Paymate India

₹475.00

0.00% 03 Mar 2026

Listing Status: Active

paymate.in

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Key Metrics of PayMate

Market Cap 2,739.33 Cr.
Total Equity Funding$59M in 11 rounds
Latest Funding Round$2M, Series E Jul 19, 2024
Post Money Valuation$954M as on Jul 19, 2024
Annual Revenue₹1,344 Cr
EBITDA₹-46 Cr
EBITDA Margin-3.46%
Net Profit₹49 Cr (Loss)
Net Profit Margin-3.64%

About the Company

Provider of automated platform for managing business-to-business payments and credit. The platform offers tools for automating vendor payments, managing cash...

Price on BSE Volume

Funding Rounds

Total Rounds: 11 Paymate

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Jul 19, 2024	Series E	$2M	$276.8M	Inst: Manahfamilycorpus Angel: Anil, Yenduri, Gaurav
2.	May 21, 2024	Angel	$864.4K	$288.6M	Angel: Darbari, Siddharth, Jitendra, Vivek, Tushar, Divaspati, Vinita, Shikhar, Sahil, Bhavnaben, Palak
3.	Feb 22, 2023	Series E	$2.8M	$167.9M	Inst: Caress Beauty Care Products, Clarion, Vanshika Chemicals, Intellectualpartners, CXI Valley I Angel: G Adhiseshann
4.	Mar 5, 2022	Series E	$2.5M	$162.3M	Inst: Astor Management, CXI Valley I, Felicitas Global Partners Angel: Fahad
5.	Dec 9, 2021	Series D	$2.6M	$133.5M	Inst: Brand Capital
6.	Aug 24, 2021	Series D	$4M	$95.1M	Inst: Felicitas Global Partners, CXI Valley I, Astor Management
7.	Apr 23, 2019	Series D	$25M	$33.5M	Inst: Recruit Strategic Partners, Brand Capital, Visa, Mayfair 101
8.	Oct 12, 2017	Series C	$2.5M	$6.7M	Inst: IPO Wealth
9.	Sep 15, 2014	Series B	$2.4M	$0.8M	Inst: Lightbox
10.	Jun 10, 2008	Series B	$9M	-	Inst: Sherpalo Ventures, Mayfield, Kleiner Perkins, Murugan Capital Angel: G Adhiseshann, Anand
11.	Jul 7, 2006	Series A	$5M	-	Inst: Sherpalo Ventures, Kleiner Perkins, Murugan Capital

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

FY 13-14

Detailed Income Statement

FY 23-24 (in Cr)

1,344.0

1,342.5

Total revenue from operations finance company

Other income

1.5

1,392.9

Cost of materials consumed

1,341.3

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

36.2

Finance costs

0.1

2.2

13.1

Consumption of stores and spare parts

Power and fuel

Rent

0.3

Repairs to building

Repairs to machinery

Insurance

0.4

0.3

Travelling conveyance

0.8

Legal professional charges

4.2

Directors sitting fees

Advertising promotional expenses

2.3

Impairment loss on financial assets

Impairment loss on non financial assets

Cost transportation

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.6

Miscellaneous expenses

3.5

Bank charges

0.1

CSR expenditure

Cost repairs maintenance other assets

0.0

Subscriptions Membership Fees

0.0

Telephone postage

0.3

Electricity expenses

0.0

Discount issue shares debentures written off

Total profit before exceptional items, extraordinary items and tax

(48.9)

Total profit before tax

(48.9)

Total profit (loss) for period from continuing operations

(48.9)

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(48.9)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 23-24 (in Cr)

59.5

(14.1)

73.6

2.6

71.0

59.5

2.2

1.1

1.2

57.3

Detailed Cash Flow Statement	FY 23-24 (in Cr)
Net cash from / (used in) operating activities	(12.5)
Net cash from / (used in) investing activities	(1.0)
Net cash from / (used) in financing activities	18.9
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	5.5
Net increase / (decrease) in cash and cash equivalents	5.5
Cash and cash equivalents at the beginning of the year	0.7
Cash and cash equivalents at the end of the year	6.2

