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Qarai Solutions Private Limited - software in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.45 Lakh
▼ 70% YoY
Net loss · FY 2025
₹19.03 Lakh
Net margin -81.1%
EBITDA · FY 2025
-₹16.43 Lakh
EBITDA margin -70.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About Qarai Solutions Private Limited
Data last updated:
Qarai Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 16 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2018PTC114800. Its GSTIN is 29AAGCT8536K1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Transmpower Global Tech-Solutions Private Limited. It is led by directors Razeena Abdur Rahman and Abdurrahman.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.45 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹19.03 Lakh (net margin -81.1%) and EBITDA of -₹16.43 Lakh (EBITDA margin -70.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 24% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website mpowerglobal.co.in.
Company Details of Qarai Solutions Private Limited
CIN U72200KA2018PTC114800
Registration Number 114800
Incorporation Date 16 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Qarai Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No – 125 Resco – Work02 1st & 2nd Floor Ibis Hotel 26/1 Hosur Road Bommanahall, I, Bangalore, Karnataka, India – 560068
- IndustrySoftware, Software Development, Software Publishing
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Business Activity of Qarai Solutions Private Limited
The main business activity of Qarai Solutions is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Qarai Solutions Private Limited FY 2025 filings available
Qarai Solutions Private Limited reported revenue of ₹23.45 Lakh (down 70% YoY) for FY 2025.
Revenue · FY 2025
₹23.45 Lakh ▼ 70%
Net loss · FY 2025
₹19.03 Lakh margin -81.1%
EBITDA · FY 2025
-₹16.43 Lakh margin -70.1%
Compounded Annual Growth Rate (CAGR) of Qarai Solutions Private Limited
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 17%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 87%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 70% fall in the latest year. EBITDA fell 99% 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 of Qarai Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹16.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.03 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 of Qarai Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -81.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Qarai Solutions are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Qarai Solutions Private Limited
Qarai Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Razeena Abdur Rahman | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Abdurrahman | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Qarai Solutions Private Limited
Qarai Solutions Private Limited is compared with the companies closest to it by revenue in the Artificial Intelligence industry (AI Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wizr AI Solutions Private Limited | ₹32.8 Lakh (FY 2024) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Innotechai Solutions Private Limited | ₹32.57 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Hyderabad, Telangana, India |
| Ekitai Solutions Private Limited | ₹31.37 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Bhvai Solutions Private Limited | ₹31.19 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Hubli, Karnataka, India |
| Samajh AI Solutions Private Limited | ₹24.02 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Rohtak, Haryana, India |
| Qarai Solutions Private Limited this company | ₹23.45 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Bangalore, Karnataka, India |
| Langcept AI Solutions (OPC) Private Limited | ₹23.12 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Pixxon AI Solutions Private Limited | ₹21.49 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Chennai, Tamil Nadu, India |
| Bhoomi AI Solutions Private Limited | ₹20.94 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Samastipur, Bihar, India |
| Odinai Solutions Private Limited | ₹20.5 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Scidentai Solutions Private Limited | ₹20.05 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Qarai Solutions by revenue in the Artificial Intelligence industry (AI Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Qarai Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Qarai Solutions Private Limited
Qarai Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qarai Solutions Private Limited
Qarai Solutions Private Limited has a workforce of 6 employees as of Mar 21, 2024.
Employee count
6
Active EPFO establishments
1
Employee growth
50%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Qarai Solutions Private Limited
Qarai Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Abdurrahman was appointed as Director on 16 Jul 2018.
AGM
Qarai Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Qarai Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Abdurrahman was appointed as Director.
Appointed
Razeena Abdur Rahman was appointed as Director.
Incorporation
16 Jul 2018
Qarai Solutions Private Limited was registered on 16 Jul 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Qarai Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Qarai Solutions Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Qarai Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Qarai Solutions Private Limited
Qarai Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT8536K1ZN | Karnataka | Active | 21 Aug 2018 |
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GST registrations and filing compliance
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MCA Filings & Documents of Qarai Solutions Private Limited
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Frequently Asked Questions about Qarai Solutions Private Limited
Qarai Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development, within the software industry. It was incorporated on 16 July 2018 (8+ years old) and is registered under CIN U72200KA2018PTC114800.
Qarai Solutions reported revenue of ₹23.45 Lakh for FY 2025 (down 70% YoY).
Qarai Solutions has 2 current directors:
- Razeena Abdur Rahman - Director
- Abdurrahman - Director
Qarai Solutions reported a net loss of ₹19.03 Lakh (net margin -81.1%) and EBITDA of -₹16.43 Lakh (EBITDA margin -70.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qarai Solutions is -17% over three years and -24% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qarai Solutions is 29AAGCT8536K1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Qarai Solutions is U72200KA2018PTC114800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qarai Solutions was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Qarai Solutions by revenue are Wizr AI Solutions Private Limited, Innotechai Solutions Private Limited, Ekitai Solutions Private Limited, Bhvai Solutions Private Limited, Samajh AI Solutions Private Limited and 5 more, all in the Artificial Intelligence industry (AI Solutions).
Abdurrahman was appointed as Director on 16 Jul 2018. Razeena Abdur Rahman was appointed as Director on 16 Jul 2018.
Yes, Qarai Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).