About Cradlewise Innovations Private Limited
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Cradlewise Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cradlewise Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36999KA2019PTC123276. Its GSTIN is 29AAICC1197P1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Radhika Bharath Patil and Bharath Patil.
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 A – 102 Surakshaa Fairview Near Sai Baba Ashram Belathur Kadugodi, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.17 Cr, a growth of 140% compared to the previous year. For the same year it recorded a net profit of ₹27.67 Lakh (net margin 2%) and EBITDA of ₹1.03 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 243% over three years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cradlewise. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in December 2019. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Gbus Well (OPC) Private Limited with revenue of ₹14.2 Cr.
For more details, the company can be reached via its website cradlewise.com.
Company details
Contact details
Cradlewise Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is cradlewise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 102 Surakshaa Fairview Near Sai Baba Ashram Belathur Kadugodi, Bangalore, Karnataka, India – 560067
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cradlewise Innovations 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
Cradlewise Innovations operates one associated brand: Cradlewise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Baby monitoring cradles with sleep safety features are provided. | cradlewise.com |
Business activity
The main business activity of Cradlewise Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Cradlewise Innovations Private Limited, buy the company report.
Financials of Cradlewise Innovations Private Limited
FY 2024 filings availableCradlewise Innovations Private Limited reported revenue of ₹14.17 Cr (up 140% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 243% over three years, including 140% growth in the latest year. EBITDA rose 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹14.17 Cr | |||
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| Total Expenses | ||||
| EBITDA | ₹1.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.67 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.2% | |||
| Net Profit Margin | 2% | |||
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To see the full financial statements and ratios of Cradlewise Innovations Private Limited, buy the company report.
Board of directors of Cradlewise Innovations Private Limited
Cradlewise Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Bharath Patil | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
| Bharath Patil Also directs: Chigroo Labs Private Limited | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Cradlewise Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gbus Well (OPC) Private Limited | ₹14.2 Cr (FY 2024) | 251.0% | New Delhi, Delhi, India | |||
| Hestabit Technologies Private Limited | ₹14.2 Cr (FY 2023) | 27.0% | Delhi, India | |||
| I4s Infra Security Solution Private Limited | ₹14.18 Cr (FY 2024) | 0.0% | Noida, Uttar Pradesh, India | |||
| Identityplus Private Limited | ₹14.18 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Metieta Advertising Private Limited | ₹14.18 Cr (FY 2024) | 32.0% | Ahmedabad, Gujarat, India | |||
| Cradlewise Innovations Private Limitedthis company | ₹14.17 Cr (FY 2023) | ₹27.67 Lakh | 2% | 140.0% | 57 | Bangalore, Karnataka, India |
| Butler Technical Services India Private Limited | ₹14.17 Cr (FY 2015) | 11.0% | Hyderabad, Telangana, India | |||
| Ordr India Private Limited | ₹14.13 Cr (FY 2025) | 31.0% | Bangalore, Karnataka, India | |||
| Allied Media Network Private Limited | ₹14.13 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| NL Transportation Private Limited | ₹14.12 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Knowtable Online Services Private Limited | ₹14.12 Cr (FY 2025) | 40.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Cradlewise Innovations Private Limited, buy the company report.
Auditor
Cradlewise Innovations Private Limited is audited by AHUJA VALECHA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AHUJA VALECHA & ASSOCIATES LLP | FY 2023 | 126791W/W100132 |
Shareholding
The shareholding of Cradlewise Innovations Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cradlewise Innovations Private Limited, buy the company report.
Deals & funding
Cradlewise Innovations Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in December 2019.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Cradlewise Inc Seller: an individual |
To see the full deal history of Cradlewise Innovations Private Limited, buy the company report.
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 Cradlewise Innovations 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 Cradlewise Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cradlewise Innovations Private Limited has a workforce of 57 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Cradlewise Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC1197P1ZX | Karnataka | Active | 19 Aug 2019 |
To see the full GST registrations and return filing status of Cradlewise Innovations Private Limited, buy the company report.
Recent activity
Cradlewise Innovations Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bharath Patil was appointed as Director on 08 Apr 2019.
News
Frequently asked questions
Cradlewise Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 April 2019 (7+ years old) and is registered under CIN U36999KA2019PTC123276.
Cradlewise Innovations has 2 current directors:
- Radhika Bharath Patil - Director
- Bharath Patil - Director
The latest financial statements of Cradlewise Innovations 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 2020 are in the company report.
The GSTIN of Cradlewise Innovations is 29AAICC1197P1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Cradlewise Innovations is U36999KA2019PTC123276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cradlewise Innovations was incorporated on 08 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Cradlewise Innovations has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹1.75 Cr; the latest was in December 2019.
The peers of Cradlewise Innovations by revenue are Gbus Well (OPC) Private Limited, Hestabit Technologies Private Limited, I4s Infra Security Solution Private Limited, Identityplus Private Limited, Metieta Advertising Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bharath Patil was appointed as Director on 08 Apr 2019. Radhika Bharath Patil was appointed as Director on 08 Apr 2019.
Cradlewise Innovations can be reached through the website cradlewise.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cradlewise Innovations is at A – 102 Surakshaa Fairview Near Sai Baba Ashram Belathur Kadugodi, Bangalore, Karnataka, India – 560067.