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.
Last updated 11 August 2026
Arthashastra Fintech Private Limited, based in Mumbai, operates the "ePayLater" brand offering instant Buy-Now-Pay-Later and digital credit lines up to ₹25 lakh at 0% interest to SMEs, retailers, and kirana merchants across India. With reported revenue of ₹16.45 Cr for the year ending March 2024, the company has around 75 employees.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Arthashastra Fintech Private Limited |
|---|---|
| CIN | U74110MH2015PTC270609 |
| PAN | AANCA9521G |
| Status | Active |
| Listing | Unlisted private limited company |
| Incorporated | 01 December 2015 |
| ROC | Registrar of Companies, Maharashtra (Mumbai) — Tofler & Falconebiz agree |
| Sector (NIC) |
|
| Registered address | 94, 3G, Kalpataru Aura, LBS Marg, Ghatkopar West, Mumbai – 400086, Maharashtra |
| Authorized capital | ₹5.0 Crore |
| Paid-up capital | ₹5.91 Lakh |
Business Overview
- 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
Confirmed 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 | 01 Dec 2015 |
| Stefan Niels Van Den Berg | 08544688 | Director | 31 Aug 2019 |
| Anupam Agarwal | 07174266 | Director | 21 Oct 2020 |
| Akshay Dua | 03144843 | Nominee Director | 23 Oct 2021 |
Financials
- 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.
Charges & Borrowings
- 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
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