Company Intelligence Profile
India Innovation Incorporation Private Limited
Raipur-based fintech (brands Falcon, Kite Cash, Kite) offering digital payments and embedded-finance solutions; FY24 revenue ~Rs 94 Cr, DPIIT-recognised startup.
CIN: U74220CT2012PTC000633ActiveRoC-ChhattisgarhConfidence: medium-high
Last updated 10 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | India Innovation Incorporation Private Limited |
|---|---|
| CIN | U74220CT2012PTC000633 |
| PAN | AADCI1136R |
| Status |
|
| Listing | Unlisted (private limited company) |
| Incorporated | 04 December 2012 |
| ROC | RoC-Chhattisgarh (Raipur) |
| Sector (NIC) | Financial and insurance services / other financial activities (NIC section K, group ~K8); digital payments & fintech |
| Registered address | 35/75, Punjabi Colony, Katora Talab, Raipur, Chhattisgarh, India, 492001 |
| Authorized capital | Rs 5.01 Cr |
| Paid-up capital | Rs 1.42 Cr |
Business Overview
Confirmed- Fintech company providing digital payment solutions and embedded finance, operating through brands Falcon (fintech/embedded-finance platform), Kite Cash (digital wallet) and Kite (expense management)
- DPIIT-recognised startup
- ~47 employees as of April 2024
Directors & DINs
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Prabhtej Singh Bhatia | 02901462 | Director long tenure, founder. Priyanka Kanwar; Director. Amit Gujral; Nominee Director appointed ~Feb 2025 per TheCompanyCheck. Sources: Tofler DINs, TheCompanyCheck. Confirmed by 2 sources. | - |
Financials
Partial / conflictingAI OverviewGenerated from public records
- FY2023-24 (FY24), standalone (aggregator-reported, not from audited PDF): Operating revenue Rs 94.16 Cr, ~122% / 121.51% YoY growth
- Operating margin 10.24%; net profit margin 13.82% — implies PAT roughly Rs 13 Cr (DERIVED, not directly reported; treat as approximate)
- Borrowings growth 20.68%, assets growth 29.14%
- Absolute EBITDA, PAT, net worth and total borrowings not directly disclosed — "not obtained"
- TheCompanyCheck alternately shows operating revenue in a Rs 75-100 Cr band, consistent with the Rs 94.16 Cr figure
- Standalone vs consolidated not specified by sources; presumed standalone
Charges & Loans
Confirmed- One open charge: Small Industries Development Bank of India (SIDBI) — Rs 10.0 Cr — created/modified 11 December 2024
- Sources: Tofler, TheCompanyCheck (2-source agreement)
Competitors
Partial / conflictingEmbedded
finance / fintech-infrastructure & digital-payments peers: M2P Fintech (large, funded), Decentro (mid), Setu…
the infra/embedded
finance names above are closer in scale/model
Frequently Asked Questions
What does India Innovation Incorporation Private Limited do?
Raipur-based fintech (brands Falcon, Kite Cash, Kite) offering digital payments and embedded-finance solutions; FY24 revenue ~Rs 94 Cr, DPIIT-recognised startup.
What is the CIN of India Innovation Incorporation Private Limited?
The Corporate Identification Number (CIN) of India Innovation Incorporation Private Limited is U74220CT2012PTC000633.
Where is India Innovation Incorporation Private Limited registered?
India Innovation Incorporation Private Limited is registered with RoC-Chhattisgarh (Raipur). Registered address: 35/75, Punjabi Colony, Katora Talab, Raipur, Chhattisgarh, India, 492001
When was India Innovation Incorporation Private Limited incorporated?
India Innovation Incorporation Private Limited was incorporated on 04 December 2012.
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