- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0063342
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About Carma Venture Services (I) Private Limited
Data last updated:
Carma Venture Services (I) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 22 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65921KA2010PTC058020. Its GSTIN is 29AADCC8811H2ZJ (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nandini Vaidyanathan and Medini Mangala.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 2 – 2 Oakyard Apartments East End D Main Road 38th Cross Jayanagar 9th Block, Bangalore, Karnataka, India – 560069.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.93 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹10.72 Lakh (net margin -31.6%) and EBITDA of -₹8.17 Lakh (EBITDA margin -24.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
Carma Venture Services (I) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0063342). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carmaconnect.in.
Company details
CIN history
Carma Venture Services (I) has one previous CIN (Corporate Identification Number): U65921MH2010PTC200313. The current CIN is U65921KA2010PTC058020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921KA2010PTC058020 | Current |
| U65921MH2010PTC200313 | Previous |
Recognitions & Rankings of Carma Venture Services (I)
Contact details
Carma Venture Services (I) Private Limited's registered office is in Bangalore, Karnataka. Its website is carmaconnect.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC – 2 – 2 Oakyard Apartments East End D Main Road 38th Cross Jayanagar 9th Block, Bangalore, Karnataka, India – 560069
- IndustryFinancial Services, Financial Activities
To see the full contact details of Carma Venture Services (I) 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 Carma Venture Services (I) is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Carma Venture Services (I) Private Limited, buy the company report.
Financials of Carma Venture Services (I) Private Limited
FY 2025 filings availableCarma Venture Services (I) Private Limited reported revenue of ₹33.93 Lakh (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 47% fall in the latest year. EBITDA fell 291% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8.17 Lakh | ||||
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| Net Profit (PAT) | -₹10.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.1% | ||||
| Net Profit Margin | -31.6% | ||||
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To see the full financial statements and ratios of Carma Venture Services (I) Private Limited, buy the company report.
Board of directors of Carma Venture Services (I) Private Limited
Carma Venture Services (I) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandini Vaidyanathan | Director | 22 Feb 2010 | 16 Years 8 Months | Current |
| Medini Mangala Also directs: D Fieux Consulting Private Limited | Director | 09 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Carma Venture Services (I) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geecee Business Private Limited | ₹34.02 Lakh (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Faering Capital Trustee Company Private Limited | ₹34.01 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Renick Business Solutions Private Limited | ₹34.01 Lakh (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| Front Players Investment Consultancy Private Limited (OPC) | ₹34 Lakh (FY 2025) | 47.0% | New Delhi, Delhi, India | |||
| Ridhisidhi Financial Consultants Private Limited | ₹33.99 Lakh (FY 2024) | 255.0% | Kolkata, West Bengal, India | |||
| Carma Venture Services (I) Private Limitedthis company | ₹33.93 Lakh (FY 2025) | -₹10.72 Lakh | -31.6% | -47.0% | Bangalore, Karnataka, India | |
| Utpl Corporate Trustees Private Limited | ₹33.86 Lakh (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| HM International Finance Limited | ₹33.86 Lakh (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Poornah Capital Private Limited | ₹33.84 Lakh (FY 2025) | Nagpur, Maharashtra, India | ||||
| Divij Commotrade Private Limited | ₹33.83 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Saraf Nivesh Private Limited | ₹33.81 Lakh (FY 2024) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Carma Venture Services (I) Private Limited, buy the company report.
Auditor
Carma Venture Services (I) Private Limited is audited by HVJ AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HVJ AND ASSOCIATES | FY 2017 | 011440S |
Shareholding
The shareholding of Carma Venture Services (I) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Carma Venture Services (I) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Carma Venture Services (I) 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 Carma Venture Services (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Carma Venture Services (I) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC8811H2ZJ | Karnataka | Active | 17 Oct 2018 |
| 08AADCC8811H1ZO | Rajasthan | Active | 24 May 2021 |
To see the full GST registrations and return filing status of Carma Venture Services (I) Private Limited, buy the company report.
Recent activity
Carma Venture Services (I) Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Bharat Bhushan Mithal ceased to be Director on 02 Mar 2016.
Frequently asked questions
Carma Venture Services (I) is an active private limited company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 22 February 2010 (16+ years old) and is registered under CIN U65921KA2010PTC058020.
Carma Venture Services (I) has 2 current directors:
- Nandini Vaidyanathan - Director
- Medini Mangala - Director
The latest financial statements of Carma Venture Services (I) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Carma Venture Services (I) is 29AADCC8811H2ZJ, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AADCC8811H1ZO (Rajasthan).
The CIN (Corporate Identification Number) of Carma Venture Services (I) is U65921KA2010PTC058020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carma Venture Services (I) was incorporated on 22 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Carma Venture Services (I) by revenue are Geecee Business Private Limited, Faering Capital Trustee Company Private Limited, Renick Business Solutions Private Limited, Front Players Investment Consultancy Private Limited (OPC), Ridhisidhi Financial Consultants Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Bharat Bhushan Mithal ceased to be Director on 02 Mar 2016. Medini Mangala ceased to be Additional Director on 05 Aug 2011. Hemant Nitturkar ceased to be Director on 09 Jun 2011. Carma Venture Services (I) has 7 board changes on record in total.
Yes, Carma Venture Services (I) is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0063342).
Carma Venture Services (I) can be reached through the website carmaconnect.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Carma Venture Services (I) is at C – 2 – 2 Oakyard Apartments East End D Main Road 38th Cross Jayanagar 9th Block, Bangalore, Karnataka, India – 560069.

