MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0079171
Remittx Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.43 Cr
▲ 24% YoY
Net loss · FY 2024
₹4.28 Lakh
Net margin -0.7%
EBITDA · FY 2024
₹20.76 Lakh
EBITDA margin 3.2%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.08 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
23
Provident fund records
Directors on board
2
As per MCA filings
About Remittx Private Limited
Data last updated:
Remittx Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Driffle Inc. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2021PTC145832. Its GSTIN is 29AAKCR9138H1ZS (Karnataka). 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 ₹1.08 Lakh. It is led by directors Chetan Bhardwaj and Mayank Chawla.
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 1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.43 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹4.28 Lakh (net margin -0.7%) and EBITDA of ₹20.76 Lakh (EBITDA margin 3.2%).
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Driffle. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in January 2023. Its 10 peer companies in the same principal business activity (retail trading) are compared by revenue, 5 larger and 5 smaller; the largest is My Milestones Fashion Essentials Private Limited with revenue of ₹6.43 Cr.
Remittx Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0079171). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website driffle.com.
Company details
CIN U74110KA2021PTC145832
Registration Number 145832
Incorporation Date 25 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Driffle Inc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0079171
CIN history
Remittx has one previous CIN (Corporate Identification Number): U72900KA2021PTC145832. The current CIN is U74110KA2021PTC145832, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2021PTC145832 | Current |
| U72900KA2021PTC145832 | Previous |
Key People
Chetan Bhardwaj Director Mayank Chawla Director Recognitions & Rankings of Remittx
Contact details
Remittx Private Limited's registered office is in Bengaluru, Karnataka. Its website is driffle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Remittx Private Limited, buy the company report.
Comprehensive company report
Remittx 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
Remittx operates one associated brand: Driffle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer of gaming products | driffle.com |
Business activity
The main business activities of Remittx are trade and information and communication. In detail, this covers retail trading and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Remittx Private Limited, buy the company report.
Financials of Remittx Private Limited
FY 2025 filings availableRemittx Private Limited reported revenue of ₹6.43 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹6.43 Cr ▲ 24%
Net loss · FY 2024
₹4.28 Lakh margin -0.7%
EBITDA · FY 2024
₹20.76 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 281%
Revenue rose 24% in the latest year. EBITDA fell 46% 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 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 | ₹20.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.28 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | -0.7% | |||
| 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 Remittx Private Limited, buy the company report.
Board of directors of Remittx Private Limited
Remittx has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Bhardwaj Also directs: Protectfox Technologies LLP, Cometo Digital (OPC) Private Limited, Controlcore Private Limited and 1 more | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Mayank Chawla | Director | 23 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Remittx Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| My Milestones Fashion Essentials Private Limited | ₹6.43 Cr (FY 2024) | 44.0% | Mumbai, Maharashtra, India | |||
| Reynold Graphics Private Limited | ₹6.43 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Kailash Health Solutions Private Limited | ₹6.43 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Anant Glass Emporium Private Limited | ₹6.43 Cr (FY 2025) | -1.0% | Uttar Pradesh, India | |||
| Kriesta Opportunities Private Limited | ₹6.43 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Remittx Private Limitedthis company | ₹6.43 Cr (FY 2024) | -₹4.28 Lakh | -0.7% | 24.0% | Bengaluru, Karnataka, India | |
| Venus Orthocare Private Limited | ₹6.43 Cr (FY 2024) | 40.0% | Chennai, Tamil Nadu, India | |||
| Joss Distributors Private Limited | ₹6.43 Cr (FY 2025) | 10.0% | Ujjain, Madhya Pradesh, India | |||
| Smartlife Products Private Limited | ₹6.43 Cr (FY 2025) | -10.0% | Lucknow, Uttar Pradesh, India | |||
| Swagatam Electronics Private Limited | ₹6.43 Cr (FY 2025) | 267.0% | Kolkata, West Bengal, India | |||
| Gemini Coffee Vending India Private Limited | ₹6.42 Cr (FY 2025) | -31.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Remittx Private Limited, buy the company report.
Auditor
Remittx Private Limited is audited by J RAGHAV & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J RAGHAV & ASSOCIATES | FY 2023 | 033139N |
Shareholding
The shareholding of Remittx Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Remittx Private Limited, buy the company report.
Deals & funding
Remittx Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in January 2023.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹2.15 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round · Seed | ₹57.1 Lakh | Investors: LVX (LetsVenture), 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Remittx Private Limited, buy the company report.
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 Remittx 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 Remittx Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Remittx has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR9138H1ZS | Karnataka | Active | 17 Apr 2021 |
| 06AAKCR9138H1Z0 | Haryana | Active | 25 Apr 2022 |
To see the full GST registrations and return filing status of Remittx Private Limited, buy the company report.
Recent activity
Remittx Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Gaurav Kumar Jha ceased to be Director on 31 Mar 2025.
AGM
Remittx Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Remittx Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gaurav Kumar Jha ceased to be Director.
Appointed
Gaurav Kumar Jha was appointed as Director.
Ceased
Karuna Sharma ceased to be Director.
Appointed
Mayank Chawla was appointed as Director.
Appointed
Chetan Bhardwaj was appointed as Director.
Appointed
Karuna Sharma was appointed as Director.
Incorporation
25 Mar 2021
Remittx Private Limited was registered on 25 Mar 2021 with Roc Bangalore & aged 5 years 7 months as per MCA records.
Frequently asked questions
Remittx is an active private limited company based in Bengaluru, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 March 2021 (5+ years old) and is registered under CIN U74110KA2021PTC145832.
Remittx has 2 current directors:
- Chetan Bhardwaj - Director
- Mayank Chawla - Director
The latest financial statements of Remittx 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 Remittx is 29AAKCR9138H1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAKCR9138H1Z0 (Haryana).
The CIN (Corporate Identification Number) of Remittx is U74110KA2021PTC145832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remittx was incorporated on 25 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Remittx has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in January 2023.
The peers of Remittx by revenue are My Milestones Fashion Essentials Private Limited, Reynold Graphics Private Limited, Kailash Health Solutions Private Limited, Anant Glass Emporium Private Limited, Kriesta Opportunities Private Limited and 5 more, all in the same principal business activity (retail trading).
Gaurav Kumar Jha ceased to be Director on 31 Mar 2025. Gaurav Kumar Jha was appointed as Director on 22 Mar 2022. Karuna Sharma ceased to be Director on 30 Sep 2021. Remittx has 6 board changes on record in total.
Yes, Remittx is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0079171).
Remittx can be reached through the website driffle.com. Its registered office is in Bengaluru, Karnataka, India.
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