About Setu Payments Private Limited
Data last updated: 23 July 2025
Setu Payments Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Brokentusk Technologies Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It specialised in digital payment solutions, a part of the broader financial services sector. Incorporated on 08 September 2021.
Registered with ROC Bangalore under CIN U72400KA2021PTC151559.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ritesh Khetan and Sahil Ramanath Kini.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Third Floor No. 2/1 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001.
It operated as a subsidiary of Brokentusk Technologies Private Limited.
The company was associated with 1 brand - Setu.
The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk. The last known website on record is setu.co.
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Registered AddressThird Floor No. 2/1 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001
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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 Setu Payments Private Limited
Setu Payments Private Limited operates one associated brand: Setu. These brands represent Setu Payments Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Setu Payments Private Limited
Brands and companies operating in the same space as Setu Payments Private Limited include Stripe, Razorpay, PayU and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
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Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Razorpay
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Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
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Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
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Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Mintoak
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Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Perfios
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Provides financial technology solutions for data analysis and verification globally. | Bengaluru, India, India | 2008 |
IDfy
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Identity verification, background screening, and fraud prevention solutions are provided. | Mumbai, India, India | 2011 |
ACI Worldwide
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Digital payments are processed and managed via specialized solutions. | Omaha, United States, United States | 1975 |
Digio
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Mobile platform offering credit cards | Sao Paulo, Brazil, Brazil | 2016 |
Auditor Details of Setu Payments Private Limited
Setu Payments Private Limited is audited by Guru & Jana 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 |
|---|---|---|---|
| Guru & Jana | Locked | Locked | Locked |
Complete auditor history for Setu Payments 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 Setu Payments Private Limited
Setu Payments Private Limited is currently managed by 3 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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Ritesh Khetan
Also directs:
Anumati Technologies Private Limited, Qfix Infocomm Private Limited, Brokentusk Technologies Private Limited and 1 more
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Director | 22 Jun 2022 | 4 Years 2 Months | As last reported |
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Sahil Ramanath Kini
Also directs:
Reserve Bank Innovation Hub, Agya Technologies Private Limited
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Director | 08 Sep 2021 | 4 Years 11 Months | As last reported |
| Jagriti Bhattacharyya | Director | 22 Jun 2022 | 4 Years 2 Months | As last reported |
Financials of Setu Payments Private Limited FY 2022 filings available
Ten-year financial statements for Setu Payments 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 Setu Payments Private Limited
Shareholding and ownership data for Setu Payments 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 Setu Payments Private Limited
Setu Payments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Setu Payments Private Limited
Setu Payments Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history for Setu Payments 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
Verified entity values are shown only after access is granted.
GST Compliance of Setu Payments Private Limited
GST registrations and filing compliance for Setu Payments 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 Setu Payments Private Limited
Credit ratings, litigation, and regulatory alerts for Setu Payments 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
Verified entity values are shown only after access is granted.
MSME Payment Delays by Setu Payments Private Limited
MSME payment history for Setu Payments 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Setu Payments Private Limited
Corporate group structure for Setu Payments 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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Setu Payments Private Limited
MCA filings and documents for Setu Payments 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 Setu Payments Private Limited
Recent News on Setu Payments Private Limited
Frequently Asked Questions about Setu Payments Private Limited
Setu Payments Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Setu Payments Private Limited is a struck-off private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 08 September 2021 and is registered under CIN U72400KA2021PTC151559. The company has been struck off by the Registrar of Companies and is no longer operational.
The current directors of Setu Payments Private Limited are:
- Ritesh Khetan - Director
- Sahil Ramanath Kini - Director
- Jagriti Bhattacharyya - Director
The CIN (Corporate Identification Number) of Setu Payments Private Limited is U72400KA2021PTC151559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Setu Payments Private Limited is financial services. The company specifically operates in digital payment solutions. The company was active in this sector before being struck off.
The company has its registered office at Third Floor No. 21 Embassy Icon Annexe Infantry Road Bengaluru – 560001, Bangalore, Karnataka, India – 560001.