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Blubble Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.19 Cr
▲ 243% YoY
Net loss · FY 2025
₹30.37 Cr
Net margin -136.9%
EBITDA · FY 2025
-₹23.63 Cr
EBITDA margin -106.5%
Authorised capital
₹15.14 Lakh
Registered with MCA
Paid-up capital
₹5.94 Lakh
Issued & subscribed
Open charges
₹35.7 Cr
Satisfied ₹30 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
151
Provident fund records
About Blubble Private Limited
Data last updated:
Blubble Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online automotive platforms segment of the e-commerce sector. It was incorporated on 07 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2021PTC149203. Its GSTIN is 29AAJCB9674K1ZT (Karnataka).
The company has an authorised share capital of ₹15.14 Lakh and a paid-up capital of ₹5.94 Lakh. It is led by directors including Sudhindra Reddy Pidapa and Hemanth Kumar Aluru.
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 ₹22.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹30.37 Cr (net margin -136.9%) and EBITDA of -₹23.63 Cr (EBITDA margin -106.5%). Revenue has grown at a compounded annual rate (CAGR) of 659% over three years.
The company has about 151 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: DuxEdu and Turno. As per MCA filings, the company has open charges of ₹35.7 Cr and satisfied charges of ₹30 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 12 deals on record (9 funding rounds, 3 debt financings), with disclosed funding of ₹221.45 Cr; the latest was in February 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turno.club.
Company details
CIN U29299KA2021PTC149203
Registration Number 149203
Incorporation Date 07 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Sudhindra Reddy Pidapa Director Ritesh Banglani Nominee Director Hemanth Kumar Aluru Director Recognitions & Rankings of Blubble
Contact details
Blubble Private Limited's registered office is in Bangalore, Karnataka. Its website is turno.club. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndustrial Plot Bearing No 7 – A1 3rd Cross Road, Dyavasandara II Phase Industrial Area Kr Puram Hobli, Bangalore, Karnataka, India – 560048
- IndustryE-Commerce, Online Automotive Platforms
To see the full contact details of Blubble Private Limited, buy the company report.
Comprehensive company report
Blubble 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
Blubble operates two associated brands: DuxEdu and Turno. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tutoring solutions are offered via an online platform for students. | duxedu.in | |
| Commercial electric vehicles are offered through an online marketplace. | turno.club |
Business activity
The main business activity of Blubble is support service to organizations. In detail, this covers other support services to organizations.
| 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 |
To see the full business activity and turnover split of Blubble Private Limited, buy the company report.
Financials of Blubble Private Limited
FY 2025 filings availableBlubble Private Limited reported revenue of ₹22.19 Cr (up 243% YoY) for FY 2025.
Revenue · FY 2025
₹22.19 Cr ▲ 243%
Net loss · FY 2025
₹30.37 Cr margin -136.9%
EBITDA · FY 2025
-₹23.63 Cr margin -106.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 243%
3 years · compounded
▲ 659%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 202%
Revenue has grown at a compounded annual rate (CAGR) of 659% over three years, including 243% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹23.63 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹30.37 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
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| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -106.5% | |||
| Net Profit Margin | -136.9% | |||
| 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 Blubble Private Limited, buy the company report.
Board of directors of Blubble Private Limited
Blubble has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhindra Reddy Pidapa Also directs: Turno Auto Services Private Limited, Electrigo Services Private Limited, Innovolt Capital Private Limited and 1 more | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Ritesh Banglani Also directs: Stellaris Advisors LLP, Stellaris Venture Advisors 2 LLP, Stellaris Partners 2 LLP and 5 more | Nominee Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Hemanth Kumar Aluru Also directs: Turno Auto Services Private Limited, Electrigo Services Private Limited, Innovolt Capital Private Limited and 1 more | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Varun Malhotra | Nominee Director | 05 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Blubble Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Blubble Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Blubble Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.7 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2024 | 100957787 | Others | ₹17.5 Cr | Open | |
| 28 Jun 2024 | 100945600 | Others | ₹17.5 Cr | Open | |
| 23 Dec 2023 | 100897068 | Others | ₹69.75 Lakh | Open | |
| 25 Jan 2023 | 100704385 | Others | ₹15 Cr | Satisfied | |
| 24 Jan 2023 | 100704387 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Blubble Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Blubble Private Limited has 12 deals on record (9 funding rounds, 3 debt financings), with disclosed funding of ₹221.45 Cr; the latest was in February 2026.
