About Crossweave Technology Solutions Private Limited
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Crossweave Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126482. Its GSTIN is 29AAICC2951M1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Syed Sajid Mustafa and Varsha Lokesh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 40 Chaitanya Greenford – 1 Seegehalli Via Kdg 12, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.75 Lakh (net margin 5.4%) and EBITDA of ₹4.44 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
The company is associated with 1 brand: Cross Weave.
For more details, the company can be reached via its website crossweave.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 40 Chaitanya Greenford – 1 Seegehalli Via Kdg 12, Bangalore, Karnataka, India – 560067
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Crossweave Technology Solutions Private Limited
The main business activity of Crossweave Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Crossweave Technology Solutions Private Limited FY 2024 filings available
Crossweave Technology Solutions Private Limited reported revenue of ₹51.4 Lakh (up 166% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Crossweave Technology Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 89% over three years, including 166% growth in the latest year. EBITDA fell 12% 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 of Crossweave Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.44 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.75 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Crossweave Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Crossweave Technology Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marketlinc India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Siveli Tech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Polus Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Kenroi Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chrompet, Tamil Nadu, India |
| Ent Matrix IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Golconda, Telangana, India |
| Crossweave Technology Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mindworx Software Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Invinge Technologies Private Limited | •••• | •••• | •••• | •••• | - | Raj Nagar Extension, Uttar Pradesh, India |
| Devision Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Fortius Infosolutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Deepsynapse (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Crossweave Technology Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions 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 |
|---|---|---|---|---|
| Varsha Lokesh | Additional Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Syed Sajid Mustafa | Director | 24 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Crossweave Technology Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions operates one associated brand: Cross Weave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT project management, MuleSoft development, and testing services to enterprises. | crossweave.co.in |
Employees and EPFO Compliance at Crossweave Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Crossweave Technology Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Jayaram Subramanian ceased to be Director on 31 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Crossweave Technology Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Crossweave Technology Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Crossweave Technology Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC2951M1Z7 | Karnataka | Active | 19 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Crossweave Technology Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Crossweave Technology Solutions Private Limited
Crossweave Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 24 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126482.
Crossweave Technology Solutions reported revenue of ₹51.4 Lakh for FY 2024 (up 166% YoY).
Crossweave Technology Solutions has 2 current directors:
- Varsha Lokesh - Additional Director
- Syed Sajid Mustafa - Director
Crossweave Technology Solutions reported a net profit of ₹2.75 Lakh (net margin 5.4%) and EBITDA of ₹4.44 Lakh (EBITDA margin 8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Crossweave Technology Solutions is 89% over three years. In the latest year (FY 2024) revenue rose 166%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Crossweave Technology Solutions is 29AAICC2951M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Crossweave Technology Solutions is U72900KA2019PTC126482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crossweave Technology Solutions was incorporated on 24 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Crossweave Technology Solutions by revenue are Marketlinc India Private Limited, Siveli Tech Private Limited, Polus Systems Private Limited, Kenroi Technologies Private Limited, Ent Matrix IT Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jayaram Subramanian ceased to be Director on 31 Mar 2022. Varsha Lokesh was appointed as Additional Director on 30 Mar 2022. Syed Sajid Mustafa was appointed as Director on 24 Jul 2019.
Yes, Crossweave Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).