Ran Ventures acquires Zaggle
RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.
Company lists
Payments banks, online payments, bill payments & wallets, POS & cards, business payments and more: the companies building payments in Maharashtra, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 519 payments companies in Maharashtra, last 24 months: 52 Contracts · 39 M&A deals · 20 funding rounds · 8 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.
RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.
Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…
Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.
Vodacom has invested $28m to upgrade technology for its M-Pesa platform in Tanzania.
Experience Commerce, a full-service digital marketing agency and part of the Cheil SWA Group, has secured the annual social media mandate for Fiat Payments Private Limited (FiatPe)…
Mumbai-based software player and white-label ATM operator Vakrangee Ltd on Saturday said it has entered into a corporate agency arrangement with Bajaj General Insurance Limited to…
Merchant SaaS platform Mintoak is set to raise Rs 80 crore in debt from BlackSoil to fund the acquisition of Dubai-based customer loyalty management platform Innovative Consumer Concepts…
Jio Financial Services Ltd on Friday launched an online marketplace for financial products through its new app JioFinance.
Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments giant Worldline for an estimated equity value of $70 million.
Mintoak ’s $6 million Series A, with backing from Pravega Ventures and PayPal , reinforces a growing truth in fintech: the next generation of winners will likely be boring on the surface…
Fintech platform Jupiter Money has raised ₹115 crore in fresh funding round from existing investors Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. Founder and CEO Jitendra…
Easebuzz announced the launch of Banking Connect IBMB (Interoperable Net & Mobile Banking) at the Global Fintech Festival (GFF) 2025 in Mumbai.
AU Small Finance Bank has announced a strategic partnership with Zaggle Prepaid Ocean Services Ltd, India’s leading spend management company.
the company said it has "entered into an agreement" with Mastercard Asia Pacific Pte. Ltd to launch and promote co-branded domestic prepaid cards on the Mastercard network.
Digital payments major PayU has acquired an additional 27% in Mindgate Solutions, increasing its stake in the Mumbai-based payment processing company to a majority 70%.
PayU, the payments and FinTech arm of Prosus, has increased its stake in Mindgate, an innovator in real-time payments technology, moving from a minority position to a majority…
Jio Reinsurance Ltd will invest an amount of Rs 2.50 lakh towards initial subscription of 25,000 equity shares of…
The company also announced the finalization of the acquisition agreements for Mswipe, a new generation payment solution provider.
In March, ECR said it would buy Maximus for £500,000.
Under the terms of the agreement, Grant Thornton will act as a channel partner, offering Zaggle's flagship Spend Management platform to its roster of corporate clients and large enterprises.
Cyril Amarchand Mangaldas advised PayU Payments Private Limited (“PayU”), the payment and fintech business of Amsterdam-based global consumer internet group and technology investor…
Fellow digital payments company Easebuzz secured $30 million in a round led by Bessemer Venture Partners.
Debt-ridden ATM player AGS Transact Technologies is in talks to sell a majority stake in its digital payment subsidiary India Transact Services (ITSL) to Patanjali group, sources said,…
BRISKPE, a Prosus-backed, Amazon-approved Payment Service Provider (PSP), today announced the launch of ‘BRISKPE Launchpad’.
Mobileware Technologies, a digital payments infrastructure company, has secured Rs 7.25 crore in a strategic investment from Zaggle, bringing the total investment raised to Rs 22.85 crore.
The spend management company had acquired a 26% stake in Mobileware Technologies (now known as ‘86400’) for INR 15.6 Cr in September last year.
Prosus-backed fintech company PayU acquired a 43.5 percent stake in payments infrastructure company Mindgate Solutions for an undisclosed amount.
Reliance's Jio Financial Services has a preliminary agreement with Allianz SE to start an insurance business in India.
Zaggle Prepaid Ocean Services Limited has announced that it has contracted with Strada, HCM and financial management solutions, to deliver a unified payroll and spend management solution…
Zaggle Prepaid Ocean Services Limited, a leading B2B SaaS FinTech company, has announced that it has contracted with Strada, a leader in end-to-end payroll, HCM and financial management…
Browse payments companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 133 payments companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Provider of an online payment gateway platform
Payments₹1,938.48 cr in FY23-24 · net ₹147.43 cr · +567% since FY2014
Filed standalone accounts · Indiaideas Com LimitedUS$185.70m across 3 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Payment processing solutions for merchants
Payments₹2,236.45 cr in FY24-25 · net ₹138.90 cr · +10338% since FY2018
Filed standalone accounts · Sbi Payment Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of metal credit cards with a mobile application interface
Payments₹1,908.51 cr in FY24-25 · net −₹297.57 cr · +183932% since FY2020
Filed standalone accounts · Fpl Technologies Private LimitedUS$262.10m across 8 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of technology solutions and services for banking and financial sectors
Banking tech₹19.39 cr in FY24-25 · net ₹3.05 cr · -55% since FY2018
Filed standalone accounts · Fino Paytech LimitedUS$176.53m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of end-to-end payment processing solutions for merchants and businesses
Payments₹1,093.70 cr in FY23-24 · net −₹66.98 cr · -13% since FY2017
Filed standalone accounts · Ags Transact Technologies LimitedUS$80.99m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment solutions, communication services, and IoT-enabled RFID technologies
Payments₹1,472.35 cr in FY24-25 · net ₹222.21 cr · +397% since FY2018
Filed standalone accounts · Seshaasai Technologies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
Hrtech₹1,327.16 cr in FY24-25 · net ₹87.48 cr · +1501% since FY2017
Filed standalone accounts · Zaggle Prepaid Ocean Services LimitedUS$13.75m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Agent-based payment solutions
Payments₹819.66 cr in FY24-25 · net ₹27.29 lakh · +41780% since FY2020
Filed standalone accounts · Truehost It Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Platform offering digital banking solutions for consumers
Payments₹719.69 cr in FY23-24 · net −₹36.37 cr · +13087% since FY2018
Filed standalone accounts · Nsdl Payments Bank LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

