About Fundoo Solutions Private Limited
Data last updated:
Fundoo Solutions Private Limited was a private limited company based in Navimumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 May 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC230459. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Tipping Point Diagnostics Private Limited.
Its last annual general meeting (AGM) was held on 01 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 1804A Pride Plot No 1 Sector 7 Kharghar, Navimumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2021, the company reported a revenue of ₹66,634, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹24,564 (net margin 36.9%) and EBITDA of ₹32,825 (EBITDA margin 49.3%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 53% over five years.
The last known website on record is befundoo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1804A Pride Plot No 1 Sector 7 Kharghar, Navimumbai, Maharashtra, India – 410210
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Fundoo Solutions Private Limited
The main business activity of Fundoo Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fundoo Solutions Private Limited FY 2021 filings available
Fundoo Solutions Private Limited reported revenue of ₹66,634 (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Fundoo Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 73% fall in the latest year. EBITDA fell 63% 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 of Fundoo Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹66,634 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹32,825 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,564 | •••• | •••• | •••• | •••• |
| 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 of Fundoo Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 36.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fundoo Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fundoo Solutions Private Limited
Fundoo Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Highpowerv Software Solutions and Eprojects Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| R2k Software India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| VMT Systems India Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
| Celcite Management Solutions (India) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Snowflake Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Fundoo Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
| Nescode Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Miraj Infotech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Helios & Matheson IT (Bangalore) Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Adarshpati Cable Communication Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Bon Biz IT Services Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Fundoo Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Fundoo Solutions Private Limited
Fundoo Solutions Private Limited is audited by T RAMARAO & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T RAMARAO & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fundoo Solutions Private Limited
Fundoo Solutions has 2 former directors on record and no current directors listed.
Ownership and Shareholding of Fundoo Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fundoo Solutions Private Limited
Fundoo Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fundoo Solutions Private Limited
Employment history and EPFO contributions of people linked to Fundoo Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Fundoo Solutions Private Limited
Fundoo Solutions has one previous CIN (Corporate Identification Number): U93030MH2012PTC230459. The current CIN is U72900MH2012PTC230459, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2012PTC230459 | Current |
| U93030MH2012PTC230459 | Previous |
Recent Activity on Fundoo Solutions Private Limited
Fundoo Solutions Private Limited has 2 board changes on record since 2021: 0 appointments and 2 cessations. The latest: Shankari Seshadri ceased to be Director on 11 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Fundoo Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Fundoo Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Fundoo Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fundoo Solutions Private Limited
Fundoo Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fundoo Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fundoo Solutions Private Limited
Fundoo Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Fundoo Solutions was a private limited company based in Navimumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 01 May 2012 and is registered under CIN U72900MH2012PTC230459. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Fundoo Solutions is U72900MH2012PTC230459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fundoo Solutions was incorporated on 01 May 2012. It is registered with the Registrar of Companies, Mumbai.
Fundoo Solutions can be reached through the website befundoo.com. Its registered office is in Navimumbai, Maharashtra, India.
The registered office of Fundoo Solutions is at 1804A Pride Plot No 1 Sector 7 Kharghar, Navimumbai, Maharashtra, India – 410210.
Fundoo Solutions reported revenue of ₹66,634 for FY 2021 (down 73% YoY).
Fundoo Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Fundoo Solutions reported a net profit of ₹24,564 (net margin 36.9%) and EBITDA of ₹32,825 (EBITDA margin 49.3%) for FY 2021, as per its filed financial statements.
No. Fundoo Solutions has 1 GST registration on record and it is cancelled or inactive.
Fundoo Solutions operated in the information technology industry, in the IT consulting and support services segment.