About Rupifi Technology Solutions Private Limited
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Rupifi Technology Solutions Private Limited is a private limited company based in Bangalore South, Karnataka, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 21 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65100KA2020PTC206896. Its GSTIN is 29AAKCR0352H1ZA (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16.8 Cr and a paid-up capital of ₹16.79 Cr. It is led by directors including Mohd Jawaid Iqbal and Vishal Vijay Gupta.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.78 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹22.94 Cr (net margin -92.6%) and EBITDA of -₹15.51 Cr (EBITDA margin -62.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 225 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rupifi. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹80 Cr on record. Court records list 57 cases involving the company, including 52 filed by the company and 1 filed against it; 18 cases are pending. The company has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹307.09 Cr; the latest was in March 2025. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Transaction Analysts (India) Private Limited with revenue of ₹28.17 Cr. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 12 overdue payments to 5 micro and small suppliers.
For more details, the company can be reached via its website rupifi.com.
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- Registered Address03 – 110 Wework 3rd Floor Prestige Atlanta 80 Feet Road, Koramangala 1A Block Koramangala 3 Block, Bangalore South, Karnataka, India – 560034
- 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 Rupifi Technology Solutions Private Limited
The main business activity of Rupifi Technology Solutions 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 Rupifi Technology Solutions Private Limited FY 2025 filings available
Rupifi Technology Solutions Private Limited reported revenue of ₹24.78 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rupifi Technology Solutions Private Limited
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 70% 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 Rupifi Technology Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹15.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22.94 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 Rupifi Technology Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -92.6% | •••• | •••• | •••• | •••• |
| 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 Rupifi Technology Solutions are in the company report.
Financial statements from FY 2020
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 Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions 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 |
|---|---|---|---|---|---|---|
| Transaction Analysts (India) Private Limited | ₹28.17 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad-7., Telangana, India |
| Payabhi Payments Private Limited | ₹27.28 Cr (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Excel One Stop Solution Private Limited | ₹26.94 Cr (FY 2024) | •••• | •••• | 114.0% | •••• | Mumbai, Maharashtra, India |
| Aimra Corporation Private Limited | ₹26.69 Cr (FY 2024) | •••• | •••• | 245.0% | •••• | Delhi, India |
| Pay5x Infotech Private Limited | ₹24.9 Cr (FY 2022) | •••• | •••• | •••• | Bareilly, Uttar Pradesh, India | |
| Rupifi Technology Solutions Private Limited this company | ₹24.78 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Bangalore South, Karnataka, India |
| Toucan Payments (India) Private Limited | ₹24.21 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Madhapur, Telangana, India |
| Aceware Fintech Services Private Limited | ₹24.07 Cr (FY 2025) | •••• | •••• | 592.0% | •••• | Ernakulam, Kerala, India |
| Swacpay Solutions Private Limited | ₹24.01 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Hyderabad, Telangana, India |
| Vgamaa Services Private Limited | ₹23.1 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Karnal, Haryana, India |
| Goodluck Technologies Private Limited | ₹22.96 Cr (FY 2025) | •••• | •••• | 459093.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Rupifi Technology Solutions 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.
Board of Directors of Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Jawaid Iqbal | Director | 21 Jan 2020 | 6 Years 8 Months | Current |
| Vishal Vijay Gupta Also directs: Reed India Consulting LLP, Nephrocare Health Services Limited, Hungama Digital Media Entertainment Private Limited and 5 more | Director | 09 Mar 2022 | 4 Years 6 Months | Current |
| Anubhav Jain | Director | 21 Jan 2020 | 6 Years 8 Months | Current |
| Varun Malhotra | Director | 09 Mar 2022 | 4 Years 6 Months | Current |
Charges & Borrowings of Rupifi Technology Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Feb 2024 | Others | ₹8 Cr | Satisfied |
| 26 Feb 2022 | Others | ₹15 Cr | Satisfied |
| 22 Dec 2021 | Others | ₹24 Cr | Satisfied |
| 26 Nov 2021 | Others | ₹27 Cr | Satisfied |
| 20 Sep 2021 | Others | ₹6 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions Private Limited has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹307.09 Cr; the latest was in March 2025.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Secondary share transfer | Undisclosed | Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Quona Capital, Ankur Capital, LogX Ventures, an individual Seller: Angel List, Hidecor Private Limited , 2 individuals |
| May 2021 | Secondary share transfer | Undisclosed | Seller: Hidecor Private Limited , an individual |
| Mar 2020 | Funding round · Pre-seed | ₹3.92 Cr | Investors: Angel List, Hidecor Private Limited , 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Avatar Advisors LLP , 3 individuals Seller: 3 individuals |
Full deal history
All 19 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.
