About Cornerstone Ondemand Services India Private Limited
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Cornerstone Ondemand Services India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Cornerstone Ondemand Global Operations Inc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 April 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC202413. Its GSTIN is 27AADCC9413H1ZO (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.24 Lakh. It was led by directors Nishchae Suri and Shanna Jane Helen Laughton.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹233.63 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹26.29 Cr (net margin 11.3%) and EBITDA of ₹40.86 Cr (EBITDA margin 17.5%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 27% over five years.
The company had about 798 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Cornerstone. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2014. Its 5 peer companies in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Qa Infotech Software Services Private Limited with revenue of ₹245.14 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 16 overdue payments to 9 micro and small suppliers.
The last known website on record is cornerstoneondemand.com.
Company details
Contact details
Cornerstone Ondemand Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is cornerstoneondemand.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.908 909 & 910 9th Floor Kanakia Wall Street, Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cornerstone Ondemand Services India 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
Cornerstone Ondemand Services India operates one associated brand: Cornerstone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based HRMS platform powered by AI for workforce management. | cornerstoneondemand.com |
Business activity
The main business activity of Cornerstone Ondemand Services India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cornerstone Ondemand Services India Private Limited, buy the company report.
Financials of Cornerstone Ondemand Services India Private Limited
FY 2024 filings availableCornerstone Ondemand Services India Private Limited reported revenue of ₹233.63 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 27% growth in the latest year. EBITDA rose 38% 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 | ₹40.86 Cr | ||||
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| Net Profit (PAT) | ₹26.29 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 17.5% | ||||
| Net Profit Margin | 11.3% | ||||
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To see the full financial statements and ratios of Cornerstone Ondemand Services India Private Limited, buy the company report.
Board of directors of Cornerstone Ondemand Services India Private Limited
Cornerstone Ondemand Services India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishchae Suri | Director | 15 Feb 2023 | 3 Years 8 Months | As last reported |
| Shanna Jane Helen Laughton Also directs: Cornerstone Ondemand Enterprise India Private Limited | Director | 05 Feb 2022 | 4 Years 8 Months | As last reported |
Peer comparison
Cornerstone Ondemand Services India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qa Infotech Software Services Private Limited | ₹245.14 Cr (FY 2022) | 14.0% | New Delhi, Delhi, India | |||
| Enreap India Private Limited | ₹242.41 Cr (FY 2025) | 43.0% | Pune, Maharashtra, India | |||
| 63 Moons Technologies Limited | ₹236.09 Cr (FY 2025) | -54.0% | Chennai, Tamil Nadu, India | |||
| Cornerstone Ondemand Services India Private Limitedthis company | ₹233.63 Cr (FY 2024) | ₹26.29 Cr | 11.3% | 27.0% | 798 | Mumbai, Maharashtra, India |
| Gigamon Solutions India Private Limited | ₹225.15 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Logix Infosecurity Private Limited | ₹221.45 Cr (FY 2023) | 38.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Cornerstone Ondemand Services India Private Limited, buy the company report.
Auditor
Cornerstone Ondemand Services India Private Limited is audited by SEEMA SRIRAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEEMA SRIRAM & ASSOCIATES | FY 2023 | 120978W |
Shareholding
The shareholding of Cornerstone Ondemand Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Cornerstone Ondemand Services India Private Limited, buy the company report.
Deals & funding
Cornerstone Ondemand Services India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Cornerstone Ondemand Global Operations Inc, Cornerstone Ondemand Holdings Inc Seller: Swifting Corporate Services Privated Limited, an individual |
| Dec 2013 | Funding round | ₹2.4 Cr | Investors: Cornerstone Ondemand Global Operations Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cornerstone Ondemand Services India 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
Cornerstone Ondemand Services India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 16 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Royal Orchid Hotels Limited | |||
| an individual supplier | |||
| Saswad Tours and Travels Private Limited | |||
| Happy King Hospitality LLP | |||
| an individual supplier |
To see the full MSME payment records of Cornerstone Ondemand Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cornerstone Ondemand Services India Private Limited has a workforce of 798 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Cornerstone Ondemand Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC9413H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornerstone Ondemand Services India Private Limited, buy the company report.
Recent activity
Cornerstone Ondemand Services India Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Nishchae Suri ceased to be Additional Director on 29 Sep 2023.
3 earlier events are in the company report.
News
Frequently asked questions
Cornerstone Ondemand Services India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Cornerstone Ondemand Services India was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 26 April 2010 and is registered under CIN U72900MH2010PTC202413. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cornerstone Ondemand Services India was incorporated on 26 April 2010. It is registered with the Registrar of Companies, Mumbai.
Cornerstone Ondemand Services India had 2 directors:
- Nishchae Suri - Director
- Shanna Jane Helen Laughton - Director
The CIN (Corporate Identification Number) of Cornerstone Ondemand Services India is U72900MH2010PTC202413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Cornerstone Ondemand Services India is at No.908 909 & 910 9th Floor Kanakia Wall Street, Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
Cornerstone Ondemand Services India can be reached through the website cornerstoneondemand.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Cornerstone Ondemand Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cornerstone Ondemand Services India is 27AADCC9413H1ZO, registered in Maharashtra.
Cornerstone Ondemand Services India operated in the information technology industry, in the application development and software solutions segment.
Cornerstone Ondemand Services India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in March 2014.
The peers of Cornerstone Ondemand Services India by revenue are Qa Infotech Software Services Private Limited, Enreap India Private Limited, 63 Moons Technologies Limited, Gigamon Solutions India Private Limited, Logix Infosecurity Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).