MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0220858
Aipalette India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.81 Cr
▲ 130% YoY
Net loss · FY 2024
₹3.34 Cr
Net margin -19.8%
EBITDA · FY 2024
-₹3.03 Cr
EBITDA margin -18%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.39 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹14 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
56
Provident fund records
About Aipalette India Private Limited
Data last updated:
Aipalette India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Aipalette Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020FTC132255. Its GSTIN is 29AATCA2588H1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.39 Lakh. It is led by directors Dhakshayini Bidarguppe Gopalaiah and Himanshu Upreti.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.81 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹3.34 Cr (net margin -19.8%) and EBITDA of -₹3.03 Cr (EBITDA margin -18%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ai Palette. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹14 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹11.85 Cr; the latest was in August 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Kyoorius Communications Private Limited with revenue of ₹16.83 Cr.
Aipalette India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0220858). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aipalette.com.
Company details
CIN U72900KA2020FTC132255
Registration Number 132255
Incorporation Date 03 February 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aipalette Pte Ltd
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0220858
Recognitions & Rankings of Aipalette India
Contact details
Aipalette India Private Limited's registered office is in Bangalore, Karnataka. Its website is aipalette.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/A 7th Main 1st Block, Koramangala Industrial Layout, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aipalette India Private Limited, buy the company report.
Comprehensive company report
Aipalette India 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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Secure checkout · GST invoice included
Brands
Aipalette India operates one associated brand: Ai Palette. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered consumer insights for CPG product development are provided. | aipalette.com |
Business activity
The main business activity of Aipalette India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aipalette India Private Limited, buy the company report.
Financials of Aipalette India Private Limited
FY 2025 filings availableAipalette India Private Limited reported revenue of ₹16.81 Cr (up 130% YoY) for FY 2024.
Revenue · FY 2024
₹16.81 Cr ▲ 130%
Net loss · FY 2024
₹3.34 Cr margin -19.8%
EBITDA · FY 2024
-₹3.03 Cr margin -18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 130%
3 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▼ 200%
Revenue has grown at a compounded annual rate (CAGR) of 144% over three years, including 130% growth in the latest year. EBITDA rose 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.03 Cr | ||||
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| Net Profit (PAT) | -₹3.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -19.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aipalette India Private Limited, buy the company report.
Board of directors of Aipalette India Private Limited
Aipalette India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Upreti | Nominee Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Dhakshayini Bidarguppe Gopalaiah | Director | 14 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Aipalette India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kyoorius Communications Private Limited | ₹16.83 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Kott Software Private Limited | ₹16.83 Cr (FY 2025) | 10.0% | Ernakulam, Kerala, India | |||
| Prezentium India Private Limited | ₹16.83 Cr (FY 2025) | 19.0% | Bhubaneswar, Odisha, India | |||
| Handa Connect Private Limited | ₹16.82 Cr (FY 2024) | 7.0% | Sri Ganganagar, Rajasthan, India | |||
| Vereigen Media Private Limited | ₹16.82 Cr (FY 2024) | 26.0% | Nagar Road, Wadgaon Sheri, Maharashtra, India | |||
| Aipalette India Private Limitedthis company | ₹16.81 Cr (FY 2024) | -₹3.34 Cr | -19.8% | 130.0% | 56 | Bangalore, Karnataka, India |
| Hexacorp Technical Services Private Limited | ₹16.81 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India | |||
| Pebbles and Sand Consulting Services Private Limited | ₹16.8 Cr (FY 2025) | 65.0% | Delhi, India | |||
| Calling 24O7 BPO Services Private Limited | ₹16.79 Cr (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| Sparsa Digital Private Limited | ₹16.78 Cr (FY 2024) | 75.0% | Gurugram, Haryana, India | |||
| Towers Infotech Private Limited | ₹16.75 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Aipalette India Private Limited, buy the company report.
Auditor
Aipalette India Private Limited is audited by V M S Jhunjhunwala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M S Jhunjhunwala & Co. | FY 2023 | 015948S |
Shareholding
The shareholding of Aipalette India 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 Aipalette India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2024 | 100942373 | Others | ₹12 Cr | Satisfied | |
| 31 Jul 2023 | 100782534 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Aipalette India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Aipalette India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹11.85 Cr; the latest was in August 2021.
Total deals
1
Funding round
1
Disclosed funding
₹11.85 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round · Series A | ₹11.85 Cr | Investors: Exfinity Venture Partners, pi Ventures |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aipalette India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Aipalette India 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
No delayed payments to MSME suppliers are on our record for Aipalette India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aipalette India Private Limited has a workforce of 56 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
14.29%
GST
Aipalette India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCA2588H1Z0 | Karnataka | Active | 29 Feb 2020 |
To see the full GST registrations and return filing status of Aipalette India Private Limited, buy the company report.
Recent activity
Aipalette India Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ashim Datta ceased to be Director on 14 Feb 2023.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100782534 with Others was fully satisfied on 27 Jan 2026.
AGM
Aipalette India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aipalette India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 08 Jun 2024 via Charge ID 100942373 with Others was fully satisfied on 04 Mar 2025.
Charges
A charge with Others amounted to Rs. 1,200.00 Lakh with Charge ID 100942373 was registered on 08 Jun 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100782534 was registered on 31 Jul 2023.
Ceased
Ashim Datta ceased to be Director.
Appointed
Dhakshayini Bidarguppe Gopalaiah was appointed as Director.
Appointed
Ashim Datta was appointed as Director.
Appointed
Himanshu Upreti was appointed as Nominee Director.
Incorporation
03 Feb 2020
Aipalette India Private Limited was registered on 03 Feb 2020 with Roc Bangalore & aged 6 years 8 months as per MCA records.
News
Frequently asked questions
Aipalette India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 February 2020 (6+ years old) and is registered under CIN U72900KA2020FTC132255.
Aipalette India has 2 current directors:
- Himanshu Upreti - Nominee Director
- Dhakshayini Bidarguppe Gopalaiah - Director
The latest financial statements of Aipalette India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aipalette India is 29AATCA2588H1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Aipalette India is U72900KA2020FTC132255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aipalette India has 1 court case on record: 1 filed against it. 1 is pending.
Aipalette India was incorporated on 03 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Aipalette India has 1 deal on record (1 funding round), with disclosed funding of ₹11.85 Cr; the latest was in August 2021.
The peers of Aipalette India by revenue are Kyoorius Communications Private Limited, Kott Software Private Limited, Prezentium India Private Limited, Handa Connect Private Limited, Vereigen Media Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ashim Datta ceased to be Director on 14 Feb 2023. Dhakshayini Bidarguppe Gopalaiah was appointed as Director on 14 Feb 2023. Ashim Datta was appointed as Director on 03 Feb 2020. Aipalette India has 4 board changes on record in total.
Yes, Aipalette India is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0220858).