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Freshbus Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.29 Cr
▲ 63% YoY
Net loss · FY 2025
₹32.78 Cr
Net margin -124.7%
EBITDA · FY 2025
-₹18.02 Cr
EBITDA margin -68.5%
Authorised capital
₹32 Lakh
Registered with MCA
Paid-up capital
₹26.38 Lakh
Issued & subscribed
Open charges
₹68.09 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Freshbus Private Limited
Data last updated:
Freshbus Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the private bus transportation services segment of the transport and logistics sector. It was incorporated on 21 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U63030KA2019PTC125473. Its GSTIN is 29AADCF7751R1ZR (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹26.38 Lakh. It is led by directors including Sudhakar Chirra Reddy and Srinivas Pinisetti.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.29 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹32.78 Cr (net margin -124.7%) and EBITDA of -₹18.02 Cr (EBITDA margin -68.5%). Revenue has grown at a compounded annual rate (CAGR) of 629% over five years.
The company is associated with 1 brand: Fresh Bus. As per MCA filings, the company has open charges of ₹68.09 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending. The company has 7 deals on record (3 funding rounds, 2 debt financings, 1 rights issue), with disclosed funding of ₹114 Cr; the latest was in August 2024. Its 4 peer companies in the Transport and Logistics industry (Online Ticketing, Private Bus Operators), with the same principal business activity (land transport via road) are compared by revenue, 1 larger and 3 smaller; the largest is Shrinathsolitaire Private Limited with revenue of ₹26.89 Cr.
Freshbus Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0222408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freshbus.com.
Company details
CIN U63030KA2019PTC125473
Registration Number 125473
Incorporation Date 21 June 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0222408
Recognitions & Rankings of Freshbus
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0222408
Contact details
Freshbus Private Limited's registered office is in Bangalore, Karnataka. Its website is freshbus.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.28/23/223/99C Ward 160, Rajarajeswari Negara Ward O&M18, Bangalore, Karnataka, India – 560098
- IndustryTransport and Logistics, Private Bus Transportation Services
To see the full contact details of Freshbus Private Limited, buy the company report.
Comprehensive company report
Freshbus Private Limited - one report that includes everything
- 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
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Brands
Freshbus operates one associated brand: Fresh Bus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of premium intercity electric bus services with a focus on comfort, security, and eco-friendliness, offering a modern travel experience | freshbus.com |
Business activity
The main business activity of Freshbus is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Freshbus Private Limited, buy the company report.
Financials of Freshbus Private Limited
FY 2025 filings availableFreshbus Private Limited reported revenue of ₹26.29 Cr (up 63% YoY) for FY 2025.
Revenue · FY 2025
₹26.29 Cr ▲ 63%
Net loss · FY 2025
₹32.78 Cr margin -124.7%
EBITDA · FY 2025
-₹18.02 Cr margin -68.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 63%
5 years · compounded
▲ 629%
Revenue has grown at a compounded annual rate (CAGR) of 629% over five years, including 63% growth 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹32.78 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -68.5% | ||||
| Net Profit Margin | -124.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Freshbus Private Limited, buy the company report.
Board of directors of Freshbus Private Limited
Freshbus has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Chirra Reddy Also directs: Bon Ventures LLP, Twelve Stone LLP, Nischay Software Solutions Private Limited and 4 more | Director | 24 Mar 2022 | 4 Years 6 Months | Current |
| Srinivas Pinisetti Also directs: Twenty 47 Mobility Private Limited | Director | 20 Mar 2025 | 1 Years 7 Months | Current |
| Puneet Aggarwal | Director | 15 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Freshbus Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Online Ticketing, Private Bus Operators), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrinathsolitaire Private Limited | ₹26.89 Cr (FY 2025) | 11.0% | Nathdwara, Rajasthan, India | |||
| Freshbus Private Limitedthis company | ₹26.29 Cr (FY 2025) | -₹32.78 Cr | -124.7% | 63.0% | Bangalore, Karnataka, India | |
| Safar Express Private Limited | ₹22.67 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Mahalaxmi Bus Transport Private Limited | ₹22.55 Cr (FY 2025) | -43.0% | Baramati, Maharashtra, India | |||
| Dream Line Travels Private Limited | ₹21.93 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Freshbus Private Limited, buy the company report.
