
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.
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.
Company details
Recognitions & Rankings of Tyche Payment Solutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0055964
Contact details
Tyche Payment Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is tychepayment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 9/11 Palaykaran Street Kalaimangal Nagar Ekkathuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Tyche Payment Solutions Private Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tyche Payment Solutions Private Limited, buy the company report.
Financials of Tyche Payment Solutions Private Limited
FY 2025 filings availableTyche Payment Solutions Private Limited reported revenue of ₹2.76 Cr (up 175% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Tyche Payment Solutions Private Limited, buy the company report.
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 |
Auditor
Tyche Payment Solutions Private Limited is audited by V CMV & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V CMV & Associates LLP | FY 2023 | 017772S/0S200143 |
Shareholding
The shareholding of Tyche Payment Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tyche Payment Solutions Private Limited, buy the company report.
Deals & funding
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 |
To see the full deal history of Tyche Payment Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tyche Payment Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tyche Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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.
Employees & EPFO
Tyche Payment Solutions Private Limited has a workforce of 22 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Tyche Payment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCT9403K1Z6 | Tamil Nadu | Active | 08 Oct 2018 |
To see the full GST registrations and return filing status of Tyche Payment Solutions Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Chandrasekaran Saravanan - Whole-Time Director
- Santhosh Chandrasekaran - Director
The latest financial statements of Tyche Payment Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
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.
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.
Yes, Tyche Payment Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tyche Payment Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0055964).