Detailed Income Statement

FY 22-23 (in Cr)

1,351.6

1,350.1

Total revenue from operations finance company

Other income

1.5

1,407.3

Cost of materials consumed

1,339.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

50.5

Finance costs

0.5

2.2

15.2

Consumption of stores and spare parts

Power and fuel

Rent

0.3

Repairs to building

Repairs to machinery

Insurance

0.3

0.7

Travelling conveyance

1.0

Legal professional charges

6.7

Directors sitting fees

Advertising promotional expenses

1.4

Impairment loss on financial assets

Impairment loss on non financial assets

Cost transportation

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.6

Miscellaneous expenses

3.6

Bank charges

0.1

CSR expenditure

Cost repairs maintenance other assets

0.2

Subscriptions Membership Fees

0.1

Telephone postage

0.2

Electricity expenses

0.0

Discount issue shares debentures written off

Total profit before exceptional items, extraordinary items and tax

(55.7)

Total profit before tax

(55.7)

Total profit (loss) for period from continuing operations

(55.7)

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(55.7)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 22-23 (in Cr)

60.1

17.3

42.8

2.3

40.5

60.1

3.6

2.9

0.7

56.5

Detailed Cash Flow Statement	FY 22-23 (in Cr)
Net cash from / (used in) operating activities	(13.5)
Net cash from / (used in) investing activities	0.2
Net cash from / (used) in financing activities	12.4
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(0.9)
Net increase / (decrease) in cash and cash equivalents	(0.9)
Cash and cash equivalents at the beginning of the year	1.6
Cash and cash equivalents at the end of the year	0.7

Detailed Income Statement

FY 21-22 (in Cr)

1,209.2

1,208.9

Total revenue from operations finance company

Other income

0.3

1,267.0

Cost of materials consumed

1,207.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

49.7

Finance costs

0.3

2.3

7.3

Consumption of stores and spare parts

Power and fuel

Rent

0.0

Repairs to building

Repairs to machinery

Insurance

0.1

1.1

Travelling conveyance

0.3

Legal professional charges

1.1

Directors sitting fees

Advertising promotional expenses

0.4

Impairment loss on financial assets

Impairment loss on non financial assets

Cost transportation

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.4

Miscellaneous expenses

3.4

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Subscriptions Membership Fees

0.0

Telephone postage

0.2

Electricity expenses

0.0

Discount issue shares debentures written off

Total profit before exceptional items, extraordinary items and tax

(57.7)

Total profit before tax

(57.7)

Total profit (loss) for period from continuing operations

(57.7)

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(57.7)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 21-22 (in Cr)

60.3

46.4

14.0

2.3

11.6

60.3

5.4

4.8

0.6

54.9

Detailed Cash Flow Statement	FY 21-22 (in Cr)
Net cash from / (used in) operating activities	(64.1)
Net cash from / (used in) investing activities	0.6
Net cash from / (used) in financing activities	62.1
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(1.4)
Net increase / (decrease) in cash and cash equivalents	(1.4)
Cash and cash equivalents at the beginning of the year	3.0
Cash and cash equivalents at the end of the year	1.6

Detailed Income Statement

FY 20-21 (in Cr)

349.0

377.1

Cost of materials consumed

348.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

22.4

Finance costs

0.2

2.3

3.7

Consumption of stores and spare parts

Power and fuel

Rent

0.0

Repairs to building

Repairs to machinery

Insurance

0.0

Travelling conveyance

0.2

Legal professional charges

1.7

Directors sitting fees

Advertising promotional expenses

0.1

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.1

Miscellaneous expenses

1.4

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.1

Subscriptions Membership Fees

Telephone postage

0.1

Electricity expenses

0.0

Total profit before exceptional items, extraordinary items and tax

(28.1)

Total profit before tax

(28.1)

Total tax expense

Total profit (loss) for period from continuing operations

(28.1)

Total profit (loss) for period

(28.1)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 20-21 (in Cr)