Legal Cases of Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions Private Limited has 57 court cases on record: 52 filed by Rupifi Technology Solutions, 1 filed against it, 4 where it is another party. 18 cases are pending and 39 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 1 | 18 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Okie Ventures Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Okie Ventures Private Limited | Disposed |
| District court, Mancherial, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
Full case history
All 57 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 12 overdue payments to 5 micro and small suppliers. 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ace Payxpress Services Private Limited | •••• | •••• | •••• |
| Workex Solutions and Services Private Limited | •••• | •••• | •••• |
| Karza Technologies Private Limited | •••• | •••• | •••• |
| Drishti-Soft Solutions Private Limited | •••• | •••• | •••• |
| Pamac Finserve Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 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 Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions operates one associated brand: Rupifi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B credit and checkout solutions for SMEs are provided. | rupifi.com |
Employees and EPFO Compliance at Rupifi Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Rupifi Technology Solutions.
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.
CIN History of Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100KA2020PTC206896, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100KA2020PTC206896 | Current |
| U72900DL2020PTC360550 | Previous |
| U65100DL2020PTC360550 | Previous |
Recent Activity on Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Varun Malhotra ceased to be Additional Director on 28 Mar 2022.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rupifi Technology Solutions 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 Rupifi Technology Solutions 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 Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR0352H1ZA | Karnataka | Active | 23 Mar 2021 |
| 07AAKCR0352H1ZG | Delhi | Active | 09 Feb 2020 |
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 Rupifi Technology Solutions 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.
Frequently Asked Questions about Rupifi Technology Solutions Private Limited
Rupifi Technology Solutions is an active private limited company based in Bangalore South, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 21 January 2020 (6+ years old) and is registered under CIN U65100KA2020PTC206896.
Rupifi Technology Solutions reported revenue of ₹24.78 Cr for FY 2025 (down 27% YoY).
Rupifi Technology Solutions has 4 current directors:
- Mohd Jawaid Iqbal - Director
- Vishal Vijay Gupta - Director
- Anubhav Jain - Director
- Varun Malhotra - Director
Rupifi Technology Solutions reported a net loss of ₹22.94 Cr (net margin -92.6%) and EBITDA of -₹15.51 Cr (EBITDA margin -62.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rupifi Technology Solutions is 26% over three years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rupifi Technology Solutions is 29AAKCR0352H1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAKCR0352H1ZG (Delhi).
The CIN (Corporate Identification Number) of Rupifi Technology Solutions is U65100KA2020PTC206896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rupifi Technology Solutions has 57 court cases on record: 52 filed by the company and 1 filed against it. 18 are pending.
Rupifi Technology Solutions was incorporated on 21 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Rupifi Technology Solutions has 19 deals on record (11 funding rounds, 7 secondary share transfers, 1 debt financing), with disclosed funding of ₹307.09 Cr; the latest was in March 2025.
The peers of Rupifi Technology Solutions by revenue are Transaction Analysts (India) Private Limited, Payabhi Payments Private Limited, Excel One Stop Solution Private Limited, Aimra Corporation Private Limited, Pay5x Infotech Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Varun Malhotra ceased to be Additional Director on 28 Mar 2022. Vishal Vijay Gupta ceased to be Additional Director on 28 Mar 2022. Varun Malhotra was appointed as Director on 09 Mar 2022. Rupifi Technology Solutions has 6 board changes on record in total.