Upsourced Technologies Private Limited
About Upsourced Technologies Private Limited
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Upsourced Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC155518. Its GSTIN is 29AACCU9907F1Z0 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Singh and Abhishek Sonthalia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #759 8th Main Road Sree Gururary Mansion 3rd Floor 2nd Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.12 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹98,658 (net margin -8.9%) and EBITDA of -₹96,238 (EBITDA margin -8.7%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years.
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- Registered Address#759 8th Main Road Sree Gururary Mansion 3rd Floor 2nd Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Upsourced Technologies Private Limited
The main business activity of Upsourced Technologies is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities | Locked |
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Upsourced Technologies Private Limited FY 2025 filings available
Upsourced Technologies Private Limited reported revenue of ₹11.12 Lakh (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Upsourced Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 85% over three years, including 8% growth in the latest year. EBITDA rose 63% 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 of Upsourced Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹96,238 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹98,658 | •••• | •••• | •••• |
| 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 of Upsourced Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.7% | •••• | •••• | •••• |
| Net Profit Margin | -8.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Upsourced Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Upsourced Technologies Private Limited
Upsourced Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities of head offices; management consultancy activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M S Y Consultants Private Limited | ₹11.21 Lakh (FY 2024) | •••• | •••• | 84.0% | •••• | New Delhi, Delhi, India |
| S.Cranes Engineering Works Private Limited | ₹11.18 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Reef-Knot Management Private Limited | ₹11.17 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Gurgaon, Haryana, India |
| Jatanix Software Private Limited | ₹11.17 Lakh (FY 2024) | •••• | •••• | 297.0% | •••• | Bangalore, Karnataka, India |
| Scaletron Equipments Private Limited | ₹11.15 Lakh (FY 2025) | •••• | •••• | •••• | Dadri, Uttar Pradesh, India | |
| Upsourced Technologies Private Limited this company | ₹11.12 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Vyas Finlease and Investments Private Limited | ₹11.07 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Delhi, India |
| Krazeekites Private Limited | ₹11.02 Lakh (FY 2025) | •••• | •••• | 814.0% | •••• | Bangalore, Karnataka, India |
| Anecdote Solutions Private Limited | ₹11 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Best Management Consulting Private Limited | ₹10.95 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Chennai, Tamil Nadu, India |
| Lotus Travex India Private Limited | ₹10.94 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Upsourced Technologies by revenue in the same principal business activity (Activities of head offices; management consultancy activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Upsourced Technologies Private Limited
Upsourced Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Singh Also directs: Upsourced Consultancy Services Private Limited | Director | 13 Dec 2021 | 4 Years 9 Months | Current |
| Abhishek Sonthalia Also directs: Upsourced Consultancy Services Private Limited, Shivlak Infra LLP | Director | 13 Dec 2021 | 4 Years 9 Months | Current |
Charges & Borrowings of Upsourced Technologies Private Limited
Upsourced Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Upsourced Technologies Private Limited
Employment history and EPFO contributions of people linked to Upsourced Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Upsourced Technologies Private Limited
Upsourced Technologies Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abhishek Sonthalia was appointed as Director on 13 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Upsourced Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Upsourced Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Upsourced Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Upsourced Technologies Private Limited
Upsourced Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU9907F1Z0 | Karnataka | Active | 05 Jan 2022 |
| 19AACCU9907F1Z1 | West Bengal | Active | 28 Mar 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Upsourced Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Upsourced Technologies Private Limited
Upsourced Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 December 2021 (5+ years old) and is registered under CIN U72900KA2021PTC155518.
Upsourced Technologies reported revenue of ₹11.12 Lakh for FY 2025 (up 8% YoY).
Upsourced Technologies has 2 current directors:
- Rakesh Singh - Director
- Abhishek Sonthalia - Director
Upsourced Technologies reported a net loss of ₹98,658 (net margin -8.9%) and EBITDA of -₹96,238 (EBITDA margin -8.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Upsourced Technologies is 85% over three years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Upsourced Technologies is 29AACCU9907F1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AACCU9907F1Z1 (West Bengal).
The CIN (Corporate Identification Number) of Upsourced Technologies is U72900KA2021PTC155518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upsourced Technologies was incorporated on 13 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Upsourced Technologies by revenue are M S Y Consultants Private Limited, S.Cranes Engineering Works Private Limited, Reef-Knot Management Private Limited, Jatanix Software Private Limited, Scaletron Equipments Private Limited and 5 more, all in the same principal business activity (Activities of head offices; management consultancy activities).
Abhishek Sonthalia was appointed as Director on 13 Dec 2021. Rakesh Singh was appointed as Director on 13 Dec 2021.
Yes, Upsourced Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).