Affinidi India Private Limited

Affinidi India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2020PTC168437 Incorporated 31 March 2020 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹4.65 Cr
▼ 66% YoY
Net loss · FY 2023
₹20.08 Cr
Net margin -432.1%
EBITDA · FY 2023
-₹19.78 Cr
EBITDA margin -425.6%
Authorised capital
₹19.21 Cr
Registered with MCA
Paid-up capital
₹19.21 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
53
Provident fund records
Directors on board
3
As per MCA filings

About Affinidi India Private Limited

Data last updated:

Affinidi India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Affinidi Pte. Ltd.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 March 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC168437. Its GSTIN is 29AAICG2794E1ZB (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹19.21 Cr and a paid-up capital of ₹19.21 Cr. It was formerly known as Goodworker Private Limited and Good Workers India Private Limited. It is led by directors including Mohd Afiq Bin Mohd Fozi and Glenn Gore.

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 Bangalore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.65 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹20.08 Cr (net margin -432.1%) and EBITDA of -₹19.78 Cr (EBITDA margin -425.6%).

The company has about 53 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Affinidi. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in September 2020.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website affinidi.com.

Company details

CIN U72900KA2020PTC168437
Registration Number 168437
Incorporation Date 31 March 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Affinidi Pte. Ltd.
Compliance Status Active Compliant

Name history

Affinidi India has undergone 2 name changes throughout its history. The company was previously known as Goodworker Private Limited, and Good Workers India Private Limited. The current legal name is Affinidi India Private Limited.

Company NameStatus
Affinidi India Private LimitedCurrent
Goodworker Private LimitedPrevious
Good Workers India Private LimitedPrevious

CIN history

Affinidi India has one previous CIN (Corporate Identification Number): U72900MH2020PTC339187. The current CIN is U72900KA2020PTC168437, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900KA2020PTC168437Current
U72900MH2020PTC339187Previous

Contact details

Affinidi India Private Limited's registered office is in Bangalore, Karnataka. Its website is affinidi.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Hd – 224 Ground Floor Wework Vaishnavi Signature, No. 78/9 Outer Ring Road Bellandur Village Varthur Hobli Bengaluru East, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Affinidi India Private Limited, buy the company report.

Comprehensive company report
Affinidi India 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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Secure checkout · GST invoice included

Brands

Affinidi India operates one associated brand: Affinidi. Each brand links to its own profile.

BrandDescriptionWebsite
Offers a platform for digital identities and credential management solutions.affinidi.com

Financials of Affinidi India Private Limited

FY 2025 filings available

Affinidi India Private Limited reported revenue of ₹4.65 Cr (down 66% YoY) for FY 2023.

Revenue · FY 2023
₹4.65 Cr ▼ 66%
Net loss · FY 2023
₹20.08 Cr margin -432.1%
EBITDA · FY 2023
-₹19.78 Cr margin -425.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 66%

Revenue fell 66% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹4.65 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹19.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.08 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-425.6%
Net Profit Margin-432.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Affinidi India Private Limited, buy the company report.

Board of directors of Affinidi India Private Limited

Affinidi India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohd Afiq Bin Mohd FoziDirector26 Sep 20233 Years 1 MonthsCurrent
Glenn GoreDirector27 Dec 20214 Years 10 MonthsCurrent
Giriraj DagaDirector15 Jun 20242 Years 4 MonthsCurrent

Auditor

Affinidi India Private Limited is audited by SRINIVASA AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SRINIVASA AND COFY 2023013843S

Shareholding

The shareholding of Affinidi India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Affinidi India Private Limited, buy the company report.

Deals & funding

Affinidi India Private Limited has 1 deal on record (1 rights issue); the latest was in September 2020.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2020Rights issue₹4 CrInvestors: Goodworker Pte Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Affinidi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Affinidi India Private Limited has a workforce of 53 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
53
Active EPFO establishments
1
Employee growth
15.22%

GST

Affinidi India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAICG2794E1ZBKarnatakaActive03 Jan 2022
27AAICG2794E1ZFMaharashtraActive13 May 2022

To see the full GST registrations and return filing status of Affinidi India Private Limited, buy the company report.

Recent activity

Affinidi India Private Limited has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Giriraj Daga ceased to be Additional Director on 29 Sep 2024.

AGM
Affinidi India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Affinidi India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Giriraj Daga ceased to be Additional Director.
Appointed
Giriraj Daga was appointed as Director.
Ceased
Mayank . Mohan ceased to be Additional Director.
Ceased
Mukul Gopinandan Sachan ceased to be Director.
Ceased
Pradyumna Agrawal ceased to be Director.
Appointed
Mohd Afiq Bin Mohd Fozi was appointed as Director.
Ceased
Shantanu Mitra ceased to be Director.
Appointed
Glenn Gore was appointed as Director.
Incorporation
31 Mar 2020
Affinidi India Private Limited was registered on 31 Mar 2020 with Roc Bangalore & aged 6 years 7 months as per MCA records.

Frequently asked questions

Affinidi India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 March 2020 (6+ years old) and is registered under CIN U72900KA2020PTC168437.

Affinidi India has 3 current directors:

The latest financial statements of Affinidi India 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 Affinidi India is 29AAICG2794E1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAICG2794E1ZF (Maharashtra).

The CIN (Corporate Identification Number) of Affinidi India is U72900KA2020PTC168437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Affinidi India has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.

Affinidi India was incorporated on 31 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.

Affinidi India has 1 deal on record (1 rights issue); the latest was in September 2020.

Giriraj Daga ceased to be Additional Director on 29 Sep 2024. Giriraj Daga was appointed as Director on 15 Jun 2024. Mayank . Mohan ceased to be Additional Director on 15 Jun 2024. Affinidi India has 8 board changes on record in total.

Affinidi India can be reached through the website affinidi.com. Its registered office is in Bangalore, Karnataka, India.