Motive India Private Limited

Motive India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2019FTC130119 Incorporated 27 November 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹92.35 Cr
▲ 51% YoY
Net profit · FY 2025
₹8.72 Cr
Net margin 9.4%
EBITDA · FY 2025
₹13.83 Cr
EBITDA margin 15%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
122
Provident fund records
Directors on board
3
As per MCA filings

About Motive India Private Limited

Data last updated:

Motive India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Motive Technologies Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC130119. Its GSTIN is 29AAHCK9004E1ZJ (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Keeptruckin India Private Limited. It is led by directors including Ashish Mohanlal Agrawal and Simon San.

Its last annual general meeting (AGM) was held on 25 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wework Prestige Cube Site No.26 Laskar Hosur Road Adugodi Koramangala, Bangalore, Karnataka, India – 560029.

As per the financials filed for FY 2025, the company reported a revenue of ₹92.35 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Cr (net margin 9.4%) and EBITDA of ₹13.83 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 154% over five years.

The company has about 122 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: GoMotive. Court records list 10 cases involving the company, including 10 filed against it.

For more details, the company can be reached via its website keeptruckin.com.

Company details

CIN U72900KA2019FTC130119
Registration Number 130119
Incorporation Date 27 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 October 2024
Date of Balance Sheet 31 March 2024
Parent Company Motive Technologies Inc.

Contact details

Motive India Private Limited's registered office is in Bangalore, Karnataka. Its website is keeptruckin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Wework Prestige Cube Site No.26 Laskar Hosur Road Adugodi Koramangala, Bangalore, Karnataka, India – 560029
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Motive India Private Limited, buy the company report.

Comprehensive company report
Motive India 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
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Secure checkout · GST invoice included

Brands

Motive India operates one associated brand: GoMotive. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered fleet management solutions are offered to operators.gomotive.com

Business activity

The main business activity of Motive India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Motive India Private Limited, buy the company report.

Financials of Motive India Private Limited

FY 2024 filings available

Motive India Private Limited reported revenue of ₹92.35 Cr (up 51% YoY) for FY 2025.

Revenue · FY 2025
₹92.35 Cr ▲ 51%
Net profit · FY 2025
₹8.72 Cr margin 9.4%
EBITDA · FY 2025
₹13.83 Cr margin 15%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 50%
5 years · compounded
▲ 154%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 56%
5 years · compounded
▲ 164%

Revenue has grown at a compounded annual rate (CAGR) of 154% over five years, including 51% growth in the latest year. EBITDA rose 59% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹13.83 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.72 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin15%
Net Profit Margin9.4%
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 Motive India Private Limited, buy the company report.

Board of directors of Motive India Private Limited

Motive India has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Mohanlal AgrawalDirector12 Aug 20251 Years 2 MonthsCurrent
Simon SanDirector30 Jun 20233 Years 3 MonthsCurrent
Derek Matthew MernaghDirector07 Sep 20215 Years 1 MonthsCurrent

Peer comparison

Motive India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Continuserve Softech India Private Limited₹94.29 Cr (FY 2024)37.0%Bengaluru, Karnataka, India
Wormwoods Technologies Private Limited₹93.07 Cr (FY 2016)Kolkata, West Bengal, India
Deltatech Gaming Limited₹92.93 Cr (FY 2024)-24.0%Mumbai, Maharashtra, India
TP Vision India Private Limited₹92.87 Cr (FY 2025)-10.0%Bangalore, Karnataka, India
Frontdoor India Private Limited₹92.47 Cr (FY 2025)4.0%Pune, Maharashtra, India
Motive India Private Limitedthis company₹92.35 Cr (FY 2025)₹8.72 Cr9.4%51.0%122Bangalore, Karnataka, India
Nividous Software Solutions Private Limited₹91.04 Cr (FY 2025)18.0%Mumbai, Maharashtra, India
4I Apps Solutions Private Limited₹90.91 Cr (FY 2025)10.0%Chennai, Tamil Nadu, India
CRG Solutions Private Limited₹89.91 Cr (FY 2025)6.0%Pune, Maharashtra, India
Palred Technologies Limited₹89.77 Cr (FY 2025)-25.0%Hyderabad, Telangana, India
Multicoreware India Private Limited₹89.73 Cr (FY 2025)16.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Motive India Private Limited, buy the company report.

Auditor

Motive India Private Limited is audited by B S R AND CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B S R AND COFY 2023128510W

Shareholding

The shareholding of Motive India 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 categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Motive India Private Limited, buy the company report.

MSME payment delays

Motive India Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 17 overdue payments to 5 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 (5 of 5)

SupplierAmount dueDue sinceReported on
an individual supplier
HT Computers India Private Limited
Vistra Corporate Services (India) Private Limited
an individual supplier
Spanidea Systems Private Limited

To see the full MSME payment records of Motive India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Motive India Private Limited has a workforce of 122 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
122
Active EPFO establishments
1
Employee growth
28.42%

GST

Motive India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCK9004E1ZJKarnatakaActive25 Feb 2020

To see the full GST registrations and return filing status of Motive India Private Limited, buy the company report.

Recent activity

Motive India Private Limited has 12 board changes on record since 2020: 3 appointments and 9 cessations. The latest: Ashish Mohanlal Agrawal ceased to be Additional Director on 29 Sep 2025.

Ceased
Ashish Mohanlal Agrawal ceased to be Additional Director.
Appointed
Ashish Mohanlal Agrawal was appointed as Director.
AGM
Motive India Private Limited last Annual general meeting of members was held on 25 Oct 2024 as per latest MCA records.
Ceased
Girish Nanalal Sanghavi ceased to be Additional Director.
Filing
Motive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Rajendran Kiran ceased to be Additional Director.
Ceased
Simon San ceased to be Additional Director.
Appointed
Simon San was appointed as Director.
Ceased
Patrick Allen Gibbs ceased to be Director.
Ceased
Vishwanath Chandrakant Arali ceased to be Director.
Ceased
Derek Matthew Mernagh ceased to be Additional Director.
Appointed
Derek Matthew Mernagh was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Motive 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 27 November 2019 (7+ years old) and is registered under CIN U72900KA2019FTC130119.

Motive India has 3 current directors:

The latest financial statements of Motive India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 October 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Motive India is 29AAHCK9004E1ZJ, registered in Karnataka.

The CIN (Corporate Identification Number) of Motive India is U72900KA2019FTC130119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Motive India has 10 court cases on record: 10 filed against it.

Motive India was incorporated on 27 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Motive India by revenue are Continuserve Softech India Private Limited, Wormwoods Technologies Private Limited, Deltatech Gaming Limited, TP Vision India Private Limited, Frontdoor India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Ashish Mohanlal Agrawal ceased to be Additional Director on 29 Sep 2025. Ashish Mohanlal Agrawal was appointed as Director on 12 Aug 2025. Girish Nanalal Sanghavi ceased to be Additional Director on 24 Oct 2024. Motive India has 12 board changes on record in total.

Motive India has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 17 overdue payments to 5 micro and small suppliers. The latest return was filed on 28 Oct 2023.

Motive India can be reached through the website keeptruckin.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Motive India is at Wework Prestige Cube Site No.26 Laskar Hosur Road Adugodi Koramangala, Bangalore, Karnataka, India – 560029.