Blend Labs India Private Limited

Blend Labs India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2021PTC149223 Incorporated 08 July 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹11.71 Cr
▼ 69% YoY
Net loss · FY 2025
₹77.67 Lakh
Net margin -6.6%
EBITDA · FY 2025
₹1.87 Cr
EBITDA margin 15.9%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.4 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
282
Provident fund records
Directors on board
3
As per MCA filings

About Blend Labs India Private Limited

Data last updated:

Blend Labs India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Blend Labs Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC149223. Its GSTIN is 29AAJCB9687J2ZP (Karnataka). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.4 Cr. It is led by directors including Amit Ashok Samant and Amir Vakili Jafari.

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 ₹11.71 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹77.67 Lakh (net margin -6.6%) and EBITDA of ₹1.87 Cr (EBITDA margin 15.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.

The company has about 282 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Blend. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Desidea Software Technologies Private Limited with revenue of ₹11.73 Cr.

For more details, the company can be reached via its website blend.com.

Company details

CIN U72900KA2021PTC149223
Registration Number 149223
Incorporation Date 08 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Blend Labs Inc

Contact details

Blend Labs India Private Limited's registered office is in Bangalore, Karnataka. Its website is blend.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    No. 188 Next Co Works 3rd Floor, Ranka Colony Road, Bangalore, Karnataka, India – 560076
  • Industry
    Information Technology, IT Consulting & Support Services, Application Development & Software Solutions

To see the full contact details of Blend Labs India Private Limited, buy the company report.

Comprehensive company report
Blend Labs India Private Limited - one report that includes everything
  • 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
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Brands

Blend Labs India operates one associated brand: Blend. Each brand links to its own profile.

BrandDescriptionWebsite
Digital solutions for mortgage and consumer lending are provided.blend.com

Business activity

The main business activity of Blend Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Blend Labs India Private Limited, buy the company report.

Financials of Blend Labs India Private Limited

FY 2025 filings available

Blend Labs India Private Limited reported revenue of ₹11.71 Cr (down 69% YoY) for FY 2025.

Revenue · FY 2025
₹11.71 Cr ▼ 69%
Net loss · FY 2025
₹77.67 Lakh margin -6.6%
EBITDA · FY 2025
₹1.87 Cr margin 15.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 2%

Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 69% fall in the latest year. EBITDA fell 53% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹1.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹77.67 Lakh
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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin15.9%
Net Profit Margin-6.6%
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 Blend Labs India Private Limited, buy the company report.

Board of directors of Blend Labs India Private Limited

Blend Labs India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Ashok SamantDirector27 Jun 20242 Years 4 MonthsCurrent
Amir Vakili JafariDirector29 Sep 20233 Years 1 MonthsCurrent
Winnie Hoi Wing LingDirector01 Sep 20251 Years 1 MonthsCurrent

Peer comparison

Blend Labs India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Desidea Software Technologies Private Limited₹11.73 Cr (FY 2024)-18.0%Hyderabad, Telangana, India
Beyondsquare Solutions Private Limited₹11.73 Cr (FY 2025)29.0%Bengaluru, Karnataka, India
Afry Engineering India Private Limited₹11.73 Cr (FY 2024)-30.0%New Delhi, Delhi, India
Heureux Software Solutions Private Limited₹11.72 Cr (FY 2025)-2.0%New Delhi, Delhi, India
Ezo Technologies Private Limited₹11.72 Cr (FY 2024)193.0%Thane, Maharashtra, India
Blend Labs India Private Limitedthis company₹11.71 Cr (FY 2025)-₹77.67 Lakh-6.6%-69.0%282Bangalore, Karnataka, India
Acusis Software India Private Limited₹11.71 Cr (FY 2022)-24.0%Bangalore, Karnataka, India
Nalashaa Digital Solutions India Private Limited₹11.71 Cr (FY 2025)27.0%Bengaluru, Karnataka, India
Enabled Analytics India Private Limited₹11.69 Cr (FY 2025)63.0%Hyderabad, Telangana, India
Fastrax Infotech Private Limited₹11.69 Cr (FY 2025)22.0%Ahmedabad, Gujarat, India
Foxsense Innovations Private Limited₹11.69 Cr (FY 2024)10.0%Hyderabad, Telangana, India

To see the full peer comparison of Blend Labs India Private Limited, buy the company report.

Auditor

Blend Labs India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Associates LLPFY 2024101049W/ E300004

Shareholding

The shareholding of Blend Labs India Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Blend Labs India Private Limited, buy the company report.

Deals & funding

Blend Labs India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2021Rights issue₹9.4 CrInvestors: Blend Labs Inc
Sep 2021Secondary share transferUndisclosedBuyer: Blend Labs Inc, Blend Operations Inc
Seller: 2 individuals

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 Blend Labs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Blend Labs India Private Limited has a workforce of 282 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
282
Active EPFO establishments
1
Employee growth
-34.72%

GST

Blend Labs India has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAJCB9687J2ZPKarnatakaActive17 Dec 2021
33AAJCB9687J1Z1Tamil NaduActive01 Jan 2022

To see the full GST registrations and return filing status of Blend Labs India Private Limited, buy the company report.

Recent activity

Blend Labs India Private Limited has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Winnie Hoi Wing Ling was appointed as Director on 01 Sep 2025.

AGM
Blend Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Winnie Hoi Wing Ling was appointed as Director.
Filing
Blend Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Amit Ashok Samant was appointed as Director.
Appointed
Amir Vakili Jafari was appointed as Director.
Ceased
Sudarshan Rathi ceased to be Additional Director.
Ceased
Crystal Renee Sumner ceased to be Additional Director.
Ceased
Marc Scott Greenberg ceased to be Additional Director.
Ceased
Ravi Jauhari ceased to be Director.
Ceased
Nandu Ravikumar ceased to be Director.
Incorporation
08 Jul 2021
Blend Labs India Private Limited was registered on 08 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.

Frequently asked questions

Blend Labs India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 July 2021 (5+ years old) and is registered under CIN U72900KA2021PTC149223.

Blend Labs India has 3 current directors:

The latest financial statements of Blend Labs India 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 2022 are in the company report.

The GSTIN of Blend Labs India is 29AAJCB9687J2ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAJCB9687J1Z1 (Tamil Nadu).

The CIN (Corporate Identification Number) of Blend Labs India is U72900KA2021PTC149223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Blend Labs India was incorporated on 08 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Blend Labs India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in November 2021.

The peers of Blend Labs India by revenue are Desidea Software Technologies Private Limited, Beyondsquare Solutions Private Limited, Afry Engineering India Private Limited, Heureux Software Solutions Private Limited, Ezo Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Winnie Hoi Wing Ling was appointed as Director on 01 Sep 2025. Amit Ashok Samant was appointed as Director on 27 Jun 2024. Amir Vakili Jafari was appointed as Director on 29 Sep 2023. Blend Labs India has 8 board changes on record in total.

Blend Labs India can be reached through the website blend.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Blend Labs India is at No. 188 Next Co Works 3rd Floor, Ranka Colony Road, Bangalore, Karnataka, India – 560076.