About Deepsource Private Limited
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Deepsource Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Deepsource Corp.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC127620. Its GSTIN is 29AAHCD4121D1Z0 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Nidhi Jain Hinger and Jaipradeesh Janarthanan.
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 #2004 3rd Floor 100Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.04 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹32.46 Lakh (net margin 6.4%) and EBITDA of ₹60.62 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 43% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DeepSource.
For more details, the company can be reached via its website deepsource.io.
Company details
Contact details
Deepsource Private Limited's registered office is in Bangalore, Karnataka. Its website is deepsource.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#2004 3rd Floor 100Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Deepsource 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
Deepsource operates one associated brand: DeepSource. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tools for debugging and identifying code security vulnerabilities are provided. | deepsource.com |
Business activity
The main business activity of Deepsource 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 Deepsource Private Limited, buy the company report.
Financials of Deepsource Private Limited
FY 2025 filings availableDeepsource Private Limited reported revenue of ₹5.04 Cr (down 44% YoY) for FY 2025.
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 43%. EBITDA fell 51% 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 | ₹60.62 Lakh | ||||
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| Net Profit (PAT) | ₹32.46 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 | 12% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Deepsource Private Limited, buy the company report.
Board of directors of Deepsource Private Limited
Deepsource has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Jain Hinger Also directs: Nimegh Consultancy and Advisory Private Limited | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Jaipradeesh Janarthanan | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
| Sanket Saurav | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Deepsource 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 |
|---|---|---|---|---|---|---|
| Klimaanlage Engineering Services Private Limited | ₹5.05 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India | |||
| D2r AI Labs Private Limited | ₹5.05 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Apoorvaplus Software Private Limited | ₹5.04 Cr (FY 2024) | 48.0% | Bangalore, Karnataka, India | |||
| Jr Automation Technology Private Limited | ₹5.04 Cr (FY 2025) | 52.0% | Gandhinagar, Gujarat, India | |||
| Seans Media Private Limited | ₹5.04 Cr (FY 2023) | -59.0% | Hoskote, Karnataka, India | |||
| Deepsource Private Limitedthis company | ₹5.04 Cr (FY 2025) | ₹32.46 Lakh | 6.4% | -44.0% | 16 | Bangalore, Karnataka, India |
| VD Stride Media Private Limited | ₹5.03 Cr (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Iron Logic Digital Labs Private Limited | ₹5.03 Cr (FY 2025) | 44.0% | Mohali, Punjab, India | |||
| Integrated Enterprise Solutions Private Limited | ₹5.03 Cr (FY 2024) | 125.0% | Karur, Tamil Nadu, India | |||
| Textify Digitals Private Limited | ₹5.02 Cr (FY 2024) | 315.0% | Delhi, India | |||
| Unisis Techglobe Services Private Limited | ₹5.02 Cr (FY 2025) | -36.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Deepsource Private Limited, buy the company report.
Auditor
Deepsource Private Limited is audited by Chitra Hegde & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chitra Hegde & Associates | FY 2023 | 022310S |
Shareholding
The shareholding of Deepsource Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Deepsource Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Deepsource 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 Deepsource Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Deepsource Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Deepsource has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD4121D1Z0 | Karnataka | Active | 23 Oct 2019 |
To see the full GST registrations and return filing status of Deepsource Private Limited, buy the company report.
Recent activity
Deepsource Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Nidhi Jain Hinger was appointed as Director on 01 Oct 2023.
Frequently asked questions
Deepsource is an active foreign 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 03 September 2019 (7+ years old) and is registered under CIN U72900KA2019FTC127620.
Deepsource has 3 current directors:
- Nidhi Jain Hinger - Director
- Jaipradeesh Janarthanan - Director
- Sanket Saurav - Director
The latest financial statements of Deepsource 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 2020 are in the company report.
The GSTIN of Deepsource is 29AAHCD4121D1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Deepsource is U72900KA2019FTC127620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deepsource was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Deepsource by revenue are Klimaanlage Engineering Services Private Limited, D2r AI Labs Private Limited, Apoorvaplus Software Private Limited, Jr Automation Technology Private Limited, Seans Media Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Nidhi Jain Hinger was appointed as Director on 01 Oct 2023. Jaipradeesh Janarthanan was appointed as Director on 03 Sep 2019. Sanket Saurav was appointed as Director on 03 Sep 2019.
Deepsource can be reached through the website deepsource.io. Its registered office is in Bangalore, Karnataka, India.
The registered office of Deepsource is at #2004 3rd Floor 100Ft Road Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
Deepsource operates in the information technology industry, in the application development and software solutions segment.