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Blupin Technologies Private Limited - e-commerce in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹36.7 Cr
▲ 135% YoY
Net loss · FY 2023
₹38.2 Cr
Net margin -104.1%
EBITDA · FY 2023
-₹48.89 Cr
EBITDA margin -133.2%
Authorised capital
₹36.2 Lakh
Registered with MCA
Paid-up capital
₹19.71 Lakh
Issued & subscribed
Open charges
₹54.5 Cr
Satisfied ₹14 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
124
Provident fund records
About Blupin Technologies Private Limited
Data last updated:
Blupin Technologies Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 01 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2017PTC067273. Its GSTIN is 06AAHCB1083E1Z1 (Haryana). The company holds 14 GST registrations, all of them active.
The company has an authorised share capital of ₹36.2 Lakh and a paid-up capital of ₹19.71 Lakh. It is led by directors including Vinit Garg and Naresh Kumar Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5th Floor Plot No. 115 Sector 44, Gurugram, Haryana, India – 122003.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.7 Cr, a growth of 135% compared to the previous year. For the same year it recorded a net loss of ₹38.2 Cr (net margin -104.1%) and EBITDA of -₹48.89 Cr (EBITDA margin -133.2%). Revenue has grown at a compounded annual rate (CAGR) of 391% over three years and 333% over five years.
The company has about 124 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mylo. As per MCA filings, the company has open charges of ₹54.5 Cr and satisfied charges of ₹14 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹161.01 Cr; the latest was in June 2022. Its 10 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce) are compared by revenue, 5 larger and 5 smaller; the largest is Sun Ark Services Private Limited with revenue of ₹38.46 Cr.
Blupin Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0001246). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mylofamily.com.
Company Details of Blupin Technologies Private Limited
CIN U74999HR2017PTC067273
Registration Number 067273
Incorporation Date 01 February 2017
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-HR-05-0001246
Recognitions & Rankings of Blupin Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0001246
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address5th Floor Plot No. 115 Sector 44, Gurugram, Haryana, India – 122003
- IndustryE-Commerce, General E-Commerce Platforms
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Associated Brands with Blupin Technologies Private Limited
Blupin Technologies operates one associated brand: Mylo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mylo is recognized as an online store providing baby, mom, and pregnancy essential products in India. | mylofamily.com |
Business Activity of Blupin Technologies Private Limited
The main business activity of Blupin Technologies is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Blupin Technologies Private Limited FY 2024 filings available
Blupin Technologies Private Limited reported revenue of ₹36.7 Cr (up 135% YoY) for FY 2023.
Revenue · FY 2023
₹36.7 Cr ▲ 135%
Net loss · FY 2023
₹38.2 Cr margin -104.1%
EBITDA · FY 2023
-₹48.89 Cr margin -133.2%
Compounded Annual Growth Rate (CAGR) of Blupin Technologies Private Limited
Revenue CAGR growth
1 year
▲ 135%
3 years · compounded
▲ 391%
5 years · compounded
▲ 333%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 119%
5 years · compounded
▼ 205%
Revenue has grown at a compounded annual rate (CAGR) of 333% over five years, including 135% growth in the latest year. EBITDA fell 96% 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 Blupin Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹36.7 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹48.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.2 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 of Blupin Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -133.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -104.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Blupin Technologies are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
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Board of Directors of Blupin Technologies Private Limited
Blupin Technologies has 3 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 |
|---|---|---|---|---|
| Vinit Garg | Director | 31 Mar 2018 | 8 Years 6 Months | Current |
| Naresh Kumar Garg Also directs: VNS Ventures LLP, VNS Holdings Private Limited | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
| Shachi Singal Also directs: VNS Ventures LLP, VNS Holdings Private Limited | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
Peer Comparison of Blupin Technologies Private Limited
Blupin Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sun Ark Services Private Limited | ₹38.46 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Dropshop Network Private Limited | ₹38.36 Cr (FY 2023) | •••• | •••• | 33.0% | •••• | Bengaluru, Karnataka, India |
| Proberos Trading Private Limited | ₹37.48 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Gurgaon, Haryana, India |
| Foxbox Retail Private Limited | ₹37.03 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Nilesh Super Market Private Limited | ₹36.85 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Nashik, Maharashtra, India |
| Blupin Technologies Private Limited this company | ₹36.7 Cr (FY 2023) | •••• | •••• | 135.0% | •••• | Gurugram, Haryana, India |
| Novaestar Solutions Private Limited | ₹36.26 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Mumbai, Maharashtra, India |
| Olineo Nexus India Private Limited | ₹36.23 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Navi Mumbai, Maharashtra, India |
| Utsav Fashion Private Limited | ₹35.77 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Salt Lake City Kolkata, West Bengal, India |
| Satyam Kraft Private Limited | ₹35.11 Cr (FY 2025) | •••• | •••• | 469.0% | •••• | Surat, Gujarat, India |
| Haritu Trading Private Limited | ₹35.09 Cr (FY 2025) | •••• | •••• | 253.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Blupin Technologies by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Blupin Technologies Private Limited
Blupin Technologies Private Limited is audited by Deepak Bajaj & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak Bajaj & Co. | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Blupin Technologies Private Limited
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Charges & Borrowings of Blupin Technologies Private Limited
Open charges
₹54.5 Cr
Satisfied charges
₹14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2025 | Others | ₹15 Cr | Open |
| 26 Sep 2023 | Others | ₹6 Cr | Open |
| 24 May 2023 | Others | ₹3 Cr | Open |
| 24 May 2023 | Others | ₹2 Cr | Open |
| 15 May 2023 | Others | ₹4 Cr | Open |
Total charge records: 12 View all charges
Deals & Funding of Blupin Technologies Private Limited
Blupin Technologies Private Limited has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹161.01 Cr; the latest was in June 2022.