23.8

17.2

6.6

2.5

4.1

23.8

7.4

6.7

0.7

16.4

Detailed Cash Flow Statement	FY 20-21 (in Cr)
Net cash from / (used in) operating activities	(12.8)
Net cash from / (used in) investing activities	5.7
Net cash from / (used) in financing activities	(0.5)
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(7.7)
Net increase / (decrease) in cash and cash equivalents	(7.7)
Cash and cash equivalents at the beginning of the year	10.7
Cash and cash equivalents at the end of the year	3.0

Detailed Income Statement

FY 19-20 (in Cr)

217.3

242.7

Cost of materials consumed

220.6

Employee benefit expense

13.1

Finance costs

0.3

1.7

6.9

Rent	1.2
Insurance	0
Total rates and taxes excluding taxes on income	0
Subscriptions membership fees	0
Electricity expenses	0.1
Telephone postage	0
Information technology expenses	0.4
Travelling conveyance	0.8
Legal professional charges	2.4
Bank charges	0
Advertising promotional expenses	0
Cost repairs maintenance other assets	0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset	0
Total payments to auditor	0.1
Miscellaneous expenses	2.0

Total profit before prior period items, exceptional items, extraordinary items and tax

(25.4)

Prior period items before tax

Total profit before extraordinary items and tax

(25.4)

Extraordinary items before tax

Total profit before tax

(25.4)

Total profit (loss) for period from continuing operations

(25.4)

Detailed Balance Sheet

FY 19-20 (in Cr)

43.3

11.2

32.1

43.3

29.4

Share application money pending allotment

7.4

6.5

0.8

5.7

Detailed Cash Flow Statement	FY 19-20 (in Cr)
Cash flow from operating activities	(42.2)
Net cash from/(used in) operating activities	(42.2)
Cash flow from investing activities	(0.2)
Net cash from/(used in) investing activities	(0.2)
Cash flow from financing activities	55.3
Net cash from/(used) in financing activities	55.3
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes	13.0
Effect of exchange rate changes on cash and cash equivalents	0
Net increase /(decrease) in cash and cash equivalents	13.0
Cash and cash equivalents at the beginning of the year	3.5
Cash and cash equivalents at the end of the year	16.5

Detailed Income Statement

FY 18-19 (in Cr)

236.0

243.9

Cost of materials consumed

230.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

7.1

Finance costs

0.1

0.2

6.0

Consumption of stores and spare parts

Power and fuel

Rent

0.9

Repairs to building

Repairs to machinery

Insurance

Rates and taxes excluding taxes on income

Information technology expenses

0.3

Travelling conveyance

0.7

Legal professional charges

3.3

Directors sitting fees

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

0.7

CSR expenditure

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(7.9)

Total profit before extraordinary items and tax

(7.9)

Total profit before tax

(7.9)

Total profit (loss) for period from continuing operations

(7.9)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(7.9)

Profit (loss) of minority interest

Total profit (loss) for period

(7.9)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 18-19 (in Cr)

57.7

(3.7)

61.3

0.6

60.8

57.7

0.6

57.1

Detailed Cash Flow Statement	FY 18-19 (in Cr)
Cash flow from operating activities	(6.3)
Net cash from / (used in) operating activities	(6.3)
Cash flow from investing activities	(0.3)
Net cash from / (used in) investing activities	(0.3)
Cash flow from financing activities	9.0
Net cash from / (used) in financing activities	9.0
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	2.3
Net increase / (decrease) in cash and cash equivalents	2.3
Cash and cash equivalents at the beginning of the year	1.1
Cash and cash equivalents at the end of the year	3.5

Detailed Income Statement

FY 17-18 (in Cr)

55.6

61.1

Cost of materials consumed

51.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

4.9

Finance costs

0.2

0.3

4.7

Consumption of stores and spare parts

Power and fuel

Rent

0.6

Repairs to building

Repairs to machinery

Insurance

Rates and taxes excluding taxes on income

Information technology expenses

0.1

Travelling conveyance

0.3

Legal professional charges

2.6

Directors sitting fees

Advertising promotional expenses

0.1

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

0.8

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.1

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(5.6)

Total profit before extraordinary items and tax

(5.6)

Total profit before tax

(5.6)

Total profit (loss) for period from continuing operations

(5.6)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(5.6)

