About Shopsense Retail Technologies Limited
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Shopsense Retail Technologies Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2012PLC236314. Its GSTIN is 27AALCA0442L1ZM (Maharashtra). The company holds 40 GST registrations, of which 39 are active.
The company has an authorised share capital of ₹2.97 Cr and a paid-up capital of ₹1.82 Cr. It was formerly known as Shopsense Retail Technologies Private Limited and Addsale Retail Technologies Private Limited. It is led by directors including Sreeraman Mohan Girija (Whole-Time Director) and Farooq Adam Mukadam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹200.24 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹26.8 Cr (net margin -13.4%) and EBITDA of -₹4.77 Cr (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 98% over five years.
The company has about 851 employees on its provident fund (EPFO) records.
The company is associated with 11 brands, including LYF, Shrink media, SwapEasy, Uniket, Boltic and others. The company has 16 deals on record (10 funding rounds, 4 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹677.65 Cr; the latest was in March 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fynd.com.
Company details
Name history
Shopsense Retail Technologies has undergone 2 name changes throughout its history. The company was previously known as Shopsense Retail Technologies Private Limited, and Addsale Retail Technologies Private Limited. The current legal name is Shopsense Retail Technologies Limited.
| Company Name | Status |
|---|---|
| Shopsense Retail Technologies Limited | Current |
| Shopsense Retail Technologies Private Limited | Previous |
| Addsale Retail Technologies Private Limited | Previous |
CIN history
Shopsense Retail Technologies has one previous CIN (Corporate Identification Number): U52100MH2012PTC236314. The current CIN is U52100MH2012PLC236314, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2012PLC236314 | Current |
| U52100MH2012PTC236314 | Previous |
Contact details
Shopsense Retail Technologies Limited's registered office is in Mumbai, Maharashtra. Its website is fynd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor Wework Vijay Diamond Opp. Sbi Branch Cross Road B Ajit Nagar Kondivita And, Heri East, Mumbai, Maharashtra, India – 400093
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Shopsense Retail Technologies 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
Shopsense Retail Technologies operates multiple associated brands including LYF, Shrink media, and SwapEasy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software, cloud, and IT support for business challenges since 2010. | mylyf.com | |
| Offers free tools for compressing and resizing images online efficiently. | shrink.media | |
| Platform for managing used product exchanges and connecting buyers. | swapeasy.co.in | |
| Online B2B wholesale app for retailers with branded footwear and clothing. | uniket.store | |
| Boltic provides tools for data automation, workflow management, and app integration. | boltic.io | |
| Offers AI solutions for image transformation, optimization, and asset management. | pixelbin.io | |
| AI platform for removing image backgrounds, editing, and enhancing photos online. | erase.bg | |
| Online retailer specializing in streetwear, athleisure, and sustainable clothing for youth. | gofynd.com | |
| Provides online tech education courses in coding and AI for skill building. | fynd.academy | |
| Platform powering online and in-store retail operations using AI-driven tools | fynd.com | |
| Buy-now-pay-later loans are offered to consumers through an online marketplace. | potlee.co.in |
Business activity
The main business activity of Shopsense Retail Technologies 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 | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Shopsense Retail Technologies Limited, buy the company report.
Financials of Shopsense Retail Technologies Limited
FY 2025 filings availableShopsense Retail Technologies Limited reported revenue of ₹200.24 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 70% growth in the latest year. EBITDA fell 123% 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 | -₹4.77 Cr | ||||
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| Net Profit (PAT) | -₹26.8 Cr | ||||
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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 | -2.4% | ||||
| Net Profit Margin | -13.4% | ||||
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To see the full financial statements and ratios of Shopsense Retail Technologies Limited, buy the company report.
Board of directors of Shopsense Retail Technologies Limited
Shopsense Retail Technologies has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreeraman Mohan Girija Also directs: Atikus Holdings Private Limited | Whole-Time Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Ashwin Ahamendra Khasgiwala | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Shiv Kumar Bhardwaj Also directs: Sintex Industries Limited, Actoserba Active Wholesale Limited, Purple Panda Fashions Limited and 5 more | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
| Krishnan Sudarshan | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
| Kiran Mathew Thomas Also directs: Reverie Language Technologies Limited, Addverb Technologies Limited, Reliance Intelligence Limited and 5 more | Director | 18 Apr 2022 | 4 Years 6 Months | Current |
| Harsh Deepak Shah Also directs: Selsom Technologies Private Limited, Get Hify Club Private Limited | Director | 27 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Shopsense Retail Technologies Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2023 | 101720W/W100355 |
Shareholding
The shareholding of Shopsense Retail Technologies 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shopsense Retail Technologies Limited, buy the company report.
