Dropshop Network Private Limited

Dropshop Network Private Limited - e-commerce in Bengaluru, Karnataka, India. FY 2026 financials and compliance.
CIN U72900KA2019PTC124212 Incorporated 09 May 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2023
₹38.36 Cr
▲ 33.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹10.55 Lakh
Registered with MCA
Paid-up capital
₹2.28 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹6.4 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
14
Latest available

About Dropshop Network Private Limited

Data last updated: 17 December 2025

Dropshop Network Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 09 May 2019, the company has been in operation for over 7 years.

Registered with ROC Bangalore under CIN U72900KA2019PTC124212.

Capital: an authorised share capital of ₹10.55 Lakh and a paid-up capital of ₹2.28 Lakh. It is led by directors Somarajasatya Vijjapu Raviteja and Rohit Walter Fernandes.

Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: 11 1St Cross 5Th A Block Koramangala, Bengaluru, Karnataka, India – 560095.

As per the financials filed for FY 2023, the company reported a revenue of ₹38.36 Cr, a growth of 33% compared to the previous year.

The company has a workforce of approximately 14 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 2 brands - Brands Of Bharat, Dropshop Network. As per MCA filings, the company has satisfied charges of ₹6.4 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brandsofbharat.in.

Company Details of Dropshop Network Private Limited
CIN U72900KA2019PTC124212
Registration Number 124212
Incorporation Date 09 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    11 1St Cross 5Th A Block Koramangala, Bengaluru, Karnataka, India – 560095
  • Industry
    E-Commerce, General E-Commerce Platforms
Company report
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Financials, compliance, directors, charges, ownership and filings for Dropshop Network Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Dropshop Network Private Limited

Dropshop Network Private Limited operates two associated brands: Brands of Bharat and Dropshop Network. These brands represent Dropshop Network Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provider of diversified solutions for brand operation management brandsofbharat.in
Local brands are connected to mass-market consumers via a network. dropshop.network

Competitors & Alternatives of Dropshop Network Private Limited

Brands and companies operating in the same space as Dropshop Network Private Limited include Shiprocket, Mensa Brands, THG and 7 more.

Competitor Description Location Founded
Shiprocket Shiprocket E-commerce tools for shipping, marketing, and financial services are provided. Gurugram, India, India 2012
Mensa Brands Mensa Brands Crafts global health and wellness brands for digital platforms. Bengaluru, India, India 2021
THG THG Digital consumer brands are acquired and enabled by technology platform. Manchester, United Kingdom, United Kingdom 2004
Shippo Shippo Web-based shipping solutions are provided for e-commerce businesses. San Francisco, United States, United States 2013
ShipBob ShipBob E-commerce fulfillment solutions are provided for direct-to-consumer brands. Chicago, United States, United States 2014
TechStyle TechStyle Membership commerce solutions for fashion businesses are provided. El Segundo, United States, United States 2010
BILT BILT Developer of an app providing 3D assembly instructions for consumer goods Grapevine, United States, United States 2014
Sorted Sorted E-commerce shipping operations are managed via SaaS platform. Manchester, United Kingdom, United Kingdom 2010
Merama Merama Platform acquiring eCommerce businesses Mexico City, Mexico, Mexico 2020
GlobalBees GlobalBees Direct-to-consumer brands are built and scaled through a technology platform. Delhi, India, India 2021

Business Activity of Dropshop Network Private Limited

Dropshop Network Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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
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Business activity turnover details for Dropshop Network Private Limited

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Auditor Details of Dropshop Network Private Limited

Dropshop Network Private Limited is audited by M S K A & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M S K A & ASSOCIATES Locked Locked Locked
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Complete auditor history for Dropshop Network Private Limited

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Board of Directors of Dropshop Network Private Limited

Dropshop Network Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Somarajasatya Vijjapu Raviteja Director 22 Apr 2021 5 Years 3 Months Current
Rohit Walter Fernandes Director 09 May 2019 7 Years 2 Months Current

Financials of Dropshop Network Private Limited FY 2023 filings available

Dropshop Network Private Limited reported revenue of ₹38.36 Cr (up 33.00% YoY) for FY 2023.

Revenue · FY 2023
₹38.36 Cr ▲ 33.00%
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Ten-year financial statements for Dropshop Network Private Limited

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Ownership and Shareholding of Dropshop Network Private Limited

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Shareholding and ownership data for Dropshop Network Private Limited

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Group Structure of Dropshop Network Private Limited

Dropshop Network Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Dropshop Network Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
25Taka Platforms Private Limited U51909KA2022PTC162271 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Dropshop Network Private Limited

Open charges
₹0
Satisfied charges
₹6.4 Cr
Breakdown by lending institutions
Others₹6.40 Cr
Latest charge details
DateLenderAmountStatus
20 Sep 2021 Others ₹1 Cr Satisfied
21 Sep 2020 Others ₹1.5 Cr Satisfied
10 Mar 2020 Others ₹60 Lakh Satisfied
24 Feb 2020 Others ₹3.3 Cr Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Dropshop Network Private Limited

Dropshop Network Private Limited has a workforce of 14 employees as of Apr 07, 2024.

Employee count
14
Active EPFO establishments
1
Employee growth
-62.16%
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Employee and EPFO history for Dropshop Network Private Limited

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GST Compliance of Dropshop Network Private Limited

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GST registrations and filing compliance for Dropshop Network Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Dropshop Network Private Limited

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Credit ratings, litigation, and regulatory alerts for Dropshop Network Private Limited

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MSME Payment Delays by Dropshop Network Private Limited

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MSME payment history for Dropshop Network Private Limited

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Subsidiaries & Group Companies of Dropshop Network Private Limited

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Corporate group structure for Dropshop Network Private Limited

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MCA Filings & Documents of Dropshop Network Private Limited

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MCA filings and documents for Dropshop Network Private Limited

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Recent Activity on Dropshop Network Private Limited

Activity
30 Sep 2023
Dropshop Network Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
28 Sep 2023
A charge registered on 20 Sep 2021 via Charge ID 100488882 with Others was fully satisfied on 28 Sep 2023.
Activity
31 Mar 2023
Dropshop Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
26 Oct 2021
A charge registered on 21 Sep 2020 via Charge ID 100374092 with Others was fully satisfied on 26 Oct 2021.
Charges
20 Sep 2021
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100488882 was registered on 20 Sep 2021.
Directors
22 Apr 2021
Somarajasatya Vijjapu Raviteja was appointed as a Director on 22 Apr 2021 & has been associated with this company since 5 years 3 months.

Frequently Asked Questions about Dropshop Network Private Limited

Dropshop Network Private Limited is an active private limited company in the e-commerce sector based in Bengaluru, Karnataka, India. It was incorporated on 09 May 2019 (7+ years old) and is registered under CIN U72900KA2019PTC124212. The company has 14 employees.

Dropshop Network Private Limited reported revenue of ₹38.36 Cr for FY 2023 (up 33.00% YoY).

The current directors of Dropshop Network Private Limited are:

The primary industry of Dropshop Network Private Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.

Yes, Dropshop Network Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Dropshop Network Private Limited can be reached at the registered office: 11 1St Cross 5Th A Block Koramangala, Bengaluru, Karnataka, India – 560095, or through the website brandsofbharat.in.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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