About Devrev Cloud India Private Limited
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Devrev Cloud India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Devrev Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC141826. Its GSTIN is 29AAICD1763G1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sunita Seth and Arun Seth.
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 Villa/460 Phase 2 Adarsh Palm Retreat Near Intel Office Deverabisanahalli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.9 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹9.41 Cr (net margin 6.5%) and EBITDA of ₹21.24 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dev Rev.
For more details, the company can be reached via its website devrev.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVilla/460 Phase 2 Adarsh Palm Retreat Near Intel Office Deverabisanahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Devrev Cloud India Private Limited
The main business activity of Devrev Cloud India 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 Devrev Cloud India Private Limited FY 2025 filings available
Devrev Cloud India Private Limited reported revenue of ₹143.9 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devrev Cloud India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 64% growth in the latest year. EBITDA rose 37% 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 Devrev Cloud India 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹21.24 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.41 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devrev Cloud India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.5% | •••• | •••• | •••• | •••• |
| 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 Devrev Cloud India are in the company report.
Financial statements from FY 2021
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 Devrev Cloud India Private Limited
Devrev Cloud India 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 |
|---|---|---|---|---|---|---|
| Aqm Technologies Private Limited | ₹146.51 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Sun Knowledge Private Limited | ₹145.83 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Kolkata, West Bengal, India |
| Enrich Data Services Private Limited | ₹144.66 Cr (FY 2025) | •••• | •••• | 232.0% | •••• | Delhi, India |
| Resideo Smart Home Technologies (India) Private Limited | ₹144.29 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Genetec Technology India Private Limited | ₹144.07 Cr (FY 2025) | •••• | •••• | 1023.0% | •••• | Bangalore, Karnataka, India |
| Devrev Cloud India Private Limited this company | ₹143.9 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
| Vintech Electronic Systems Private Limited | ₹143.4 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
| Meridian Solutions Private Limited | ₹143.17 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | New Delhi, Delhi, India |
| Grupo Antolin Design and Business Services Private Limited | ₹142.88 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Infoworld Technologies Private Limited | ₹142.84 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Celestica (India) Private Limited | ₹142.37 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Devrev Cloud India 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 Devrev Cloud India Private Limited
Devrev Cloud India Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHY & CO | 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 Devrev Cloud India Private Limited
Devrev Cloud India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Seth Also directs: Trinetra Business Advisors India LLP | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
| Arun Seth Also directs: Trinetra Business Advisors India LLP, Jubilant Pharmova Limited, Jubilant Ingrevia Limited and 5 more | Director | 03 Dec 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Devrev Cloud India 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 Devrev Cloud India Private Limited
Devrev Cloud India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devrev Cloud India Private Limited
Devrev Cloud India Private Limited has a workforce of 150 employees as of Mar 28, 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.
Recent Activity on Devrev Cloud India Private Limited
Devrev Cloud India Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Arun Seth was appointed as Director on 03 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Devrev Cloud India 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 Devrev Cloud India 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 Devrev Cloud India 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 Devrev Cloud India Private Limited
Devrev Cloud India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICD1763G1ZJ | Karnataka | Active | 10 Mar 2021 |
| 33AAICD1763G1ZU | Tamil Nadu | Active | 27 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 Devrev Cloud India 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.
Related news about Devrev Cloud India Private Limited
Frequently Asked Questions about Devrev Cloud India Private Limited
Devrev Cloud India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 December 2020 (6+ years old) and is registered under CIN U72900KA2020FTC141826.
Devrev Cloud India reported revenue of ₹143.9 Cr for FY 2025 (up 64% YoY).
Devrev Cloud India has 2 current directors:
- Sunita Seth - Director
- Arun Seth - Director
Devrev Cloud India reported a net profit of ₹9.41 Cr (net margin 6.5%) and EBITDA of ₹21.24 Cr (EBITDA margin 14.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devrev Cloud India is 105% over three years. In the latest year (FY 2025) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devrev Cloud India is 29AAICD1763G1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICD1763G1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of Devrev Cloud India is U72900KA2020FTC141826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devrev Cloud India was incorporated on 03 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devrev Cloud India by revenue are Aqm Technologies Private Limited, Sun Knowledge Private Limited, Enrich Data Services Private Limited, Resideo Smart Home Technologies (India) Private Limited, Genetec Technology India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Arun Seth was appointed as Director on 03 Dec 2020. Sunita Seth was appointed as Director on 03 Dec 2020.
Devrev Cloud India can be reached through the website devrev.ai. Its registered office is in Bangalore, Karnataka, India.