Profit (loss) of minority interest

Total profit (loss) for period

(5.6)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 17-18 (in Cr)

13.6

(5.8)

19.4

0.3

19.0

13.6

0.4

13.2

Detailed Cash Flow Statement	FY 17-18 (in Cr)
Cash flow from operating activities	(7.0)
Net cash from / (used in) operating activities	(7.0)
Cash flow from investing activities	(0.1)
Net cash from / (used in) investing activities	(0.1)
Cash flow from financing activities	7.4
Net cash from / (used) in financing activities	7.4
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	0.3
Net increase / (decrease) in cash and cash equivalents	0.3
Cash and cash equivalents at the beginning of the year	0.8
Cash and cash equivalents at the end of the year	1.1

Detailed Income Statement

FY 16-17 (in Cr)

27.4

32.8

Cost of materials consumed

24.3

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

4.5

Finance costs

0.3

3.4

Consumption of stores and spare parts

Power and fuel

Rent

0.5

Repairs to building

Repairs to machinery

Insurance

Rates and taxes excluding taxes on income

Information technology expenses

0.1

Travelling conveyance

0.4

Legal professional charges

1.5

Directors sitting fees

Advertising promotional expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

0.6

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.1

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(5.4)

Total profit before extraordinary items and tax

(5.4)

Total profit before tax

(5.4)

Total profit (loss) for period from continuing operations

(5.4)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(5.4)

Profit (loss) of minority interest

Total profit (loss) for period

(5.4)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 16-17 (in Cr)

7.3

(6.6)

13.9

0.3

13.6

7.3

0.5

6.9

Detailed Cash Flow Statement	FY 16-17 (in Cr)
Cash flow from operating activities	(6.0)
Net cash from / (used in) operating activities	(6.0)
Cash flow from investing activities	0.1
Net cash from / (used in) investing activities	0.1
Cash flow from financing activities	2.0
Net cash from / (used) in financing activities	2.0
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(3.9)
Net increase / (decrease) in cash and cash equivalents	(3.9)
Cash and cash equivalents at the beginning of the year	4.7
Cash and cash equivalents at the end of the year	0.8

Detailed Income Statement

FY 15-16 (in Cr)

19.5

26.2

Cost of materials consumed

17.2

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

4.5

Finance costs

0.1

0.3

4.1

Consumption of stores and spare parts

Power and fuel

Rent

0.5

Repairs to building

Repairs to machinery

Insurance

Rates and taxes excluding taxes on income

Information technology expenses

0.0

Travelling conveyance

0.6

Legal professional charges

2.4

Directors sitting fees

Advertising promotional expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

0.4

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.1

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(6.7)

Total profit before extraordinary items and tax

(6.7)

Extraordinary items before tax

(0.3)

Total profit before tax

(7.1)

Total profit (loss) for period from continuing operations

(7.1)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(7.1)

Profit (loss) of minority interest

Total profit (loss) for period

(7.1)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 15-16 (in Cr)

12.8

(1.2)

14.0

0.3

13.7

12.8

0.8

12.0

Detailed Cash Flow Statement	FY 15-16 (in Cr)
Cash flow from operating activities	(2.8)
Net cash from / (used in) operating activities	(2.8)
Cash flow from investing activities	(0.3)
Net cash from / (used in) investing activities	(0.3)
Cash flow from financing activities	0.3
Net cash from / (used) in financing activities	0.3
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(2.8)
Net increase / (decrease) in cash and cash equivalents	(2.8)
Cash and cash equivalents at the beginning of the year	7.8
Cash and cash equivalents at the end of the year	4.7

Detailed Income Statement

FY 14-15 (in Cr)

7.6

11.5

Cost of materials consumed

5.2

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

3.2

Finance costs

0.3

2.6

Consumption of stores and spare parts

Power and fuel

Rent

Repairs to building

Repairs to machinery

Insurance

Rates and taxes excluding taxes on income

Information technology expenses

0.1

Travelling conveyance

0.4

Legal professional charges

0.8

Directors sitting fees

Advertising promotional expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

1.1

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.1

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(3.9)

