India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#305- Valuation
- ₹12,500 Cr
2022 #275 2021 #407
Revenue · FY 2023
₹867.83 Cr
▲ 196% YoY
Net loss · FY 2023
₹405.78 Cr
Net margin -46.8%
EBITDA · FY 2023
-₹213.84 Cr
EBITDA margin -24.6%
Authorised capital
₹29.08 Cr
Registered with MCA
Paid-up capital
₹51.77 Lakh
Issued & subscribed
Satisfied charges
₹165 Cr
No open charges
Company age
11 yrs
Est. 2015
Employees · EPFO
247
Provident fund records
About Garagepreneurs Internet Private Limited
Data last updated:
Garagepreneurs Internet Private Limited was a private limited company based in Gmc, Assam, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the online payment gateways segment of the financial services sector. It was incorporated on 12 June 2015.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U72900AS2015PTC026165. Its GSTIN is 29AAGCG0060M1ZH (Karnataka). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹29.08 Cr and a paid-up capital of ₹51.77 Lakh. It was led by directors including Rajan Bajaj (Managing Director) and Eugene Emmanuel Karthak.
Its last annual general meeting (AGM) was held on 15 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Gmc, Assam.
As per the financials filed for FY 2023, the company reported a revenue of ₹867.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹405.78 Cr (net margin -46.8%) and EBITDA of -₹213.84 Cr (EBITDA margin -24.6%). Revenue has grown at a compounded annual rate (CAGR) of 177% over three years and 203% over five years.
The company had about 247 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 3 brands: SliceIOT, Slice Life and Slice. As per MCA filings, the company had satisfied charges of ₹165 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending. The company has 38 deals on record (18 secondary share transfers, 10 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹3,347.3 Cr; the latest was in September 2026. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 22 overdue payments to 9 micro and small suppliers.
The last known website on record is sliceit.com.
Company details
CIN U72900AS2015PTC026165
Registration Number 026165
Incorporation Date 12 June 2015
ROC Guwahati
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 15 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
CIN history
Garagepreneurs Internet has one previous CIN (Corporate Identification Number): U72900KA2015PTC080871. The current CIN is U72900AS2015PTC026165, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900AS2015PTC026165 | Current |
| U72900KA2015PTC080871 | Previous |
Key People
Rajan Bajaj Managing Director Eugene Emmanuel Karthak Director Sanjay Kumar Bajaj Director Recognitions & Rankings of Garagepreneurs Internet
Contact details
Garagepreneurs Internet Private Limited's registered office is in Gmc, Assam.
- Social Media
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- Registered AddressUnit No. 2D2 Second Floor Fortune Central, Dr. B.N Saikia Road Near Old Regional Passport Office Guwahati, Gmc, Assam, India – 781028
- IndustryFinancial Services, Online Payment Gateways
Comprehensive company report
Garagepreneurs Internet 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
Garagepreneurs Internet operates multiple associated brands including SliceIOT, Slice Life, and slice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Enterprise IoT platform for dashboards, setup, and wireless technology integration. | sliceiot.com | |
| Platform offers a variety of services centered around food delivery and dining experiences | slicelife.com | |
| Digital platform for banking and financial services is operated. | sliceit.com |
Business activity
The main business activity of Garagepreneurs Internet 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 Garagepreneurs Internet Private Limited, buy the company report.
Financials of Garagepreneurs Internet Private Limited
FY 2023 filings availableGaragepreneurs Internet Private Limited reported revenue of ₹867.83 Cr (up 196% YoY) for FY 2023.
Revenue · FY 2023
₹867.83 Cr ▲ 196%
Net loss · FY 2023
₹405.78 Cr margin -46.8%
EBITDA · FY 2023
-₹213.84 Cr margin -24.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 196%
3 years · compounded
▲ 177%
5 years · compounded
▲ 203%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 373%
5 years · compounded
▼ 98%
Revenue has grown at a compounded annual rate (CAGR) of 203% over five years, including 196% growth in the latest year. EBITDA fell 20% 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 | FY 2018-19 |
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| EBITDA | -₹213.84 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹405.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -24.6% | ||||
| Net Profit Margin | -46.8% | ||||
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To see the full financial statements and ratios of Garagepreneurs Internet Private Limited, buy the company report.