A next-generation online payment gateway that enables transactions across various platforms, channels, and devices
Payments₹726.43 cr in FY24-25 · net −₹22.53 cr · +1881% since FY2017
Filed standalone accounts · Worldline Epayments India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment solutions and software as a service APIs
Payments₹658.96 cr in FY24-25 · net ₹18.78 cr · +41384% since FY2018
Filed standalone accounts · Easebuzz Private LimitedUS$34.00m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of end-to-end ATM outsourcing, digital payment, and platform solutions
Payments₹421.34 cr in FY24-25 · net ₹37.80 lakh · +83% since FY2018
Filed standalone accounts · Electronic Payment And Services Private LimitedUS$43.69m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of technology solutions for loyalty programs, travel, and payments
Loyalty software₹341.49 cr in FY24-25 · net ₹21.69 cr · +3054% since FY2018
Filed standalone accounts · Vernost Tech Ventures Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment technology solutions for retail and online businesses
Payments₹276.82 cr in FY24-25 · net −₹6.71 cr · +2% since FY2024
Filed standalone accounts · Mswipe Technologies Private LimitedUS$125.95m across 9 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment processing software for card issuance and switching
Payments₹330.92 cr in FY24-25 · net ₹29.01 cr · +153% since FY2021
Filed consolidated accounts · In-Solutions Global Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Digital platform providing range of payment and digital banking services
Banking tech₹308.27 cr in FY24-25 · net ₹11.17 cr · +8586% since FY2017
Filed standalone accounts · Nearby Technologies Private LimitedUS$4.55m across 2 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Agent-based platform offering correspondent banking solutions
Payments₹184.94 cr in FY24-25 · net ₹8.16 cr · -97% since FY2018
Filed standalone accounts · Vakrangee LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of omnichannel payment gateway solutions and financial service platform
Payments₹215.12 cr in FY24-25 · net ₹28.26 cr · +144% since FY2018
Filed standalone accounts · Airpay Payment Services Private LimitedUS$3.63m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Agent-enabled payment solution for consumers and businesses
Payments₹203.50 cr in FY24-25 · net ₹53.39 lakh · +73% since FY2023
Filed standalone accounts · Ap Money Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of digital financial services and retail solutions via agent network
Banking tech₹201.94 cr in FY24-25 · net ₹7.72 cr · +410% since FY2018
Filed standalone accounts · Pay Point India Network Private LimitedUS$8.01m across 7 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

A digital payment solution provider offering recharge services for mobile phones, DTH services, and utility bills
Payments₹185.84 cr in FY24-25 · net ₹1.17 cr · +159% since FY2018
Filed standalone accounts · Oye Messenger LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Closed wallet for money transfer and bill payments
Payments₹176.27 cr in FY23-24 · net −₹9.87 cr · +993% since FY2017
Filed standalone accounts · India Transact Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NTT data payment services to boost their businesses
Payments₹166.58 cr in FY24-25 · net ₹4.48 cr · +109% since FY2018
Filed standalone accounts · Ntt Data Payment Services India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Operator of a platform facilitating bill payment across multiple categories
Payments₹164.89 cr in FY24-25 · net ₹23.58 cr · +326% since FY2022
Filed standalone accounts · Npci Bharat Billpay LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial services to the underbanked via online platform
Payments₹157.98 cr in FY24-25 · net ₹1.54 cr · +14907% since FY2020
Filed standalone accounts · Instant Mudra Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment gateway solutions, transaction processing, and data security
Banking techin FY24-25 · net · since FY2018
Filed standalone accounts · Concerto Software & Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Agent-based payment solutions for consumers and businesses
Paymentsin FY24-25 · net · since FY2019
Filed standalone accounts · Instant Global Paytech Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Mobile-based payments processing solutions with QR-code, and virtual POS
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Paramotor Digital Technology LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Fintech firm providing modular payment platforms and IT services
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Vizpay Business Solution Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Digital payments and engagement solutions for MSMEs
Paymentsin FY24-25 · net · since FY2019
Filed standalone accounts · Mintoak Innovations Private LimitedUS$30.64m across 7 disclosed equity rounds
Darker bars = larger rounds



Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of hardware and software solutions for different industries
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Evolute Fintech Innovations Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of B2B compliant payment solutions
Paymentsin FY24-25 · net · since FY2020
Filed standalone accounts · Fcap Technologies Private LimitedUS$3.43m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of banking and finance software solutions as a service
Paymentsin FY23-24 · net · since FY2017
Filed standalone accounts · Finacus Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment platforms and card solutions for various applications
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Paycraft Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of a platform for business spend management and payment solutions
Finance & accounting techin FY24-25 · net · since FY2018
Filed standalone accounts · Nehat Tech Solutions Private LimitedUS$23.50m across 3 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Digital payments for financial services
Paymentsin FY24-25 · net · since FY2021
Filed standalone accounts · 1Pay Mobileware Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Digital payment acceptance solution for businesses
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Jio Payment Solutions LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Agent-based payment platform
PaymentsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Online recharge platform for mobile, DTH, and data card services
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Jri Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Digital payment infrastructure solutions for businesses and institutions
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Maximus Infoware (India) Private LimitedUS$1.53m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of loans, insurance brokerage, and payment services
Alternative lendingin FY22-23 · net · since FY2015
Filed consolidated accounts · Jio Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Payment solutions provider offering a range of digital and cash payment options
Paymentsin FY24-25 · net · since FY2019
Filed standalone accounts · Toshani Premium Digital Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of suite of digital solutions for payments and lending
Paymentsin FY24-25 · net · since FY2017
Filed standalone accounts · Verinite Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

White-label payment gateway solutions
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Touras India Private LimitedUS$6.04m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Payments software development company
Paymentsin FY24-25 · net · since FY2018
Filed standalone accounts · Bnt Soft Private Limited (matched by legal name)
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of educational financing services through integrated fee collection platform for educational institutions
Higher education techin FY24-25 · net · since FY2019
Filed standalone accounts · Grayquest Education Finance Private LimitedUS$19.47m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment gateway services, including invoicing and payment links
Paymentsin FY24-25 · net · since FY2019
Filed standalone accounts · Kopayments Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Diversified payment acceptance solutions for businesses
Paymentsin FY24-25 · net · since FY2020
Filed standalone accounts · Paynext Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of digital payment solutions and corporate expense management tools
Paymentsin FY24-25 · net · since FY2023
Filed standalone accounts · Nu Payment Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of payment gateway and related financial services
Paymentsin FY23-24 · net · since FY2019
Filed standalone accounts · Aggrepay Payments Solutions Private LimitedUS$2.10m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open payments in Maharashtra on RadarBrowse top payments companies in Maharashtra, from payments banks and online payment gateways to bill payment and POS providers. You can also find payments startups in Maharashtra and payment companies that are hiring.
Payments banks, agent-based banking and digital banking platforms.

Provider of technology solutions and services for banking and financial sectors
Banking tech
Platform offering digital banking solutions for consumers
Payments
Digital platform providing range of payment and digital banking services
Banking tech
Agent-based platform offering correspondent banking solutions
Payments
Provider of digital financial services and retail solutions via agent network
Banking techPayment gateways, UPI and online payment processing for businesses.

A next-generation online payment gateway that enables transactions across various platforms, channels, and devices
Payments
Provider of one-click checkout and payment solutions for online businesses
Payments
Mindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.
Payments
Sarvatra Technologies provides integrated payment systems, EFT switching, bankeasy core banking system, mobile apps and merchant services.
Payments
Incorporated in the year 2001, Avenues is a zero-debt company which has been profitable from its inception.
Online business paymentsPlatforms for utility bill payments, recharges and digital wallets.

A digital payment solution provider offering recharge services for mobile phones, DTH services, and utility bills
Payments
Closed wallet for money transfer and bill payments
Payments
Agent-based payment platform
Payments
Online recharge platform for mobile, DTH, and data card services
Payments
Online recharge and bill payment solution for consumers
PaymentsProviders of POS terminals, prepaid and credit cards and card solutions.

Provider of metal credit cards with a mobile application interface
Payments
Provider of payment technology solutions for retail and online businesses
Payments
Provider of hardware and software solutions for different industries
PaymentsProvider of banking and finance software solutions as a service
Payments
Provider of payment platforms and card solutions for various applications
PaymentsTools for corporate payments, expense management, invoicing and reconciliation.

Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
Hrtech
Provider of a platform for business spend management and payment solutions
Finance & accounting tech
Intake-to-pay, corporate cards, and accounts payable automation solutions
Payments
Provider of prepaid cards, UPI payments, mobile recharge, and bill payment
Payments
Provider of automated reconciliation software solutions
Finance & accounting techFraud prevention, risk management and compliance tools for payments.

Cloud based financial fraud solution provider
Security & surveillance technology
Integrated payment solutions for businesses
Payments
Fraud detection solutions
Cybersecurity
AI-enabled financial risk management platform
Regtech
Provider of real-time fraud detection and prevention solutions for financial institutions
Security & surveillance technologyRecently founded payments companies in Maharashtra.

Agent-enabled payment solution for consumers and businesses
Payments
Provider of digital payment solutions and corporate expense management tools
Payments
Provider of fintech companion providing top-notch payment gateway services
Payments
Cloud based financial fraud solution provider
Security & surveillance technology
Provider of diversified payment solutions for businesses
PaymentsPayments companies in Maharashtra with open roles right now.

