About Cyllid Technologies Private Limited
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Cyllid Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 04 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC096928. Its GSTIN is 29AAGCC6749K1Z1 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹21.8 Lakh and a paid-up capital of ₹12.47 Lakh. It is led by directors including Ashish Gupta and Sourabh Gupta.
Its last annual general meeting (AGM) was held on 29 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 2025, the company reported a revenue of ₹43.52 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹36.71 Cr (net margin -84.4%) and EBITDA of -₹36.39 Cr (EBITDA margin -83.6%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 119% over five years.
The company has about 117 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Skit.ai. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹326.23 Cr; the latest was in May 2023. 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 Emc Technology India Private Limited with revenue of ₹43.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skit.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address315 Work Avenue Adonis Bbmp Municipal Number 3/1, Kolar Road (Old Madras Road) Sarvagna Nagar Ward No. 85 Binnamangala, Bangalore, Karnataka, India – 560038
- IndustryInternet, Online Service Marketplaces
- 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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Business Activity of Cyllid Technologies Private Limited
The main business activity of Cyllid 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 Cyllid Technologies Private Limited FY 2025 filings available
Cyllid Technologies Private Limited reported revenue of ₹43.52 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cyllid Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 119% over five years, including 12% growth in the latest year. EBITDA rose 41% 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 of Cyllid Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹36.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹36.71 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Cyllid Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -84.4% | •••• | •••• | •••• | •••• |
| 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 Cyllid Technologies are in the company report.
Financial statements from FY 2017
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 Cyllid Technologies Private Limited
Cyllid Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emc Technology India Private Limited | ₹43.73 Cr (FY 2022) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Nisc Export Services Private Limited | ₹43.7 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Hyderabad, Telangana, India |
| Logtech Infoway Private Limited | ₹43.68 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Thiruvananthapuram, Kerala, India |
| Fusionnet Web Services Limited | ₹43.62 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Maxicus Technologies Private Limited | ₹43.56 Cr (FY 2025) | •••• | •••• | 242.0% | •••• | Amritsar, Punjab, India |
| Cyllid Technologies Private Limited this company | ₹43.52 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Myscoot Tech Private Limited | ₹43.42 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | New Delhi, Delhi, India |
| Loconav India Private Limited | ₹43.2 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| International Market Assessment (India) Private Limited | ₹43.16 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Allshore Technologies Private Limited | ₹43.05 Cr (FY 2025) | •••• | •••• | 167.0% | •••• | Hyderabad, Telangana, India |
| Blucognition Private Limited | ₹42.99 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cyllid Technologies by revenue in the same principal business activity (Other information & communication service activities), 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 Cyllid Technologies Private Limited
Cyllid Technologies Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | 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 Cyllid Technologies Private Limited
Cyllid Technologies has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Kuchhal | Nominee Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Ashish Gupta | Director | 13 Sep 2021 | 5 Years 1 Months | Current |
| Sourabh Gupta | Director | 04 Oct 2016 | 10 Years 0 Months | Current |
| Vani Kola | Nominee Director | 08 Jun 2021 | 5 Years 4 Months | Current |
| Akshay Deshraj | Director | 04 Oct 2016 | 10 Years 0 Months | Current |
| Sashi Reddi Parvatha Also directs: Sashi Reddi Investment Advisors LLP, Uncover Wellness Private Limited, T-Hub Foundation and 1 more | Nominee Director | 13 Sep 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Cyllid 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 Cyllid Technologies Private Limited
Cyllid Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Cyllid Technologies Private Limited
Cyllid Technologies Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹326.23 Cr; the latest was in May 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Exfinity Venture Partners Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Indian Angel Network Fund, Exfinity Venture Partners, Kalaari Capital Seller: 4 individuals |
| Jul 2021 | Funding round · Series B | ₹151.51 Cr | Investors: Westbridge Capital Partners, Exfinity Venture Partners, Kalaari Capital |
| Apr 2020 | Funding round · Pre-Series A | ₹29.75 Cr | Investors: Exfinity Venture Partners, Indian Angel Network Fund, Kalaari Capital |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 10 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.
Employees and EPFO Compliance at Cyllid Technologies Private Limited
Cyllid Technologies Private Limited has a workforce of 117 employees as of Apr 07, 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 Cyllid Technologies Private Limited
Recent Activity on Cyllid Technologies Private Limited
Cyllid Technologies Private Limited has 11 board changes on record since 2016: 6 appointments and 5 cessations. The latest: Rajiv Kuchhal was appointed as Nominee Director on 30 Sep 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cyllid 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 Cyllid 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 Cyllid 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 Cyllid Technologies Private Limited
Cyllid Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC6749K1Z1 | Karnataka | Active | 10 Aug 2017 |
| 06AAGCC6749K1Z9 | Haryana | Active | 05 Jul 2022 |
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 Cyllid 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 Cyllid Technologies Private Limited
Cyllid Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 04 October 2016 (10+ years old) and is registered under CIN U72900KA2016PTC096928.
Cyllid Technologies reported revenue of ₹43.52 Cr for FY 2025 (up 12% YoY).
Cyllid Technologies has 6 current directors:
- Rajiv Kuchhal - Nominee Director
- Ashish Gupta - Director
- Sourabh Gupta - Director
- Vani Kola - Nominee Director
- Akshay Deshraj - Director
- Sashi Reddi Parvatha - Nominee Director
Cyllid Technologies reported a net loss of ₹36.71 Cr (net margin -84.4%) and EBITDA of -₹36.39 Cr (EBITDA margin -83.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cyllid Technologies is 54% over three years and 119% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cyllid Technologies is 29AAGCC6749K1Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAGCC6749K1Z9 (Haryana).
The CIN (Corporate Identification Number) of Cyllid Technologies is U72900KA2016PTC096928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cyllid Technologies was incorporated on 04 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Cyllid Technologies has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹326.23 Cr; the latest was in May 2023.
The peers of Cyllid Technologies by revenue are Emc Technology India Private Limited, Nisc Export Services Private Limited, Logtech Infoway Private Limited, Fusionnet Web Services Limited, Maxicus Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Rajiv Kuchhal was appointed as Nominee Director on 30 Sep 2024. Nihar Ranjan ceased to be Nominee Director on 22 Jun 2024. Raman Roy ceased to be Nominee Director on 30 Mar 2023. Cyllid Technologies has 11 board changes on record in total.