About Fyle Technologies Private Limited
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Fyle Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086218. Its GSTIN is 29AACCF7496A1ZH (Karnataka).
The company has an authorised share capital of ₹67 Lakh and a paid-up capital of ₹2.62 Lakh. It is led by directors including Yashwanth Madhusudan and Anand Mundra.
Its last annual general meeting (AGM) was held on 12 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 550 11th Cross 2nd Main Mico Layout Btm 2nd Stage, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.78 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹20.64 Cr (net margin -71.7%) and EBITDA of -₹20.3 Cr (EBITDA margin -70.5%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 88% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fyle. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹110.17 Cr; the latest was in October 2022. Its 9 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 5 larger and 4 smaller; the largest is Lakshminarayan Gaurishanker Enterprises Private Limited with revenue of ₹28.95 Cr. The company has 5 MSME Form 1 returns on record between 2017 and 2020, listing 10 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fylehq.com.
Company details
Contact details
Fyle Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is fylehq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address550 11th Cross 2nd Main Mico Layout Btm 2nd Stage, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fyle Technologies 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
Fyle Technologies operates one associated brand: Fyle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based expense management is provided for business travelers. | fylehq.com |
Business activity
The main business activity of Fyle Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Fyle Technologies Private Limited, buy the company report.
Financials of Fyle Technologies Private Limited
FY 2025 filings availableFyle Technologies Private Limited reported revenue of ₹28.78 Cr (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 88% over five years, including 57% growth in the latest year. EBITDA rose 6% 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 |
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| EBITDA | -₹20.3 Cr | ||||
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| Net Profit (PAT) | -₹20.64 Cr | ||||
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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 | -70.5% | ||||
| Net Profit Margin | -71.7% | ||||
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To see the full financial statements and ratios of Fyle Technologies Private Limited, buy the company report.
Board of directors of Fyle Technologies Private Limited
Fyle Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwanth Madhusudan Also directs: Akshaya550 Ventures LLP | Director | 16 Feb 2016 | 10 Years 8 Months | Current |
| Anand Mundra | Director | 24 Jul 2025 | 1 Years 3 Months | Current |
| Mark Parry | Director | 24 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Fyle Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lakshminarayan Gaurishanker Enterprises Private Limited | ₹28.95 Cr (FY 2024) | 2.0% | Coimbatore, Tamil Nadu, India | |||
| Iiitb Comet Foundation | ₹28.91 Cr (FY 2025) | 30.0% | Bengaluru, Karnataka, India | |||
| Stylework Innovation Hub Private Limited | ₹28.86 Cr (FY 2024) | 44.0% | New Delhi, Delhi, India | |||
| MKS Credit & Finance Pvt Ltd | ₹28.85 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Pilotsmith (India) Private Limited | ₹28.81 Cr (FY 2025) | -24.0% | Periamet, Tamil Nadu, India | |||
| Fyle Technologies Private Limitedthis company | ₹28.78 Cr (FY 2024) | -₹20.64 Cr | -71.7% | 57.0% | 159 | Bangalore, Karnataka, India |
| Ov International Services Private Limited | ₹28.77 Cr (FY 2025) | -44.0% | Kolkata, West Bengal, India | |||
| Sdod Technologies Private Limited | ₹28.74 Cr (FY 2022) | 35.0% | Pune, Maharashtra, India | |||
| TNS India Foundation | ₹28.72 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India | |||
| Bridging Technologies Private Limited | ₹28.72 Cr (FY 2025) | 11.0% | Chandigarh, India |
To see the full peer comparison of Fyle Technologies Private Limited, buy the company report.
Auditor
Fyle Technologies Private Limited is audited by BSR&CO.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR&CO.LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Fyle Technologies 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 Fyle Technologies Private Limited, buy the company report.
Deals & funding
Fyle Technologies Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹110.17 Cr; the latest was in October 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round · Pre-Series B | ₹37.02 Cr | Investors: Tiger Global, Pravega Ventures |
| Mar 2018 | Funding round · Pre-Series A | ₹8.41 Cr | Investors: Pravega Ventures, Beenext, RSP India Fund |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Pravega Ventures Seller: an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Pravega Ventures Seller: an individual |
| Jun 2016 | Funding round · Seed | ₹2.65 Cr | Investors: Beenext, 3 individuals |
To see the full deal history of Fyle Technologies 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 Fyle 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
Fyle Technologies Private Limited has 5 MSME Form 1 returns on record between 2017 and 2020, listing 10 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 |
|---|---|---|---|
| Startup Movers Private Limited |
To see the full MSME payment records of Fyle Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fyle Technologies Private Limited has a workforce of 159 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 159 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Fyle Technologies Private Limited, buy the company report.
GST
Fyle Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF7496A1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fyle Technologies Private Limited, buy the company report.
Recent activity
Fyle Technologies Private Limited has 8 board changes on record since 2016: 4 appointments and 4 cessations. The latest: Anand Mundra ceased to be Additional Director on 29 Sep 2025.
News
Frequently asked questions
Fyle Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 February 2016 (10+ years old) and is registered under CIN U74900KA2016PTC086218.
Fyle Technologies has 3 current directors:
- Yashwanth Madhusudan - Director
- Anand Mundra - Director
- Mark Parry - Director
The latest financial statements of Fyle Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 December 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Fyle Technologies is 29AACCF7496A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Fyle Technologies is U74900KA2016PTC086218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fyle Technologies was incorporated on 16 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Fyle Technologies has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹110.17 Cr; the latest was in October 2022.
The peers of Fyle Technologies by revenue are Lakshminarayan Gaurishanker Enterprises Private Limited, Iiitb Comet Foundation, Stylework Innovation Hub Private Limited, MKS Credit & Finance Pvt Ltd, Pilotsmith (India) Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Anand Mundra ceased to be Additional Director on 29 Sep 2025. Mark Parry ceased to be Additional Director on 29 Sep 2025. Anand Mundra was appointed as Director on 24 Jul 2025. Fyle Technologies has 8 board changes on record in total.
Fyle Technologies has 5 MSME Form 1 returns on record between 2017 and 2020, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2020.
Fyle Technologies can be reached through the website fylehq.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Fyle Technologies is at 550 11th Cross 2nd Main Mico Layout Btm 2nd Stage, Bangalore, Karnataka, India – 560076.
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