Provider of payment solutions and software as a service APIs
Payments
Provider of payment technology solutions for retail and online businesses
Payments
Digital platform providing range of payment and digital banking services
Banking tech
Provider of omnichannel payment gateway solutions and financial service platform
Payments
Provider of digital financial services and retail solutions via agent network
Banking techPublicly listed payments companies in Maharashtra.

Provider of end-to-end payment processing solutions for merchants and businesses
Payments
Provider of payment solutions, communication services, and IoT-enabled RFID technologies
Payments
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
Hrtech
Agent-based platform offering correspondent banking solutions
PaymentsProvider of loans, insurance brokerage, and payment services
Alternative lendingThe most-installed Android apps published by payments companies headquartered in Maharashtra — 81.4M installs between them. 71 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U74999PN2019PTC206053CIN U74999MH2016PTC280037CIN U65900MH2016PLC284869CIN U72900MH2018PTC456805CIN U72300MH2011PTC215103CIN U32104MH2007PTC285155Revenue, profit and growth from the filed annual accounts of 111 payments companies in Maharashtra for FY24-25 — 140 of the 345 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 57% of the revenue, so medians describe the typical company better than totals.
111 companies filing accounts
1.0% aggregate margin
59 of 111 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
101 companies with accounts for both years; median growth +25%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Paramotor Digital TechnologyPARAMOTOR DIGITAL TECHNOLOGY LIMITED | ||
| VizPayVIZPAY BUSINESS SOLUTION PRIVATE LIMITED | ||
| EasebuzzEASEBUZZ PRIVATE LIMITED | +127% | ₹658.96 cr |
| Toshani DigitalTOSHANI PREMIUM DIGITAL SERVICES PRIVATE LIMITED | ||
| AtomxATOMX CORPORATION PRIVATE LIMITED | +80% | ₹12.92 cr |
| ZaggleZaggle Prepaid Ocean Services Limited | +69% | ₹1,327.16 cr |
| Company | Margin | Revenue |
|---|---|---|
| MintoakMINTOAK INNOVATIONS PRIVATE LIMITED | ||
| Paramotor Digital TechnologyPARAMOTOR DIGITAL TECHNOLOGY LIMITED | ||
| 1Pay1PAY MOBILEWARE PRIVATE LIMITED | ||
| AurusAURUS TECH PRIVATE LIMITED | 15.8% | |
| Fino PaytechFINO PAYTECH LIMITED | 15.8% | ₹19.39 cr |
| SeshaasaiSESHAASAI TECHNOLOGIES LIMITED | 15.1% | ₹1,472.35 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Payments | 87 | ₹11,236.34 cr | ~₹4.9 cr | 53% | 0.6% |
| Banking tech | 7 | ₹666.03 cr | ~₹19.4 cr | 86% | 4.8% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| SBI Payment ServicesSBI PAYMENT SERVICES PRIVATE LIMITED | ₹2,236.45 cr | ₹138.90 cr | 6.2% | +47% |
| OneCardFPL TECHNOLOGIES PRIVATE LIMITED | ₹1,908.51 cr | −₹297.57 cr | -15.6% | +30% |
| SeshaasaiSESHAASAI TECHNOLOGIES LIMITED | ₹1,472.35 cr | ₹222.21 cr | 15.1% | -6% |
| ZaggleZaggle Prepaid Ocean Services Limited | ₹1,327.16 cr | ₹87.48 cr | 6.6% | +69% |
| RupeebizTRUEHOST IT SERVICES PRIVATE LIMITED | ₹819.66 cr | ₹27.29 lakh | 0.0% | +2% |
| PaynimoWORLDLINE EPAYMENTS INDIA PRIVATE LIMITED | ₹726.43 cr | −₹22.53 cr | -3.1% | +5% |
| EasebuzzEASEBUZZ PRIVATE LIMITED | ₹658.96 cr | ₹18.78 cr | 2.8% | +127% |
| Electronic Payment and ServicesELECTRONIC PAYMENT AND SERVICES PRIVATE LIMITED | ₹421.34 cr | ₹37.80 lakh | 0.1% | -3% |
| VernostVERNOST TECH VENTURES PRIVATE LIMITED | ₹341.49 cr | ₹21.69 cr | 6.4% | -44% |
| PayNearbyNEARBY TECHNOLOGIES PRIVATE LIMITED | ₹308.27 cr | ₹11.17 cr | 3.6% | -17% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
903 recorded equity rounds have gone to 2,854 payments companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.
US$177.58m
US$644.45m
373 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.90bn across 125 rounds.
Equity rounds over the last five years, 519 payments companies in Maharashtra among 2,854 in India.
Each deal appears in the events strip at the top of the page.
64 payments companies in Maharashtra have recorded equity funding, US$1.70bn in total. Totals and round dates describe the historical record; they are not current valuations.
Largest recorded equity totals, with the latest recorded round.
PaymentsProvider of metal credit cards with a mobile application interface



PaymentsPayment processing solutions for merchants
Banking techOnline platform offering a suite of financial services
PaymentsProvider of an online payment gateway platform