Board of directors of Garagepreneurs Internet Private Limited
Garagepreneurs Internet has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Bajaj Also directs: Slice Small Finance Bank Limited | Managing Director | 12 Jun 2015 | 11 Years 4 Months | As last reported |
| Eugene Emmanuel Karthak Also directs: Slice Small Finance Bank Limited | Director | 18 Jan 2023 | 3 Years 9 Months | As last reported |
| Sanjay Kumar Bajaj Also directs: House of Koy Clothing Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | As last reported |
| Ashish Bhupendra Fafadia Also directs: Blume Venture Investment Manager LLP, 3F Ventures Management Consultants LLP, 3F Ventures Investment Manager LLP and 5 more | Nominee Director | 23 Oct 2018 | 8 Years 0 Months | As last reported |
| Nikhil Sachdev Also directs: Slice Small Finance Bank Limited | Nominee Director | 09 Mar 2022 | 4 Years 7 Months | As last reported |
Charges & borrowings
Open charges
None
Satisfied charges
₹165 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2023 | 100799631 | Others | ₹75 Cr | Satisfied | |
| 12 Apr 2022 | 100566382 | Others | ₹40 Cr | Satisfied | |
| 06 Apr 2022 | 100566349 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Garagepreneurs Internet Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Garagepreneurs Internet Private Limited has 38 deals on record (18 secondary share transfers, 10 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹3,347.3 Cr; the latest was in September 2026.
Total deals
38
Secondary share transfers
18
Funding rounds
10
Convertible or debt financings
7
Acquisition
1
Disclosed funding
₹3,347.3 Cr
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Acquisition | Undisclosed | Buyer: Slice Small Finance Bank Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Axis Bank Limited , an individual Seller: 2 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Axis Bank Limited , an individual Seller: Tracxn Labs, 2 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Axis Bank Limited , 3 individuals Seller: Slice Employee Welfare Trust, 3 individuals |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Navi Finserv Limited Seller: 2 individuals |
To see the full deal history of Garagepreneurs Internet 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
Garagepreneurs Internet Private Limited has 8 court cases on record: 4 filed by Garagepreneurs Internet, 4 filed against it. 2 cases are pending and 6 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 2 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Awfis Space Solutions Limited | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Awfis Space Solutions Private Limited | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Joint Commissioner of Commercial Taxes (Appeals) 4 | Pending |
| NCLT, Guwahati | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Garagepreneurs Internet 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
Garagepreneurs Internet Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 22 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Century Computers | |||
| Juspay Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Hyperverge Technologies Private Limited |
To see the full MSME payment records of Garagepreneurs Internet Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Garagepreneurs Internet has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG0060M1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garagepreneurs Internet Private Limited, buy the company report.
Recent activity
Garagepreneurs Internet Private Limited has 12 board changes on record since 2015: 5 appointments and 7 cessations. The latest: Yuki Maniwa ceased to be Nominee Director on 18 Sep 2024.
Ceased
Yuki Maniwa ceased to be Nominee Director.
Charges
A charge registered on 03 Oct 2023 via Charge ID 100799631 with Others was fully satisfied on 08 Jul 2024.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100799631 was registered on 03 Oct 2023.
AGM
Garagepreneurs Internet Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
Ceased
Eugene Emmanuel Karthak ceased to be Additional Director.
Charges
A charge registered on 06 Apr 2022 via Charge ID 100566349 with Others was fully satisfied on 25 Apr 2023.
Filing
Garagepreneurs Internet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Guwahati.
Charges
A charge registered on 12 Apr 2022 via Charge ID 100566382 with Others was fully satisfied on 25 Feb 2023.
Appointed
Eugene Emmanuel Karthak was appointed as Director.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100566382 was registered on 12 Apr 2022.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100566349 was registered on 06 Apr 2022.
Appointed
Nikhil Sachdev was appointed as Nominee Director.
9 earlier events are in the company report.
News
Frequently asked questions
Garagepreneurs Internet has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Garagepreneurs Internet was a private limited company based in Gmc, Assam, India. The company worked in online payment gateways, within the financial services industry. It was incorporated on 12 June 2015 and is registered under CIN U72900AS2015PTC026165. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Garagepreneurs Internet was incorporated on 12 June 2015. It is registered with the Registrar of Companies, Guwahati.
Garagepreneurs Internet had 5 directors:
- Rajan Bajaj - Managing Director
- Eugene Emmanuel Karthak - Director
- Sanjay Kumar Bajaj - Director
- Ashish Bhupendra Fafadia - Nominee Director
- Nikhil Sachdev - Nominee Director
The CIN (Corporate Identification Number) of Garagepreneurs Internet is U72900AS2015PTC026165. 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 Garagepreneurs Internet is at Unit No. 2D2 Second Floor Fortune Central, Dr. B.N Saikia Road Near Old Regional Passport Office Guwahati, Gmc, Assam, India – 781028.
Garagepreneurs Internet can be reached through the website sliceit.com. Its registered office is in Gmc, Assam, India.
The latest financial statements of Garagepreneurs Internet on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Garagepreneurs Internet is 29AAGCG0060M1ZH, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
Garagepreneurs Internet operated in the financial services industry, in the online payment gateways segment.
Garagepreneurs Internet has 38 deals on record (18 secondary share transfers, 10 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹3,347.3 Cr; the latest was in September 2026.