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Seshaasai - About the company

Seshaasai is a public company based in Mumbai (India), founded in 1993 by Pragnyat Lalwani and Seshaasai. It operates as a Provider of payment solutions, communication services, and IoT-enabled RFID technologies. The company has 61 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like MobileMONEY, Atomx and INAMO.

Company Details

Provider of payment solutions, communication services, and IoT-enabled RFID technologies. It offers a comprehensive suite of payment products, including smart cards, metal cards, and merchant QR solutions, alongside secure banking instruments. In communication and fulfillment, services encompass print and digital communications, inventory management systems, and integrated logistics management. The company's IoT solutions leverage RFID technology for retail automation, supply chain management, and applications across various sectors like healthcare and renewable energy. These solutions provide traceability and automation capabilities. It also manufactures SIM and eSIM cards.
Social
XFacebook
Email ID
*****@seshaasai.com
Phone Number
+91 **********
Registered Address
9, Lalwani Industrial Estate 14, Katrak Road, Wadala (West), Mumbai, Maharashtra, India, 400031
Key Metrics
Founded Year
1993
Location
Mumbai, India
Stage
Public
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
669 as on Jan 31, 2025
Similar Companies
Exit Details
Public

Seshaasai's IPO details

Seshaasai got listed on Sep 30, 2025.
Click here to take a look at Seshaasai's IPO in detail
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Seshaasai's funding and investors

Seshaasai is a funded company. Seshaasai has 1 institutional investor.

Seshaasai's founders and board of directors

Founder? Claim Profile
The founders of Seshaasai are Pragnyat Lalwani and Seshaasai.
Here are the details of Seshaasai's key team members:

Seshaasai's Board of Directors

Seshaasai's board has 6 active members. Pragnyat Lalwani and Gautam Jain are part of team and Abbhijet Ghag, Jayeshkumar Chandrakant Shah, Uday Prabhakaran Nair and Sowmya Vencatesan are independent board members.
Here is the list of Seshaasai's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
32y 11m
Team
-
Current
32y 11m
Independent board member
-
Current
2y 0m
a{cnkef
Independent board member
-
Current
3y 8m
zokvrcf
Independent board member
-
Current
1y 1m
oviodkt
Independent board member
-
Current
4y 1m

Seshaasai's employee count trend

Seshaasai has 669 employees as of Jan 25. The total employee count is 53.0% more than what it was in Jan 24. Here is Seshaasai's employee count trend over the years:
Employee count trend for Seshaasai
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Seshaasai's Competitors and alternates

Top competitors of Seshaasai include MobileMONEY, Atomx and INAMO. Here is the list of Top 10 competitors of Seshaasai, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Seshaasai
Seshaasai
1993, Mumbai (India), Public
Provider of payment solutions, communication services, and IoT-enabled RFID technologies
-
51/100
2nd
Logo for MobileMONEY
MobileMONEY
1996, San Clemente (United States), Funding Raised
Innovative fintech solutions provider specializing in card, cash, and cashless payment systems
-
-
45/100
3rd
Logo for Atomx
Atomx
2012, Pune (India), Seed
Electronic wallet harnessing NFC technology
$91.1K
45/100
4th
Logo for INAMO
INAMO
2016, Sydney (Australia), Seed
Provider of wearable solution for contactless payments
$2.5M
45/100
5th
Logo for Tappy
Tappy
2016, Hong Kong (China), Unfunded
Provider of wearable payment solutions integrating payment cards into accessories
-
-
42/100
6th
Logo for PayinTech
PayinTech
2013, Paris (France), Acquired
Wearable payment service provider
$3.9M
40/100
7th
Logo for Billfold
Billfold
2016, New York City (United States), Seed
POS payment processing solution for entertainment industry
$2.91M
37/100
8th
Logo for TAPSTER
TAPSTER
2020, Stockholm (Sweden), Unfunded
TAPSTER | Contactless Wearables
-
-
37/100
9th
Logo for DIGISEQ
DIGISEQ
2014, London (United Kingdom), Seed
Provider of NFC-enabled wearables technology solutions for businesses
-
34/100
10th
Logo for NFC Ring
NFC Ring
2014, Bradford (United Kingdom), Unfunded
Manufacturer of smart rings for payments, access, and information sharing
-
-
34/100
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Seshaasai's Investments and acquisitions

Seshaasai has made no investments or acquisitions yet.

Reports related to Seshaasai

Here is the latest report on Seshaasai's sector:

News related to Seshaasai

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Media has covered Seshaasai for a total of 9 events in the last 1 year, 4 of them have been about company updates.
India’s FinTech startup ecosystem 3rd in worldAhmedabad MirrorOct 11, 2025Resulticks, Diginex, Groww, Weaver and 9 others
Fintech funding in Jan-Sept at lowest since 2019Financial ExpressOct 10, 2025Resulticks, Diginex, Groww, Weaver and 9 others
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FAQs about Seshaasai

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