Finnovation Tech Solutions Private Limited
Finnovation Tech Solutions Private Limited is a Private Company limited by Shares company incorporated in 2016 and based in Karnataka, India. It was founded by Karthikeyan and Madhusudan. Finnovation Tech Solutions Private Limited operates in FinTech > Alternative Lending (NIC 74900) with authorized capital of ₹2.00 Cr and paid-up capital of ₹1.17 Cr. RegisterKaro's Compliance Health Score for the company is 35/100 (grade F), reflecting a weak compliance posture.
FINNOVATION TECH SOLUTIONS PRIVATE LIMITED is the legal entity of KreditBee.
Quick facts
Directors
LockedDirectors, DINs & appointment history for Finnovation Tech Solutions Private Limited.
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
MCA Filings
Locked| Form | FY | Filed | Due | Delay | Status |
|---|---|---|---|---|---|
| AOC-4 | FY2024-25 | 30 Oct 2024 | 30 Oct 2024 | 0d | filed |
| MGT-7 | FY2024-25 | 25 Nov 2024 | 29 Nov 2024 | 0d | filed |
| AOC-4 | FY2023-24 | 30 Oct 2023 | 30 Oct 2023 | 0d | filed |
| MGT-7 | FY2023-24 | 25 Nov 2023 | 29 Nov 2023 | 0d | filed |
| AOC-4 | FY2022-23 | 30 Oct 2022 | 30 Oct 2022 | +23d | filed |
| MGT-7 | FY2022-23 | 24 Nov 2022 | 29 Nov 2022 | 0d | filed |
Full MCA filing history for Finnovation Tech Solutions Private Limited.
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Charges
Locked| Charge ID | Holder | Amount | Created | Status |
|---|---|---|---|---|
| 177974483 | Axis Bank Ltd(Bank) | ₹1.61 Cr | 19 Sep 2023 | Satisfied |
| 165250184 | HDFC Bank Ltd(Bank) | ₹16.66 Cr | 12 Mar 2022 | Open |
| 730586127 | HDFC Bank Ltd(Bank) | ₹3.42 Cr | 19 Sep 2019 | Open |
| 348028491 | Axis Bank Ltd(Bank) | ₹12.04 Cr | 12 Mar 2019 | Open |
Charge IDs, lenders & amounts for Finnovation Tech Solutions Private Limited.
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Financial Performance
Locked| FY | Revenue | PAT | Net Worth | Total Assets | Employees |
|---|---|---|---|---|---|
| FY2024-25 | ₹57.85 Cr | ₹3.50 Cr | ₹50.68 Cr | ₹76.59 Cr | 245 |
| FY2023-24 | ₹51.27 Cr | ₹3.10 Cr | ₹24.71 Cr | ₹52.03 Cr | 292 |
| FY2022-23 | ₹39.31 Cr | ₹2.78 Cr | ₹15.60 Cr | ₹44.14 Cr | 61 |
| FY2021-22 | ₹42.92 Cr | ₹2.15 Cr | ₹25.28 Cr | ₹47.63 Cr | 193 |
Audited financials & ratios for Finnovation Tech Solutions Private Limited.