Deals & funding
Shopsense Retail Technologies Limited has 16 deals on record (10 funding rounds, 4 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹677.65 Cr; the latest was in March 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Acquisition | ₹365.24 Cr | Buyer: Reliance Retail Ventures Limited Seller: Reliance Industrial Investments and Holdings Limited |
| Jun 2020 | Funding round | ₹20 Cr | Investors: Reliance Industrial Investments and Holdings Limited |
| Sep 2019 | Funding round · Series D | ₹50 Cr | Investors: Reliance Industrial Investments and Holdings Limited |
| Mar 2018 | Funding round · Series C | ₹59.45 Cr | Investors: Google International LLC, Kae Capital Management, growX ventures |
| Nov 2016 | Funding round · Series B | ₹11.04 Cr | Investors: Rocketship VC, Axis Capital Partners, FGI Investment Limited |
To see the full deal history of Shopsense Retail Technologies 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 Shopsense Retail Technologies 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
Shopsense Retail Technologies Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tristar Management Services Private Limited |
To see the full MSME payment records of Shopsense Retail Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shopsense Retail Technologies Limited has a workforce of 851 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Shopsense Retail Technologies has 40 GST registrations: 39 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCA0442L1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AALCA0442L1CX | Maharashtra | Active | 27 Sep 2018 |
| 08AALCA0442L1CX | Rajasthan | Active | 16 Nov 2018 |
| 15AALCA0442L1C2 | Mizoram | Active | 16 Nov 2018 |
To see the full GST registrations and return filing status of Shopsense Retail Technologies Limited, buy the company report.
Recent activity
Shopsense Retail Technologies Limited has 19 board changes on record since 2012: 14 appointments and 5 cessations. The latest: Radhika Rohidas Disale was appointed as Director on 28 Jun 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Shopsense Retail Technologies is an active public limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 September 2012 (14+ years old) and is registered under CIN U52100MH2012PLC236314.
Shopsense Retail Technologies has 9 current directors:
- Sreeraman Mohan Girija - Whole-Time Director
- Farooq Adam Mukadam - Whole-Time Director
- Ashwin Ahamendra Khasgiwala - Director
- Shiv Kumar Bhardwaj - Director
- Krishnan Sudarshan - Director
- Kiran Mathew Thomas - Director
- Harsh Deepak Shah - Director
- Anish Keshavlal Shah - Director
- Radhika Rohidas Disale - Director
The latest financial statements of Shopsense Retail Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shopsense Retail Technologies is 27AALCA0442L1ZM, registered in Maharashtra. The company has 40 GST registrations in all, of which 39 are active and 1 is cancelled or inactive. Other active GSTINs include 27AALCA0442L1CX (Maharashtra), 08AALCA0442L1CX (Rajasthan), 15AALCA0442L1C2 (Mizoram).
The CIN (Corporate Identification Number) of Shopsense Retail Technologies is U52100MH2012PLC236314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shopsense Retail Technologies was incorporated on 27 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Shopsense Retail Technologies has 16 deals on record (10 funding rounds, 4 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹677.65 Cr; the latest was in March 2024.
Radhika Rohidas Disale was appointed as Director on 28 Jun 2023. Krishnan Sudarshan was appointed as Director on 30 Jun 2022. Shiv Kumar Bhardwaj was appointed as Director on 30 Jun 2022. Shopsense Retail Technologies has 19 board changes on record in total.
Shopsense Retail Technologies has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Shopsense Retail Technologies can be reached through the website fynd.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shopsense Retail Technologies is at 1st Floor Wework Vijay Diamond Opp. Sbi Branch Cross Road B Ajit Nagar Kondivita And, Heri East, Mumbai, Maharashtra, India – 400093.
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