Banking techProvider of technology solutions and services for banking and financial sectors
PaymentsProvider of payment technology solutions for retail and online businesses

PaymentsProvider of end-to-end payment processing solutions for merchants and businesses

PaymentsProvider of end-to-end ATM outsourcing, digital payment, and platform solutions

PaymentsOperator of tech-enabled retail outlets providing financial and other services
PaymentsProvider of alumni network platform with banking, rewards, and connection features


PaymentsProvider of payment solutions and software as a service APIs
PaymentsDigital payments and engagement solutions for MSMEs




PaymentsProvider of omnichannel payment solutions and infrastructure for diverse business needs

PaymentsProvider of omnichannel payment gateway and aggregator solutions for businesses
PaymentsProvider of prepaid cards, UPI payments, mobile recharge, and bill payment

PaymentsProvider of digital payment solutions and electronic payment services primarily for individuals and organizations


₹1,908.51 cr in FY24-25 · net −₹297.57 cr · +183932% since FY2020
Filed standalone accounts · Fpl Technologies Private LimitedUS$262.10m across 8 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,236.45 cr in FY24-25 · net ₹138.90 cr · +10338% since FY2018
Filed standalone accounts · Sbi Payment Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$201.39m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,938.48 cr in FY23-24 · net ₹147.43 cr · +567% since FY2014
Filed standalone accounts · Indiaideas Com LimitedUS$185.70m across 3 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.39 cr in FY24-25 · net ₹3.05 cr · -55% since FY2018
Filed standalone accounts · Fino Paytech LimitedUS$176.53m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹276.82 cr in FY24-25 · net −₹6.71 cr · +2% since FY2024
Filed standalone accounts · Mswipe Technologies Private LimitedUS$125.95m across 9 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,093.70 cr in FY23-24 · net −₹66.98 cr · -13% since FY2017
Filed standalone accounts · Ags Transact Technologies LimitedUS$80.99m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹421.34 cr in FY24-25 · net ₹37.80 lakh · +83% since FY2018
Filed standalone accounts · Electronic Payment And Services Private LimitedUS$43.69m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹11.97 cr in FY24-25 · net −₹10.28 cr · -44% since FY2018
Filed standalone accounts · Suvidhaa Infoserve LimitedUS$37.80m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3.69 cr in FY24-25 · net −₹42.68 cr · +1470% since FY2020
Filed standalone accounts · Gajju Technologies Private LimitedUS$35.07m across 5 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹658.96 cr in FY24-25 · net ₹18.78 cr · +41384% since FY2018
Filed standalone accounts · Easebuzz Private LimitedUS$34.00m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Mintoak Innovations Private LimitedUS$30.64m across 7 disclosed equity rounds
Darker bars = larger rounds



Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$27.13m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹107.82 cr in FY24-25 · net · +13952% since FY2018
Filed standalone accounts · Phi Commerce Private LimitedUS$27.13m across 6 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹13.27 cr · -76% since FY2018
Filed standalone accounts · Transerv LimitedUS$26.82m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$25.42m across 4 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Meet the people behind payments companies in Maharashtra. 181 of 345 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Payments companies in Maharashtra with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
PaymentsProvider of business process outsourcing, neo banking, and accounting services
PaymentsProvider of digital payment solutions and corporate expense management tools
K-12 edtechProvider of software for educational institutions to manage fees and admissions
PaymentsFintech firm providing modular payment platforms and IT services

PaymentsMobile-based payments processing solutions with QR-code, and virtual POS
PaymentsProvider of one-click checkout and payment solutions for online businesses
PaymentsAgent-based payment solutions for merchants and retailers
Founders
Details not available
PaymentsProvider of payment solutions and software as a service APIs
PaymentsPayment solutions provider offering a range of digital and cash payment options
Founders
Details not available
PaymentsProvider of fintech companion providing top-notch payment gateway services
Wearable technologyElectronic wallet harnessing NFC technology
Security & surveillance technologyCloud based financial fraud solution provider
₹15.33 cr in FY24-25 · net · since FY2019
Filed standalone accounts · Hatio Innovations Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2023
Filed standalone accounts · Nu Payment Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5.59 cr in FY24-25 · net ₹1.45 cr · +180% since FY2019
Filed standalone accounts · Easytech Innovations Private LimitedUS$213k across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Vizpay Business Solution Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Paramotor Digital Technology LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8.13 cr in FY24-25 · net −₹94.15 lakh · +3496% since FY2022
Filed standalone accounts · Bigital Technologies Private LimitedUS$7.12m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹7.09 cr in FY24-25 · net −₹2.94 cr · since FY2021
Filed standalone accounts · Insta Transfer Biz Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹658.96 cr in FY24-25 · net ₹18.78 cr · +41384% since FY2018
Filed standalone accounts · Easebuzz Private LimitedUS$34.00m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Toshani Premium Digital Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12.92 cr in FY24-25 · net · +1269% since FY2018
Filed standalone accounts · Atomx Corporation Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8.52 cr in FY24-25 · net ₹2.20 cr · since FY2023
Filed standalone accounts · Drona Pay Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
PaymentsProvider of metal credit cards with a mobile application interface



