
Brandsfi Labs Private Limited
About Brandsfi Labs Private Limited
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Brandsfi Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 18 October 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2022PTC392262. Its GSTIN is 27AALCB1502C1Z9 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹12.26 Lakh. It is led by directors Rohitashwa Bhotica and Wilfred Devaraj Chettiar.
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 903 Floor – 9 Plot – 211 Dalamal Tower Free Press Jounral Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.39 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹25.81 Lakh (net margin 63.9%) and EBITDA of ₹34.82 Lakh (EBITDA margin 86.2%).
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Carrot Club. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹9.66 Cr; the latest was in January 2023. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Faizmeer Solutions Private Limited with revenue of ₹42.35 Lakh.
Brandsfi Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0190133).
Company details
Recognitions & Rankings of Brandsfi Labs
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-19-0190133
Contact details
Brandsfi Labs Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address903 Floor – 9 Plot – 211 Dalamal Tower Free Press Jounral Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Brandsfi Labs Private Limited, buy the company report.
- 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
Brandsfi Labs operates one associated brand: Carrot Club. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based platform offering rewards and cashback on multi-category products | carrot.club |
Financials of Brandsfi Labs Private Limited
FY 2025 filings availableBrandsfi Labs Private Limited reported revenue of ₹40.39 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 123% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹34.82 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | ₹25.81 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 86.2% | ||
| Net Profit Margin | 63.9% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Brandsfi Labs Private Limited, buy the company report.
Board of directors of Brandsfi Labs Private Limited
Brandsfi Labs 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 |
|---|---|---|---|---|
| Rohitashwa Bhotica Also directs: Sapco Paper Bag LLP, Shree Hsrpa Consultants LLP, Fg&G Distribution Private Limited and 1 more | Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Wilfred Devaraj Chettiar | Additional Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Brandsfi Labs Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Faizmeer Solutions Private Limited | ₹42.35 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Galena Services Private Limited | ₹42.07 Lakh (FY 2025) | 82.0% | New Delhi, Delhi, India | |||
| Anthoupolis Technologies India Private Limited | ₹40.93 Lakh (FY 2025) | 409259300.0% | Gurgaon, Haryana, India | |||
| Amica Payment Services Private Limited | ₹40.79 Lakh (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Rdspe Services Private Limited | ₹40.39 Lakh (FY 2025) | Bishnupur, West Bengal, India | ||||
| Brandsfi Labs Private Limitedthis company | ₹40.39 Lakh (FY 2025) | ₹25.81 Lakh | 63.9% | 12.0% | 18 | Mumbai, Maharashtra, India |
| Spidersense Technologies Private Limited | ₹39.59 Lakh (FY 2022) | 375.0% | Hyderabad, Telangana, India | |||
| Pumpcharge Internet Private Limited | ₹39.56 Lakh (FY 2018) | 44.0% | Vadodara, Gujarat, India | |||
| Add Technologies (India) Limited | ₹38.42 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Tiger Digital Services Private Limited | ₹37.68 Lakh (FY 2024) | Rohtak, Haryana, India | ||||
| Sakrecharge Point (OPC) Private Limited | ₹37.32 Lakh (FY 2025) | 268.0% | Panipat, Haryana, India |
To see the full peer comparison of Brandsfi Labs Private Limited, buy the company report.
Auditor
Brandsfi Labs Private Limited is audited by SHARAD RUSTAGI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARAD RUSTAGI | FY 2023 | 114765 |
Shareholding
The shareholding of Brandsfi Labs Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Brandsfi Labs Private Limited, buy the company report.
Deals & funding
Brandsfi Labs Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹9.66 Cr; the latest was in January 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round · Series A | ₹4.66 Cr | Investors: Nair Advisory Services Inc, The Kailash and Varsha Somani Living Trust, 2 individuals |
| Nov 2022 | Funding round · Seed | ₹5 Cr | Investors: Think9 Consumer Technologies Private Limited , Surplus Finvest Private Limited , an individual |
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 Brandsfi Labs 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 Brandsfi Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Brandsfi Labs has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Brandsfi Labs Private Limited has a workforce of 18 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Brandsfi Labs has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCB1502C1Z9 | Maharashtra | Active | 19 Dec 2022 |
| 09AAHCB4843N1Z6 | Uttar Pradesh | Active | 07 Jul 2020 |
To see the full GST registrations and return filing status of Brandsfi Labs Private Limited, buy the company report.
Recent activity
Brandsfi Labs Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Wilfred Devaraj Chettiar was appointed as Additional Director on 01 Oct 2025.
Frequently asked questions
Brandsfi Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 18 October 2022 (4+ years old) and is registered under CIN U67100MH2022PTC392262.
Brandsfi Labs has 2 current directors:
- Rohitashwa Bhotica - Director
- Wilfred Devaraj Chettiar - Additional Director
The latest financial statements of Brandsfi Labs 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 2023 are in the company report.
The GSTIN of Brandsfi Labs is 27AALCB1502C1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAHCB4843N1Z6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Brandsfi Labs is U67100MH2022PTC392262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brandsfi Labs was incorporated on 18 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Brandsfi Labs has 2 deals on record (2 funding rounds), with disclosed funding of ₹9.66 Cr; the latest was in January 2023.
The peers of Brandsfi Labs by revenue are Faizmeer Solutions Private Limited, Galena Services Private Limited, Anthoupolis Technologies India Private Limited, Amica Payment Services Private Limited, Rdspe Services Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Wilfred Devaraj Chettiar was appointed as Additional Director on 01 Oct 2025. Rohitashwa Bhotica ceased to be Director on 01 Nov 2022. Vivek Vijay Biyani ceased to be Director on 01 Nov 2022. Brandsfi Labs has 5 board changes on record in total.
Yes, Brandsfi Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Brandsfi Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0190133).