Avis Budget Technology Innovations Private Limited
About Avis Budget Technology Innovations Private Limited
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Avis Budget Technology Innovations Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Avis Budget Car Rental, Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 October 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC166728.
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Srinivasa Ranganatha Rajagopal and Ravindra Venkata Simhambhatla.
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 2024, the company reported a revenue of ₹23.25 Cr. For the same year it recorded a net profit of ₹2.27 Cr (net margin 9.8%) and EBITDA of ₹3.03 Cr (EBITDA margin 13%).
The company has about 43 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avis Budget Technology Innovations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEmbassy Tech Village Hibiscus 5th Floor Building 2B, Tower 3 Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Avis Budget Technology Innovations Private Limited, buy the company report.
- 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 Avis Budget Technology Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Avis Budget Technology Innovations Private Limited, buy the company report.
Financials of Avis Budget Technology Innovations Private Limited
FY 2025 filings availableAvis Budget Technology Innovations Private Limited reported revenue of ₹23.25 Cr for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹3.03 Cr | |
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| Net Profit (PAT) | ₹2.27 Cr | |
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13% | |
| Net Profit Margin | 9.8% | |
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To see the full financial statements and ratios of Avis Budget Technology Innovations Private Limited, buy the company report.
Board of directors of Avis Budget Technology Innovations Private Limited
Avis Budget Technology Innovations has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Ranganatha Rajagopal | Director | 03 Oct 2022 | 4 Years 1 Months | Current |
| Ravindra Venkata Simhambhatla | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Neil Basil Dsilva | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Avis Budget Technology Innovations Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smart Parts Online Private Limited | ₹23.4 Cr (FY 2025) | 29.0% | Gurgaon, Haryana, India | |||
| Chavans Business Ventures Private Limited | ₹23.36 Cr (FY 2024) | 32.0% | Bangalore, Karnataka, India | |||
| Innoval Digital Solutions Private Limited | ₹23.34 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Spacemantra Private Limited | ₹23.3 Cr (FY 2023) | 1603.0% | Delhi, India | |||
| Avis Budget Technology Innovations Private Limitedthis company | ₹23.25 Cr (FY 2024) | ₹2.27 Cr | 9.8% | Bangalore, Karnataka, India | ||
| Veup Technologies Private Limited | ₹23.24 Cr (FY 2025) | 52.0% | Bangalore, Karnataka, India | |||
| KR Mroads India Private Limited | ₹23.21 Cr (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Digiclarity Global Solutions Private Limited | ₹23.21 Cr (FY 2024) | 75.0% | Chennai, Tamil Nadu, India | |||
| Axtrics Solutions Private Limited | ₹23.17 Cr (FY 2025) | 6.0% | Mohali, Punjab, India |
To see the full peer comparison of Avis Budget Technology Innovations Private Limited, buy the company report.
Auditor
Avis Budget Technology Innovations Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Avis Budget Technology Innovations Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avis Budget Technology Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avis Budget Technology Innovations 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 Avis Budget Technology Innovations 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 Avis Budget Technology Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avis Budget Technology Innovations Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Izilda Pinto Martins ceased to be Director on 30 Jun 2025.
Frequently asked questions
Avis Budget Technology Innovations is an active foreign 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 03 October 2022 (4+ years old) and is registered under CIN U72900KA2022FTC166728.
Avis Budget Technology Innovations has 3 current directors:
- Srinivasa Ranganatha Rajagopal - Director
- Ravindra Venkata Simhambhatla - Director
- Neil Basil Dsilva - Director
The latest financial statements of Avis Budget Technology Innovations 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Avis Budget Technology Innovations is U72900KA2022FTC166728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avis Budget Technology Innovations was incorporated on 03 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Avis Budget Technology Innovations by revenue are Smart Parts Online Private Limited, Chavans Business Ventures Private Limited, Innoval Digital Solutions Private Limited, Spacemantra Private Limited, Veup Technologies Private Limited and 3 more, all in the same principal business activity (other information & communication service activities).
Izilda Pinto Martins ceased to be Director on 30 Jun 2025. Neil Basil Dsilva ceased to be Additional Director on 29 Sep 2024. Abhilash Palliyara Raghavan ceased to be Director on 21 Jun 2024. Avis Budget Technology Innovations has 7 board changes on record in total.
The registered office of Avis Budget Technology Innovations is at Embassy Tech Village Hibiscus 5th Floor Building 2B, Tower 3 Outer Ring Road, Bangalore, Karnataka, India – 560103.
Avis Budget Technology Innovations operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Avis Budget Technology Innovations is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
Avis Budget Technology Innovations can be reached at its registered office: Embassy Tech Village Hibiscus 5th Floor Building 2B, Tower 3 Outer Ring Road, Bangalore, Karnataka, India – 560103.
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