Total deals
10
Funding rounds
6
Debt financings
2
Secondary share transfers
2
Disclosed funding
₹161.01 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Debt financing | ₹9.75 Cr | Investors: Alteria Capital |
| Apr 2022 | Funding round · Series B | ₹102.76 Cr | Investors: W Health Ventures, Itc Limited , Endiya Partners |
| Apr 2022 | Debt financing | ₹2.25 Cr | Investors: Alteria Capital |
| Mar 2020 | Funding round · Series A | ₹39.56 Cr | Investors: Shinhan Venture Investment, Fosun RZ Capital, 2 individuals |
| Oct 2018 | Funding round · Seed | ₹6.46 Cr | Investors: Fosun RZ Capital, 3 individuals |
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Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Blupin Technologies Private Limited
Blupin Technologies Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Civil suit | Filed against the company by Sarla Trading Company | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Blupin Technologies Private Limited
Blupin Technologies Private Limited has a workforce of 124 employees as of Dec 10, 2024.
Employee count
124
Active EPFO establishments
1
Employee growth
45.88%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Blupin Technologies Private Limited
Blupin Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Vipin Aggarwal ceased to be Director on 30 Jul 2019.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 24 May 2023 with Charge ID 100728744 was modified on 27 Oct 2025.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 24 May 2023 with Charge ID 100734575 was modified on 27 Oct 2025.
Charges
A charge with Others of Rs. 800.00 Lakh registered on 31 Mar 2022 with Charge ID 100599141 was modified on 27 Oct 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 400.00 Lakh registered on 10 May 2023 with Charge ID 100722258 was modified on 15 May 2025.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 30 Jan 2023 with Charge ID 100694575 was modified on 24 Apr 2025.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 101058504 was registered on 07 Mar 2025.
AGM
Blupin Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Blupin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Haryana.
Charges
A charge registered on 04 Aug 2022 via Charge ID 100656717 with Others was fully satisfied on 07 Feb 2024.
Charges
A charge registered on 07 Jun 2021 via Charge ID 100449209 with Others was fully satisfied on 29 Jan 2024.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100802434 was registered on 26 Sep 2023.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100498694 with Others was fully satisfied on 05 Jun 2023.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Blupin Technologies Private Limited
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MSME Payment Delays by Blupin Technologies Private Limited
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Subsidiaries & Group Companies of Blupin Technologies Private Limited
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Corporate group structure
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GST Compliance of Blupin Technologies Private Limited
Blupin Technologies has 14 GST registrations: 14 active. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCB1083E1Z1 | Haryana | Active | 06 Nov 2018 |
| 29AAHCB1083E1ZT | Karnataka | Active | 01 Jun 2021 |
| 27AAHCB1083E1ZX | Maharashtra | Active | 17 Jul 2021 |
| 18AAHCB1083E1ZW | Assam | Active | 13 Aug 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Blupin Technologies Private Limited
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MCA filings and documents
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Related news about Blupin Technologies Private Limited
Frequently Asked Questions about Blupin Technologies Private Limited
Blupin Technologies is an active private limited company based in Gurugram, Haryana, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 01 February 2017 (9+ years old) and is registered under CIN U74999HR2017PTC067273.
Blupin Technologies reported revenue of ₹36.7 Cr for FY 2023 (up 135% YoY).
Blupin Technologies has 3 current directors:
- Vinit Garg - Director
- Naresh Kumar Garg - Director
- Shachi Singal - Director
Blupin Technologies reported a net loss of ₹38.2 Cr (net margin -104.1%) and EBITDA of -₹48.89 Cr (EBITDA margin -133.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blupin Technologies is 391% over three years and 333% over five years. In the latest year (FY 2023) revenue rose 135%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Blupin Technologies is 06AAHCB1083E1Z1, registered in Haryana. The company has 14 GST registrations in all, of which 14 are active. Other active GSTINs include 29AAHCB1083E1ZT (Karnataka), 27AAHCB1083E1ZX (Maharashtra), 18AAHCB1083E1ZW (Assam).
The CIN (Corporate Identification Number) of Blupin Technologies is U74999HR2017PTC067273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blupin Technologies has 2 court cases on record: 2 filed against it. 1 is pending.
Blupin Technologies was incorporated on 01 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
Blupin Technologies has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹161.01 Cr; the latest was in June 2022.
The peers of Blupin Technologies by revenue are Sun Ark Services Private Limited, Dropshop Network Private Limited, Proberos Trading Private Limited, Foxbox Retail Private Limited, Nilesh Super Market Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).