About Akuate Internet Services Private Limited
Data last updated:
Akuate Internet Services Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Times Internet Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the online streaming platforms segment of the internet and digital services sector. It was incorporated on 17 November 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U64202DL2004PTC349760. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Joy Deb Kumar Basu and Rajendra Singh.
Its last annual general meeting (AGM) was held on 28 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Express Building 9 – 10 Bahadurshah Zafar Marg, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2020, the company reported a revenue of ₹156.62 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹49.87 Cr (net margin 31.8%) and EBITDA of ₹70.57 Cr (EBITDA margin 45.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 29% over five years.
The company had about 100 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Cricbuzz. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in May 2017. Its 9 peer companies in the Ecommerce and Internet industry (Streaming Media) are compared by revenue, 4 larger and 5 smaller; the largest is Netflix Entertainment Services India LLP with revenue of ₹3,841.91 Cr.
The last known website on record is cricbuzz.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressExpress Building 9 – 10 Bahadurshah Zafar Marg, New Delhi, Delhi, India – 110002
- IndustryInternet, Online Streaming Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Akuate Internet Services Private Limited
The main business activity of Akuate Internet Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akuate Internet Services Private Limited FY 2020 filings available
Akuate Internet Services Private Limited reported revenue of ₹156.62 Cr (up 18% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Akuate Internet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 18% growth in the latest year. EBITDA rose 1% 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 of Akuate Internet Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹156.62 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹70.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.87 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Akuate Internet Services Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akuate Internet Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akuate Internet Services Private Limited
Akuate Internet Services Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Streaming Media). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netflix Entertainment Services India LLP | ₹3,841.91 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Mohalla Tech Private Limited | ₹757.05 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Hungama Digital Media Entertainment Private Limited | ₹244.4 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Global Rhythm Limited | ₹162.71 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Akuate Internet Services Private Limited this company | ₹156.62 Cr (FY 2020) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Lokdhun Telemedia Private Limited | ₹119.92 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Hoichoi Technologies Private Limited | ₹84.86 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Vama Projects Private Limited | ₹76.83 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Ahmedabad, Gujarat, India |
| Greenhorn Wellness Private Limited | ₹75.78 Cr (FY 2025) | •••• | •••• | 1481.0% | •••• | Bangalore, Karnataka, India |
| Multistream Technologies Private Limited | ₹69.02 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Akuate Internet Services by revenue in the Ecommerce and Internet industry (Streaming Media), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akuate Internet Services Private Limited
Akuate Internet Services Private Limited is audited by LODHA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akuate Internet Services Private Limited
Akuate Internet Services has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joy Deb Kumar Basu Also directs: Cricbuzz Global Enterprises Limited, Times Internet Limited | Nominee Director | 16 Jun 2017 | 9 Years 3 Months | As last reported |
| Rajendra Singh Also directs: Times Ib Studio Limited, Cricbuzz Platforms Limited, Chandrayan Technologies Private Limited and 3 more | Nominee Director | 16 Apr 2019 | 7 Years 5 Months | As last reported |
| Mahesh Chand Gupta Also directs: Times Ib Studio Limited, Cricbuzz Platforms Limited, Databack Media Private Limited and 5 more | Nominee Director | 10 Feb 2017 | 9 Years 8 Months | As last reported |
Ownership and Shareholding of Akuate Internet Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akuate Internet Services Private Limited
Akuate Internet Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Akuate Internet Services Private Limited
Akuate Internet Services Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in May 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Times Internet Limited & Gaurav Sarin, Times Internet Limited & Mrinal Kanti Dhara, Times Internet Limited & Manish Mishra Seller: an individual |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2014 | Acquisition | ₹88.1 Cr | Buyer: an individual Seller: 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Akuate Internet Services Private Limited
Akuate Internet Services Private Limited has 7 court cases on record: 1 filed by Akuate Internet Services, 6 filed against it. 3 cases are pending and 4 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 1 |
| Supreme Court | 2 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Jiostar India Private Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Jiostar India Private Limited | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Jiostar India Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Jiostar India Private Limited | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Jiostar India Private Limited | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Akuate Internet Services Private Limited
Akuate Internet Services operates one associated brand: Cricbuzz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operator of a website providing live cricket scores, news, and schedules | cricbuzz.com |
Employees and EPFO Compliance at Akuate Internet Services Private Limited
Akuate Internet Services Private Limited has a workforce of 100 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Akuate Internet Services Private Limited
Akuate Internet Services has one previous CIN (Corporate Identification Number): U64202KA2004PTC035042. The current CIN is U64202DL2004PTC349760, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64202DL2004PTC349760 | Current |
| U64202KA2004PTC035042 | Previous |
News related to Akuate Internet Services Private Limited
Recent Activity on Akuate Internet Services Private Limited
Akuate Internet Services Private Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Pratik Mazumder ceased to be Nominee Director on 16 Apr 2019.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akuate Internet Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akuate Internet Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akuate Internet Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akuate Internet Services Private Limited
Akuate Internet Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akuate Internet Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akuate Internet Services Private Limited
Akuate Internet Services 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.
Akuate Internet Services was a private limited company based in New Delhi, Delhi, India. The company worked in online streaming platforms, within the internet industry. It was incorporated on 17 November 2004 and is registered under CIN U64202DL2004PTC349760. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Akuate Internet Services was incorporated on 17 November 2004. It is registered with the Registrar of Companies, Delhi.
Akuate Internet Services had 3 directors:
- Joy Deb Kumar Basu - Nominee Director
- Rajendra Singh - Nominee Director
- Mahesh Chand Gupta - Nominee Director
The CIN (Corporate Identification Number) of Akuate Internet Services is U64202DL2004PTC349760. 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 Akuate Internet Services is at Express Building 9 – 10 Bahadurshah Zafar Marg, New Delhi, Delhi, India – 110002.
Akuate Internet Services can be reached through the website cricbuzz.com. Its registered office is in New Delhi, Delhi, India.
Akuate Internet Services reported revenue of ₹156.62 Cr for FY 2020 (up 18% YoY).
Akuate Internet Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Akuate Internet Services reported a net profit of ₹49.87 Cr (net margin 31.8%) and EBITDA of ₹70.57 Cr (EBITDA margin 45.1%) for FY 2020, as per its filed financial statements.
No. Akuate Internet Services has 2 GST registrations on record and all of them are cancelled or inactive.