Simple Payments Private Limited
About Simple Payments Private Limited
Data last updated: 22 February 2026
Simple Payments Private Limited is a private limited company based in Bangalore South, Karnataka, India. It specialises in online payment gateways, a part of the broader financial services sector. Incorporated on 10 November 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U74999KA2020PTC140878.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aurang Baig and Thanudi Balaraj Nithesh.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: No.131 Second Floor 6Th C Main Road 4Th Block Jayanagar Bangalore Karnataka, Bangalore South, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.88 Lakh, a decline of 28% compared to the previous year.
The company is associated with 1 brand - Simple Payments.
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Registered AddressNo.131 Second Floor 6Th C Main Road 4Th Block Jayanagar Bangalore Karnataka, Bangalore South, Karnataka, India – 560011
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IndustryFinancial Services, Online Payment Gateways
- 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 Simple Payments Private Limited
Simple Payments Private Limited operates one associated brand: Simple Payments. These brands represent Simple Payments Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive online payment solutions tailored for businesses. | simplepayments.in |
Competitors & Alternatives of Simple Payments Private Limited
Brands and companies operating in the same space as Simple Payments Private Limited include Stripe, Razorpay, PayU and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
|
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
|
Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
|
Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
HighRadius
|
Autonomous finance and payment solutions are provided to businesses. | Houston, United States, United States | 2006 |
ACI Worldwide
|
Digital payments are processed and managed via specialized solutions. | Omaha, United States, United States | 1975 |
Airpay
|
An integrated omnichannel platform for financial services is provided. | Mumbai, India, India | 2012 |
Business Activity of Simple Payments Private Limited
Simple Payments 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 Simple Payments 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.
Board of Directors of Simple Payments Private Limited
Simple Payments Private Limited is currently managed by 2 directors, with 4 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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Aurang Baig
Also directs:
Poltergeist Pay Technologies Private Limited
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Additional Director | 28 Mar 2024 | 2 Years 3 Months | Current |
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Thanudi Balaraj Nithesh
Also directs:
Shreesainik Consulting Private Limited
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Additional Director | 12 Dec 2024 | 1 Years 7 Months | Current |
Financials of Simple Payments Private Limited FY 2024 filings available
Simple Payments Private Limited reported revenue of ₹2.88 Lakh (down 28.00% YoY) for FY 2024.
Ten-year financial statements for Simple 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 Simple Payments Private Limited
Shareholding and ownership data for Simple 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 Simple Payments Private Limited
Simple Payments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Simple Payments Private Limited
Simple Payments Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history for Simple 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 Simple Payments Private Limited
GST registrations and filing compliance for Simple 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 Simple Payments Private Limited
Credit ratings, litigation, and regulatory alerts for Simple 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 Simple Payments Private Limited
MSME payment history for Simple 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 Simple Payments Private Limited
Corporate group structure for Simple 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 Simple Payments Private Limited
MCA filings and documents for Simple 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 Simple Payments Private Limited
Frequently Asked Questions about Simple Payments Private Limited
Simple Payments Private Limited is an active private limited company in the financial services sector based in Bangalore South, Karnataka, India. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U74999KA2020PTC140878.
Simple Payments Private Limited reported revenue of ₹2.88 Lakh for FY 2024 (down 28.00% YoY).
The current directors of Simple Payments Private Limited are:
- Aurang Baig - Additional Director
- Thanudi Balaraj Nithesh - Additional Director
The primary industry of Simple Payments Private Limited is financial services. The company specifically operates in online payment gateways. The company is currently active in this sector.
Simple Payments Private Limited can be reached at the registered office: No.131 Second Floor 6Th C Main Road 4Th Block Jayanagar Bangalore Karnataka, Bangalore South, Karnataka, India – 560011.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.