About Rakuten Symphony India Private Limited
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Rakuten Symphony India Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Rakuten Symphony Singapore Pte. Ltd(Formerly Known As Rakuten Mobile Singapore Pte. Ltd). It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2012PTC028959. Its GSTIN is 23AADCI0093D1Z4 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.2 Lakh. It was formerly known as Innoeye Software Technologies Private Limited. It is led by directors including Kensuke Deguchi (Whole-Time Director) and Hideyuki Hirama.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor C21 Business Park, Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹765.32 Cr. For the same year it recorded a net profit of ₹67.45 Cr (net margin 8.8%) and EBITDA of ₹162.79 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 66% over five years.
The company has about 1,706 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: InnoEye. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹67.16 Cr; the latest was in September 2020. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Ice Data Services India Private Limited with revenue of ₹788.08 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoeye.com.
Company details
Contact details
Rakuten Symphony India Private Limited's registered office is in Indore, Madhya Pradesh. Its website is innoeye.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor C21 Business Park C21 Square Opposite Radisson Blue Hotel Mr – 10 Ind, Ore, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Rakuten Symphony 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
Brands
Rakuten Symphony India operates one associated brand: InnoEye. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive data analytics, network management, and business intelligence services. | innoeye.com |
Business activity
The main business activity of Rakuten Symphony 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 Rakuten Symphony India Private Limited, buy the company report.
Financials of Rakuten Symphony India Private Limited
FY 2025 filings availableRakuten Symphony India Private Limited reported revenue of ₹765.32 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years. EBITDA rose 9% 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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| EBITDA | ₹162.79 Cr | ||||
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| Net Profit (PAT) | ₹67.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Rakuten Symphony India Private Limited, buy the company report.
Board of directors of Rakuten Symphony India Private Limited
Rakuten Symphony India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hideyuki Hirama | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Kensuke Deguchi | Whole-Time Director | 25 Apr 2024 | 2 Years 6 Months | Current |
| Satoshi Sato | Director | 04 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
Rakuten Symphony 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 |
|---|---|---|---|---|---|---|
| Ice Data Services India Private Limited | ₹788.08 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Juniper Networks Solution India Private Limited | ₹780.45 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Resilient Digi Services Private Limited | ₹777.38 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Browserstack Software Private Limited | ₹771.2 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Movate Technologies Private Limited | ₹767.6 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Rakuten Symphony India Private Limitedthis company | ₹765.32 Cr (FY 2025) | ₹67.45 Cr | 8.8% | 1,706 | Indore, Madhya Pradesh, India | |
| CSG Systems International (India) Private Limited | ₹745.92 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Orange Business Services India Solutions Private Limited | ₹744.13 Cr (FY 2025) | 9.0% | Gurgaon, Haryana, India | |||
| Phasorz Technologies Private Limited | ₹743.03 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| MPS Limited | ₹739.41 Cr (FY 2025) | 33.0% | Chennai, Tamil Nadu, India | |||
| Advantage Club Technologies Private Limited | ₹724.62 Cr (FY 2025) | 89.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Rakuten Symphony India Private Limited, buy the company report.
Auditor
Rakuten Symphony India Private Limited is audited by S. P. Khandelwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. Khandelwal & Associates | FY 2023 | 003531C |
Shareholding
The shareholding of Rakuten Symphony India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Rakuten Symphony India Private Limited, buy the company report.
Deals & funding
Rakuten Symphony India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹67.16 Cr; the latest was in September 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Rakuten Mobile Singapore Pte Ltd Seller: 2 individuals |
| Sep 2020 | Funding round | ₹67.16 Cr | Investors: Rakuten Mobile Singapore Pte Ltd, Rakuten Mobile Inc |
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 Rakuten Symphony 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 Rakuten Symphony India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rakuten Symphony India Private Limited has a workforce of 1,706 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Rakuten Symphony India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCI0093D1Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
| 29AADCI0093D1ZS | Karnataka | Active | 18 Apr 2022 |
To see the full GST registrations and return filing status of Rakuten Symphony India Private Limited, buy the company report.
Recent activity
Rakuten Symphony India Private Limited has 17 board changes on record since 2020: 4 appointments and 13 cessations. The latest: Satoshi Sato ceased to be Additional Director on 23 Sep 2024.
8 earlier events are in the company report.
Frequently asked questions
Rakuten Symphony India is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U72200MP2012PTC028959.
Rakuten Symphony India has 3 current directors:
- Kensuke Deguchi - Whole-Time Director
- Hideyuki Hirama - Director
- Satoshi Sato - Director
The latest financial statements of Rakuten Symphony India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rakuten Symphony India is 23AADCI0093D1Z4, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCI0093D1ZS (Karnataka).
The CIN (Corporate Identification Number) of Rakuten Symphony India is U72200MP2012PTC028959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakuten Symphony India was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
Rakuten Symphony India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹67.16 Cr; the latest was in September 2020.
The peers of Rakuten Symphony India by revenue are Ice Data Services India Private Limited, Juniper Networks Solution India Private Limited, Resilient Digi Services Private Limited, Browserstack Software Private Limited, Movate Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Satoshi Sato ceased to be Additional Director on 23 Sep 2024. Rahul Atri was appointed as Managing Director on 09 May 2024. Kensuke Deguchi was appointed as Whole-Time Director on 25 Apr 2024. Rakuten Symphony India has 17 board changes on record in total.
Rakuten Symphony India can be reached through the website innoeye.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Rakuten Symphony India is at 3rd Floor C21 Business Park C21 Square Opposite Radisson Blue Hotel Mr – 10 Ind, Ore, Indore, Madhya Pradesh, India – 452010.
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