MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0038816
Desiderata Impact Ventures Private Limited - internet in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹278.34 Cr
▲ 75% YoY
Net loss · FY 2025
₹5.87 Cr
Net margin -2.1%
EBITDA · FY 2025
₹93.91 Cr
EBITDA margin 33.7%
Authorised capital
₹34.69 Lakh
Registered with MCA
Paid-up capital
₹1.29 Lakh
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹7 Cr
Company age
9 yrs
Est. 2017
Directors on board
5
As per MCA filings
About Desiderata Impact Ventures Private Limited
Data last updated:
Desiderata Impact Ventures Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 16 January 2017 and has been in existence for over 9 years.
Its director Himanshu Chandra and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC310632. Its GSTIN is 07AAGCD0303A1ZL (Delhi).
The company has an authorised share capital of ₹34.69 Lakh and a paid-up capital of ₹1.29 Lakh. It is led by directors including Himanshu Chandra (Whole-Time Director) and Pallavi Shrivastava (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 1st Floor C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.34 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net loss of ₹5.87 Cr (net margin -2.1%) and EBITDA of ₹93.91 Cr (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 182% over five years.
Its group structure includes 3 subsidiaries.
The company is associated with 3 brands: Progfin, Progcap and ProgComm. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹7 Cr on record. Court records list 1,902 cases involving the company, including 1,885 filed by the company and 17 filed against it; 922 cases are pending. The company has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹829.4 Cr; the latest was in June 2022. Its 3 peer companies in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is Champion Software Technologies Limited with revenue of ₹321.81 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier.
Desiderata Impact Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0038816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website progcap.com.
Company details
CIN U74999DL2017PTC310632
Registration Number 310632
Incorporation Date 16 January 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0038816
Key People
Himanshu Chandra Whole-Time Director Pallavi Shrivastava Whole-Time Director Ashish Agrawal Nominee Director Recognitions & Rankings of Desiderata Impact Ventures
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,482 Himanshu Chandra & family ₹1,400 Cr
Contact details
Desiderata Impact Ventures Private Limited's registered office is in New Delhi, Delhi. Its website is progcap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address1st Floor C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Desiderata Impact Ventures Private Limited, buy the company report.
Comprehensive company report
Desiderata Impact Ventures 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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Brands
Desiderata Impact Ventures operates multiple associated brands including Progfin, Progcap, and ProgComm. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Progfin offers non-banking financial services tailored for entrepreneurs and small businesses. | progfin.in | |
| Provider of financial and technology products for small and medium businesses | progcap.com | |
| B2B sales are digitized via a unified SaaS commerce platform. | progcomm.com |
Business activity
The main business activity of Desiderata Impact Ventures is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Desiderata Impact Ventures Private Limited, buy the company report.
Financials of Desiderata Impact Ventures Private Limited
FY 2025 filings availableDesiderata Impact Ventures Private Limited reported revenue of ₹278.34 Cr (up 75% YoY) for FY 2025.
Revenue · FY 2025
₹278.34 Cr ▲ 75%
Net loss · FY 2025
₹5.87 Cr margin -2.1%
EBITDA · FY 2025
₹93.91 Cr margin 33.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 94%
5 years · compounded
▲ 182%
EBITDA CAGR growth
1 year
▲ 635%
3 years · compounded
▲ 91%
5 years · compounded
▲ 72%
Revenue has grown at a compounded annual rate (CAGR) of 182% over five years, including 75% growth in the latest year. EBITDA rose 635% 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 | ₹93.91 Cr | ||||
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| Net Profit (PAT) | -₹5.87 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 | 33.7% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Desiderata Impact Ventures Private Limited, buy the company report.
Board of directors of Desiderata Impact Ventures Private Limited
Desiderata Impact Ventures has 5 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 |
|---|---|---|---|---|
| Ashish Agrawal Also directs: Mettle Solutions LLP, Mettle Capital Management LLP, Mettle Capital Venture LLP and 1 more | Nominee Director | 08 Mar 2024 | 2 Years 7 Months | Current |
| Himanshu Chandra | Whole-Time Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Manu Rikhye | Nominee Director | 06 Nov 2018 | 7 Years 11 Months | Current |
| Pallavi Shrivastava | Whole-Time Director | 16 Jan 2017 | 9 Years 9 Months | Current |
| Remika Agarwal Also directs: Fusion Finance Limited, Cisv India Private Limited | Nominee Director | 25 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Desiderata Impact Ventures Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Champion Software Technologies Limited | ₹321.81 Cr (FY 2025) | 40.0% | Rajkot, Gujarat, India | |||
| Freecharge Payment Technologies Private Limited | ₹312.21 Cr (FY 2025) | -33.0% | Gurgaon, Haryana, India | |||
| Desiderata Impact Ventures Private Limitedthis company | ₹278.34 Cr (FY 2025) | -₹5.87 Cr | -2.1% | 75.0% | New Delhi, Delhi, India | |
| Fiserv Merchant Solutions Private Limited | ₹250.99 Cr (FY 2025) | -49.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Desiderata Impact Ventures Private Limited, buy the company report.
