- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0061304

About Firstventure Corporation Private Limited
Data last updated:
Firstventure Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC228159. Its GSTIN is 27AABCF9764E1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹59.76 Lakh. It was formerly known as Firstventure Corporation India Private Limited. It is led by directors including Nishita Gupta and Adityanarayan Mishra.
Its last annual general meeting (AGM) was held on 16 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 163/C Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹4.72 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹58.1 Lakh (net margin -12.3%) and EBITDA of ₹1.4 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 27% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Firstventure and Courseplay. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.18 Cr; the latest was in March 2024.
Firstventure Corporation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0061304). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website courseplay.co.
Company details
Recognitions & Rankings of Firstventure Corporation
Contact details
Firstventure Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is courseplay.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address163/C Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Firstventure Corporation Private Limited, buy the company report.
- 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
Brands
Firstventure Corporation operates two associated brands: Firstventure and Courseplay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based platform for employee learning and engagement. | firstventure.co | |
| A cloud-based LMS platform is utilized for multi-industry employee development. | courseplay.co |
Business activity
The main business activity of Firstventure Corporation is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Firstventure Corporation Private Limited, buy the company report.
Financials of Firstventure Corporation Private Limited
FY 2026 filings availableFirstventure Corporation Private Limited reported revenue of ₹4.72 Cr (up 9% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 9% growth in the latest year. EBITDA rose 75% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹4.72 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹1.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹58.1 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | -12.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Firstventure Corporation Private Limited, buy the company report.
Board of directors of Firstventure Corporation Private Limited
Firstventure Corporation has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishita Gupta | Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Adityanarayan Mishra Also directs: Ciel Technologies Private Limited, Integrum Technologies Private Limited, Ciel HR Services Limited and 5 more | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Doraiswamy Krishnan Rajiv Also directs: Integrum Technologies Private Limited, Ciel HR Services Limited, Ma Foi Strategic Consultants Private Limited and 3 more | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Santhosh Kumar Nair Also directs: Ciel Technologies Private Limited, Ciel HR Services Limited, Ma Foi Strategic Consultants Private Limited and 3 more | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Karuppasamy Pandiarajan Also directs: Ciel HR Services Limited, Ma Foi Strategic Consultants Private Limited, Vibrant Screen Private Limited and 5 more | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
| Hemalatha Rajan | Director | 29 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Firstventure Corporation Private Limited is audited by J V N & Co LlP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J V N & Co LlP | FY 2026 | W100886 |
Shareholding
The shareholding of Firstventure Corporation Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firstventure Corporation Private Limited, buy the company report.
Deals & funding
Firstventure Corporation Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.18 Cr; the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Ciel HR Services Limited Seller: Inflection Point Ventures |
| Mar 2022 | Rights issue | ₹1.8 Cr | Investors: 3 individuals |
| Nov 2021 | Funding round · Seed | ₹2.78 Cr | Investors: Inflection Point Ventures, 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kaiser Developers Private Limited , Mangla Hospitality Limited , Matraco Finvest Limited |
| May 2019 | Funding round | ₹2.4 Cr | Investors: Kaiser Developers Private Limited , Mangla Hospitality Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Firstventure Corporation Private Limited has 1 court case on record: 1 filed by Firstventure Corporation. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Upside Learning Solutions Pvt Ltd and 1 other | Disposed |
To see the full case history of Firstventure Corporation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Firstventure Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstventure Corporation Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Firstventure Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF9764E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firstventure Corporation Private Limited, buy the company report.
Recent activity
Firstventure Corporation Private Limited has 10 board changes on record since 2012: 7 appointments and 3 cessations. The latest: Adityanarayan Mishra was appointed as Director on 29 Feb 2024.
1 earlier event is in the company report.
News
Frequently asked questions
Firstventure Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 March 2012 (14+ years old) and is registered under CIN U74999MH2012PTC228159.
Firstventure Corporation has 7 current directors:
- Nishita Gupta - Director
- Adityanarayan Mishra - Director
- Doraiswamy Krishnan Rajiv - Director
- Santhosh Kumar Nair - Director
- Karuppasamy Pandiarajan - Director
- Hemalatha Rajan - Director
- Arjun Gupta - Director
The latest financial statements of Firstventure Corporation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firstventure Corporation is 27AABCF9764E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Firstventure Corporation is U74999MH2012PTC228159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstventure Corporation has 1 court case on record: 1 filed by the company.
Firstventure Corporation was incorporated on 14 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Firstventure Corporation has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.18 Cr; the latest was in March 2024.
Adityanarayan Mishra was appointed as Director on 29 Feb 2024. Doraiswamy Krishnan Rajiv was appointed as Director on 29 Feb 2024. Hemalatha Rajan was appointed as Director on 29 Feb 2024. Firstventure Corporation has 10 board changes on record in total.
Yes, Firstventure Corporation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0061304).

