Company Intelligence Profile
Arthmatetech Private Limited
Kolkata-based parent holding company of the "Arthmate" fintech/lending-infrastructure group (CIN U74990WB2020PTC242146), whose NBFC subsidiary Arthmate Financing India Pvt Ltd provides embedded credit and lending technology to fintechs and SME anchors.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Arthmatetech Private Limited |
|---|---|
| CIN | U74990WB2020PTC242146 |
| PAN | AALCP6736A — Tofler |
| Status | Active |
| Listing | Unlisted (private limited company; not listed on any stock exchange) — Falconebiz |
| Incorporated | 22 December 2020 — confirmed by Tofler, Falconebiz, TheCompanyCheck |
| ROC | RoC-Kolkata (RoC-Kolkata I / West Bengal) — Tofler, TheCompanyCheck |
| Sector (NIC) | NIC: "Other professional, scientific and technical activities n.e.c." / classified by Tofler as Business Services (Internet / online financial services per Falconebiz) |
| Registered address | Unit No. 11, D1 and D2, 11th Floor, Bengal Eco Intelligent Park, Salt Lake City, Kolkata, West Bengal, India – 700091 (confirmed by 3 sources) |
| Authorized capital | ₹73,00,00,000 (₹73 Crore) — Tofler, Falconebiz, TheCompanyCheck |
| Paid-up capital | ₹20,57,86,080 (~₹20.58 Crore) — Tofler, Falconebiz, TheCompanyCheck |
Business Overview
Partial / conflicting- Arthmatetech Private Limited (formerly PSNNN Consultancy Private Limited, per TheCompanyCheck — a post-incorporation rename, does not affect CIN match) is the Kolkata-based parent/holding entity of the "Arthmate" group
- Per Tofler's director/subsidiary listing, it holds two subsidiaries: (1) Arthmate Financing India Private Limited (CIN U23209WB1994PTC063940, an RBI-registered NBFC formerly named Mamta Projects Private Limited, registered 1994/2003) and (2) Assetlok Tech Private Limited (incorporated 2020, paid-up capital ~₹2.1 Cr)
- The group's public-facing brand "Arthmate" (arthmate.com) describes an embedded finance-as-a-service platform offering cloud-based credit/lending technology, a credit-exchange platform, lending APIs and risk-analytics tools to fintechs, digital platforms and SME anchors — but the website's legal-entity footer names the subsidiary NBFC (Arthmate Financing India Pvt Ltd), not Arthmatetech Pvt Ltd itself, so this description should be read as group/brand-level, not confirmed as Arthmatetech's own standalone activity
- Arthmatetech's own MCA/NIC classification (professional, scientific & technical activities) is consistent with it functioning as the group's technology/holding arm rather than the lending NBFC itself
- DPIIT-recognized as a startup per Falconebiz
Directors
Partial / conflictingConfirmed (≥2 sources — Tofler, Falconebiz, TheCompanyCheck): (1) Baljeet Kaur — DIN 08430395, Director, appointed 15 Dec 2021 (also Managing Director of subsidiary Arthmate Financing India Pvt Ltd per Tofler); (2) Chanakya Chirag Agarwal — DIN 05136288, Director/Additional Director, appointment date reported inconsistently as 24 Sep 2024 (TheCompanyCheck) vs 03 Dec 2024 (Falconebiz) — minor source conflict on exact date. Partial (single source, TheCompanyCheck only): Piyali Deb — DIN 10593914, Company Secretary, appointed 7 Aug 2024. Unconfirmed/likely conflated: an aggregated web-search snippet also surfaced names "Ajay Kumar, Rajeev Uberoi, Nidhi Saraf, Ranjan Kant" as directors — these do NOT appear on Tofler, Falconebiz or TheCompanyCheck's director lists for this CIN and could not be independently verified; they are not reported as confirmed and may reflect conflation with a different Arthmate-group entity or an outdated cache. Treat as not obtained/unverified.
