Company Intelligence Profile
Trustmore Technologies Private Limited
Gurugram-based fintech (est. 2015) providing India's digital escrow account infrastructure and payment-support/settlement solutions under the brand Escrowpay.
CIN: U70102HR2015PTC056344ActiveRoC HaryanaConfidence: high for identity/directors/GST/funding
Last updated 17 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 | Trustmore Technologies Private Limited |
|---|---|
| CIN | U70102HR2015PTC056344 |
| PAN | AAGCB4195E |
| Status |
|
| Listing |
|
| Incorporated | 10 August 2015 |
| ROC | RoC Haryana |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹11,00,000 (₹11 lakh) |
| Paid-up capital | ₹1,57,300 (₹1.57 lakh) |
Business Overview
Confirmed- Trustmore Technologies Pvt Ltd operates under the brand "Escrowpay" (and parent brand "Trustmore"), providing India's digital escrow account infrastructure and payment-support/settlement solutions for online transactions (e.g., real-estate, marketplace and B2B payment escrow), positioned as India's first digital escrow technology provider (founded 2015), partnering with banks to enable escrow-based fund settlement
- Sources: company press (Elets BFSI), Inc42, Tofler/TheCompanyCheck business descriptions
- The company reportedly has a wholly-owned subsidiary in Amsterdam, Netherlands
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ashwin Chawwla | 01836676 | Managing Director & Co-founder | 10 Aug 2015 |
| Subhrangshu Neogi | 07938113 | Whole-time Director & Co-founder | - |
| Brijesh Thakkar | 07440088 | Nominee Director | 12 Apr 2018 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 06AAGCB4195E1ZR | Haryana | AAGCB4195E (Tofler) | - |
Primary GSTIN: 06AAGCB4195E1ZR (Haryana, state code 06) — matches company PAN AAGCB4195E, confirmed via WebSearch aggregation citing EasyLeadz. Individual knowyourgst.com GSTIN lookup page could not be scraped for live status (page returned generic tool description, not live data — status/registration-date/taxpayer-type "not obtained"). Number of GST registrations beyond Haryana: not obtained (no second state confirmed).
Financials
Partial / conflicting- Two partially consistent, non-identical figures found (standalone ROC-filed financials): (a) TheCompanyCheck: FY2025 (year ended 31 Mar 2025) revenue ₹1.12 crore, +8% YoY
- EBITDA and PAT locked behind paywall — not obtained
- AGM held 25 Sep 2025
- compliance status "Active Compliant." (b) Inc42: FY24 revenue ₹1.0 crore, +4% YoY. These two are roughly consistent trend-wise (FY24 ₹1.0cr -> FY25 ₹1.12cr fits an ~8-12% YoY growth path) but are not from the same source, so treated as partial/unconfirmed for exact figures
- Net worth, borrowings: open charges/loans registered with RoC = NONE
- EBITDA, PAT, net worth: not obtained
Funding
Confirmed- Total funding: USD 10.75 million across 4 rounds
- Latest round: Series A (extended), ~USD 6 million closed of a targeted USD 15 million, with an additional USD 4 million raised via warrants — round ongoing/closed around 26–27 December 2023
- Investors named: Tano India Opportunities Fund (lead), Zenith Global Group, We Founder Circle, JB Ventures, AngelList, Inflection Point Ventures, Chhattisgarh Investments, plus individuals Kavita Neogi and Brijesh Thakkar
- Sources: Inc42 (2 articles), WebSearch aggregation citing Tracxn/PitchBook/Crunchbase for round count — Tracxn/PitchBook/Crunchbase pages themselves not directly scraped, so exact per-round dates/amounts beyond the Dec-2023 Series A are partial
Charges/Loans
Partial / conflicting- No open charges/loans registered with the Registrar of Companies, per TheCompanyCheck ("Trustmore Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies")
- Single-source; treated as confirmed absence pending a second corroborating source
Competitors
Confirmed- Stripe, Razorpay, PayU, Pine Labs, Mintoak, ACI Worldwide, Airpay, Flutterwave, HighRadius — cited as competitor set by TheCompanyCheck
- Scale tag: Trustmore/Escrowpay is a small, early-stage niche player versus these much larger, VC/PE-scaled or public payments infrastructure companies (Razorpay/Pine Labs/Stripe are unicorn/large-scale; PayU/ACI Worldwide/Flutterwave are large multinational payment platforms) — Trustmore's actual direct-comparison niche (digital escrow specifically) is narrower than general payments players; closer niche peers would be other escrow-services providers, but none were separately named in available sources
Frequently Asked Questions
What does Trustmore Technologies Private Limited do?
Gurugram-based fintech (est. 2015) providing India's digital escrow account infrastructure and payment-support/settlement solutions under the brand Escrowpay.
What is the CIN of Trustmore Technologies Private Limited?
The Corporate Identification Number (CIN) of Trustmore Technologies Private Limited is U70102HR2015PTC056344.
Where is Trustmore Technologies Private Limited registered?
Trustmore Technologies Private Limited is registered with RoC Haryana (TheCompanyCheck says "Registrar of Companies, ROC Delhi" in one summary, but company address and RoC-Haryana designation on Tofler/thecompanycheck detail pages agree the operative RoC is…. Registered address: Tower-B, 16th Floor, Emaar Digital Greens, Unit No.
When was Trustmore Technologies Private Limited incorporated?
Trustmore Technologies Private Limited was incorporated on 10 August 2015 (Tofler, TheCompanyCheck — agree).
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