Company Intelligence Profile
Arthashastra Fintech Private Limited
Mumbai-based fintech that operates the "ePayLater" brand, offering instant BNPL/digital-credit lines (up to ₹25 lakh at 0% interest) to SMEs, retailers and kirana merchants across India.
CIN: U74110MH2015PTC270609Active (per Tofler, updated 10 Jul 2026)Registrar of Companies, Maharashtra (Mumbai) — Tofler & Falconebiz agreeConfidence: medium-high — identity/directors/capital confirmed across 2+ independent sources
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Arthashastra Fintech Private Limited |
|---|---|
| CIN | U74110MH2015PTC270609 |
| PAN | AANCA9521G (Tofler only — single-source, treat as partial) |
| Status | Active (per Tofler, updated 10 Jul 2026) |
| Listing | Unlisted private limited company |
| Incorporated | 01 December 2015 (Tofler, Falconebiz) |
| ROC | Registrar of Companies, Maharashtra (Mumbai) — Tofler & Falconebiz agree |
| Sector (NIC) | Information & Communication — "Other IT consulting services n.e.c., computer programming, consultancy and related activities" (Tofler, Falconebiz). Note: NIC classification is IT/tech services even though actual business is BNPL/SME digital-lending fintech (brand ePayLater). |
| Registered address | 94, 3G, Kalpataru Aura, LBS Marg, Ghatkopar West, Mumbai – 400086, Maharashtra (Tofler, Falconebiz) |
| Authorized capital | ₹5.0 Crore (Tofler, Falconebiz) |
| Paid-up capital | ₹5.91 Lakh (Tofler, Falconebiz) |
Business Overview
Confirmed- Arthashastra Fintech Pvt Ltd operates under the consumer/merchant-facing brand "ePayLater" — a Buy-Now-Pay-Later and short-term digital credit platform
- It gives SMEs, retailers and kirana stores instant credit lines (up to ₹25 lakh, 0% interest, 7/14-day interest-free periods) usable at partner platforms including JioMart, Metro, BigBasket and Flipkart, plus dedicated merchant ("Business Credit") and consumer credit-card-style products via my.epaylater.in / b2r.epaylater.in / merchant.epaylater.in portals
- Recognized as a DPIIT startup
- Registered NIC activity code is filed under IT consulting/computer programming rather than a financial-services code, which is common for early-stage fintechs that began as tech/software entities
- Reported headcount ~75 (as of Mar 2024)
- Company also lists a co-working registered office (91springboard Business Hub, Vikhroli, Mumbai) in its website footer alongside its own registered CIN address — normal for an early-stage fintech using flexible office space
- the site explicitly refers to the operating entity as "AFPL" and uses the founders@epaylater.in email, corroborating the CIN-name match
- Source: epaylater.in, Tofler, Falconebiz, TheCompanyCheck
Directors
ConfirmedConfirmed via Tofler (names+DINs) cross-checked with Falconebiz (names+appointment dates); DIN-to-appointment-date pairing itself is single-sourced per field so treat combined record as partial:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Aurko Bhattacharya | 07301965 | Director since incorporation, 01 Dec 2015 | - |
| Stefan Niels Van Den Berg | 08544688 | Director since 31 Aug 2019 | - |
| Anupam Agarwal | 07174266 | Director since 21 Oct 2020 | - |
| Akshay Dua | 03144843 | Nominee Director since 23 Oct 2021 | - |
Financials
Partial / conflictingPartial / some source conflict on FY labeling:
- Tofler: operating revenue range ₹1 Cr – 100 Cr for FY ended 31 March 2024.
- TheCompanyCheck: revenue ₹16.45 Cr, +11% YoY, labeled "FY 2025" but the same source's own "FY Reference" field says "year ended 31 March 2024 (latest filed)" — likely Indian FY-naming ambiguity (FY24 vs FY25 convention); treat the ₹16.45 Cr figure as the latest filed annual revenue (year ended 31 Mar 2024) with medium confidence.
- EBITDA, PAT, net worth, total borrowings: locked behind premium tiers on both TheCompanyCheck and Falconebiz — not obtained.
- Standalone vs consolidated: not specified in accessible sources.
- Employees: ~75 as of Mar 2024 (Falconebiz/TheCompanyCheck).
Charges & Borrowings
Partial / conflicting- Partial (Falconebiz, TheCompanyCheck): Total open charges ₹15.1 Cr
- satisfied charges ₹4 Cr. Individual charge entries: ₹1 Cr (Aug 2025, open), ₹12 Cr (Mar 2024, open), ₹2.1 Cr (Apr 2019, open), ₹4 Cr (Apr 2024, satisfied)
- Specific lender/charge-holder names not disclosed by these sources (shown only as "Others")
Competitors
Partial / conflicting- Based on general knowledge of the Indian BNPL/SME-digital-credit space (not individually source-verified for this company): LazyPay (PayU) — larger scale consumer+merchant BNPL
- Simpl — consumer BNPL checkout
- Indifi — SME/merchant lending marketplace, larger scale
- Kissht — consumer/merchant BNPL
- Axio (formerly Capital Float) — larger, broader lending NBFC
- Slice — consumer credit, larger scale, unicorn. ePayLater/Arthashastra appears to sit at a smaller/early-mid scale relative to these peers based on its ~₹16 Cr revenue and ~75 employees
Frequently Asked Questions
What does Arthashastra Fintech Private Limited do?
Mumbai-based fintech that operates the "ePayLater" brand, offering instant BNPL/digital-credit lines (up to ₹25 lakh at 0% interest) to SMEs, retailers and kirana merchants across India.
What is the CIN of Arthashastra Fintech Private Limited?
The Corporate Identification Number (CIN) of Arthashastra Fintech Private Limited is U74110MH2015PTC270609.
Where is Arthashastra Fintech Private Limited registered?
Arthashastra Fintech Private Limited is registered with Registrar of Companies, Maharashtra (Mumbai) — Tofler & Falconebiz agree. Registered address: 94, 3G, Kalpataru Aura, LBS Marg, Ghatkopar West, Mumbai – 400086, Maharashtra (Tofler, Falconebiz)
When was Arthashastra Fintech Private Limited incorporated?
Arthashastra Fintech Private Limited was incorporated on 01 December 2015 (Tofler, Falconebiz).
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