Prior period items before tax

(0.0)

Total profit before extraordinary items and tax

(4.0)

Total profit before tax

(4.0)

Total profit (loss) for period from continuing operations

(4.0)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(4.0)

Profit (loss) of minority interest

Total profit (loss) for period

(4.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 14-15 (in Cr)

15.0

3.0

12.0

0.2

11.8

15.0

0.8

14.3

Detailed Cash Flow Statement	FY 14-15 (in Cr)
Cash flow from operating activities	(4.5)
Net cash from / (used in) operating activities	(4.5)
Cash flow from investing activities	(0.1)
Net cash from / (used in) investing activities	(0.1)
Cash flow from financing activities	12.4
Net cash from / (used) in financing activities	12.4
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	7.7
Net increase / (decrease) in cash and cash equivalents	7.7
Cash and cash equivalents at the beginning of the year	0.2
Cash and cash equivalents at the end of the year	7.9

Detailed Income Statement

FY 13-14 (in Cr)

1.6

5.2

Cost of materials consumed

0.6

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

2.0

Finance costs

0.1

0.8

1.8

Consumption of stores and spare parts

Power and fuel

Rent

Repairs to building

Repairs to machinery

Insurance

0.0

Rates and taxes excluding taxes on income

Information technology expenses

0.1

Travelling conveyance

0.1

Legal professional charges

0.2

Directors sitting fees

Advertising promotional expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

1.1

Bank charges

0.0

CSR expenditure

Cost repairs maintenance other assets

0.0

Telephone postage

0.1

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(3.6)

Prior period items before tax

Total profit before extraordinary items and tax

(3.6)

Total profit before tax

(3.6)

Total profit (loss) for period from continuing operations

(3.6)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) for period before minority interest

(3.6)

Profit (loss) of minority interest

Total profit (loss) for period

(3.6)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 13-14 (in Cr)

4.0

(7.4)

11.4

0.3

11.1

4.0

1.4

2.6

Detailed Cash Flow Statement	FY 13-14 (in Cr)
Cash flow from operating activities	(1.5)
Net cash from / (used in) operating activities	(1.5)
Cash flow from investing activities	(0.0)
Net cash from / (used in) investing activities	(0.0)
Cash flow from financing activities	1.0
Net cash from / (used) in financing activities	1.0
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(0.5)
Net increase / (decrease) in cash and cash equivalents	(0.5)
Cash and cash equivalents at the beginning of the year	0.7
Cash and cash equivalents at the end of the year	0.2

Shareholding Pattern

As of Mar 31, 2024 • Paymate

Total Shares 119.14M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Ajay Adiseshann	Founder	33.03M	27.72%
Lightbox Ventures I	Fund	31.29M	26.27%
ESOP Pool Available	ESOP Pool	11.70M	9.82%
ESOP Pool Exercised	ESOP Pool	7.87M	6.61%
Probir Roy	Founder	6.33M	5.31%

