About Cleverbit Solutions Private Limited
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Cleverbit Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 04 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC106926. Its GSTIN is 29AAHCC2242A1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gurunath Neelakanthrao Deshmukh and Vijay Mahantesh Shankarappa Mulge.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 2514/U 7th A Main Rpc Layout Opposite Bbmp Swimming Pool Vijaynagar, Bengaluru, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.59 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Lakh (net margin -6%) and EBITDA of -₹1.29 Lakh (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 225% over three years and 15% over five years.
The company is associated with 1 brand: Cleverbit Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleverbit.in.
Company details
Contact details
Cleverbit Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is cleverbit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 2514/U 7th A Main Rpc Layout Opposite Bbmp Swimming Pool Vijaynagar, Bengaluru, Karnataka, India – 560040
- IndustryEducation, Corporate Training & Development
To see the full contact details of Cleverbit Solutions 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
Brands
Cleverbit Solutions operates one associated brand: Cleverbit Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of skill academy for college students, graduates, and working professionals | cleverbit.in |
Financials of Cleverbit Solutions Private Limited
FY 2024 filings availableCleverbit Solutions Private Limited reported revenue of ₹21.59 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 171% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.29 Lakh | ||||
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| Net Profit (PAT) | -₹1.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -6% | ||||
| Net Profit Margin | -6% | ||||
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To see the full financial statements and ratios of Cleverbit Solutions Private Limited, buy the company report.
Board of directors of Cleverbit Solutions Private Limited
Cleverbit Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurunath Neelakanthrao Deshmukh | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
| Vijay Mahantesh Shankarappa Mulge | Director | 04 Oct 2017 | 9 Years 1 Months | Current |
| Doddabasappa Veerapur Also directs: Cadmaxx Solutions Private Limited, Hyka Renewable Energy Private Limited, Cadmaxx Edtech Private Limited and 2 more | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Cleverbit Solutions Private Limited is audited by BHEEMASHANKER DESHMUKH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHEEMASHANKER DESHMUKH & CO | FY 2020 | 015155S |
Shareholding
The shareholding of Cleverbit Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cleverbit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cleverbit Solutions 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 Cleverbit Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cleverbit Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC2242A1Z5 | Karnataka | Active | 07 Nov 2019 |
To see the full GST registrations and return filing status of Cleverbit Solutions Private Limited, buy the company report.
Recent activity
Cleverbit Solutions Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Vijay Mahantesh Shankarappa Mulge ceased to be Director on 20 Sep 2025.
Frequently asked questions
Cleverbit Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 04 October 2017 (9+ years old) and is registered under CIN U72900KA2017PTC106926.
Cleverbit Solutions has 3 current directors:
- Gurunath Neelakanthrao Deshmukh - Director
- Vijay Mahantesh Shankarappa Mulge - Director
- Doddabasappa Veerapur - Director
The latest financial statements of Cleverbit Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Cleverbit Solutions is 29AAHCC2242A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Cleverbit Solutions is U72900KA2017PTC106926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleverbit Solutions was incorporated on 04 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Vijay Mahantesh Shankarappa Mulge ceased to be Director on 20 Sep 2025. Doddabasappa Veerapur was appointed as Director on 19 Nov 2021. Gurunath Neelakanthrao Deshmukh was appointed as Director on 19 Nov 2021. Cleverbit Solutions has 6 board changes on record in total.
Cleverbit Solutions can be reached through the website cleverbit.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Cleverbit Solutions is at No 2514U 7th A Main Rpc Layout Opposite Bbmp Swimming Pool Vijaynagar, Bengaluru, Karnataka, India – 560040.
Cleverbit Solutions operates in the education industry, in the corporate training and development segment.
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