Azalp Technologies Private Limited

Azalp Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2021PTC148361 Incorporated 11 June 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup MSME
Data last updated
Revenue · FY 2025
₹29.3 Cr
▲ 34% YoY
Net loss · FY 2025
₹20.51 Cr
Net margin -70%
EBITDA · FY 2025
-₹19.98 Cr
EBITDA margin -68.2%
Authorised capital
₹16.19 Lakh
Registered with MCA
Paid-up capital
₹2.19 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
46
Provident fund records
Directors on board
2
As per MCA filings

About Azalp Technologies Private Limited

Data last updated:

Azalp 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 11 June 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC148361. Its GSTIN is 29AAVCA3286G1Z3 (Karnataka). The company holds 38 GST registrations, of which 36 are active.

The company has an authorised share capital of ₹16.19 Lakh and a paid-up capital of ₹2.19 Lakh. It is led by directors Ananya Singhal and Swapnil Saurav.

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 Sector 3, Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹29.3 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹20.51 Cr (net margin -70%) and EBITDA of -₹19.98 Cr (EBITDA margin -68.2%). Revenue has grown at a compounded annual rate (CAGR) of 444% over three years.

The company has about 46 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rigi. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹188.22 Cr; the latest was in February 2023. Its 3 peer companies in the Ecommerce and Internet industry (Streaming Media), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Vidgyor Media Technologies Private Limited with revenue of ₹40.35 Cr.

Azalp Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0085314). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plaza.club.

Company details

CIN U74999KA2021PTC148361
Registration Number 148361
Incorporation Date 11 June 2021
ROC Bangalore
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 MSME
Udyam Registration UDYAM-KR-03-0085314

Recognitions & Rankings of Azalp Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0085314

Contact details

Azalp Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is plaza.club. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    4th Floor Building 1084, 14th Main 17th Cross Road Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Internet, Online Service Marketplaces

To see the full contact details of Azalp Technologies Private Limited, buy the company report.

Comprehensive company report
Azalp 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

Azalp Technologies operates one associated brand: Rigi. Each brand links to its own profile.

BrandDescriptionWebsite
Platform offering to create & sell online coursesrigi.club

Business activity

The main business activity of Azalp Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Azalp Technologies Private Limited, buy the company report.

Financials of Azalp Technologies Private Limited

FY 2025 filings available

Azalp Technologies Private Limited reported revenue of ₹29.3 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹29.3 Cr ▲ 34%
Net loss · FY 2025
₹20.51 Cr margin -70%
EBITDA · FY 2025
-₹19.98 Cr margin -68.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 444%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 80%

Revenue has grown at a compounded annual rate (CAGR) of 444% over three years, including 34% growth in the latest year. EBITDA rose 31% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹19.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹20.51 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 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-68.2%
Net Profit Margin-70%
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 Azalp Technologies Private Limited, buy the company report.

Board of directors of Azalp Technologies Private Limited

Azalp Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ananya SinghalDirector11 Jun 20215 Years 4 MonthsCurrent
Swapnil SauravDirector11 Jun 20215 Years 4 MonthsCurrent

Peer comparison

Azalp Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Streaming Media), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vidgyor Media Technologies Private Limited₹40.35 Cr (FY 2025)37.0%Bangalore, Karnataka, India
Yupp Video Services India Private Limited₹36.72 Cr (FY 2024)1.0%Hyderabad, Telangana, India
Azalp Technologies Private Limitedthis company₹29.3 Cr (FY 2025)-₹20.51 Cr-70%34.0%46Bangalore, Karnataka, India
Tellytune Entertainment Private Limited₹20.28 Cr (FY 2025)-42.0%Ludhiana, Punjab, India

To see the full peer comparison of Azalp Technologies Private Limited, buy the company report.

Auditor

Azalp Technologies Private Limited is audited by Deloitte Haskins & Sells for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2024008072S

Shareholding

The shareholding of Azalp Technologies Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Azalp Technologies Private Limited, buy the company report.

Deals & funding

Azalp Technologies Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹188.22 Cr; the latest was in February 2023.

Total deals
5
Funding rounds
5
Disclosed funding
₹188.22 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Apr 2022Funding round · Series A₹76.64 CrInvestors: Stellaris Venture Partners, Peak XV Partners (Sequoia India and SEA), Accel India
Aug 2021Funding round · Seed₹4.4 CrInvestors: Accel India, Titan Capital, Angel List
Aug 2021Funding round · Seed₹2.1 CrInvestors: Stellaris Venture Partners, Hauz Khas Ventures, 2 individuals

To see the full deal history of Azalp 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.

MSME payment delays

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

Employees & EPFO

Azalp Technologies Private Limited has a workforce of 46 employees on its EPFO records as of Oct 16, 2025, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
-56.19%

GST

Azalp Technologies has 38 GST registrations: 36 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
38
Active
36
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAVCA3286G1Z3KarnatakaActive11 Jun 2021
29AAVCA3286G1CEKarnatakaActive11 Feb 2022
27AAVCA3286G1CIMaharashtraActive05 Apr 2022
09AAVCA3286G1CGUttar PradeshActive07 Jul 2022

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

Recent activity

Azalp Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Rahul Chowdhri ceased to be Additional Director on 20 Apr 2022.

AGM
Azalp Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Azalp Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Rahul Chowdhri ceased to be Additional Director.
Appointed
Ananya Singhal was appointed as Director.
Appointed
Swapnil Saurav was appointed as Director.
Incorporation
11 Jun 2021
Azalp Technologies Private Limited was registered on 11 Jun 2021 with Roc Bangalore & aged 5 years 4 months as per MCA records.

Frequently asked questions

Azalp 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 11 June 2021 (5+ years old) and is registered under CIN U74999KA2021PTC148361.

Azalp Technologies has 2 current directors:

The latest financial statements of Azalp Technologies 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 2022 are in the company report.

The GSTIN of Azalp Technologies is 29AAVCA3286G1Z3, registered in Karnataka. The company has 38 GST registrations in all, of which 36 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAVCA3286G1CE (Karnataka), 27AAVCA3286G1CI (Maharashtra), 09AAVCA3286G1CG (Uttar Pradesh).

The CIN (Corporate Identification Number) of Azalp Technologies is U74999KA2021PTC148361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Azalp Technologies was incorporated on 11 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Azalp Technologies has 5 deals on record (5 funding rounds), with disclosed funding of ₹188.22 Cr; the latest was in February 2023.

The peers of Azalp Technologies by revenue are Vidgyor Media Technologies Private Limited, Yupp Video Services India Private Limited, Tellytune Entertainment Private Limited, all in the Ecommerce and Internet industry (Streaming Media), with the same principal business activity (other information & communication service activities).

Rahul Chowdhri ceased to be Additional Director on 20 Apr 2022. Ananya Singhal was appointed as Director on 11 Jun 2021. Swapnil Saurav was appointed as Director on 11 Jun 2021.

Yes, Azalp Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Azalp Technologies is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0085314).