Auditor
Desiderata Impact Ventures Private Limited is audited by S.K. MEHTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. MEHTA & CO. | FY 2023 | 000478N |
Shareholding
The shareholding of Desiderata Impact Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Desiderata Impact Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2024 | 100880295 | Sidbi | ₹15 Cr | Open | |
| 07 Jan 2021 | 100421244 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Desiderata Impact Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Desiderata Impact Ventures Private Limited has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹829.4 Cr; the latest was in June 2022.
Total deals
10
Funding rounds
6
Debt financings
2
Secondary share transfers
2
Disclosed funding
₹829.4 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round · Series C | ₹220.76 Cr | Investors: Tiger Global, Creation Investments Social Ventures, Peak XV Partners (Sequoia India and SEA) |
| Jun 2021 | Funding round · Series B | ₹182.5 Cr | Investors: Peak XV Partners (Sequoia India and SEA), Tiger Global |
| Feb 2021 | Debt financing | ₹10 Cr | Investors: Stride Ventures |
| Jan 2021 | Funding round · Pre-Series B | ₹1.05 Cr | Investors: Stride Ventures |
| Jan 2021 | Debt financing | ₹20 Cr | Investors: Stride Ventures |
To see the full deal history of Desiderata Impact Ventures 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
Desiderata Impact Ventures Private Limited has 1,902 court cases on record: 1,885 filed by Desiderata Impact Ventures, 17 filed against it. 922 cases are pending and 980 are disposed.
Total cases
1,902
Filed by the company
1,885
Filed against the company
17
Pending
922
Disposed
980
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,894 | 13 | 919 |
| High courts | 7 | 3 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 1,902)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Commercial suit | Filed against the company by GBL Chemical Limited and 2 others | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by Mason Steel Traders Pvt. Ltd. | Pending |
| High Court | Court case (LPETN) | Filed against the company by GBL Chemical Limited DSK Legal and 2 others | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by an individual | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by Sanjeev Kumar Proprietor of M/S Sanjeev Kumar and Co. | Pending |
To see the full case history of Desiderata Impact Ventures 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
Desiderata Impact Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hja & Associates LLP |
To see the full MSME payment records of Desiderata Impact Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Desiderata Impact Ventures has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Progcash Finance Services Private Limited | U65990DL2021PTC382979 | |
| Progfin Private Limited | U67120MH1992PTC068281 | |
| Progcap Financial Services Private Limited | U74110DL2019PTC350878 |
To see the full group structure of Desiderata Impact Ventures Private Limited, buy the company report.
GST
Desiderata Impact Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCD0303A1ZL | Delhi | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of Desiderata Impact Ventures Private Limited, buy the company report.
Recent activity
Desiderata Impact Ventures Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Remika Agarwal was appointed as Nominee Director on 25 Aug 2025.
AGM
Desiderata Impact Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Remika Agarwal was appointed as Nominee Director.
Ceased
John Tyler Day ceased to be Nominee Director.
Filing
Desiderata Impact Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Ashish Agrawal was appointed as Nominee Director.
Charges
A charge with Sidbi amounted to Rs. 1,500.00 Lakh with Charge ID 100880295 was registered on 07 Mar 2024.
Charges
A charge registered on 07 Jan 2021 via Charge ID 100421244 with Others was fully satisfied on 20 Mar 2023.
Ceased
Himanshu Chandra ceased to be Director.
Ceased
Pallavi Shrivastava ceased to be Director.
Charges
A charge with Others of Rs. 700.00 Lakh registered on 07 Jan 2021 with Charge ID 100421244 was modified on 25 Feb 2021.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100421244 was registered on 07 Jan 2021.
Appointed
Manu Rikhye was appointed as Nominee Director.
3 earlier events are in the company report.
News
Frequently asked questions
Desiderata Impact Ventures is an active private limited company based in New Delhi, Delhi, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 16 January 2017 (9+ years old) and is registered under CIN U74999DL2017PTC310632.
Desiderata Impact Ventures has 5 current directors:
- Himanshu Chandra - Whole-Time Director
- Pallavi Shrivastava - Whole-Time Director
- Ashish Agrawal - Nominee Director
- Manu Rikhye - Nominee Director
- Remika Agarwal - Nominee Director
The latest financial statements of Desiderata Impact Ventures 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 2017 are in the company report.
The GSTIN of Desiderata Impact Ventures is 07AAGCD0303A1ZL, registered in Delhi.
The CIN (Corporate Identification Number) of Desiderata Impact Ventures is U74999DL2017PTC310632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desiderata Impact Ventures has 1,902 court cases on record: 1,885 filed by the company and 17 filed against it. 922 are pending. Most are in the district courts.
Desiderata Impact Ventures was incorporated on 16 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Desiderata Impact Ventures has 10 deals on record (6 funding rounds, 2 debt financings, 2 secondary share transfers), with disclosed funding of ₹829.4 Cr; the latest was in June 2022.
The peers of Desiderata Impact Ventures by revenue are Champion Software Technologies Limited, Freecharge Payment Technologies Private Limited, Fiserv Merchant Solutions Private Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities).
Remika Agarwal was appointed as Nominee Director on 25 Aug 2025. John Tyler Day ceased to be Nominee Director on 29 May 2025. Ashish Agrawal was appointed as Nominee Director on 08 Mar 2024. Desiderata Impact Ventures has 8 board changes on record in total.
Yes, Desiderata Impact Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0038816).
Desiderata Impact Ventures has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2020.