About Funscholar Innovations Private Limited
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Funscholar Innovations Private Limited is a private limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U93090WB2019PTC232452. Its GSTIN is 19AADCF7685E1ZA (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gaurav Nahata and Akash Sethia.
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 59B Chowringhee Road 6th Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.09 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 13.7%) and EBITDA of ₹1.76 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company is associated with 1 brand: Funscholar Inovations. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
For more details, the company can be reached via its website funscholar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address59B Chowringhee Road 6th Floor, Kolkata, West Bengal, India – 700020
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Business Activity of Funscholar Innovations Private Limited
The main business activity of Funscholar Innovations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Funscholar Innovations Private Limited FY 2025 filings available
Funscholar Innovations Private Limited reported revenue of ₹9.09 Cr (up 101% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Funscholar Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 101% growth in the latest year. EBITDA rose 602% 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 Funscholar Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.24 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 of Funscholar Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Funscholar Innovations are in the company report.
Financial statements from FY 2020
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 Funscholar Innovations Private Limited
Funscholar Innovations Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology, Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Path Connect Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Barman Poly Packers Private Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
| Jaiet Aircon Private Limited | •••• | •••• | •••• | •••• | 11 | Thane, Maharashtra, India |
| Trail Trade India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Mamsai Electricals Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Funscholar Innovations Private Limited this company | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Aavvik Business Private Limited | •••• | •••• | •••• | •••• | 10 | Durgapur, West Bengal, India |
| Enersprit Private Limited | •••• | •••• | •••• | •••• | 41 | Bangalore, Karnataka, India |
| Dayaram Salesmart Private Limited | •••• | •••• | •••• | •••• | - | Mathura, Uttar Pradesh, India |
| Atlantic Tradelinks Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Saini Microelectronics Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Funscholar Innovations by revenue in the Education industry (Education Technology, Electronic Appliances Retail and Distribution), 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 Funscholar Innovations Private Limited
Funscholar Innovations Private Limited is audited by SONAM JAIN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SONAM JAIN & ASSOCIATES | 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 Funscholar Innovations Private Limited
Funscholar Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Nahata Also directs: Torquev Technologies Private Limited | Director | 14 Jun 2019 | 7 Years 3 Months | Current |
| Akash Sethia Also directs: Torquev Technologies Private Limited | Director | 14 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Funscholar Innovations 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 Funscholar Innovations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2025 | Others | ₹1 Cr | Open |
| 28 May 2022 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Funscholar Innovations Private Limited
Funscholar Innovations operates one associated brand: Funscholar Inovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative low-energy Bluetooth technologies for efficient inventory tracking. | funscholar.com |
Employees and EPFO Compliance at Funscholar Innovations Private Limited
Employment history and EPFO contributions of people linked to Funscholar Innovations.
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.
Recent Activity on Funscholar Innovations Private Limited
Funscholar Innovations Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Akash Sethia was appointed as Director on 14 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Funscholar Innovations 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 Funscholar Innovations 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 Funscholar Innovations 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 Funscholar Innovations Private Limited
Funscholar Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCF7685E1ZA | West Bengal | Active | 01 Jul 2019 |
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 Funscholar Innovations 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 Funscholar Innovations Private Limited
Funscholar Innovations is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U93090WB2019PTC232452.
Funscholar Innovations reported revenue of ₹9.09 Cr for FY 2024 (up 101% YoY).
Funscholar Innovations has 2 current directors:
- Gaurav Nahata - Director
- Akash Sethia - Director
Funscholar Innovations reported a net profit of ₹1.24 Cr (net margin 13.7%) and EBITDA of ₹1.76 Cr (EBITDA margin 19.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Funscholar Innovations is 10% over three years. In the latest year (FY 2024) revenue rose 101%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Funscholar Innovations is 19AADCF7685E1ZA, registered in West Bengal.
The CIN (Corporate Identification Number) of Funscholar Innovations is U93090WB2019PTC232452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funscholar Innovations was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Funscholar Innovations by revenue are Path Connect Private Limited, Barman Poly Packers Private Limited, Jaiet Aircon Private Limited, Trail Trade India Private Limited, Mamsai Electricals Private Limited and 5 more, all in the Education industry (Education Technology, Electronic Appliances Retail and Distribution).
Akash Sethia was appointed as Director on 14 Jun 2019. Gaurav Nahata was appointed as Director on 14 Jun 2019.
Yes, Funscholar Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).