Total deals
12
Funding rounds
9
Debt financings
3
Disclosed funding
₹221.45 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Funding round | ₹43 Cr | Investors: British International Investment (CDC Group) |
| Jul 2024 | Funding round · Series C | ₹1.23 Cr | Investors: Trifecta Capital |
| Oct 2023 | Funding round · Series A | ₹74.1 Lakh | Investors: Stellaris Venture Partners, an individual |
| Sep 2023 | Debt financing | ₹9 Cr | Investors: Alteria Capital, InnoVen Capital |
| Jul 2023 | Debt financing | ₹7 Cr | Investors: Alteria Capital, InnoVen Capital |
To see the full deal history of Blubble Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blubble Private Limited has 4 court cases on record: 1 filed by Blubble, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ilindra Work Space Private Limited | Pending |
| District court, North, Delhi | Criminal case | Filed against the company by an individual | Pending |
| District court, North, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by an individual | Disposed |
To see the full case history of Blubble Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Blubble Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Blubble Private Limited has a workforce of 151 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
151
Active EPFO establishments
1
Employee growth
14.39%
GST
Blubble has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB9674K1ZT | Karnataka | Active | 25 Feb 2022 |
To see the full GST registrations and return filing status of Blubble Private Limited, buy the company report.
Recent activity
Blubble Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Arpit Maheshwari ceased to be Nominee Director on 18 Jul 2024.
AGM
Blubble Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Blubble Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 25 Jan 2023 via Charge ID 100704385 with Others was fully satisfied on 29 Aug 2024.
Charges
A charge registered on 24 Jan 2023 via Charge ID 100704387 with Others was fully satisfied on 24 Jul 2024.
Charges
A charge with Others amounted to Rs. 1,750.00 Lakh with Charge ID 100957787 was registered on 19 Jul 2024.
Ceased
Arpit Maheshwari ceased to be Nominee Director.
Appointed
Ritesh Banglani was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 1,750.00 Lakh with Charge ID 100945600 was registered on 28 Jun 2024.
Charges
A charge with Others amounted to Rs. 69.75 Lakh with Charge ID 100897068 was registered on 23 Dec 2023.
Charges
A charge with Others of Rs. 1,500.00 Lakh registered on 25 Jan 2023 with Charge ID 100704385 was modified on 28 Sep 2023.
Charges
A charge with Others of Rs. 1,500.00 Lakh registered on 24 Jan 2023 with Charge ID 100704387 was modified on 28 Sep 2023.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 100704385 was registered on 25 Jan 2023.
5 earlier events are in the company report.
Frequently asked questions
Blubble is an active private limited company based in Bangalore, Karnataka, India. The company works in online automotive platforms, within the e-commerce industry. It was incorporated on 07 July 2021 (5+ years old) and is registered under CIN U29299KA2021PTC149203.
Blubble has 4 current directors:
- Sudhindra Reddy Pidapa - Director
- Ritesh Banglani - Nominee Director
- Hemanth Kumar Aluru - Director
- Varun Malhotra - Nominee Director
The latest financial statements of Blubble 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 Blubble is 29AAJCB9674K1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Blubble is U29299KA2021PTC149203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blubble has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending.
Blubble was incorporated on 07 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Blubble has 12 deals on record (9 funding rounds, 3 debt financings), with disclosed funding of ₹221.45 Cr; the latest was in February 2026.
Arpit Maheshwari ceased to be Nominee Director on 18 Jul 2024. Ritesh Banglani was appointed as Nominee Director on 18 Jul 2024. Varun Malhotra was appointed as Nominee Director on 05 Jan 2023. Blubble has 5 board changes on record in total.
Yes, Blubble is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).