Banking techProvider of digital financial services and retail solutions via agent network

PaymentsAgent-based payment platform
PaymentsWhite-label payment gateway solutions

PaymentsMindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.
Founders
Details not available
PaymentsDeveloper of tap-to-pay solutions for retail, transit, and government payments
PaymentsIt offers various RuPay credit, debit, and prepaid cards
HrtechPlatform designed to streamline business spends, payments, and rewards through automated and innovative workflows

PaymentsPayment processing solutions for merchants
Online business paymentsIncorporated in the year 2001, Avenues is a zero-debt company which has been profitable from its inception.
Founders
Details not available
PaymentsProvider of an online payment gateway platform



PaymentsIt provides comprehensive payment processing solutions
₹1,908.51 cr in FY24-25 · net −₹297.57 cr · +183932% since FY2020
Filed standalone accounts · Fpl Technologies Private LimitedUS$262.10m across 8 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹201.94 cr in FY24-25 · net ₹7.72 cr · +410% since FY2018
Filed standalone accounts · Pay Point India Network Private LimitedUS$8.01m across 7 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Touras India Private LimitedUS$6.04m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹36.13 lakh in FY24-25 · net −₹1.15 cr · +44% since FY2019
Filed standalone accounts · Tap Smart Data Information Services Private LimitedUS$4.73m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,327.16 cr in FY24-25 · net ₹87.48 cr · +1501% since FY2017
Filed standalone accounts · Zaggle Prepaid Ocean Services LimitedUS$13.75m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,236.45 cr in FY24-25 · net ₹138.90 cr · +10338% since FY2018
Filed standalone accounts · Sbi Payment Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,938.48 cr in FY23-24 · net ₹147.43 cr · +567% since FY2014
Filed standalone accounts · Indiaideas Com LimitedUS$185.70m across 3 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +204% since FY2018
Filed standalone accounts · Aurus Tech Private Limited (matched by legal name)
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Payments companies in Maharashtra with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
PaymentsProvider of cross-border payment solutions

PaymentsProvider of payment processing software for card issuance and switching

PaymentsWhite-label payment gateway solutions

Security & surveillance technologyCloud based financial fraud solution provider
K-12 edtechProvider of software for educational institutions to manage fees and admissions
Loyalty softwareProvider of technology solutions for loyalty programs, travel, and payments

PaymentsProvider of end-to-end ATM outsourcing, digital payment, and platform solutions

PaymentsDigital payment infrastructure solutions for businesses and institutions

PaymentsProvider of online payment solution for businesses
PaymentsProvider of payment gateway services, including invoicing and payment links
PaymentsInvoicing and payment solutions for businesses
PaymentsOnline recharge platform for mobile, DTH, and data card services
in FY24-25 · net −₹4.04 cr · +13% since FY2024
Filed standalone accounts · Hiwi Forex Transaction Services Private LimitedUS$3.78m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹330.92 cr in FY24-25 · net ₹29.01 cr · +153% since FY2021
Filed consolidated accounts · In-Solutions Global Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Touras India Private LimitedUS$6.04m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8.52 cr in FY24-25 · net ₹2.20 cr · since FY2023
Filed standalone accounts · Drona Pay Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5.59 cr in FY24-25 · net ₹1.45 cr · +180% since FY2019
Filed standalone accounts · Easytech Innovations Private LimitedUS$213k across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹341.49 cr in FY24-25 · net ₹21.69 cr · +3054% since FY2018
Filed standalone accounts · Vernost Tech Ventures Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹421.34 cr in FY24-25 · net ₹37.80 lakh · +83% since FY2018
Filed standalone accounts · Electronic Payment And Services Private LimitedUS$43.69m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Maximus Infoware (India) Private LimitedUS$1.53m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹1.42 lakh · -97% since FY2021
Filed standalone accounts · Ginger Root Code Factory Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Kopayments Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.27 cr in FY24-25 · net ₹39.23 lakh · +51% since FY2019
Filed standalone accounts · Bizlem Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Jri Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Payments companies in Maharashtra founded in the last four years, newest first.
Property management techProvider of digital solutions for residential rental management and credit building
PaymentsProvider of banking, financial, and payment solutions for businesses
Founders
Details not available
PaymentsProvider of innovative payment solutions for prepaid, debit, and credit cards
PaymentsOnline platform offering a credit card linked UPI payment solution for seamless transactions

PaymentsProvider of rewards card for direct transactions between users through a central website with open API
PaymentsProvider of diversified payment solutions for businesses
Founders
Details not available
PaymentsCross-border payments and money transfer platform


Security & surveillance technologyPayment security solution designed to protect individuals and businesses
Finance & accounting techProvider of account payable solutions for small and medium enterprises
PaymentsA digital payment solutions provider that enables businesses to accept payments online
PaymentsProvider of a platform for automatic rewards using linked payment cards
PaymentsProvider of online and offline payment gateway solutions
Founders
Details not available
₹0.11 lakh in FY24-25 · net −₹3.11 lakh · since FY2021
Filed standalone accounts · Aequitous Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹0.39 lakh in FY24-25 · net −₹10.04 lakh · -92% since FY2023
Filed standalone accounts · Profitag Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹74.61 lakh in FY24-25 · net · since FY2024
Filed standalone accounts · Fab Money Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Provider of loans, insurance brokerage, and payment services
HrtechPlatform designed to streamline business spends, payments, and rewards through automated and innovative workflows

