India's Richest People 2026 edition · 1 director · Source: Hurun India
- #551 Bhavish Aggarwal ₹6,100 Cr
Revenue · FY 2024
₹1,906.27 Cr
▼ 3% YoY
Net loss · FY 2024
₹328.49 Cr
Net margin -17.2%
EBITDA · FY 2024
₹78.09 Cr
EBITDA margin 4.1%
Authorised capital
₹5,843.85 Cr
Registered with MCA
Paid-up capital
₹5,839.3 Cr
Issued & subscribed
Open charges
₹27.76 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
415
Provident fund records
About Ani Technologies Private Limited
Data last updated:
Ani Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.
Its director Bhavish Aggarwal is #551 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2010PTC086596. Its GSTIN is 29AAJCA1389G1ZF (Karnataka). The company holds 28 GST registrations, of which 26 are active.
The company has an authorised share capital of ₹5,843.85 Cr and a paid-up capital of ₹5,839.3 Cr. It is led by directors including Bhavish Aggarwal (Managing Director) and Arun Sarin.
Its last annual general meeting (AGM) was held on 27 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 2024, the company reported a revenue of ₹1,906.27 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹328.49 Cr (net margin -17.2%) and EBITDA of ₹78.09 Cr (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 5% over five years.
The company has about 415 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.
The company is associated with 2 brands: Ola Wheels and Ola Cabs. As per MCA filings, the company has open charges of ₹27.76 Cr on record. Court records list 181 cases involving the company, including 79 filed by the company and 102 filed against it; 53 cases are pending. The company has 45 deals on record (24 funding rounds, 16 secondary share transfers, 5 rights issues), with disclosed funding of ₹19,045 Cr; the latest was in March 2023. The company has 9 MSME Form 1 returns on record between 2020 and 2024, listing 262 overdue payments to 143 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olacabs.com.
Company details
CIN U72900KA2010PTC086596
Registration Number 086596
Incorporation Date 03 December 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Ani Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900KA2010PTC086596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2010PTC086596 | Current |
| U72900PB2010PTC034472 | Previous |
| U72900MH2010PTC240894 | Previous |
Key People
Bhavish Aggarwal Managing Director Sumer Juneja Nominee Director Avnish Bajaj Nominee Director Recognitions & Rankings of Ani Technologies
Contact details
Ani Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is olacabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOla Campus Wing C Prestige Rmz Startech, Hosur Road Municipal Ward No. 67 Industrial Layout, Bangalore, Karnataka, India – 560095
- IndustryService, Information Technology Services
To see the full contact details of Ani Technologies Private Limited, buy the company report.
Comprehensive company report
Ani Technologies 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
₹799 ₹999 20% off excluding 18% GST
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Brands
Ani Technologies operates two associated brands: Ola Wheels and Ola Cabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an app-based platform for electric self-balancing scooter rentals. | olawheels.com | |
| Ride-hailing, electric vehicles, and financial solutions are provided via app. | olacabs.com |
Business activity
The main business activity of Ani Technologies 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 Ani Technologies Private Limited, buy the company report.
Financials of Ani Technologies Private Limited
FY 2024 filings availableAni Technologies Private Limited reported revenue of ₹1,906.27 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹1,906.27 Cr ▼ 3%
Net loss · FY 2024
₹328.49 Cr margin -17.2%
EBITDA · FY 2024
₹78.09 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 24%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 499%
3 years · compounded
▲ 29%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 3% fall in the latest year. EBITDA rose 499% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,906.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹78.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹328.49 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -17.2% | ||||
| 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 Ani Technologies Private Limited, buy the company report.
Board of directors of Ani Technologies Private Limited
Ani Technologies has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumer Juneja Also directs: Oravel Stays Limited, Sorting Hat Technologies Private Limited | Nominee Director | 04 Apr 2019 | 7 Years 6 Months | Current |
| Bhavish Aggarwal Also directs: Ola Electric Mobility Limited, Ola Financial Services Private Limited, Krutrim Silicon Private Limited and 5 more | Managing Director | 03 Dec 2010 | 15 Years 10 Months | Current |
| Avnish Bajaj Also directs: Nuvo Aartizen Family Office LLP, Matrix Partners India Aif Manager LLP, Atv Ventures LLP and 5 more | Nominee Director | 12 Nov 2013 | 12 Years 11 Months | Current |
| Arun Sarin | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
| Krishnamurthy Venugopala Tenneti Also directs: Bhavishya Lakshmi Ventures LLP, Indegene Limited, Ola Electric Mobility Limited and 5 more | Director | 19 Jan 2017 | 9 Years 9 Months | Current |
| Sachin Bhatia | Nominee Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Ani Technologies Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2024 | 101049W/E300004 |
Shareholding
The shareholding of Ani Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ani Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.76 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2021 | 100502699 | Axis Bank Limited | ₹1 Lakh | Open | |
| 19 Feb 2021 | 100421701 | Axis Bank Limited | ₹27.75 Cr | Open |
To see the full charge records of Ani Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ani Technologies Private Limited has 45 deals on record (24 funding rounds, 16 secondary share transfers, 5 rights issues), with disclosed funding of ₹19,045 Cr; the latest was in March 2023.
