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Beep Innovations Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.93 Cr
▼ 19% YoY
Net loss · FY 2025
₹45.24 Cr
Net margin -55.9%
EBITDA · FY 2025
-₹40.76 Cr
EBITDA margin -50.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹86.67 Lakh
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹52.5 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
174
Provident fund records
About Beep Innovations Private Limited
Data last updated:
Beep Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 03 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50500KA2020PTC179931. Its GSTIN is 29AAJCB0781B1ZU (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹86.67 Lakh. It is led by directors Hemir Vijaykumar Doshi and Abhishek Ashok Saraf.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.93 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹45.24 Cr (net margin -55.9%) and EBITDA of -₹40.76 Cr (EBITDA margin -50.4%). Revenue has grown at a compounded annual rate (CAGR) of 327% over three years.
The company has about 174 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BeepKart. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹52.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending. The company has 10 deals on record (7 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹170.61 Cr; the latest was in March 2024. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 2 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 beepkart.com.
Company details
CIN U50500KA2020PTC179931
Registration Number 179931
Incorporation Date 03 July 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Beep Innovations has one previous CIN (Corporate Identification Number): U50500MH2020PTC341390. The current CIN is U50500KA2020PTC179931, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50500KA2020PTC179931 | Current |
| U50500MH2020PTC341390 | Previous |
Recognitions & Rankings of Beep Innovations
Contact details
Beep Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is beepkart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#648 1st Main, 6th Sector, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Beep Innovations Private Limited, buy the company report.
Comprehensive company report
Beep Innovations 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
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Brands
Beep Innovations operates one associated brand: BeepKart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Used two-wheelers are sold via an online digital platform. | beepkart.com |
Business activity
The main business activity of Beep Innovations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Beep Innovations Private Limited, buy the company report.
Financials of Beep Innovations Private Limited
FY 2025 filings availableBeep Innovations Private Limited reported revenue of ₹80.93 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹80.93 Cr ▼ 19%
Net loss · FY 2025
₹45.24 Cr margin -55.9%
EBITDA · FY 2025
-₹40.76 Cr margin -50.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 327%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▼ 72%
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 327%. EBITDA rose 35% 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 | -₹40.76 Cr | ||||
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| Net Profit (PAT) | -₹45.24 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.4% | ||||
| Net Profit Margin | -55.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Beep Innovations Private Limited, buy the company report.
Board of directors of Beep Innovations Private Limited
Beep Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemir Vijaykumar Doshi | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
| Abhishek Ashok Saraf Also directs: Ultrabeep Ops Private Limited | Director | 03 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Beep Innovations Private Limited is audited by Guru Jana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru Jana & Associates | FY 2023 | 025194S |
Shareholding
The shareholding of Beep Innovations Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Beep Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹52.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2024 | 100952041 | Others | ₹10 Cr | Satisfied | |
| 29 May 2024 | 100937416 | Others | ₹15 Cr | Satisfied | |
| 29 Sep 2023 | 100813333 | Others | ₹10 Cr | Satisfied | |
| 30 Nov 2022 | 100718382 | Others | ₹10 Cr | Satisfied | |
| 02 May 2022 | 100579522 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Beep Innovations Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Beep Innovations Private Limited has 10 deals on record (7 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹170.61 Cr; the latest was in March 2024.
Total deals
10
Funding rounds
7
Debt financings
2
Secondary share transfer
1
Disclosed funding
₹170.61 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Funding round | ₹10,000 | Investors: BCCL |
| Dec 2022 | Debt financing | ₹10 Cr | Investors: InnoVen Capital |
| Oct 2022 | Funding round · Series A | ₹74.05 Cr | Investors: Vertex Ventures SE Asia & India, Stellaris Venture Partners, Chiratae Ventures (IDG) |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Doshi Ventures Trust Seller: an individual |
| Feb 2022 | Debt financing | ₹7.5 Cr | Investors: InnoVen Capital |
To see the full deal history of Beep Innovations 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
Beep Innovations Private Limited has 4 court cases on record: 4 filed by Beep Innovations. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Beep Innovations 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
Beep Innovations Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Haystack Marketing Services Private Limited | |||
| 3Five8 Technologies Private Limited |
To see the full MSME payment records of Beep Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Beep Innovations Private Limited has a workforce of 174 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
174
Active EPFO establishments
1
Employee growth
104.71%
GST
Beep Innovations has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB0781B1ZU | Karnataka | Active | 24 Aug 2021 |
| 27AAJCB0781B1ZY | Maharashtra | Active | 25 Aug 2020 |
| 27AAJCB0781B1C9 | Maharashtra | Active | 29 Aug 2020 |
| 33AAJCB0781B1Z5 | Tamil Nadu | Active | 05 Apr 2023 |
To see the full GST registrations and return filing status of Beep Innovations Private Limited, buy the company report.
Recent activity
Beep Innovations Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Ritesh Banglani ceased to be Nominee Director on 16 Jul 2025.
AGM
Beep Innovations Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Charges
A charge registered on 29 May 2024 via Charge ID 100937416 with Others was fully satisfied on 15 Sep 2025.
Ceased
Ritesh Banglani ceased to be Nominee Director.
Ceased
Meenakshi Sundaram ceased to be Nominee Director.
Ceased
Piyush Kharbanda ceased to be Nominee Director.
Charges
A charge registered on 28 Jun 2024 via Charge ID 100952041 with Others was fully satisfied on 29 Apr 2025.
Filing
Beep Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 30 Nov 2022 via Charge ID 100718382 with Others was fully satisfied on 16 Oct 2024.
Charges
A charge registered on 29 Sep 2023 via Charge ID 100813333 with Others was fully satisfied on 23 Jul 2024.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100952041 was registered on 28 Jun 2024.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100937416 was registered on 29 May 2024.
Charges
A charge registered on 02 May 2022 via Charge ID 100579522 with Others was fully satisfied on 10 May 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Beep Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U50500KA2020PTC179931.
Beep Innovations has 2 current directors:
- Hemir Vijaykumar Doshi - Director
- Abhishek Ashok Saraf - Director
The latest financial statements of Beep Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Beep Innovations is 29AAJCB0781B1ZU, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAJCB0781B1ZY (Maharashtra), 27AAJCB0781B1C9 (Maharashtra), 33AAJCB0781B1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Beep Innovations is U50500KA2020PTC179931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Beep Innovations has 4 court cases on record: 4 filed by the company. 2 are pending.
Beep Innovations was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Beep Innovations has 10 deals on record (7 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹170.61 Cr; the latest was in March 2024.
Ritesh Banglani ceased to be Nominee Director on 16 Jul 2025. Meenakshi Sundaram ceased to be Nominee Director on 15 Jul 2025. Piyush Kharbanda ceased to be Nominee Director on 15 Jul 2025. Beep Innovations has 8 board changes on record in total.
Yes, Beep Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Beep Innovations has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.