About Fortumo Mobile Services Private Limited
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Fortumo Mobile Services Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Boku Network Services Estonia Ou. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2014FTC265422. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Valev Tonisson and Gaurav Saxena.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Basement 106 Pocket – 52 Chittaranjan Park, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.44 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹72.64 Lakh and EBITDA of -₹57.22 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 60% over five years.
The company is associated with 1 brand: Fortumo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortumo.com.
Company details
Contact details
Fortumo Mobile Services Private Limited's registered office is in New Delhi, Delhi. Its website is fortumo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBasement 106 Pocket – 52 Chittaranjan Park, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fortumo Mobile Services Private Limited, buy the company report.
- 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
Fortumo Mobile Services operates one associated brand: Fortumo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of a mobile payment network connecting merchants to local payment methods | fortumo.com |
Business activity
The main business activity of Fortumo Mobile Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
Financials of Fortumo Mobile Services Private Limited
FY 2025 filings availableFortumo Mobile Services Private Limited reported revenue of ₹8.44 Lakh (down 86% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 86% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹8.44 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹57.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹72.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Fortumo Mobile Services Private Limited, buy the company report.
Board of directors of Fortumo Mobile Services Private Limited
Fortumo Mobile Services has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valev Tonisson | Director | 16 Aug 2022 | 4 Years 2 Months | Current |
| Gaurav Saxena | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Sachin Aggarwal | Director | 23 Apr 2025 | 1 Years 6 Months | Current |
| Martin Lips | Director | 05 Dec 2022 | 3 Years 11 Months | Current |
| Dagmar Vlassov | Director | 23 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Fortumo Mobile Services Private Limited is audited by AGGARWAL SANJAY AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGGARWAL SANJAY AND ASSOCIATES | FY 2023 | 014965N |
Shareholding
The shareholding of Fortumo Mobile Services Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortumo Mobile Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortumo Mobile Services 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
Fortumo Mobile Services Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saavn Media Limited |
To see the full MSME payment records of Fortumo Mobile Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Fortumo Mobile Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortumo Mobile Services Private Limited, buy the company report.
Recent activity
Fortumo Mobile Services Private Limited has 13 board changes on record since 2015: 5 appointments and 8 cessations. The latest: Gaurav Saxena ceased to be Director on 25 Apr 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Fortumo Mobile Services is an active foreign private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 February 2014 (12+ years old) and is registered under CIN U72300DL2014FTC265422.
Fortumo Mobile Services has 5 current directors:
- Valev Tonisson - Director
- Gaurav Saxena - Director
- Sachin Aggarwal - Director
- Martin Lips - Director
- Dagmar Vlassov - Director
The latest financial statements of Fortumo Mobile Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
No. Fortumo Mobile Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortumo Mobile Services is U72300DL2014FTC265422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortumo Mobile Services was incorporated on 26 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Gaurav Saxena ceased to be Director on 25 Apr 2025. Martin Lips ceased to be Director on 25 Apr 2025. Dagmar Vlassov was appointed as Director on 23 Apr 2025. Fortumo Mobile Services has 13 board changes on record in total.
Fortumo Mobile Services has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 12 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Nov 2019.
Fortumo Mobile Services can be reached through the website fortumo.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Fortumo Mobile Services is at Basement 106 Pocket – 52 Chittaranjan Park, New Delhi, Delhi, India – 110019.
Fortumo Mobile Services operates in the information technology industry, in the IT consulting and support services segment.
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