About Rhytify Technologies Private Limited
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Rhytify Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC113037. Its GSTIN is 29AAICR9454Q1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vankataramanaiah Madhusudhana and Mahesha Bangalore Ramalinga Pandit.
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 243/1 Indira 34th A Cross 6th Main 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹12,450, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹66,403 and EBITDA of -₹24,207 (EBITDA margin -194.4%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 61% over five years.
For more details, the company can be reached via its website rhytify.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address243/1 Indira 34th A Cross 6th Main 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Rhytify Technologies Private Limited
The main business activity of Rhytify Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rhytify Technologies Private Limited FY 2025 filings available
Rhytify Technologies Private Limited reported revenue of ₹12,450 (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rhytify Technologies Private Limited
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 79% 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 Rhytify Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹24,207 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66,403 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rhytify Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -194.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Rhytify Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rhytify Technologies Private Limited
Rhytify Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kinsley Solar Infra Private Limited | ₹12,500 (FY 2022) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Govind Ad-Mak Private Limited | ₹12,500 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Bhandari Nirman Private Limited | ₹12,500 (FY 2025) | •••• | •••• | 400.0% | •••• | Kolkata, West Bengal, India |
| Anante Controls India Private Limited | ₹12,500 (FY 2025) | •••• | •••• | •••• | Ahmednagar, Maharashtra, India | |
| S S Business Consulting Services Private Limited | ₹12,488 (FY 2025) | •••• | •••• | -88.0% | •••• | Delhi, India |
| Rhytify Technologies Private Limited this company | ₹12,450 (FY 2024) | •••• | •••• | 27.0% | •••• | Bangalore, Karnataka, India |
| Ambrose Technologies Private Limited | ₹12,410 (FY 2016) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Phenogen Solutions Private Limited | ₹12,400 (FY 2025) | •••• | •••• | -99.0% | •••• | Chennai, Tamil Nadu, India |
| Full O Dreamz Entertainment & Hospitality Private Limited | ₹12,350 (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Harshitech Technologies Private Limited | ₹12,320 (FY 2022) | •••• | •••• | •••• | Gondia, Maharashtra, India | |
| Artistclan Design Studio Private Limited | ₹12,316 (FY 2025) | •••• | •••• | -95.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Rhytify Technologies by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Rhytify Technologies Private Limited
Rhytify Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vankataramanaiah Madhusudhana | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Mahesha Bangalore Ramalinga Pandit | Director | 11 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Rhytify Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rhytify Technologies Private Limited
Rhytify Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rhytify Technologies Private Limited
Employment history and EPFO contributions of people linked to Rhytify Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rhytify Technologies Private Limited
Rhytify Technologies Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Vankataramanaiah Madhusudhana ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Rhytify Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rhytify Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rhytify Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rhytify Technologies Private Limited
Rhytify Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR9454Q1Z8 | Karnataka | Active | 05 Jul 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rhytify Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rhytify Technologies Private Limited
Rhytify Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2018 (8+ years old) and is registered under CIN U72900KA2018PTC113037.
Rhytify Technologies reported revenue of ₹12,450 for FY 2024 (up 27% YoY).
Rhytify Technologies has 2 current directors:
- Vankataramanaiah Madhusudhana - Director
- Mahesha Bangalore Ramalinga Pandit - Director
Rhytify Technologies reported a net loss of ₹66,403 and EBITDA of -₹24,207 (EBITDA margin -194.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rhytify Technologies is -76% over three years and -61% over five years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rhytify Technologies is 29AAICR9454Q1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Rhytify Technologies is U72900KA2018PTC113037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rhytify Technologies was incorporated on 11 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rhytify Technologies by revenue are Kinsley Solar Infra Private Limited, Govind Ad-Mak Private Limited, Bhandari Nirman Private Limited, Anante Controls India Private Limited, S S Business Consulting Services Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Vankataramanaiah Madhusudhana ceased to be Additional Director on 30 Sep 2022. Vankataramanaiah Madhusudhana was appointed as Director on 24 Mar 2022. Anitha Anand ceased to be Additional Director on 30 Sep 2019. Rhytify Technologies has 5 board changes on record in total.
Yes, Rhytify Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).