About Mercari Software Technologies India Private Limited
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Mercari Software Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC162806. Its GSTIN is 29AAPCM9132P1ZH (Karnataka).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.15 Cr. It is led by directors including Carlos Donderis Sanz (Managing Director) and Ryo Umezawa.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Smartworks Vaishnavi Tech Park Survey No.16/1 And Survey No 17/2, Ambalipura Village Varthur Hobli Bangalore East Taluka, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.76 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.03 Cr (net margin 7.2%) and EBITDA of ₹7.13 Cr (EBITDA margin 12.8%).
The company has about 48 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website about.in.mercari.com.
Company details
Contact details
Mercari Software Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is about.in.mercari.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSmartworks Vaishnavi Tech Park Survey No.16/1 And Survey No 17/2, Ambalipura Village Varthur Hobli Bangalore East Taluka, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mercari Software Technologies India 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
Business activity
The main business activity of Mercari Software Technologies India 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 Mercari Software Technologies India Private Limited, buy the company report.
Financials of Mercari Software Technologies India Private Limited
FY 2025 filings availableMercari Software Technologies India Private Limited reported revenue of ₹55.76 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA rose 20% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹7.13 Cr | ||
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| Net Profit (PAT) | ₹4.03 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 12.8% | ||
| Net Profit Margin | 7.2% | ||
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To see the full financial statements and ratios of Mercari Software Technologies India Private Limited, buy the company report.
Board of directors of Mercari Software Technologies India Private Limited
Mercari Software Technologies India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ryo Umezawa | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
| Raghavendra Manjunath | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
| Carlos Donderis Sanz | Managing Director | 19 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Mercari Software Technologies India Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Braincapital Labs Private Limited | ₹56.23 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Wex Fintech India Private Limited | ₹55.98 Cr (FY 2025) | -13.0% | Madurai, Tamil Nadu, India | |||
| Doodleblue Innovations Private Limited | ₹55.97 Cr (FY 2024) | -13.0% | Chennai, Tamil Nadu, India | |||
| Chain-Sys (India) Private Limited | ₹55.83 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| Mercari Software Technologies India Private Limitedthis company | ₹55.76 Cr (FY 2025) | ₹4.03 Cr | 7.2% | 18.0% | 48 | Bangalore, Karnataka, India |
| Cads Software India Private Limited | ₹55.76 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Sagacious Research Private Limited | ₹55.75 Cr (FY 2024) | 13.0% | Delhi, India | |||
| Spatial Planning and Analysis Research Centre Private Limited | ₹55.7 Cr (FY 2025) | -16.0% | Bhubaneswar, Odisha, India | |||
| Vlink India Private Limited | ₹55.69 Cr (FY 2025) | 64.0% | New Delhi, Delhi, India | |||
| SVN Systech India Private Limited | ₹55.65 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mercari Software Technologies India Private Limited, buy the company report.
Auditor
Mercari Software Technologies India Private Limited is audited by S.R.Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Mercari Software Technologies India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mercari Software Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mercari Software Technologies India 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
Mercari Software Technologies India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 8 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bliss Chocolates India Private Limited | |||
| Manas Merchandise Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mercari Software Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mercari Software Technologies India Private Limited has a workforce of 48 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mercari Software Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCM9132P1ZH | Karnataka | Active | 25 Jul 2022 |
To see the full GST registrations and return filing status of Mercari Software Technologies India Private Limited, buy the company report.
Recent activity
Mercari Software Technologies India Private Limited has 13 board changes on record since 2022: 8 appointments and 5 cessations. The latest: Junichi Nozaki ceased to be Director on 17 Sep 2025.
4 earlier events are in the company report.
Frequently asked questions
Mercari Software Technologies India is an active foreign 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 23 June 2022 (4+ years old) and is registered under CIN U72900KA2022FTC162806.
Mercari Software Technologies India has 3 current directors:
- Carlos Donderis Sanz - Managing Director
- Ryo Umezawa - Director
- Raghavendra Manjunath - Director
The latest financial statements of Mercari Software Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Mercari Software Technologies India is 29AAPCM9132P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Mercari Software Technologies India is U72900KA2022FTC162806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercari Software Technologies India was incorporated on 23 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mercari Software Technologies India by revenue are Braincapital Labs Private Limited, Wex Fintech India Private Limited, Doodleblue Innovations Private Limited, Chain-Sys (India) Private Limited, Cads Software India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Junichi Nozaki ceased to be Director on 17 Sep 2025. Raghavendra Manjunath was appointed as Director on 17 Sep 2025. Ryo Umezawa was appointed as Director on 17 Sep 2025. Mercari Software Technologies India has 13 board changes on record in total.
Mercari Software Technologies India has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 19 Dec 2023.
Mercari Software Technologies India can be reached through the website about.in.mercari.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mercari Software Technologies India is at Smartworks Vaishnavi Tech Park Survey No.161 And Survey No 172, Ambalipura Village Varthur Hobli Bangalore East Taluka, Karnataka, India – 560103.
Mercari Software Technologies India operates in the information technology industry, in the IT consulting and support services segment.