About Fungible India Private Limited
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Fungible India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Fungible Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2017FTC106690. Its GSTIN is 29AADCF2120J1ZU (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Paul Vincent (Whole-Time Director) and Bertrand Philippe Serlet.
Its last annual general meeting (AGM) was held on 05 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹84.41 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹9.77 Cr (net margin 11.6%) and EBITDA of ₹15.02 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
The company has about 1,010 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fungible.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fungible.com.
Company details
Contact details
Fungible India Private Limited's registered office is in Bangalore, Karnataka. Its website is fungible.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSalarpuria Softzone 3rd Floor B Wing Outer Ring Road Bellandur Village Vart, Hur Hobli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fungible India 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
Fungible India operates one associated brand: Fungible. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Full-stack infrastructure software for data centers is developed. | fungible.com |
Business activity
The main business activity of Fungible India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Fungible India Private Limited, buy the company report.
Financials of Fungible India Private Limited
FY 2022 filings availableFungible India Private Limited reported revenue of ₹84.41 Cr (up 43% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years, including 43% growth in the latest year. EBITDA rose 45% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹84.41 Cr | ||||
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| EBITDA | ₹15.02 Cr | ||||
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| Net Profit (PAT) | ₹9.77 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 11.6% | ||||
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To see the full financial statements and ratios of Fungible India Private Limited, buy the company report.
Board of directors of Fungible India Private Limited
Fungible India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bertrand Philippe Serlet | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
| Bharat Singh Kishan Singh Bisen | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Paul Vincent | Whole-Time Director | 27 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Fungible India Private Limited is audited by SINGHVI DEV & UNNI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI DEV & UNNI | FY 2021 | 003867S |
Shareholding
The shareholding of Fungible India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fungible India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fungible India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fungible India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fungible India Private Limited has a workforce of 1,010 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Fungible India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF2120J1ZU | Karnataka | Active | 18 Nov 2017 |
To see the full GST registrations and return filing status of Fungible India Private Limited, buy the company report.
Recent activity
Fungible India Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Bharat Singh Kishan Singh Bisen ceased to be Additional Director on 24 Sep 2020.
News
Frequently asked questions
Fungible India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 September 2017 (9+ years old) and is registered under CIN U72501KA2017FTC106690.
Fungible India has 3 current directors:
- Paul Vincent - Whole-Time Director
- Bertrand Philippe Serlet - Director
- Bharat Singh Kishan Singh Bisen - Director
The latest financial statements of Fungible India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 05 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Fungible India is 29AADCF2120J1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Fungible India is U72501KA2017FTC106690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fungible India was incorporated on 26 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Bharat Singh Kishan Singh Bisen ceased to be Additional Director on 24 Sep 2020. Bharat Singh Kishan Singh Bisen was appointed as Director on 24 Feb 2020. Sanjay Ramakrishna Kamat ceased to be Director on 01 Oct 2019. Fungible India has 8 board changes on record in total.
Fungible India can be reached through the website fungible.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Fungible India is at Salarpuria Softzone 3rd Floor B Wing Outer Ring Road Bellandur Village Vart, Hur Hobli, Bangalore, Karnataka, India – 560103.
Fungible India operates in the information technology industry, in the application development and software solutions segment.
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