Avance Ventures Private Limited
About Avance Ventures Private Limited
Data last updated:
Avance Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 21 April 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62099MH2023PTC401309.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Latesh Sukumar Kumar Poojary and Vijaysingh Purohit.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr. For the same year it recorded a net profit of ₹2.8 Cr (net margin 97%) and EBITDA of ₹2.8 Cr (EBITDA margin 97%).
Company details
Contact details
Avance Ventures Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice No. 226/227 Majestic Center Second Floor, 144 Opera House, Mumbai, Maharashtra, India – 400004
- 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
Business activity
The main business activity of Avance Ventures is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Avance Ventures Private Limited, buy the company report.
Financials of Avance Ventures Private Limited
FY 2024 filings availableAvance Ventures Private Limited reported revenue of ₹2.89 Cr for FY 2024.
Financial Statement Summary
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| EBITDA | ₹2.8 Cr |
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| Net Profit (PAT) | ₹2.8 Cr |
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Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 97% |
| Net Profit Margin | 97% |
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To see the full financial statements and ratios of Avance Ventures Private Limited, buy the company report.
Board of directors of Avance Ventures Private Limited
Avance Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaysingh Purohit Also directs: Rajwanti Traders LLP, Aatmik Trading Private Limited, Purpal Mercantile Private Limited and 1 more | Nominee Director | 21 Apr 2023 | 3 Years 6 Months | Current |
| Latesh Sukumar Kumar Poojary | Director | 07 Jul 2025 | 1 Years 4 Months | Current |
Peer comparison
Avance Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Merlin Solar Technologies India Private Limited | ₹2.92 Cr (FY 2025) | 142.0% | Bangalore, Karnataka, India | |||
| Aikaara Technologies Private Limited | ₹2.92 Cr (FY 2025) | 6044.0% | Mumbai, Maharashtra, India | |||
| Optimoshell Global Private Limited | ₹2.91 Cr (FY 2025) | 170.0% | Zirakpur, Punjab, India | |||
| Alkatel Communications Private Limited | ₹2.91 Cr (FY 2025) | 215.0% | Panchkula, Haryana, India | |||
| Business Thrust Techsoft Private Limited | ₹2.9 Cr (FY 2025) | -5.0% | Noida, Uttar Pradesh, India | |||
| Avance Ventures Private Limitedthis company | ₹2.89 Cr (FY 2024) | ₹2.8 Cr | 97% | Mumbai, Maharashtra, India | ||
| Elxire Communications Limited | ₹2.89 Cr (FY 2024) | 47.0% | Faridabad, Haryana, India | |||
| JK & MK Solutions Private Limited | ₹2.88 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Apps Centric Solutions Private Limited | ₹2.87 Cr (FY 2025) | 115.0% | Hyderabad, Telangana, India | |||
| Nudge Digital Labs Private Limited | ₹2.87 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Travel Ops Biz Apps India Private Limited | ₹2.86 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Avance Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avance Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Avance Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avance Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avance Ventures Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Latesh Sukumar Kumar Poojary was appointed as Director on 07 Jul 2025.
Frequently asked questions
Avance Ventures is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 21 April 2023 (3+ years old) and is registered under CIN U62099MH2023PTC401309.
Avance Ventures has 2 current directors:
- Vijaysingh Purohit - Nominee Director
- Latesh Sukumar Kumar Poojary - Director
The latest financial statements of Avance Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Avance Ventures is U62099MH2023PTC401309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avance Ventures was incorporated on 21 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avance Ventures by revenue are Merlin Solar Technologies India Private Limited, Aikaara Technologies Private Limited, Optimoshell Global Private Limited, Alkatel Communications Private Limited, Business Thrust Techsoft Private Limited and 5 more, all in the same principal business activity (information service activities).
Latesh Sukumar Kumar Poojary was appointed as Director on 07 Jul 2025. Srikrishna Bhamidipati was appointed as Non- Individual Subscriber on 21 Apr 2023. Vijaysingh Purohit was appointed as Nominee Director on 21 Apr 2023.
The registered office of Avance Ventures is at Office No. 226227 Majestic Center Second Floor, 144 Opera House, Mumbai, Maharashtra, India – 400004.
Avance Ventures can be reached at its registered office: Office No. 226227 Majestic Center Second Floor, 144 Opera House, Mumbai, Maharashtra, India – 400004.
Avance Ventures is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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