MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0077115
Transasia Ventures Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.19 Cr
▼ 20% YoY
Net loss · FY 2023
₹94.88 Lakh
Net margin -43.3%
EBITDA · FY 2023
-₹2.23 Cr
EBITDA margin -101.6%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.72 Cr
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Transasia Ventures Private Limited
Data last updated:
Transasia Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Youfirst Ventures Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 13 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2012PTC234403. Its GSTIN is 27AAECT3626J1Z6 (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.72 Cr. It was formerly known as Transasia Composite Insurance Brokers Private Limited. It is led by directors Dhruv Ranjan Verma and Mithlesh Verma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 603 6th Floor Rustomjee Central Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.19 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹94.88 Lakh (net margin -43.3%) and EBITDA of -₹2.23 Cr (EBITDA margin -101.6%). Revenue has grown at a compounded annual rate (CAGR) of 291% over three years and 115% over five years.
The company is associated with 1 brand: UCare. The company has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.79 Cr; the latest was in May 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
Transasia Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0077115). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ucare.co.in.
Company details
CIN U67190MH2012PTC234403
Registration Number 234403
Incorporation Date 13 August 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Youfirst Ventures Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0077115
Recognitions & Rankings of Transasia Ventures
Contact details
Transasia Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is ucare.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB Wing – 603 6th Floor Rustomjee Central Park, Andheri Kurla Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Financial Services, Online Healthcare Services
To see the full contact details of Transasia Ventures Private Limited, buy the company report.
Comprehensive company report
Transasia Ventures 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
Transasia Ventures operates one associated brand: UCare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for employee healthcare management is provided. | ucare.co.in |
Financials of Transasia Ventures Private Limited
FY 2024 filings availableTransasia Ventures Private Limited reported revenue of ₹2.19 Cr (down 20% YoY) for FY 2023.
Revenue · FY 2023
₹2.19 Cr ▼ 20%
Net loss · FY 2023
₹94.88 Lakh margin -43.3%
EBITDA · FY 2023
-₹2.23 Cr margin -101.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 291%
5 years · compounded
▲ 115%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 115%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.19 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.6% | ||||
| Net Profit Margin | -43.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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To see the full financial statements and ratios of Transasia Ventures Private Limited, buy the company report.
Board of directors of Transasia Ventures Private Limited
Transasia Ventures has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithlesh Verma Also directs: Thriwe Consulting Private Limited, Thriwe Glocal Private Limited | Additional Director | 11 Mar 2025 | 1 Years 7 Months | Current |
| Dhruv Ranjan Verma Also directs: Thriwe Consulting Private Limited, Thriwe Glocal Private Limited, Adrag Sports LLP and 3 more | Director | 19 May 2023 | 3 Years 5 Months | Current |
Auditor
Transasia Ventures Private Limited is audited by Mehta Singhvi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta Singhvi & Associates | FY 2023 | 122217W |
Shareholding
The shareholding of Transasia Ventures Private 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 Transasia Ventures Private Limited, buy the company report.
Deals & funding
Transasia Ventures Private Limited has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.79 Cr; the latest was in May 2023.
Total deals
9
Rights issues
3
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹3.79 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Acquisition | Undisclosed | Buyer: Thriwe Consulting Private Limited |
| Oct 2021 | Funding round | ₹3 Cr | Investors: Alder Capital Advisors LLP , Secure Debt Management Consultants LLP , 2 individuals |
| May 2020 | Rights issue | ₹8 Lakh | Investors: Youfirst Ventures Private Limited |
| Feb 2019 | Rights issue | ₹76 Lakh | Investors: Youfirst Ventures Private Limited Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Youfirst Ventures Private Limited Seller: an individual |
To see the full deal history of Transasia Ventures 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 Transasia Ventures 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
Transasia Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Finteglaw Knowledge Solutions Private Limited | |||
| Twenty Four Otr Private Limited |
To see the full MSME payment records of Transasia Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Transasia Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT3626J1Z6 | Maharashtra | Active | 19 Sep 2017 |
To see the full GST registrations and return filing status of Transasia Ventures Private Limited, buy the company report.
Recent activity
Transasia Ventures Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Mithlesh Verma was appointed as Additional Director on 11 Mar 2025.
Appointed
Mithlesh Verma was appointed as Additional Director.
AGM
Transasia Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Transasia Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Dhruv Ranjan Verma ceased to be Additional Director.
Ceased
Swati Sharma ceased to be Additional Director.
Appointed
Dhruv Ranjan Verma was appointed as Director.
Ceased
Sanjiv Indar Shah ceased to be Additional Director.
Ceased
Vikrant Kishore Gugnani ceased to be Additional Director.
Ceased
Roopali Gugnani ceased to be Additional Director.
Ceased
Caroline Ghosh ceased to be Additional Director.
Ceased
Milind Keshav Joshi ceased to be Additional Director.
Ceased
Vijay Ramchandra Pawar ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Transasia Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 13 August 2012 (14+ years old) and is registered under CIN U67190MH2012PTC234403.
Transasia Ventures has 2 current directors:
- Mithlesh Verma - Additional Director
- Dhruv Ranjan Verma - Director
The latest financial statements of Transasia Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Transasia Ventures is 27AAECT3626J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Transasia Ventures is U67190MH2012PTC234403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transasia Ventures was incorporated on 13 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Transasia Ventures has 9 deals on record (3 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.79 Cr; the latest was in May 2023.
Mithlesh Verma was appointed as Additional Director on 11 Mar 2025. Dhruv Ranjan Verma ceased to be Additional Director on 29 Sep 2023. Swati Sharma ceased to be Additional Director on 29 Sep 2023. Transasia Ventures has 10 board changes on record in total.
Yes, Transasia Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0077115).
Transasia Ventures has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.
Transasia Ventures can be reached through the website ucare.co.in. Its registered office is in Mumbai, Maharashtra, India.