Startup India Government of India
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Qasolve.Ai (India) Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.1 Cr
▲ 1% YoY
Net profit · FY 2025
₹8.34 Lakh
Net margin 4%
EBITDA · FY 2025
₹11.01 Lakh
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Qasolve.Ai (India) Private Limited
Data last updated:
Qasolve.Ai (India) Private Limited is a foreign private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020FTC194618. Its GSTIN is 27AAACQ6930G1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devraj Basavraj Ligade and Mahantesh Shivputrappa Kothiwale.
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 Flat No. B13 Sno. 148 Swojas Co – Op Hsg Society Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.1 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.34 Lakh (net margin 4%) and EBITDA of ₹11.01 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company is associated with 1 brand: QASolve.
Qasolve.Ai (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0070310). For more details, the company can be reached via its website qasolve.ai.
Company details
CIN U72900PN2020FTC194618
Registration Number 194618
Incorporation Date 03 October 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0070310
Recognitions & Rankings of Qasolve.Ai (India)
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-26-0070310
Contact details
Qasolve.Ai (India) Private Limited's registered office is in Pune, Maharashtra. Its website is qasolve.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. B13 Sno. 148 Swojas Co – Op Hsg Society Aundh, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qasolve.Ai (India) Private Limited, buy the company report.
Comprehensive company report
Qasolve.Ai (India) 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
Qasolve.Ai (India) operates one associated brand: QASolve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-powered software testing automation and QA solutions for developers. | qasolve.ai |
Business activity
The main business activity of Qasolve.Ai (India) 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 | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qasolve.Ai (India) Private Limited, buy the company report.
Financials of Qasolve.Ai (India) Private Limited
FY 2025 filings availableQasolve.Ai (India) Private Limited reported revenue of ₹2.1 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹2.1 Cr ▲ 1%
Net profit · FY 2025
₹8.34 Lakh margin 4%
EBITDA · FY 2025
₹11.01 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 1% growth in the latest year. EBITDA fell 30% 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 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹11.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Qasolve.Ai (India) Private Limited, buy the company report.
Board of directors of Qasolve.Ai (India) Private Limited
Qasolve.Ai (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devraj Basavraj Ligade Also directs: Sarvara Technologies Private Limited | Director | 03 Oct 2020 | 6 Years 1 Months | Current |
| Mahantesh Shivputrappa Kothiwale | Director | 03 Oct 2020 | 6 Years 1 Months | Current |
Peer comparison
Qasolve.Ai (India) Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Psrao Digital Solutions Private Limited | ₹2.11 Cr (FY 2024) | 29752.0% | Hyderabad, Telangana, India | |||
| Fantastech Solutions Private Limited | ₹2.11 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Qasolve.Ai (India) Private Limitedthis company | ₹2.1 Cr (FY 2025) | ₹8.34 Lakh | 4% | 1.0% | Pune, Maharashtra, India | |
| Weplus Consultancy Private Limited | ₹2.1 Cr (FY 2024) | -3.0% | Nashik, Maharashtra, India | |||
| Digiprima Technologies (OPC) Private Limited | ₹2.1 Cr (FY 2025) | 80.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Qasolve.Ai (India) Private Limited, buy the company report.
Shareholding
The shareholding of Qasolve.Ai (India) Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Qasolve.Ai (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qasolve.Ai (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 Qasolve.Ai (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qasolve.Ai (India) Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Qasolve.Ai (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ6930G1ZF | Maharashtra | Active | 05 Jan 2021 |
To see the full GST registrations and return filing status of Qasolve.Ai (India) Private Limited, buy the company report.
Recent activity
Qasolve.Ai (India) Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Devraj Basavraj Ligade was appointed as Director on 03 Oct 2020.
AGM
Qasolve.Ai (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Qasolve.Ai (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Devraj Basavraj Ligade was appointed as Director.
Appointed
Mahantesh Shivputrappa Kothiwale was appointed as Director.
Incorporation
03 Oct 2020
Qasolve.Ai (India) Private Limited was registered on 03 Oct 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Qasolve.Ai (India) is an active foreign private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 October 2020 (6+ years old) and is registered under CIN U72900PN2020FTC194618.
Qasolve.Ai (India) has 2 current directors:
- Devraj Basavraj Ligade - Director
- Mahantesh Shivputrappa Kothiwale - Director
The latest financial statements of Qasolve.Ai (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 2021 are in the company report.
The GSTIN of Qasolve.Ai (India) is 27AAACQ6930G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qasolve.Ai (India) is U72900PN2020FTC194618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qasolve.Ai (India) was incorporated on 03 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Qasolve.Ai (India) by revenue are Psrao Digital Solutions Private Limited, Fantastech Solutions Private Limited, Weplus Consultancy Private Limited, Digiprima Technologies (OPC) Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Devraj Basavraj Ligade was appointed as Director on 03 Oct 2020. Mahantesh Shivputrappa Kothiwale was appointed as Director on 03 Oct 2020.
Yes, Qasolve.Ai (India) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Qasolve.Ai (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0070310).
Qasolve.Ai (India) can be reached through the website qasolve.ai. Its registered office is in Pune, Maharashtra, India.
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