Company Intelligence Profile
FCAP Technologies Private Limited
FCAP Technologies Private Limited is the legal entity operating the consumer/SME-facing fintech brand "BharatNXT" (web.bharatnxt.in), a B2B payments platform that lets SMEs pay vendors, rent, utility bills and GST dues using credit cards with extended payment windows (45-60 days), earning a service
CIN: U72900HR2018PTC076851ActiveRoC Haryana at time of incorporation under CIN U72900HR2018PTC076851 (Gurgaon registered office). Sources dated 2025-26 (Falconebiz, TheCompanyCheck) show the same entity now carrying CIN U72900MH2018PTC456805 (RoC Mumbai), listing U72900HR2018PTC076851 explicitly as its "Previous CIN" — consistent with a registered-office shift from Haryana to Maharashtra. Same PAN (AADCF5593K), same incorporation date, and same two directors/DINs appear under both CINs, so this is treated as one continuous entity, not entity confusion.Confidence: medium-high — identity
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 | FCAP Technologies Private Limited |
|---|---|
| CIN | U72900HR2018PTC076851 |
| PAN | AADCF5593K (Tofler; corroborated by GSTIN 27AADCF5593K1Z5 on Masters India/GST records — confirmed) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 12 November 2018 |
| ROC | RoC Haryana at time of incorporation under CIN U72900HR2018PTC076851 (Gurgaon registered office). Sources dated 2025-26 (Falconebiz, TheCompanyCheck) show the same entity now carrying CIN U72900MH2018PTC456805 (RoC Mumbai), listing U72900HR2018PTC076851 explicitly as its "Previous CIN" — consistent with a registered-office shift from Haryana to Maharashtra. Same PAN (AADCF5593K), same incorporation date, and same two directors/DINs appear under both CINs, so this is treated as one continuous entity, not entity confusion. |
| Sector (NIC) | Information & Communication — "Other IT design and development services for applications n.e.c." / "Other computer related activities" (NIC/CIN prefix U72900). Business is fintech/B2B payments in practice (see overview). |
| Registered address | Original (Haryana CIN): 1412-A, Beverly Park 2, DLF Phase 2, MG Road, Gurgaon, Haryana - 122002 (Tofler, ZaubaCorp listing). Current (per Maharashtra CIN, 2025-26 filings): Awfis Building, 10th Floor, R City Offices, Adjoining R City Mall, Lal Bahadur Shastri Marg, Ghatkopar West, Mumbai, Maharashtra - 400086 (Falconebiz, TheCompanyCheck). |
| Authorized capital | ₹10,00,000 (₹10 lakh) — consistent across Tofler, Falconebiz, TheCompanyCheck |
| Paid-up capital | ₹3,86,130 (~₹3.86 lakh) — consistent across all three sources |
Business Overview
Confirmed- FCAP Technologies Private Limited is the legal entity operating the consumer/SME-facing fintech brand "BharatNXT" (web.bharatnxt.in), a B2B payments platform that lets SMEs pay vendors, rent, utility bills and GST dues using credit cards with extended payment windows (45-60 days), earning a service fee for routing the credit-card-funded payment to the supplier's bank account
- Per Forbes India, the founders (Akshat Birla and Aljo Joseph) earlier built "Finovate Capital", a supply-chain financing platform, under the same corporate entity, before pivoting to the BharatNXT product in May 2022 — Finovate Capital and BharatNXT are both brands of this one company, not separate group entities
- As of the 2023 reporting cited by Forbes India, BharatNXT had 5 lakh+ app downloads and ~1.2 lakh monthly transactions
- team size was reported at 41 employees (Aug 2025) / 22 EPFO-registered employees (Mar 2024) by Falconebiz
- FY2025 (year ended 31 Mar 2025) revenue is reported at ~₹99.78 crore, up 54% YoY (Falconebiz, TheCompanyCheck — both agree, confirmed)
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Akshat Birla | 08276732 | Director, appointed 12 Nov 2018 also CEO per Forbes India. | 12 Nov 2018 |
GST Registration
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AADCF5593K1Z5 | Maharashtra | AADCF5593K (Tofler; corroborated by GSTIN 27AADCF5593K1Z5 on Masters India/GST records — confirmed) | Active |
Primary GSTIN: 27AADCF5593K1Z5 (Maharashtra) — Legal name FCAP Technologies Private Limited; registered 26 Dec 2018; taxpayer type Regular; status Active; jurisdiction Mumbai Suburban, Maharashtra; principal place of business R City Offices, Ghatkopar West, Mumbai 400086 (Masters India GST search, corroborated by piceapp.com — confirmed). PAN embedded in GSTIN (AADCF5593K) matches Tofler's PAN — confirmed. Only one GSTIN registration identified (home state Maharashtra); no other state GSTINs were found in the sources checked, so multi-state registration count is "not obtained" beyond this one.
