About Sate Development
Sate Development is a Technology company based in Mumbai (India) founded in 2014 by Nakul Shah. It offers blockchain development, consulting, and ICO services to businesses worldwide. It operates on a B2B and Consulting Services model. Its Indian entity Sate Process Equipment Pvt Ltd reported revenue of ₹18.1 Lakh. Sate Development offers products and services including Blockchain Software Development, ICO Services, Blockchain Testing, Blockchain Training, and Crypto Exchange Development. Its focus areas include Blockchain Tech, Enterprise Solutions, ICO Services and IoT.
Company details
Sate Development specializes in blockchain technology, creating enterprise solutions that replace traditional intermediaries with secure systems. They provide services such as ICO marketing, blockchain testing, software development, and training. Based in Mumbai, India, the company serves enterprises, SMEs, startups, and high-net-worth individuals across various sectors including finance and IT. Their global presence includes offices in Europe, Americas, and Asia Pacific, focusing on custom blockchain applications and consulting.
- Headquarters Mumbai, India
- Founders Nakul Shah
- SectorsTechnology
- Email••••••••
- Website satedev.com
- Social LinkedIn X Facebook Instagram
- Legal Name Sate Process Equipment Pvt Ltd
- Date of Incorporation 11 Jun, 1993
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹18.1 Lakh
FY 2025 · -53% YoY
- Net Loss-₹9.2 Lakh
FY 2025 · -51% margin
- EBITDA-₹63,514
FY 2025 · -4% margin
Associated legal entities of Sate Development
Sate Development operates through Sate Process Equipment Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Sate Process Equipment Pvt Ltd CIN U74899MH1993PTC072355 | Active | 11 Jun 1993 | Mumbai, Maharashtra | ₹0.2 Cr | 2 | View details |
Products & Services of Sate Development
Sate Development offers a comprehensive portfolio of products and services, including Blockchain Software Development, ICO Services, Blockchain Testing, Blockchain Training, and Crypto Exchange Development.
Develops blockchain applications for enterprises and startups.
Provides strategy, marketing, and technology for initial coin offerings.
Offers testing services for blockchain security and functionality.
Delivers courses on blockchain basics and advanced topics.
Builds peer-to-peer and admin software for crypto exchanges.
Board of directors of Sate Process Equipment Pvt Ltd (Sate Development)
Sate Process Equipment Pvt Ltd is the primary company behind Sate Development. The board of Sate Process Equipment Pvt Ltd currently have 2 directors; the longest-serving is Satish Amritlal Shah, appointed in 1993. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Amritlal Shah DIN 00116923 | Director | 11 Jun 1993 | 33 yrs 4 mo | Sate Process Equipment Pvt Ltd |
| Nakul Satish Shah DIN 07849964 | Director | 20 Jun 2017 | 9 yrs 4 mo | Sate Process Equipment Pvt Ltd |
People of Sate Development
1 people are tracked at Sate Development (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, Director | Leadership |
Complete people profiles for Sate Development
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Financials of Sate Development
Figures of Sate Process Equipment Pvt Ltd, the primary company behind Sate Development, for FY 2025. Revenue was ₹18.1 Lakh (-53% year on year). Net loss was -₹9.2 Lakh (-51% margin). EBITDA was -₹63,514 (-4% margin). Revenue has grown at a compounded annual rate of -22% over three years and -9% over five years.
- ₹18.1 LakhRevenue · FY 2025 · -53% YoY
- -₹9.2 LakhNet loss · -51% margin
- -₹63,514EBITDA · -4% margin
- ₹25 LakhPaid-up capital
- -22%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sate Process Equipment Pvt Ltd are on its company page.
Detailed financial statements for Sate Development
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Frequently Asked Questions about Sate Development
Sate Development was founded in 2014.
Sate Development is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Sate Development, Sate Process Equipment Pvt Ltd, reported revenue of ₹18.1 Lakh for FY 2025, down 53% year on year.
Sate Development specializes in blockchain technology, creating enterprise solutions that replace traditional intermediaries with secure systems. They provide services such as ICO marketing, blockchain testing, software development, and training. Based in Mumbai, India, the company serves enterprises, SMEs, startups, and high-net-worth individuals across various sectors including finance and IT. Their global presence includes offices in Europe, Americas, and Asia Pacific, focusing on custom blockchain applications and consulting.
Sate Development offers Blockchain Software Development, ICO Services, Blockchain Testing, Blockchain Training, and Crypto Exchange Development.
Sate Development operates through Sate Process Equipment Pvt Ltd.
The legal entities of Sate Development currently have 2 directors, including Nakul Satish Shah, Satish Amritlal Shah.