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Spense Reliable Fintech Solutions Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹2.71 Cr
▲ 256% YoY
Net profit · FY 2025
₹53.94 Lakh
Net margin 19.9%
EBITDA · FY 2025
₹1.47 Lakh
EBITDA margin 0.5%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹1.29 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
9
Provident fund records
Directors on board
3
As per MCA filings
About Spense Reliable Fintech Solutions Private Limited
Data last updated:
Spense Reliable Fintech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC163228.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.29 Lakh. It is led by directors including Pawan Kumar and Pratekk Agarwaal.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.B1102 Aahika Appt Ranka Colony Road Bilekahalli, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53.94 Lakh (net margin 19.9%) and EBITDA of ₹1.47 Lakh (EBITDA margin 0.5%).
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spense. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.32 Cr; the latest was in July 2026.
Spense Reliable Fintech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0176470). For more details, the company can be reached via its website spense.money.
Company details
CIN U72900KA2022PTC163228
Registration Number 163228
Incorporation Date 30 June 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0176470
Key People
Pratekk Agarwaal Nominee Director Pawan Kumar Director Krishnamoorthy Srinivas Additional Director Recognitions & Rankings of Spense Reliable Fintech Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0176470
Contact details
Spense Reliable Fintech Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressFlat No.B1102 Aahika Appt Ranka Colony Road Bilekahalli, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Spense Reliable Fintech Solutions 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
Spense Reliable Fintech Solutions operates one associated brand: Spense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fintech infrastructure and APIs are provided for rapid application development. | spense.money |
Business activity
The main business activity of Spense Reliable Fintech Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Spense Reliable Fintech Solutions Private Limited, buy the company report.
Financials of Spense Reliable Fintech Solutions Private Limited
FY 2025 filings availableSpense Reliable Fintech Solutions Private Limited reported revenue of ₹2.71 Cr (up 256% YoY) for FY 2025.
Revenue · FY 2025
₹2.71 Cr ▲ 256%
Net profit · FY 2025
₹53.94 Lakh margin 19.9%
EBITDA · FY 2025
₹1.47 Lakh margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 256%
EBITDA CAGR growth
1 year
▲ 101%
Revenue rose 256% in the latest year. EBITDA rose 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
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| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.47 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹53.94 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.5% | ||
| Net Profit Margin | 19.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Spense Reliable Fintech Solutions Private Limited, buy the company report.
Board of directors of Spense Reliable Fintech Solutions Private Limited
Spense Reliable Fintech Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratekk Agarwaal | Nominee Director | 30 May 2025 | 1 Years 5 Months | Current |
| Pawan Kumar Also directs: Wizard Restaurants Private Limited | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
| Krishnamoorthy Srinivas | Additional Director | 24 Apr 2025 | 1 Years 6 Months | Current |
Deals & funding
Spense Reliable Fintech Solutions Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.32 Cr; the latest was in July 2026.
Total deals
2
Funding rounds
2
Disclosed funding
₹42.32 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Funding round · Seed | ₹26.52 Cr | Investors: Arkam Ventures, Razorpay Ventures, GrowthCap Ventures |
| Jun 2025 | Funding round · Pre-seed | ₹15.8 Cr | Investors: GrowthCap Ventures, 3 individuals |
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 Spense Reliable Fintech Solutions 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 Spense Reliable Fintech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Spense Reliable Fintech Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spense Reliable Fintech Solutions Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Pratekk Agarwaal was appointed as Nominee Director on 30 May 2025.
AGM
Spense Reliable Fintech Solutions Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Appointed
Pratekk Agarwaal was appointed as Nominee Director.
Appointed
Krishnamoorthy Srinivas was appointed as Additional Director.
Ceased
Mohammed Iqbal ceased to be Director.
Filing
Spense Reliable Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Pawan Kumar was appointed as Director.
Incorporation
30 Jun 2022
Spense Reliable Fintech Solutions Private Limited was registered on 30 Jun 2022 with Roc Bangalore & aged 4 years 4 months as per MCA records.
Frequently asked questions
Spense Reliable Fintech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 June 2022 (4+ years old) and is registered under CIN U72900KA2022PTC163228.
Spense Reliable Fintech Solutions has 3 current directors:
- Pratekk Agarwaal - Nominee Director
- Pawan Kumar - Director
- Krishnamoorthy Srinivas - Additional Director
The latest financial statements of Spense Reliable Fintech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Spense Reliable Fintech Solutions is U72900KA2022PTC163228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spense Reliable Fintech Solutions was incorporated on 30 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Spense Reliable Fintech Solutions has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.32 Cr; the latest was in July 2026.
Pratekk Agarwaal was appointed as Nominee Director on 30 May 2025. Krishnamoorthy Srinivas was appointed as Additional Director on 24 Apr 2025. Mohammed Iqbal ceased to be Director on 24 Apr 2025. Spense Reliable Fintech Solutions has 4 board changes on record in total.
Yes, Spense Reliable Fintech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Spense Reliable Fintech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0176470).
Spense Reliable Fintech Solutions can be reached through the website spense.money. Its registered office is in Bangalore, Karnataka, India.
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