DPIIT recognised startup Government of India
Startup India
Conifer Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.92 Cr
▲ 192% YoY
Net loss · FY 2025
₹4.63 Cr
Net margin -158.6%
EBITDA · FY 2025
-₹4.26 Cr
EBITDA margin -145.7%
Authorised capital
₹39 Lakh
Registered with MCA
Paid-up capital
₹9.57 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
30
Provident fund records
Directors on board
3
As per MCA filings
About Conifer Innovations Private Limited
Data last updated:
Conifer Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Pine Ai Inc and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC163144.
The company has an authorised share capital of ₹39 Lakh and a paid-up capital of ₹9.57 Lakh. It is led by directors including Rahul Vishwakarma and Yogeesh Chandrashekhar Byahatti.
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 ₹2.92 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.63 Cr (net margin -158.6%) and EBITDA of -₹4.26 Cr (EBITDA margin -145.7%).
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Crest. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹10.63 Cr; the latest was in September 2024. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Moweb Technologies Private Limited with revenue of ₹2.93 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website getcrest.ai.
Company details
CIN U72900KA2022PTC163144
Registration Number 163144
Incorporation Date 29 June 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Pine Ai Inc
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Conifer Innovations
Contact details
Conifer Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is getcrest.ai. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo. 291 1st Floor 8th Main 15th Cross, 6th Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Conifer Innovations Private Limited, buy the company report.
Comprehensive company report
Conifer Innovations 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
Conifer Innovations operates one associated brand: Crest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and web-based supply chain planning solutions are provided. | getcrest.ai |
Business activity
The main business activity of Conifer Innovations 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 Conifer Innovations Private Limited, buy the company report.
Financials of Conifer Innovations Private Limited
FY 2025 filings availableConifer Innovations Private Limited reported revenue of ₹2.92 Cr (up 192% YoY) for FY 2025.
Revenue · FY 2025
₹2.92 Cr ▲ 192%
Net loss · FY 2025
₹4.63 Cr margin -158.6%
EBITDA · FY 2025
-₹4.26 Cr margin -145.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 192%
EBITDA CAGR growth
1 year
▲ 22%
Revenue rose 192% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹4.26 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.63 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -145.7% | ||
| Net Profit Margin | -158.6% | ||
| 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 Conifer Innovations Private Limited, buy the company report.
Board of directors of Conifer Innovations Private Limited
Conifer Innovations has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Vishwakarma | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Yogeesh Chandrashekhar Byahatti Also directs: Pineyard Innovations LLP | Director | 06 Mar 2023 | 3 Years 7 Months | Current |
| Akhil Kumar Also directs: Pineyard Innovations LLP | Director | 06 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Conifer Innovations 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 |
|---|---|---|---|---|---|---|
| Moweb Technologies Private Limited | ₹2.93 Cr (FY 2024) | -28.0% | Ahmedabad, Gujarat, India | |||
| Skilledanswers Infosolutions Private Limited | ₹2.93 Cr (FY 2024) | -41.0% | Bamgalore, Karnataka, India | |||
| Vara Solution Support Private Limited | ₹2.93 Cr (FY 2022) | 134.0% | Chennai, Tamil Nadu, India | |||
| Peak Media Private Limited | ₹2.92 Cr (FY 2025) | 142.0% | Jaipur, Rajasthan, India | |||
| Kartbee Technologies Private Limited | ₹2.92 Cr (FY 2022) | -90.0% | Bangalore, Karnataka, India | |||
| Conifer Innovations Private Limitedthis company | ₹2.92 Cr (FY 2025) | -₹4.63 Cr | -158.6% | 192.0% | 30 | Bangalore, Karnataka, India |
| I Hub Digital Technologies Private Limited | ₹2.92 Cr (FY 2024) | 45.0% | Ernakulam, Kerala, India | |||
| Jargon Handlers Software Solutions Private Limited | ₹2.92 Cr (FY 2024) | 28.0% | Chennai, Tamil Nadu, India | |||
| Regile IT Solution Private Limited | ₹2.91 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Dynaform India Private Limited | ₹2.91 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Uiser Innovations Private Limited | ₹2.91 Cr (FY 2024) | 73.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Conifer Innovations Private Limited, buy the company report.
Auditor
Conifer Innovations Private Limited is audited by Dinesh J Ranka And Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh J Ranka And Co. | FY 2023 | 013495S |
Shareholding
The shareholding of Conifer Innovations Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Conifer Innovations Private Limited, buy the company report.
Deals & funding
Conifer Innovations Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹10.63 Cr; the latest was in September 2024.
Total deals
3
Funding rounds
3
Disclosed funding
₹10.63 Cr
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Funding round · Pre-seed | ₹6.63 Cr | Investors: PointOne Capital, 3 individuals |
To see the full deal history of Conifer Innovations Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Conifer Innovations 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 Conifer Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Conifer Innovations Private Limited has a workforce of 30 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
15.38%
GST
No GST registration is on our record for Conifer Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Conifer Innovations Private Limited has 9 board changes on record since 2022: 3 appointments and 6 cessations. The latest: Ravi Babu Venkatramaiah ceased to be Additional Director on 15 Apr 2024.
AGM
Conifer Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Conifer Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ravi Babu Venkatramaiah ceased to be Additional Director.
Ceased
Abhishek Surendran ceased to be Director.
Ceased
Ganesh Amith Nag ceased to be Director.
Ceased
Akhil Kumar ceased to be Additional Director.
Ceased
Rahul Vishwakarma ceased to be Director.
Ceased
Yogeesh Chandrashekhar Byahatti ceased to be Additional Director.
Appointed
Akhil Kumar was appointed as Director.
Appointed
Yogeesh Chandrashekhar Byahatti was appointed as Director.
Appointed
Rahul Vishwakarma was appointed as Director.
Incorporation
29 Jun 2022
Conifer Innovations Private Limited was registered on 29 Jun 2022 with Roc Bangalore & aged 4 years 4 months as per MCA records.
Frequently asked questions
Conifer Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 June 2022 (4+ years old) and is registered under CIN U72900KA2022PTC163144.
Conifer Innovations has 3 current directors:
- Rahul Vishwakarma - Director
- Yogeesh Chandrashekhar Byahatti - Director
- Akhil Kumar - Director
The latest financial statements of Conifer Innovations 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Conifer Innovations is U72900KA2022PTC163144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Conifer Innovations was incorporated on 29 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Conifer Innovations has 3 deals on record (3 funding rounds), with disclosed funding of ₹10.63 Cr; the latest was in September 2024.
The peers of Conifer Innovations by revenue are Moweb Technologies Private Limited, Skilledanswers Infosolutions Private Limited, Vara Solution Support Private Limited, Peak Media Private Limited, Kartbee Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ravi Babu Venkatramaiah ceased to be Additional Director on 15 Apr 2024. Abhishek Surendran ceased to be Director on 18 Dec 2023. Ganesh Amith Nag ceased to be Director on 18 Dec 2023. Conifer Innovations has 9 board changes on record in total.
Yes, Conifer Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Conifer Innovations can be reached through the website getcrest.ai. Its registered office is in Bangalore, Karnataka, India.
The registered office of Conifer Innovations is at No. 291 1st Floor 8th Main 15th Cross, 6th Sector, Bangalore, Karnataka, India – 560102.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages