About Discovery Info Labs Private Limited
Data last updated:
Discovery Info Labs Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 December 2015.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC084473. Its GSTIN is 29AAFCD5417N1Z8 (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.87 Lakh. It was led by directors including Neeraj Kumar Gupta and Vijay Anand Vittal Ram Manicka.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 118 1st Floor The Arcade Itpl Main Road Brigade Metropolis Garudachar Palya, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.52 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹55.94 Lakh and EBITDA of -₹55.67 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.
The company was associated with 1 brand: Parentlane. The company has 9 deals on record (8 funding rounds, 1 acquisition), with disclosed funding of ₹6.71 Cr; the latest was in March 2023. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Techboy Solutions Private Limited with revenue of ₹3.53 Lakh.
The last known website on record is parentlane.com.
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- Website
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- Registered Address118 1st Floor The Arcade Itpl Main Road Brigade Metropolis Garudachar Palya, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support 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
- One PDF report, delivered after checkout
Business Activity of Discovery Info Labs Private Limited
The main business activity of Discovery Info Labs 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.
Financials of Discovery Info Labs Private Limited FY 2022 filings available
Discovery Info Labs Private Limited reported revenue of ₹3.52 Lakh (down 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Discovery Info Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 53% fall in the latest year. EBITDA fell 69% 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 of Discovery Info Labs Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹55.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹55.94 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Discovery Info Labs Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 Discovery Info Labs are in the company report.
Financial statements from FY 2016
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.
Peer Comparison of Discovery Info Labs Private Limited
Discovery Info Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techboy Solutions Private Limited | ₹3.53 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Bhuma Management Consultancy Private Limited | ₹3.52 Lakh (FY 2016) | •••• | •••• | -92.0% | •••• | Kolkata, West Bengal, India |
| Discount Buzz Private Limited | ₹3.52 Lakh (FY 2020) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Haizi IT Solutions Private Limited | ₹3.52 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Dhanbad, Jharkhand, India |
| Silver Jubilee Solutions Private Limited | ₹3.52 Lakh (FY 2018) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Discovery Info Labs Private Limited this company | ₹3.52 Lakh (FY 2022) | •••• | •••• | -53.0% | •••• | Bangalore, Karnataka, India |
| Ekwik Digital Private Limited | ₹3.52 Lakh (FY 2022) | •••• | •••• | -68.0% | •••• | Delhi, India |
| Opendev Technologies Private Limited | ₹3.52 Lakh (FY 2024) | •••• | •••• | 135136.0% | •••• | Pune, Maharashtra, India |
| Espros Technology Consultants Private Limited | ₹3.52 Lakh (FY 2017) | •••• | •••• | -50.0% | •••• | Madurai, Tamil Nadu, India |
| Dazonn Technologies Private Limited | ₹3.52 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Zirakpur, Punjab, India |
| Tvisbees Technologies Private Limited | ₹3.52 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Discovery Info Labs by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Discovery Info Labs Private Limited
Discovery Info Labs Private Limited is audited by M D A & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M D A & 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 Discovery Info Labs Private Limited
Discovery Info Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Kumar Gupta | Director | 02 Dec 2015 | 10 Years 10 Months | As last reported |
| Vijay Anand Vittal Ram Manicka | Director | 02 Dec 2015 | 10 Years 10 Months | As last reported |
| Vinod Sunder Raman Also directs: Megha M Vinod & Co. LLP | Irp/Rp/Liquidator | 23 May 2023 | 3 Years 4 Months | As last reported |
Ownership and Shareholding of Discovery Info Labs 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 Discovery Info Labs Private Limited
Discovery Info Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Discovery Info Labs Private Limited
Discovery Info Labs Private Limited has 9 deals on record (8 funding rounds, 1 acquisition), with disclosed funding of ₹6.71 Cr; the latest was in March 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Acquisition | Undisclosed | Buyer: Acko Technology & Services Private Limited |
| May 2022 | Funding round | ₹15.5 Lakh | Investors: Lifecell International Private Limited |
| Sep 2021 | Funding round | ₹72.7 Lakh | Investors: Lifecell International Private Limited |
| Jun 2021 | Funding round | ₹30.9 Lakh | Investors: Lifecell International Private Limited |
| Mar 2019 | Funding round | ₹1.72 Cr | Investors: Lifecell International Private Limited , an individual |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Discovery Info Labs Private Limited
Discovery Info Labs operates one associated brand: Parentlane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI powered personalised digital health platform for maternity and child health | parentlane.com |
Employees and EPFO Compliance at Discovery Info Labs Private Limited
Employment history and EPFO contributions of people linked to Discovery Info Labs.
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.
News related to Discovery Info Labs Private Limited
Recent Activity on Discovery Info Labs Private Limited
Discovery Info Labs Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Vinod Sunder Raman was appointed as Irp/Rp/Liquidator on 23 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Discovery Info Labs 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 Discovery Info Labs 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 Discovery Info Labs 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.
GST Compliance of Discovery Info Labs Private Limited
Discovery Info Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD5417N1Z8 | Karnataka | Active | 01 Jul 2017 |
| 29AADCJ6226B1ZS | Karnataka | Active | 12 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.
MCA Filings & Documents of Discovery Info Labs 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.
Frequently Asked Questions about Discovery Info Labs Private Limited
Discovery Info Labs has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Discovery Info Labs was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 02 December 2015 and is registered under CIN U72200KA2015PTC084473. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Discovery Info Labs was incorporated on 02 December 2015. It is registered with the Registrar of Companies, Bangalore.
Discovery Info Labs had 3 directors:
- Neeraj Kumar Gupta - Director
- Vijay Anand Vittal Ram Manicka - Director
- Vinod Sunder Raman - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Discovery Info Labs is U72200KA2015PTC084473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Discovery Info Labs is at 118 1st Floor The Arcade Itpl Main Road Brigade Metropolis Garudachar Palya, Bangalore, Karnataka, India – 560048.
Yes, Discovery Info Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Discovery Info Labs can be reached through the website parentlane.com. Its registered office is in Bangalore, Karnataka, India.
Discovery Info Labs reported revenue of ₹3.52 Lakh for FY 2022 (down 53% YoY).
Discovery Info Labs has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.87 Lakh.
Discovery Info Labs reported a net loss of ₹55.94 Lakh and EBITDA of -₹55.67 Lakh for FY 2022, as per its filed financial statements.