Progate Online Education Private Limited

Progate Online Education Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2018FTC116482 Incorporated 19 September 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company education
Data last updated
Revenue · FY 2022
₹10.26 Lakh
▼ 56% YoY
Net loss · FY 2022
₹36.24 Lakh
Net margin -353.3%
EBITDA · FY 2022
-₹87.04 Lakh
Latest filing
Authorised capital
₹3.6 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Progate Online Education Private Limited

Data last updated:

Progate Online Education Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Progate Inc. Japan. It operates in the elearning and digital education segment of the education sector. It was incorporated on 19 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC116482. Its GSTIN is 29AAKCP0697F1Z0 (Karnataka).

The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors including Masanori Kato and Takuya Miyabayashi.

Its last annual general meeting (AGM) was held on 10 December 2025, and its latest financial statements are for the year ended 30 June 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2022, the company reported a revenue of ₹10.26 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹36.24 Lakh (net margin -353.3%) and EBITDA of -₹87.04 Lakh.

The company is associated with 1 brand: Progate.

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

Company details

CIN U72900KA2018FTC116482
Registration Number 116482
Incorporation Date 19 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 December 2025
Date of Balance Sheet 30 June 2025
Parent Company Progate Inc. Japan

Contact details

Progate Online Education Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Apps
  • Registered Address
    1st Floor Spd Plaza, Koramangala Industrial Layout 5th Block Koramangala, Bangalore, Karnataka, India – 560034
  • Industry
    Education, eLearning & Digital Education

To see the full contact details of Progate Online Education Private Limited, buy the company report.

Comprehensive company report
Progate Online Education 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

Progate Online Education operates one associated brand: Progate. Each brand links to its own profile.

BrandDescriptionWebsite
Online platform to learn programmingprogate.com

Business activity

The main business activity of Progate Online Education is education. In detail, this covers education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducation85Education

To see the full business activity and turnover split of Progate Online Education Private Limited, buy the company report.

Financials of Progate Online Education Private Limited

FY 2025 filings available

Progate Online Education Private Limited reported revenue of ₹10.26 Lakh (down 56% YoY) for FY 2022.

Revenue · FY 2022
₹10.26 Lakh ▼ 56%
Net loss · FY 2022
₹36.24 Lakh margin -353.3%
EBITDA · FY 2022
-₹87.04 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 56%
EBITDA CAGR growth
1 year
▼ 794%

Revenue fell 56% in the latest year. EBITDA fell 794% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹87.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹36.24 Lakh
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 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin-353.3%
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 Progate Online Education Private Limited, buy the company report.

Board of directors of Progate Online Education Private Limited

Progate Online Education has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Masanori KatoDirector19 Sep 20188 Years 1 MonthsCurrent
Takuya MiyabayashiDirector09 Oct 20197 Years 1 MonthsCurrent
Yudai MatsunamiDirector01 Apr 20215 Years 7 MonthsCurrent

Auditor

Progate Online Education Private Limited is audited by M N V & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
M N V & COFY 2019023682N

Shareholding

The shareholding of Progate Online Education Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Progate Online Education Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Progate Online Education Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Progate Online Education has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAKCP0697F1Z0KarnatakaActive16 Jan 2019

To see the full GST registrations and return filing status of Progate Online Education Private Limited, buy the company report.

Recent activity

Progate Online Education Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Yudai Matsunami ceased to be Additional Director on 20 Oct 2021.

AGM
Progate Online Education Private Limited last Annual general meeting of members was held on 10 Dec 2025 as per latest MCA records.
Filing
Progate Online Education Private Limited has filed its annual Financial statements for the year ended 30 Jun 2025 with Roc Bangalore.
Ceased
Yudai Matsunami ceased to be Additional Director.
Appointed
Yudai Matsunami was appointed as Director.
Ceased
Sangeeta Rajashekhar Devni ceased to be Director.
Ceased
Takuya Miyabayashi ceased to be Additional Director.
Appointed
Takuya Miyabayashi was appointed as Director.
Ceased
Takuno Nishimura ceased to be Director.
Appointed
Masanori Kato was appointed as Director.
Incorporation
19 Sep 2018
Progate Online Education Private Limited was registered on 19 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.

Frequently asked questions

Progate Online Education is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in elearning and digital education, within the education industry. It was incorporated on 19 September 2018 (8+ years old) and is registered under CIN U72900KA2018FTC116482.

Progate Online Education has 3 current directors:

The latest financial statements of Progate Online Education on record with the MCA are for the year ended 30 June 2025. Its last annual general meeting was held on 10 December 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Progate Online Education is 29AAKCP0697F1Z0, registered in Karnataka.

The CIN (Corporate Identification Number) of Progate Online Education is U72900KA2018FTC116482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Progate Online Education was incorporated on 19 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Yudai Matsunami ceased to be Additional Director on 20 Oct 2021. Yudai Matsunami was appointed as Director on 01 Apr 2021. Sangeeta Rajashekhar Devni ceased to be Director on 31 Mar 2021. Progate Online Education has 7 board changes on record in total.

Progate Online Education can be reached through the website progate.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Progate Online Education is at 1st Floor Spd Plaza, Koramangala Industrial Layout 5th Block Koramangala, Bangalore, Karnataka, India – 560034.

Progate Online Education operates in the education industry, in the elearning and digital education segment.