About Caraway Development Centre (India) Private Limited
Data last updated:
Caraway Development Centre (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Caraway Pte Ltd Singapore. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15400KA2014FTC077745. Its GSTIN is 29AAFCC8593A1ZH (Karnataka).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors including Mukul Mathur and Srinivasan Saravanan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.72 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Cr (net margin 18.3%) and EBITDA of ₹4.27 Cr (EBITDA margin 29%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹91 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website olamgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 2nd 3rd & 4th Skyline Icon Building Above Hdfc Bank Hope Farm Junction Whi, Tefield, Bangalore, Karnataka, India – 560066
- IndustryTravel and Hospitality, Consumer Professional 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 Caraway Development Centre (India) Private Limited
The main business activity of Caraway Development Centre (India) is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 Caraway Development Centre (India) Private Limited FY 2025 filings available
Caraway Development Centre (India) Private Limited reported revenue of ₹14.72 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Caraway Development Centre (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA fell 4% 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 Caraway Development Centre (India) 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 | ₹4.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.69 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 Caraway Development Centre (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.3% | •••• | •••• | •••• | •••• |
| 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 Caraway Development Centre (India) are in the company report.
Financial statements from 2015
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 Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Mathur | Director | 06 Apr 2022 | 4 Years 6 Months | Current |
| Srinivasan Saravanan | Director | 03 Aug 2016 | 10 Years 2 Months | Current |
| Jayanta Rajak | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
Peer Comparison of Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, Professional 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 |
|---|---|---|---|---|---|---|
| Oneminds Industries Private Limited | ₹14.79 Cr (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Trimas Center of Excellence Private Limited | ₹14.79 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Metro Professional Services Private Limited | ₹14.75 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Cleardu Fintech Private Limited | ₹14.74 Cr (FY 2025) | •••• | •••• | 289.0% | •••• | Ahmedabad, Gujarat, India |
| Gowrie Healthcare Private Limited | ₹14.74 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Caraway Development Centre (India) Private Limited this company | ₹14.72 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Upriver Ecommerce Private Limited | ₹14.71 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Sri Saicharan Enterprise Private Limited | ₹14.7 Cr (FY 2025) | •••• | •••• | 366.0% | •••• | Chennai, Tamil Nadu, India |
| Ditech Process Solutions Private Limited | ₹14.69 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Ssba Innovations Limited | ₹14.69 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Sabros Decor Systems Private Limited | ₹14.67 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Caraway Development Centre (India) by revenue in the Outsourcing industry (Diversified BPO, Professional 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 Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) Private Limited is audited by V Mahesh Kumar Savanth for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V Mahesh Kumar Savanth | 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 Caraway Development Centre (India) 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 Caraway Development Centre (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2025 | Hdfc Bank Limited | ₹15.11 Lakh | Open |
| 25 Apr 2023 | Hdfc Bank Limited | ₹27.27 Lakh | Open |
| 19 Apr 2023 | Hdfc Bank Limited | ₹25.87 Lakh | Open |
| 31 Oct 2022 | Hdfc Bank Limited | ₹10.98 Lakh | Open |
| 25 Oct 2021 | Hdfc Bank Limited | ₹11.77 Lakh | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) Private Limited has a workforce of 20 employees as of Mar 30, 2024.
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.
Recent Activity on Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Srinivasan Saravanan ceased to be Additional Director on 29 Sep 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Caraway Development Centre (India) 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.
MSME Payment Delays by Caraway Development Centre (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Caraway Development Centre (India) 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 Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC8593A1ZH | Karnataka | Active | 01 Jul 2017 |
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 Caraway Development Centre (India) 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 Caraway Development Centre (India) Private Limited
Frequently Asked Questions about Caraway Development Centre (India) Private Limited
Caraway Development Centre (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 December 2014 (12+ years old) and is registered under CIN U15400KA2014FTC077745.
Caraway Development Centre (India) reported revenue of ₹14.72 Cr for FY 2025 (down 13% YoY).
Caraway Development Centre (India) has 3 current directors:
- Mukul Mathur - Director
- Srinivasan Saravanan - Director
- Jayanta Rajak - Director
Caraway Development Centre (India) reported a net profit of ₹2.69 Cr (net margin 18.3%) and EBITDA of ₹4.27 Cr (EBITDA margin 29%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Caraway Development Centre (India) is -10% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Caraway Development Centre (India) is 29AAFCC8593A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Caraway Development Centre (India) is U15400KA2014FTC077745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caraway Development Centre (India) was incorporated on 12 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Caraway Development Centre (India) by revenue are Oneminds Industries Private Limited, Trimas Center of Excellence Private Limited, Metro Professional Services Private Limited, Cleardu Fintech Private Limited, Gowrie Healthcare Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, Professional Services).
Srinivasan Saravanan ceased to be Additional Director on 29 Sep 2023. Mukul Mathur was appointed as Director on 06 Apr 2022. Kameswar Ellajosyula Rao ceased to be Director on 31 Dec 2021. Caraway Development Centre (India) has 7 board changes on record in total.
Caraway Development Centre (India) can be reached through the website olamgroup.com. Its registered office is in Bangalore, Karnataka, India.