About Synergybyte Infotainment Private Limited
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Synergybyte Infotainment Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 24 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100HR2015PTC056765. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.38 Lakh. It was formerly known as Career Anna Education Private Limited. It is led by directors including Varun Saxena (Managing Director) and Tanmai Paul (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.07 Cr (net margin -83.4%) and EBITDA of -₹7.06 Cr (EBITDA margin -83.3%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 293% over five years.
The company is associated with 3 brands: BoloIndya app, Career Anna and Bolo Live. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹29.7 Cr; the latest was in November 2022. Its 3 peer companies in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education) are compared by revenue, 1 larger and 2 smaller; the largest is Burly Institute of Global Education & Research Private Limited with revenue of ₹8.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boloindya.com.
Company details
CIN history
Synergybyte Infotainment has one previous CIN (Corporate Identification Number): U80900HR2015PTC056765. The current CIN is U72100HR2015PTC056765, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100HR2015PTC056765 | Current |
| U80900HR2015PTC056765 | Previous |
Contact details
Synergybyte Infotainment Private Limited's registered office is in Gurgaon, Haryana. Its website is boloindya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressWework Platina Tower, Mg Road, Gurgaon, Haryana, India – 122001
- IndustryEducation, Corporate Training & Development
To see the full contact details of Synergybyte Infotainment Private 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
Synergybyte Infotainment operates multiple associated brands including BoloIndya app, Career Anna, and Bolo Live. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It serves as a limited information available. | boloindya.app | |
| Live online soccer streams and related news are provided. | careeranna.com | |
| Provider of online slot games and related digital entertainment | bololive.com |
Business activity
The main business activity of Synergybyte Infotainment is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of Synergybyte Infotainment Private Limited, buy the company report.
Financials of Synergybyte Infotainment Private Limited
FY 2022 filings availableSynergybyte Infotainment Private Limited reported revenue of ₹8.48 Cr (up 168% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 293% over five years, including 168% growth in the latest year. EBITDA fell 114% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹8.48 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹7.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.07 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.3% | ||||
| Net Profit Margin | -83.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Synergybyte Infotainment Private Limited, buy the company report.
Board of directors of Synergybyte Infotainment Private Limited
Synergybyte Infotainment has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Rajan Pansare | Director Appointed In Casual Vacancy | 17 Jul 2020 | 6 Years 3 Months | Current |
| Varun Saxena | Managing Director | 24 Sep 2015 | 11 Years 1 Months | Current |
| Tanmai Paul | Whole-Time Director | 01 Sep 2021 | 5 Years 2 Months | Current |
Peer comparison
Synergybyte Infotainment Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Burly Institute of Global Education & Research Private Limited | ₹8.54 Cr (FY 2024) | 8.0% | Ahmedabad, Gujarat, India | |||
| Synergybyte Infotainment Private Limitedthis company | ₹8.48 Cr (FY 2022) | -₹7.07 Cr | -83.4% | 168.0% | Gurgaon, Haryana, India | |
| Nicg Combines Private Limited | ₹8.45 Cr (FY 2018) | 32.0% | Indore, Madhya Pradesh, India | |||
| Educatup Learning Private Limited | ₹8.44 Cr (FY 2025) | 81.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Synergybyte Infotainment Private Limited, buy the company report.
Auditor
Synergybyte Infotainment Private Limited is audited by Neha Chandra & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Neha Chandra & Associates | FY 2022 | 038194N |
Shareholding
The shareholding of Synergybyte Infotainment Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synergybyte Infotainment Private Limited, buy the company report.
Deals & funding
Synergybyte Infotainment Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹29.7 Cr; the latest was in November 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹1.11 Cr | Investors: The Bruce Isackson Irrevocable Trust, 3 individuals |
| Jul 2021 | Funding round | ₹18.79 Cr | Investors: Orios Venture Partners, SOSV, Imcilected Ventures LLP |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Funding round | ₹2.57 Cr | Investors: Brucc Isackson lrrcvocable Trust, Genesis IT Innovations Private Limited , 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Synergybyte Infotainment 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
Synergybyte Infotainment Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Digirovers Solutions Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bauenad Interactive Pvt. TD | Pending |
| District court, Fazilka, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Bauenad Interactive Pvt. TD | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Synergybyte Infotainment Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synergybyte Infotainment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Synergybyte Infotainment has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Synergybyte Infotainment Private Limited, buy the company report.
Recent activity
Synergybyte Infotainment Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Tanmai Paul ceased to be Director on 14 Oct 2022.
News
Frequently asked questions
Synergybyte Infotainment is an active private limited company based in Gurgaon, Haryana, India. The company works in corporate training and development, within the education industry. It was incorporated on 24 September 2015 (11+ years old) and is registered under CIN U72100HR2015PTC056765.
Synergybyte Infotainment has 3 current directors:
- Varun Saxena - Managing Director
- Tanmai Paul - Whole-Time Director
- Prashant Rajan Pansare - Director Appointed In Casual Vacancy
The latest financial statements of Synergybyte Infotainment on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
No. Synergybyte Infotainment has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Synergybyte Infotainment is U72100HR2015PTC056765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synergybyte Infotainment has 5 court cases on record: 5 filed against it. 1 is pending.
Synergybyte Infotainment was incorporated on 24 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Synergybyte Infotainment has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹29.7 Cr; the latest was in November 2022.
The peers of Synergybyte Infotainment by revenue are Burly Institute of Global Education & Research Private Limited, Nicg Combines Private Limited, Educatup Learning Private Limited, all in the Education industry (Corporate and Commercial Training), with the same principal business activity (higher education, technical & vocational education).
Tanmai Paul ceased to be Director on 14 Oct 2022. Varun Saxena ceased to be Director on 14 Oct 2022. Nikhil Saxena ceased to be Director on 15 Nov 2021. Synergybyte Infotainment has 8 board changes on record in total.
Synergybyte Infotainment can be reached through the website boloindya.com. Its registered office is in Gurgaon, Haryana, India.
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