Startup India Government of India
Evolfinity Technologies Private Limited
Evolfinity Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.96 Lakh
▼ 53% YoY
Net profit · FY 2024
₹3.19 Lakh
Net margin 17.7%
EBITDA · FY 2024
₹4.02 Lakh
EBITDA margin 22.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Evolfinity Technologies Private Limited
Data last updated:
Evolfinity Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2018PTC117010. Its GSTIN is 29AAFCE1918D1ZU (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sricharan Gadde and Srikiran Gadde.
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 No. 26/27 10th Floor Raheja Tower Mg Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.96 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Lakh (net margin 17.7%) and EBITDA of ₹4.02 Lakh (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
The company is associated with 1 brand: Evolfinity.
Company details
CIN U72200KA2018PTC117010
Registration Number 117010
Incorporation Date 28 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Sricharan Gadde Director Srikiran Gadde Director Recognitions & Rankings of Evolfinity Technologies
Contact details
Evolfinity Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 26/27 10th Floor Raheja Tower Mg Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Evolfinity Technologies Private Limited, buy the company report.
Comprehensive company report
Evolfinity Technologies Private Limited - one report that includes everything
- 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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Brands
Evolfinity Technologies operates one associated brand: Evolfinity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive IT services including support, maintenance, and security. | evolfinity.com |
Business activity
The main business activity of Evolfinity Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Evolfinity Technologies Private Limited, buy the company report.
Financials of Evolfinity Technologies Private Limited
FY 2025 filings availableEvolfinity Technologies Private Limited reported revenue of ₹17.96 Lakh (down 53% YoY) for FY 2024.
Revenue · FY 2024
₹17.96 Lakh ▼ 53%
Net profit · FY 2024
₹3.19 Lakh margin 17.7%
EBITDA · FY 2024
₹4.02 Lakh margin 22.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 29%
EBITDA CAGR growth
3 years · compounded
▲ 117%
5 years · compounded
▲ 49%
Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 29%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.02 Lakh | ||||
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| Net Profit (PAT) | ₹3.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Evolfinity Technologies Private Limited, buy the company report.
Board of directors of Evolfinity Technologies Private Limited
Evolfinity Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sricharan Gadde | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
| Srikiran Gadde Also directs: Havisa Technologies Private Limited | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Evolfinity Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spae Analytics Private Limited | ₹17.97 Lakh (FY 2022) | -84.0% | Hyderabad, Telangana, India | |||
| Genetic Web Technologies Private Limited | ₹17.97 Lakh (FY 2024) | -11.0% | Delhi, India | |||
| Powerplay11 Technologies Private Limited | ₹17.96 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Evolfinity Technologies Private Limitedthis company | ₹17.96 Lakh (FY 2024) | ₹3.19 Lakh | 17.7% | -53.0% | Bangalore, Karnataka, India | |
| Zaggle Media Private Limited | ₹17.96 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Cubixcode Technologies Private Limited | ₹17.96 Lakh (FY 2024) | 165.0% | Jaipur, Rajasthan, India | |||
| Erendiz Solutions India Private Limited | ₹17.95 Lakh (FY 2025) | -78.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Evolfinity Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evolfinity 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 Evolfinity Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evolfinity Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCE1918D1ZU | Karnataka | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Evolfinity Technologies Private Limited, buy the company report.
Recent activity
Evolfinity Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Sricharan Gadde was appointed as Director on 28 Sep 2018.
AGM
Evolfinity Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Evolfinity Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sricharan Gadde was appointed as Director.
Appointed
Srikiran Gadde was appointed as Director.
Incorporation
28 Sep 2018
Evolfinity Technologies Private Limited was registered on 28 Sep 2018 with Roc Bangalore & aged 8 years 30 days as per MCA records.
Frequently asked questions
Evolfinity Technologies is an active 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 28 September 2018 (8+ years old) and is registered under CIN U72200KA2018PTC117010.
Evolfinity Technologies has 2 current directors:
- Sricharan Gadde - Director
- Srikiran Gadde - Director
The latest financial statements of Evolfinity Technologies 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 2019 are in the company report.
The GSTIN of Evolfinity Technologies is 29AAFCE1918D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Evolfinity Technologies is U72200KA2018PTC117010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolfinity Technologies was incorporated on 28 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Evolfinity Technologies by revenue are Spae Analytics Private Limited, Genetic Web Technologies Private Limited, Powerplay11 Technologies Private Limited, Zaggle Media Private Limited, Cubixcode Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sricharan Gadde was appointed as Director on 28 Sep 2018. Srikiran Gadde was appointed as Director on 28 Sep 2018.
Yes, Evolfinity Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Evolfinity Technologies is at No. 2627 10th Floor Raheja Tower Mg Road, Bangalore, Karnataka, India – 560001.
Evolfinity Technologies operates in the information technology industry, in the IT consulting and support services segment.