GST
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 19AALCP6736A1ZA | West Bengal | AALCP6736A — Tofler | - |
Partial (single source only, could not be cross-verified on a second independent GSTIN lookup site — knowyourgst.com and mastersindia.co pages both returned 404): Primary GSTIN reported as 19AALCP6736A1ZA, legal name "Arthmatetech Private Limited", state West Bengal (state code 19, consistent with PAN AALCP6736A and registered address), registration date reported as 4 February 2022. Number of registrations: not confirmed beyond this one. Status: not independently confirmed. Given single-source sourcing, treat this GSTIN as unverified/partial rather than confirmed.
Financials
Partial / conflicting- Partial — latest figures are paywalled on free-tier sources
- Per Tofler, latest audited financial year is FY2022-23 (ended 31 March 2023), standalone: Revenue in the band "INR 1 Cr – 100 Cr" (exact figure not obtained, Tofler Pro-gated)
- EBITDA grew +1324.0% YoY
- PAT (net profit) grew +1082.75% YoY
- Net worth grew +105.44% YoY
- Borrowings grew +69.91% YoY (all growth %, absolute ₹ figures not obtained)
- Separately, Falconebiz shows a materially different and unverified figure: FY2024 revenue ₹221.06 Cr (+40% YoY) and 76 employees (EPFO-derived) — this single-source figure could not be corroborated elsewhere and is inconsistent in scale with Tofler's "1-100 Cr" band and with the entity's own ~₹20.58 Cr paid-up capital
- it may reflect conflation with subsidiary Arthmate Financing India Pvt Ltd (which independently shows FY2023-24 revenue band ₹150-200 Cr per Tofler)
- Flagged as an unresolved source conflict — do not treat the ₹221 Cr figure as confirmed for this entity
Charges
Partial / conflicting- Confirmed lender identity, conflicting amounts (source conflict): HDFC Bank Limited holds/held a charge on the company
- Tofler states a charge of ₹1.0 Crore created/modified 30 May 2023
- Falconebiz states an open charge of ₹96.55 Lakh (HDFC Bank Limited) plus satisfied charges of ₹70.45 Lakh
- The two sources disagree on exact amount/status breakdown
- lender (HDFC Bank) and approximate order of magnitude (~₹1 Cr) are corroborated by both
Legal
Partial / conflicting- Indian Kanoon: a direct search for "Arthmatetech" and for the prior name "PSNNN Consultancy Private Limited" returned zero results — no litigation found naming this CIN specifically
- Separately, group/brand-level reporting (Entrackr, Sept 2024, corroborated by an aggregated VCCircle-sourced summary) describes a legal dispute involving the "Arthmate" lending-infrastructure brand: co-founder/former CEO Vihaan Kumar was arrested on 10 June 2024 by Gurugram Police/Economic Offences Wing following a September 2022 complaint by Gameskraft's CFO (FIR registered March 2023) alleging financial irregularities, criminal breach of trust, cheating and forgery, with an alleged ~₹12.15 Cr loss to Gameskraft
- the Supreme Court reportedly ruled in February 2025 that the arrest violated due process
- COO Renu Satti (former Paytm Payments Bank CEO, joined Feb 2024) resigned following the arrest amid a wider staff exodus
- This reporting refers to "Arthmate"/"Arthmate Finance" at the brand/group level
- it was NOT confirmed to name the specific CIN U74990WB2020PTC242146 (Arthmatetech Pvt Ltd) as a party, so it is reported here as important group-context rather than as confirmed litigation against this exact legal entity
Competitors
Partial / conflicting- India-focused embedded-finance / lending-infrastructure and Banking-as-a-Service peers (named, approximate scale tags, not independently scored): Yubi (formerly CredAvenue) — large, unicorn-scale debt-and-lending infra platform
- Perfios — large, profitable fintech-infra/analytics player
- Setu (part of Pine Labs) — mid-large, API/BaaS infra
- Signzy — mid, KYC/lending-decisioning infra
- FinBox — small-mid, credit-infrastructure/embedded-lending SaaS
- Rupifi — small-mid, embedded lending/BNPL-for-SMEs
- Selected on business-model similarity (SaaS/API layer enabling credit and lending for fintechs/digital platforms/SME anchors)
- not independently verified against Arthmate's own investor materials
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