VV Finly Technology Private Limited

VV Finly Technology Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2019PTC121171 Incorporated 07 February 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2025
₹5.19 Cr
▼ 22% YoY
Net profit · FY 2025
₹3.02 Cr
Net margin 58.2%
EBITDA · FY 2025
₹4.27 Cr
EBITDA margin 82.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5.13 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
36
Provident fund records
Directors on board
2
As per MCA filings

About VV Finly Technology Private Limited

Data last updated:

VV Finly Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lockstep Network India Private Limited and recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 07 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2019PTC121171. Its GSTIN is 29AAGCV7942K1ZL (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.13 Lakh. It is led by directors Anand Mundra and Mahesh Inderpal Garg.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.19 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 58.2%) and EBITDA of ₹4.27 Cr (EBITDA margin 82.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 20% over five years.

The company has about 36 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Finly. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.5 Cr; the latest was in May 2019.

VV Finly Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0169529). For more details, the company can be reached via its website finly.io.

Company details

CIN U72200KA2019PTC121171
Registration Number 121171
Incorporation Date 07 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Lockstep Network India Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0169529
Key People
Anand Mundra Director Mahesh Inderpal Garg Director

Recognitions & Rankings of VV Finly Technology

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0169529

Contact details

VV Finly Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is finly.io. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    finly.io
  • Social Media
  • Apps
  • Registered Address
    1st Floor Gopala Krishna Complex, #45/3 Residency Road Mg Road, Bangalore, Karnataka, India – 560025
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of VV Finly Technology Private Limited, buy the company report.

Comprehensive company report
VV Finly Technology 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

Brands

VV Finly Technology operates one associated brand: Finly. Each brand links to its own profile.

BrandDescriptionWebsite
Finly
Cloud-based accounts payable automation is delivered for business expense management.finly.io

Business activity

The main business activity of VV Finly Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of VV Finly Technology Private Limited, buy the company report.

Financials of VV Finly Technology Private Limited

FY 2025 filings available

VV Finly Technology Private Limited reported revenue of ₹5.19 Cr (down 22% YoY) for FY 2025.

Revenue · FY 2025
₹5.19 Cr ▼ 22%
Net profit · FY 2025
₹3.02 Cr margin 58.2%
EBITDA · FY 2025
₹4.27 Cr margin 82.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 10%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 474%
5 years · compounded
▲ 34%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.02 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin82.3%
Net Profit Margin58.2%
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 VV Finly Technology Private Limited, buy the company report.

Board of directors of VV Finly Technology Private Limited

VV Finly Technology has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anand Mundra
Also directs: Sage Business Technology (India) Private Limited, Fyle Technologies Private Limited
Director20 May 20242 Years 5 MonthsCurrent
Mahesh Inderpal Garg
Also directs: Lockstep Network India Private Limited, Sage Business Technology (India) Private Limited, Corecon Technologies India Private Limited
Director30 Aug 20224 Years 1 MonthsCurrent
View all directors

Auditor

VV Finly Technology Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. BATLIBOI & CO. LLPFY 2023301003E/E300005

Shareholding

The shareholding of VV Finly Technology 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 categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of VV Finly Technology Private Limited, buy the company report.

Deals & funding

VV Finly Technology Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.5 Cr; the latest was in May 2019.

Total deals
2
Funding rounds
2
Disclosed funding
₹3.5 Cr

Deals on record (1 of 2)

WhenDealAmountParties
May 2019Funding round · Pre-Series A₹3.5 CrInvestors: Angel List, Al Nour International Holdings Company, Das42 Ventures Pte Ltd

To see the full deal history of VV Finly Technology Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for VV Finly Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

VV Finly Technology Private Limited has a workforce of 36 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
36
Active EPFO establishments
1
Employee growth
16.13%

GST

VV Finly Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCV7942K1ZLKarnatakaActive05 Mar 2019

To see the full GST registrations and return filing status of VV Finly Technology Private Limited, buy the company report.

Recent activity

VV Finly Technology Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Anand Mundra ceased to be Additional Director on 29 Sep 2024.

AGM
Vv Finly Technology Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Vv Finly Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anand Mundra ceased to be Additional Director.
Ceased
Veekshith Chandrashekar Rai ceased to be Director.
Ceased
Vivek Alike Ganapathy ceased to be Director.
Appointed
Anand Mundra was appointed as Director.
Appointed
Mahesh Inderpal Garg was appointed as Director.
Ceased
Mahesh Inderpal Garg ceased to be Additional Director.
Ceased
Satyam Bansal ceased to be Additional Director.
Incorporation
07 Feb 2019
Vv Finly Technology Private Limited was registered on 07 Feb 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.

Frequently asked questions

VV Finly Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 07 February 2019 (7+ years old) and is registered under CIN U72200KA2019PTC121171.

VV Finly Technology has 2 current directors:

The latest financial statements of VV Finly Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of VV Finly Technology is 29AAGCV7942K1ZL, registered in Karnataka.

The CIN (Corporate Identification Number) of VV Finly Technology is U72200KA2019PTC121171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VV Finly Technology was incorporated on 07 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

VV Finly Technology has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.5 Cr; the latest was in May 2019.

Anand Mundra ceased to be Additional Director on 29 Sep 2024. Veekshith Chandrashekar Rai ceased to be Director on 27 May 2024. Vivek Alike Ganapathy ceased to be Director on 27 May 2024. VV Finly Technology has 7 board changes on record in total.

Yes, VV Finly Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, VV Finly Technology is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0169529).