
About Tyche Payment Solutions Private Limited
Data last updated:
Tyche Payment Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 25 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC124832. Its GSTIN is 33AAGCT9403K1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.24 Cr. It is led by directors Chandrasekaran Saravanan (Whole-Time Director) and Santhosh Chandrasekaran.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 9/11 Palaykaran Street Kalaimangal Nagar Ekkathuthangal, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.65 Cr (net margin -60%) and EBITDA of -₹1.32 Cr (EBITDA margin -47.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 40% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tyche. The company has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.32 Cr; the latest was in March 2023. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Oma Digital Solutions Private Limited with revenue of ₹2.86 Cr.
Tyche Payment Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0055964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tychepayment.com.
Recognitions & Rankings of Tyche Payment Solutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0055964
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 9/11 Palaykaran Street Kalaimangal Nagar Ekkathuthangal, Chennai, Tamil Nadu, India – 600032
- 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
Associated Brands with Tyche Payment Solutions Private Limited
Tyche Payment Solutions operates one associated brand: Tyche. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payment gateway & POS solutions | tychepayment.com |
Business Activity of Tyche Payment Solutions Private Limited
The main business activity of Tyche Payment Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Tyche Payment Solutions Private Limited FY 2025 filings available
Tyche Payment Solutions Private Limited reported revenue of ₹2.76 Cr (up 175% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tyche Payment Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 175% growth in the latest year. EBITDA rose 35% 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 Tyche Payment 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 | -₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.65 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 Tyche Payment Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -60% | •••• | •••• | •••• | •••• |
| 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 Tyche Payment Solutions are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Tyche Payment Solutions Private Limited
Tyche Payment Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Saravanan | Whole-Time Director | 25 Sep 2018 | 8 Years 0 Months | Current |
| Santhosh Chandrasekaran | Director | 25 Sep 2018 | 8 Years 0 Months | Current |
Peer Comparison of Tyche Payment Solutions Private Limited
Tyche Payment 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 |
|---|---|---|---|---|---|---|
| Oma Digital Solutions Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Mirrorinfo Tech Private Limited | ₹2.86 Cr (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Bmddigital Pay Private Limited | ₹2.78 Cr (FY 2024) | •••• | •••• | 677.0% | •••• | Burdwan, West Bengal, India |
| A2zpay E-Services Private Limited | ₹2.78 Cr (FY 2025) | •••• | •••• | 299.0% | •••• | Haridwar, Uttarakhand, India |
| Sec2pay India E-Services Private Limited | ₹2.78 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Aurangabad, Maharashtra, India |
| Tyche Payment Solutions Private Limited this company | ₹2.76 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | Chennai, Tamil Nadu, India |
| Navi Payment Technologies Private Limited | ₹2.7 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Paysall Digital Private Limited | ₹2.7 Cr (FY 2024) | •••• | •••• | 1462.0% | •••• | Surat, Gujarat, India |
| Payswap Fintech Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Jaipur, Rajasthan, India |
| Electrum Fintech Solutions Private Limited | ₹2.52 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Stylopay Private Limited | ₹2.44 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Tyche Payment 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.
Auditor Details of Tyche Payment Solutions Private Limited
Tyche Payment Solutions Private Limited is audited by V CMV & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V CMV & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tyche Payment Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tyche Payment Solutions Private Limited
Tyche Payment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Tyche Payment Solutions Private Limited
Tyche Payment Solutions Private Limited has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.32 Cr; the latest was in March 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹12.6 Lakh | Investors: 2 individuals |
| Mar 2023 | Funding round | ₹38.1 Lakh | Investors: 2 individuals |
| Sep 2022 | Rights issue | ₹33 Lakh | Investors: 4 individuals |
| Mar 2021 | Rights issue | ₹6.39 Cr | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 7 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.
Employees and EPFO Compliance at Tyche Payment Solutions Private Limited
Tyche Payment Solutions Private Limited has a workforce of 22 employees as of Apr 01, 2024.
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.
Group Structure of Tyche Payment Solutions Private Limited
Tyche Payment Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Tyche Payment Solutions Private Limited
Tyche Payment Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Chandrasekaran Saravanan ceased to be Director on 16 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Tyche Payment 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.
MSME Payment Delays by Tyche Payment Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Tyche Payment 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 Tyche Payment Solutions Private Limited
Tyche Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT9403K1Z6 | Tamil Nadu | Active | 08 Oct 2018 |
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 Tyche Payment 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 Tyche Payment Solutions Private Limited
Tyche Payment Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 25 September 2018 (8+ years old) and is registered under CIN U74999TN2018PTC124832.
Tyche Payment Solutions reported revenue of ₹2.76 Cr for FY 2025 (up 175% YoY).
Tyche Payment Solutions has 2 current directors:
- Chandrasekaran Saravanan - Whole-Time Director
- Santhosh Chandrasekaran - Director
Tyche Payment Solutions reported a net loss of ₹1.65 Cr (net margin -60%) and EBITDA of -₹1.32 Cr (EBITDA margin -47.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tyche Payment Solutions is -26% over three years and 40% over five years. In the latest year (FY 2025) revenue rose 175%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tyche Payment Solutions is 33AAGCT9403K1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Tyche Payment Solutions is U74999TN2018PTC124832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tyche Payment Solutions was incorporated on 25 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Tyche Payment Solutions has 7 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.32 Cr; the latest was in March 2023.
The peers of Tyche Payment Solutions by revenue are Oma Digital Solutions Private Limited, Mirrorinfo Tech Private Limited, Bmddigital Pay Private Limited, A2zpay E-Services Private Limited, Sec2pay India E-Services Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Chandrasekaran Saravanan ceased to be Director on 16 Dec 2019. Chandrasekaran Saravanan was appointed as Whole-Time Director on 25 Sep 2018. Santhosh Chandrasekaran was appointed as Director on 25 Sep 2018.