Fnlk Development Private Limited

Fnlk Development Private Limited - information technology in Bangalore North, Karnataka, India. FY 2026 financials and compliance.
CIN U72200KA2022FTC168975 Incorporated 13 December 2022 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹11.9 Cr
▲ 19.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
35
Latest available

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.

Company Details of Fnlk Development Private Limited
CIN U72200KA2022FTC168975
Registration Number 168975
Incorporation Date 13 December 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Baas Corporation
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    No.15 2Nd Floor, Vasants Business Centre Queens Road, Bangalore North, Karnataka, India – 560052
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Fnlk Development Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

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.

Brand Description Website
Omnichannel banking platform is provided for financial institutions. mbanq.com

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
Zeta Zeta Payment and banking solutions are provided to users and banks. San Ramon, United States, United States 2015
Tink Tink Tink is recognized as a leading European open banking platform. Stockholm, Sweden, Sweden 2012
Bud Bud Bud Financial is focused on transforming transaction data into actionable insights for financial institutions. London, United Kingdom, United Kingdom 2015
Finix Finix API-enabled platform for business payment processing is provided. San Francisco, United States, United States 2015
Apiture Apiture Open banking APIs are delivered to financial institutions and banks. Wilmington, United States, United States 2017
Sila Sila API-based solutions for online payments and P2P transactions are provided. Portland, United States, United States 2017
Sandbox Sandbox 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
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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
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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.

Current Directors
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.

Revenue · FY 2025
₹11.9 Cr ▲ 19.00%
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Ownership and Shareholding of Fnlk Development Private Limited

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Shareholding and ownership data for Fnlk Development Private Limited

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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 count
35
Active EPFO establishments
1
Employee growth
52.17%
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Employee and EPFO history for Fnlk Development Private Limited

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GST Compliance of Fnlk Development Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Fnlk Development Private Limited

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Credit ratings, litigation, and regulatory alerts for Fnlk Development Private Limited

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MSME Payment Delays by Fnlk Development Private Limited

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MSME payment history for Fnlk Development Private Limited

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Subsidiaries & Group Companies of Fnlk Development Private Limited

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Corporate group structure for Fnlk Development Private Limited

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MCA Filings & Documents of Fnlk Development Private Limited

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MCA filings and documents for Fnlk Development Private Limited

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Recent Activity on Fnlk Development Private Limited

Activity
30 Sep 2025
Fnlk Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Fnlk Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
16 Jan 2025
Javier Carlos Valverde was appointed as a Whole-time director on 16 Jan 2025 & has been associated with this company since 1 year 6 months.
Directors
29 May 2024
Ramya Bodanahosahalli Narayanaswamy was appointed as a Whole-time director on 29 May 2024 & has been associated with this company since 2 years 1 month.
Directors
13 Dec 2022
Vladimir Lounegov was appointed as a Whole-time director on 13 Dec 2022 & has been associated with this company since 3 years 7 months.
Activity
13 Dec 2022
Fnlk Development Private Limited was registered on 13 Dec 2022 with Roc Bangalore & aged 3 years 7 months as per MCA records.

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:

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.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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