2A Khata No 629 Ambalipura Villa Sarjapura Main Road Bellandur Gate Var, Thur Hobli, Bangalore East Taluk, Karnataka, India – 560102
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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
Associated Brands with Novopay Solutions Private Limited
Novopay Solutions Private Limited operates one associated brand: Trustt. These brands represent Novopay Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diversified digital solutions for banks and financial institutions are offered. | trustt.com |
Competitors & Alternatives of Novopay Solutions Private Limited
Brands and companies operating in the same space as Novopay Solutions Private Limited include nCino, Thought Machine, Tuum and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
nCino
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Cloud-based API platform for banking operations is provided. | Wilmington, United States, United States | 2011 |
Thought Machine
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Cloud-based platform for core banking is developed via APIs. | London, United Kingdom, United Kingdom | 2014 |
Tuum
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Cloud-native API-first core banking platform is provided for banks. | Tallinn, Estonia, Estonia | 2019 |
Finxact
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Cloud-based core banking software is delivered via open APIs. | Jacksonville, United States, United States | 2016 |
ION Group
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Treasury management solutions are provided for financial institutions and banks. | New York, United States, United States | 1998 |
Nymbus
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Cloud-based core banking solutions are offered to financial institutions. | Miami, United States, United States | 2015 |
Backbase
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AI-powered banking platforms are provided for operational growth. | Amsterdam, Netherlands, Netherlands | 2003 |
Ohpen
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Developer of cloud-based core banking platform for retail mutual funds and savings accounts | Amsterdam, Netherlands, Netherlands | 2008 |
Business Activity of Novopay Solutions Private Limited
Novopay Solutions Private Limited is engaged in principal business activities including information and communication and financial and insurance service, with detailed activities including computer programming, consultancy and related activities, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Novopay Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Novopay Solutions Private Limited
Novopay Solutions Private Limited is audited by MSKA & ASSOCIATES 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 |
|---|---|---|---|
| MSKA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Novopay Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Novopay Solutions Private Limited
Novopay Solutions Private Limited is currently managed by 2 directors, with 12 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 |
|---|---|---|---|---|
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Srikanth Nadhamuni
Also directs:
Klarity Intelligence (India) Private Limited, Khosla Labs Private Limited, Totemic Labs India Private Limited and 3 more
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Nominee Director | 07 Jul 2014 | 12 Years 0 Months | Current |
| Gautam Bandyopadhyay | Director | 26 Apr 2019 | 7 Years 2 Months | Current |
Financials of Novopay Solutions Private Limited FY 2024 filings available
Novopay Solutions Private Limited reported revenue of ₹36.41 Cr (down 1.00% YoY) for FY 2025.
Ten-year financial statements for Novopay Solutions Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Novopay Solutions Private Limited
Shareholding and ownership data for Novopay Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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- FII and DII holdings
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Group Structure of Novopay Solutions Private Limited
Novopay Solutions Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Novopay Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Novopay Retail Solutions Private Limited | U66190KA2023PTC171150 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Novopay Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2018 | Others | ₹20 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Novopay Solutions Private Limited
Novopay Solutions Private Limited has a workforce of 242 employees as of Apr 07, 2024.
Employee and EPFO history for Novopay Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Novopay Solutions Private Limited
GST registrations and filing compliance for Novopay Solutions Private Limited
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- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Novopay Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Novopay 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
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MSME Payment Delays by Novopay Solutions Private Limited
MSME payment history for Novopay 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
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Subsidiaries & Group Companies of Novopay Solutions Private Limited
Corporate group structure for Novopay Solutions Private Limited
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- Parent company
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MCA Filings & Documents of Novopay Solutions Private Limited
MCA filings and documents for Novopay 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
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Recent Activity on Novopay Solutions Private Limited
Recent News on Novopay Solutions Private Limited
Frequently Asked Questions about Novopay Solutions Private Limited
Novopay Solutions Private Limited is an active private limited company in the financial services sector based in Bangalore East Taluk, Karnataka, India. It was incorporated on 20 February 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073736. The company has 242 employees.
Novopay Solutions Private Limited reported revenue of ₹36.41 Cr for FY 2025 (down 1.00% YoY).
The current directors of Novopay Solutions Private Limited are:
- Srikanth Nadhamuni - Nominee Director
- Gautam Bandyopadhyay - Director
The primary industry of Novopay Solutions Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Yes, Novopay Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Novopay Solutions Private Limited can be reached at the registered office: Ii Floor No 182A Khata No 629 Ambalipura Villa Sarjapura Main Road Bellandur Gate Var, Thur Hobli, Bangalore East Taluk, Karnataka, India – 560102, or through the website novopay.in.