
Cricut India Private Limited
About Cricut India Private Limited
Data last updated:
Cricut India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Cricut Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021FTC155826. Its GSTIN is 29AAJCC9924H1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gagan Verma and Lauren Ashley Curtin.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.46 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹70.34 Lakh (net margin 9.4%) and EBITDA of ₹97.78 Lakh (EBITDA margin 13.1%).
The company has about 11 employees on its provident fund (EPFO) records.
Company details
Contact details
Cricut India Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAwfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cricut India 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
Business activity
The main business activity of Cricut India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Cricut India Private Limited, buy the company report.
Financials of Cricut India Private Limited
FY 2025 filings availableCricut India Private Limited reported revenue of ₹7.46 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year. EBITDA rose 70% 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 |
|---|---|---|---|---|
| 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 | ₹97.78 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹70.34 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.1% | |||
| Net Profit Margin | 9.4% | |||
| 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 Cricut India Private Limited, buy the company report.
Board of directors of Cricut India Private Limited
Cricut India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Verma Also directs: Evs Engineering India Private Limited | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Lauren Ashley Curtin | Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Cricut India Private Limited is audited by Ashok Maheshwary & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Maheshwary & Associates LLP | FY 2023 | 003446N/N500031 |
Shareholding
The shareholding of Cricut India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cricut India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cricut India 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 Cricut India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cricut India Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Cricut India Private Limited, buy the company report.
GST
Cricut India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC9924H1Z6 | Karnataka | Active | 10 Mar 2022 |
To see the full GST registrations and return filing status of Cricut India Private Limited, buy the company report.
Recent activity
Cricut India Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Lauren Ashley Curtin was appointed as Director on 26 Sep 2025.
Frequently asked questions
Cricut India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 December 2021 (5+ years old) and is registered under CIN U51909KA2021FTC155826.
Cricut India has 2 current directors:
- Gagan Verma - Director
- Lauren Ashley Curtin - Director
The latest financial statements of Cricut India 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 2022 are in the company report.
The GSTIN of Cricut India is 29AAJCC9924H1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Cricut India is U51909KA2021FTC155826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cricut India was incorporated on 21 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Lauren Ashley Curtin was appointed as Director on 26 Sep 2025. Donald Blair Olsen was appointed as Director on 21 Dec 2021. Gagan Verma was appointed as Director on 21 Dec 2021.
The registered office of Cricut India is at Awfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066.
Cricut India operates in the information technology industry, in the application development and software solutions segment.
Cricut India can be reached at its registered office: Awfis Psn Whitefield 10th Floor Tower B Prestige Shantiniketan Itpl Main Road, Whitefield, Bengaluru, Karnataka, India – 560066.

