About Converging Miinds
Converging Miinds is a Business Services company based in Bengaluru (India) founded in 2002. It delivers comprehensive payroll management services for businesses. It operates on a B2B model. Its Indian entity Converging Miinds Management Private Limited reported revenue of ₹1.40 Cr. Its focus areas include Services, Business Operations, Human Resources and Payroll Management.
Company details
Converging Miinds delivers comprehensive payroll management services for businesses through providing essential services, business operations, managing HR solutions, and managing payroll. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsBusiness Services
- Website convergingmiinds.com
- Legal Name Converging Miinds Management Private Limited
- Date of Incorporation 02 Apr, 2002
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.40 Cr
FY 2025 · +15% YoY
- Net Loss-₹3.6 Lakh
FY 2025 · -3% margin
- EBITDA₹1 Lakh
FY 2025 · 1% margin
Associated legal entities of Converging Miinds
Converging Miinds operates through Converging Miinds Management Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Converging Miinds Management Private Limited CIN U74140KA2002PTC030308 | Active | 02 Apr 2002 | Bangalore, Karnataka | ₹1.4 Cr | 3 | View details |
Board of directors of Converging Miinds Management Private Limited (Converging Miinds)
Converging Miinds Management Private Limited is the primary company behind Converging Miinds. The board of Converging Miinds Management Private Limited currently have 3 directors; the longest-serving is Ashraf Gadgul Bawa, appointed in 2002. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashraf Gadgul Bawa DIN 00659923 | Managing Director | 20 Aug 2002 | 24 yrs 2 mo | Converging Miinds Management Private Limited |
| Mumtaz Bava DIN 02985598 | Director | 16 Jun 2003 | 23 yrs 4 mo | Converging Miinds Management Private Limited |
| Gadugal Ahmad Bava DIN 05316595 | Director | 29 Oct 2016 | 9 yrs 11 mo | Converging Miinds Management Private Limited |
Financials of Converging Miinds
Figures of Converging Miinds Management Private Limited, the primary company behind Converging Miinds, for FY 2025. Revenue was ₹1.40 Cr (+15% year on year). Net loss was -₹3.6 Lakh (-3% margin). EBITDA was ₹1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +10% over three years and +9% over five years.
- ₹1.40 CrRevenue · FY 2025 · +15% YoY
- -₹3.6 LakhNet loss · -3% margin
- ₹1 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +10%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Converging Miinds Management Private Limited are on its company page.
Detailed financial statements for Converging Miinds
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Top companies in Flexible Pay & HR Tech Solutions
3 companies that operate in the same segment as Converging Miinds (Flexible Pay & HR Tech Solutions) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides HRM and payroll solutions for business management. | 2017 | Hyderabad, Telangana, India | USD 3.1 M | 203 | ||
Offers custom software, mobile apps, and SEO services to global businesses. | 2003 | Delhi, Delhi, India | USD 264.24 K | 48 | ||
Provides payroll, HR, and accounting outsourcing for efficient business management. | 2000 | Pune, Maharashtra, India |
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Frequently Asked Questions about Converging Miinds
Converging Miinds was founded in 2002.
Converging Miinds is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Converging Miinds, Converging Miinds Management Private Limited, reported revenue of ₹1.40 Cr for FY 2025, up 15% year on year.
Converging Miinds delivers comprehensive payroll management services for businesses through providing essential services, business operations, managing HR solutions, and managing payroll. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Converging Miinds operates through Converging Miinds Management Private Limited.
The legal entities of Converging Miinds currently have 3 directors, including Mumtaz Bava, Gadugal Ahmad Bava, Ashraf Gadgul Bawa.