MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0087109
Brokentusk Technologies Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.82 Cr
▲ 86% YoY
Net loss · FY 2025
₹31.79 Cr
Net margin -46.2%
EBITDA · FY 2025
-₹25.09 Cr
EBITDA margin -36.5%
Authorised capital
₹15.5 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Brokentusk Technologies Private Limited
Data last updated:
Brokentusk Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Pine Labs Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC116465. Its GSTIN is 29AAICB0122B1ZC (Karnataka).
The company has an authorised share capital of ₹15.5 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors including Nikhil Sathish Kumar Kolar (Whole-Time Director) and Ritesh Khetan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 2/1 Third Floor Embassy Icon Annexe Infantry Road, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.82 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net loss of ₹31.79 Cr (net margin -46.2%) and EBITDA of -₹25.09 Cr (EBITDA margin -36.5%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 121% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Setu. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. The company has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹133.77 Cr; the latest was in May 2024. The company has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 20 overdue payments to 4 micro and small suppliers.
Brokentusk Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087109). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website setu.co.
Company details
CIN U74999KA2018PTC116465
Registration Number 116465
Incorporation Date 19 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Pine Labs Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0087109
Key People
Nikhil Sathish Kumar Kolar Whole-Time Director Ritesh Khetan Director Anand Chandru Raisinghani Director Recognitions & Rankings of Brokentusk Technologies
Contact details
Brokentusk Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is setu.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 2/1 Third Floor Embassy Icon Annexe Infantry Road, Bengaluru, Karnataka, India – 560001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Brokentusk Technologies Private Limited, buy the company report.
Comprehensive company report
Brokentusk Technologies 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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Business activity
The main business activity of Brokentusk Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Brokentusk Technologies Private Limited, buy the company report.
Financials of Brokentusk Technologies Private Limited
FY 2025 filings availableBrokentusk Technologies Private Limited reported revenue of ₹68.82 Cr (up 86% YoY) for FY 2025.
Revenue · FY 2025
₹68.82 Cr ▲ 86%
Net loss · FY 2025
₹31.79 Cr margin -46.2%
EBITDA · FY 2025
-₹25.09 Cr margin -36.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 64%
5 years · compounded
▲ 121%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 5%
5 years · compounded
▼ 28%
Revenue has grown at a compounded annual rate (CAGR) of 121% over five years, including 86% growth in the latest year. EBITDA rose 34% 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 | FY 2020-21 |
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| EBITDA | -₹25.09 Cr | ||||
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| Net Profit (PAT) | -₹31.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -36.5% | ||||
| Net Profit Margin | -46.2% | ||||
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To see the full financial statements and ratios of Brokentusk Technologies Private Limited, buy the company report.
Board of directors of Brokentusk Technologies Private Limited
Brokentusk Technologies has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Khetan | Director | 22 Jun 2022 | 4 Years 4 Months | Current |
| Nikhil Sathish Kumar Kolar | Whole-Time Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Anand Chandru Raisinghani Also directs: Anumati Technologies Private Limited | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Brokentusk Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Brokentusk Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Brokentusk Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2023 | 100664132 | Axis Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Brokentusk Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Brokentusk Technologies Private Limited has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹133.77 Cr; the latest was in May 2024.
Total deals
5
Funding rounds
2
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹133.77 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Rights issue | ₹20.99 Cr | Investors: Pine Labs Pte Limited |
| Sep 2022 | Rights issue | ₹25.82 Cr | Investors: Pine Labs Pte Limited |
| Apr 2020 | Funding round · Series A | ₹109.21 Cr | Investors: Alpha Wave Global, Lightspeed India Partners, Bharat Inclusion Seed Fund |
| Oct 2018 | Funding round · Seed | ₹24.56 Cr | Investors: Lightspeed India Partners, Bharat Inclusion Seed Fund |
To see the full deal history of Brokentusk Technologies 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
No court or tribunal cases involving Brokentusk Technologies 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
Brokentusk Technologies Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 20 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Guru and Jana | |||
| Niveus Solutions Private Limited | |||
| Prince System Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Brokentusk Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Brokentusk Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Anumati Technologies Private Limited | U72200KA2019PTC127729 | |
| Setu Payments Private Limited | U72400KA2021PTC151559 |
To see the full group structure of Brokentusk Technologies Private Limited, buy the company report.
GST
Brokentusk Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB0122B1ZC | Karnataka | Active | 17 Dec 2018 |
To see the full GST registrations and return filing status of Brokentusk Technologies Private Limited, buy the company report.
Recent activity
Brokentusk Technologies Private Limited has 11 board changes on record since 2022: 3 appointments and 8 cessations. The latest: Anand Chandru Raisinghani ceased to be Additional Director on 25 Sep 2025.
AGM
Brokentusk Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Anand Chandru Raisinghani ceased to be Additional Director.
Filing
Brokentusk Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sahil Ramanath Kini ceased to be Director.
Appointed
Anand Chandru Raisinghani was appointed as Director.
Appointed
Nikhil Sathish Kumar Kolar was appointed as Whole-Time Director.
Charges
A charge registered on 04 Jan 2023 via Charge ID 100664132 with Axis Bank Limited was fully satisfied on 29 Oct 2024.
Ceased
Geetika Singh ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100664132 was registered on 04 Jan 2023.
Ceased
Bejul Somaia ceased to be Nominee Director.
Ceased
Jagriti Bhattacharyya ceased to be Additional Director.
Ceased
Nikhil Sathish Kumar Kolar ceased to be Director.
4 earlier events are in the company report.
News
Frequently asked questions
Brokentusk Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 September 2018 (8+ years old) and is registered under CIN U74999KA2018PTC116465.
Brokentusk Technologies has 3 current directors:
- Nikhil Sathish Kumar Kolar - Whole-Time Director
- Ritesh Khetan - Director
- Anand Chandru Raisinghani - Director
The latest financial statements of Brokentusk Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Brokentusk Technologies is 29AAICB0122B1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Brokentusk Technologies is U74999KA2018PTC116465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brokentusk Technologies was incorporated on 19 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Brokentusk Technologies has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹133.77 Cr; the latest was in May 2024.
Anand Chandru Raisinghani ceased to be Additional Director on 25 Sep 2025. Sahil Ramanath Kini ceased to be Director on 24 Mar 2025. Anand Chandru Raisinghani was appointed as Director on 10 Dec 2024. Brokentusk Technologies has 11 board changes on record in total.
Yes, Brokentusk Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0087109).
Brokentusk Technologies has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 20 overdue payments to 4 micro and small suppliers. The latest return was filed on 15 Nov 2023.
Brokentusk Technologies can be reached through the website setu.co. Its registered office is in Bengaluru, Karnataka, India.