
About Devigere Biosolutions Private Limited
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Devigere Biosolutions Private Limited is a private limited company based in Davanagere, Karnataka, India, recognised as a startup by DPIIT. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01110KA2020PTC132521. Its GSTIN is 29AAHCD6614K1ZB (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.24 Lakh. It is led by directors Devigere Prabhakar Smitha and Abhishek Prabhakar Devigere.
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 1970/52 Ss Layout B Block, Davanagere, Karnataka, India – 577004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.36 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹55.58 Lakh and EBITDA of -₹50.68 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company is associated with 2 brands: Devigere Biosolutions and Devigere biosolutions. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in May 2024.
Devigere Biosolutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0021704). For more details, the company can be reached via its website devigerebiosolutions.in.
Company details
Recognitions & Rankings of Devigere Biosolutions
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-12-0021704
Contact details
Devigere Biosolutions Private Limited's registered office is in Davanagere, Karnataka. Its website is devigerebiosolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1970/52 Ss Layout B Block, Davanagere, Karnataka, India – 577004
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Devigere Biosolutions Private Limited, buy the company report.
- 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
Devigere Biosolutions operates two associated brands: Devigere Biosolutions and Devigere biosolutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces sustainable protein concentrates from pulses for food and wellness industries. | devigerebiosolutions.com | |
| Provider of plant based meat and dairy alternative products | devigerebiosolutions.in |
Business activity
The main business activity of Devigere Biosolutions is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Devigere Biosolutions Private Limited, buy the company report.
Financials of Devigere Biosolutions Private Limited
FY 2025 filings availableDevigere Biosolutions Private Limited reported revenue of ₹3.36 Lakh (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 72% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. 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
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| EBITDA | -₹50.68 Lakh | ||||
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| Net Profit (PAT) | -₹55.58 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Devigere Biosolutions Private Limited, buy the company report.
Board of directors of Devigere Biosolutions Private Limited
Devigere Biosolutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devigere Prabhakar Smitha Also directs: Ridhi Bioinnovations Private Limited | Director | 11 Feb 2020 | 6 Years 9 Months | Current |
| Abhishek Prabhakar Devigere Also directs: Ridhi Bioinnovations Private Limited | Director | 11 Feb 2020 | 6 Years 9 Months | Current |
Auditor
Devigere Biosolutions Private Limited is audited by SHARMA JADHAV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA JADHAV & CO | FY 2023 | 174602 |
Shareholding
The shareholding of Devigere Biosolutions Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devigere Biosolutions Private Limited, buy the company report.
Deals & funding
Devigere Biosolutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in May 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round · Seed | ₹3 Cr | Investors: Rainmatter Ventures |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Devigere Biosolutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devigere Biosolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devigere Biosolutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD6614K1ZB | Karnataka | Active | 22 Sep 2021 |
To see the full GST registrations and return filing status of Devigere Biosolutions Private Limited, buy the company report.
Recent activity
Devigere Biosolutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Abhishek Prabhakar Devigere was appointed as Director on 11 Feb 2020.
Frequently asked questions
Devigere Biosolutions is an active private limited company based in Davanagere, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 February 2020 (6+ years old) and is registered under CIN U01110KA2020PTC132521.
Devigere Biosolutions has 2 current directors:
- Devigere Prabhakar Smitha - Director
- Abhishek Prabhakar Devigere - Director
The latest financial statements of Devigere Biosolutions 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 2020 are in the company report.
The GSTIN of Devigere Biosolutions is 29AAHCD6614K1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Devigere Biosolutions is U01110KA2020PTC132521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devigere Biosolutions was incorporated on 11 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Devigere Biosolutions has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in May 2024.
Abhishek Prabhakar Devigere was appointed as Director on 11 Feb 2020. Devigere Prabhakar Smitha was appointed as Director on 11 Feb 2020.
Yes, Devigere Biosolutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Devigere Biosolutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-12-0021704).

