Converge Edutech Private Limited

Converge Edutech Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2020PTC340795 Incorporated 18 June 2020 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company internet Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹7.95 Cr
▼ 17% YoY
Net profit · FY 2025
₹8.28 Lakh
Net margin 1%
EBITDA · FY 2025
₹60.34 Lakh
EBITDA margin 7.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings

About Converge Edutech Private Limited

Data last updated:

Converge Edutech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 18 June 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC340795. Its GSTIN is 27AAICC7633A1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Jimeet Deepak Sanghavi and Arjun Sunil Golani.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 205 2nd Floor M. L. Spaces D. J. Road Vile Parle West, Mumbai, Maharashtra, India – 400056.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.95 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.28 Lakh (net margin 1%) and EBITDA of ₹60.34 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years.

The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

Converge Edutech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0035107). For more details, the company can be reached via its website convergeapp.co.

Company details

CIN U74999MH2020PTC340795
Registration Number 340795
Incorporation Date 18 June 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0035107

Recognitions & Rankings of Converge Edutech

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2020-21)
Udyam number
UDYAM-MH-18-0035107

Contact details

Converge Edutech Private Limited's registered office is in Mumbai, Maharashtra. Its website is convergeapp.co. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Office No. 205 2nd Floor M. L. Spaces D. J. Road Vile Parle West, Mumbai, Maharashtra, India – 400056
  • Industry
    Internet, Online Education & Learning Platforms

To see the full contact details of Converge Edutech Private Limited, buy the company report.

Comprehensive company report
Converge Edutech 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
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Business activity

The main business activity of Converge Edutech is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

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

Financials of Converge Edutech Private Limited

FY 2025 filings available

Converge Edutech Private Limited reported revenue of ₹7.95 Cr (down 17% YoY) for FY 2025.

Revenue · FY 2025
₹7.95 Cr ▼ 17%
Net profit · FY 2025
₹8.28 Lakh margin 1%
EBITDA · FY 2025
₹60.34 Lakh margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▲ 9%

Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 62%. EBITDA fell 60% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹60.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.28 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.6%
Net Profit Margin1%
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 Converge Edutech Private Limited, buy the company report.

Board of directors of Converge Edutech Private Limited

Converge Edutech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jimeet Deepak SanghaviDirector18 Jun 20206 Years 4 MonthsCurrent
Arjun Sunil GolaniAdditional Director15 Jun 20260 Years 4 MonthsCurrent

Peer comparison

Converge Edutech Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Education), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Digiaccel Learning Private Limited₹8 Cr (FY 2024)339.0%New Delhi, Delhi, India
Converge Edutech Private Limitedthis company₹7.95 Cr (FY 2025)₹8.28 Lakh1%-17.0%2Mumbai, Maharashtra, India
B.P. Poddar and Parvati Devi Foundation for Education₹7.94 Cr (FY 2024)94.0%Kolkata, West Bengal, India
Shri Jeetendra Godara's SLBS Education Foundation₹7.9 Cr (FY 2025)-3.0%Jodhpur, Rajasthan, India

To see the full peer comparison of Converge Edutech Private Limited, buy the company report.

Auditor

Converge Edutech Private Limited is audited by Paresh Vora & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Paresh Vora & AssociatesFY 2024118090W

Shareholding

The shareholding of Converge Edutech Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Converge Edutech Private Limited, buy the company report.

MSME payment delays

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

Group structure & subsidiaries

Converge Edutech has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held

Employees & EPFO

Converge Edutech Private Limited has a workforce of 2 employees on its EPFO records as of Dec 04, 2024, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-66.67%

GST

Converge Edutech has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAICC7633A1ZVMaharashtraActive11 Aug 2020
36AAICC7633A1ZWTelanganaActive08 Aug 2023

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

Recent activity

Converge Edutech Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Arjun Sunil Golani was appointed as Additional Director on 15 Jun 2026.

Appointed
Arjun Sunil Golani was appointed as Additional Director.
Ceased
Suraj Bajaj Shamsunder ceased to be Director.
AGM
Converge Edutech Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Converge Edutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Jimeet Deepak Sanghavi was appointed as Director.
Incorporation
18 Jun 2020
Converge Edutech Private Limited was registered on 18 Jun 2020 with Roc Mumbai I & aged 6 years 4 months as per MCA records.

Frequently asked questions

Converge Edutech is an active private limited company based in Mumbai, Maharashtra, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 18 June 2020 (6+ years old) and is registered under CIN U74999MH2020PTC340795.

Converge Edutech has 2 current directors:

The latest financial statements of Converge Edutech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Converge Edutech is 27AAICC7633A1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAICC7633A1ZW (Telangana).

The CIN (Corporate Identification Number) of Converge Edutech is U74999MH2020PTC340795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Converge Edutech was incorporated on 18 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Converge Edutech by revenue are Digiaccel Learning Private Limited, B.P. Poddar and Parvati Devi Foundation for Education, Shri Jeetendra Godara's SLBS Education Foundation, all in the Ecommerce and Internet industry (Education), with the same principal business activity (higher education, technical & vocational education).

Arjun Sunil Golani was appointed as Additional Director on 15 Jun 2026. Suraj Bajaj Shamsunder ceased to be Director on 15 Jun 2026. Jimeet Deepak Sanghavi was appointed as Director on 18 Jun 2020.

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

Yes, Converge Edutech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0035107).

Converge Edutech can be reached through the website convergeapp.co. Its registered office is in Mumbai, Maharashtra, India.