About Entropik Technologies Private Limited
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Entropik Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085707. Its GSTIN is 29AAECE1969P1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹27.31 Lakh and a paid-up capital of ₹24.31 Lakh. It is led by directors including Ashwin Raguraman and Lavakumar.
Its last annual general meeting (AGM) was held on 15 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹47.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹27.02 Cr (net margin -56.8%) and EBITDA of -₹23.83 Cr (EBITDA margin -50.1%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 128% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: Affectlab, Affect Lab, Chromo and Entropik. As per MCA filings, the company has open charges of ₹40.5 Cr on record. The company has 9 deals on record (4 funding rounds, 3 debt financings, 2 rights issues), with disclosed funding of ₹292.01 Cr; the latest was in November 2023. Its 10 peer companies in the same principal business activity (Data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Unilog Content Solutions Private Limited with revenue of ₹49.99 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2022, listing 9 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website entropiktech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDiamond District Penthouse (B9), Corporate Tower B 150 Airport Road, Bangalore, Karnataka, India – 560008
- 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 Entropik Technologies Private Limited
The main business activity of Entropik Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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.
Financials of Entropik Technologies Private Limited FY 2023 filings available
Entropik Technologies Private Limited reported revenue of ₹47.54 Cr (up 190% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Entropik Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 128% over five years, including 190% growth in the latest year. EBITDA fell 42% 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 Entropik Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹23.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.02 Cr | •••• | •••• | •••• | •••• |
| 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 Entropik Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -50.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -56.8% | •••• | •••• | •••• | •••• |
| 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 Entropik Technologies 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 Entropik Technologies Private Limited
Entropik Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unilog Content Solutions Private Limited | ₹49.99 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mysore, Karnataka, India |
| Carisma Solutions Private Limited | ₹49.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Inmar Technologies Private Limited | ₹49.13 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Hyderabad, Telangana, India |
| Transcentra FTS Private Limited | ₹48.62 Cr (FY 2019) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Valorem Private Limited | ₹48.05 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Ernakulam, Kerala, India |
| Entropik Technologies Private Limited this company | ₹47.54 Cr (FY 2023) | •••• | •••• | 190.0% | •••• | Bangalore, Karnataka, India |
| Zigram Data Technologies Private Limited | ₹47.49 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Angara Ecommerce Private Limited | ₹47.21 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Jaipur, Rajasthan, India |
| Technoforte Software Private Limited | ₹47.03 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Bangalore, Karnataka, India |
| Soho Dragon Solutions India Private Limited | ₹46.67 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Scyo Decision Services Private Limited | ₹46.28 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Entropik Technologies by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), 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 Entropik Technologies Private Limited
Entropik Technologies Private Limited is audited by S. R. Batliboi and Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. Batliboi and Associates 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 Entropik Technologies Private Limited
Entropik Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Raguraman Also directs: India Innovation Capital Management LLP, India Innovation Advisors LLP, Tif Advisors LLP and 5 more | Director | 17 Feb 2020 | 6 Years 7 Months | Current |
| Anant Vidur Puri Also directs: Beyoutiful Consumer Ventures Private Limited, All Home Bharat Platform Private Limited, Cashify Limited and 4 more | Nominee Director | 21 Mar 2023 | 3 Years 6 Months | Current |
| Lavakumar | Director | 17 Feb 2020 | 6 Years 7 Months | Current |
Ownership and Shareholding of Entropik Technologies 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 Entropik Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2023 | Others | ₹2.5 Cr | Open |
| 12 Nov 2022 | Others | ₹8 Cr | Open |
| 27 Sep 2022 | Others | ₹30 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Entropik Technologies Private Limited
Entropik Technologies Private Limited has 9 deals on record (4 funding rounds, 3 debt financings, 2 rights issues), with disclosed funding of ₹292.01 Cr; the latest was in November 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Debt financing | ₹2.5 Cr | Investors: Alteria Capital |
| Nov 2022 | Debt financing | ₹8 Cr | Investors: Alteria Capital |
| Aug 2018 | Funding round · Pre-Series A | ₹6.82 Cr | Investors: Bharat Innovation Fund, Parampara Capital, Eiv Growth One LLP , an individual |
| Jun 2017 | Rights issue | ₹25 Lakh | Investors: Sea Global Services Private Limited |
| Mar 2016 | Funding round · Seed | ₹1 Cr | Investors: Sea Global Services 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.
MSME Payment Delays by Entropik Technologies Private Limited
Entropik Technologies Private Limited has 2 MSME Form 1 returns on record between 2020 and 2022, listing 9 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Treelife Ventures Services Private Limited | •••• | •••• | •••• |
| Smartlead HR Services LLP | •••• | •••• | •••• |
| Handy Online Solutions Private Limited | •••• | •••• | •••• |
| Eejay Corporate Services LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Entropik Technologies Private Limited
Entropik Technologies operates multiple associated brands including Affectlab, Affect Lab, and Chromo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers emotion tracking solutions for market research to enhance business insights. | affectlab.co | |
| Emotion AI platform providing insights for marketing, UX, and consumer behavior analysis. | affectlab.io | |
| Offers a platform to capture and analyze application usage patterns. | chromo.io | |
| Market research solutions are delivered via an AI-based platform. | entropik.io |
Employees and EPFO Compliance at Entropik Technologies Private Limited
Entropik Technologies Private Limited has a workforce of 153 employees as of Oct 08, 2025.
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 Entropik Technologies Private Limited
Recent Activity on Entropik Technologies Private Limited
Entropik Technologies Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Ranjan Kumar ceased to be Director on 19 Feb 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Entropik Technologies 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.
Subsidiaries & Group Companies of Entropik Technologies 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 Entropik Technologies Private Limited
Entropik Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE1969P1ZV | Karnataka | Active | 01 Jul 2017 |
| 33AAECE1969P1Z6 | Tamil Nadu | Active | 08 Aug 2023 |
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 Entropik Technologies 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 Entropik Technologies Private Limited
Entropik Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U72200KA2016PTC085707.
Entropik Technologies reported revenue of ₹47.54 Cr for FY 2023 (up 190% YoY).
Entropik Technologies has 3 current directors:
- Ashwin Raguraman - Director
- Anant Vidur Puri - Nominee Director
- Lavakumar - Director
Entropik Technologies reported a net loss of ₹27.02 Cr (net margin -56.8%) and EBITDA of -₹23.83 Cr (EBITDA margin -50.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Entropik Technologies is 138% over three years and 128% over five years. In the latest year (FY 2023) revenue rose 190%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Entropik Technologies is 29AAECE1969P1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECE1969P1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Entropik Technologies is U72200KA2016PTC085707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Entropik Technologies was incorporated on 01 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Entropik Technologies has 9 deals on record (4 funding rounds, 3 debt financings, 2 rights issues), with disclosed funding of ₹292.01 Cr; the latest was in November 2023.
The peers of Entropik Technologies by revenue are Unilog Content Solutions Private Limited, Carisma Solutions Private Limited, Inmar Technologies Private Limited, Transcentra FTS Private Limited, Valorem Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Ranjan Kumar ceased to be Director on 19 Feb 2025. Anant Vidur Puri was appointed as Nominee Director on 21 Mar 2023. Ashwin Raguraman ceased to be Additional Director on 29 Dec 2020. Entropik Technologies has 9 board changes on record in total.
Yes, Entropik Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).