About Drishna Tech Solutions Private Limited
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Drishna Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 31 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80100KA2016PTC097496. Its GSTIN is 29AAECE4341D1ZW (Karnataka).
The company has an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.63 Cr. It is led by directors Renuka Velamati and Preethi Seliha Muvva.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2342 17th Cross 24th Main 1st Sector, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.06 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹5 Lakh (net margin 2.4%) and EBITDA of ₹24.07 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 41% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: EdQart. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹1.5 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 edvantagepoint.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2342 17th Cross 24th Main 1st Sector, Bangalore, Karnataka, India – 560102
- IndustryEducation, EdTech Solutions, Office & School Supplies
- 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
CIN History of Drishna Tech Solutions Private Limited
Drishna Tech Solutions has one previous CIN (Corporate Identification Number): U72900KA2016PTC097496. The current CIN is U80100KA2016PTC097496, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80100KA2016PTC097496 | Current |
| U72900KA2016PTC097496 | Previous |
Associated Brands with Drishna Tech Solutions Private Limited
Drishna Tech Solutions operates one associated brand: EdQart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online marketplace providing school merchandise and educational solutions. | edqart.com |
Competitors & Alternatives of Drishna Tech Solutions Private Limited
Brands and companies operating in the same space as Drishna Tech Solutions Private Limited include Bitoodle, Schoolay, CampusMall and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Bitoodle | School supplies are sold through an Android e-commerce platform. | Noida, India | 2017 |
 Schoolay | Children's apparel is offered by Schoolay as a dedicated brand. | Bengaluru, India | 2018 |
 CampusMall | Operates a digital platform for purchasing school and institutional merchandise clothing. | Indore, India | 2012 |
 Uniform Junction | Offers school uniforms, books, and online learning resources for students and parents. | Mumbai, India | 2020 |
 Get My Books | Operates an online e-commerce platform focused on products for kids. | Kolkata, India | 2017 |
 Eschoolbuddy | Functions as an online marketplace for school student accessories. | Delhi, India | 2014 |
 Bookmrk | App-based platform offering a range of school supplies for easy purchasing. | Lucknow, India | 2020 |
Business Activity of Drishna Tech Solutions Private Limited
The main business activities of Drishna Tech Solutions are trade and information and communication. In detail, this covers wholesale trading and data processing, hosting and related activities; web portal. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Drishna Tech Solutions Private Limited
Drishna Tech Solutions Private Limited is audited by Pandu & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pandu & Associates | 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 Drishna Tech Solutions Private Limited
Drishna Tech Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Velamati | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
| Preethi Seliha Muvva Also directs: Wizaru Learning Private Limited, Drishna Corporation LLP, Drishna Power Corporation LLP and 2 more | Director | 31 Oct 2016 | 9 Years 11 Months | Current |
Financials of Drishna Tech Solutions Private Limited FY 2024 filings available
Drishna Tech Solutions Private Limited reported revenue of ₹2.06 Cr (down 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Drishna Tech Solutions Private Limited
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 19% 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 Drishna Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5 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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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Drishna Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Drishna Tech Solutions are in the company report.
Financial statements from FY 2017
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 Drishna Tech 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.
Group Structure of Drishna Tech Solutions Private Limited
Drishna Tech Solutions has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Wizaru Learning Private Limited | U74999DL2020PTC371418 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Drishna Tech Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2020 | Others | ₹1.5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Drishna Tech Solutions Private Limited
Drishna Tech Solutions Private Limited has a workforce of 4 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 Drishna Tech Solutions Private Limited
Drishna Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE4341D1ZW | Karnataka | Active | 01 Jul 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 Drishna Tech 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 Drishna Tech 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 Drishna Tech 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 Drishna Tech 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 Drishna Tech Solutions Private Limited
Frequently Asked Questions about Drishna Tech Solutions Private Limited
Drishna Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 31 October 2016 (10+ years old) and is registered under CIN U80100KA2016PTC097496.
Drishna Tech Solutions reported revenue of ₹2.06 Cr for FY 2024 (down 74% YoY).
Drishna Tech Solutions has 2 current directors:
- Renuka Velamati - Director
- Preethi Seliha Muvva - Director
Drishna Tech Solutions reported a net profit of ₹5 Lakh (net margin 2.4%) and EBITDA of ₹24.07 Lakh (EBITDA margin 11.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Drishna Tech Solutions is -18% over three years and 41% over five years. In the latest year (FY 2024) revenue fell 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Drishna Tech Solutions is 29AAECE4341D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Drishna Tech Solutions is U80100KA2016PTC097496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Drishna Tech Solutions was incorporated on 31 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Drishna Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).