- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0221218

About We Techshiksha Labs Private Limited
Data last updated:
We Techshiksha Labs Private Limited is a private limited company based in Ulwe, Maharashtra, India. It operates in the elearning and digital education segment of the education sector. It was incorporated on 08 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2014PTC253998. Its GSTIN is 27AABCW5005F1ZM (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.6 Lakh. It is led by directors including Amit Kumar Modi and Linsha Prakashan Thundikomath.
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 Flat No – 901 White Wings Plot No – 207 Sector – 23 Ulwe, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.41 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹26.73 Lakh (net margin -7.8%) and EBITDA of -₹11.62 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 47% over five years.
The company is associated with 1 brand: WitBlox. The company has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 micro and small suppliers.
We Techshiksha Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0221218). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website witblox.com.
Company details
Recognitions & Rankings of We Techshiksha Labs
Contact details
We Techshiksha Labs Private Limited's registered office is in Ulwe, Maharashtra. Its website is witblox.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFlat No – 901 White Wings Plot No – 207 Sector – 23 Ulwe, Maharashtra, India – 410206
- IndustryEducation, eLearning & Digital Education
To see the full contact details of We Techshiksha Labs 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
We Techshiksha Labs operates one associated brand: WitBlox. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| DIY kits for children's robotics and engineering learning are provided. | witblox.com |
Business activity
The main business activity of We Techshiksha Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of We Techshiksha Labs Private Limited, buy the company report.
Financials of We Techshiksha Labs Private Limited
FY 2024 filings availableWe Techshiksha Labs Private Limited reported revenue of ₹3.41 Cr (up 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 67% growth in the latest year. EBITDA fell 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹11.62 Lakh | ||||
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| Net Profit (PAT) | -₹26.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -7.8% | ||||
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To see the full financial statements and ratios of We Techshiksha Labs Private Limited, buy the company report.
Board of directors of We Techshiksha Labs Private Limited
We Techshiksha Labs has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Modi Also directs: Promptlabs Private Limited | Director | 08 Mar 2014 | 12 Years 7 Months | Current |
| Mikdad Merchant Saleem Also directs: Inscite Advisory Services LLP, Safetouch Design LLP, Safe Enterprises Retail Fixtures Limited and 5 more | Additional Director | 02 Apr 2021 | 5 Years 6 Months | Current |
| Linsha Prakashan Thundikomath Also directs: Rightarm Social Connect Private Limited | Director | 07 Jul 2017 | 9 Years 3 Months | Current |
| Ankita Nidhi | Director | 07 Jul 2017 | 9 Years 3 Months | Current |
Auditor
We Techshiksha Labs Private Limited is audited by PUNIT PADALIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUNIT PADALIA & CO | FY 2023 | 134534W |
Shareholding
The shareholding of We Techshiksha Labs 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 We Techshiksha Labs Private Limited, buy the company report.
Deals & funding
We Techshiksha Labs Private Limited has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Funding round | ₹58.7 Lakh | Investors: Mumbai Angels, 3 individuals |
| Sep 2021 | Funding round | ₹75.2 Lakh | Investors: JCurve, 3 individuals |
| Feb 2020 | Funding round · Seed | ₹67.6 Lakh | Investors: Agrim Capital Advisors LLP , 3 individuals |
| Dec 2019 | Funding round · Seed | ₹62.5 Lakh | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Choicest Enterprises Ltd Seller: Likhani Commercial Company Limited |
To see the full deal history of We Techshiksha Labs 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 We Techshiksha Labs 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
We Techshiksha Labs Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of We Techshiksha Labs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
We Techshiksha Labs has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW5005F1ZM | Maharashtra | Active | 07 Sep 2017 |
| 29AABCW5005F1ZI | Karnataka | Active | 09 Jul 2021 |
| 06AABCW5005F1ZQ | Haryana | Active | 09 Sep 2021 |
| 19AABCW5005F1ZJ | West Bengal | Active | 19 Dec 2023 |
To see the full GST registrations and return filing status of We Techshiksha Labs Private Limited, buy the company report.
Recent activity
We Techshiksha Labs Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Ankit Arunkumar Tiwari ceased to be Director on 13 Feb 2023.
Frequently asked questions
We Techshiksha Labs is an active private limited company based in Ulwe, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 08 March 2014 (12+ years old) and is registered under CIN U73100MH2014PTC253998.
We Techshiksha Labs has 4 current directors:
- Amit Kumar Modi - Director
- Mikdad Merchant Saleem - Additional Director
- Linsha Prakashan Thundikomath - Director
- Ankita Nidhi - Director
The latest financial statements of We Techshiksha Labs 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 We Techshiksha Labs is 27AABCW5005F1ZM, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 29AABCW5005F1ZI (Karnataka), 06AABCW5005F1ZQ (Haryana), 19AABCW5005F1ZJ (West Bengal).
The CIN (Corporate Identification Number) of We Techshiksha Labs is U73100MH2014PTC253998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Techshiksha Labs was incorporated on 08 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
We Techshiksha Labs has 6 deals on record (5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.89 Cr; the latest was in June 2022.
Ankit Arunkumar Tiwari ceased to be Director on 13 Feb 2023. Mikdad Merchant Saleem was appointed as Additional Director on 02 Apr 2021. Rajesh Harish Gajjar ceased to be Director on 21 Jul 2017. We Techshiksha Labs has 8 board changes on record in total.
Yes, We Techshiksha Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0221218).
We Techshiksha Labs has 3 MSME Form 1 returns on record between 2019 and 2022, listing 15 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2022.
We Techshiksha Labs can be reached through the website witblox.com. Its registered office is in Ulwe, Maharashtra, India.