About Nextgendev Solutions Private Limited
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Nextgendev Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bitkuber Investments Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC147720. Its GSTIN is 29AAHCN6089J1ZQ (Karnataka).
The company has an authorised share capital of ₹140 Cr and a paid-up capital of ₹110 Cr. It is led by directors including Sahil Tewari (Managing Director) and Ramakrishna Murthi.
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 Phoenix Electra Block 1st Floor Wing A Exora Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.9 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net loss of ₹18.43 Cr (net margin -142.9%) and EBITDA of -₹18.38 Cr (EBITDA margin -142.5%).
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CoinSwitch. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coinswitch.co.
Company details
Contact details
Nextgendev Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is coinswitch.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPhoenix Electra Block 1st Floor Wing A Exora Business Park, Prestige Tech Park II Bellandur, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nextgendev Solutions 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
Nextgendev Solutions operates one associated brand: CoinSwitch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cryptocurrency trading and exchange services are facilitated for users. | coinswitch.co |
Business activity
The main business activity of Nextgendev Solutions 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 Nextgendev Solutions Private Limited, buy the company report.
Financials of Nextgendev Solutions Private Limited
FY 2025 filings availableNextgendev Solutions Private Limited reported revenue of ₹12.9 Cr (up 122% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 122% in the latest year. EBITDA rose 42% in the latest 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 |
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| EBITDA | -₹18.38 Cr | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹18.43 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -142.5% | |||
| Net Profit Margin | -142.9% | |||
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To see the full financial statements and ratios of Nextgendev Solutions Private Limited, buy the company report.
Board of directors of Nextgendev Solutions Private Limited
Nextgendev Solutions 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 |
|---|---|---|---|---|
| Sahil Tewari | Managing Director | 19 Sep 2023 | 3 Years 1 Months | Current |
| Ramakrishna Murthi | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Sanjit Chakrabortty Also directs: Bitcipher Labs LLP | Additional Director | 23 Jun 2026 | 0 Years 4 Months | Current |
Peer comparison
Nextgendev Solutions Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Enovate IT Outsourcing Private Limited | ₹12.92 Cr (FY 2024) | 119.0% | Pune, Maharashtra, India | |||
| Empezar Consulting Private Limited | ₹12.91 Cr (FY 2025) | 191.0% | Gandhidham, Gujarat, India | |||
| Alteatec IT Solutions Private Limited | ₹12.91 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| June IT Solutions Private Limited | ₹12.91 Cr (FY 2022) | 917.0% | Kochi, Kerala, India | |||
| Vayam Info Solutions Private Limited | ₹12.9 Cr (FY 2025) | -19.0% | New Delhi, Delhi, India | |||
| Nextgendev Solutions Private Limitedthis company | ₹12.9 Cr (FY 2025) | -₹18.43 Cr | -142.9% | 122.0% | 7 | Bangalore, Karnataka, India |
| Prime Corporate Solutions Private Limited | ₹12.9 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Exult Infosolutions Private Limited | ₹12.89 Cr (FY 2021) | 14.0% | Pune, Maharashtra, India | |||
| Itworks Infotech Private Limited | ₹12.89 Cr (FY 2024) | 18.0% | Pune, Maharashtra, India | |||
| Global Outlook Private Limited | ₹12.89 Cr (FY 2024) | 1.0% | Hyderabad, Telangana, India | |||
| Cognoscente Invnted Private Limited | ₹12.88 Cr (FY 2024) | 43.0% | Delhi, India |
To see the full peer comparison of Nextgendev Solutions Private Limited, buy the company report.
Auditor
Nextgendev Solutions Private Limited is audited by G Venugopal Kamath & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G Venugopal Kamath & Co. | FY 2024 | 004674S |
Shareholding
The shareholding of Nextgendev Solutions Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nextgendev Solutions Private Limited, buy the company report.
Legal cases
Nextgendev Solutions Private Limited has 3 court cases on record: 3 filed by Nextgendev Solutions. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CPCD) | Filed by the company against Zanmai Labs Private Limited and 4 others | Disposed |
| High Court | Court case (CARBP) | Filed by the company against Zanmai Labs Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
To see the full case history of Nextgendev Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextgendev Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nextgendev Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Nextgendev Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCN6089J1ZQ | Karnataka | Active | 18 Mar 2022 |
To see the full GST registrations and return filing status of Nextgendev Solutions Private Limited, buy the company report.
Recent activity
Nextgendev Solutions Private Limited has 8 board changes on record since 2022: 3 appointments and 5 cessations. The latest: Sanjit Chakrabortty was appointed as Additional Director on 23 Jun 2026.
News
Frequently asked questions
Nextgendev Solutions 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 22 May 2021 (5+ years old) and is registered under CIN U72900KA2021PTC147720.
Nextgendev Solutions has 3 current directors:
- Sahil Tewari - Managing Director
- Ramakrishna Murthi - Director
- Sanjit Chakrabortty - Additional Director
The latest financial statements of Nextgendev Solutions 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 2022 are in the company report.
The GSTIN of Nextgendev Solutions is 29AAHCN6089J1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Nextgendev Solutions is U72900KA2021PTC147720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgendev Solutions has 3 court cases on record: 3 filed by the company. 1 is pending.
Nextgendev Solutions was incorporated on 22 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nextgendev Solutions by revenue are Enovate IT Outsourcing Private Limited, Empezar Consulting Private Limited, Alteatec IT Solutions Private Limited, June IT Solutions Private Limited, Vayam Info Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sanjit Chakrabortty was appointed as Additional Director on 23 Jun 2026. Sarthak Goel ceased to be Additional Director on 23 Jun 2026. Ramakrishna Murthi was appointed as Director on 24 Sep 2024. Nextgendev Solutions has 8 board changes on record in total.
Nextgendev Solutions can be reached through the website coinswitch.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Nextgendev Solutions is at Phoenix Electra Block 1st Floor Wing A Exora Business Park, Prestige Tech Park II Bellandur, Bangalore, Karnataka, India – 560037.
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