About Blackhawk Network (India) Private Limited
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Blackhawk Network (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Blackhawk Network (Singapore) Pte. Ltd. It operates in the business support services segment of the business services sector. It was incorporated on 13 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC210341. Its GSTIN is 29AAHCB2324E1ZZ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Ricky Glen Lopis and Aravind Prasad Kanumuru.
Its last annual general meeting (AGM) was held on 28 August 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 ₹172.95 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹14.45 Cr (net margin 8.4%) and EBITDA of ₹24.55 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 63% over five years.
The company has about 424 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Blackhawk Network. The company has 1 deal on record (1 rights issue); the latest was in April 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blackhawknetwork.com.
Company details
CIN history
Blackhawk Network (India) has one previous CIN (Corporate Identification Number): U74999MH2017FTC289575. The current CIN is U74999KA2017FTC210341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2017FTC210341 | Current |
| U74999MH2017FTC289575 | Previous |
Contact details
Blackhawk Network (India) Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressVaswani Oakmont Unit No.201 202 301 302 Plot No.10 & 11, Challaghatta Village Varthur Hobli, Bangalore, Karnataka, India – 560071
- IndustryBusiness Services, Business 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
Brands
Blackhawk Network (India) operates one associated brand: Blackhawk Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Prepaid cards for employee financial benefits are provided. | blackhawknetwork.com |
Business activity
The main business activities of Blackhawk Network (India) are support service to organizations and information and communication. In detail, this covers other support services to organizations and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Blackhawk Network (India) Private Limited, buy the company report.
Financials of Blackhawk Network (India) Private Limited
FY 2025 filings availableBlackhawk Network (India) Private Limited reported revenue of ₹172.95 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 6% growth in the latest year. EBITDA rose 5% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.55 Cr | ||||
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| Net Profit (PAT) | ₹14.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Blackhawk Network (India) Private Limited, buy the company report.
Board of directors of Blackhawk Network (India) Private Limited
Blackhawk Network (India) has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ricky Glen Lopis Also directs: Rybbon Digital Rewards India Private Limited | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Aravind Prasad Kanumuru Also directs: Rybbon Digital Rewards India Private Limited | Director | 29 Sep 2023 | 3 Years 1 Months | Current |
| Rushendra Babu Guntur Also directs: Rybbon Digital Rewards India Private Limited | Director | 06 Sep 2023 | 3 Years 2 Months | Current |
Deals & funding
Blackhawk Network (India) Private Limited has 1 deal on record (1 rights issue); the latest was in April 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Rights issue | ₹2.2 Cr | Investors: Blackhawk Network Pte Limited, Blackhawk Network Pty 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 Blackhawk Network (India) 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 Blackhawk Network (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blackhawk Network (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCB2324E1ZZ | Karnataka | Active | 08 Nov 2019 |
| 27AAHCB2324E1Z3 | Maharashtra | Active | 06 Jan 2018 |
To see the full GST registrations and return filing status of Blackhawk Network (India) Private Limited, buy the company report.
Recent activity
Blackhawk Network (India) Private Limited has 14 board changes on record since 2018: 3 appointments and 11 cessations. The latest: Aravind Prasad Kanumuru ceased to be Additional Director on 19 Sep 2024.
5 earlier events are in the company report.
News
Frequently asked questions
Blackhawk Network (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 13 January 2017 (9+ years old) and is registered under CIN U74999KA2017FTC210341.
Blackhawk Network (India) has 3 current directors:
- Ricky Glen Lopis - Director
- Aravind Prasad Kanumuru - Director
- Rushendra Babu Guntur - Director
The latest financial statements of Blackhawk Network (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Blackhawk Network (India) is 29AAHCB2324E1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCB2324E1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Blackhawk Network (India) is U74999KA2017FTC210341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blackhawk Network (India) was incorporated on 13 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Blackhawk Network (India) has 1 deal on record (1 rights issue); the latest was in April 2018.
Aravind Prasad Kanumuru ceased to be Additional Director on 19 Sep 2024. Rushendra Babu Guntur ceased to be Additional Director on 19 Sep 2024. Aravind Prasad Kanumuru was appointed as Director on 29 Sep 2023. Blackhawk Network (India) has 14 board changes on record in total.
Blackhawk Network (India) can be reached through the website blackhawknetwork.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Blackhawk Network (India) is at Vaswani Oakmont Unit No.201 202 301 302 Plot No.10 & 11, Challaghatta Village Varthur Hobli, Bangalore, Karnataka, India – 560071.
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