About Bluelement Technologies Private Limited
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Bluelement Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC119848. Its GSTIN is 29AAICB1899F1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.01 Lakh. It is led by directors Inderkumar Bafna and Madhu Royal.
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 No 604 – 605 6th Floor A Wing Mittal Towers Mg Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.37 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹11.49 Lakh (net margin 14.7%) and EBITDA of ₹20.08 Lakh (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 165% over five years.
The company is associated with 2 brands: HireLoop and EngageLoop. As per MCA filings, the company has open charges of ₹23.75 Lakh on record. The company has 8 deals on record (4 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹39.2 Lakh; the latest was in January 2023.
For more details, the company can be reached via its website engageloop.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 604 – 605 6th Floor A Wing Mittal Towers Mg Road, Bangalore, Karnataka, India – 560001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Associated Brands with Bluelement Technologies Private Limited
Bluelement Technologies operates two associated brands: HireLoop and EngageLoop. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides recruitment marketing solutions to streamline talent acquisition processes. | hireloop.in | |
| EngageLoop is an online platform offering fitness and recreation learning programs. | engageloop.in |
Competitors & Alternatives of Bluelement Technologies Private Limited
Brands and companies operating in the same space as Bluelement Technologies Private Limited include Craftsy, Jibe, Curious and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Craftsy | Marketplace for online handicraft and origami courses is operated. | Denver, United States | 2010 |
 Jibe | SaaS recruiting solutions are provided for talent acquisition teams. | New York, United States | 2010 |
 Curious | Online learning platform is provided for daily skill development. | Menlo Park, United States | 2012 |
 The Shift Network | App-based online summits and courses on inspirational topics are provided. | San Francisco, United States | 2010 |
 Kinnu | Multi-disciplinary courses are delivered through a mobile platform. | London, United Kingdom | 2021 |
 Social Swag | Multi-disciplinary tutoring solutions are offered via an online platform. | Mumbai, India | 2019 |
 Candidate.ID | Cloud-based platform engages passive candidates for enterprise recruitment. | Glasgow, United Kingdom | 2016 |
 Dalia | Recruitment marketing automation is delivered via a cloud-based sourcing platform. | Brooklyn, United States | 2019 |
 Genus AI | Platform offering predictive analytics solutions | San Francisco, United States | 2016 |
 Aktor Interactive | HR communication and recruitment software is provided alongside consulting services. | Lyon, France | 1999 |
Business Activity of Bluelement Technologies Private Limited
The main business activity of Bluelement Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Bluelement Technologies Private Limited
Bluelement Technologies Private Limited is audited by R P A N & ASSOCIATES LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R P A N & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bluelement Technologies Private Limited
Bluelement 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 |
|---|---|---|---|---|
| Madhu Royal | Additional Director | 12 Sep 2020 | 6 Years 0 Months | Current |
| Inderkumar Bafna | Director | 27 Dec 2018 | 7 Years 9 Months | Current |
Financials of Bluelement Technologies Private Limited FY 2025 filings available
Bluelement Technologies Private Limited reported revenue of ₹78.37 Lakh (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Bluelement Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 165% over five years, including 33% growth in the latest year. EBITDA rose 204% 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 of Bluelement Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.49 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Bluelement Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
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| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bluelement Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bluelement Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bluelement Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2021 | Hdfc Bank Limited | ₹23.75 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bluelement Technologies Private Limited
Employment history and EPFO contributions of people linked to Bluelement Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Bluelement Technologies Private Limited
Bluelement Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB1899F1ZA | Karnataka | Active | 07 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Deals & Funding of Bluelement Technologies Private Limited
Bluelement Technologies Private Limited has 8 deals on record (4 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹39.2 Lakh; the latest was in January 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹25 Lakh | Investors: 4 individuals |
| Mar 2022 | Secondary share transfer | Buyer: 4 individuals Seller: 3 individuals | |
| Jul 2021 | Rights issue | ₹1 Cr | Investors: 2 individuals |
| Aug 2020 | Rights issue | ₹1.7 Cr | Investors: 3 individuals Seller: 2 individuals |
| Mar 2020 | Funding round | ₹4.2 Lakh | Investors: 2 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Credit Ratings, Litigation & Regulatory Alerts for Bluelement Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bluelement Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bluelement Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bluelement Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Bluelement Technologies Private Limited
Frequently Asked Questions about Bluelement Technologies Private Limited
Bluelement Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 December 2018 (8+ years old) and is registered under CIN U72900KA2018PTC119848.
Bluelement Technologies reported revenue of ₹78.37 Lakh for FY 2025 (up 33% YoY).
Bluelement Technologies has 2 current directors:
- Madhu Royal - Additional Director
- Inderkumar Bafna - Director
Bluelement Technologies reported a net profit of ₹11.49 Lakh (net margin 14.7%) and EBITDA of ₹20.08 Lakh (EBITDA margin 25.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bluelement Technologies is 50% over three years and 165% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bluelement Technologies is 29AAICB1899F1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Bluelement Technologies is U72900KA2018PTC119848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluelement Technologies was incorporated on 27 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Bluelement Technologies has 8 deals on record (4 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹39.2 Lakh; the latest was in January 2023.