About 91Streets Media Technologies Private Limited
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91Streets Media Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 November 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC259739. Its GSTIN is 24AAACZ7982K1C0 (Gujarat). The company held 11 GST registrations, of which 4 are active.
The company had an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹69.76 Lakh. It was led by directors including Rehan Yar Khan and Vishal Vijay Gupta.
Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹243.36 Cr and EBITDA of -₹237.38 Cr.
The company had about 455 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 3 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹15 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 4 cases are pending. The company has 14 deals on record (10 funding rounds, 3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1,547.85 Cr; the latest was in April 2020. Its 10 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Vee Healthtek Private Limited with revenue of ₹375.93 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 60 overdue payments to 27 micro and small suppliers.
The last known website on record is pharmeasy.in.
Company details
Contact details
91Streets Media Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is pharmeasy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressE – Shape Building 1st Floor Ashok Silk Mills Compound 202 L.B.S. Marg Ghatkopar (We, St), Mumbai, Maharashtra, India – 400086
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of 91Streets Media Technologies 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
Business activity
The main business activity of 91Streets Media Technologies 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 91Streets Media Technologies Private Limited, buy the company report.
Financials of 91Streets Media Technologies Private Limited
FY 2019 filings available91Streets Media Technologies Private Limited reported revenue of ₹28.13 Cr (up 219% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 219% in the latest year. EBITDA fell 150% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹237.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹243.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of 91Streets Media Technologies Private Limited, buy the company report.
Board of directors of 91Streets Media Technologies Private Limited
91Streets Media Technologies has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
91Streets Media Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vee Healthtek Private Limited | ₹375.93 Cr (FY 2024) | 18.0% | Bangalore, Karnataka, India | |||
| Falca E-Solutions Private Limited | ₹368.72 Cr (FY 2024) | 27.0% | Bangalore, Karnataka, India | |||
| Firstrand Services Private Limited | ₹368.47 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India | |||
| SG Analytics Private Limited | ₹367.72 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Solarsquare Energy Private Limited | ₹364.3 Cr (FY 2025) | 105.0% | Mumbai, Maharashtra, India | |||
| Innovative Salary Services and Payroll Advisory Private Limited | ₹363.6 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Ubique Systems Private Limited | ₹351.73 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| Hyosung Corporation India Private Limited | ₹350.39 Cr (FY 2025) | 40.0% | Gurgaon, Haryana, India | |||
| Vimta Labs Limited | ₹348.22 Cr (FY 2025) | 8.0% | Telangana, India | |||
| United Airlines Business Services Private Limited | ₹348.17 Cr (FY 2025) | 62.0% | New Delhi, Delhi, India | |||
| 91Streets Media Technologies Private Limitedthis company | ₹28.13 Cr (FY 2019) | -₹243.36 Cr | 219.0% | 455 | Mumbai, Maharashtra, India |
To see the full peer comparison of 91Streets Media Technologies Private Limited, buy the company report.
