India's Most Valuable Companies 2025 edition · Source: Hurun India
- Valuation
- ₹14,220 Cr
Credavenue Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹713.42 Cr
▲ 27% YoY
Net loss · FY 2025
₹416.17 Cr
Net margin -58.3%
EBITDA · FY 2025
-₹197.78 Cr
EBITDA margin -27.7%
Authorised capital
₹243.5 Cr
Registered with MCA
Paid-up capital
₹218.68 Cr
Issued & subscribed
Open charges
₹362.75 Cr
Satisfied ₹56 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
676
Provident fund records
About Credavenue Private Limited
Data last updated:
Credavenue Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Vivriti Capital Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 August 2020 and has been in existence for over 6 years.
Its director Gaurav Kumar is #1,113 among India's richest people (2026). Its director Vineet Sukumar is #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC137251. Its GSTIN is 33AAICC9126C1ZY (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹243.5 Cr and a paid-up capital of ₹218.68 Cr. It is led by directors including Kumar Gaurav (Managing Director) and Ajay Kumar Choudhary.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12th Floor Prestige Polygon No. 471 Annasalai Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹713.42 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹416.17 Cr (net margin -58.3%) and EBITDA of -₹197.78 Cr (EBITDA margin -27.7%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years.
The company has about 676 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Aspero and Yubi. As per MCA filings, the company has open charges of ₹362.75 Cr and satisfied charges of ₹56 Cr on record. Court records list 70 cases involving the company, including 44 filed by the company and 26 filed against it; 20 cases are pending.
For more details, the company can be reached via its website go-yubi.com.
Company details
CIN U72900TN2020PTC137251
Registration Number 137251
Incorporation Date 21 August 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vivriti Capital Limited
Recognitions & Rankings of Credavenue
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,113 Gaurav Kumar ₹2,300 Cr
- #1,233 Vineet Sukumar ₹1,900 Cr
Contact details
Credavenue Private Limited's registered office is in Chennai, Tamil Nadu. Its website is go-yubi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12th Floor Prestige Polygon No. 471 Annasalai Nandanam, Chennai, Tamil Nadu, India – 600035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Credavenue Private Limited, buy the company report.
Comprehensive company report
Credavenue 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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Brands
Credavenue operates two associated brands: Aspero and Yubi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online platform for bond investments and steady returns up to 14 percent. | aspero.in | |
| Business loans are facilitated through an online debt marketplace. | go-yubi.com |
Business activity
The main business activity of Credavenue 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 Credavenue Private Limited, buy the company report.
Financials of Credavenue Private Limited
FY 2025 filings availableCredavenue Private Limited reported revenue of ₹713.42 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹713.42 Cr ▲ 27%
Net loss · FY 2025
₹416.17 Cr margin -58.3%
EBITDA · FY 2025
-₹197.78 Cr margin -27.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 76%
Revenue has grown at a compounded annual rate (CAGR) of 59% over three years, including 27% growth in the latest year. EBITDA rose 11% 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 | -₹197.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹416.17 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.7% | ||||
| Net Profit Margin | -58.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Credavenue Private Limited, buy the company report.
Board of directors of Credavenue Private Limited
Credavenue has 11 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Choudhary Also directs: Bajaj Finance Limited, Bajaj Housing Finance Limited, Aurionpro Solutions Limited and 5 more | Director | 22 May 2025 | 1 Years 5 Months | Current |
| Gopal Srinivasan | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Anil Mehta | Director | 08 May 2024 | 2 Years 5 Months | Current |
| Anuvrat Jain Also directs: Oneassist Consumer Solutions Private Limited | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Vineet Sukumar Also directs: Vivriti Asset Management Private Limited, Hari and Company Investments Madras Private Limited, Vivriti Next Limited and 5 more | Director | 21 Aug 2020 | 6 Years 2 Months | Current |
| Anup Wadhawan Also directs: Ivc Association, Glaxosmithkline Pharmaceuticals Limited, Yatra Online Limited and 5 more | Director | 18 Feb 2023 | 3 Years 8 Months | Current |
Showing 6 of 11 current directors. View all directors
Peer comparison
Credavenue 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 |
|---|---|---|---|---|---|---|
| Orange Business Services India Solutions Private Limited | ₹744.13 Cr (FY 2025) | 9.0% | Gurgaon, Haryana, India | |||
| Phasorz Technologies Private Limited | ₹743.03 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| MPS Limited | ₹739.41 Cr (FY 2025) | 33.0% | Chennai, Tamil Nadu, India | |||
| Advantage Club Technologies Private Limited | ₹724.62 Cr (FY 2025) | 89.0% | Gurgaon, Haryana, India | |||
| Ruloans Distribution Services Private Limited | ₹723.82 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Credavenue Private Limitedthis company | ₹713.42 Cr (FY 2025) | -₹416.17 Cr | -58.3% | 27.0% | 676 | Chennai, Tamil Nadu, India |
| Orange Business Services India Technology Private Limited | ₹712.81 Cr (FY 2025) | 3.0% | Gurgaon, Haryana, India | |||
| Inspira Enterprise India Limited | ₹708.37 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| 24/7 Customer Private Limited | ₹701.85 Cr (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Thamizhaga Cable TV Communication Limited | ₹701.24 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| KS Smart Solutions Private Limited | ₹696.58 Cr (FY 2025) | 222.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Credavenue Private Limited, buy the company report.
Auditor
Credavenue Private Limited is audited by BSR & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & CO LLP | FY 2023 | 101248W |
Shareholding
The shareholding of Credavenue Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Credavenue Private Limited, buy the company report.
