Bima Sugam India Federation
About Bima Sugam India Federation
Data last updated:
Bima Sugam India Federation is a public not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 18 June 2024.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66290MH2024NPL427150.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹310.02 Cr. It is led by directors including Prasun Kumar Sikdar (Managing Director) and Sivakumar Gopalan.
Its last annual general meeting (AGM) was held on 17 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹26.03 Cr (net margin -142.9%) and EBITDA of -₹21.93 Cr (EBITDA margin -120.3%).
The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹11.6 Cr; the latest was in December 2024. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Wequity for Women and Technology Private Limited with revenue of ₹69.95 Lakh.
Company details
Contact details
Bima Sugam India Federation's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit No.602 6th Floor Tower B Prima Bay, Gate No 5 Tc – II Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072
- 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
Financials of Bima Sugam India Federation
FY 2026 filings availableBima Sugam India Federation reported revenue of ₹18.22 Cr (up 2470% YoY) for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹18.22 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹21.93 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹26.03 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 | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -120.3% | |
| Net Profit Margin | -142.9% | |
| 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 | ||
To see the full financial statements and ratios of Bima Sugam India Federation, buy the company report.
Board of directors of Bima Sugam India Federation
Bima Sugam India Federation has 11 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Gopalan | Director | 16 Jan 2026 | 0 Years 9 Months | Current |
| Ananta Barua Also directs: Invesco Asset Management (India) Private Limited | Director | 16 Jan 2026 | 0 Years 9 Months | Current |
| Mayank Bathwal | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Rakesh Joshi Also directs: Kaustubh Motor Works LLP, Jana Small Finance Bank Limited, Sanchari Mobility Solutions Private Limited and 1 more | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
| Sanjeev Radheyshyam Mantri Also directs: Icici Lombard General Insurance Company Limited | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
| Mahesh Balasubramanian | Director | 18 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Bima Sugam India Federation is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bima Sugam India Federationthis company | ₹18.22 Cr (FY 2026) | -₹26.03 Cr | -142.9% | 2470.0% | Mumbai, Maharashtra, India | |
| Wequity for Women and Technology Private Limited | ₹69.95 Lakh (FY 2024) | -16.0% | Bangalore, Karnataka, India | |||
| Trackify Solutions Private Limited | ₹69.9 Lakh (FY 2024) | 19.0% | Mumbai, Maharashtra, India | |||
| Trademill Technologies Private Limited | ₹69.77 Lakh (FY 2024) | 76.0% | Thane, Maharashtra, India | |||
| Nithi Ventures Private Limited | ₹69.72 Lakh (FY 2020) | 18.0% | Mumbai, Maharashtra, India | |||
| Relicx.Ai India Private Limited | ₹69.61 Lakh (FY 2025) | -77.0% | Bangalore, Karnataka, India | |||
| Navya Technologies Private Limited | ₹69.02 Lakh (FY 2025) | -74.0% | Jamshedpur, Jharkhand, India | |||
| Mce Digitech Private Limited | ₹68.78 Lakh (FY 2018) | Kanpur, Uttar Pradesh, India | ||||
| CLBP System Private Limited | ₹68.64 Lakh (FY 2025) | Rajpura, Punjab, India | ||||
| Umwelt Peopletech Solutions Private Limited | ₹68.38 Lakh (FY 2024) | 48.0% | Faridabad, Haryana, India | |||
| Falihos Agritechno Private Limited | ₹68.36 Lakh (FY 2023) | -31.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Bima Sugam India Federation, buy the company report.
Auditor
Bima Sugam India Federation is audited by CHATURVEDI & CO. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & CO. LLP | FY 2026 | 302137E/E300286 |
Shareholding
The shareholding of Bima Sugam India Federation is on record for 2 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bima Sugam India Federation, buy the company report.
Deals & funding
Bima Sugam India Federation has 2 deals on record (2 funding rounds), with disclosed funding of ₹11.6 Cr; the latest was in December 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round | ₹5 Cr | Investors: The New India Assurance Company Limited |
| Dec 2024 | Funding round | ₹6.6 Cr | Investors: HDFC Life Insurance Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bima Sugam India Federation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bima Sugam India Federation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bima Sugam India Federation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bima Sugam India Federation has 21 board changes on record since 2024: 11 appointments and 10 cessations. The latest: Vibha Umesh Padalkar was appointed as Director on 18 Jun 2026.
12 earlier events are in the company report.
News
Frequently asked questions
Bima Sugam India Federation is an active public not for profit company based in Mumbai, Maharashtra, India. It was incorporated on 18 June 2024 (2+ years old) and is registered under CIN U66290MH2024NPL427150.
Bima Sugam India Federation has 11 current directors:
- Prasun Kumar Sikdar - Managing Director
- Sivakumar Gopalan - Director
- Ananta Barua - Director
- Mayank Bathwal - Director
- Rakesh Joshi - Director
- Sanjeev Radheyshyam Mantri - Director
- Mahesh Balasubramanian - Director
- Tapan Kumar Singhel - Director
- Vibha Umesh Padalkar - Director
- Prakash Kumar - Nominee Director
- Devarayasamudram Srinivasan Ravindran - Nominee Director
The latest financial statements of Bima Sugam India Federation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 July 2026. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Bima Sugam India Federation is U66290MH2024NPL427150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bima Sugam India Federation was incorporated on 18 June 2024, making it 2+ years old. It is registered with the Registrar of Companies, Mumbai.
Bima Sugam India Federation has 2 deals on record (2 funding rounds), with disclosed funding of ₹11.6 Cr; the latest was in December 2024.
The peers of Bima Sugam India Federation by revenue are Wequity for Women and Technology Private Limited, Trackify Solutions Private Limited, Trademill Technologies Private Limited, Nithi Ventures Private Limited, Relicx.Ai India Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Vibha Umesh Padalkar was appointed as Director on 18 Jun 2026. Prakash Kumar was appointed as Nominee Director on 29 Apr 2026. Devarayasamudram Srinivasan Ravindran was appointed as Nominee Director on 24 Apr 2026. Bima Sugam India Federation has 21 board changes on record in total.
The registered office of Bima Sugam India Federation is at Unit No.602 6th Floor Tower B Prima Bay, Gate No 5 Tc – II Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.
Bima Sugam India Federation can be reached at its registered office: Unit No.602 6th Floor Tower B Prima Bay, Gate No 5 Tc – II Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.
Bima Sugam India Federation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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