#	Shareholder	Category	Shares (Mn)	% Holding
1	Ajay Adiseshann	Founder	33.03M	27.72%
2	Lightbox Ventures I	Fund	31.29M	26.27%
3	ESOP Pool Available	ESOP Pool	11.70M	9.82%
4	ESOP Pool Exercised	ESOP Pool	7.87M	6.61%
5	Probir Roy	Founder	6.33M	5.31%
6	IPO Wealth	Enterprise	4.18M	3.51%
7	Mayfield Fund FVCI Ltd	Fund	3.85M	3.23%
8	Visa	Enterprise	3.37M	2.83%
9	Alex Kuruvilla	Other People	3.26M	2.74%
10	Cxi Valley I Llc	Fund	3.09M	2.60%
11	Bennett Coleman and Company Limited	Fund	1.80M	1.51%
12	Anand Rajaraman	Angel	1.37M	1.15%
13	101 Investments Limited	Fund	1.35M	1.13%
14	Felicitas Secondary Fund Ii Lp	Fund	0.99M	0.83%
15	Rajat Yadav	Other People	0.96M	0.80%
16	Astor Management	Enterprise	0.81M	0.68%
17	Vishvanathan Subramanian	Angel	0.78M	0.65%
18	RSP India Fund LLC	Fund	0.67M	0.57%
19	G Adhiseshann Adhiseshann	Founder	0.67M	0.56%
20	Other Investors	Other Investors	0.45M	0.38%
21	Pallavi Chadha	Other People	0.17M	0.14%
22	Vikram Bose	Other People	0.17M	0.14%
23	Samuel Fernandes	Angel	0.16M	0.13%
24	India Emerging Private Equity	Enterprise	0.09M	0.08%
25	Shubham Tiwari	Other People	0.09M	0.07%
26	Felicitas Equity Fund Lp	Fund	0.08M	0.07%
27	Fahad Saud	Angel	0.07M	0.06%
28	Koushik N	Other People	0.05M	0.04%
29	Almas Ali	Other People	0.04M	0.04%
30	Jazaib Nomani	Other People	0.04M	0.04%
31	Veerabhadra Patil	Other People	0.03M	0.03%
32	Caress Beauty Care Products	Enterprise	0.03M	0.03%
33	Clarion	Enterprise	0.03M	0.03%
34	Ranjit Gupta	Other People	0.02M	0.02%
35	Santhosh Devaiah	Other People	0.02M	0.02%
36	Vemuri Kumar	Other People	0.02M	0.02%
37	Mandeep Singh	Other People	0.02M	0.02%
38	Guneet Kaur	Other People	0.02M	0.02%
39	Subir Mehra	Other People	0.02M	0.02%
40	Mohandeep Singh	Other People	0.02M	0.02%
41	Nayantara Patkar	Other People	0.02M	0.02%
42	Vanshika Chemicals	Enterprise	0.02M	0.01%
43	Intellectualpartners	Enterprise	0.02M	0.01%
44	Jitendra Kumar	Other People	0.01M	0.01%
45	Anjana Vishvanathan	Angel	0.01M	0.01%
46	Shivank Vishvanathan	Other People	0.01M	0.01%
47	Bernard Saldhana	Other People	0.01M	0.01%
48	Nar Saraf	Other People	0.01M	0.00%
49	Ajay Menon	Other People	0.01M	0.00%
50	Sanjay Varnwal	Other People	0.00M	0.00%
51	Ishani Roy	Other People	0.00M	0.00%
52	Rajendra Bagade	Other People	0.00M	0.00%
53	Nandita Saldanha	Other People	0.00M	0.00%
54	Aarti Ramchandani	Other People	0.00M	0.00%
55	Kardamsteels	Enterprise	0.00M	0.00%
56	Gaurav Sharma	Other People	0.00M	0.00%
57	Gautam Salecha	Other People	0.00M	0.00%
58	Pradeep Khandelwal	Other People	0.00M	0.00%
59	Sarita Coutinho	Other People	0.00M	0.00%
60	Mahesh Matta	Other People	0.00M	0.00%
61	Dilip Khushalani	Other People	0.00M	0.00%
62	Poonam Raikwar	Other People	0.00M	0.00%
63	Remya N	Other People	0.00M	0.00%
64	Chintan Khatri	Other People	0.00M	0.00%
65	Meghana Balaji	Other People	0.00M	0.00%
66	Upendra Kulkarni	Other People	0.00M	0.00%
67	Jagadishbhai Brahmabhatt	Other People	0.00M	0.00%
68	Prakash Nagpal	Other People	0.00M	0.00%
69	Nikki Gala	Other People	0.00M	0.00%
70	Nitin Menon	Other People	0.00M	0.00%
71	Vivek Menon	Other People	0.00M	0.00%
72	Prasannan Damodaran	Other People	0.00M	0.00%
73	Amaresh Tripathy	Other People	0.00M	0.00%
74	Palak Singhal	Other People	0.00M	0.00%
75	Ajay Varghese	Other People	0.00M	0.00%
76	Satyajit Chakraborty	Other People	0.00M	0.00%
77	Agyeya Sharma	Angel	0.00M	0.00%
78	Ahinsainvestmentadvisers	Enterprise	0.00M	0.00%
	Total		119.14M	100%