DPIIT recognised startup Government of India
Startup India
Starya Mobility Private Limited - automotive in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.71 Cr
▲ 68% YoY
Net loss · FY 2025
₹4.4 Cr
Net margin -118.6%
EBITDA · FY 2025
-₹3.74 Cr
EBITDA margin -100.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.93 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
16
Provident fund records
Directors on board
5
As per MCA filings
About Starya Mobility Private Limited
Data last updated:
Starya Mobility Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 17 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2018PTC114830. Its GSTIN is 29ABACS5928H1Z1 (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.93 Lakh. It is led by directors including Jagannath Ravi Kumar (Managing Director) and Lakshmegowda Gowrav (Managing Director).
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.3/12 9th Floor Tower Block Unity Building 3rd Cross Csi Compound Mission Road, Bengaluru, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.71 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹4.4 Cr (net margin -118.6%) and EBITDA of -₹3.74 Cr (EBITDA margin -100.9%). Revenue has grown at a compounded annual rate (CAGR) of 374% over three years and 192% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Starya. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.73 Cr; the latest was in July 2023. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Exerval Private Limited with revenue of ₹3.78 Cr.
Starya Mobility Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049029). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starya.in.
Company details
CIN U31909KA2018PTC114830
Registration Number 114830
Incorporation Date 17 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0049029
Key People
Jagannath Ravi Kumar Managing Director Lakshmegowda Gowrav Managing Director Prashanth Devendra Director Recognitions & Rankings of Starya Mobility
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0049029
Contact details
Starya Mobility Private Limited's registered office is in Bengaluru, Karnataka. Its website is starya.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.3/12 9th Floor Tower Block Unity Building 3rd Cross Csi Compound Mission Road, Bengaluru, Karnataka, India – 560027
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Starya Mobility Private Limited, buy the company report.
Comprehensive company report
Starya Mobility 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Starya Mobility is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Starya Mobility Private Limited, buy the company report.
Financials of Starya Mobility Private Limited
FY 2024 filings availableStarya Mobility Private Limited reported revenue of ₹3.71 Cr (up 68% YoY) for FY 2025.
Revenue · FY 2025
₹3.71 Cr ▲ 68%
Net loss · FY 2025
₹4.4 Cr margin -118.6%
EBITDA · FY 2025
-₹3.74 Cr margin -100.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 374%
5 years · compounded
▲ 192%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 379%
5 years · compounded
▼ 213%
Revenue has grown at a compounded annual rate (CAGR) of 192% over five years, including 68% growth in the latest year. EBITDA fell 41% 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 |
|---|---|---|---|---|---|
| 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 | -₹3.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.4 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -100.9% | ||||
| Net Profit Margin | -118.6% | ||||
| 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 Starya Mobility Private Limited, buy the company report.
Board of directors of Starya Mobility Private Limited
Starya Mobility has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Devendra Also directs: Exedy Clutch India Private Limited | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Kazunori Kusamizu Also directs: Exedy India Limited, Exedy Clutch India Private Limited | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Jagannath Ravi Kumar | Managing Director | 17 Jul 2018 | 8 Years 3 Months | Current |
| Bharath Kanthanahllisheshagiri Rao Also directs: Earthwall Nest Private Limited | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
| Lakshmegowda Gowrav | Managing Director | 17 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Starya Mobility Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exerval Private Limited | ₹3.78 Cr (FY 2024) | 10.0% | Khed, Maharashtra, India | |||
| Starya Mobility Private Limitedthis company | ₹3.71 Cr (FY 2025) | -₹4.4 Cr | -118.6% | 68.0% | 16 | Bengaluru, Karnataka, India |
| Evigo Charge Private Limited | ₹3.69 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Accelero Vehicles India Private Limited | ₹3.63 Cr (FY 2025) | 104.0% | New Delhi, Delhi, India |
To see the full peer comparison of Starya Mobility Private Limited, buy the company report.
Auditor
Starya Mobility Private Limited is audited by R S T &CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S T &CO | FY 2023 | 013239S |
Shareholding
The shareholding of Starya Mobility Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Starya Mobility Private Limited, buy the company report.
Deals & funding
Starya Mobility Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.73 Cr; the latest was in July 2023.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹19.73 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round · Pre-Series A | ₹16 Cr | Investors: Exedy Clutch India Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: ah! Ventures Seller: 4 individuals |
| Jun 2021 | Funding round · Seed | ₹2.11 Cr | Investors: 4 individuals |
To see the full deal history of Starya Mobility 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 Starya Mobility 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 Starya Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Starya Mobility Private Limited has a workforce of 16 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
6.67%
GST
Starya Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS5928H1Z1 | Karnataka | Active | 06 Jul 2021 |
To see the full GST registrations and return filing status of Starya Mobility Private Limited, buy the company report.
Recent activity
Starya Mobility Private Limited has 11 board changes on record since 2018: 5 appointments and 6 cessations. The latest: Kazunori Kusamizu ceased to be Additional Director on 21 Sep 2023.
AGM
Starya Mobility Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Starya Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Kazunori Kusamizu ceased to be Additional Director.
Ceased
Prashanth Devendra ceased to be Additional Director.
Ceased
Gopinath Govindaraj ceased to be Nominee Director.
Appointed
Kazunori Kusamizu was appointed as Director.
Appointed
Prashanth Devendra was appointed as Director.
Ceased
Antharikshanagar Bellappa Sachin Anchan ceased to be Director.
Ceased
Nagesh Mallikarjuna ceased to be Director.
Ceased
Bharath Kanthanahllisheshagiri Rao ceased to be Additional Director.
Appointed
Bharath Kanthanahllisheshagiri Rao was appointed as Director.
Appointed
Jagannath Ravi Kumar was appointed as Managing Director.
2 earlier events are in the company report.
Frequently asked questions
Starya Mobility is an active private limited company based in Bengaluru, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 17 July 2018 (8+ years old) and is registered under CIN U31909KA2018PTC114830.
Starya Mobility has 5 current directors:
- Jagannath Ravi Kumar - Managing Director
- Lakshmegowda Gowrav - Managing Director
- Prashanth Devendra - Director
- Kazunori Kusamizu - Director
- Bharath Kanthanahllisheshagiri Rao - Director
The latest financial statements of Starya Mobility on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Starya Mobility is 29ABACS5928H1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Starya Mobility is U31909KA2018PTC114830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Starya Mobility was incorporated on 17 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Starya Mobility has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹19.73 Cr; the latest was in July 2023.
The peers of Starya Mobility by revenue are Exerval Private Limited, Evigo Charge Private Limited, Accelero Vehicles India Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kazunori Kusamizu ceased to be Additional Director on 21 Sep 2023. Prashanth Devendra ceased to be Additional Director on 21 Sep 2023. Gopinath Govindaraj ceased to be Nominee Director on 21 Aug 2023. Starya Mobility has 11 board changes on record in total.
Yes, Starya Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Starya Mobility is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0049029).