About Edunnovate Technologies Private Limited
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Edunnovate Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 23 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80903MH2020PTC352425. Its GSTIN is 27AAGCE2558Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors including Aarushi Subhasis Majumder and Meenal Subhasis Majumder.
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 802A Hallmark Business Plaza Sant Dyaneshwar Marg, Near Gurunanak Hospital Bandra (East) Mumbai – 400051, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.33 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹51.9 Lakh (net margin 3.9%) and EBITDA of ₹91.59 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website theinnovationstory.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address802A Hallmark Business Plaza Sant Dyaneshwar Marg, Near Gurunanak Hospital Bandra (East) Mumbai – 400051, Maharashtra, India – 400051
- IndustryEducation, K-12 & Higher Education Institutions
- 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 Edunnovate Technologies Private Limited
The business activities of Edunnovate Technologies are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Edunnovate Technologies Private Limited FY 2025 filings available
Edunnovate Technologies Private Limited reported revenue of ₹13.33 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Edunnovate Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 116% over three years, including 48% growth in the latest year. EBITDA fell 68% 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 Edunnovate 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹91.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Edunnovate Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 Edunnovate Technologies 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 Edunnovate Technologies Private Limited
Edunnovate Technologies Private Limited is compared with the companies closest to it by revenue in the Education industry (K12 and Higher Education). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Learning Edge India Private Limited | ₹13.79 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Seamless Education and Services Private Limited | ₹13.77 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Haveli, Maharashtra, India |
| Pune Academy of Design and Communication Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Pune, Maharashtra, India |
| Itm Vocational Universe Gujarat | ₹13.41 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Vadodara, Gujarat, India |
| Wonderland Academy of Early Learning Private Limited | ₹13.35 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Edunnovate Technologies Private Limited this company | ₹13.33 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| On My Own Technology Private Limited | ₹13.01 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Andheri West, Mumbai, Maharashtra, India |
| Shalaka Foundation | ₹12.96 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Renowa Edutech Private Limited | ₹12.81 Cr (FY 2025) | •••• | •••• | 140.0% | •••• | Delhi, India |
| Azvasa Education Limited | ₹12.79 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bengaluru, Karnataka, India |
| Bora Polyclinic | ₹12.68 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Edunnovate Technologies by revenue in the Education industry (K12 and Higher Education), 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 Edunnovate Technologies Private Limited
Edunnovate Technologies Private Limited is audited by Asha P Bhanushali & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Asha P Bhanushali & Associates | 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 Edunnovate Technologies Private Limited
Edunnovate Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aarushi Subhasis Majumder | Director | 23 Dec 2020 | 5 Years 9 Months | Current |
| Meenal Subhasis Majumder | Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Ipsita Das Also directs: International Spirits and Wines Association of India | Additional Director | 07 Jan 2026 | 0 Years 9 Months | Current |
| Sunil Brijmohan Mishra Also directs: Sabxi Private Limited | Additional Director | 10 Jul 2025 | 1 Years 2 Months | Current |
Ownership and Shareholding of Edunnovate 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 Edunnovate Technologies Private Limited
Edunnovate Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Edunnovate Technologies Private Limited
Employment history and EPFO contributions of people linked to Edunnovate Technologies.
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 Edunnovate Technologies Private Limited
Edunnovate Technologies Private Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Ipsita Das was appointed as Additional Director on 07 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Edunnovate 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 Edunnovate 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 Edunnovate 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 Edunnovate Technologies Private Limited
Edunnovate Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE2558Q1Z0 | Maharashtra | Active | 07 Jul 2021 |
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 Edunnovate 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 Edunnovate Technologies Private Limited
Edunnovate Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 23 December 2020 (6+ years old) and is registered under CIN U80903MH2020PTC352425.
Edunnovate Technologies reported revenue of ₹13.33 Cr for FY 2025 (up 48% YoY).
Edunnovate Technologies has 4 current directors:
- Aarushi Subhasis Majumder - Director
- Meenal Subhasis Majumder - Director
- Ipsita Das - Additional Director
- Sunil Brijmohan Mishra - Additional Director
Edunnovate Technologies reported a net profit of ₹51.9 Lakh (net margin 3.9%) and EBITDA of ₹91.59 Lakh (EBITDA margin 6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Edunnovate Technologies is 116% over three years. In the latest year (FY 2025) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Edunnovate Technologies is 27AAGCE2558Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Edunnovate Technologies is U80903MH2020PTC352425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edunnovate Technologies was incorporated on 23 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Edunnovate Technologies by revenue are Learning Edge India Private Limited, Seamless Education and Services Private Limited, Pune Academy of Design and Communication Private Limited, Itm Vocational Universe Gujarat, Wonderland Academy of Early Learning Private Limited and 5 more, all in the Education industry (K12 and Higher Education).
Ipsita Das was appointed as Additional Director on 07 Jan 2026. Pushpa Vishwas Bhosale ceased to be Director on 10 Jul 2025. Sunil Brijmohan Mishra was appointed as Additional Director on 10 Jul 2025. Edunnovate Technologies has 6 board changes on record in total.
Yes, Edunnovate Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).