
About Bizcovr Technologies Private Limited
Data last updated:
Bizcovr Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 24 April 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023PTC172726. Its GSTIN is 29AALCB5467G1Z9 (Karnataka).
The company has an authorised share capital of ₹15.3 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Sachin Lahanu Bhusal and Ankit Kamra.
Its last annual general meeting (AGM) was held on 30 September 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 ₹31.76 Lakh, a growth of 129% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Cr (net margin -393.3%) and EBITDA of -₹1.65 Cr.
The company is associated with 1 brand: Covrzy. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in July 2023.
For more details, the company can be reached via its website covrzy.com.
Company details
Contact details
Bizcovr Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address13031 Sobha Dream Acres No 77/10 To 77/5 75/6 Etc, Balagere Village, Bangalore, Karnataka, India – 560087
- IndustryFinancial Services, Insurance Brokerage & Advisory
- 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
Bizcovr Technologies operates one associated brand: Covrzy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business insurance is provided for startups and various industries. | covrzy.com |
Business activity
The main business activity of Bizcovr Technologies 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 Bizcovr Technologies Private Limited, buy the company report.
Financials of Bizcovr Technologies Private Limited
FY 2025 filings availableBizcovr Technologies Private Limited reported revenue of ₹31.76 Lakh (up 129% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 129% in the latest year. EBITDA fell 62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹1.65 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.25 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 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | -393.3% | |
| 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 Bizcovr Technologies Private Limited, buy the company report.
Board of directors of Bizcovr Technologies Private Limited
Bizcovr Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Lahanu Bhusal | Director | 01 Jul 2025 | 1 Years 4 Months | Current |
| Ankit Kamra | Director | 24 Apr 2023 | 3 Years 6 Months | Current |
Deals & funding
Bizcovr Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in July 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Funding round · Pre-seed | ₹3.2 Cr | Investors: Antler India, Shastra VC (Veda Venture Capital) |
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 Bizcovr Technologies Private Limited 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 Bizcovr Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bizcovr Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCB5467G1Z9 | Karnataka | Active | 26 May 2023 |
To see the full GST registrations and return filing status of Bizcovr Technologies Private Limited, buy the company report.
Recent activity
Bizcovr Technologies Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Sachin Lahanu Bhusal ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Bizcovr Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 24 April 2023 (3+ years old) and is registered under CIN U62099KA2023PTC172726.
Bizcovr Technologies has 2 current directors:
- Sachin Lahanu Bhusal - Director
- Ankit Kamra - Director
The latest financial statements of Bizcovr Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Bizcovr Technologies is 29AALCB5467G1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Bizcovr Technologies is U62099KA2023PTC172726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bizcovr Technologies was incorporated on 24 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Bizcovr Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in July 2023.
Sachin Lahanu Bhusal ceased to be Additional Director on 29 Sep 2025. Thota Veera Venkata Ratna Kumar ceased to be Director on 03 Jul 2025. Sachin Lahanu Bhusal was appointed as Director on 01 Jul 2025. Bizcovr Technologies has 4 board changes on record in total.
Bizcovr Technologies can be reached through the website covrzy.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Bizcovr Technologies is at 13031 Sobha Dream Acres No 7710 To 775 756 Etc, Balagere Village, Bangalore, Karnataka, India – 560087.