Total deals
45
Funding rounds
24
Secondary share transfers
16
Rights issues
5
Disclosed funding
₹19,045 Cr
Deals on record (5 of 45)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Urjani Advisors LLP Seller: Vital Realcom LLP |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: Nuvama Private Equity (Edelweiss Private Equity) Seller: 4point0 Health Ventures |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Warburg Pincus, Temasek, Fort Canning Investments Pte Limited Seller: Tiger Global, 3 individuals |
| Mar 2020 | Rights issue | ₹25.6 Lakh | Investors: 2 individuals |
| Jan 2020 | Rights issue | ₹60.29 Cr | Investors: 4 individuals |
To see the full deal history of Ani Technologies 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
Ani Technologies Private Limited has 181 court cases on record: 79 filed by Ani Technologies, 102 filed against it. 53 cases are pending and 128 are disposed.
Total cases
181
Filed by the company
79
Filed against the company
102
Pending
53
Disposed
128
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 104 | 42 | 32 |
| District courts | 62 | 48 | 19 |
| Supreme Court | 8 | 5 | 2 |
| NCLAT | 7 | 7 | 0 |
Cases on record (5 of 181)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Flyola India Private Limited and Anr | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Sai Laxmi Building Elements Private Limited Through Utkarsh Morarka | Pending |
| High Court of Karnataka | Arbitration matter | Filed by the company against Flyola India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Crayon Software Experts India Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against Flyola India Private Limited | Pending |
To see the full case history of Ani Technologies 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
Ani Technologies Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 262 overdue payments to 143 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 143)
To see the full MSME payment records of Ani Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ani Technologies has 8 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
8
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ola Financial Services Private Limited | U22219KA2007PTC127705 | |
| Ola Fleet Technologies Private Limited | U63090KA2012PTC157478 | |
| Ola Capital Services Private Limited | U65929KA2019PTC123329 | |
| Af Capital Private Limited | U65999KA2019PTC128367 | |
| Pisces Eservices Private Limited | U72900KA2012PTC127609 | |
| Geospoc Geospatial Services Private Limited | U74900PN2015PTC155597 |
To see the full group structure of Ani Technologies Private Limited, buy the company report.
Employees & EPFO
Ani Technologies Private Limited has a workforce of 415 employees on its EPFO records as of Feb 10, 2026, across 1 active EPFO establishment.
Employee count
415
Active EPFO establishments
1
Employee growth
-36.93%
GST
Ani Technologies has 28 GST registrations: 26 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
28
Active
26
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA1389G1ZF | Karnataka | Active | 01 Jul 2017 |
| 29AAJCA1389G2ZE | Karnataka | Active | 08 Aug 2017 |
| 29AAJCA1389G1CQ | Karnataka | Active | 25 May 2019 |
| 36AAJCA1389G7ZE | Telangana | Active | 29 Jun 2017 |
To see the full GST registrations and return filing status of Ani Technologies Private Limited, buy the company report.
Recent activity
Ani Technologies Private Limited has 24 board changes on record since 2010: 7 appointments and 17 cessations. The latest: Sachin Bhatia was appointed as Nominee Director on 16 Apr 2025.
Charges
A charge with Axis Bank Limited of Rs. 27.75 Cr registered on 19 Feb 2021 with Charge ID 100421701 was modified on 23 Apr 2025.
Appointed
Sachin Bhatia was appointed as Nominee Director.
AGM
Ani Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Ani Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Guggilam Rajagopalan Arun Kumar ceased to be CFO.
Ceased
Bhavish Aggarwal ceased to be Director.
Ceased
Pramendra Tomar ceased to be Company Secretary.
Ceased
Ankit Bhati ceased to be Director.
Ceased
Harish Abichandani ceased to be Cfo(Kmp).
Charges
A charge with Axis Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100502699 was registered on 31 Jul 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 27.75 Cr with Charge ID 100421701 was registered on 19 Feb 2021.
Ceased
Sumer Juneja ceased to be Additional Director.
18 earlier events are in the company report.
News
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Frequently asked questions
Ani Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U72900KA2010PTC086596.
Ani Technologies has 6 current directors:
- Bhavish Aggarwal - Managing Director
- Sumer Juneja - Nominee Director
- Avnish Bajaj - Nominee Director
- Arun Sarin - Director
- Krishnamurthy Venugopala Tenneti - Director
- Sachin Bhatia - Nominee Director
The latest financial statements of Ani Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ani Technologies is 29AAJCA1389G1ZF, registered in Karnataka. The company has 28 GST registrations in all, of which 26 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAJCA1389G2ZE (Karnataka), 29AAJCA1389G1CQ (Karnataka), 36AAJCA1389G7ZE (Telangana).
The CIN (Corporate Identification Number) of Ani Technologies is U72900KA2010PTC086596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ani Technologies has 181 court cases on record: 79 filed by the company and 102 filed against it. 53 are pending. Most are in the high courts.
Ani Technologies was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Ani Technologies has 45 deals on record (24 funding rounds, 16 secondary share transfers, 5 rights issues), with disclosed funding of ₹19,045 Cr; the latest was in March 2023.
Sachin Bhatia was appointed as Nominee Director on 16 Apr 2025. Guggilam Rajagopalan Arun Kumar ceased to be CFO on 27 Jan 2024. Bhavish Aggarwal ceased to be Director on 04 Dec 2023. Ani Technologies has 24 board changes on record in total.
Ani Technologies has 9 MSME Form 1 returns on record between 2020 and 2024, listing 262 overdue payments to 143 micro and small suppliers. The latest return was filed on 03 May 2024.
Ani Technologies can be reached through the website olacabs.com. Its registered office is in Bangalore, Karnataka, India.