Xerve Innovations Private Limited
About Xerve Innovations Private Limited
Data last updated:
Xerve Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 15 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076406. Its GSTIN is 29AAACX1641F2ZF (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹5.32 Lakh. It is led by directors Arun Aravindakshan and Ayyappan Radhakrishan.
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 No. 473 Second Floor 80Ft Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.8 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Cr and EBITDA of -₹3 Cr. Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company is associated with 1 brand: Xerve. Court records list 1 case involving the company. The company has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies) are compared by revenue, 5 larger and 5 smaller; the largest is Adplus Services Private Limited with revenue of ₹11.83 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 473 Second Floor 80Ft Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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 Xerve Innovations Private Limited
The main business activity of Xerve Innovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Xerve Innovations Private Limited FY 2025 filings available
Xerve Innovations Private Limited reported revenue of ₹11.8 Lakh (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Xerve Innovations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 48% fall in the latest year. EBITDA rose 14% 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 Xerve Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.03 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 of Xerve Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Xerve Innovations are in the company report.
Financial statements from 2015
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 Xerve Innovations Private Limited
Xerve Innovations Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adplus Services Private Limited | ₹11.83 Lakh (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| HHN Services Private Limited | ₹11.82 Lakh (FY 2025) | •••• | •••• | 238.0% | •••• | Lucknow, Uttar Pradesh, India |
| Di Yellow Elephant Private Limited | ₹11.81 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Gurgaon, Haryana, India |
| Complete Wellbeing Publishing Private Limited | ₹11.81 Lakh (FY 2024) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| Adsreverb Digital Private Limited | ₹11.81 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Xerve Innovations Private Limited this company | ₹11.8 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
| Interpreting Markets Private Limited | ₹11.79 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Infocast Systems Private Limited | ₹11.78 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Om99 Online Private Limited | ₹11.77 Lakh (FY 2023) | •••• | •••• | 435.0% | •••• | Bangalore, Karnataka, India |
| Kodai Agriorg Private Limited | ₹11.77 Lakh (FY 2025) | •••• | •••• | 91.0% | •••• | Dindigul, Tamil Nadu, India |
| Orionminds Private Limited | ₹11.76 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Xerve Innovations by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Xerve Innovations Private Limited
Xerve Innovations Private Limited is audited by G M G Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G M G Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Xerve Innovations Private Limited
Xerve Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Aravindakshan | Director | 15 Sep 2014 | 12 Years 0 Months | Current |
| Ayyappan Radhakrishan Also directs: Rael Creations LLP, Mystra Technologies LLP | Director | 15 Sep 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Xerve Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Xerve Innovations Private Limited
Xerve Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Xerve Innovations Private Limited
Xerve Innovations Private Limited has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹2.44 Cr | Investors: Dans-K Holding Corp, 3 individuals |
| Nov 2021 | Funding round | ₹2.91 Cr | Investors: 4 individuals |
| Mar 2021 | Funding round | ₹3.02 Cr | Investors: PT Wilsum Kapital Global, 3 individuals |
| Nov 2020 | Funding round | ₹1.1 Cr | Investors: 4 individuals |
| Mar 2016 | Funding round | ₹2.03 Cr | Investors: 4 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Xerve Innovations Private Limited
Xerve Innovations Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Xerve Innovations Private Limited
Employment history and EPFO contributions of people linked to Xerve Innovations.
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 Xerve Innovations Private Limited
Xerve Innovations Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Davis George Chiramalpadijaratala ceased to be Director on 30 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Xerve Innovations 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 Xerve Innovations 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 Xerve Innovations 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 Xerve Innovations Private Limited
Xerve Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACX1641F2ZF | Karnataka | Active | 29 Jul 2017 |
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 Xerve Innovations 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 Xerve Innovations Private Limited
Xerve Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 15 September 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076406.
Xerve Innovations reported revenue of ₹11.8 Lakh for FY 2024 (down 48% YoY).
Xerve Innovations has 2 current directors:
- Arun Aravindakshan - Director
- Ayyappan Radhakrishan - Director
Xerve Innovations reported a net loss of ₹3.03 Cr and EBITDA of -₹3 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Xerve Innovations is -11% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Xerve Innovations is 29AAACX1641F2ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Xerve Innovations is U74900KA2014PTC076406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xerve Innovations has 1 court case on record.
Xerve Innovations was incorporated on 15 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Xerve Innovations has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022.
The peers of Xerve Innovations by revenue are Adplus Services Private Limited, HHN Services Private Limited, Di Yellow Elephant Private Limited, Complete Wellbeing Publishing Private Limited, Adsreverb Digital Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).