About Drivology Solutions Private Limited
Data last updated:
Drivology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085075. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors Kumar Gaurav and Dhananjay Kumar.
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 is at No.2774/2775 21st Main Opposite Rto Building Hsr Layout Sector – 1, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹75.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.91 Lakh (net margin 5.2%) and EBITDA of ₹4.66 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 1% over five years.
The company is associated with 1 brand: DriveKool. The company has 1 deal on record (1 funding round), with disclosed funding of ₹38.9 Lakh; the latest was in November 2016. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Learning Lab Bengaluru Private Limited with revenue of ₹75.5 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website drivekool.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.2774/2775 21st Main Opposite Rto Building Hsr Layout Sector – 1, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Drivology Solutions Private Limited
The main business activity of Drivology Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Drivology Solutions Private Limited FY 2022 filings available
Drivology Solutions Private Limited reported revenue of ₹75.45 Lakh (up 2250% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Drivology Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 165% 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 Drivology Solutions 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 | ₹75.45 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.91 Lakh | •••• | •••• | •••• | •••• |
| 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 Drivology Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 Drivology Solutions 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 Drivology Solutions Private Limited
Drivology Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Learning Lab Bengaluru Private Limited | ₹75.5 Lakh (FY 2019) | •••• | •••• | 1008.0% | •••• | Bangalore, Karnataka, India |
| Richway Financial Services Private Limited | ₹75.5 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Au-Fait Fincare Private Limited | ₹75.49 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Naheed Smallshark (OPC) Private Limited | ₹75.49 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Siwan, Bihar, India |
| Lorven Corporate Private Limited | ₹75.47 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Hyderabad, Telangana, India |
| Drivology Solutions Private Limited this company | ₹75.45 Lakh (FY 2022) | •••• | •••• | 2250.0% | •••• | Bangalore, Karnataka, India |
| Cimpact Consulting Services Private Limited | ₹75.44 Lakh (FY 2023) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Pyrite Sky Mines & Minerals Private Limited | ₹75.42 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Nagpur, Maharashtra, India |
| Buzzbt Business Consultancy Private Limited | ₹75.4 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Burphy Advisors Private Limited | ₹75.4 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Jaipur, Rajasthan, India |
| Cas Advisor Private Limited | ₹75.38 Lakh (FY 2025) | •••• | •••• | 280.0% | •••• | Navrangpura, Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Drivology Solutions by revenue in the Outsourcing industry (Consulting Services), 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 Drivology Solutions Private Limited
Drivology Solutions Private Limited is audited by RAKCHAMPS & CO.LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKCHAMPS & CO.LLP | 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 Drivology Solutions Private Limited
Drivology 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 |
|---|---|---|---|---|
| Kumar Gaurav | Director | 01 Jan 2016 | 10 Years 9 Months | Current |
| Dhananjay Kumar Also directs: Oneplug EV Technologies Private Limited | Director | 07 Jun 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Drivology 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 Drivology Solutions Private Limited
Drivology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Drivology Solutions Private Limited
Drivology Solutions Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹38.9 Lakh; the latest was in November 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Funding round | ₹38.9 Lakh | Investors: an individual |
Full deal history
All 1 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 Drivology Solutions Private Limited
Drivology Solutions operates one associated brand: DriveKool. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Driving schools are searched and booked via an online platform. | drivekool.com |
Employees and EPFO Compliance at Drivology Solutions Private Limited
Employment history and EPFO contributions of people linked to Drivology Solutions.
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 Drivology Solutions Private Limited
Recent Activity on Drivology Solutions Private Limited
Drivology Solutions Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Mahesh Gidwani ceased to be Director on 30 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Drivology 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 Drivology 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 Drivology 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.
GST Compliance of Drivology Solutions Private Limited
Drivology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Drivology 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.
Frequently Asked Questions about Drivology Solutions Private Limited
Drivology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 January 2016 (10+ years old) and is registered under CIN U72200KA2016PTC085075.
Drivology Solutions reported revenue of ₹75.45 Lakh for FY 2022 (up 2250% YoY).
Drivology Solutions has 2 current directors:
- Kumar Gaurav - Director
- Dhananjay Kumar - Director
Drivology Solutions reported a net profit of ₹3.91 Lakh (net margin 5.2%) and EBITDA of ₹4.66 Lakh (EBITDA margin 6.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drivology Solutions is -28% over three years and 1% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Drivology Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Drivology Solutions is U72200KA2016PTC085075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drivology Solutions was incorporated on 01 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Drivology Solutions has 1 deal on record (1 funding round), with disclosed funding of ₹38.9 Lakh; the latest was in November 2016.
The peers of Drivology Solutions by revenue are Learning Lab Bengaluru Private Limited, Richway Financial Services Private Limited, Au-Fait Fincare Private Limited, Naheed Smallshark (OPC) Private Limited, Lorven Corporate Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Mahesh Gidwani ceased to be Director on 30 Apr 2019. Dhananjay Kumar ceased to be Additional Director on 30 Sep 2018. Dhananjay Kumar was appointed as Director on 07 Jun 2018. Drivology Solutions has 4 board changes on record in total.