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Fusion Minds Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹84.79 Lakh
▲ 224% YoY
Net profit · FY 2023
₹6.04 Lakh
Net margin 7.1%
EBITDA · FY 2023
₹6.19 Lakh
EBITDA margin 7.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Fusion Minds Technologies Private Limited
Data last updated:
Fusion Minds Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2019PTC124607. Its GSTIN is 29AADCF7447C1ZL (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mysore Ankanath Yashwanth Kumar and Srishesh Aravind Prabhu.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹84.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.04 Lakh (net margin 7.1%) and EBITDA of ₹6.19 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 173% over three years.
The company is associated with 1 brand: Fusion Minds.
Fusion Minds Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0009396). For more details, the company can be reached via its website fusionminds.co.in.
Company details
CIN U72200KA2019PTC124607
Registration Number 124607
Incorporation Date 24 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0009396
Recognitions & Rankings of Fusion Minds Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0009396
Contact details
Fusion Minds Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is fusionminds.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo 103 3rd Floor Nagadevanahalli, Gnanabharathi Layout 2nd Block Gnanabharathi, Bangalore, Karnataka, India – 560056
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fusion Minds Technologies Private Limited, buy the company report.
Comprehensive company report
Fusion Minds Technologies 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
Fusion Minds Technologies operates one associated brand: Fusion Minds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive digital marketing, SEO, and software development services. | fusionminds.co.in |
Business activity
The main business activity of Fusion Minds Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fusion Minds Technologies Private Limited, buy the company report.
Financials of Fusion Minds Technologies Private Limited
FY 2023 filings availableFusion Minds Technologies Private Limited reported revenue of ₹84.79 Lakh (up 224% YoY) for FY 2023.
Revenue · FY 2023
₹84.79 Lakh ▲ 224%
Net profit · FY 2023
₹6.04 Lakh margin 7.1%
EBITDA · FY 2023
₹6.19 Lakh margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 224%
3 years · compounded
▲ 173%
EBITDA CAGR growth
3 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 173% over three years, including 224% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹84.79 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.19 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6.04 Lakh | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.3% | |||
| Net Profit Margin | 7.1% | |||
| 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 Fusion Minds Technologies Private Limited, buy the company report.
Board of directors of Fusion Minds Technologies Private Limited
Fusion Minds Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srishesh Aravind Prabhu Also directs: Archik Technologies Private Limited | Additional Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Mysore Ankanath Yashwanth Kumar Also directs: Archik Technologies Private Limited | Director | 24 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Fusion Minds Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vehement Media Private Limited | ₹84.88 Lakh (FY 2025) | -12.0% | Park Springs, Pune, Maharashtra, India | |||
| Markseasy Preparation Private Limited | ₹84.86 Lakh (FY 2025) | 109.0% | Rajsamand, Rajasthan, India | |||
| 7 Stream Solutions Private Limited | ₹84.84 Lakh (FY 2025) | -25.0% | Mohali, Punjab, India | |||
| Asymptote Cloud Technologies Private Limited | ₹84.82 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Proiuvo Private Limited | ₹84.79 Lakh (FY 2024) | -62.0% | Hyderabad, Telangana, India | |||
| Fusion Minds Technologies Private Limitedthis company | ₹84.79 Lakh (FY 2023) | ₹6.04 Lakh | 7.1% | 224.0% | Bangalore, Karnataka, India | |
| Zigtal India Private Limited | ₹84.75 Lakh (FY 2025) | 2.0% | Ghaziabad, Uttar Pradesh, India | |||
| Rockstand Digital Private Limited | ₹84.74 Lakh (FY 2024) | 1290.0% | New Delhi, Delhi, India | |||
| Umman Food and Agro Private Limited | ₹84.74 Lakh (FY 2025) | 21.0% | Birbhum, West Bengal, India | |||
| Itech Reality Studios Private Limited | ₹84.67 Lakh (FY 2025) | -10.0% | Thenkasi, Tamil Nadu, India | |||
| Quantum Age Tech Solutions Private Limited | ₹84.66 Lakh (FY 2025) | -16.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Fusion Minds Technologies Private Limited, buy the company report.
Auditor
Fusion Minds Technologies Private Limited is audited by S BHARGAVA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S BHARGAVA AND CO | FY 2023 | 017898S |
Shareholding
The shareholding of Fusion Minds Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fusion Minds Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fusion Minds Technologies 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 Fusion Minds Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fusion Minds Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF7447C1ZL | Karnataka | Active | 11 Jun 2019 |
To see the full GST registrations and return filing status of Fusion Minds Technologies Private Limited, buy the company report.
Recent activity
Fusion Minds Technologies Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Srishesh Aravind Prabhu was appointed as Additional Director on 01 Jul 2024.
Appointed
Srishesh Aravind Prabhu was appointed as Additional Director.
AGM
Fusion Minds Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Fusion Minds Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Hemanth Kumar Mysore Ankanatha ceased to be Additional Director.
Ceased
Doddapura Rajendra Prasad Vijay ceased to be Director.
Appointed
Mysore Ankanath Yashwanth Kumar was appointed as Director.
Incorporation
24 May 2019
Fusion Minds Technologies Private Limited was registered on 24 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.
Frequently asked questions
Fusion Minds Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 May 2019 (7+ years old) and is registered under CIN U72200KA2019PTC124607.
Fusion Minds Technologies has 2 current directors:
- Srishesh Aravind Prabhu - Additional Director
- Mysore Ankanath Yashwanth Kumar - Director
The latest financial statements of Fusion Minds Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Fusion Minds Technologies is 29AADCF7447C1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Fusion Minds Technologies is U72200KA2019PTC124607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fusion Minds Technologies was incorporated on 24 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fusion Minds Technologies by revenue are Vehement Media Private Limited, Markseasy Preparation Private Limited, 7 Stream Solutions Private Limited, Asymptote Cloud Technologies Private Limited, Proiuvo Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Srishesh Aravind Prabhu was appointed as Additional Director on 01 Jul 2024. Hemanth Kumar Mysore Ankanatha ceased to be Additional Director on 30 Nov 2021. Doddapura Rajendra Prasad Vijay ceased to be Director on 07 Jul 2021. Fusion Minds Technologies has 4 board changes on record in total.
Yes, Fusion Minds Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Fusion Minds Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0009396).
Fusion Minds Technologies can be reached through the website fusionminds.co.in. Its registered office is in Bangalore, Karnataka, India.
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