Charges & borrowings
Open charges
₹362.75 Cr
Satisfied charges
₹56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2025 | 101198480 | Others | ₹300 Cr | Open | |
| 05 Apr 2024 | 100907830 | Others | ₹20 Cr | Open | |
| 02 Jun 2022 | 100586610 | Others | ₹19 Cr | Open | |
| 06 Dec 2021 | 100517373 | Others | ₹23.75 Cr | Open | |
| 20 Aug 2021 | 100484052 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Credavenue Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Credavenue Private Limited has 70 court cases on record: 44 filed by Credavenue, 26 filed against it. 20 cases are pending and 50 are disposed.
Total cases
70
Filed by the company
44
Filed against the company
26
Pending
20
Disposed
50
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 66 | 25 | 18 |
| District courts | 4 | 1 | 2 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed by the company against Nilkanth Concast Private Limited Through Mr. Chandrashekar Ayachi | Pending |
| Madras High Court | Appeal | Filed by the company against Yubi Markets Private Limited and 1 other | Pending |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed by the company against M/S Seapol Port Private Limited | Pending |
| Madras High Court | Appeal | Filed against the company by Seapol Port Private Limited | Disposed |
| Madras High Court | Appeal | Filed by the company against Umi Capital Services Private Limited and 1 other | Disposed |
To see the full case history of Credavenue Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Credavenue Private Limited has 5 MSME Form 1 returns on record between 2021 and 2023, listing 22 overdue payments to 12 micro and small suppliers. 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 (5 of 12)
To see the full MSME payment records of Credavenue Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Credavenue has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Credavenue Securities Private Limited | U65990TN2021PTC144175 | |
| Bluevine Technologies Private Limited | U72900GJ2015PTC084737 | |
| Spocto Solutions Private Limited | U74999MH2020PTC337918 |
To see the full group structure of Credavenue Private Limited, buy the company report.
Employees & EPFO
Credavenue Private Limited has a workforce of 676 employees on its EPFO records as of Sep 19, 2024, across 1 active EPFO establishment.
Employee count
676
Active EPFO establishments
1
Employee growth
-3.43%
GST
Credavenue has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICC9126C1ZY | Tamil Nadu | Active | 28 Oct 2020 |
| 29AAICC9126C1ZN | Karnataka | Active | 10 Mar 2022 |
| 06AAICC9126C1ZV | Haryana | Active | 25 Aug 2022 |
| 27AAICC9126C1ZR | Maharashtra | Active | 22 Mar 2024 |
To see the full GST registrations and return filing status of Credavenue Private Limited, buy the company report.
Recent activity
Credavenue Private Limited has 28 board changes on record since 2020: 11 appointments and 17 cessations. The latest: Gaurav Malhotra ceased to be Additional Director on 03 Nov 2025.
Charges
A charge with Others of Rs. 300.00 Cr registered on 09 Oct 2025 with Charge ID 101198480 was modified on 19 Feb 2026.
Ceased
Gaurav Malhotra ceased to be Additional Director.
Charges
A charge with Others of Rs. 19.00 Cr registered on 02 Jun 2022 with Charge ID 100586610 was modified on 13 Oct 2025.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101198480 was registered on 09 Oct 2025.
Appointed
Gaurav Malhotra was appointed as Director.
AGM
Credavenue Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Ceased
Ajay Kumar Choudhary ceased to be Additional Director.
Ceased
Apoorva Goyal ceased to be Additional Director.
Appointed
Ajay Kumar Choudhary was appointed as Director.
Appointed
Apoorva Goyal was appointed as Director.
Filing
Credavenue Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others of Rs. 20.00 Cr registered on 05 Apr 2024 with Charge ID 100907830 was modified on 24 Jun 2024.
37 earlier events are in the company report.
News
Frequently asked questions
Credavenue is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 August 2020 (6+ years old) and is registered under CIN U72900TN2020PTC137251.
Credavenue has 11 current directors:
- Kumar Gaurav - Managing Director
- Ajay Kumar Choudhary - Director
- Gopal Srinivasan - Director
- Anil Mehta - Director
- Anuvrat Jain - Director
- Vineet Sukumar - Director
- Anup Wadhawan - Director
- John Tyler Day - Director
- Apoorva Goyal - Director
- Sakshi Vijay Chopra - Director
- Gaurav Malhotra - Director
The latest financial statements of Credavenue on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Credavenue is 33AAICC9126C1ZY, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAICC9126C1ZN (Karnataka), 06AAICC9126C1ZV (Haryana), 27AAICC9126C1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Credavenue is U72900TN2020PTC137251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credavenue has 70 court cases on record: 44 filed by the company and 26 filed against it. 20 are pending. Most are in the high courts.
Credavenue was incorporated on 21 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Credavenue by revenue are Orange Business Services India Solutions Private Limited, Phasorz Technologies Private Limited, MPS Limited, Advantage Club Technologies Private Limited, Ruloans Distribution Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Gaurav Malhotra ceased to be Additional Director on 03 Nov 2025. Gaurav Malhotra was appointed as Director on 08 Oct 2025. Ajay Kumar Choudhary ceased to be Additional Director on 17 Jun 2025. Credavenue has 28 board changes on record in total.
Credavenue has 5 MSME Form 1 returns on record between 2021 and 2023, listing 22 overdue payments to 12 micro and small suppliers. The latest return was filed on 02 Jan 2024.
Credavenue can be reached through the website go-yubi.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Credavenue is at 12th Floor Prestige Polygon No. 471 Annasalai Nandanam, Chennai, Tamil Nadu, India – 600035.
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