About Wise Payments India Private Limited
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Wise Payments India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Wise Payments Limited, Uk (Including Nominee). It operates in the business support services segment of the business services sector. It was incorporated on 15 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016FTC274395. Its GSTIN is 27AAFCT7056B1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹59.05 Lakh. It was formerly known as Transferwise India Private Limited. It is led by directors including Partha Sinha and Taneia Bhardwaj.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.95 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹80.7 Lakh (net margin 4.5%) and EBITDA of ₹1.74 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 6 brands, including ContractsWise, SeedWise, BeautyWise, Jobwise, ECM Wise and others. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wise.com.
Company details
Contact details
Wise Payments India Private Limited's registered office is in Mumbai, Maharashtra. Its website is wise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/105 The Capital G – Block Plot C – 70, Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Business Support Services
To see the full contact details of Wise Payments India 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
Wise Payments India operates multiple associated brands including ContractsWise, SeedWise, and BeautyWise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based software for efficient contract and supplier management. | contractswise.com | |
| Hosts a digital marketplace for buying and selling seeds. | seedwise.com | |
| livebeautywise.com | ||
| Original watercolor paintings and art products are created and sold. | jobwise.com | |
| Provider of data management services | ecmwise.com | |
| Cross-border remittances are enabled for individuals and businesses via apps. | wise.com |
Business activity
The main business activities of Wise Payments India are support service to organizations and financial and insurance service. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Wise Payments India Private Limited, buy the company report.
Financials of Wise Payments India Private Limited
FY 2025 filings availableWise Payments India Private Limited reported revenue of ₹17.95 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over three years, including 28% growth in the latest year. EBITDA rose 89% 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 |
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| EBITDA | ₹1.74 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹80.7 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Wise Payments India Private Limited, buy the company report.
Board of directors of Wise Payments India Private Limited
Wise Payments India has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Partha Sinha Also directs: Vaho Forex Private Limited | Director | 28 Dec 2023 | 2 Years 10 Months | Current |
| Taneia Bhardwaj Also directs: Nyaya Research and Impact LLP | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Michael Truong | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Seshadri Kulkarni Also directs: Swishfin Technologies Private Limited, Vaho Forex Private Limited | Director | 25 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Wise Payments India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/ N5000016 |
Shareholding
The shareholding of Wise Payments India 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 Wise Payments India Private Limited, buy the company report.
Legal cases
Wise Payments India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Wise Payments India Private Limited, buy the company report.
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
Wise Payments India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Asit Mehta & Associates LLP |
To see the full MSME payment records of Wise Payments India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Wise Payments India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Wise Payments India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT7056B1ZE | Maharashtra | Active | 09 May 2022 |
To see the full GST registrations and return filing status of Wise Payments India Private Limited, buy the company report.
Recent activity
Wise Payments India Private Limited has 13 board changes on record since 2020: 4 appointments and 9 cessations. The latest: Michael Truong ceased to be Additional Director on 25 Jul 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Wise Payments India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 15 March 2016 (10+ years old) and is registered under CIN U74999MH2016FTC274395.
Wise Payments India has 4 current directors:
- Partha Sinha - Director
- Taneia Bhardwaj - Director
- Michael Truong - Director
- Seshadri Kulkarni - Director
The latest financial statements of Wise Payments India 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 2016 are in the company report.
The GSTIN of Wise Payments India is 27AAFCT7056B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wise Payments India is U74999MH2016FTC274395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wise Payments India has 1 court case on record: 1 filed against it. 1 is pending.
Wise Payments India was incorporated on 15 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Michael Truong ceased to be Additional Director on 25 Jul 2024. Taneia Bhardwaj ceased to be Additional Director on 25 Jul 2024. Michael Truong was appointed as Director on 23 Apr 2024. Wise Payments India has 13 board changes on record in total.
Wise Payments India has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Wise Payments India can be reached through the website wise.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Wise Payments India is at B105 The Capital G – Block Plot C – 70, Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
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