Startup India Government of India
Cxwai Tech India Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.08 Cr
▲ 13% YoY
Net loss · FY 2025
₹3.92 Cr
Net margin -15.6%
EBITDA · FY 2025
-₹3.89 Cr
EBITDA margin -15.5%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹2.08 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Cxwai Tech India Private Limited
Data last updated:
Cxwai Tech India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Firsthive Tech Corporation and recognised as a startup by DPIIT. It operates in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 15 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC124335. Its GSTIN is 29AAICC1777D1ZK (Karnataka).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.08 Cr. It is led by directors Aditya Bhamidipaty (Managing Director) and Mavanur Venkatachala Sampath Kumar Iyengar.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hustlehubtechpark, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.08 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹3.92 Cr (net margin -15.6%) and EBITDA of -₹3.89 Cr (EBITDA margin -15.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 rights issues); the latest was in October 2021.
Cxwai Tech India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0023229). For more details, the company can be reached via its website worldswipe.com.
Company details
CIN U72900KA2019FTC124335
Registration Number 124335
Incorporation Date 15 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Firsthive Tech Corporation
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-02-0023229
Recognitions & Rankings of Cxwai Tech India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0023229
Contact details
Cxwai Tech India Private Limited's registered office is in Bangalore, Karnataka. Its website is worldswipe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHustlehubtechpark Buildings209 II Floor #36/5 Haralukunte Village 27th Main Road Hsr, Layout, Bangalore, Karnataka, India – 560102
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
To see the full contact details of Cxwai Tech India Private Limited, buy the company report.
Comprehensive company report
Cxwai Tech India 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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Business activity
The main business activity of Cxwai Tech India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cxwai Tech India Private Limited, buy the company report.
Financials of Cxwai Tech India Private Limited
FY 2025 filings availableCxwai Tech India Private Limited reported revenue of ₹25.08 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹25.08 Cr ▲ 13%
Net loss · FY 2025
₹3.92 Cr margin -15.6%
EBITDA · FY 2025
-₹3.89 Cr margin -15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 25%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 261%
3 years · compounded
▼ 20%
5 years · compounded
▼ 40%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 13% growth in the latest year. EBITDA fell 261% 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 | -₹3.89 Cr | ||||
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| Net Profit (PAT) | -₹3.92 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -15.5% | ||||
| Net Profit Margin | -15.6% | ||||
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To see the full financial statements and ratios of Cxwai Tech India Private Limited, buy the company report.
Board of directors of Cxwai Tech India Private Limited
Cxwai Tech India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mavanur Venkatachala Sampath Kumar Iyengar | Director | 10 Oct 2022 | 4 Years 0 Months | Current |
| Aditya Bhamidipaty | Managing Director | 30 Oct 2019 | 6 Years 11 Months | Current |
Auditor
Cxwai Tech India Private Limited is audited by K P RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P RAO & CO | FY 2023 | 003135S |
Shareholding
The shareholding of Cxwai Tech India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Cxwai Tech India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2019 | 100285240 | Axis Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Cxwai Tech India Private Limited has 2 deals on record (2 rights issues); the latest was in October 2021.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹1.99 Cr | Investors: Firsthive Tech Corporation |
| Aug 2019 | Rights issue | ₹8.5 Lakh | Investors: Firsthive Tech Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cxwai Tech India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed against the company by Exide Industries Limited | Disposed |
To see the full case history of Cxwai Tech India 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
No delayed payments to MSME suppliers are on our record for Cxwai Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cxwai Tech India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC1777D1ZK | Karnataka | Active | 02 Jul 2019 |
To see the full GST registrations and return filing status of Cxwai Tech India Private Limited, buy the company report.
Recent activity
Cxwai Tech India Private Limited has 8 board changes on record since 2019: 5 appointments and 3 cessations. The latest: Mavanur Venkatachala Sampath Kumar Iyengar was appointed as Director on 10 Oct 2022.
AGM
Cxwai Tech India Private Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Filing
Cxwai Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Mavanur Venkatachala Sampath Kumar Iyengar was appointed as Director.
Ceased
Ramachandra Kaundinya Vinnakota ceased to be Director.
Ceased
Chhavi Aggarwal ceased to be Director.
Appointed
Ramachandra Kaundinya Vinnakota was appointed as Director.
Ceased
Sailaja Nori ceased to be Director.
Appointed
Aditya Bhamidipaty was appointed as Managing Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100285240 was registered on 02 Aug 2019.
Appointed
Chhavi Aggarwal was appointed as Director.
Appointed
Sailaja Nori was appointed as Director.
Incorporation
15 May 2019
Cxwai Tech India Private Limited was registered on 15 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Cxwai Tech India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 15 May 2019 (7+ years old) and is registered under CIN U72900KA2019FTC124335.
Cxwai Tech India has 2 current directors:
- Aditya Bhamidipaty - Managing Director
- Mavanur Venkatachala Sampath Kumar Iyengar - Director
The latest financial statements of Cxwai Tech India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Cxwai Tech India is 29AAICC1777D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Cxwai Tech India is U72900KA2019FTC124335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cxwai Tech India has 1 court case on record: 1 filed against it.
Cxwai Tech India was incorporated on 15 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Cxwai Tech India has 2 deals on record (2 rights issues); the latest was in October 2021.
Mavanur Venkatachala Sampath Kumar Iyengar was appointed as Director on 10 Oct 2022. Ramachandra Kaundinya Vinnakota ceased to be Director on 10 Oct 2022. Chhavi Aggarwal ceased to be Director on 09 Nov 2019. Cxwai Tech India has 8 board changes on record in total.
Yes, Cxwai Tech India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).