PaymentsProvider of payment solutions and software as a service APIs
PaymentsAgent-based platform offering correspondent banking solutions
PaymentsDigital payment infrastructure solutions for businesses and institutions

PaymentsProvider of end-to-end payment processing solutions for merchants and businesses

PaymentsProvider of metal credit cards with a mobile application interface



Digital remittanceProvider of international payment solutions for businesses and service professionals


PaymentsProvider of payment solutions, communication services, and IoT-enabled RFID technologies
PaymentsProvider of technology to build and launch banking and credit products




Banking techOnline platform offering a suite of financial services
Higher education techProvider of educational financing services through integrated fee collection platform for educational institutions

in FY22-23 · net · since FY2015
Filed consolidated accounts · Jio Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,327.16 cr in FY24-25 · net ₹87.48 cr · +1501% since FY2017
Filed standalone accounts · Zaggle Prepaid Ocean Services LimitedUS$13.75m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹658.96 cr in FY24-25 · net ₹18.78 cr · +41384% since FY2018
Filed standalone accounts · Easebuzz Private LimitedUS$34.00m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹184.94 cr in FY24-25 · net ₹8.16 cr · -97% since FY2018
Filed standalone accounts · Vakrangee LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Maximus Infoware (India) Private LimitedUS$1.53m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,093.70 cr in FY23-24 · net −₹66.98 cr · -13% since FY2017
Filed standalone accounts · Ags Transact Technologies LimitedUS$80.99m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,908.51 cr in FY24-25 · net −₹297.57 cr · +183932% since FY2020
Filed standalone accounts · Fpl Technologies Private LimitedUS$262.10m across 8 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.76 cr in FY24-25 · net −₹12.59 cr · +2288% since FY2024
Filed standalone accounts · Gobrisk Technologies Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,472.35 cr in FY24-25 · net ₹222.21 cr · +397% since FY2018
Filed standalone accounts · Seshaasai Technologies LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4.34 cr in FY24-25 · net −₹18.02 cr · +48% since FY2024
Filed standalone accounts · Vegapay Technology Private LimitedUS$6.60m across 2 disclosed equity rounds
Darker bars = larger rounds



Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$201.39m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Grayquest Education Finance Private LimitedUS$19.47m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among payments companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.
28 payments companies in Maharashtra work in banking tech. Shown: the best-documented.
PaymentsProvider of technology to build and launch banking and credit products




Banking techDigital platform providing range of payment and digital banking services
Security & surveillance technologyCloud based financial fraud solution provider
Banking techProvider of payment gateway solutions, transaction processing, and data security
Banking techWhite-label payment solutions for banks and merchants

Banking techProvider of digital financial services and retail solutions via agent network

PaymentsProvider of suite of digital solutions for payments and lending

PaymentsProvider of end-to-end ATM outsourcing, digital payment, and platform solutions

PaymentsDigital payment infrastructure solutions for businesses and institutions

Banking techWhite-labeled digital payment platform
Banking techProvider of technology solutions and services for banking and financial sectors
Provider of banking and finance software solutions as a service

₹4.34 cr in FY24-25 · net −₹18.02 cr · +48% since FY2024
Filed standalone accounts · Vegapay Technology Private LimitedUS$6.60m across 2 disclosed equity rounds
Darker bars = larger rounds



Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹308.27 cr in FY24-25 · net ₹11.17 cr · +8586% since FY2017
Filed standalone accounts · Nearby Technologies Private LimitedUS$4.55m across 2 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8.52 cr in FY24-25 · net ₹2.20 cr · since FY2023
Filed standalone accounts · Drona Pay Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Concerto Software & Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹3.79 lakh · +159599% since FY2018
Filed standalone accounts · Northakross Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹201.94 cr in FY24-25 · net ₹7.72 cr · +410% since FY2018
Filed standalone accounts · Pay Point India Network Private LimitedUS$8.01m across 7 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Verinite Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹421.34 cr in FY24-25 · net ₹37.80 lakh · +83% since FY2018
Filed standalone accounts · Electronic Payment And Services Private LimitedUS$43.69m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Maximus Infoware (India) Private LimitedUS$1.53m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹3.72 cr · -89% since FY2018
Filed standalone accounts · Boson Systems Private LimitedUS$4.03m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.39 cr in FY24-25 · net ₹3.05 cr · -55% since FY2018
Filed standalone accounts · Fino Paytech LimitedUS$176.53m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net · since FY2017
Filed standalone accounts · Finacus Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
16 payments companies in Maharashtra work in business payments solutions. Shown: the best-documented.
PaymentsMindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.
Founders
Details not available
PaymentsSarvatra Technologies provides integrated payment systems, EFT switching, bankeasy core banking system, mobile apps and merchant services.
Founders
Details not available
Online business paymentsIncorporated in the year 2001, Avenues is a zero-debt company which has been profitable from its inception.
Founders
Details not available
PaymentsGlobal PayEx is a B2B fintech company.
Founders
Details not available
PaymentsOne Wallet helps small merchants of India to operate the business from their mobile phone and collect bills online.
Founders
Details not available
PaymentsPayment Solutions for Indian Enterprise
Founders
Details not available
PaymentsWe provide multi-channel payment gateway integration for India, Payment Links which can be shared on Whatsapp, Messenger, Email and more.
Founders
Details not available
PaymentsPayTonic - Pay Any Mobile Number.
Founders
Details not available
PaymentsTmw Biz provides customized UPI and Bharat QR based plug and plays payment solutions for businesses.
Founders
Details not available
PaymentsIdeopay is a fintech platform that facilitates financial services to the merchant sector.
Founders
Details not available
PaymentsMy Entity is a mobile application to create digital cards for businesses and employees.
Founders
Details not available
PaymentsTransaction driven discovery platform for products and services
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Focus: Secure banking transaction processing with interactive kiosks and biometric multi‑level authentication
CPC G06Q20/3278, G06Q20/34, G06Q20/4014Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
16 payments companies in Maharashtra work in commerce enablers. Shown: the best-documented.
PaymentsMindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.
Founders
Details not available
PaymentsSarvatra Technologies provides integrated payment systems, EFT switching, bankeasy core banking system, mobile apps and merchant services.
Founders
Details not available
Online business paymentsIncorporated in the year 2001, Avenues is a zero-debt company which has been profitable from its inception.
Founders
Details not available
PaymentsGlobal PayEx is a B2B fintech company.
Founders
Details not available
PaymentsOne Wallet helps small merchants of India to operate the business from their mobile phone and collect bills online.
Founders
Details not available
PaymentsPayment Solutions for Indian Enterprise
Founders
Details not available
PaymentsWe provide multi-channel payment gateway integration for India, Payment Links which can be shared on Whatsapp, Messenger, Email and more.
Founders
Details not available
PaymentsPayTonic - Pay Any Mobile Number.
Founders
Details not available
PaymentsTmw Biz provides customized UPI and Bharat QR based plug and plays payment solutions for businesses.
Founders
Details not available
PaymentsIdeopay is a fintech platform that facilitates financial services to the merchant sector.
Founders
Details not available
PaymentsMy Entity is a mobile application to create digital cards for businesses and employees.
Founders
Details not available
PaymentsTransaction driven discovery platform for products and services
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Focus: Secure banking transaction processing with interactive kiosks and biometric multi‑level authentication
CPC G06Q20/3278, G06Q20/34, G06Q20/4014Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
14 payments companies in Maharashtra work in finance & accounting tech. Shown: the best-documented.
Finance & accounting techProvider of a platform for business spend management and payment solutions
Finance & accounting techProvider of automated reconciliation software solutions
HrtechPlatform designed to streamline business spends, payments, and rewards through automated and innovative workflows

PaymentsIntake-to-pay, corporate cards, and accounts payable automation solutions

PaymentsProvider of AI-driven financial automation platform for manufacturers and dealers

PaymentsInvoicing and payment solutions for businesses
PaymentsSoftware-based platform for expense management solutions

PaymentsProvider of white label prepaid cards solutions
Finance & accounting techProvider of fintech solutions for automating B2B payments and compliance. It offers a unified platform to streamline accounts receivables and payables processes. The platform facilitates digital payment links, automated payment reminders, and invoice reconciliation. Additionally, it provides tools for managing e-invoices, e-way bills, and GST data. Integration with various ERPs and bank accounts is supported, enabling seamless automation of the purchase-to-pay cycle and access to working capital. The solution aims to improve cash flow and simplify financial operations for businesses.
Finance & accounting techDeveloper of a payment collection application and API ecosystem

Finance & accounting techProvider of account payable solutions for small and medium enterprises
Finance & accounting techOnline invoice management solution
in FY24-25 · net · since FY2018
Filed standalone accounts · Nehat Tech Solutions Private LimitedUS$23.50m across 3 disclosed equity rounds
Darker bars = larger rounds


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.53 cr in FY24-25 · net −₹18.95 lakh · +9469% since FY2018
Filed standalone accounts · Cointab Software Private LimitedUS$155k across 3 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,327.16 cr in FY24-25 · net ₹87.48 cr · +1501% since FY2017
Filed standalone accounts · Zaggle Prepaid Ocean Services LimitedUS$13.75m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹4.46 cr · +1722% since FY2021
Filed standalone accounts · Kodo Technologies Private LimitedUS$9.57m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.50 cr in FY24-25 · net · +488% since FY2023
Filed standalone accounts · Fundflo Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.27 cr in FY24-25 · net ₹39.23 lakh · +51% since FY2019
Filed standalone accounts · Bizlem Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹27.46 lakh in FY24-25 · net −₹20.93 lakh · since FY2023
Filed standalone accounts · Inscite Fintech Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +623% since FY2018
Filed standalone accounts · Paymint Global Payment Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net −₹0.34 lakh · -34% since FY2017
Filed standalone accounts · Gladiris Technologies Private LimitedUS$593k across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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