
About Alwaysblue Labs Private Limited
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Alwaysblue Labs Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 September 2020.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC369886. Its GSTIN is 07AAUCA0422B1CF (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.19 Lakh. It is led by directors Anurag Jain and Mukul Khurana.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F – 188 G/F Vikas Puri Oxford School, Delhi, India – 110018.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.05 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.33 Cr and EBITDA of -₹2.27 Cr.
The company is associated with 3 brands: Qorner, Alwaysblue Labs and Kraze. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.17 Cr; the latest was in January 2022. 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 Thinkpro Global IT Services Private Limited with revenue of ₹21.09 Lakh.
The last known website on record is alwaysblue.in.
Company details
Recognitions & Rankings of Alwaysblue Labs
Contact details
Alwaysblue Labs Private Limited's registered office is in Delhi, Delhi. Its website is alwaysblue.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 188 G/F Vikas Puri Oxford School, Delhi, India – 110018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Alwaysblue Labs 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
Alwaysblue Labs operates multiple associated brands including Qorner, Alwaysblue Labs, and Kraze. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an app-based solution for managing income and expenses tailored to freelancers and content creators. | qorner.co | |
| App-based platform for making predictions on TV shows. | krazeapp.com | |
| Delivers end-to-end software development services, encompassing design, coding, and application maintenance. | alwaysblue.in |
Business activity
The main business activity of Alwaysblue Labs 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 Alwaysblue Labs Private Limited, buy the company report.
Financials of Alwaysblue Labs Private Limited
FY 2023 filings availableAlwaysblue Labs Private Limited reported revenue of ₹21.05 Lakh (up 3916% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹21.05 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.27 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.33 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 | |||
To see the full financial statements and ratios of Alwaysblue Labs Private Limited, buy the company report.
Board of directors of Alwaysblue Labs Private Limited
Alwaysblue Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Jain | Director | 14 Oct 2021 | 5 Years 0 Months | As last reported |
| Mukul Khurana | Director | 14 Sep 2020 | 6 Years 1 Months | As last reported |
Peer comparison
Alwaysblue Labs 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 |
|---|---|---|---|---|---|---|
| Thinkpro Global IT Services Private Limited | ₹21.09 Lakh (FY 2021) | -77.0% | Hyderabad, Telangana, India | |||
| Yreach Media Private Limited | ₹21.08 Lakh (FY 2021) | -49.0% | Hyderabad, Telangana, India | |||
| Lumic Telecom Private Limited | ₹21.08 Lakh (FY 2024) | 5.0% | Pune, Maharashtra, India | |||
| Essence Cellcom Private Limited | ₹21.07 Lakh (FY 2024) | -48.0% | Delhi, India | |||
| Suresoft Tax Professionals Private Limited | ₹21.06 Lakh (FY 2025) | 49.0% | Ghaziabad, Uttar Pradesh, India | |||
| Alwaysblue Labs Private Limitedthis company | ₹21.05 Lakh (FY 2023) | -₹2.33 Cr | 3916.0% | Delhi, India | ||
| Sezzle Payments Private Limited | ₹21.05 Lakh (FY 2023) | -93.0% | Bangalore, Karnataka, India | |||
| Webnstack IT Solution Private Limited | ₹21.05 Lakh (FY 2024) | 64.0% | Jaipur, Rajasthan, India | |||
| Epitech Internet Private Limited | ₹21.05 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Third Eye Surveillance & Security Systems Private Limited | ₹21.04 Lakh (FY 2021) | -64.0% | Ranchi, Jharkhand, India | |||
| Sardar Mithu Singh Gill Sons Private Limited | ₹21.01 Lakh (FY 2022) | 106.0% | Ganganagar, Rajasthan, India |
To see the full peer comparison of Alwaysblue Labs Private Limited, buy the company report.
Auditor
Alwaysblue Labs Private Limited is audited by Amrutesh Durga and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amrutesh Durga and Co | FY 2023 | 013370S |
Shareholding
The shareholding of Alwaysblue Labs 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 Alwaysblue Labs Private Limited, buy the company report.
Deals & funding
Alwaysblue Labs Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.17 Cr; the latest was in January 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round · Seed | ₹5.17 Cr | Investors: Angel List, Redbrook Pte Limited, Titan Capital, an individual |
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 Alwaysblue Labs 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 Alwaysblue Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alwaysblue Labs Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Alwaysblue Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAUCA0422B1CF | Delhi | Active | 17 Apr 2021 |
To see the full GST registrations and return filing status of Alwaysblue Labs Private Limited, buy the company report.
Recent activity
Alwaysblue Labs Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Anurag Jain was appointed as Director on 14 Oct 2021.
Frequently asked questions
Alwaysblue Labs is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Alwaysblue Labs is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 September 2020 and is registered under CIN U72900DL2020PTC369886. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Alwaysblue Labs has 2 current directors:
- Anurag Jain - Director
- Mukul Khurana - Director
The latest financial statements of Alwaysblue Labs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Alwaysblue Labs is U72900DL2020PTC369886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alwaysblue Labs was incorporated on 14 September 2020. It is registered with the Registrar of Companies, Delhi.
Alwaysblue Labs has 1 deal on record (1 funding round), with disclosed funding of ₹5.17 Cr; the latest was in January 2022.
The peers of Alwaysblue Labs by revenue are Thinkpro Global IT Services Private Limited, Yreach Media Private Limited, Lumic Telecom Private Limited, Essence Cellcom Private Limited, Suresoft Tax Professionals Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Anurag Jain was appointed as Director on 14 Oct 2021. Divya Rahul Sarkar ceased to be Director on 14 Oct 2021. Mukul Khurana was appointed as Director on 14 Sep 2020.
Yes, Alwaysblue Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Alwaysblue Labs can be reached through the website alwaysblue.in. Its registered office is in Delhi, India.

