Bunch Microtechnologies Private Limited

Bunch Microtechnologies Private Limited - education in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U80900HR2018PTC114700 Incorporated 28 May 2018 ROC Haryana HQ Gurgaon, Haryana, India
Active Private Limited Company education MSME
Data last updated
Revenue · FY 2024
₹142.8 Cr
▲ 77% YoY
Net loss · FY 2024
₹111 Cr
Net margin -77.7%
EBITDA · FY 2024
-₹95.26 Cr
EBITDA margin -66.7%
Authorised capital
₹1.01 Cr
Registered with MCA
Paid-up capital
₹80.48 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
521
Provident fund records
Directors on board
2
As per MCA filings

About Bunch Microtechnologies Private Limited

Data last updated:

Bunch Microtechnologies Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 28 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U80900HR2018PTC114700. Its GSTIN is 09AAHCB8510A1Z1 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹80.48 Lakh. It is led by directors Bhaswat Agarwal and Mukul Rustagi.

Its last annual general meeting (AGM) was held on 03 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gurgaon, Haryana.

As per the financials filed for FY 2024, the company reported a revenue of ₹142.8 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net loss of ₹111 Cr (net margin -77.7%) and EBITDA of -₹95.26 Cr (EBITDA margin -66.7%). Revenue has grown at a compounded annual rate (CAGR) of 153% over three years and 206% over five years.

The company has about 521 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 3 brands: ViDU, XPrep and Classplus. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 3 cases are pending. The company has 22 deals on record (12 secondary share transfers, 10 funding rounds), with disclosed funding of ₹1,330.1 Cr; the latest was in June 2024. The company has 9 MSME Form 1 returns on record between 2020 and 2024, listing 116 overdue payments to 27 micro and small suppliers.

Bunch Microtechnologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0068352). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classplusapp.com.

Company details

CIN U80900HR2018PTC114700
Registration Number 114700
Incorporation Date 28 May 2018
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0068352

CIN history

Bunch Microtechnologies has one previous CIN (Corporate Identification Number): U80900DL2018PTC334559. The current CIN is U80900HR2018PTC114700, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U80900HR2018PTC114700Current
U80900DL2018PTC334559Previous
Key People
Bhaswat Agarwal Director Mukul Rustagi Director

Recognitions & Rankings of Bunch Microtechnologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-28-0068352

Contact details

Bunch Microtechnologies Private Limited's registered office is in Gurgaon, Haryana. Its website is classplusapp.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    classplusapp.com
  • Registered Address
    2nd Floor Plot No. 4, Minarch Tower Sector – 44, Gurgaon, Haryana, India – 122003
  • Industry
    Education, EdTech Solutions

To see the full contact details of Bunch Microtechnologies Private Limited, buy the company report.

Comprehensive company report
Bunch Microtechnologies 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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Brands

Bunch Microtechnologies operates multiple associated brands including ViDU, XPrep, and Classplus. Each brand links to its own profile.

BrandDescriptionWebsite
ViDU
Provides comprehensive e-learning software solutions for coaching institutes.vidu.tech
XPrep
A blog page focused on power ball newsxprep.co
Classplus
White-label online coaching platform is provided for educators.classplusapp.com

Financials of Bunch Microtechnologies Private Limited

FY 2024 filings available

Bunch Microtechnologies Private Limited reported revenue of ₹142.8 Cr (up 77% YoY) for FY 2024.

Revenue · FY 2024
₹142.8 Cr ▲ 77%
Net loss · FY 2024
₹111 Cr margin -77.7%
EBITDA · FY 2024
-₹95.26 Cr margin -66.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 153%
5 years · compounded
▲ 206%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▼ 18%
5 years · compounded
▼ 128%

Revenue has grown at a compounded annual rate (CAGR) of 206% over five years, including 77% growth in the latest year. EBITDA rose 59% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹142.8 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹95.26 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹111 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-66.7%
Net Profit Margin-77.7%
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

To see the full financial statements and ratios of Bunch Microtechnologies Private Limited, buy the company report.

