About Cervello India Private Limited
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Cervello India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Cervello Holding Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016FTC087193. Its GSTIN is 29AAGCC4265L1Z8 (Karnataka).
The company has an authorised share capital of ₹5.26 Cr and a paid-up capital of ₹3.39 Cr. It is led by directors including Rakhi Malik and Srinivas Oduru.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.71 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Cr (net margin 12.3%) and EBITDA of ₹8.03 Cr (EBITDA margin 19.3%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 73% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MyCervello.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mycervello.com.
Company details
Contact details
Cervello India Private Limited's registered office is in Bengaluru, Karnataka. Its website is mycervello.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Mohan Moti Symbiosis Arcade Building Defence Colony Binnamangala Layout Hal, 2nd Stage, Bengaluru, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Cervello India Private Limited, buy the company report.
- 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
Brands
Cervello India operates one associated brand: MyCervello. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Intelligence automation, data strategy, and business planning solutions are offered. | mycervello.com |
Business activity
The main business activity of Cervello India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Cervello India Private Limited, buy the company report.
Financials of Cervello India Private Limited
FY 2024 filings availableCervello India Private Limited reported revenue of ₹41.71 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 30% growth in the latest year. EBITDA rose 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.03 Cr | ||||
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| Net Profit (PAT) | ₹5.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 19.3% | ||||
| Net Profit Margin | 12.3% | ||||
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To see the full financial statements and ratios of Cervello India Private Limited, buy the company report.
Board of directors of Cervello India Private Limited
Cervello India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhi Malik | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Srinivas Oduru | Director | 05 Aug 2022 | 4 Years 2 Months | Current |
| Shikha Gupta | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Scot David Mac Gillivray | Additional Director | 21 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Cervello India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intuitive Technology Partners (India) Private Limited | ₹42.44 Cr (FY 2025) | 17.0% | Surat, Gujarat, India | |||
| Sumo Video Games Private Limited | ₹42.42 Cr (FY 2025) | -12.0% | Pune, Maharashtra, India | |||
| Nuvento Systems Private Limited | ₹42.28 Cr (FY 2024) | 1.0% | Kochi, Kerala, India | |||
| Amiti Software Technologies Private Limited | ₹41.76 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Iron Systems India Private Limited | ₹41.76 Cr (FY 2024) | -28.0% | New Delhi, Delhi, India | |||
| Cervello India Private Limitedthis company | ₹41.71 Cr (FY 2024) | ₹5.12 Cr | 12.3% | 30.0% | 153 | Bengaluru, Karnataka, India |
| Uolo Edtech Private Limited | ₹41.63 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Gurucul Solutions Private Limited | ₹41.62 Cr (FY 2024) | 61.0% | Pune, Maharashtra, India | |||
| Entrans Technologies Private Limited | ₹41.53 Cr (FY 2025) | 21.0% | Perungudi, Tamil Nadu, India | |||
| Securview Systems Private Limited | ₹41.37 Cr (FY 2025) | -6.0% | Pune, Maharashtra, India | |||
| Innova Am Tech Private Limited | ₹41.29 Cr (FY 2025) | 0.0% | Delhi, India |
To see the full peer comparison of Cervello India Private Limited, buy the company report.
Auditor
Cervello India Private Limited is audited by J.K. Reddy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.K. Reddy & Co | FY 2023 | 003257S |
Shareholding
The shareholding of Cervello India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Cervello India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cervello India 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
Cervello India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Neemans Private Limited |
To see the full MSME payment records of Cervello India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cervello India Private Limited has a workforce of 153 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Cervello India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC4265L1Z8 | Karnataka | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Cervello India Private Limited, buy the company report.
Recent activity
Cervello India Private Limited has 12 board changes on record since 2019: 5 appointments and 7 cessations. The latest: Scot David Mac Gillivray was appointed as Additional Director on 21 Aug 2025.
3 earlier events are in the company report.
Frequently asked questions
Cervello India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 March 2016 (10+ years old) and is registered under CIN U72200KA2016FTC087193.
Cervello India has 4 current directors:
- Rakhi Malik - Director
- Srinivas Oduru - Director
- Shikha Gupta - Director
- Scot David Mac Gillivray - Additional Director
The latest financial statements of Cervello India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Cervello India is 29AAGCC4265L1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Cervello India is U72200KA2016FTC087193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cervello India was incorporated on 23 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cervello India by revenue are Intuitive Technology Partners (India) Private Limited, Sumo Video Games Private Limited, Nuvento Systems Private Limited, Amiti Software Technologies Private Limited, Iron Systems India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Scot David Mac Gillivray was appointed as Additional Director on 21 Aug 2025. Srinivas Oduru ceased to be Additional Director on 24 Jul 2023. Srinivas Oduru was appointed as Director on 05 Aug 2022. Cervello India has 12 board changes on record in total.
Cervello India has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Aug 2023.
Cervello India can be reached through the website mycervello.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Cervello India is at 4th Floor Mohan Moti Symbiosis Arcade Building Defence Colony Binnamangala Layout Hal, 2nd Stage, Bengaluru, Karnataka, India – 560038.
Cervello India operates in the information technology industry, in the IT consulting and support services segment.