About Cutting Chai Technologies Private Limited
Data last updated:
Cutting Chai Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 23 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2015PTC265906. Its GSTIN is 27AAGCC0771K1ZJ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.99 Lakh. It is led by directors including Paritosh Prakashchandra Desai and Anand Fattechand Virani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 602/A Glengate Chs Ltd Cliff Avenue Hirandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.39 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹66.89 Lakh (net margin -285.9%) and EBITDA of ₹1.09 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
The company is associated with 3 brands: Cutting Chai Technologies, Ohai and Inventa Now.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inventanow.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address602/A Glengate Chs Ltd Cliff Avenue Hirandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryInternet, Online Service Marketplaces
- 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
Associated Brands with Cutting Chai Technologies Private Limited
Cutting Chai Technologies operates multiple associated brands including Cutting Chai Technologies, Ohai, and Inventa Now. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hyperlocal social networking app | ohaiapp.com | |
| SaaS-based proximity marketing solutions are offered for O2O businesses. | inventanow.com | |
| Limited information available | cuttingchaitech.com |
Competitors & Alternatives of Cutting Chai Technologies Private Limited
Brands and companies operating in the same space as Cutting Chai Technologies Private Limited include Bluecore, Zenput, Purple and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Bluecore | Automated personalized trigger-based emails are delivered for e-commerce behavior. | New York, United States | 2013 |
 Zenput | Zenput is utilized as an operations execution platform for multi-unit operators. | San Francisco, United States | 2011 |
 Purple | Wi-Fi-based in-store analytics solutions are provided for offline retailers. | Oldham, United Kingdom | 2012 |
 Beaconsmind | Location-based marketing solutions for retail are delivered using Beacon technology. | Zurich, Switzerland | 2015 |
 Catalina | Personalized digital marketing solutions are delivered to retailers. | St. Petersburg, United States | 1983 |
 Yodle | Online marketing service provider to local businesses | New York, United States | 2005 |
 Sensorberg | IoT enabled solutions for multi industry applications | Berlin, Germany | 2013 |
 Geoblink | Location intelligence is delivered via a SaaS geospatial BI platform. | Majadahonda, Spain | 2015 |
 At The Pool | Connections are enabled through location-based interest mapping for nearby users. | Los Angeles, United States | 2011 |
 SoulChill | Offers a dating app that connects users with friends based on shared interests and personalities. | Istanbul, Turkey | 2019 |
Business Activity of Cutting Chai Technologies Private Limited
The main business activity of Cutting Chai Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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.
Auditor Details of Cutting Chai Technologies Private Limited
Cutting Chai Technologies Private Limited is audited by S P SULE & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P SULE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cutting Chai Technologies Private Limited
Cutting Chai Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paritosh Prakashchandra Desai | Director | 01 May 2019 | 7 Years 5 Months | Current |
| Anand Fattechand Virani | Director | 23 Jun 2015 | 11 Years 3 Months | Current |
| Rohit Tiwari Also directs: Bhrmaa Software Solutions Private Limited | Director | 31 May 2019 | 7 Years 4 Months | Current |
Financials of Cutting Chai Technologies Private Limited FY 2023 filings available
Cutting Chai Technologies Private Limited reported revenue of ₹23.39 Lakh (down 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Cutting Chai Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 75% fall in the latest year. EBITDA fell 96% 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 Cutting Chai Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66.89 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 of Cutting Chai Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -285.9% | •••• | •••• | •••• | •••• |
| 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 Cutting Chai Technologies are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Cutting Chai Technologies 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 Cutting Chai Technologies Private Limited
Cutting Chai Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cutting Chai Technologies Private Limited
Employment history and EPFO contributions of people linked to Cutting Chai Technologies.
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.
GST Compliance of Cutting Chai Technologies Private Limited
Cutting Chai Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC0771K1ZJ | Maharashtra | Active | 21 Mar 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Cutting Chai Technologies 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 Cutting Chai Technologies 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 Cutting Chai Technologies 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.
MCA Filings & Documents of Cutting Chai Technologies 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.
Recent Activity on Cutting Chai Technologies Private Limited
Frequently Asked Questions about Cutting Chai Technologies Private Limited
Cutting Chai Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 23 June 2015 (11+ years old) and is registered under CIN U72200MH2015PTC265906.
Cutting Chai Technologies reported revenue of ₹23.39 Lakh for FY 2023 (down 75% YoY).
Cutting Chai Technologies has 3 current directors:
- Paritosh Prakashchandra Desai - Director
- Anand Fattechand Virani - Director
- Rohit Tiwari - Director
Cutting Chai Technologies reported a net loss of ₹66.89 Lakh (net margin -285.9%) and EBITDA of ₹1.09 Lakh (EBITDA margin 4.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cutting Chai Technologies is -32% over three years. In the latest year (FY 2023) revenue fell 75%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cutting Chai Technologies is 27AAGCC0771K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cutting Chai Technologies is U72200MH2015PTC265906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cutting Chai Technologies was incorporated on 23 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Cutting Chai Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).