Board of directors of Bunch Microtechnologies Private Limited

Bunch Microtechnologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaswat Agarwal
Also directs: Testbook Edu Solutions Private Limited, Futuretalks Services Private Limited
Director28 May 20188 Years 5 MonthsCurrent
Mukul Rustagi
Also directs: Testbook Edu Solutions Private Limited, Futuretalks Services Private Limited
Director28 May 20188 Years 5 MonthsCurrent
View all directors

Auditor

Bunch Microtechnologies Private Limited is audited by M S K A & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2024105047W

Shareholding

The shareholding of Bunch Microtechnologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bunch Microtechnologies Private Limited, buy the company report.

Deals & funding

Bunch Microtechnologies Private Limited has 22 deals on record (12 secondary share transfers, 10 funding rounds), with disclosed funding of ₹1,330.1 Cr; the latest was in June 2024.

Total deals
22
Secondary share transfers
12
Funding rounds
10
Disclosed funding
₹1,330.1 Cr

Deals on record (5 of 22)

WhenDealAmountParties
Jun 2024Funding round · Series E₹71.56 CrInvestors: Z47 (Matrix Partners India), Iron Pillar
Sep 2022Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Rising Stars Fund
Sep 2022Funding round · Series E₹70.04 CrInvestors: Z47 (Matrix Partners India), Pivot Ventures, an individual
Aug 2022Secondary share transferUndisclosedBuyer: an individual
Seller: Rising Stars Fund
May 2022Secondary share transferUndisclosedSeller: 2 individuals

To see the full deal history of Bunch Microtechnologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Bunch Microtechnologies Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 116 overdue payments to 27 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 (5 of 27)

SupplierAmount dueDue sinceReported on
Accurate Corporate Services Private Limited
Parcham Edu Hub Private Limited
Tusker Workspace Private Limited
an individual supplier
Ecultify Advertising LLP

To see the full MSME payment records of Bunch Microtechnologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Bunch Microtechnologies has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Testbook Edu Solutions Private LimitedU72200HR2013PTC119489
Gyanlive Education Private LimitedU80902GJ2022PTC131353

To see the full group structure of Bunch Microtechnologies Private Limited, buy the company report.

Employees & EPFO

Bunch Microtechnologies Private Limited has a workforce of 521 employees on its EPFO records as of Dec 03, 2024, across 1 active EPFO establishment.

Employee count
521
Active EPFO establishments
1
Employee growth
-34.79%

GST

Bunch Microtechnologies has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAHCB8510A1Z1Uttar PradeshActive21 Sep 2018

To see the full GST registrations and return filing status of Bunch Microtechnologies Private Limited, buy the company report.

Recent activity

Bunch Microtechnologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Deborah Hicks Quazzo ceased to be Director on 14 Dec 2023.

AGM
Bunch Microtechnologies Private Limited last Annual general meeting of members was held on 03 Sep 2024 as per latest MCA records.
Filing
Bunch Microtechnologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Haryana.
Ceased
Deborah Hicks Quazzo ceased to be Director.
Appointed
Bhaswat Agarwal was appointed as Director.
Appointed
Mukul Rustagi was appointed as Director.
Incorporation
28 May 2018
Bunch Microtechnologies Private Limited was registered on 28 May 2018 with Roc Haryana & aged 8 years 5 months as per MCA records.

News

Frequently asked questions

Bunch Microtechnologies is an active private limited company based in Gurgaon, Haryana, India. The company works in edtech solutions, within the education industry. It was incorporated on 28 May 2018 (8+ years old) and is registered under CIN U80900HR2018PTC114700.

Bunch Microtechnologies has 2 current directors:

The latest financial statements of Bunch Microtechnologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 September 2024. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Bunch Microtechnologies is 09AAHCB8510A1Z1, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Bunch Microtechnologies is U80900HR2018PTC114700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bunch Microtechnologies has 18 court cases on record: 12 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.

Bunch Microtechnologies was incorporated on 28 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Haryana.

Bunch Microtechnologies has 22 deals on record (12 secondary share transfers, 10 funding rounds), with disclosed funding of ₹1,330.1 Cr; the latest was in June 2024.

Deborah Hicks Quazzo ceased to be Director on 14 Dec 2023. Bhaswat Agarwal was appointed as Director on 28 May 2018. Mukul Rustagi was appointed as Director on 28 May 2018.

Yes, Bunch Microtechnologies is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0068352).

Bunch Microtechnologies has 9 MSME Form 1 returns on record between 2020 and 2024, listing 116 overdue payments to 27 micro and small suppliers. The latest return was filed on 23 Apr 2024.