About Cheerio Technologies Private Limited
Data last updated:
Cheerio Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 23 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC141341. Its GSTIN is 29AAJCC1310K1ZR (Karnataka).
The company has an authorised share capital of ₹5.45 Lakh and a paid-up capital of ₹1.37 Lakh. It is led by directors Nishant Kumar and Avinash Upadhyay.
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 ₹44.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹62.54 Lakh (net margin -140.3%) and EBITDA of -₹58.9 Lakh (EBITDA margin -132.1%).
The company is associated with 1 brand: Cheerio. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.4 Cr; the latest was in March 2026. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies) are compared by revenue, 5 larger and 5 smaller; the largest is Agpbooks Publication Private Limited with revenue of ₹44.77 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cheerio.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#17 2nd Floor 7th Main Road, II Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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
- One PDF report, delivered after checkout
Business Activity of Cheerio Technologies Private Limited
The main business activity of Cheerio Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cheerio Technologies Private Limited FY 2025 filings available
Cheerio Technologies Private Limited reported revenue of ₹44.57 Lakh (up 1249% YoY) for FY 2024.
Financial Statement Summary of Cheerio Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | -₹58.9 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹62.54 Lakh | •••• | •••• | •••• |
| 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 of Cheerio Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -132.1% | •••• | •••• | •••• |
| Net Profit Margin | -140.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cheerio Technologies are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cheerio Technologies Private Limited
Cheerio Technologies Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agpbooks Publication Private Limited | ₹44.77 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Allahabad, Uttar Pradesh, India |
| Sterllink Display Private Limited | ₹44.66 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Chennai, Tamil Nadu, India |
| Erfolg Media Network Private Limited | ₹44.65 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Pisoli, Maharashtra, India |
| Anm Agro Products Private Limited | ₹44.62 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Atlytic Enterprises Private Limited | ₹44.59 Lakh (FY 2025) | •••• | •••• | 62.0% | •••• | Begusarai, Bihar, India |
| Cheerio Technologies Private Limited this company | ₹44.57 Lakh (FY 2024) | •••• | •••• | 1249.0% | •••• | Bangalore, Karnataka, India |
| Esdee Constant Brandstory (OPC) Private Limited | ₹44.41 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Kolkata, West Bengal, India |
| Creativewave Media Private Limited | ₹44.32 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Thoughtcrop Communication Private Limited | ₹44.31 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Sphinx Creative Communications (India) Private Limited | ₹44.29 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Cortex Media Marketing Private Limited | ₹44.27 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Cheerio Technologies by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cheerio Technologies Private Limited
Cheerio Technologies Private Limited is audited by NIMODIYA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIMODIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cheerio Technologies Private Limited
Cheerio Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Kumar | Director | 23 Nov 2020 | 5 Years 10 Months | Current |
| Avinash Upadhyay | Director | 23 Nov 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Cheerio Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cheerio Technologies Private Limited
Cheerio Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Cheerio Technologies Private Limited
Cheerio Technologies Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.4 Cr; the latest was in March 2026.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Seed | ₹8 Cr | Investors: LVX (LetsVenture), Artha Venture Fund, Hyderabad Angels |
| Jun 2023 | Funding round | Undisclosed | Investors: Vertoz Limited |
| Jun 2021 | Funding round | ₹39.5 Lakh | Investors: 4 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Cheerio Technologies Private Limited
Cheerio Technologies operates one associated brand: Cheerio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Like-minded users are connected through a mobile social platform. | cheerio.in |
Employees and EPFO Compliance at Cheerio Technologies Private Limited
Cheerio Technologies Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Cheerio Technologies Private Limited
Recent Activity on Cheerio Technologies Private Limited
Cheerio Technologies Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Avinash Upadhyay was appointed as Director on 23 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Cheerio Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cheerio Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cheerio Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cheerio Technologies Private Limited
Cheerio Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC1310K1ZR | Karnataka | Active | 27 Aug 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cheerio Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cheerio Technologies Private Limited
Cheerio Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 23 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141341.
Cheerio Technologies reported revenue of ₹44.57 Lakh for FY 2024 (up 1249% YoY).
Cheerio Technologies has 2 current directors:
- Nishant Kumar - Director
- Avinash Upadhyay - Director
Cheerio Technologies reported a net loss of ₹62.54 Lakh (net margin -140.3%) and EBITDA of -₹58.9 Lakh (EBITDA margin -132.1%) for FY 2024, as per its filed financial statements.
The GSTIN of Cheerio Technologies is 29AAJCC1310K1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Cheerio Technologies is U72900KA2020PTC141341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheerio Technologies was incorporated on 23 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Cheerio Technologies has 3 deals on record (3 funding rounds), with disclosed funding of ₹8.4 Cr; the latest was in March 2026.
The peers of Cheerio Technologies by revenue are Agpbooks Publication Private Limited, Sterllink Display Private Limited, Erfolg Media Network Private Limited, Anm Agro Products Private Limited, Atlytic Enterprises Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Avinash Upadhyay was appointed as Director on 23 Nov 2020. Nishant Kumar was appointed as Director on 23 Nov 2020.
Yes, Cheerio Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).