- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0087109

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. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Fortune Couriers Limited with revenue of ₹69.93 Cr. 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.
Recognitions & Rankings of Brokentusk Technologies
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 2/1 Third Floor Embassy Icon Annexe Infantry Road, Bengaluru, Karnataka, India – 560001
- IndustryFinancial Services, Diversified Financial Services
- 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
Business Activity of Brokentusk Technologies Private Limited
The main business activity of Brokentusk Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Financials of Brokentusk Technologies Private Limited FY 2025 filings available
Brokentusk Technologies Private Limited reported revenue of ₹68.82 Cr (up 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Brokentusk Technologies Private Limited
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 of Brokentusk Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹25.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.79 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 Brokentusk Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.2% | •••• | •••• | •••• | •••• |
| 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 Brokentusk 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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Khetan | Director | 22 Jun 2022 | 4 Years 3 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 |
Peer Comparison of Brokentusk Technologies Private Limited
Brokentusk Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortune Couriers Limited | ₹69.93 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Mumbai, Maharashtra, India |
| Taraashna Financial Services Limited | ₹69.72 Cr (FY 2022) | •••• | •••• | 18.0% | •••• | Gurugram, Haryana, India |
| Fastspeed Business Private Limited | ₹69.63 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | Siliguri, West Bengal, India |
| Krunal Trading and Investment Pvt Ltd | ₹69.44 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
| Sbicap Trustee Company Limited | ₹69.17 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Brokentusk Technologies Private Limited this company | ₹68.82 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Bengaluru, Karnataka, India |
| Rykka Corporation Private Limited | ₹68.56 Cr (FY 2024) | •••• | •••• | 2079.0% | •••• | Mumbai, Maharashtra, India |
| Iti Holdings and Investment Private Limited | ₹68.54 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Chennai, Tamil Nadu, India |
| Fortune Financial & Equities Services Private Limited | ₹68.49 Cr (FY 2025) | •••• | •••• | 674.0% | •••• | Mumbai, Maharashtra, India |
| Goodwork Finvest Private Limited | ₹68.23 Cr (FY 2025) | •••• | •••• | 2511.0% | •••• | Delhi, India |
| Daksha Infrastructure Private Limited | ₹68.2 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Brokentusk Technologies by revenue in the BFSI industry (Other Financial Services), 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 Brokentusk Technologies Private Limited
Brokentusk Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. 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.
Ownership and Shareholding of Brokentusk 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 Brokentusk Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2023 | Axis Bank Limited | ₹50 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Brokentusk Technologies Private Limited
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.
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 |
Full deal history
All 5 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.
MSME Payment Delays by Brokentusk Technologies Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Brokentusk Technologies Private Limited
Employment history and EPFO contributions of people linked to Brokentusk 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.
Group Structure of Brokentusk Technologies Private Limited
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Anumati Technologies Private Limited | U72200KA2019PTC127729 | Locked |
| Setu Payments Private Limited | U72400KA2021PTC151559 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Brokentusk Technologies Private Limited
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.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Brokentusk 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.
Subsidiaries & Group Companies of Brokentusk 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.
GST Compliance of Brokentusk Technologies Private Limited
Brokentusk Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICB0122B1ZC | Karnataka | Active | 17 Dec 2018 |
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.
MCA Filings & Documents of Brokentusk 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.
Related news about Brokentusk Technologies Private Limited
Frequently Asked Questions about Brokentusk Technologies Private Limited
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 reported revenue of ₹68.82 Cr for FY 2025 (up 86% YoY).
Brokentusk Technologies has 3 current directors:
- Nikhil Sathish Kumar Kolar - Whole-Time Director
- Ritesh Khetan - Director
- Anand Chandru Raisinghani - Director
Brokentusk Technologies reported a net loss of ₹31.79 Cr (net margin -46.2%) and EBITDA of -₹25.09 Cr (EBITDA margin -36.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Brokentusk Technologies is 64% over three years and 121% over five years. In the latest year (FY 2025) revenue rose 86%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Brokentusk Technologies by revenue are Fortune Couriers Limited, Taraashna Financial Services Limited, Fastspeed Business Private Limited, Krunal Trading and Investment Pvt Ltd, Sbicap Trustee Company Limited and 5 more, all in the BFSI industry (Other Financial Services).
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).