Bright Money Technology Private Limited - Company Profile

It is a information technology foreign private limited company based in Bangalore South, Karnataka, India, established in 2019.

2019 Bangalore South, Karnataka, India Active

Last Updated: December 21, 2025

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About Bright Money Technology Private Limited

Bright Money Technology Private Limited, a active foreign private limited company, was established on 06 August 2019 in Bangalore South, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72900KA2019FTC126843. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 K and a paid-up capital of ₹10.00 K .

Employing 161 professional, Its leadership includes Varun Kumar Modi (Director), Avinash Patchava (Director), Avinash Ramakanth Sarvadevabhatla (Director). Past directors included Varun Kumar Modi, Petko Plachkov, Avinash Ramakanth Sarvadevabhatla. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 20, Sbi Colony, J Block, Bangalore South, Karnataka, 560034.

Company Details

CIN/LLPIN
U72900KA2019FTC126843
Registration Number
126843
Incorporation Date
06 August 2019
Authorized Capital
₹10.00 K
Paid-Up Capital
₹10.00 K
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 K as on 21-12-2025
Paid Up Capital ₹ 10.00 K as on 21-12-2025
Company Age 6 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 22.72% (FY 2023)
Profit Growth **** 28.47% (FY 2023)
Ebitda **** 43.12% (FY 2023)
Net Worth 85.83% (FY 2023)
Total Assets **** 263.54% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bright Money Technology Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bright Money Technology Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Varun Kumar Modi	Director	23 Dec 2020	Current
Avinash Patchava	Director	06 Aug 2019	Current
Avinash Ramakanth Sarvadevabhatla	Director	16 Mar 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Dec 2020	Past
Pramod Abcsdd	Director	16 Mar 2022	Past
Pramod Abcsdd	Director	28 Oct 2025	Past

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Financial Performance of Bright Money Technology.

Bright Money Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.72% increase. The company also saw a substantial improvement in profitability, with a 28.47% increase in profit. The company's net worth Soared by an impressive increase of 85.83%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

22.72%

*******

Revenue from Operations

*******

22.54%

*******

Total Assets

*******

263.54%

*******

Profit or Loss

*******

28.47%

*******

Net Worth

*******

85.83%

*******

EBITDA

*******

43.12%

*******

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What is the Ownership and Shareholding Structure of Bright Money Technology?

In 2023, Bright Money Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Bright Money Technology?

Bright Money Technology has a workforce of 161 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bright Money Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bright Money Technology's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bright Money Technology

Recent Activity within the Organization

Annual General Meeting

Progress on Bright Money Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Bright Money Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

The activity Avinash Ramakanth Sarvadevabhatla was appointed as a Director was appointed as a Director on 16 Mar 2022 & has been associated with this company since 4 years 7 days . was completed.
16 Mar 2022
Director Appointment

Progress on Varun Kumar Modi was appointed as a Director was appointed as a Director on 23 Dec 2020 & has been associated with this company since 5 years 3 months . was documented.
23 Dec 2020
Director Appointment

Progress on Avinash Patchava was appointed as a Director was appointed as a Director on 06 Aug 2019 & has been associated with this company since 6 years 7 months . was documented.
06 Aug 2019
Company Incorporation

Bright Money Technology Private Limited was registered on 06 Aug 2019 with Roc Bangalore & aged 6 years 7 months as per MCA records. was recorded as a recent event.
06 Aug 2019

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