- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0011179

About Defmacro Software Private Limited
Data last updated:
Defmacro Software Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Software Is Correct Inc.. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 29 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200HR2016PTC140767. Its GSTIN is 07AAFCD5862R1ZX (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹135 Cr and a paid-up capital of ₹113.41 Cr. It is led by directors including Archit Gupta (Whole-Time Director) and Srivatsan Ravindran Chari (Whole-Time Director).
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 C 245A Ground Floor Room No 1, Vikas Puri New Delhi 110018, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹277.11 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹95.62 Cr (net margin -34.5%) and EBITDA of -₹86.06 Cr (EBITDA margin -31.1%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 51% over five years.
The company has about 728 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: ClearTDS, Gyde and Clear. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending. The company has 13 deals on record (12 rights issues, 1 funding round), with disclosed funding of ₹7.11 Cr; the latest was in March 2026. The company has 10 MSME Form 1 returns on record between 2022 and 2024, listing 193 overdue payments to 34 micro and small suppliers.
Defmacro Software Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0011179). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cleartax.in.
Company details
CIN history
Defmacro Software has one previous CIN (Corporate Identification Number): U72200DL2016PTC290345. The current CIN is U72200HR2016PTC140767, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200HR2016PTC140767 | Current |
| U72200DL2016PTC290345 | Previous |
Recognitions & Rankings of Defmacro Software
Contact details
Defmacro Software Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered AddressC 245A Ground Floor Room No 1, Vikas Puri New Delhi 110018, Delhi, India – 110018
- IndustryInternet, Online Financial Services
- 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
Brands
Defmacro Software operates multiple associated brands including ClearTDS, Gyde, and Clear. Each brand links to its own profile.
Business activity
The main business activity of Defmacro Software is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Defmacro Software Private Limited, buy the company report.
Financials of Defmacro Software Private Limited
FY 2025 filings availableDefmacro Software Private Limited reported revenue of ₹277.11 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 29% growth 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 |
|---|---|---|---|---|---|
| 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 | -₹86.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹95.62 Cr | ||||
| 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31.1% | ||||
| Net Profit Margin | -34.5% | ||||
| 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 Defmacro Software Private Limited, buy the company report.
Board of directors of Defmacro Software Private Limited
Defmacro Software has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archit Gupta | Whole-Time Director | 29 Jan 2016 | 10 Years 9 Months | Current |
| Srivatsan Ravindran Chari | Whole-Time Director | 26 Sep 2020 | 6 Years 1 Months | Current |
| Raja Ram Gupta | Director | 29 Jan 2016 | 10 Years 9 Months | Current |
Deals & funding
Defmacro Software Private Limited has 13 deals on record (12 rights issues, 1 funding round), with disclosed funding of ₹7.11 Cr; the latest was in March 2026.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Rights issue | ₹122.63 Cr | Investors: Software Is Correct Inc |
| Nov 2024 | Rights issue | ₹107.51 Cr | Investors: Software Is Correct Inc |
| Mar 2024 | Rights issue | ₹33.35 Cr | Investors: Software Is Correct Inc |
| Mar 2024 | Funding round | ₹7.11 Cr | Investors: Tenacity Ventures |
| Jan 2023 | Rights issue | ₹82.76 Cr | Investors: Software Is Correct Inc |
To see the full deal history of Defmacro Software Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Defmacro Software Private Limited has 7 court cases on record: 3 filed by Defmacro Software, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by Clear Tax Online Consultancy Pvt Ltd & Ors. | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Endurance International Group India Private Limited and 4 others | Disposed |
| District court, Central, Delhi | Commercial suit | Filed by the company against Cleartax Presents GST Online Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Defmacro Software 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
Defmacro Software Private Limited has 10 MSME Form 1 returns on record between 2022 and 2024, listing 193 overdue payments to 34 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 34)
To see the full MSME payment records of Defmacro Software Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Defmacro Software has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCD5862R1ZX | Delhi | Active | 01 Jul 2017 |
| 29AAFCD5862R1ZR | Karnataka | Active | 01 Jul 2017 |
| 27AAFCD5862R1ZV | Maharashtra | Active | 04 Jan 2018 |
| 33AAFCD5862R1Z2 | Tamil Nadu | Active | 15 Jun 2023 |
To see the full GST registrations and return filing status of Defmacro Software Private Limited, buy the company report.
Recent activity
Defmacro Software Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Srivatsan Ravindran Chari was appointed as Whole-Time Director on 26 Sep 2020.
News
Frequently asked questions
Defmacro Software is an active private limited company based in New Delhi, Delhi, India. The company works in online financial services, within the internet industry. It was incorporated on 29 January 2016 (10+ years old) and is registered under CIN U72200HR2016PTC140767.
Defmacro Software has 3 current directors:
- Archit Gupta - Whole-Time Director
- Srivatsan Ravindran Chari - Whole-Time Director
- Raja Ram Gupta - Director
The latest financial statements of Defmacro Software 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 2016 are in the company report.
The GSTIN of Defmacro Software is 07AAFCD5862R1ZX, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAFCD5862R1ZR (Karnataka), 27AAFCD5862R1ZV (Maharashtra), 33AAFCD5862R1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Defmacro Software is U72200HR2016PTC140767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Defmacro Software has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Defmacro Software was incorporated on 29 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Defmacro Software has 13 deals on record (12 rights issues, 1 funding round), with disclosed funding of ₹7.11 Cr; the latest was in March 2026.
Srivatsan Ravindran Chari was appointed as Whole-Time Director on 26 Sep 2020. Srivatsan Ravindran Chari ceased to be Additional Director on 26 Sep 2020. Archit Gupta ceased to be Director on 08 Mar 2016. Defmacro Software has 6 board changes on record in total.
Yes, Defmacro Software is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0011179).
Defmacro Software has 10 MSME Form 1 returns on record between 2022 and 2024, listing 193 overdue payments to 34 micro and small suppliers. The latest return was filed on 18 Apr 2024.

