- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-14-0015887

About Innovation Garage Ventures Private Limited
Data last updated:
Innovation Garage Ventures Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2015PTC206389. Its GSTIN is 19AADCI8254J1Z5 (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Goyal and Rajesh Kumar Goyal.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.25 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹54.55 Lakh (net margin 16.8%) and EBITDA of ₹90.13 Lakh (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 33% over five years.
The company is associated with 2 brands: Digital Sherpa and iGarageVentures.
Innovation Garage Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0015887). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igarageventures.com.
Company details
Recognitions & Rankings of Innovation Garage Ventures
Contact details
Innovation Garage Ventures Private Limited's registered office is in Kolkata, West Bengal. Its website is igarageventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGodrej Waterside 8th Floor Unit No – 806 Office W30 Plot Dp5 Salt, Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Innovation Garage Ventures 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
Innovation Garage Ventures operates two associated brands: Digital Sherpa and iGarageVentures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive AI, NLP, and machine learning services for businesses. | digitalsherpa.ai | |
| Digital services, consulting, and software development. | igarageventures.com |
Business activity
The main business activity of Innovation Garage Ventures 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 Innovation Garage Ventures Private Limited, buy the company report.
Financials of Innovation Garage Ventures Private Limited
FY 2025 filings availableInnovation Garage Ventures Private Limited reported revenue of ₹3.25 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 10% growth in the latest year. EBITDA rose 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹90.13 Lakh | ||||
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| Net Profit (PAT) | ₹54.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | 16.8% | ||||
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To see the full financial statements and ratios of Innovation Garage Ventures Private Limited, buy the company report.
Board of directors of Innovation Garage Ventures Private Limited
Innovation Garage Ventures has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Goyal | Director | 28 Jun 2023 | 3 Years 4 Months | Current |
| Rajesh Kumar Goyal Also directs: DS Agentic & Data Ventures LLP, Pranam Realtors Private Limited, Digitalsherpa Technology Private Limited and 1 more | Director | 18 May 2015 | 11 Years 5 Months | Current |
| Rinku Goyal | Director | 01 Jul 2016 | 10 Years 4 Months | Current |
Peer comparison
Innovation Garage Ventures Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with 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 |
|---|---|---|---|---|---|---|
| Relfast Compliance Solutions Private Limited | ₹3.26 Cr (FY 2024) | -22.0% | Bangalore, Karnataka, India | |||
| Yard Global Software Solutions (OPC) Private Limited | ₹3.25 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Knowlens Solutions Private Limited | ₹3.25 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| Techneurons Consulting Solutions Private Limited | ₹3.25 Cr (FY 2022) | 48.0% | Ernakulam, Kerala, India | |||
| Innovation Garage Ventures Private Limitedthis company | ₹3.25 Cr (FY 2025) | ₹54.55 Lakh | 16.8% | 10.0% | Kolkata, West Bengal, India | |
| Diwl Technologies Private Limited | ₹3.23 Cr (FY 2025) | -50.0% | Mangalore, Karnataka, India |
To see the full peer comparison of Innovation Garage Ventures Private Limited, buy the company report.
Shareholding
The shareholding of Innovation Garage Ventures Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovation Garage Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovation Garage Ventures 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 Innovation Garage Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovation Garage Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCI8254J1Z5 | West Bengal | Active | 12 Oct 2017 |
To see the full GST registrations and return filing status of Innovation Garage Ventures Private Limited, buy the company report.
Recent activity
Innovation Garage Ventures Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Anand Goyal was appointed as Director on 28 Jun 2023.
Frequently asked questions
Innovation Garage Ventures is an active private limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 May 2015 (11+ years old) and is registered under CIN U74900WB2015PTC206389.
Innovation Garage Ventures has 3 current directors:
- Anand Goyal - Director
- Rajesh Kumar Goyal - Director
- Rinku Goyal - Director
The latest financial statements of Innovation Garage Ventures 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 2016 are in the company report.
The GSTIN of Innovation Garage Ventures is 19AADCI8254J1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of Innovation Garage Ventures is U74900WB2015PTC206389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovation Garage Ventures was incorporated on 18 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Innovation Garage Ventures by revenue are Relfast Compliance Solutions Private Limited, Yard Global Software Solutions (OPC) Private Limited, Knowlens Solutions Private Limited, Techneurons Consulting Solutions Private Limited, Diwl Technologies Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Anand Goyal was appointed as Director on 28 Jun 2023. Anand Gupta ceased to be Director on 02 Aug 2016. Rinku Goyal was appointed as Director on 01 Jul 2016. Innovation Garage Ventures has 5 board changes on record in total.
Yes, Innovation Garage Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-14-0015887).
Innovation Garage Ventures can be reached through the website igarageventures.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Innovation Garage Ventures is at Godrej Waterside 8th Floor Unit No – 806 Office W30 Plot Dp5 Salt, Lake, Kolkata, West Bengal, India – 700091.

