Bizcovr Technologies Private Limited

Bizcovr Technologies Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U62099KA2023PTC172726 Incorporated 24 April 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹31.76 Lakh
▲ 129% YoY
Net loss · FY 2025
₹1.25 Cr
Net margin -393.3%
EBITDA · FY 2025
-₹1.65 Cr
Latest filing
Authorised capital
₹15.3 Lakh
Registered with MCA
Paid-up capital
₹1.22 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U62099KA2023PTC172726
Registration Number 172726
Incorporation Date 24 April 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Bizcovr Technologies Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    13031 Sobha Dream Acres No 77/10 To 77/5 75/6 Etc, Balagere Village, Bangalore, Karnataka, India – 560087
  • Industry
    Financial Services, Insurance Brokerage & Advisory
Comprehensive company report
Bizcovr Technologies Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Brands

Bizcovr Technologies operates one associated brand: Covrzy. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other 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 available

Bizcovr Technologies Private Limited reported revenue of ₹31.76 Lakh (up 129% YoY) for FY 2025.

Revenue · FY 2025
₹31.76 Lakh ▲ 129%
Net loss · FY 2025
₹1.25 Cr margin -393.3%
EBITDA · FY 2025
-₹1.65 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 129%
EBITDA CAGR growth
1 year
▼ 62%

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

MetricsFY 2024-25FY 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

MetricsFY 2024-25FY 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachin Lahanu BhusalDirector01 Jul 20251 Years 4 MonthsCurrent
Ankit KamraDirector24 Apr 20233 Years 6 MonthsCurrent

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.

Total deals
1
Funding round
1
Disclosed funding
₹3.2 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2023Funding round · Pre-seed₹3.2 CrInvestors: 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCB5467G1Z9KarnatakaActive26 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.

AGM
Bizcovr Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sachin Lahanu Bhusal ceased to be Additional Director.
Ceased
Thota Veera Venkata Ratna Kumar ceased to be Director.
Appointed
Sachin Lahanu Bhusal was appointed as Director.
Filing
Bizcovr Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ankit Kamra was appointed as Director.
Incorporation
24 Apr 2023
Bizcovr Technologies Private Limited was registered on 24 Apr 2023 with Roc Bangalore & aged 3 years 6 months as per MCA records.

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:

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.