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Nervanik AI Labs Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.3 Cr
▲ 276% YoY
Net loss · FY 2025
₹7.16 Cr
Latest filing
EBITDA · FY 2025
-₹5.87 Cr
EBITDA margin -451.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
24
Provident fund records
Directors on board
3
As per MCA filings
About Nervanik AI Labs Private Limited
Data last updated:
Nervanik AI Labs Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Roadzen Technologies Private Limited and recognised as a startup by DPIIT. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 12 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72501GJ2018PTC102790. Its GSTIN is 24AAGCN1005M1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Nisarg Pandya (Whole-Time Director) and Mohit Pasricha.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 1111 World Trade Tower Behind Skoda Showroom Off S G Road, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.16 Cr and EBITDA of -₹5.87 Cr (EBITDA margin -451.7%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Drivebuddy and drivebuddyAI. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2020.
Nervanik AI Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0133885). For more details, the company can be reached via its website drivebuddyai.co.
Company details
CIN U72501GJ2018PTC102790
Registration Number 102790
Incorporation Date 12 June 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Roadzen Technologies Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0133885
Key People
Nisarg Pandya Whole-Time Director Mohit Pasricha Nominee Director Ankur Kamboj Nominee Director Recognitions & Rankings of Nervanik AI Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0133885
Contact details
Nervanik AI Labs Private Limited's registered office is in Ahmedabad, Gujarat. Its website is drivebuddyai.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 1111 World Trade Tower Behind Skoda Showroom Off S G Road, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, Geographic Information System (GIS) Solutions, Application Development & Software Solutions
To see the full contact details of Nervanik AI Labs Private Limited, buy the company report.
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Brands
Nervanik AI Labs operates two associated brands: DRIVEBUDDY and drivebuddyAI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered driver and fleet safety platform focusing on monitoring and risk reduction. | drivebuddyai.com | |
| Provider of AI, SaaS-enabled driver, and fleet safety management solutions | drivebuddyai.co |
Business activity
The main business activity of Nervanik AI Labs 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. |
To see the full business activity and turnover split of Nervanik AI Labs Private Limited, buy the company report.
Financials of Nervanik AI Labs Private Limited
FY 2025 filings availableNervanik AI Labs Private Limited reported revenue of ₹1.3 Cr (up 276% YoY) for FY 2025.
Revenue · FY 2025
₹1.3 Cr ▲ 276%
Net loss · FY 2025
₹7.16 Cr
EBITDA · FY 2025
-₹5.87 Cr margin -451.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 276%
3 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 65%
5 years · compounded
▼ 98%
Revenue has grown at a compounded annual rate (CAGR) of 114% over three years, including 276% growth in the latest year. EBITDA fell 8% 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 | -₹5.87 Cr | ||||
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| Net Profit (PAT) | -₹7.16 Cr | ||||
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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 | -451.7% | ||||
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To see the full financial statements and ratios of Nervanik AI Labs Private Limited, buy the company report.
Board of directors of Nervanik AI Labs Private Limited
Nervanik AI Labs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Pasricha | Nominee Director | 06 Jan 2020 | 6 Years 10 Months | Current |
| Ankur Kamboj | Nominee Director | 06 Jan 2020 | 6 Years 10 Months | Current |
| Nisarg Pandya Also directs: Techminions Innovations LLP | Whole-Time Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Nervanik AI Labs Private Limited is audited by CHAITALI BORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAITALI BORA & ASSOCIATES | FY 2023 | 146610W |
Shareholding
The shareholding of Nervanik AI Labs 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 Nervanik AI Labs Private Limited, buy the company report.
Deals & funding
Nervanik AI Labs Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2020.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Roadzen Technologies Private Limited Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Roadzen Technologies Private Limited Seller: an individual |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
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 Nervanik AI Labs 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 Nervanik AI Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nervanik AI Labs Private Limited has a workforce of 24 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
9.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 24 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Nervanik AI Labs Private Limited, buy the company report.
GST
Nervanik AI Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN1005M1ZP | Gujarat | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of Nervanik AI Labs Private Limited, buy the company report.
Recent activity
Nervanik AI Labs Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Haresh Kalubhai Khadsalia ceased to be Director on 19 Nov 2021.
AGM
Nervanik Ai Labs Private Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Filing
Nervanik Ai Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Haresh Kalubhai Khadsalia ceased to be Director.
Appointed
Ankur Kamboj was appointed as Nominee Director.
Appointed
Mohit Pasricha was appointed as Nominee Director.
Appointed
Nisarg Pandya was appointed as Whole-Time Director.
Incorporation
12 Jun 2018
Nervanik Ai Labs Private Limited was registered on 12 Jun 2018 with Roc Ahmedabad & aged 8 years 5 months as per MCA records.
News
Frequently asked questions
Nervanik AI Labs is an active private limited company based in Ahmedabad, Gujarat, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 12 June 2018 (8+ years old) and is registered under CIN U72501GJ2018PTC102790.
Nervanik AI Labs has 3 current directors:
- Nisarg Pandya - Whole-Time Director
- Mohit Pasricha - Nominee Director
- Ankur Kamboj - Nominee Director
The latest financial statements of Nervanik AI Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nervanik AI Labs is 24AAGCN1005M1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Nervanik AI Labs is U72501GJ2018PTC102790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nervanik AI Labs was incorporated on 12 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nervanik AI Labs has 3 deals on record (3 secondary share transfers); the latest was in March 2020.
Haresh Kalubhai Khadsalia ceased to be Director on 19 Nov 2021. Ankur Kamboj was appointed as Nominee Director on 06 Jan 2020. Mohit Pasricha was appointed as Nominee Director on 06 Jan 2020. Nervanik AI Labs has 4 board changes on record in total.
Yes, Nervanik AI Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nervanik AI Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0133885).
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