About Algorithm Ventures Private Limited
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Algorithm Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014PTC256063. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Hari Krishna Nigam and Urvija Nigam.
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 A1002 10th Floor Panchsheel Heights Sector 5 Dahanukarwadi Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.73 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹84,769 (net margin -9.7%) and EBITDA of -₹84,769 (EBITDA margin -9.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 33% over five years.
The company is associated with 1 brand: Algorithm Ventures.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website algoventures.com.
Company details
Contact details
Algorithm Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is algoventures.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA1002 10th Floor Panchsheel Heights Sector 5 Dahanukarwadi Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Algorithm Ventures 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
Brands
Algorithm Ventures operates one associated brand: Algorithm Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom application development services for enterprises. | algoventures.com |
Business activity
The main business activity of Algorithm Ventures is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Algorithm Ventures Private Limited, buy the company report.
Financials of Algorithm Ventures Private Limited
FY 2025 filings availableAlgorithm Ventures Private Limited reported revenue of ₹8.73 Lakh (down 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 74% fall in the latest year. EBITDA fell 123% 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 | -₹84,769 | ||||
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| Net Profit (PAT) | -₹84,769 | ||||
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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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| EBITDA Margin | -9.7% | ||||
| Net Profit Margin | -9.7% | ||||
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To see the full financial statements and ratios of Algorithm Ventures Private Limited, buy the company report.
Board of directors of Algorithm Ventures Private Limited
Algorithm Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hari Krishna Nigam | Director | 15 Jul 2014 | 12 Years 3 Months | Current |
| Urvija Nigam | Director | 15 Jul 2014 | 12 Years 3 Months | Current |
| Shachi Rairiakr | Additional Director | 13 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Algorithm Ventures Private Limited is audited by PRAJAPATI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAJAPATI & ASSOCIATES | FY 2021 | 118254W |
Shareholding
The shareholding of Algorithm Ventures Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Algorithm Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Algorithm 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 Algorithm Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Algorithm Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Algorithm Ventures Private Limited, buy the company report.
Recent activity
Algorithm Ventures Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Shachi Rairiakr was appointed as Additional Director on 13 Nov 2024.
Frequently asked questions
Algorithm Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 July 2014 (12+ years old) and is registered under CIN U74120MH2014PTC256063.
Algorithm Ventures has 3 current directors:
- Hari Krishna Nigam - Director
- Urvija Nigam - Director
- Shachi Rairiakr - Additional Director
The latest financial statements of Algorithm Ventures 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 2015 are in the company report.
No. Algorithm Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Algorithm Ventures is U74120MH2014PTC256063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algorithm Ventures was incorporated on 15 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Shachi Rairiakr was appointed as Additional Director on 13 Nov 2024. Hari Krishna Nigam was appointed as Director on 15 Jul 2014. Urvija Nigam was appointed as Director on 15 Jul 2014.
Algorithm Ventures can be reached through the website algoventures.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Algorithm Ventures is at A1002 10th Floor Panchsheel Heights Sector 5 Dahanukarwadi Kandivali West, Mumbai, Maharashtra, India – 400067.
Algorithm Ventures operates in the financial services industry, in the diversified financial services segment.
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