About Algebrik AI India Private Limited
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Algebrik AI India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 August 2024.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2024PTC430762.
The company has an authorised share capital of ₹35.56 Cr and a paid-up capital of ₹25.52 Cr. It was formerly known as Eincred Systems (India) Private Limited. It is led by directors including Saumya Mittal and Vikram Sundarlal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Cr. For the same year it recorded a net loss of ₹23.72 Lakh (net margin -20.8%) and EBITDA of -₹33.9 Lakh (EBITDA margin -29.8%).
The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹16.98 Cr; the latest was in November 2024.
For more details, the company can be reached via its website incred.com.
Company details
Contact details
Algebrik AI India Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address1203 B Wing The Capital, G – Block BKC Plot C – 70, Mumbai, Maharashtra, India – 400051
- IndustryReal Estate, Real Estate Leasing, Contractual Work
- 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
Financials of Algebrik AI India Private Limited
FY 2025 filings availableAlgebrik AI India Private Limited reported revenue of ₹1.14 Cr for FY 2025.
Financial Statement Summary
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| EBITDA | -₹33.9 Lakh |
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| Net Profit (PAT) | -₹23.72 Lakh |
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Financial Ratios
| Metrics | FY 2024-25 |
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| Profitability | |
| EBITDA Margin | -29.8% |
| Net Profit Margin | -20.8% |
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To see the full financial statements and ratios of Algebrik AI India Private Limited, buy the company report.
Board of directors of Algebrik AI India Private Limited
Algebrik AI India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Sundarlal Agarwal Also directs: Cybri Infotech Private Limited, Oro Financial Consultants Private Limited, Incred Money Ifsc Private Limited and 5 more | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Saumya Mittal Also directs: Daystar Projects and Promoters LLP, Stryk Global Private Limited, Cybri Infotech Private Limited and 5 more | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Pankaj Jain | Additional Director | 12 Sep 2024 | 2 Years 1 Months | Current |
Deals & funding
Algebrik AI India Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹16.98 Cr; the latest was in November 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Funding round · Series A | ₹16.79 Cr | Investors: Incred Capital Financial Services Private Limited |
| Oct 2024 | Funding round | ₹18.3 Lakh | Investors: Daystar Projects and Promoters LLP , Evenstar Insights Private Limited , 2 individuals |
| Sep 2024 | Rights issue | ₹13.9 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Algebrik AI India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Algebrik AI India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Algebrik AI India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Algebrik AI India Private Limited has 4 board changes on record since 2024: 3 appointments and 1 cessation. The latest: Vikram Sundarlal Agarwal was appointed as Additional Director on 01 Apr 2025.
Frequently asked questions
Algebrik AI India is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 August 2024 (2+ years old) and is registered under CIN U70200MH2024PTC430762.
Algebrik AI India has 3 current directors:
- Vikram Sundarlal Agarwal - Additional Director
- Saumya Mittal - Director
- Pankaj Jain - Additional Director
The latest financial statements of Algebrik AI India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Algebrik AI India is U70200MH2024PTC430762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algebrik AI India was incorporated on 14 August 2024, making it 2+ years old. It is registered with the Registrar of Companies, Mumbai.
Algebrik AI India has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹16.98 Cr; the latest was in November 2024.
Vikram Sundarlal Agarwal was appointed as Additional Director on 01 Apr 2025. Pankaj Jain was appointed as Additional Director on 12 Sep 2024. Saurabh Jhalaria ceased to be Director on 12 Sep 2024. Algebrik AI India has 4 board changes on record in total.
Algebrik AI India can be reached through the website incred.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Algebrik AI India is at 1203 B Wing The Capital, G – Block BKC Plot C – 70, Mumbai, Maharashtra, India – 400051.
Algebrik AI India operates in the real estate industry, in the real estate leasing segment.