Rightbrain Technologies Private Limited
About Rightbrain Technologies Private Limited
Data last updated:
Rightbrain Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. 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), Bangalore, under CIN U72200KA2012PTC065115. Its GSTIN is 29AAGCR1370R1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.97 Lakh. It is led by directors Nirmal Sayabchand Mehtha and Satyanarayana Murthy Yenamandra.
Its last annual general meeting (AGM) was held on 08 January 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.54 Cr (net margin -9.5%) and EBITDA of -₹1.99 Cr (EBITDA margin -7.5%). Revenue has grown at a compounded annual rate (CAGR) of 390% over three years.
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kooriee. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending. The company has 5 deals on record (4 rights issues, 1 acquisition); the latest was in February 2019. Its 10 peer companies in the Outsourcing industry (Application Development, Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Vtag Consulting Private Limited with revenue of ₹26.74 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressKorkaya Business Synergy Center, No. 51 Old Site Nio. 51 5th Floor 5th Main 5th Block, 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 Rightbrain Technologies Private Limited
The main business activity of Rightbrain Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Rightbrain Technologies Private Limited FY 2019 filings available
Rightbrain Technologies Private Limited reported revenue of ₹26.59 Cr (up 167% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Rightbrain Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 390% over three years, including 167% growth in the latest year. EBITDA rose 40% 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 Rightbrain Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.59 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.54 Cr | •••• | •••• | •••• | •••• |
| 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 Rightbrain Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.5% | •••• | •••• | •••• | •••• |
| 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 Rightbrain Technologies are in the company report.
Financial statements from 2015
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 Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Application Development, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vtag Consulting Private Limited | ₹26.74 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | Hebbal, Karnataka, India |
| Khazanah India Advisors Private Limited | ₹26.72 Cr (FY 2021) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Symphony Fintech Solutions Private Limited | ₹26.64 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Incredible Management Services Private Limited | ₹26.62 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Rajsonia Consultancy Services Private Limited | ₹26.62 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Rightbrain Technologies Private Limited this company | ₹26.59 Cr (FY 2019) | •••• | •••• | 167.0% | •••• | Bangalore, Karnataka, India |
| 3K Softech Private Limited | ₹26.55 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Hyderabad, Telangana, India |
| Timely Financial Consultants Private Limited | ₹26.52 Cr (FY 2025) | •••• | •••• | 507.0% | •••• | Kolkata, West Bengal, India |
| Belzabar Software Design (India) Private Limited | ₹26.46 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Stixis Technologies Private Limited | ₹26.46 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Bangalore, Karnataka, India |
| FP Automation Private Limited | ₹26.46 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Rightbrain Technologies by revenue in the Outsourcing industry (Application Development, Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited is audited by YASHWANTH PESALA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| YASHWANTH PESALA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rightbrain Technologies Private Limited
Rightbrain Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Murthy Yenamandra Also directs: Kogan Search and Services Private Limited | Additional Director | 09 Jun 2023 | 3 Years 4 Months | Current |
| Nirmal Sayabchand Mehtha | Director | 24 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Rightbrain 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 Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited has 5 deals on record (4 rights issues, 1 acquisition); the latest was in February 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Rights issue | ₹1 Cr | Investors: an individual |
| Mar 2018 | Rights issue | ₹1.4 Cr | Investors: 3 individuals |
| Mar 2017 | Rights issue | ₹1.88 Cr | Investors: Quantum Leap Learning Solutions Private Limited , Success Gyan India |
| Mar 2016 | Rights issue | ₹1.29 Cr | Investors: 4 individuals |
| Oct 2015 | Acquisition | ₹1.1 Lakh | Buyer: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited has 3 court cases on record: 2 filed by Rightbrain Technologies, 1 filed against it. All cases are pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Instakart Services Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Rightbrain Technologies Private Limited
Rightbrain Technologies operates one associated brand: Kooriee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers same-day local delivery services for small-sized items. | kooriee.com |
Employees and EPFO Compliance at Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited has a workforce of 120 employees as of Mar 28, 2024.
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 Rightbrain Technologies Private Limited
Rightbrain Technologies Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Dilip Jain ceased to be Director on 10 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Rightbrain 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 Rightbrain 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 Rightbrain 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 Rightbrain Technologies Private Limited
Rightbrain Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCR1370R1ZP | Karnataka | Active | 01 Jul 2017 |
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 Rightbrain 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 Rightbrain Technologies Private Limited
Rightbrain 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 01 August 2012 (14+ years old) and is registered under CIN U72200KA2012PTC065115.
Rightbrain Technologies reported revenue of ₹26.59 Cr for FY 2019 (up 167% YoY).
Rightbrain Technologies has 2 current directors:
- Satyanarayana Murthy Yenamandra - Additional Director
- Nirmal Sayabchand Mehtha - Director
Rightbrain Technologies reported a net loss of ₹2.54 Cr (net margin -9.5%) and EBITDA of -₹1.99 Cr (EBITDA margin -7.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rightbrain Technologies is 390% over three years. In the latest year (FY 2019) revenue rose 167%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rightbrain Technologies is 29AAGCR1370R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Rightbrain Technologies is U72200KA2012PTC065115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightbrain Technologies has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Rightbrain Technologies was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Rightbrain Technologies has 5 deals on record (4 rights issues, 1 acquisition); the latest was in February 2019.
The peers of Rightbrain Technologies by revenue are Vtag Consulting Private Limited, Khazanah India Advisors Private Limited, Symphony Fintech Solutions Private Limited, Incredible Management Services Private Limited, Rajsonia Consultancy Services Private Limited and 5 more, all in the Outsourcing industry (Application Development, Consulting Services).