About Digverve Solutions Private Limited
Data last updated:
Digverve Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the elearning and digital education segment of the education sector. It was incorporated on 21 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC104027. Its GSTIN is 29AAGCD2307N1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pratham Jain and Jay Bhaskar.
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 170 Second Floor 9th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.35 Lakh, a decline of 25% compared to the previous year.
The company is associated with 1 brand: DigVerve.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digverve.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address170 Second Floor 9th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryEducation, eLearning & Digital Education
- 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 Digverve Solutions Private Limited
Digverve Solutions operates one associated brand: DigVerve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a cloud-based learning management system for educators and students. | digverve.com |
Competitors & Alternatives of Digverve Solutions Private Limited
Brands and companies operating in the same space as Digverve Solutions Private Limited include Instructure, D2L, 2U and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Instructure | Cloud-based learning management systems are provided for educational courses. | Salt Lake City, United States | 1999 |
 D2L | Learning management systems are provided for multiple sectors. | Kitchener, Canada | 1999 |
 2U | Learning platforms are provided for students from preschool to college. | Annapolis, United States | 2008 |
 Moodle | An open-source learning management platform is developed for education. | Perth, Australia | 2001 |
 GetSet Learning | Collaborative online platform for post-secondary student learning is facilitated. | Chicago, United States | 2012 |
 Macmillan Learning | Provider of digital learning tools and classroom solutions | New York, United States | 1946 |
 Schoology | Online platform offering learning management system | New York, United States | 2009 |
 Academic Partnerships | Online degree programs are facilitated via university partnerships. | Dallas, United States | 2007 |
 Zuvio | Assessment and audience response tools for universities are provided. | Taipei, Taiwan | 2013 |
Business Activity of Digverve Solutions Private Limited
The main business activity of Digverve Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Digverve Solutions Private Limited
Digverve Solutions Private Limited is audited by MANN & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANN & Co | 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 Digverve Solutions Private Limited
Digverve Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratham Jain | Director | 06 Apr 2018 | 8 Years 5 Months | Current |
| Jay Bhaskar Also directs: Gypsee Automotive Private Limited | Director | 21 Jun 2017 | 9 Years 3 Months | Current |
Financials of Digverve Solutions Private Limited FY 2023 filings available
Digverve Solutions Private Limited reported revenue of ₹10.35 Lakh (down 25.00% YoY) for FY 2023.
Financial Statement Summary of Digverve Solutions 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 | ₹10.35 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Digverve Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Digverve Solutions are in the company report.
Financial statements from 2015
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 Digverve Solutions 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 Digverve Solutions Private Limited
Digverve Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Digverve Solutions Private Limited
Digverve Solutions Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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 Digverve Solutions Private Limited
Digverve Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCD2307N1ZG | Karnataka | Active | 15 Sep 2017 |
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 Digverve Solutions 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 Digverve Solutions 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 Digverve Solutions 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 Digverve Solutions 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 Digverve Solutions Private Limited
Frequently Asked Questions about Digverve Solutions Private Limited
Digverve Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in elearning and digital education, within the education industry. It was incorporated on 21 June 2017 (9+ years old) and is registered under CIN U72900KA2017PTC104027.
Digverve Solutions reported revenue of ₹10.35 Lakh for FY 2023 (down 25.00% YoY).
Digverve Solutions has 2 current directors:
- Pratham Jain - Director
- Jay Bhaskar - Director
The GSTIN of Digverve Solutions is 29AAGCD2307N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Digverve Solutions is U72900KA2017PTC104027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digverve Solutions was incorporated on 21 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Digverve Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Digverve Solutions can be reached through the website digverve.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Digverve Solutions is at 170 Second Floor 9th Main Sector 7 Hsr Layout, Bangalore, Karnataka, India – 560102.