Agartha Ventures Private Limited
About Agartha Ventures Private Limited
Data last updated:
Agartha Ventures Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 October 2021.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC153294.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.61 Cr. It was led by directors Lohith Anand and Shreyas Dharmasthala.
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 was at Unit No. 2 2nd Floor No. 5 Onyx Center Museum Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.9 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹7.8 Cr (net margin 19.6%) and EBITDA of ₹14.27 Cr (EBITDA margin 35.8%).
Company details
Contact details
Agartha Ventures Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressUnit No. 2 2nd Floor No. 5 Onyx Center Museum Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Agartha Ventures 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 Agartha Ventures Private Limited, buy the company report.
Financials of Agartha Ventures Private Limited
FY 2024 filings availableAgartha Ventures Private Limited reported revenue of ₹39.9 Cr (up 134% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 134% in the latest year. EBITDA rose 443% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹14.27 Cr | ||
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| Net Profit (PAT) | ₹7.8 Cr | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 35.8% | ||
| Net Profit Margin | 19.6% | ||
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To see the full financial statements and ratios of Agartha Ventures Private Limited, buy the company report.
Board of directors of Agartha Ventures Private Limited
Agartha Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lohith Anand | Director | 21 Oct 2021 | 5 Years 0 Months | As last reported |
| Shreyas Dharmasthala Also directs: Agartha Ventures LLP, Kopen Trading Private Limited, Synergy Insurance Broking Services Private Limited and 2 more | Director | 21 Oct 2021 | 5 Years 0 Months | As last reported |
Peer comparison
Agartha Ventures Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Ripple Smart Metering Limited | ₹40.12 Cr (FY 2025) | 197.0% | Hyderabad, Telangana, India | |||
| Acabes International Private Limited | ₹40.09 Cr (FY 2025) | 135.0% | Ernakulam, Kerala, India | |||
| Toaster India Private Limited | ₹40.05 Cr (FY 2024) | 53.0% | Mumbai, Maharashtra, India | |||
| Weather Risk Management Services Private Limited | ₹40.04 Cr (FY 2025) | 19.0% | Jodhpur, Rajasthan, India | |||
| Ruvi Technologies Private Limited | ₹39.93 Cr (FY 2025) | 977.0% | Pune, Maharashtra, India | |||
| Agartha Ventures Private Limitedthis company | ₹39.9 Cr (FY 2024) | ₹7.8 Cr | 19.6% | 134.0% | Bangalore, Karnataka, India | |
| Teikametrics Solutions Private Limited | ₹39.88 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Power Max(India)Pvt Ltd | ₹39.78 Cr (FY 2021) | -27.0% | Kolkata, West Bengal, India | |||
| Si Healthcare Management Private Limited | ₹39.77 Cr (FY 2024) | 168.0% | Chennai, Tamil Nadu, India | |||
| Imarc Services Private Limited | ₹39.75 Cr (FY 2025) | 18.0% | Delhi, India |
To see the full peer comparison of Agartha Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Agartha Ventures 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
No delayed payments to MSME suppliers are on our record for Agartha Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Agartha Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Agartha Ventures Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Lohith Anand was appointed as Director on 21 Oct 2021.
Frequently asked questions
Agartha Ventures has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Agartha Ventures was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 21 October 2021 and is registered under CIN U72900KA2021PTC153294. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Agartha Ventures is U72900KA2021PTC153294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agartha Ventures had 2 directors:
- Lohith Anand - Director
- Shreyas Dharmasthala - Director
Agartha Ventures was incorporated on 21 October 2021. It is registered with the Registrar of Companies, Bangalore.
The registered office of Agartha Ventures is at Unit No. 2 2nd Floor No. 5 Onyx Center Museum Road, Bangalore, Karnataka, India – 560001.
The latest financial statements of Agartha Ventures 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 FY 2022 are in the company report.
Agartha Ventures operated in the information technology industry, in the application development and software solutions segment.
The peers of Agartha Ventures by revenue are Ripple Smart Metering Limited, Acabes International Private Limited, Toaster India Private Limited, Weather Risk Management Services Private Limited, Ruvi Technologies Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Lohith Anand was appointed as Director on 21 Oct 2021. Shreyas Dharmasthala was appointed as Director on 21 Oct 2021.
Agartha Ventures can be reached at its registered office: Unit No. 2 2nd Floor No. 5 Onyx Center Museum Road, Bangalore, Karnataka, India – 560001.