Auditor
Freshbus Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Freshbus Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Freshbus Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101219710 | Others | ₹7.5 Cr | Open | |
| 17 Sep 2025 | 101163951 | Others | ₹12 Cr | Open | |
| 28 Jul 2025 | 101145485 | Others | ₹5 Cr | Open | |
| 21 Mar 2025 | 101079600 | Axis Bank Limited | ₹7.09 Cr | Open | |
| 14 Aug 2024 | 101030372 | Others | ₹7 Cr | Open |
To see the full charge records of Freshbus Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Freshbus Private Limited has 7 deals on record (3 funding rounds, 2 debt financings, 1 rights issue), with disclosed funding of ₹114 Cr; the latest was in August 2024.
Total deals
7
Funding rounds
3
Debt financings
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹114 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round · Series A | ₹87.5 Cr | Investors: Maniv Mobility, Shell Ventures, Alteria Capital |
| Mar 2024 | Debt financing | ₹1 Cr | Investors: Alteria Capital |
| Mar 2024 | Debt financing | ₹2 Cr | Investors: Alteria Capital |
| Nov 2022 | Funding round · Seed | ₹16 Cr | Investors: Le Travenues Technology Limited |
| Sep 2022 | Rights issue | ₹5.93 Cr | Investors: Freshbus Ventutres LLP |
To see the full deal history of Freshbus Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Freshbus Private Limited has 5 court cases on record: 5 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed against the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Guntur, Andhra Pradesh | Petition | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Freshbus 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 Freshbus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freshbus has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF7751R1ZR | Karnataka | Active | 03 Aug 2019 |
| 36AADCF7751R1ZW | Telangana | Active | 05 Jan 2023 |
| 37AADCF7751R1ZU | Andhra Pradesh | Active | 24 Feb 2023 |
| 33AADCF7751R1Z2 | Tamil Nadu | Active | 11 Jul 2025 |
To see the full GST registrations and return filing status of Freshbus Private Limited, buy the company report.
Recent activity
Freshbus Private Limited has 11 board changes on record since 2022: 3 appointments and 8 cessations. The latest: Srinivas Pinisetti was appointed as Director on 20 Mar 2025.
Charges
A charge with Others amounted to Rs. 750.00 Lakh with Charge ID 101219710 was registered on 06 Nov 2025.
AGM
Freshbus Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,200.00 Lakh with Charge ID 101163951 was registered on 17 Sep 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101145485 was registered on 28 Jul 2025.
Filing
Freshbus Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 708.82 Lakh with Charge ID 101079600 was registered on 21 Mar 2025.
Appointed
Srinivas Pinisetti was appointed as Director.
Ceased
Puneet Aggarwal ceased to be Additional Director.
Charges
A charge with Others of Rs. 1,650.00 Lakh registered on 30 Mar 2024 with Charge ID 100923303 was modified on 17 Sep 2024.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 101030372 was registered on 14 Aug 2024.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 101030375 was registered on 05 Aug 2024.
Ceased
Aloke Bajpai ceased to be Director.
15 earlier events are in the company report.
News
Frequently asked questions
Freshbus is an active private limited company based in Bangalore, Karnataka, India. The company works in private bus transportation services, within the transport and logistics industry. It was incorporated on 21 June 2019 (7+ years old) and is registered under CIN U63030KA2019PTC125473.
Freshbus has 3 current directors:
- Sudhakar Chirra Reddy - Director
- Srinivas Pinisetti - Director
- Puneet Aggarwal - Director
The latest financial statements of Freshbus 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 2020 are in the company report.
The GSTIN of Freshbus is 29AADCF7751R1ZR, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 36AADCF7751R1ZW (Telangana), 37AADCF7751R1ZU (Andhra Pradesh), 33AADCF7751R1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of Freshbus is U63030KA2019PTC125473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freshbus has 5 court cases on record: 5 filed against it. 4 are pending.
Freshbus was incorporated on 21 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Freshbus has 7 deals on record (3 funding rounds, 2 debt financings, 1 rights issue), with disclosed funding of ₹114 Cr; the latest was in August 2024.
The peers of Freshbus by revenue are Shrinathsolitaire Private Limited, Safar Express Private Limited, Mahalaxmi Bus Transport Private Limited, Dream Line Travels Private Limited, all in the Transport and Logistics industry (Online Ticketing, Private Bus Operators), with the same principal business activity (land transport via road).
Srinivas Pinisetti was appointed as Director on 20 Mar 2025. Puneet Aggarwal ceased to be Additional Director on 29 Sep 2024. Aloke Bajpai ceased to be Director on 16 Jun 2024. Freshbus has 11 board changes on record in total.
Yes, Freshbus is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).