About Flexcar India Private Limited
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Flexcar India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Zipcar Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC151801. Its GSTIN is 29AABCZ8116A1ZF (Karnataka).
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹7.5 Lakh. It was formerly known as Zipcar Technology Innovations Private Limited. It is led by directors Ramasubramaniyan Srinivasan and Inderpal Singh Lall.
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 Embassy Tech Village Hibiscus 5th Floor Building 2B Tower 3 Outer Ring Road, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.29 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹23.92 Lakh (net margin -156.5%) and EBITDA of ₹27,949 (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Flexcar.
For more details, the company can be reached via its website flexcar.com.
Company details
Contact details
Flexcar India Private Limited's registered office is in Bengaluru, Karnataka. Its website is flexcar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEmbassy Tech Village Hibiscus 5th Floor Building 2B Tower 3 Outer Ring Road, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Flexcar India 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
Flexcar India operates one associated brand: Flexcar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of car loans | flexcar.com |
Business activity
The main business activity of Flexcar India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Flexcar India Private Limited, buy the company report.
Financials of Flexcar India Private Limited
FY 2025 filings availableFlexcar India Private Limited reported revenue of ₹15.29 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years. EBITDA fell 100% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹27,949 | |||
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| Net Profit (PAT) | -₹23.92 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 1.8% | |||
| Net Profit Margin | -156.5% | |||
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To see the full financial statements and ratios of Flexcar India Private Limited, buy the company report.
Board of directors of Flexcar India Private Limited
Flexcar India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasubramaniyan Srinivasan | Director | 13 Mar 2024 | 2 Years 7 Months | Current |
| Inderpal Singh Lall | Director | 30 Jun 2025 | 1 Years 3 Months | Current |
Peer comparison
Flexcar India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vwages Technologies Private Limited | ₹15.32 Lakh (FY 2025) | 409.0% | Pune, Maharashtra, India | |||
| Joistek Solutions Private Limited | ₹15.31 Lakh (FY 2025) | -87.0% | Bangalore, Karnataka, India | |||
| Brainglow Business Services Private Limited | ₹15.31 Lakh (FY 2025) | 0.0% | Faridabad, Haryana, India | |||
| Future Mortals Private Limited | ₹15.3 Lakh (FY 2024) | -9.0% | Vaishali, Uttar Pradesh, India | |||
| Dchikitsa Private Limited | ₹15.29 Lakh (FY 2025) | -47.0% | Bangalore, Karnataka, India | |||
| Flexcar India Private Limitedthis company | ₹15.29 Lakh (FY 2025) | -₹23.92 Lakh | -156.5% | -100.0% | 63 | Bengaluru, Karnataka, India |
| Good Labh Multitraders Private Limited | ₹15.28 Lakh (FY 2020) | 5174.0% | Bhopal, Madhya Pradesh, India | |||
| Anmol Infomedia Private Limited | ₹15.28 Lakh (FY 2020) | 3.0% | Hyderabad, Telangana, India | |||
| Ank IT Solutions Private Limited | ₹15.28 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Dapton Technologies Private Limited | ₹15.27 Lakh (FY 2025) | 550.0% | Pune, Maharashtra, India | |||
| 42Company India Private Limited | ₹15.27 Lakh (FY 2019) | -90.0% | New Delhi, Delhi, India |
To see the full peer comparison of Flexcar India Private Limited, buy the company report.
Auditor
Flexcar India Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Flexcar India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Flexcar India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Flexcar 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 Flexcar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Flexcar India Private Limited has a workforce of 63 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Flexcar India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCZ8116A1ZF | Karnataka | Active | 13 Oct 2021 |
To see the full GST registrations and return filing status of Flexcar India Private Limited, buy the company report.
Recent activity
Flexcar India Private Limited has 12 board changes on record since 2021: 7 appointments and 5 cessations. The latest: Inderpal Singh Lall was appointed as Director on 30 Jun 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Flexcar India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 September 2021 (5+ years old) and is registered under CIN U72900KA2021FTC151801.
Flexcar India has 2 current directors:
- Ramasubramaniyan Srinivasan - Director
- Inderpal Singh Lall - Director
The latest financial statements of Flexcar 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 2022 are in the company report.
The GSTIN of Flexcar India is 29AABCZ8116A1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Flexcar India is U72900KA2021FTC151801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexcar India was incorporated on 15 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Flexcar India by revenue are Vwages Technologies Private Limited, Joistek Solutions Private Limited, Brainglow Business Services Private Limited, Future Mortals Private Limited, Dchikitsa Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Inderpal Singh Lall was appointed as Director on 30 Jun 2025. Izilda Pinto Martins ceased to be Director on 30 Jun 2025. Freedom Robert Dumlao ceased to be Additional Director on 29 Sep 2024. Flexcar India has 12 board changes on record in total.
Flexcar India can be reached through the website flexcar.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Flexcar India is at Embassy Tech Village Hibiscus 5th Floor Building 2B Tower 3 Outer Ring Road, Bengaluru, Karnataka, India – 560103.
Flexcar India operates in the information technology industry, in the IT consulting and support services segment.