Auditor
91Streets Media Technologies Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2019 | 012754N/N500016 |
Shareholding
The shareholding of 91Streets Media Technologies Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of 91Streets Media Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2019 | 100245735 | Others | ₹1 Cr | Satisfied | |
| 17 Apr 2017 | 100097067 | Others | ₹14 Cr | Satisfied |
To see the full charge records of 91Streets Media Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
91Streets Media Technologies Private Limited has 14 deals on record (10 funding rounds, 3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1,547.85 Cr; the latest was in April 2020.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Funding round · Series D | ₹162.45 Cr | Investors: Bessemer Venture Partners, Eight Roads Ventures, Fundamentum Partnership |
| Feb 2018 | Funding round · Series C | ₹97.99 Cr | Investors: MEMG Family Office, Bessemer Venture Partners, Ascent Health and Wellness Solutions Private Limited |
| Feb 2017 | Funding round · Series B | ₹105.01 Cr | Investors: Ascent Health and Wellness Solutions Private Limited , Bessemer Venture Partners, Orios Venture Partners, an individual |
| May 2015 | Funding round · Seed | ₹4 Cr | Investors: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited , JM Financial Services (Family Office), 2 individuals Seller: 2 individuals |
To see the full deal history of 91Streets Media Technologies 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
91Streets Media Technologies Private Limited has 12 court cases on record: 1 filed by 91Streets Media Technologies, 11 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by 1Mg Technologies Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by 1Mg Technologies Pvt Ltd | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Img Technologies Pvt Ltd | Pending |
To see the full case history of 91Streets Media Technologies 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
91Streets Media Technologies Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 60 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Digiastic LLP | |||
| Kalyx Infotech Private Limited | |||
| Cnergyis Infotech India Private Limited | |||
| Manas Merchandise Private Limited | |||
| Hashedin Technologies Private Limited |
To see the full MSME payment records of 91Streets Media Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
91Streets Media Technologies has 3 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Swifto Services Private Limited | U60200MH2016PTC284337 | |
| Docon Technologies Private Limited | U72900KA2016PTC126436 | |
| Thea Technologies Private Limited | U72900MH2015PTC263734 |
To see the full group structure of 91Streets Media Technologies Private Limited, buy the company report.
Employees & EPFO
91Streets Media Technologies Private Limited has a workforce of 455 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
91Streets Media Technologies has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ7982K1C0 | Gujarat | Active | 03 Oct 2018 |
| 29AAACZ7982K1CQ | Karnataka | Active | 09 Oct 2018 |
| 08AAACZ7982K1CU | Rajasthan | Active | 24 Oct 2018 |
| 19AAACZ7982K1CR | West Bengal | Active | 29 Oct 2018 |
To see the full GST registrations and return filing status of 91Streets Media Technologies Private Limited, buy the company report.
Recent activity
91Streets Media Technologies Private Limited has 15 board changes on record since 2014: 7 appointments and 8 cessations. The latest: Prem Venkatachalam Pavoor was appointed as Additional Director on 19 Mar 2020.
10 earlier events are in the company report.
News
Frequently asked questions
91Streets Media Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
91Streets Media Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 26 November 2014 and is registered under CIN U74999MH2014PTC259739. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
91Streets Media Technologies was incorporated on 26 November 2014. It is registered with the Registrar of Companies, Mumbai.
91Streets Media Technologies had 7 directors:
- Prem Venkatachalam Pavoor - Additional Director
- Rehan Yar Khan - Director
- Vishal Vijay Gupta - Director
- Puncham Mukim - Director
- Dhaval Rajesh Shah - Director
- Dharmil Nirupam Sheth - Director
- Ashish Kumar - Director
The CIN (Corporate Identification Number) of 91Streets Media Technologies is U74999MH2014PTC259739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of 91Streets Media Technologies is at E – Shape Building 1st Floor Ashok Silk Mills Compound 202 L.B.S. Marg Ghatkopar We, St, Mumbai, Maharashtra, India – 400086.
91Streets Media Technologies can be reached through the website pharmeasy.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of 91Streets Media Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 December 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of 91Streets Media Technologies is 24AAACZ7982K1C0, registered in Gujarat. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 29AAACZ7982K1CQ (Karnataka), 08AAACZ7982K1CU (Rajasthan), 19AAACZ7982K1CR (West Bengal).
91Streets Media Technologies operated in the information technology industry, in the IT consulting and support services segment.
91Streets Media Technologies has 14 deals on record (10 funding rounds, 3 convertible or debt financings, 1 secondary share transfer), with disclosed funding of ₹1,547.85 Cr; the latest was in April 2020.
The peers of 91Streets Media Technologies by revenue are Vee Healthtek Private Limited, Falca E-Solutions Private Limited, Firstrand Services Private Limited, SG Analytics Private Limited, Solarsquare Energy Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).