MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0228912
Culturegrade Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.97 Cr
▲ 12% YoY
Net profit · FY 2025
₹8.98 Lakh
Net margin 1%
EBITDA · FY 2025
₹1.31 Cr
EBITDA margin 14.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
40
Provident fund records
Directors on board
3
As per MCA filings
About Culturegrade Technologies Private Limited
Data last updated:
Culturegrade Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Peoplebox, Inc.,. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 05 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC118313. Its GSTIN is 29AAHCC8493R1ZH (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhinav Mahesh Chugh and Valliammai.
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 #677 1st Floor Suit No 175 13th Cross Sector – 1 Hsy Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.97 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹8.98 Lakh (net margin 1%) and EBITDA of ₹1.31 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Peoplebox.
Culturegrade Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0228912). For more details, the company can be reached via its website peoplebox.ai.
Company details
CIN U74999KA2018FTC118313
Registration Number 118313
Incorporation Date 05 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Peoplebox, Inc.,
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0228912
Recognitions & Rankings of Culturegrade Technologies
Contact details
Culturegrade Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is peoplebox.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#677 1st Floor Suit No 175 13th Cross Sector – 1 Hsy Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Software Development & Support Services, Application Development & Software Solutions
To see the full contact details of Culturegrade Technologies Private Limited, buy the company report.
Comprehensive company report
Culturegrade Technologies Private Limited - one report that includes everything
- 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
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Brands
Culturegrade Technologies operates one associated brand: Peoplebox. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered talent management platform is provided for HR processes. | peoplebox.ai |
Business activity
The main business activity of Culturegrade Technologies 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 Culturegrade Technologies Private Limited, buy the company report.
Financials of Culturegrade Technologies Private Limited
FY 2025 filings availableCulturegrade Technologies Private Limited reported revenue of ₹8.97 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹8.97 Cr ▲ 12%
Net profit · FY 2025
₹8.98 Lakh margin 1%
EBITDA · FY 2025
₹1.31 Cr margin 14.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 12% growth in the latest year. EBITDA fell 15% 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 | ₹1.31 Cr | ||||
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| Net Profit (PAT) | ₹8.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Culturegrade Technologies Private Limited, buy the company report.
Board of directors of Culturegrade Technologies Private Limited
Culturegrade Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Mahesh Chugh Also directs: Kalpvriksh Labs Private Limited | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
| Valliammai | Director | 27 Jan 2020 | 6 Years 9 Months | Current |
| Allagappan Muthuraman Also directs: Kalpvriksh Labs Private Limited | Director | 05 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Culturegrade Technologies Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Ignite Solutions India Private Limited | ₹8.98 Cr (FY 2024) | -32.0% | Pune, Maharashtra, India | |||
| Rudrabhishek Infosystem Private Limited | ₹8.97 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Culturegrade Technologies Private Limitedthis company | ₹8.97 Cr (FY 2025) | ₹8.98 Lakh | 1% | 12.0% | 40 | Bangalore, Karnataka, India |
| Empover I-Tech Private Limited | ₹8.96 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Tryon Solutions India Private Limited | ₹8.8 Cr (FY 2025) | 55.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Culturegrade Technologies Private Limited, buy the company report.
Auditor
Culturegrade Technologies Private Limited is audited by Shobha & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shobha & Co. | FY 2024 | 008699S |
Shareholding
The shareholding of Culturegrade Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Culturegrade Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Culturegrade Technologies 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 Culturegrade Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Culturegrade Technologies Private Limited has a workforce of 40 employees on its EPFO records as of Feb 07, 2026, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
25%
GST
Culturegrade Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC8493R1ZH | Karnataka | Active | 03 Jan 2019 |
To see the full GST registrations and return filing status of Culturegrade Technologies Private Limited, buy the company report.
Recent activity
Culturegrade Technologies Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Shriniwas Shriramamurty Mutnure ceased to be Additional Director on 29 Jul 2021.
AGM
Culturegrade Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Culturegrade Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Shriniwas Shriramamurty Mutnure ceased to be Additional Director.
Ceased
Valliammai ceased to be Additional Director.
Appointed
Valliammai was appointed as Director.
Appointed
Abhinav Mahesh Chugh was appointed as Director.
Appointed
Allagappan Muthuraman was appointed as Director.
Incorporation
05 Nov 2018
Culturegrade Technologies Private Limited was registered on 05 Nov 2018 with Roc Bangalore & aged 8 years 1 day as per MCA records.
Frequently asked questions
Culturegrade Technologies is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 05 November 2018 (8+ years old) and is registered under CIN U74999KA2018FTC118313.
Culturegrade Technologies has 3 current directors:
- Abhinav Mahesh Chugh - Director
- Valliammai - Director
- Allagappan Muthuraman - Director
The latest financial statements of Culturegrade Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Culturegrade Technologies is 29AAHCC8493R1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Culturegrade Technologies is U74999KA2018FTC118313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Culturegrade Technologies was incorporated on 05 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Culturegrade Technologies by revenue are Ignite Solutions India Private Limited, Rudrabhishek Infosystem Private Limited, Empover I-Tech Private Limited, Tryon Solutions India Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Shriniwas Shriramamurty Mutnure ceased to be Additional Director on 29 Jul 2021. Valliammai ceased to be Additional Director on 31 Dec 2020. Valliammai was appointed as Director on 27 Jan 2020. Culturegrade Technologies has 5 board changes on record in total.
Yes, Culturegrade Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0228912).
Culturegrade Technologies can be reached through the website peoplebox.ai. Its registered office is in Bangalore, Karnataka, India.
The registered office of Culturegrade Technologies is at #677 1st Floor Suit No 175 13th Cross Sector – 1 Hsy Layout, Bangalore, Karnataka, India – 560102.
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