About Verifaya Technology India Private Limited
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Verifaya Technology India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Verifaya Corporation. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC037719. Its GSTIN is 29AACCT3426A1ZP (Karnataka).
The company has an authorised share capital of ₹1.29 Cr and a paid-up capital of ₹1.28 Cr. It was formerly known as Testing Czars Software Solutions Private Limited. It is led by directors Girish Narayanarao Basidoni and Muktha Girish Basidoni.
Its last annual general meeting (AGM) was held on 17 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹9.83 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹7.07 Cr and EBITDA of -₹7.09 Cr. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 56% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Verifaya. Court records list 2 cases involving the company, including 2 filed by the company. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.85 Cr; the latest was in September 2016. Its 3 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 2 smaller; the largest is Swank Infytech Private Limited with revenue of ₹35.24 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verifaya.com.
Company details
Contact details
Verifaya Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is verifaya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.3 1st Floor Pobbathi Balakrishna Tower 100 Feet Ring Road Bsk 3rd Stage Ittam, Adu Extn, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
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- 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
Verifaya Technology India operates one associated brand: Verifaya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers automated testing solutions for mobile, web, and desktop applications. | verifaya.com |
Business activity
The main business activity of Verifaya Technology India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Verifaya Technology India Private Limited, buy the company report.
Financials of Verifaya Technology India Private Limited
FY 2026 filings availableVerifaya Technology India Private Limited reported revenue of ₹9.83 Lakh (down 72% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 72% fall in the latest year. EBITDA fell 95% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| Total Revenue | ₹9.83 Lakh | ||||
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| EBITDA | -₹7.09 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹7.07 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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To see the full financial statements and ratios of Verifaya Technology India Private Limited, buy the company report.
Board of directors of Verifaya Technology India Private Limited
Verifaya Technology India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Narayanarao Basidoni | Director | 21 Nov 2005 | 20 Years 11 Months | Current |
| Muktha Girish Basidoni | Director | 10 Oct 2023 | 3 Years 1 Months | Current |
Peer comparison
Verifaya Technology India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swank Infytech Private Limited | ₹35.24 Lakh (FY 2024) | 19.0% | Allahabad, Uttar Pradesh, India | |||
| Rally Solutions Private Limited | ₹35.16 Lakh (FY 2016) | Delhi, India | ||||
| Kaps IT Solutions Private Limited | ₹35.04 Lakh (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Verifaya Technology India Private Limitedthis company | ₹9.83 Lakh (FY 2026) | -₹7.07 Cr | -72.0% | 16 | Bangalore, Karnataka, India |
To see the full peer comparison of Verifaya Technology India Private Limited, buy the company report.
Auditor
Verifaya Technology India Private Limited is audited by H.S Arunachala & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.S Arunachala & Co. | FY 2026 | 006544S |
Shareholding
The shareholding of Verifaya Technology India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Verifaya Technology India Private Limited, buy the company report.
Deals & funding
Verifaya Technology India Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.85 Cr; the latest was in September 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Verifaya Corporation Seller: Tcz Holdings Inc. |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Tcz Holdings Inc., 3 individuals Seller: 4 individuals |
| Jul 2011 | Funding round | ₹1.85 Cr | Investors: Tcz Holdings Inc. |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Verifaya Technology India 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
Verifaya Technology India Private Limited has 2 court cases on record: 2 filed by Verifaya Technology India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Verifaya Technology India 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 Verifaya Technology India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verifaya Technology India Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Verifaya Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT3426A1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Verifaya Technology India Private Limited, buy the company report.
Recent activity
Verifaya Technology India Private Limited has 7 board changes on record since 2005: 2 appointments and 5 cessations. The latest: Muktha Girish Basidoni ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Verifaya Technology India 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 21 November 2005 (21+ years old) and is registered under CIN U72200KA2005PTC037719.
Verifaya Technology India has 2 current directors:
- Girish Narayanarao Basidoni - Director
- Muktha Girish Basidoni - Director
The latest financial statements of Verifaya Technology India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Verifaya Technology India is 29AACCT3426A1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Verifaya Technology India is U72200KA2005PTC037719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verifaya Technology India has 2 court cases on record: 2 filed by the company.
Verifaya Technology India was incorporated on 21 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Verifaya Technology India has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹1.85 Cr; the latest was in September 2016.
The peers of Verifaya Technology India by revenue are Swank Infytech Private Limited, Rally Solutions Private Limited, Kaps IT Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Muktha Girish Basidoni ceased to be Additional Director on 29 Sep 2024. Muktha Girish Basidoni was appointed as Director on 10 Oct 2023. Nuggimakki Ramachandra Rao Nataraj ceased to be Additional Director on 24 Sep 2023. Verifaya Technology India has 7 board changes on record in total.
Verifaya Technology India can be reached through the website verifaya.com. Its registered office is in Bangalore, Karnataka, India.
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