Equation Internet Private Limited
About Equation Internet Private Limited
Data last updated:
Equation Internet Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC153232. Its GSTIN is 29AAGCE7081E1ZH (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.06 Lakh. It is led by directors Nav Sarvesh and Swapnil Upadhyay.
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 339 5th Floor 14th B Cross Road Sector – 6 Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.68 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.28 Cr and EBITDA of -₹4.7 Cr.
The company is associated with 1 brand: Pep live. The company has 1 deal on record (1 funding round), with disclosed funding of ₹20.81 Cr; the latest was in October 2023. Its 10 peer companies in the same principal business activity (Other professional, scientific and technical activities) are compared by revenue, 5 larger and 5 smaller; the largest is Aroma Laboratories (India) Private Limited.
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- Registered Address339 5th Floor 14th B Cross Road Sector – 6 Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Equation Internet Private Limited
The main business activity of Equation Internet is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Equation Internet Private Limited FY 2025 filings available
Equation Internet Private Limited reported revenue of ₹86.68 Lakh (up 492% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Equation Internet Private Limited
Revenue rose 492% 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 Equation Internet Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹4.7 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.28 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 Equation Internet Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Equation Internet are in the company report.
Financial statements from FY 2022
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 Equation Internet Private Limited
Equation Internet Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aroma Laboratories (India) Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Yamuna Digital Electronics Pvt Ltd | •••• | •••• | •••• | •••• | - | Telangana, India |
| NVR Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Udify Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Dakshayani and Amaravati Health and Education | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Equation Internet Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| V Force Guarding Personnel Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vincent Business Consultancy (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Manisha Nursing Home Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Simran Outsourcing Services Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Exigent Drill Bits India Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Equation Internet by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Equation Internet Private Limited
Equation Internet Private Limited is audited by Akash N Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Akash N Jain & 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 Equation Internet Private Limited
Equation Internet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nav Sarvesh Also directs: Transversal Tech Private Limited | Director | 20 Oct 2021 | 4 Years 11 Months | Current |
| Swapnil Upadhyay Also directs: Transversal Tech Private Limited | Director | 20 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Equation Internet 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 Equation Internet Private Limited
Equation Internet Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Equation Internet Private Limited
Equation Internet Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹20.81 Cr; the latest was in October 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Funding round · Seed | ₹20.81 Cr | Investors: India Quotient, 3 individuals |
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.
Employees and EPFO Compliance at Equation Internet Private Limited
Equation Internet Private Limited has a workforce of 0 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.
Recent Activity on Equation Internet Private Limited
Equation Internet Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nav Sarvesh was appointed as Director on 20 Oct 2021.
Credit Ratings, Litigation & Regulatory Alerts for Equation Internet 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 Equation Internet 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 Equation Internet 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 Equation Internet Private Limited
Equation Internet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCE7081E1ZH | Karnataka | Active | 27 Nov 2021 |
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 Equation Internet 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 Equation Internet Private Limited
Equation Internet is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 October 2021 (5+ years old) and is registered under CIN U72900KA2021PTC153232.
Equation Internet reported revenue of ₹86.68 Lakh for FY 2025 (up 492% YoY).
Equation Internet has 2 current directors:
- Nav Sarvesh - Director
- Swapnil Upadhyay - Director
Equation Internet reported a net loss of ₹7.28 Cr and EBITDA of -₹4.7 Cr for FY 2025, as per its filed financial statements.
The GSTIN of Equation Internet is 29AAGCE7081E1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Equation Internet is U72900KA2021PTC153232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equation Internet was incorporated on 20 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Equation Internet has 1 deal on record (1 funding round), with disclosed funding of ₹20.81 Cr; the latest was in October 2023.
The peers of Equation Internet by revenue are Aroma Laboratories (India) Private Limited, Yamuna Digital Electronics Pvt Ltd, NVR Tech Solutions Private Limited, Udify Technologies Private Limited, Dakshayani and Amaravati Health and Education and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Nav Sarvesh was appointed as Director on 20 Oct 2021. Swapnil Upadhyay was appointed as Director on 20 Oct 2021.
Yes, Equation Internet is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).