About 10I Commerce Services Private Limited
Data last updated: 24 July 2025
10I Commerce Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 10 March 2015, the company has been in operation for over 11 years.
Registered with ROC Bangalore under CIN U72200KA2015PTC079186.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.51 Cr. It is led by director Apoorva Baniga Venkatesh Jois.
Last AGM: 22 February 2023. Financial statements filed for year ended 31 March 2022. Office: Wework 1St Floor Block L Embassy Tech Village Outer Ring Road Devarabisanahalli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2022, the company reported a revenue of ₹66.09 Cr, a decline of 90% compared to the previous year.
The company has a workforce of approximately 36 employees as per the latest available data.
The company is associated with 1 brand - Shopx. As per MCA filings, the company has satisfied charges of ₹87.5 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is shopx.in.
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Registered AddressWework 1St Floor Block L Embassy Tech Village Outer Ring Road Devarabisanahalli, Bangalore, Karnataka, India – 560103
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IndustryE-Commerce, General E-Commerce Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with 10I Commerce Services Private Limited
10I Commerce Services Private Limited operates one associated brand: ShopX. These brands represent 10I Commerce Services Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of 10I Commerce Services Private Limited
Brands and companies operating in the same space as 10I Commerce Services Private Limited include Vilcart, Frendy, 1K and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Vilcart
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Tech-enabled logistics solutions are provided for rural retailers in India. | Bengaluru, India, India | 2018 |
Frendy
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Digitized convenience store network solutions for retailers | Ahmedabad, India, India | 2019 |
1K
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Platform offering retail store aggregating solution for grocery stores | Gurugram, India, India | 2018 |
Warung Pintar
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Retail aggregator solutions are offered to local merchants in Indonesia. | Jakarta, Indonesia, Indonesia | 2017 |
StoreKing
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Online supermarket services are provided to small-town retailers. | Bengaluru, India, India | 2012 |
Gully Network
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Gully Network provides comprehensive omnichannel solutions for retail stores. | Bengaluru, India, India | 2019 |
Kilo
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Retail aggregating solutions are provided for small and medium businesses. | Ho Chi Minh City, Vietnam, Vietnam | 2020 |
Jingle
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App-based platform aggregates stores for on-demand grocery delivery and services. | San Francisco, United States, United States | 2022 |
eSamudaay
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Retail store aggregation solutions are provided for local businesses. | Bengaluru, India, India | 2020 |
Business Activity of 10I Commerce Services Private Limited
10I Commerce Services Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for 10I Commerce Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of 10I Commerce Services Private Limited
10I Commerce Services Private Limited is audited by VARMA & VARMA for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARMA & VARMA | Locked | Locked | Locked |
Complete auditor history for 10I Commerce Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors and KMP of 10I Commerce Services Private Limited
10I Commerce Services Private Limited currently reports 1 director and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Amit Sharma
Also directs:
Asdi Services Llp, Synthetic Intelligence Works Private Limited
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Ceo | 26 Sep 2017 | 8 Years 9 Months | As last reported |
| Apoorva Baniga Venkatesh Jois | Director | 10 Mar 2015 | 11 Years 4 Months | As last reported |
Financials of 10I Commerce Services Private Limited FY 2022 filings available
10I Commerce Services Private Limited reported revenue of ₹66.09 Cr (down 90.00% YoY) for FY 2022.
Ten-year financial statements for 10I Commerce Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of 10I Commerce Services Private Limited
Shareholding and ownership data for 10I Commerce Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of 10I Commerce Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2019 | The Hongkong and Shanghai Banking Corporation Limited | ₹87.5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at 10I Commerce Services Private Limited
10I Commerce Services Private Limited has a workforce of 36 employees as of Mar 21, 2024.
Employee and EPFO history for 10I Commerce Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of 10I Commerce Services Private Limited
GST registrations and filing compliance for 10I Commerce Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for 10I Commerce Services Private Limited
Credit ratings, litigation, and regulatory alerts for 10I Commerce Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by 10I Commerce Services Private Limited
MSME payment history for 10I Commerce Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of 10I Commerce Services Private Limited
Corporate group structure for 10I Commerce Services Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of 10I Commerce Services Private Limited
MCA filings and documents for 10I Commerce Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on 10I Commerce Services Private Limited
Recent News on 10I Commerce Services Private Limited
Frequently Asked Questions about 10I Commerce Services Private Limited
10I Commerce Services Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
10I Commerce Services Private Limited is a company under insolvency, formerly operating as a private limited company in the e-commerce sector based in Bangalore, Karnataka, India. It was incorporated on 10 March 2015 and is registered under CIN U72200KA2015PTC079186. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
10I Commerce Services Private Limited reported revenue of ₹66.09 Cr for FY 2022 (down 90.00% YoY).
The current directors and KMP of 10I Commerce Services Private Limited are:
- Amit Sharma - Ceo
- Apoorva Baniga Venkatesh Jois - Director
The CIN (Corporate Identification Number) of 10I Commerce Services Private Limited is U72200KA2015PTC079186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
10I Commerce Services Private Limited has no open charges and satisfied charges of ₹87.5 Cr as per latest MCA filings.