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Ajay Upadhyay
About Ajay Upadhyay
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Ajay Upadhyay is a Whole-Time Director at Instantpay India Limited (since 2021), Director at Nutrax Biotech Private Limited (since 2025) and Designated Partner at Onward Ventures Llp (since 2022). The companies operate in Financial Services, Healthcare and Aviation. The largest current company by reported revenue is Instantpay India Limited at ₹71.92 Cr (FY 2025). Earlier, Ajay Upadhyay was a Director at Paramount Payment Solutions Private Limited (2011–2012) and Director at Instantpay Forex Services Private Limited (from 2022).
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Instantpay India Limited U64200DL2010PLC206587 | Whole-Time Director | 22 Nov 2021 | 2010 | ₹71.92 Cr (FY 2025) | Active |
 Nutrax Biotech Private Limited U10790HR2025PTC129449 | Director | 08 Mar 2025 | 2025 | Active | |
| Onward Ventures Llp ABC-9919 | Designated Partner | 11 Nov 2022 | 2022 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| Paramount Payment Solutions Private Limited U52100MP2011PTC026849 | Director | 30 Sep 2011 | 2011 | Strike Off | |
| Instantpay Forex Services Private Limited U65999DL2020PTC360006 | Director | 15 Oct 2022 | 2020 | Strike Off |
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Board colleagues of Ajay Upadhyay
| Name | DIN | Company | Designation |
|---|---|---|---|
| Amol Bhaurao Sonbarse | 08495443 | Instantpay India Limited , Nutrax Biotech Private Limited and 1 more | Whole-Time Director |
| Anil Mahajan | 00003398 | Instantpay India Limited | Director |
| Dhruv Suri | 03092902 | Instantpay India Limited | Director |
| Neha Lakhani | Instantpay India Limited | Company Secretary | |
| Shailendra Agarwal | 03086064 | Instantpay India Limited , Nutrax Biotech Private Limited and 1 more | Managing Director |
| Vimal Kumar Agarwal | 03606014 | Instantpay India Limited | Director |
| Ajay Kumar | 08711340 | Nutrax Biotech Private Limited , Onward Ventures Llp | Director |
Directorship timeline
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Frequently Asked Questions about Ajay Upadhyay
Ajay Upadhyay currently holds 3 directorships: Instantpay India Limited (Whole-Time Director, since 22 Nov 2021, revenue ₹71.92 Cr (FY 2025)); Nutrax Biotech Private Limited (Director, since 08 Mar 2025); Onward Ventures Llp (Designated Partner, since 11 Nov 2022).
Ajay Upadhyay was first appointed on 30 Sep 2011 as Director at Paramount Payment Solutions Private Limited. The most recent appointment on record is 08 Mar 2025 at Nutrax Biotech Private Limited.
Ajay Upadhyay held 2 earlier board appointments: Paramount Payment Solutions Private Limited (Director, 30 Sep 2011 to 09 Feb 2012); Instantpay Forex Services Private Limited (Director, from 15 Oct 2022).
The current boards of Ajay Upadhyay's companies include Amol Bhaurao Sonbarse (Instantpay India Limited), Anil Mahajan (Instantpay India Limited), Dhruv Suri (Instantpay India Limited), Neha Lakhani (Instantpay India Limited), Shailendra Agarwal (Instantpay India Limited), Vimal Kumar Agarwal (Instantpay India Limited), among others.