About Fnlk Development Private Limited
Data last updated: 06 February 2026
Fnlk Development Private Limited is a foreign private limited company based in Bangalore North, Karnataka, India, a subsidiary of Baas Corporation. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 13 December 2022.
Registered with ROC Bangalore under CIN U72200KA2022FTC168975.
Capital: an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vladimir Lounegov and Javier Carlos Valverde.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.9 Cr, a growth of 19% compared to the previous year.
The company has a workforce of approximately 35 employees as per the latest available data. It operates as a subsidiary of Baas Corporation.
The company is associated with 1 brand - Mbanq.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mbanq.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social MediaLocked
-
Registered AddressNo.15 2Nd Floor, Vasants Business Centre Queens Road, Bangalore North, Karnataka, India – 560052
-
IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Fnlk Development Private Limited
Fnlk Development Private Limited operates one associated brand: Mbanq. These brands represent Fnlk Development Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Fnlk Development Private Limited
Brands and companies operating in the same space as Fnlk Development Private Limited include Zeta, Tink, Bud and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Payment and banking solutions are provided to users and banks. | San Ramon, United States, United States | 2015 |
|
|
Tink is recognized as a leading European open banking platform. | Stockholm, Sweden, Sweden | 2012 |
|
|
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions. | London, United Kingdom, United Kingdom | 2015 |
|
|
API-enabled platform for business payment processing is provided. | San Francisco, United States, United States | 2015 |
|
|
Open banking APIs are delivered to financial institutions and banks. | Wilmington, United States, United States | 2017 |
|
|
API-based solutions for online payments and P2P transactions are provided. | Portland, United States, United States | 2017 |
|
|
Service agency for marketing and promoting solutions | Chicago, United States, United States | 2014 |
Business Activity of Fnlk Development Private Limited
Fnlk Development Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Fnlk Development Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Fnlk Development Private Limited
Fnlk Development Private Limited is audited by Kolathaya & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kolathaya & Associates | Locked | Locked | Locked |
Complete auditor history for Fnlk Development Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fnlk Development Private Limited
Fnlk Development Private Limited is currently managed by 3 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vladimir Lounegov | Whole-Time Director | 13 Dec 2022 | 3 Years 7 Months | Current |
| Javier Carlos Valverde | Whole-Time Director | 16 Jan 2025 | 1 Years 6 Months | Current |
| Ramya Bodanahosahalli Narayanaswamy | Whole-Time Director | 29 May 2024 | 2 Years 1 Months | Current |
Financials of Fnlk Development Private Limited FY 2025 filings available
Fnlk Development Private Limited reported revenue of ₹11.9 Cr (up 19.00% YoY) for FY 2025.
Ten-year financial statements for Fnlk Development Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Fnlk Development Private Limited
Shareholding and ownership data for Fnlk Development Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings Fnlk Development Private Limited
Fnlk Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fnlk Development Private Limited
Fnlk Development Private Limited has a workforce of 35 employees as of Apr 08, 2024.
Employee and EPFO history for Fnlk Development Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Fnlk Development Private Limited
GST registrations and filing compliance for Fnlk Development Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Fnlk Development Private Limited
Credit ratings, litigation, and regulatory alerts for Fnlk Development Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Fnlk Development Private Limited
MSME payment history for Fnlk Development Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Fnlk Development Private Limited
Corporate group structure for Fnlk Development Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fnlk Development Private Limited
MCA filings and documents for Fnlk Development Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Fnlk Development Private Limited
Frequently Asked Questions about Fnlk Development Private Limited
Fnlk Development Private Limited is an active foreign private limited company in the information technology sector based in Bangalore North, Karnataka, India. It was incorporated on 13 December 2022 (4+ years old) and is registered under CIN U72200KA2022FTC168975. The company has 35 employees.
Fnlk Development Private Limited reported revenue of ₹11.9 Cr for FY 2025 (up 19.00% YoY).
The current directors of Fnlk Development Private Limited are:
- Vladimir Lounegov - Whole-Time Director
- Javier Carlos Valverde - Whole-Time Director
- Ramya Bodanahosahalli Narayanaswamy - Whole-Time Director
The primary industry of Fnlk Development Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Fnlk Development Private Limited can be reached at the registered office: No.15 2Nd Floor, Vasants Business Centre Queens Road, Bangalore North, Karnataka, India – 560052, or through the website mbanq.com.
The authorised capital is ₹15 Lakh, and the paid-up capital is ₹1 Lakh.