About Rainpay India Private Limited
Data last updated: 11 February 2026
Rainpay India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Rain Technologies Inc. It specialises in online financial services, a part of the broader internet and digital services sector. Incorporated on 09 December 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U74140KA2020FTC142026.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹48.12 Cr. It is led by directors Akbar Khan and Alexander Anderson Bradford.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: C/O 91 Springboard Pavilion 175 And 176 Dollars Colony Jp Nagar Bannerghatta Main Rd, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.9 Cr, a decline of 42% compared to the previous year.
The company has a workforce of approximately 53 employees as per the latest available data. It operates as a subsidiary of Rain Technologies Inc.
The company is associated with 1 brand - Rain.
For more details, the company can be reached via its website rainpay.in.
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Registered AddressC/O 91 Springboard Pavilion 175 And 176 Dollars Colony Jp Nagar Bannerghatta Main Rd, Bangalore, Karnataka, India – 560076
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IndustryInternet, Online Financial Services
- 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 Rainpay India Private Limited
Rainpay India Private Limited operates one associated brand: Rain. These brands represent Rainpay India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| A platform for payday loans is provided by Rain. | rainapp.com |
Competitors & Alternatives of Rainpay India Private Limited
Brands and companies operating in the same space as Rainpay India Private Limited include Accolade, Hinge Health, Wagestream and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Accolade
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Employee health benefits are facilitated via a cloud-based platform. | Plymouth Meeting, United States, United States | 2007 |
Hinge Health
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Virtual physical therapy and digital pain care solutions are provided. | San Francisco, United States, United States | 2015 |
Wagestream
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Financial benefits platform for on-demand pay is provided to employees. | London, United Kingdom, United Kingdom | 2018 |
Payflow
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Payflow is recognized as a financial wellness application for employees. | Alcobendas, Spain, Spain | 2020 |
Wellhub
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Cloud-based wellness programs are offered for employee health and productivity. | New York, United States, United States | 2012 |
DailyPay
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Developer of an online platform for employee financial benefits | New York, United States, United States | 2015 |
Sharecare
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Health and wellness social network for employees is provided. | Atlanta, United States, United States | 2010 |
Spendesk
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Provider of prepaid cards for financial benefits of employees | Paris, France, France | 2016 |
Practo
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Doctor appointments are booked and healthcare professionals are consulted online. | Bengaluru, India, India | 2008 |
Betterfly
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Employee health and well-being solutions are delivered through a platform. | Santiago, Chile, Chile | 2018 |
Business Activity of Rainpay India Private Limited
Rainpay India Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Rainpay India 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 Rainpay India Private Limited
Rainpay India Private Limited is audited by Kiran Parikh & Co. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kiran Parikh & Co. | Locked | Locked | Locked |
Complete auditor history for Rainpay India 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 Rainpay India Private Limited
Rainpay India Private Limited is currently managed by 2 directors, with 3 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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Akbar Khan
Also directs:
Augnito India Private Limited
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Director | 09 Dec 2020 | 5 Years 7 Months | Current |
| Alexander Anderson Bradford | Director | 09 Dec 2020 | 5 Years 7 Months | Current |
Financials of Rainpay India Private Limited FY 2025 filings available
Rainpay India Private Limited reported revenue of ₹2.9 Cr (down 42.00% YoY) for FY 2025.
Ten-year financial statements for Rainpay India 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 Rainpay India Private Limited
Shareholding and ownership data for Rainpay India 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 Rainpay India Private Limited
Rainpay India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rainpay India Private Limited
Rainpay India Private Limited has a workforce of 53 employees as of Apr 05, 2024.
Employee and EPFO history for Rainpay India 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
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GST Compliance of Rainpay India Private Limited
GST registrations and filing compliance for Rainpay India 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 Rainpay India Private Limited
Credit ratings, litigation, and regulatory alerts for Rainpay India 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 Rainpay India Private Limited
MSME payment history for Rainpay India 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
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Subsidiaries & Group Companies of Rainpay India Private Limited
Corporate group structure for Rainpay India 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
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MCA Filings & Documents of Rainpay India Private Limited
MCA filings and documents for Rainpay India 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 Rainpay India Private Limited
Frequently Asked Questions about Rainpay India Private Limited
Rainpay India Private Limited is an active foreign private limited company in the internet sector based in Bangalore, Karnataka, India. It was incorporated on 09 December 2020 (6+ years old) and is registered under CIN U74140KA2020FTC142026. The company has 53 employees.
Rainpay India Private Limited reported revenue of ₹2.9 Cr for FY 2025 (down 42.00% YoY).
The current directors of Rainpay India Private Limited are:
- Akbar Khan - Director
- Alexander Anderson Bradford - Director
The primary industry of Rainpay India Private Limited is internet. The company specifically operates in online financial services. The company is currently active in this sector.
Rainpay India Private Limited can be reached at the registered office: CO 91 Springboard Pavilion 175 And 176 Dollars Colony Jp Nagar Bannerghatta Main Rd, Bangalore, Karnataka, India – 560076, or through the website rainpay.in.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹48.12 Cr.