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Alphawave Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.49 Cr
▲ 1063% YoY
Net loss · FY 2025
₹2.55 Cr
Net margin -73.1%
EBITDA · FY 2025
-₹2.37 Cr
EBITDA margin -67.8%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹8.52 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Alphawave Technologies Private Limited
Data last updated:
Alphawave Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 30 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2021PTC150151. Its GSTIN is 29AAVCA5652J1ZY (Karnataka).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹8.52 Lakh. It is led by directors including Mohit Anand and Mayank Morya.
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.55 Cr (net margin -73.1%) and EBITDA of -₹2.37 Cr (EBITDA margin -67.8%).
The company is associated with 1 brand: Mitigata. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹200.69 Cr; the latest was in June 2026. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Rha Technologies Private Limited with revenue of ₹3.49 Cr.
Alphawave Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0155612). For more details, the company can be reached via its website mitigata.com.
Company details
CIN U62099KA2021PTC150151
Registration Number 150151
Incorporation Date 30 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0155612
CIN history
Alphawave Technologies has one previous CIN (Corporate Identification Number): U72900KA2021PTC150151. The current CIN is U62099KA2021PTC150151, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099KA2021PTC150151 | Current |
| U72900KA2021PTC150151 | Previous |
Recognitions & Rankings of Alphawave Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0155612
Contact details
Alphawave Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address2nd Floor Gayathri Mansion 80/3, Outer Ring Rd Salarpuria Softzone, Bangalore, Karnataka, India – 560103
- IndustryInternet, Online Service Marketplaces
Comprehensive company report
Alphawave Technologies 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
Alphawave Technologies operates one associated brand: Mitigata. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cyber insurance and cybersecurity solutions are provided to diverse users. | mitigata.com |
Business activity
The main business activity of Alphawave Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Alphawave Technologies Private Limited, buy the company report.
Financials of Alphawave Technologies Private Limited
FY 2024 filings availableAlphawave Technologies Private Limited reported revenue of ₹3.49 Cr (up 1063% YoY) for FY 2025.
Revenue · FY 2025
₹3.49 Cr ▲ 1063%
Net loss · FY 2025
₹2.55 Cr margin -73.1%
EBITDA · FY 2025
-₹2.37 Cr margin -67.8%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | -₹2.37 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.55 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -67.8% | |||
| Net Profit Margin | -73.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Alphawave Technologies Private Limited, buy the company report.
Board of directors of Alphawave Technologies Private Limited
Alphawave Technologies has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Anand Also directs: Mitigata Insurance Brokers Private Limited | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
| Mayank Morya Also directs: Mitigata Insurance Brokers Private Limited | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
| Sarthak Dubey Also directs: Mitigata Insurance Brokers Private Limited | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Alphawave Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rha Technologies Private Limited | ₹3.49 Cr (FY 2025) | -51.0% | New Delhi, Delhi, India | |||
| Pragati Empire Solution Private Limited | ₹3.49 Cr (FY 2025) | 562.0% | Muzaffarpur, Bihar, India | |||
| Iinfocomm IT Services Private Limited | ₹3.49 Cr (FY 2017) | -33.0% | Bangalore, Karnataka, India | |||
| Wings Tech.Solutions Private Limited | ₹3.49 Cr (FY 2025) | -17.0% | Rajkot, Gujarat, India | |||
| Alphawave Technologies Private Limitedthis company | ₹3.49 Cr (FY 2025) | -₹2.55 Cr | -73.1% | 1063.0% | Bangalore, Karnataka, India | |
| Adeptiq Solutions Private Limited | ₹3.49 Cr (FY 2025) | -46.0% | Kochi, Kerala, India | |||
| Syntrio Technologies Private Limited | ₹3.49 Cr (FY 2024) | -30.0% | Thiruvananthapuram, Kerala, India | |||
| Aimleap Private Limited | ₹3.49 Cr (FY 2025) | 301.0% | Bangalore, Karnataka, India | |||
| Shree Ganesh Telecom Private Limited | ₹3.49 Cr (FY 2025) | -36.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Alphawave Technologies Private Limited, buy the company report.
Deals & funding
Alphawave Technologies Private Limited has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹200.69 Cr; the latest was in June 2026.
Total deals
4
Funding rounds
3
Convertible or debt financing
1
Disclosed funding
₹200.69 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Funding round · Series B | ₹141.95 Cr | Investors: Bessemer Venture Partners, Nexus Venture Partners, Titan Capital |
| Aug 2025 | Funding round · Series A | ₹51.53 Cr | Investors: WEH Ventures, Titan Capital, Nexus Venture Partners |
| Jun 2022 | Funding round · Pre-seed | ₹1.71 Cr | Investors: PointOne Capital, Z Nation Lab, 2 individuals |
To see the full deal history of Alphawave Technologies 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
Alphawave Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed against the company by Phonographic Performance Ltd | Disposed |
To see the full case history of Alphawave Technologies 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
No delayed payments to MSME suppliers are on our record for Alphawave Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alphawave Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCA5652J1ZY | Karnataka | Active | 01 Aug 2021 |
To see the full GST registrations and return filing status of Alphawave Technologies Private Limited, buy the company report.
Recent activity
Alphawave Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Mayank Morya was appointed as Director on 30 Jul 2021.
AGM
Alphawave Technologies Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Filing
Alphawave Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mayank Morya was appointed as Director.
Appointed
Mohit Anand was appointed as Director.
Appointed
Sarthak Dubey was appointed as Director.
Incorporation
30 Jul 2021
Alphawave Technologies Private Limited was registered on 30 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Alphawave Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 30 July 2021 (5+ years old) and is registered under CIN U62099KA2021PTC150151.
Alphawave Technologies has 3 current directors:
- Mohit Anand - Director
- Mayank Morya - Director
- Sarthak Dubey - Director
The latest financial statements of Alphawave Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Alphawave Technologies is 29AAVCA5652J1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Alphawave Technologies is U62099KA2021PTC150151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alphawave Technologies has 1 court case on record: 1 filed against it.
Alphawave Technologies was incorporated on 30 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Alphawave Technologies has 4 deals on record (3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹200.69 Cr; the latest was in June 2026.
The peers of Alphawave Technologies by revenue are Rha Technologies Private Limited, Pragati Empire Solution Private Limited, Iinfocomm IT Services Private Limited, Wings Tech.Solutions Private Limited, Adeptiq Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mayank Morya was appointed as Director on 30 Jul 2021. Mohit Anand was appointed as Director on 30 Jul 2021. Sarthak Dubey was appointed as Director on 30 Jul 2021.
Yes, Alphawave Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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