- Financial Summary & Charts
- Income Statement, Balance Sheet, Cashflow
- Profitability, Liquidity & Growth Ratios
- Audited Financial Statement (AOC-4)
Detailed Financials
Locked| Line item | FY2024-25 | FY2023-24 | FY2022-23 | FY2021-22 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue from operations | ₹57.85 Cr | ₹51.27 Cr | ₹39.31 Cr | ₹42.92 Cr |
| Other income | ₹1.99 Cr | ₹1.54 Cr | ₹1.17 Cr | ₹92.44 L |
| Total income | ₹59.84 Cr | ₹52.81 Cr | ₹40.49 Cr | ₹43.85 Cr |
| Total expenses | ₹55.36 Cr | ₹48.84 Cr | ₹36.93 Cr | ₹41.10 Cr |
| Profit before tax | ₹4.55 Cr | ₹4.03 Cr | ₹3.61 Cr | ₹2.79 Cr |
| Profit / (Loss) after tax | ₹3.50 Cr | ₹3.10 Cr | ₹2.78 Cr | ₹2.15 Cr |
| Balance sheet | ||||
| Equity / Net worth | ₹50.68 Cr | ₹24.71 Cr | ₹15.60 Cr | ₹25.28 Cr |
| Borrowings | ₹7.20 Cr | ₹5.94 Cr | ₹6.43 Cr | ₹7.11 Cr |
| Current liabilities | ₹13.92 Cr | ₹12.62 Cr | ₹11.99 Cr | ₹12.41 Cr |
| Total liabilities | ₹25.91 Cr | ₹27.32 Cr | ₹28.54 Cr | ₹22.35 Cr |
| Current assets | ₹31.26 Cr | ₹19.93 Cr | ₹18.29 Cr | ₹17.95 Cr |
| Cash & equivalents | ₹6.74 Cr | ₹3.10 Cr | ₹6.20 Cr | ₹2.43 Cr |
| Total assets | ₹76.59 Cr | ₹52.03 Cr | ₹44.14 Cr | ₹47.63 Cr |
| Employees | 245 | 292 | 61 | 193 |
Audited financials & ratios for Finnovation Tech Solutions Private Limited.
- Financial Summary & Charts
- Income Statement, Balance Sheet, Cashflow
- Profitability, Liquidity & Growth Ratios
- Audited Financial Statement (AOC-4)
Compounded Annual Growth Rate
Locked| Metric | Latest value | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|
| Revenue | ₹57.85 Cr | +21.3% | +3.2% | +14.7% |
| Profit after Tax | ₹3.50 Cr | +23.6% | -4.0% | +0.3% |
| Net Worth | ₹50.68 Cr | +7.7% | +14.7% | +21.7% |
| Employees | 245 | +25.3% | +25.3% | +0.1% |
Audited financials & ratios for Finnovation Tech Solutions Private Limited.
- Financial Summary & Charts
- Income Statement, Balance Sheet, Cashflow
- Profitability, Liquidity & Growth Ratios
- Audited Financial Statement (AOC-4)
Financial Ratios
Locked| FY | Revenue | PAT | PAT margin | Rev growth | ROE | ROA | D/E | Rev/emp |
|---|---|---|---|---|---|---|---|---|
| FY2024-25 | ₹57.85 Cr | ₹3.50 Cr | +6.05% | +14.88% | +6.90% | +4.57% | 0.14 | ₹23.61 L |
| FY2023-24 | ₹51.27 Cr | ₹3.10 Cr | +6.05% | +11.46% | +12.54% | +5.96% | 0.24 | ₹17.56 L |
| FY2022-23 | ₹39.31 Cr | ₹2.78 Cr | +7.07% | +17.32% | +17.82% | +6.30% | 0.41 | ₹64.45 L |
| FY2021-22 | ₹42.92 Cr | ₹2.15 Cr | +5.01% | +39.14% | +8.50% | +4.51% | 0.28 | ₹22.24 L |
Audited financials & ratios for Finnovation Tech Solutions Private Limited.
- Financial Summary & Charts
- Income Statement, Balance Sheet, Cashflow
- Profitability, Liquidity & Growth Ratios
- Audited Financial Statement (AOC-4)
Cap Table & Shareholding
Locked| Category | Shareholders | Shares held | % |
|---|---|---|---|
| Promoters | 1 | 1,56,01,136 | 69.30% |
| Institutional Investors | 1 | 28,97,296 | 12.87% |
| Public & Others | 39 | 40,15,218 | 17.83% |
Promoter, institutional & public holding for Finnovation Tech Solutions Private Limited.
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Peer Benchmark
2 peersEvents & timeline
3External data sources
7 plannedGSTIN Registrations
Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.
MSME Payment Delays
Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.
Related Party Transactions
Counterparty, nature, transaction value. Inter-company loans, sales, royalty.
Credit Ratings
Long-term + short-term ratings, with rationale on rating actions.
Trademarks
Applied, registered, opposed. Class numbers + status.
Patents
Applications and grants. Inventor names + filing dates.
Legal Cases
Ongoing + past litigations the entity is party to.
Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.