About Paypay India Private Limited
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Paypay India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Paypay Corporation. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 12 October 2022.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2022FTC107136. Its GSTIN is 06AANCP3221G1ZL (Haryana).
The company has an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹4.1 Cr. It is led by directors including Munenori Hirakawa (Managing Director) and Amit Bhasin.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.14 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹8.99 Cr (net margin 10.7%) and EBITDA of ₹12.01 Cr (EBITDA margin 14.3%).
The company has about 33 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pay2-dc.com.
Company details
Contact details
Paypay India Private Limited's registered office is in Gurgaon, Haryana. Its website is pay2-dc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address03 – 117/119 Wework Forum DLF Cyber City Rd, DLF Phase 3 Gurugram, Gurgaon, Haryana, India – 122002
- IndustryInternet, Online Financial Services
To see the full contact details of Paypay India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Paypay India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Paypay India Private Limited, buy the company report.
Financials of Paypay India Private Limited
FY 2025 filings availablePaypay India Private Limited reported revenue of ₹84.14 Cr (up 137% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 137% in the latest year. EBITDA rose 140% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹12.01 Cr | ||
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| Net Profit (PAT) | ₹8.99 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 14.3% | ||
| Net Profit Margin | 10.7% | ||
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To see the full financial statements and ratios of Paypay India Private Limited, buy the company report.
Board of directors of Paypay India Private Limited
Paypay India has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Bhasin | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Wataru Kagechika | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Masanori Sode | Director | 12 Oct 2022 | 4 Years 0 Months | Current |
| Munenori Hirakawa | Managing Director | 29 Nov 2022 | 3 Years 11 Months | Current |
| Akiteru Yamamoto | Director | 06 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Paypay India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Paypay India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Paypay India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paypay India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paypay India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paypay India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AANCP3221G1ZL | Haryana | Active | 24 Jan 2023 |
To see the full GST registrations and return filing status of Paypay India Private Limited, buy the company report.
Recent activity
Paypay India Private Limited has 11 board changes on record since 2022: 6 appointments and 5 cessations. The latest: Akiteru Yamamoto ceased to be Additional Director on 28 Aug 2024.
2 earlier events are in the company report.
Frequently asked questions
Paypay India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in online financial services, within the internet industry. It was incorporated on 12 October 2022 (4+ years old) and is registered under CIN U72900HR2022FTC107136.
Paypay India has 5 current directors:
- Munenori Hirakawa - Managing Director
- Amit Bhasin - Director
- Wataru Kagechika - Director
- Masanori Sode - Director
- Akiteru Yamamoto - Director
The latest financial statements of Paypay India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Paypay India is 06AANCP3221G1ZL, registered in Haryana.
The CIN (Corporate Identification Number) of Paypay India is U72900HR2022FTC107136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paypay India was incorporated on 12 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Haryana.
Akiteru Yamamoto ceased to be Additional Director on 28 Aug 2024. Akiteru Yamamoto was appointed as Director on 06 Aug 2024. Hiroshi Takashina ceased to be Additional Director on 27 Sep 2023. Paypay India has 11 board changes on record in total.
Paypay India can be reached through the website pay2-dc.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Paypay India is at 03 – 117119 Wework Forum DLF Cyber City Rd, DLF Phase 3 Gurugram, Gurgaon, Haryana, India – 122002.
Paypay India operates in the internet industry, in the online financial services segment.
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