
Cleverlocale Private Limited
About Cleverlocale Private Limited
Data last updated:
Cleverlocale Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 14 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC115480.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwas Rasbagh (Managing Director) and Komarla Srinivas Mahesh.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Old No. 516 New No. 21/1 'Hamsavihar' Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2023, the company reported a revenue of ₹20,273, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹52,203 (net margin -257.5%) and EBITDA of -₹44,727 (EBITDA margin -220.6%).
Company details
Recognitions & Rankings of Cleverlocale
Contact details
Cleverlocale Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressOld No. 516 New No. 21/1 'Hamsavihar' Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business activity
The main business activity of Cleverlocale is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Cleverlocale Private Limited, buy the company report.
Financials of Cleverlocale Private Limited
FY 2023 filings availableCleverlocale Private Limited reported revenue of ₹20,273 (up 1548% YoY) for FY 2023.
Financial Statement Summary
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| EBITDA | -₹44,727 | ||||
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| Net Profit (PAT) | -₹52,203 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -220.6% | ||||
| Net Profit Margin | -257.5% | ||||
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To see the full financial statements and ratios of Cleverlocale Private Limited, buy the company report.
Board of directors of Cleverlocale Private Limited
Cleverlocale has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Rasbagh | Managing Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Komarla Srinivas Mahesh | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Cleverlocale Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Layerwire IT Consultancy Private Limited | ₹20,400 (FY 2024) | 13.0% | Ghaziabad, Uttar Pradesh, India | |||
| Cognogen Private Limited | ₹20,400 (FY 2023) | -98.0% | Hyderabad, Telangana, India | |||
| Joahquin Technologies Private Limited | ₹20,339 (FY 2024) | -42.0% | Moradabad, Uttar Pradesh, India | |||
| Infiniteworx Omnichannel Private Limited | ₹20,332 (FY 2018) | Pune, Maharashtra, India | ||||
| Selmak Fashion (OPC) Private Limited | ₹20,328 (FY 2020) | Faridabad, Haryana, India | ||||
| Cleverlocale Private Limitedthis company | ₹20,273 (FY 2023) | -₹52,203 | -257.5% | 1548.0% | Bangalore, Karnataka, India | |
| Magic Data Technology Private Limited | ₹20,260 (FY 2020) | New Delhi, Delhi, India | ||||
| Chenthil Software Private Limited | ₹20,254 (FY 2022) | 5.0% | Madurai, Tamil Nadu, India | |||
| Ipreptoday Skills Foundation | ₹20,220 (FY 2025) | -20.0% | Bhubaneswar, Odisha, India | |||
| Arknodeio Software Services Private Limited | ₹20,172 (FY 2022) | -47.0% | Vytilla P.O, Kerala, India | |||
| Nuevo Marketing Private Limited | ₹20,060 (FY 2023) | 3.0% | Kalanur, Haryana, India |
To see the full peer comparison of Cleverlocale Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cleverlocale 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
No delayed payments to MSME suppliers are on our record for Cleverlocale Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Cleverlocale Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cleverlocale Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Komarla Srinivas Mahesh was appointed as Director on 14 Aug 2018.
Frequently asked questions
Cleverlocale is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 14 August 2018 (8+ years old) and is registered under CIN U72900KA2018PTC115480.
Cleverlocale has 2 current directors:
- Vishwas Rasbagh - Managing Director
- Komarla Srinivas Mahesh - Director
The latest financial statements of Cleverlocale on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Cleverlocale is U72900KA2018PTC115480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cleverlocale was incorporated on 14 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cleverlocale by revenue are Layerwire IT Consultancy Private Limited, Cognogen Private Limited, Joahquin Technologies Private Limited, Infiniteworx Omnichannel Private Limited, Selmak Fashion (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Komarla Srinivas Mahesh was appointed as Director on 14 Aug 2018. Vishwas Rasbagh was appointed as Managing Director on 14 Aug 2018.
Yes, Cleverlocale is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Cleverlocale is at Old No. 516 New No. 211 Hamsavihar Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.
Cleverlocale operates in the information technology industry, in the other computer related activities segment.
Cleverlocale can be reached at its registered office: Old No. 516 New No. 211 Hamsavihar Anjaneya Temple Street Near Nmh Hotel, Bangalore, Karnataka, India – 560004.