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Paperplane Communications Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.65 Lakh
▲ 195% YoY
Net loss · FY 2024
₹92.56 Lakh
Net margin -155.2%
EBITDA · FY 2024
-₹91.56 Lakh
EBITDA margin -153.5%
Authorised capital
₹30.7 Lakh
Registered with MCA
Paid-up capital
₹27.72 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Paperplane Communications Private Limited
Data last updated:
Paperplane Communications Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 02 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC191081. Its GSTIN is 24AAMCP1031H1ZQ (Gujarat).
The company has an authorised share capital of ₹30.7 Lakh and a paid-up capital of ₹27.72 Lakh. It is led by directors including Devansh Swarup and Varun Goel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹92.56 Lakh (net margin -155.2%) and EBITDA of -₹91.56 Lakh (EBITDA margin -153.5%).
The company is associated with 1 brand: Paperplane. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.37 Cr; the latest was in March 2022.
Paperplane Communications Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0008489). For more details, the company can be reached via its website paperplanetech.co.
Company details
CIN U72900KA2021PTC191081
Registration Number 191081
Incorporation Date 02 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-06-0008489
CIN history
Paperplane Communications has one previous CIN (Corporate Identification Number): U72900GJ2021PTC123796. The current CIN is U72900KA2021PTC191081, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2021PTC191081 | Current |
| U72900GJ2021PTC123796 | Previous |
Recognitions & Rankings of Paperplane Communications
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-06-0008489
Contact details
Paperplane Communications Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address4th Floor Umiya Emporium 97 Hosur Main Road, Suddaguntepalya, Bangalore, Karnataka, India – 560095
- IndustryHealthcare, HealthTech & Medical Tech Solutions
Comprehensive company report
Paperplane Communications 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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Brands
Paperplane Communications operates one associated brand: Paperplane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital telemedicine platform is provided for hospitals via WhatsApp integration. | paperplanetech.co |
Business activity
The main business activity of Paperplane Communications 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 Paperplane Communications Private Limited, buy the company report.
Financials of Paperplane Communications Private Limited
FY 2024 filings availablePaperplane Communications Private Limited reported revenue of ₹59.65 Lakh (up 195% YoY) for FY 2024.
Revenue · FY 2024
₹59.65 Lakh ▲ 195%
Net loss · FY 2024
₹92.56 Lakh margin -155.2%
EBITDA · FY 2024
-₹91.56 Lakh margin -153.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 195%
EBITDA CAGR growth
1 year
▼ 19%
Revenue rose 195% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹91.56 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹92.56 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -153.5% | ||
| Net Profit Margin | -155.2% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Paperplane Communications Private Limited, buy the company report.
Board of directors of Paperplane Communications Private Limited
Paperplane Communications has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devansh Swarup Also directs: Paperplane Technology LLP | Director | 02 Jul 2021 | 5 Years 3 Months | Current |
| Vatsal Jasmin Bavishi | Nominee Director | 31 Mar 2022 | 4 Years 6 Months | Current |
| Varun Goel | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Mohit Kapoor Also directs: Picklebugs Private Limited | Director | 12 Sep 2025 | 1 Years 1 Months | Current |
Deals & funding
Paperplane Communications Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.37 Cr; the latest was in March 2022.
Total deals
3
Funding rounds
3
Disclosed funding
₹3.37 Cr
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round · Seed | ₹1.5 Cr | Investors: Cornerstone Venture Partners Fund (CSVP Fund) |
To see the full deal history of Paperplane Communications Private Limited, buy the company report.
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 Paperplane Communications 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 Paperplane Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paperplane Communications has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCP1031H1ZQ | Gujarat | Active | 08 Oct 2021 |
To see the full GST registrations and return filing status of Paperplane Communications Private Limited, buy the company report.
Recent activity
Paperplane Communications Private Limited has 9 board changes on record since 2021: 4 appointments and 5 cessations. The latest: Mohit Kapoor ceased to be Additional Director on 29 Sep 2025.
Ceased
Mohit Kapoor ceased to be Additional Director.
Appointed
Mohit Kapoor was appointed as Director.
Ceased
Aryan Pandey ceased to be Director.
AGM
Paperplane Communications Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Dhruv Upadhyay ceased to be Director.
Filing
Paperplane Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Varun Goel ceased to be Additional Director.
Appointed
Vatsal Jasmin Bavishi was appointed as Nominee Director.
Ceased
Shobit Puri ceased to be Director.
Appointed
Varun Goel was appointed as Director.
Appointed
Devansh Swarup was appointed as Director.
Incorporation
02 Jul 2021
Paperplane Communications Private Limited was registered on 02 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Paperplane Communications is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 02 July 2021 (5+ years old) and is registered under CIN U72900KA2021PTC191081.
Paperplane Communications has 4 current directors:
- Devansh Swarup - Director
- Vatsal Jasmin Bavishi - Nominee Director
- Varun Goel - Director
- Mohit Kapoor - Director
The latest financial statements of Paperplane Communications on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Paperplane Communications is 24AAMCP1031H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Paperplane Communications is U72900KA2021PTC191081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paperplane Communications was incorporated on 02 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Paperplane Communications has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.37 Cr; the latest was in March 2022.
Mohit Kapoor ceased to be Additional Director on 29 Sep 2025. Mohit Kapoor was appointed as Director on 12 Sep 2025. Aryan Pandey ceased to be Director on 11 Sep 2025. Paperplane Communications has 9 board changes on record in total.
Yes, Paperplane Communications is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Paperplane Communications is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-06-0008489).