About Betterplace Safety Solutions Private Limited
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Betterplace Safety Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 01 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC078053. Its GSTIN is 29AAGCB1498L1Z4 (Karnataka). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.81 Cr and a paid-up capital of ₹3.82 Cr. It is led by directors including Saurabh Tandon and Pravin Kumar Agarwala.
Its last annual general meeting (AGM) was held on 26 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 144 144/1 1st Floor Shubharam Complex M.G.Road, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.71 Cr. For the same year it recorded a net loss of ₹161.33 Cr (net margin -213.1%) and EBITDA of -₹90.57 Cr (EBITDA margin -119.6%).
The company has about 303 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: BetterPlace and MyRocket. As per MCA filings, the company has open charges of ₹66.01 Cr and satisfied charges of ₹64.68 Cr on record. Court records list 23 cases involving the company, including 21 filed by the company and 2 filed against it; 9 cases are pending. The company has 23 deals on record (15 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹708.52 Cr; the latest was in September 2025. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 158 overdue payments to 25 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 betterplace.co.in.
Company details
Contact details
Betterplace Safety Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is betterplace.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address144 144/1 1st Floor Shubharam Complex M.G.Road, Bengaluru, Karnataka, India – 560001
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Betterplace Safety Solutions Private Limited, buy the company report.
- 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
Brands
Betterplace Safety Solutions operates two associated brands: BetterPlace and MyRocket. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Human capital management platform for frontline workforce is provided. | betterplace.co.in | |
| Multi-industry jobs are matched to users via an online platform. | myrocket.co |
Business activity
The main business activity of Betterplace Safety Solutions 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 Betterplace Safety Solutions Private Limited, buy the company report.
Financials of Betterplace Safety Solutions Private Limited
FY 2025 filings availableBetterplace Safety Solutions Private Limited reported revenue of ₹75.71 Cr for FY 2025.
Financial Statement Summary
| 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 | ₹75.71 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹90.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹161.33 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 | -119.6% | ||||
| Net Profit Margin | -213.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Betterplace Safety Solutions Private Limited, buy the company report.
Board of directors of Betterplace Safety Solutions Private Limited
Betterplace Safety Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Srivastava Also directs: Procyour Private Limited | Nominee Director | 07 Nov 2020 | 5 Years 11 Months | Current |
| Saurabh Tandon Also directs: Betterplace Financial Services Private Limited, Mserv Technologies Private Limited, Oust Labs India Private Limited and 1 more | Director | 07 Nov 2020 | 5 Years 11 Months | Current |
| Pravin Kumar Agarwala Also directs: Capria Manager Mooru LLP, Betterplace Financial Services Private Limited, Mserv Technologies Private Limited and 3 more | Director | 01 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Betterplace Safety Solutions Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2025 | 012754N/N500016 |
Shareholding
The shareholding of Betterplace Safety Solutions 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 Betterplace Safety Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2024 | 101021717 | Axis Bank Limited | ₹1 Lakh | Open | |
| 05 Aug 2023 | 100854285 | Others | ₹66 Cr | Open | |
| 05 Aug 2023 | 100808119 | Others | ₹24 Cr | Satisfied | |
| 07 Jul 2023 | 100741988 | The Hongkong and Shanghai Banking Corporation Limited | ₹39.88 Cr | Satisfied | |
| 27 Feb 2021 | 100419320 | Axis Bank Limited | ₹79.66 Lakh | Satisfied |
To see the full charge records of Betterplace Safety Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Betterplace Safety Solutions Private Limited has 23 deals on record (15 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹708.52 Cr; the latest was in September 2025.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round · Series D | ₹41.91 Cr | Investors: Jungle Ventures, Capria Ventures, 3One4 Capital |
| May 2024 | Debt financing | ₹24 Cr | Investors: InnoVen Capital |
| Mar 2024 | Funding round | ₹1.9 Lakh | Investors: Senshine Capital Company Limited, Sakura Corporation, 2 individuals |
| Aug 2023 | Debt financing | ₹66 Cr | Investors: InnoVen Capital, Alteria Capital |
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Emerge Capital |
To see the full deal history of Betterplace Safety Solutions 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
Betterplace Safety Solutions Private Limited has 23 court cases on record: 21 filed by Betterplace Safety Solutions, 2 filed against it. 9 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 1 | 7 |
| High courts | 5 | 1 | 2 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Needs Manpower Support Services Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Apollo Supply Chain Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Pidilite Industries Limited | Pending |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Ms Salora Capital Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Rainbow Childrens Medicare Limited | Disposed |
To see the full case history of Betterplace Safety Solutions 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
Betterplace Safety Solutions Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 158 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| DGS Searching Point | |||
| an individual supplier | |||
| Manas Merchandise Private Limited | |||
| Doconline Health India Pvt Ltd |
To see the full MSME payment records of Betterplace Safety Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Betterplace Safety Solutions has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mserv Technologies Private Limited | U72200KA2016PTC096412 | |
| Oust Labs India Private Limited | U72900KA2015PTC083113 | |
| Aasaanjobs Private Limited | U74900KA2014PTC180137 |
To see the full group structure of Betterplace Safety Solutions Private Limited, buy the company report.
Employees & EPFO
Betterplace Safety Solutions Private Limited has a workforce of 303 employees on its EPFO records as of Jan 07, 2026, across 1 active EPFO establishment.
GST
Betterplace Safety Solutions has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB1498L1Z4 | Karnataka | Active | 01 Jul 2017 |
| 29AAGCB1498L2Z3 | Karnataka | Active | 01 Apr 2025 |
| 06AAGCB1498L1ZC | Haryana | Active | 09 Nov 2023 |
To see the full GST registrations and return filing status of Betterplace Safety Solutions Private Limited, buy the company report.
Recent activity
Betterplace Safety Solutions Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Aparajita Jethy Ahuja ceased to be Nominee Director on 12 Mar 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Betterplace Safety Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 01 January 2015 (11+ years old) and is registered under CIN U74900KA2015PTC078053.
Betterplace Safety Solutions has 3 current directors:
- Anurag Srivastava - Nominee Director
- Saurabh Tandon - Director
- Pravin Kumar Agarwala - Director
The latest financial statements of Betterplace Safety Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Betterplace Safety Solutions is 29AAGCB1498L1Z4, registered in Karnataka. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAGCB1498L2Z3 (Karnataka), 06AAGCB1498L1ZC (Haryana).
The CIN (Corporate Identification Number) of Betterplace Safety Solutions is U74900KA2015PTC078053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Betterplace Safety Solutions has 23 court cases on record: 21 filed by the company and 2 filed against it. 9 are pending. Most are in the district courts.
Betterplace Safety Solutions was incorporated on 01 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Betterplace Safety Solutions has 23 deals on record (15 funding rounds, 3 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹708.52 Cr; the latest was in September 2025.
Aparajita Jethy Ahuja ceased to be Nominee Director on 12 Mar 2025. Uday Singh ceased to be Director on 12 Mar 2025. William Pooleviii ceased to be Nominee Director on 12 Mar 2025. Betterplace Safety Solutions has 11 board changes on record in total.
Betterplace Safety Solutions has 5 MSME Form 1 returns on record between 2021 and 2024, listing 158 overdue payments to 25 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Betterplace Safety Solutions can be reached through the website betterplace.co.in. Its registered office is in Bengaluru, Karnataka, India.