DPIIT recognised startup Government of India
Startup India
Flo Mobility Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹78.65 Lakh
▲ 141% YoY
Net loss · FY 2024
₹1.81 Cr
Net margin -230%
EBITDA · FY 2024
-₹79.3 Lakh
EBITDA margin -100.8%
Authorised capital
₹2.25 Lakh
Registered with MCA
Paid-up capital
₹1.25 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Flo Mobility Private Limited
Data last updated:
Flo Mobility Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business process outsourcing sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC130827. Its GSTIN is 29AADCF9545K1Z1 (Karnataka).
The company has an authorised share capital of ₹2.25 Lakh and a paid-up capital of ₹1.25 Lakh. It is led by directors including Deepti and Manesh Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No.F – 705 7th Floor Springfields Apartments Sarjapura Road, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.65 Lakh, a growth of 141% compared to the previous year. For the same year it recorded a net loss of ₹1.81 Cr (net margin -230%) and EBITDA of -₹79.3 Lakh (EBITDA margin -100.8%). Revenue has grown at a compounded annual rate (CAGR) of 540% over three years.
The company is associated with 1 brand: Flo Mobility. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹29.03 Cr; the latest was in May 2026.
Flo Mobility Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036358). For more details, the company can be reached via its website flomobility.com.
Company details
CIN U74999KA2019PTC130827
Registration Number 130827
Incorporation Date 19 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0036358
Recognitions & Rankings of Flo Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0036358
Contact details
Flo Mobility Private Limited's registered office is in Bangalore, Karnataka. Its website is flomobility.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No.F – 705 7th Floor Springfields Apartments Sarjapura Road, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Flo Mobility Private Limited, buy the company report.
Comprehensive company report
Flo Mobility 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Flo Mobility operates one associated brand: Flo Mobility. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering autonomous robots for construction | flomobility.com |
Business activity
The main business activity of Flo Mobility 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 Flo Mobility Private Limited, buy the company report.
Financials of Flo Mobility Private Limited
FY 2024 filings availableFlo Mobility Private Limited reported revenue of ₹78.65 Lakh (up 141% YoY) for FY 2024.
Revenue · FY 2024
₹78.65 Lakh ▲ 141%
Net loss · FY 2024
₹1.81 Cr margin -230%
EBITDA · FY 2024
-₹79.3 Lakh margin -100.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 141%
3 years · compounded
▲ 540%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 74%
Revenue has grown at a compounded annual rate (CAGR) of 540% over three years, including 141% growth in the latest year. EBITDA rose 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹79.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.81 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -100.8% | ||||
| Net Profit Margin | -230% | ||||
| 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 Flo Mobility Private Limited, buy the company report.
Board of directors of Flo Mobility Private Limited
Flo Mobility has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Satishkumar Uttamchandani | Nominee Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Deepti | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Manesh Jain Also directs: Mockbank Learning Private Limited | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Abhinav Banthia Also directs: Pink Lake Enterprises LLP, Sarthak Integrators LLP, Transcorp International Limited and 5 more | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Pratik Narendra Patel | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Flo Mobility Private Limited is audited by RENU AGRAWAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RENU AGRAWAL AND CO | FY 2023 | 018547C |
Shareholding
The shareholding of Flo Mobility 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 Flo Mobility Private Limited, buy the company report.
Deals & funding
Flo Mobility Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹29.03 Cr; the latest was in May 2026.
Total deals
8
Funding rounds
3
Secondary share transfers
3
Convertible or debt financings
2
Disclosed funding
₹29.03 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Funding round · Pre-Series A | ₹23.78 Cr | Investors: Mela Ventures, Arali Ventures |
| Dec 2024 | Funding round · Seed | Undisclosed | Investors: Jito Incubation and Innovation Foundation |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Flo Mobility Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Flo Mobility 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 Flo Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flo Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF9545K1Z1 | Karnataka | Active | 19 Jan 2020 |
To see the full GST registrations and return filing status of Flo Mobility Private Limited, buy the company report.
Recent activity
Flo Mobility Private Limited has 12 board changes on record since 2019: 5 appointments and 7 cessations. The latest: Abhinav Banthia ceased to be Additional Director on 29 Dec 2024.
Ceased
Abhinav Banthia ceased to be Additional Director.
Ceased
Pratik Narendra Patel ceased to be Additional Director.
Appointed
Abhinav Banthia was appointed as Director.
Appointed
Pratik Narendra Patel was appointed as Director.
AGM
Flo Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Flo Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Umesh Satishkumar Uttamchandani ceased to be Additional Director.
Appointed
Umesh Satishkumar Uttamchandani was appointed as Nominee Director.
Ceased
Paramasivam Mohankumar ceased to be Additional Director.
Ceased
Angad Gautam Singi ceased to be Additional Director.
Ceased
Manesh Jain ceased to be Additional Director.
Ceased
Vaibhav Mehta ceased to be Director.
3 earlier events are in the company report.
News
Frequently asked questions
Flo Mobility is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U74999KA2019PTC130827.
Flo Mobility has 5 current directors:
- Umesh Satishkumar Uttamchandani - Nominee Director
- Deepti - Director
- Manesh Jain - Director
- Abhinav Banthia - Director
- Pratik Narendra Patel - Director
The latest financial statements of Flo Mobility on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Flo Mobility is 29AADCF9545K1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Flo Mobility is U74999KA2019PTC130827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flo Mobility was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Flo Mobility has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹29.03 Cr; the latest was in May 2026.
Abhinav Banthia ceased to be Additional Director on 29 Dec 2024. Pratik Narendra Patel ceased to be Additional Director on 29 Dec 2024. Abhinav Banthia was appointed as Director on 05 Dec 2024. Flo Mobility has 12 board changes on record in total.
Yes, Flo Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Flo Mobility is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0036358).