Financials
Partial / conflicting- FY2025 (year ended 31 Mar 2025): Revenue ~₹50-100 Cr band, specifically cited as ₹99.78 Cr with 54% YoY growth (Falconebiz and TheCompanyCheck agree — confirmed)
- EBITDA and PAT: locked behind paywall on both sources — "not obtained"
- Net worth: not obtained
- Total borrowings: ₹2.5 Cr (see charges below)
- Standalone vs consolidated not explicitly stated by sources, but no subsidiaries were identified, so figures are presumed standalone
- Last balance sheet date 31 Mar 2025
- last AGM 30 Sept 2025 (Falconebiz, TheCompanyCheck)
Funding
Partial / conflicting- BharatNXT (the operating brand of this entity) has raised a total of ~$3.43M across 6 rounds from a reported 78 investors (Tracxn, via WebSearch synthesis — partial, not independently re-verified on Tracxn directly)
- Seed round (2022): $1.2M from Keiretsu Forum, Spiral Ventures, IPV, and Panthera Peak Capital
- Other cited investors/angels: Singularity Ventures, Ravi Sud (ex-CFO, Hero MotoCorp), Naresh Naik (IREP Capital), Sid Shanker (ex-Deliveroo Singapore GM), and ~64 angel investors including Pankaj Mehta (Forbes India, YourStory/Tracxn snippets)
- No priced Series A/B or unicorn-round names found
- Treat round-name/investor list as partial confidence (single-source aggregation, Tracxn-derived)
Charges & Borrowings
Partial / conflicting- Per Falconebiz and TheCompanyCheck (2 sources, confirmed): one open charge of ₹2.5 Cr registered 28 March 2025 (chargeholder recorded only as "Others")
- one satisfied charge of ₹1 Cr, satisfied 25 January 2024
- Total open borrowings ≈ ₹2.5 Cr. Chargeholder identity/lender name not disclosed in accessible content — not obtained
Competitors
Partial / conflicting- SME/B2B card-payment space: EnKash (corporate cards/expense management, larger enterprise-skewed scale), Volopay (corporate cards + expense management, SEA/India), PayMate (enterprise B2B payments, listed on NSE — larger scale), NeoGrowth (SME lending/fintech, larger AUM), Credilio (fintech distribution)
- Adjacent but more retail/enterprise-skewed per Forbes India: Cred, RedGiraffe, Paymatrix (credit-card rent/bill payment for individuals/enterprises rather than SME-specific)
- BharatNXT/FCAP is described in its own marketing as the sole platform purpose-built for SME B2B card payments, a smaller, earlier-stage player (~₹100 Cr revenue) versus the largercap peers listed
Frequently Asked Questions
What does FCAP Technologies Private Limited do?
FCAP Technologies Private Limited is the legal entity operating the consumer/SME-facing fintech brand "BharatNXT" (web.bharatnxt.in), a B2B payments platform that lets SMEs pay vendors, rent, utility bills and GST dues using credit cards with extended payment windows (45-60 days), earning a service
What is the CIN of FCAP Technologies Private Limited?
The Corporate Identification Number (CIN) of FCAP Technologies Private Limited is U72900HR2018PTC076851.
Where is FCAP Technologies Private Limited registered?
FCAP Technologies Private Limited is registered with RoC Haryana at time of incorporation under CIN U72900HR2018PTC076851 (Gurgaon registered office). Sources dated 2025-26 (Falconebiz, TheCompanyCheck) show the same entity now carrying CIN U72900MH2018PTC456805 (RoC Mumbai), listing U72900HR2018PTC076851 explicitly as its "Previous CIN" — consistent with a registered-office shift from Haryana to Maharashtra. Same PAN (AADCF5593K), same incorporation date, and same two directors/DINs appear under both CINs, so this is treated as one continuous entity, not entity confusion.. Registered address: Original (Haryana CIN): 1412-A, Beverly Park 2, DLF Phase 2, MG Road, Gurgaon, Haryana - 122002 (Tofler, ZaubaCorp listing). Current (per Maharashtra CIN, 2025-26 filings): Awfis Building, 10th Floor, R City Offices, Adjoining R City Mall, Lal Bahadur Shastri Marg, Ghatkopar West, Mumbai, Maharashtra - 400086 (Falconebiz, TheCompanyCheck)..
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