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Adapt Fintech Advisors Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.15 Cr
▲ 8% YoY
Net loss · FY 2025
₹8.05 Cr
Net margin -130.8%
EBITDA · FY 2025
-₹2.06 Cr
EBITDA margin -33.5%
Authorised capital
₹17.5 Cr
Registered with MCA
Paid-up capital
₹10.4 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
About Adapt Fintech Advisors Private Limited
Data last updated:
Adapt Fintech Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 16 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2019PTC334521. Its GSTIN is 27AATCA0563A1ZV (Maharashtra).
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹10.4 Cr. It is led by director Rajan Harmesh Lal Pathak (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wework Nesco IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.15 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹8.05 Cr (net margin -130.8%) and EBITDA of -₹2.06 Cr (EBITDA margin -33.5%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 334% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Fintso. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹49.2 Cr; the latest was in November 2023. Its 3 peer companies in the Ecommerce and Internet industry (Finance, Fintech), with the same principal business activity (other financial activities) are compared by revenue, 3 larger; the largest is Tilok Finance Private Limited with revenue of ₹6.21 Cr. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 22 overdue payments to 4 micro and small suppliers.
Adapt Fintech Advisors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0138421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fintso.com.
Company details
CIN U67200MH2019PTC334521
Registration Number 334521
Incorporation Date 16 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0138421
Recognitions & Rankings of Adapt Fintech Advisors
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0138421
Contact details
Adapt Fintech Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is fintso.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressWework Nesco IT Park Building 4 North Wing, Nesco IT Park Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryInternet, Online Financial Services
To see the full contact details of Adapt Fintech Advisors Private Limited, buy the company report.
Comprehensive company report
Adapt Fintech Advisors Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Adapt Fintech Advisors operates one associated brand: Fintso. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital wealth tools are provided to empower financial advisors. | fintso.com |
Business activity
The main business activity of Adapt Fintech Advisors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Adapt Fintech Advisors Private Limited, buy the company report.
Financials of Adapt Fintech Advisors Private Limited
FY 2025 filings availableAdapt Fintech Advisors Private Limited reported revenue of ₹6.15 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹6.15 Cr ▲ 8%
Net loss · FY 2025
₹8.05 Cr margin -130.8%
EBITDA · FY 2025
-₹2.06 Cr margin -33.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 87%
5 years · compounded
▲ 334%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 50%
Revenue has grown at a compounded annual rate (CAGR) of 334% over five years, including 8% growth in the latest year. EBITDA rose 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.5% | ||||
| Net Profit Margin | -130.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Adapt Fintech Advisors Private Limited, buy the company report.
Board of directors and KMP of Adapt Fintech Advisors Private Limited
Adapt Fintech Advisors Private Limited currently reports 1 director and 1 key managerial person. 4 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| George Mitra Also directs: Samar Applications Private Limited, Samar Capital Private Limited, Samar Asset Management Private Limited and 1 more | Ceo | 01 Jan 2020 | 6 Years 9 Months | Current |
| Rajan Harmesh Lal Pathak | Managing Director | 16 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Adapt Fintech Advisors Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Finance, Fintech), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tilok Finance Private Limited | ₹6.21 Cr (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| Goa State Scheduled Tribes Finance and Development Corporation Limited | ₹6.19 Cr (FY 2024) | 57.0% | Goa, India | |||
| Narbheram Finance Co. Private Limited | ₹6.19 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Adapt Fintech Advisors Private Limitedthis company | ₹6.15 Cr (FY 2025) | -₹8.05 Cr | -130.8% | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Adapt Fintech Advisors Private Limited, buy the company report.
Auditor
Adapt Fintech Advisors Private Limited is audited by PATEL SHAH & JOSHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL SHAH & JOSHI | FY 2023 | 107768W |
Shareholding
The shareholding of Adapt Fintech Advisors Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adapt Fintech Advisors Private Limited, buy the company report.
Deals & funding
Adapt Fintech Advisors Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹49.2 Cr; the latest was in November 2023.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹49.2 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Landmark Insurance Brokers Private Limited Seller: Datacomp Web Technologies (India) Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Vitalis Capital Family Trust (Palaash Ventures) Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Wealthsmith Investment Consultant LLP , 3 individuals Seller: an individual |
To see the full deal history of Adapt Fintech Advisors Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adapt Fintech Advisors Private Limited has 4 court cases on record: 2 filed by Adapt Fintech Advisors, 2 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Eynos Business Solutions Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Tusker Workspace Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Eynos Business Solutions Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Adapt Fintech Advisors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Adapt Fintech Advisors Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 22 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Clevertap Private Limited | |||
| Case Platforms Private Limited | |||
| Patel Shah & Joshi | |||
| Paper Plane Tales LLP |
To see the full MSME payment records of Adapt Fintech Advisors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Adapt Fintech Advisors has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Gravitro Wealth Advisors Private Limited | U67120MH2020PTC352018 |
To see the full group structure of Adapt Fintech Advisors Private Limited, buy the company report.
GST
Adapt Fintech Advisors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA0563A1ZV | Maharashtra | Active | 27 Jan 2020 |
To see the full GST registrations and return filing status of Adapt Fintech Advisors Private Limited, buy the company report.
Recent activity
Adapt Fintech Advisors Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Madhu Jashan Awatramani ceased to be Nominee Director on 08 Nov 2023.
AGM
Adapt Fintech Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Adapt Fintech Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Madhu Jashan Awatramani ceased to be Nominee Director.
Ceased
Ajay Tilakraj Arora ceased to be Nominee Director.
Appointed
George Mitra was appointed as CEO.
Ceased
Rajan Harmesh Lal Pathak ceased to be Director.
Appointed
Rajan Harmesh Lal Pathak was appointed as Managing Director.
Incorporation
16 Dec 2019
Adapt Fintech Advisors Private Limited was registered on 16 Dec 2019 with Roc Mumbai & aged 6 years 10 months as per MCA records.
News
Frequently asked questions
Adapt Fintech Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 16 December 2019 (7+ years old) and is registered under CIN U67200MH2019PTC334521.
Adapt Fintech Advisors has 2 current directors and KMP:
- Rajan Harmesh Lal Pathak - Managing Director
- George Mitra - Ceo
The latest financial statements of Adapt Fintech Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Adapt Fintech Advisors is 27AATCA0563A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adapt Fintech Advisors is U67200MH2019PTC334521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adapt Fintech Advisors has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending.
Adapt Fintech Advisors was incorporated on 16 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Adapt Fintech Advisors has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹49.2 Cr; the latest was in November 2023.
The peers of Adapt Fintech Advisors by revenue are Tilok Finance Private Limited, Goa State Scheduled Tribes Finance and Development Corporation Limited, Narbheram Finance Co. Private Limited, all in the Ecommerce and Internet industry (Finance, Fintech), with the same principal business activity (other financial activities).
Madhu Jashan Awatramani ceased to be Nominee Director on 08 Nov 2023. Ajay Tilakraj Arora ceased to be Nominee Director on 17 Mar 2022. George Mitra was appointed as CEO on 01 Jan 2020. Adapt Fintech Advisors has 5 board changes on record in total.
Yes, Adapt Fintech Advisors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Adapt Fintech Advisors is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0138421).