Function Space Labs Private Limited
About Function Space Labs Private Limited
Data last updated:
Function Space Labs Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the elearning and digital education segment of the education sector. It was incorporated on 26 November 2013.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U80301PN2013PTC149566.
The company had an authorised share capital of ₹3.78 Lakh and a paid-up capital of ₹40. It was led by directors Sandeep Singhal and Arun Madhu.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 3 – 4 Aishwarya Sankul S. No. 17 G.A.Kulkarni Path Opp. Joshi Railway Museum Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2017, the company reported a revenue of ₹23,067, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹7.45 Lakh and EBITDA of -₹6.21 Lakh.
The company was associated with 1 brand: Function Space. Court records list 3 cases involving the company, including 3 filed by the company. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in September 2016. Its 10 peer companies in the Education industry (E Learning) are compared by revenue, 5 larger and 5 smaller; the largest is Sqilah Advanced Learnings Private Limited with revenue of ₹25,571.
Company details
Contact details
Function Space Labs Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3 – 4 Aishwarya Sankul S. No. 17 G.A.Kulkarni Path Opp. Joshi Railway Museum Kothrud, Pune, Maharashtra, India – 411038
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Function Space Labs 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
Function Space Labs operates one associated brand: Function Space. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Collaboration and learning network between students, researchers and enthusiasts | functionspace.org |
Financials of Function Space Labs Private Limited
FY 2017 filings availableFunction Space Labs Private Limited reported revenue of ₹23,067 (down 99% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹6.21 Lakh | ||
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| Net Profit (PAT) | -₹7.45 Lakh | ||
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Financial Ratios
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To see the full financial statements and ratios of Function Space Labs Private Limited, buy the company report.
Board of directors of Function Space Labs Private Limited
Function Space Labs 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 |
|---|---|---|---|---|
| Sandeep Singhal | Director | 20 Dec 2013 | 12 Years 10 Months | As last reported |
| Arun Madhu | Director | 27 Nov 2015 | 10 Years 10 Months | As last reported |
Peer comparison
Function Space Labs Private Limited is compared with the 10 companies closest to it by revenue in the Education industry (E Learning), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sqilah Advanced Learnings Private Limited | ₹25,571 (FY 2025) | Bangalore, Karnataka, India | ||||
| Humishikaagro Farmer Producer Company Limited | ₹25,536 (FY 2025) | 2553500.0% | Nagod, Madhya Pradesh, India | |||
| Ayibo Solutions Private Limited | ₹25,310 (FY 2024) | -46.0% | Mumbai, Maharashtra, India | |||
| Eduquirk Innovations Private Limited | ₹25,000 (FY 2024) | Kolkata, West Bengal, India | ||||
| Learningsol Ventures Private Limited | ₹24,991 (FY 2025) | -58.0% | Bangalore, Karnataka, India | |||
| Function Space Labs Private Limitedthis company | ₹23,067 (FY 2017) | -₹7.45 Lakh | -99.0% | Pune, Maharashtra, India | ||
| Internsveda Edutech Private Limited | ₹22,344 (FY 2024) | Durg, Chhattisgarh, India | ||||
| Zupport Tech India Private Limited | ₹22,173 (FY 2024) | 9295.0% | Delhi, India | |||
| Asap Tutor Private Limited | ₹21,500 (FY 2018) | Bangalore, Karnataka, India | ||||
| Gabm Global Academy of Business and Management Private Limited | ₹20,127 (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Bisjhintus Private Limited | ₹18,850 (FY 2024) | 86.0% | Tripura, India |
To see the full peer comparison of Function Space Labs Private Limited, buy the company report.
Auditor
Function Space Labs Private Limited is audited by PAVAN GOYAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAVAN GOYAL & ASSOCIATES | FY 2016 | 132783W |
Shareholding
The shareholding of Function Space Labs Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Function Space Labs Private Limited, buy the company report.
Deals & funding
Function Space Labs Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in September 2016.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Funding round · Seed | ₹1.8 Cr | Investors: Nexus Venture Partners |
To see the full deal history of Function Space Labs 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
Function Space Labs Private Limited has 3 court cases on record: 3 filed by Function Space Labs. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Function Space Labs 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 Function Space Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Function Space Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Function Space Labs Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Arun Madhu ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Function Space Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Function Space Labs was a private limited company based in Pune, Maharashtra, India. The company worked in elearning and digital education, within the education industry. It was incorporated on 26 November 2013 and is registered under CIN U80301PN2013PTC149566. The company has been struck off by the Registrar of Companies and is no longer operational.
Function Space Labs had 2 directors:
- Sandeep Singhal - Director
- Arun Madhu - Director
The CIN (Corporate Identification Number) of Function Space Labs is U80301PN2013PTC149566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Function Space Labs is at 3 – 4 Aishwarya Sankul S. No. 17 G.A.Kulkarni Path Opp. Joshi Railway Museum Kothrud, Pune, Maharashtra, India – 411038.
Function Space Labs was incorporated on 26 November 2013. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Function Space Labs on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Function Space Labs operated in the education industry, in the elearning and digital education segment. It worked in this industry before it was struck off.
Function Space Labs has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in September 2016.
The peers of Function Space Labs by revenue are Sqilah Advanced Learnings Private Limited, Humishikaagro Farmer Producer Company Limited, Ayibo Solutions Private Limited, Eduquirk Innovations Private Limited, Learningsol Ventures Private Limited and 5 more, all in the Education industry (E Learning).
Function Space Labs has 3 court cases on record: 3 filed by the company.