Canopi India Private Limited

Canopi India Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC106403 Incorporated 14 September 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹2.23 Cr
▲ 195% YoY
Net loss · FY 2024
₹4.27 Cr
Net margin -191.5%
EBITDA · FY 2024
-₹3.75 Cr
EBITDA margin -168.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.92 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Canopi India Private Limited

Data last updated:

Canopi India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 14 September 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106403. Its GSTIN is 29AAHCC1943N1Z8 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.92 Lakh. It is led by directors including Gopinath Ambadithody and Prabal Munnur Krishna.

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 No. 403 11th Cross 17th Main J P Nagar II Phase, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.27 Cr (net margin -191.5%) and EBITDA of -₹3.75 Cr (EBITDA margin -168.2%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years.

The company is associated with 1 brand: Canopi. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.29 Cr; the latest was in February 2022.

Canopi India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141136). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website canopi.in.

Company details

CIN U74999KA2017PTC106403
Registration Number 106403
Incorporation Date 14 September 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0141136
Key People
Gopinath Ambadithody Director Prabal Munnur Krishna Director Sagde Basavaraju Mahesh Director

Recognitions & Rankings of Canopi India

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0141136

Contact details

Canopi India Private Limited's registered office is in Bangalore, Karnataka. Its website is canopi.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    canopi.in
  • Social Media
  • Registered Address
    No. 403 11th Cross 17th Main J P Nagar II Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Internet, Online Financial Services

To see the full contact details of Canopi India Private Limited, buy the company report.

Comprehensive company report
Canopi India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Canopi India operates one associated brand: Canopi. Each brand links to its own profile.

BrandDescriptionWebsite
Canopi
Platform offering invoice discounting platformcanopi.in

Business activity

The main business activity of Canopi India is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Canopi India Private Limited, buy the company report.

Financials of Canopi India Private Limited

FY 2025 filings available

Canopi India Private Limited reported revenue of ₹2.23 Cr (up 195% YoY) for FY 2024.

Revenue · FY 2024
₹2.23 Cr ▲ 195%
Net loss · FY 2024
₹4.27 Cr margin -191.5%
EBITDA · FY 2024
-₹3.75 Cr margin -168.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 195%
3 years · compounded
▲ 101%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 186%
5 years · compounded
▼ 125%

Revenue has grown at a compounded annual rate (CAGR) of 101% over three years, including 195% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹3.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.27 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-168.2%
Net Profit Margin-191.5%
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 Canopi India Private Limited, buy the company report.

Board of directors of Canopi India Private Limited

Canopi India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopinath Ambadithody
Also directs: Jvnsr Realty Services LLP, Karmaventures LLP, Illyrium Venture Partners LLP and 5 more
Director08 Feb 20215 Years 8 MonthsCurrent
Prabal Munnur Krishna
Also directs: Canopi LLP
Director14 Sep 20179 Years 1 MonthsCurrent
Sagde Basavaraju Mahesh
Also directs: Canopi LLP
Director04 Jun 20197 Years 4 MonthsCurrent
Asrani Ashok Abhay
Also directs: Illyrium Venture Partners LLP, Illyrium Opportunities LLP, Aquilon Advisory LLP and 3 more
Additional Director04 Jun 20197 Years 4 MonthsCurrent
View all directors

Auditor

Canopi India Private Limited is audited by Madhav Rao Bhaskar for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Madhav Rao BhaskarFY 2023021722

Shareholding

The shareholding of Canopi India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Canopi India Private Limited, buy the company report.

Deals & funding

Canopi India Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.29 Cr; the latest was in February 2022.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹6.29 Cr

Deals on record (4 of 6)

WhenDealAmountParties
Oct 2021Funding round · Pre-Series A₹99.9 LakhInvestors: 2 individuals
Jan 2021Funding round · Pre-Series A₹3 CrInvestors: 4 individuals
Mar 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Sep 2019Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

To see the full deal history of Canopi India 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

No delayed payments to MSME suppliers are on our record for Canopi India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Canopi India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCC1943N1Z8KarnatakaActive19 Mar 2018

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

Recent activity

Canopi India Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Gopinath Ambadithody ceased to be Additional Director on 30 Nov 2021.

AGM
Canopi India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Canopi India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gopinath Ambadithody ceased to be Additional Director.
Appointed
Gopinath Ambadithody was appointed as Director.
Ceased
Asrani Ashok Abhay ceased to be Additional Director.
Ceased
Sagde Basavaraju Mahesh ceased to be Additional Director.
Appointed
Asrani Ashok Abhay was appointed as Additional Director.
Appointed
Sagde Basavaraju Mahesh was appointed as Director.
Ceased
Varsha Ramachandra ceased to be Director.
Appointed
Prabal Munnur Krishna was appointed as Director.
Incorporation
14 Sep 2017
Canopi India Private Limited was registered on 14 Sep 2017 with Roc Bangalore & aged 9 years 1 month as per MCA records.

News

India Health Link partners with Canopi
15 Jul 2022 · Biospectrumindia

Frequently asked questions

Canopi India is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 14 September 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106403.

Canopi India has 4 current directors:

The latest financial statements of Canopi India 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 2018 are in the company report.

The GSTIN of Canopi India is 29AAHCC1943N1Z8, registered in Karnataka.

The CIN (Corporate Identification Number) of Canopi India is U74999KA2017PTC106403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Canopi India was incorporated on 14 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Canopi India has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹6.29 Cr; the latest was in February 2022.

Gopinath Ambadithody ceased to be Additional Director on 30 Nov 2021. Gopinath Ambadithody was appointed as Director on 08 Feb 2021. Asrani Ashok Abhay ceased to be Additional Director on 30 Sep 2019. Canopi India has 8 board changes on record in total.

Yes, Canopi India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Canopi India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0141136).