About Prodevam India Private Limited
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Prodevam 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 28 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC147885.
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It is led by directors Vaibhav Devpura and Prashant Mahajan.
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 677 1st Floor 27th Main 13th Cross Hsr Layout 1 Sector, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹63.04 Lakh (net margin -21%) and EBITDA of -₹55.4 Lakh (EBITDA margin -18.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zeda.io.
For more details, the company can be reached via its website zeda.io.
Company details
Contact details
Prodevam India Private Limited's registered office is in Bangalore, Karnataka. Its website is zeda.io. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address677 1st Floor 27th Main 13th Cross Hsr Layout 1 Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Prodevam 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 Prodevam India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Prodevam India Private Limited, buy the company report.
Financials of Prodevam India Private Limited
FY 2025 filings availableProdevam India Private Limited reported revenue of ₹3 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 54% fall in the latest year. EBITDA fell 171% 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 |
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| EBITDA | -₹55.4 Lakh | |||
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| Net Profit (PAT) | -₹63.04 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | -18.5% | |||
| Net Profit Margin | -21% | |||
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To see the full financial statements and ratios of Prodevam India Private Limited, buy the company report.
Board of directors of Prodevam India Private Limited
Prodevam India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Devpura Also directs: Prodsmart Private Limited | Director | 28 May 2021 | 5 Years 5 Months | Current |
| Prashant Mahajan Also directs: Prodsmart Private Limited | Director | 28 May 2021 | 5 Years 5 Months | Current |
Peer comparison
Prodevam India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srishta Technology Private Limited | ₹3 Cr (FY 2025) | -3.0% | Delhi, India | |||
| Amphi Ventures Private Limited | ₹3 Cr (FY 2023) | Coimbatore, Tamil Nadu, India | ||||
| E-Team Infocom Private Limited | ₹3 Cr (FY 2016) | -10.0% | Kolkata, West Bengal, India | |||
| Scopic Solutions Private Limited | ₹3 Cr (FY 2024) | -9.0% | Udaipur, Rajasthan, India | |||
| Comtech IT Solutions Private Limited | ₹3 Cr (FY 2024) | 1.0% | Gurgaon, Haryana, India | |||
| Prodevam India Private Limitedthis company | ₹3 Cr (FY 2025) | -₹63.04 Lakh | -21% | -54.0% | 22 | Bangalore, Karnataka, India |
| Inofinity Healthcare Solutions Private Limited | ₹3 Cr (FY 2025) | 49.0% | Sriperumbudur, Tamil Nadu, India | |||
| Mitiosys Services Private Limited | ₹2.99 Cr (FY 2025) | 7420.0% | Greater Noida, Uttar Pradesh, India | |||
| Rimsol Technologies Private Limited | ₹2.99 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Rajshri Media Private Limited | ₹2.99 Cr (FY 2023) | 19.0% | Mumbai, Maharashtra, India | |||
| E-List Technologies Private Limited | ₹2.99 Cr (FY 2025) | 122.0% | Delhi, India |
To see the full peer comparison of Prodevam India Private Limited, buy the company report.
Auditor
Prodevam India Private Limited is audited by Parikh & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parikh & Associates | FY 2022 | 168851 |
Legal cases
No court or tribunal cases involving Prodevam 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
No delayed payments to MSME suppliers are on our record for Prodevam India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prodevam India Private Limited has a workforce of 22 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Prodevam India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prodevam India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Prashant Mahajan was appointed as Director on 28 May 2021.
News
Frequently asked questions
Prodevam 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 28 May 2021 (5+ years old) and is registered under CIN U72900KA2021FTC147885.
Prodevam India has 2 current directors:
- Vaibhav Devpura - Director
- Prashant Mahajan - Director
The latest financial statements of Prodevam India 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 CIN (Corporate Identification Number) of Prodevam India is U72900KA2021FTC147885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prodevam India was incorporated on 28 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prodevam India by revenue are Srishta Technology Private Limited, Amphi Ventures Private Limited, E-Team Infocom Private Limited, Scopic Solutions Private Limited, Comtech IT Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Prashant Mahajan was appointed as Director on 28 May 2021. Vaibhav Devpura was appointed as Director on 28 May 2021.
Prodevam India can be reached through the website zeda.io. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prodevam India is at 677 1st Floor 27th Main 13th Cross Hsr Layout 1 Sector, Bangalore, Karnataka, India – 560102.
Prodevam India operates in the information technology industry, in the IT consulting and support services segment.
Prodevam India has 1 associated brand: Zeda.Io.