Finnovation Tech Solutions Private Limited

U74900KA2016PTC086953ActivePrivate · Company limited by SharesRoC-BangaloreUnlisted
Last updated: 2026-06-07
35
Compliance Health · F
4 / 9 signals passed

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.

Risk FlagsFinancials not yet extracted · awaiting AOC-4 XBRLDirectors not yet extracted · awaiting MGT-7Health F · 35/100AGM 1721d ago · may be overdue
Revenue (latest FY)
Awaiting extraction
PAT (latest FY)
Awaiting extraction
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
₹1.17 Cr
58% of authorized
Filings on Record
0
All current
Incorporated
2016
10 years old
State
Karnataka
Sector
FinTech > Alternative Lending
NIC 74900
Class
Private
Sub-category
Company limited by Shares
Authorized Capital
₹2.00 Cr
Paid-up Capital
₹1.17 Cr
58% utilized
Members
Last AGM
30 Sept 2021
1721d ago
Last Balance Sheet
31 Mar 2021
1904d ago
Latest Filing
Registered Email
Registered Office
FINNOVATION TECH SOLUTIONS PRIVATE LIMITEDTRACXN · PUBLIC DATA
Brand FINNOVATION TECH SOLUTIONS PRIVATE LIMITED · Legal entity Finnovation Tech Solutions Private Limited

FINNOVATION TECH SOLUTIONS PRIVATE LIMITED is the legal entity of KreditBee.

Total Funding
Latest Round
Series E
Revenue
Valuation
Funding Rounds
11
Employees
445
Stage
Series E
HQ
Bengaluru
Founded
2017
Source: Tracxn (public profile) · joined to MCA on CIN U74900KA2016PTC086953

Quick facts

Identity · Activity · Auditor · Contact
Registered office
NIC code
74900
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
Section
FinTech > Alternative Lending
ROC
RoC-Bangalore
Class · sub-category
Private · Company limited by Shares
Incorporation · Last AGM
15 Mar 2016 · 30 Sept 2021

Directors

From MGT-7 annual returnLocked
KB
Kunal Bhatia
Director
2.2y · Chennai · DIN 6815066
MK
Meera Krishnan
Additional Director
7.0y · Hyderabad · DIN 3551200
SG
Sneha Gupta
Managing Director
2.9y · New Delhi · DIN 8913563
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Directors, DINs & appointment history for Finnovation Tech Solutions Private Limited.

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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked
FormFYFiledDueDelayStatus
AOC-4FY2024-2530 Oct 202430 Oct 20240dfiled
MGT-7FY2024-2525 Nov 202429 Nov 20240dfiled
AOC-4FY2023-2430 Oct 202330 Oct 20230dfiled
MGT-7FY2023-2425 Nov 202329 Nov 20230dfiled
AOC-4FY2022-2330 Oct 202230 Oct 2022+23dfiled
MGT-7FY2022-2324 Nov 202229 Nov 20220dfiled
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Full MCA filing history for Finnovation Tech Solutions Private Limited.

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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked
Charge IDHolderAmountCreatedStatus
177974483Axis Bank Ltd(Bank)₹1.61 Cr19 Sep 2023Satisfied
165250184HDFC Bank Ltd(Bank)₹16.66 Cr12 Mar 2022Open
730586127HDFC Bank Ltd(Bank)₹3.42 Cr19 Sep 2019Open
348028491Axis Bank Ltd(Bank)₹12.04 Cr12 Mar 2019Open
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Charge IDs, lenders & amounts for Finnovation Tech Solutions Private Limited.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Financial Performance

Revenue · PAT · Net worth by FYLocked
FYRevenuePATNet WorthTotal AssetsEmployees
FY2024-25₹57.85 Cr₹3.50 Cr₹50.68 Cr₹76.59 Cr245
FY2023-24₹51.27 Cr₹3.10 Cr₹24.71 Cr₹52.03 Cr292
FY2022-23₹39.31 Cr₹2.78 Cr₹15.60 Cr₹44.14 Cr61
FY2021-22₹42.92 Cr₹2.15 Cr₹25.28 Cr₹47.63 Cr193
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Audited financials & ratios for Finnovation Tech Solutions Private Limited.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Detailed Financials

Income statement + balance sheetLocked
Line itemFY2024-25FY2023-24FY2022-23FY2021-22
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
Employees24529261193
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Audited financials & ratios for Finnovation Tech Solutions Private Limited.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Compounded Annual Growth Rate

Derived from multi-FY filingsLocked
MetricLatest value1Y CAGR3Y CAGR5Y 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%
Employees245+25.3%+25.3%+0.1%
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Audited financials & ratios for Finnovation Tech Solutions Private Limited.

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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Financial Ratios

Profitability · leverage · efficiencyLocked
FYRevenuePATPAT marginRev growthROEROAD/ERev/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
Gain deeper financial insights of this entity

Audited financials & ratios for Finnovation Tech Solutions Private Limited.

₹999₹249(excl. taxes)
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What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Cap Table & Shareholding

Promoter · institutional · publicLocked
CategoryShareholdersShares held%
Promoters11,56,01,13669.30%
Institutional Investors128,97,29612.87%
Public & Others3940,15,21817.83%
See the full shareholding pattern

Promoter, institutional & public holding for Finnovation Tech Solutions Private Limited.

₹499₹169(excl. taxes)
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What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Peer Benchmark

2 peersSame sector (FinTech > Alternative Lending) — nationwide
MetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
PAT (latest FY)
Employees
Paid-up capital
Bottom quartile · P0
Compliance Health
96
96
96
2nd quartile · P50

Top 2 in FinTech > Alternative Lending

by healthView all ›
01
Paid-up
Revenue
A · 96
02
Whizdm Finance Private Limited
Karnataka · Inc 2014
Paid-up
Revenue
C · 63

Events & timeline

3Filings, charges, board changes
15 Mar 2016
Company incorporated
Finnovation Tech Solutions Private Limited registered with RoC-Bangalore; year 2016
15 Mar 2016
Karthikeyan appointed as Director
15 Mar 2016
Madhusudan appointed as Director

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned
GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned
MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned
AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned
CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned
IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned
IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned
eCourts + Indian Kanoon

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.

FAQs about Finnovation Tech Solutions Private Limited

When was Finnovation Tech Solutions Private Limited incorporated?
Finnovation Tech Solutions Private Limited was incorporated in 2016 (around 15 Mar 2016). Its CIN is U74900KA2016PTC086953 and it is registered with RoC-Bangalore.
Where is Finnovation Tech Solutions Private Limited located?
Finnovation Tech Solutions Private Limited is headquartered in Karnataka.
What sector does Finnovation Tech Solutions Private Limited operate in?
Finnovation Tech Solutions Private Limited operates in the FinTech > Alternative Lending sector (NIC code 74900), classified as Company limited by Shares.
Who are the directors of Finnovation Tech Solutions Private Limited?
Director details for Finnovation Tech Solutions Private Limited have not yet been extracted from MGT-7 filings.
What is the paid-up capital of Finnovation Tech Solutions Private Limited?
Finnovation Tech Solutions Private Limited has authorized capital of ₹2.00 Cr and paid-up capital of ₹1.17 Cr.
Does Finnovation Tech Solutions Private Limited have any open charges?
Finnovation Tech Solutions Private Limited has no open MCA-registered charges on record.
What is Finnovation Tech Solutions Private Limited's Compliance Health Score?
RegisterKaro's Compliance Health Score for Finnovation Tech Solutions Private Limited is 35/100 (grade F), based on 9 weighted signals across MCA filings, charges, directors, capital, and overall status. 4 of 9 signals passed.