About Covolve Enablers Private Limited
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Covolve Enablers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 19 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2020PTC141215. Its GSTIN is 29AAJCC1229K1ZH (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gitanjali Sarangan and Mohan Sundaram.
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 C – 404 Sjr Luxuria Arekere Mico Layout Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.42 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Lakh (net margin 6.2%) and EBITDA of ₹2.04 Lakh (EBITDA margin 8.4%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website covolve.in.
Company details
Contact details
Covolve Enablers Private Limited's registered office is in Bangalore, Karnataka. Its website is covolve.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 404 Sjr Luxuria Arekere Mico Layout Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryEducation, Corporate Training & Development
To see the full contact details of Covolve Enablers 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
Financials of Covolve Enablers Private Limited
FY 2025 filings availableCovolve Enablers Private Limited reported revenue of ₹24.42 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 40% fall in the latest year. EBITDA fell 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.04 Lakh | ||||
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| Net Profit (PAT) | ₹1.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Covolve Enablers Private Limited, buy the company report.
Board of directors of Covolve Enablers Private Limited
Covolve Enablers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gitanjali Sarangan Also directs: Artilab Foundation | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Mohan Sundaram | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Sarangan Soundararajan | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Covolve Enablers Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Institute of Computer Management Science and Technical Education | ₹24.43 Lakh (FY 2023) | 5.0% | Srinagar, Jammu and Kashmir, India | |||
| Covolve Enablers Private Limitedthis company | ₹24.42 Lakh (FY 2025) | ₹1.52 Lakh | 6.2% | -40.0% | 2 | Bangalore, Karnataka, India |
| BDFL Technologies Private Limited | ₹24.36 Lakh (FY 2025) | -86.0% | Hyderabad, Telangana, India | |||
| Likhavat Academy Private Limited | ₹24.35 Lakh (FY 2025) | -10.0% | Delhi, India |
To see the full peer comparison of Covolve Enablers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Covolve Enablers 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 Covolve Enablers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Covolve Enablers Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Covolve Enablers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC1229K1ZH | Karnataka | Active | 02 Jan 2021 |
To see the full GST registrations and return filing status of Covolve Enablers Private Limited, buy the company report.
Recent activity
Covolve Enablers Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Gitanjali Sarangan was appointed as Director on 19 Nov 2020.
Frequently asked questions
Covolve Enablers is an active private limited company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 19 November 2020 (6+ years old) and is registered under CIN U85100KA2020PTC141215.
Covolve Enablers has 3 current directors:
- Gitanjali Sarangan - Director
- Mohan Sundaram - Director
- Sarangan Soundararajan - Director
The latest financial statements of Covolve Enablers 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 2021 are in the company report.
The GSTIN of Covolve Enablers is 29AAJCC1229K1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Covolve Enablers is U85100KA2020PTC141215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Covolve Enablers was incorporated on 19 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Covolve Enablers by revenue are Institute of Computer Management Science and Technical Education, BDFL Technologies Private Limited, Likhavat Academy Private Limited, all in the Education industry (Corporate and Commercial Training).
Gitanjali Sarangan was appointed as Director on 19 Nov 2020. Mohan Sundaram was appointed as Director on 19 Nov 2020. Sarangan Soundararajan was appointed as Director on 19 Nov 2020.
Covolve Enablers can be reached through the website covolve.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Covolve Enablers is at C – 404 Sjr Luxuria Arekere Mico Layout Bannerghatta Road, Bangalore, Karnataka, India – 560076.
Covolve Enablers operates in the education industry, in the corporate training and development segment.
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