- Category
- Micro (2023-24)
- Udyam number
- UDYAM-AP-13-0024838

Driveverse Technologies Private Limited
About Driveverse Technologies Private Limited
Data last updated:
Driveverse Technologies Private Limited is a private limited company based in Markapur, Andhra Pradesh, India. It operates in the building construction segment of the construction sector. It was incorporated on 29 April 2023.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45403AP2023PTC110987.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹10,000. It is led by directors Srinivasareddy Tangirala and Venkata Gopal Reddy Tangirala.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Markapur, Andhra Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.75 Lakh. For the same year it recorded a net loss of ₹40,310 (net margin -23%) and EBITDA of -₹40,310 (EBITDA margin -23%).
The company is associated with 1 brand: AwtoBazar.
Driveverse Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-13-0024838).
Company details
Recognitions & Rankings of Driveverse Technologies
Contact details
Driveverse Technologies Private Limited's registered office is in Markapur, Andhra Pradesh.
- Registered AddressSf No.228 10th Ward Rto, Officerd Jawahar Ngr Clny, Markapur, Andhra Pradesh, India – 523316
- IndustryConstruction, Building Construction
- 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
Driveverse Technologies operates one associated brand: AwtoBazar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace for purchasing new bikes, cars, scooters, and electric vehicles. | awtobazar.in |
Business activity
The main business activity of Driveverse Technologies is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Driveverse Technologies Private Limited, buy the company report.
Financials of Driveverse Technologies Private Limited
FY 2024 filings availableDriveverse Technologies Private Limited reported revenue of ₹1.75 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| 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 | -₹40,310 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹40,310 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -23% |
| Net Profit Margin | -23% |
| 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 | |
To see the full financial statements and ratios of Driveverse Technologies Private Limited, buy the company report.
Board of directors of Driveverse Technologies Private Limited
Driveverse Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasareddy Tangirala | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
| Venkata Gopal Reddy Tangirala | Director | 29 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Driveverse Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (housekeeping & maintenance service), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ardee City Estate Management Private Limited | ₹1.89 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Deploytag Security & Services Private Limited | ₹1.86 Lakh (FY 2021) | Delhi, India | ||||
| Nara Facilities Private Limited | ₹1.83 Lakh (FY 2024) | -21.0% | Delhi, India | |||
| Statt Investment & Services Pvt Ltd | ₹1.8 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Scotbay Enterprises Private Limited | ₹1.8 Lakh (FY 2020) | -67.0% | Mumbai, Maharashtra, India | |||
| Driveverse Technologies Private Limitedthis company | ₹1.75 Lakh (FY 2024) | -₹40,310 | -23% | Markapur, Andhra Pradesh, India | ||
| Shree Saptashrungi Facility Management Private Limited | ₹1.71 Lakh (FY 2017) | Thane, Maharashtra, India | ||||
| Rotex Commercial Pvt Ltd | ₹1.66 Lakh (FY 2018) | 17.0% | Kolkata, West Bengal, India | |||
| Peoplekapital Consulting Private Limited | ₹1.66 Lakh (FY 2025) | -85.0% | Gurgaon, Haryana, India | |||
| Garaksha India Private Limited | ₹1.55 Lakh (FY 2019) | -58.0% | Chennai, Tamil Nadu, India | |||
| Enviro Infrafacility Private Limited | ₹1.51 Lakh (FY 2025) | -99.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Driveverse Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Driveverse 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 Driveverse Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Driveverse Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Driveverse Technologies Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Srinivasareddy Tangirala was appointed as Director on 29 Apr 2023.
Frequently asked questions
Driveverse Technologies is an active private limited company based in Markapur, Andhra Pradesh, India. The company works in building construction, within the construction industry. It was incorporated on 29 April 2023 (3+ years old) and is registered under CIN U45403AP2023PTC110987.
Driveverse Technologies has 2 current directors:
- Srinivasareddy Tangirala - Director
- Venkata Gopal Reddy Tangirala - Director
The latest financial statements of Driveverse Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Driveverse Technologies is U45403AP2023PTC110987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Driveverse Technologies was incorporated on 29 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Driveverse Technologies by revenue are Ardee City Estate Management Private Limited, Deploytag Security & Services Private Limited, Nara Facilities Private Limited, Statt Investment & Services Pvt Ltd, Scotbay Enterprises Private Limited and 5 more, all in the same principal business activity (housekeeping & maintenance service).
Srinivasareddy Tangirala was appointed as Director on 29 Apr 2023. Venkata Gopal Reddy Tangirala was appointed as Director on 29 Apr 2023.
Yes, Driveverse Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-13-0024838).
The registered office of Driveverse Technologies is at Sf No.228 10th Ward Rto, Officerd Jawahar Ngr Clny, Markapur, Andhra Pradesh, India – 523316.
Driveverse Technologies operates in the construction industry, in the building construction segment.
Driveverse Technologies has 1 associated brand: Awtobazar.

