About Betsol Software (India) Private Limited
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Betsol Software (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 14 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC040215. Its GSTIN is 29AACCB9239R1ZT (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Reddy Venkataswamy Ashok and Bhavya Reddy.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Brigade Software Park # 501 5th Floor A Block 27th Cross Bsk 2nd Stage, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.18 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.2 Cr (net margin 9.7%) and EBITDA of ₹10.04 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
The company has about 564 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BetSol. The company has 4 deals on record (4 secondary share transfers); the latest was in April 2022. Its 10 peer companies in the Information Technology industry (Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Exodus Information Technology Private Limited with revenue of ₹75.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website betsol.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBrigade Software Park # 501 5th Floor A Block 27th Cross Bsk 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Betsol Software (India) Private Limited
The main business activity of Betsol Software (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Betsol Software (India) Private Limited FY 2025 filings available
Betsol Software (India) Private Limited reported revenue of ₹74.18 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Betsol Software (India) Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 11% 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 of Betsol Software (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.2 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Betsol Software (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Betsol Software (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Betsol Software (India) Private Limited
Betsol Software (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Exodus Information Technology Private Limited | ₹75.07 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Mumbai, Maharashtra, India |
| Sfa Sporting Services Private Limited | ₹75.04 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| Hidden Brains Infotech Private Limited | ₹74.89 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Ahmedabad, Gujarat, India |
| Easyrewardz Software Services Private Limited | ₹74.21 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Gurgaon, Haryana, India |
| Excellon Software Private Limited | ₹74.21 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Nagpur, Maharashtra, India |
| Betsol Software (India) Private Limited this company | ₹74.18 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Crayon IT Services Private Limited | ₹73.5 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Mumbai, Maharashtra, India |
| Intergraph Sg&I India Private Limited | ₹73.29 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Veeam Software Private Limited | ₹72.3 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Buildbazaar Technologies (India) Private Limited | ₹71.9 Cr (FY 2025) | •••• | •••• | 153.0% | •••• | Mumbai, Maharashtra, India |
| Info-X Software Technology Private Limited | ₹71.88 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Betsol Software (India) by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Betsol Software (India) Private Limited
Betsol Software (India) Private Limited is audited by V R J A & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V R J A & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Betsol Software (India) Private Limited
Betsol Software (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddy Venkataswamy Ashok Also directs: Betsol Private Limited, Wildgrass Infra Private Limited | Director | 15 Apr 2013 | 13 Years 5 Months | Current |
| Bhavya Reddy Also directs: Betsol Private Limited, Wildgrass Infra Private Limited | Director | 21 Apr 2017 | 9 Years 5 Months | Current |
| Chandan Krishna Reddy Also directs: Betsol Private Limited, Wildgrass Infra Private Limited | Director | 29 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Betsol Software (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Betsol Software (India) Private Limited
Betsol Software (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Betsol Software (India) Private Limited
Betsol Software (India) Private Limited has 4 deals on record (4 secondary share transfers); the latest was in April 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Betsol Holdings Inc Seller: 2 individuals |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Betsol Software (India) Private Limited
Betsol Software (India) operates one associated brand: BetSol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed IT services provider | betsol.com |
Employees and EPFO Compliance at Betsol Software (India) Private Limited
Betsol Software (India) Private Limited has a workforce of 564 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Betsol Software (India) Private Limited
Betsol Software (India) Private Limited has 7 board changes on record since 2006: 5 appointments and 2 cessations. The latest: Chandan Krishna Reddy was appointed as Director on 29 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Betsol Software (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Betsol Software (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Betsol Software (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Betsol Software (India) Private Limited
Betsol Software (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB9239R1ZT | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Betsol Software (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Betsol Software (India) Private Limited
Betsol Software (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 14 August 2006 (20+ years old) and is registered under CIN U72200KA2006PTC040215.
Betsol Software (India) reported revenue of ₹74.18 Cr for FY 2025 (down 6% YoY).
Betsol Software (India) has 3 current directors:
- Reddy Venkataswamy Ashok - Director
- Bhavya Reddy - Director
- Chandan Krishna Reddy - Director
Betsol Software (India) reported a net profit of ₹7.2 Cr (net margin 9.7%) and EBITDA of ₹10.04 Cr (EBITDA margin 13.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Betsol Software (India) is 1% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Betsol Software (India) is 29AACCB9239R1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Betsol Software (India) is U72200KA2006PTC040215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Betsol Software (India) was incorporated on 14 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Betsol Software (India) has 4 deals on record (4 secondary share transfers); the latest was in April 2022.
The peers of Betsol Software (India) by revenue are Exodus Information Technology Private Limited, Sfa Sporting Services Private Limited, Hidden Brains Infotech Private Limited, Easyrewardz Software Services Private Limited, Excellon Software Private Limited and 5 more, all in the Information Technology industry (Software Services).
Chandan Krishna Reddy was appointed as Director on 29 Jan 2021. Kanthamma Chowdaiah ceased to be Director on 29 Jan 2021. Sanyasi Satyendra Kumar Santhosh ceased to be Director on 19 Oct 2018. Betsol Software (India) has 7 board changes on record in total.