DPIIT recognised startup Government of India
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AI Growth Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.82 Cr
▲ 26% YoY
Net loss · FY 2025
₹25.75 Cr
Net margin -96%
EBITDA · FY 2025
-₹21.15 Cr
EBITDA margin -78.9%
Authorised capital
₹69.57 Lakh
Registered with MCA
Paid-up capital
₹49.94 Lakh
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹15 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
82
Provident fund records
About AI Growth Private Limited
Data last updated:
AI Growth Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 22 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62090KA2020PTC137559. Its GSTIN is 29AACCU6530E1ZD (Karnataka).
The company has an authorised share capital of ₹69.57 Lakh and a paid-up capital of ₹49.94 Lakh. It was formerly known as Unitern Asset India Private Limited. It is led by directors Saurav Ghosh and Vineet Agrawal.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.82 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹25.75 Cr (net margin -96%) and EBITDA of -₹21.15 Cr (EBITDA margin -78.9%). Revenue has grown at a compounded annual rate (CAGR) of 250% over three years.
The company has about 82 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Jiraaf, altGraaf and Unitern. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹15 Cr on record. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹144.63 Cr; the latest was in October 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitern.com.
Company details
CIN U62090KA2020PTC137559
Registration Number 137559
Incorporation Date 22 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
AI Growth has one previous CIN (Corporate Identification Number): U74999KA2020PTC137559. The current CIN is U62090KA2020PTC137559, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62090KA2020PTC137559 | Current |
| U74999KA2020PTC137559 | Previous |
Key People
Saurav Ghosh Director Vineet Agrawal Director Recognitions & Rankings of AI Growth
Contact details
AI Growth Private Limited's registered office is in Bangalore, Karnataka. Its website is unitern.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 371st Johns Hospital Road, Santoshpuram Koramangala 3rd Block, Bangalore, Karnataka, India – 560034
- IndustryInternet, Online Financial Services
To see the full contact details of AI Growth Private Limited, buy the company report.
Comprehensive company report
AI Growth Private Limited - one report that includes everything
- 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
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Brands
AI Growth operates multiple associated brands including Jiraaf, altGraaf, and Unitern. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for alternative investment | jiraaf.com | |
| Alternative fixed-income investments are offered to retail investors. | altgraaf.com | |
| Provider of investment management services | unitern.com |
Business activity
The main business activity of AI Growth 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 AI Growth Private Limited, buy the company report.
Financials of AI Growth Private Limited
FY 2024 filings availableAI Growth Private Limited reported revenue of ₹26.82 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹26.82 Cr ▲ 26%
Net loss · FY 2025
₹25.75 Cr margin -96%
EBITDA · FY 2025
-₹21.15 Cr margin -78.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 250%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 71%
Revenue has grown at a compounded annual rate (CAGR) of 250% over three years, including 26% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹21.15 Cr | ||||
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| Net Profit (PAT) | -₹25.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -78.9% | ||||
| Net Profit Margin | -96% | ||||
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To see the full financial statements and ratios of AI Growth Private Limited, buy the company report.
Board of directors of AI Growth Private Limited
AI Growth has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurav Ghosh Also directs: Jiraaf Everest LLP, Jiraaf Platform Private Limited, Jiraaf Asset Management Private Limited and 3 more | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
| Vineet Agrawal Also directs: Jiraaf Everest LLP, Jiraaf Platform Private Limited, Jiraaf Asset Management Private Limited and 3 more | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
Auditor
AI Growth Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of AI Growth Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of AI Growth Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100939337 | Others | ₹30 Cr | Open | |
| 15 May 2023 | 100753694 | Others | ₹10 Cr | Satisfied | |
| 28 Apr 2023 | 100753413 | Others | ₹5 Cr | Satisfied |
To see the full charge records of AI Growth Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
AI Growth Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹144.63 Cr; the latest was in October 2023.
Total deals
5
Funding rounds
5
Disclosed funding
₹144.63 Cr
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Funding round · Series B | ₹72.31 Cr | Investors: Accel India, Harmony Partners, Trifecta Capital |
| Jun 2021 | Funding round | ₹19.4 Lakh | Investors: Mankekar Family Office, 3 individuals |
To see the full deal history of AI Growth 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 AI Growth 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 AI Growth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
AI Growth Private Limited has a workforce of 82 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
82
Active EPFO establishments
1
Employee growth
41.38%
GST
AI Growth has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU6530E1ZD | Karnataka | Active | 21 Jul 2021 |
To see the full GST registrations and return filing status of AI Growth Private Limited, buy the company report.
Recent activity
AI Growth Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Navin Dhanuka ceased to be Director on 18 Dec 2025.
Ceased
Navin Dhanuka ceased to be Director.
Charges
A charge registered on 15 May 2023 via Charge ID 100753694 with Others was fully satisfied on 19 Jun 2025.
AGM
Ai Growth Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 28 Apr 2023 via Charge ID 100753413 with Others was fully satisfied on 21 Jun 2024.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 100939337 was registered on 31 May 2024.
Filing
Ai Growth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100753694 was registered on 15 May 2023.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100753413 was registered on 28 Apr 2023.
Ceased
Priyanka Bhaskar Shah ceased to be Director.
Ceased
Srinivasan Gopalan ceased to be Director.
Appointed
Saurav Ghosh was appointed as Director.
Appointed
Vineet Agrawal was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
AI Growth is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 22 August 2020 (6+ years old) and is registered under CIN U62090KA2020PTC137559.
AI Growth has 2 current directors:
- Saurav Ghosh - Director
- Vineet Agrawal - Director
The latest financial statements of AI Growth 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 2021 are in the company report.
The GSTIN of AI Growth is 29AACCU6530E1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of AI Growth is U62090KA2020PTC137559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
AI Growth was incorporated on 22 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
AI Growth has 5 deals on record (5 funding rounds), with disclosed funding of ₹144.63 Cr; the latest was in October 2023.
Navin Dhanuka ceased to be Director on 18 Dec 2025. Priyanka Bhaskar Shah ceased to be Director on 28 Jun 2022. Srinivasan Gopalan ceased to be Director on 08 Nov 2021. AI Growth has 5 board changes on record in total.
Yes, AI Growth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
AI Growth can be reached through the website unitern.com. Its registered office is in Bangalore, Karnataka, India.