Harnessio R&D Labs India Private Limited
About Harnessio R&D Labs India Private Limited
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Harnessio R&D Labs India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Harness Inc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC113739. Its GSTIN is 29AAECH5657H1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jyoti Kumar Bansal and John Louis Bonney.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹189.45 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹20.27 Cr (net margin 10.7%) and EBITDA of ₹30.47 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 48% over five years.
The company has about 261 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Harness.
Company details
Contact details
Harnessio R&D Labs India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIndiqube Orion Khatha No. 1802/55/13/55/11B Haralukunte Village 24th Main Road 2nd, Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Harnessio R&D Labs 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
Harnessio R&D Labs India operates one associated brand: Harness. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automatic builds, testing, and deployments are managed via self-service platform. | harness.io |
Business activity
The main business activity of Harnessio R&D Labs 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 Harnessio R&D Labs India Private Limited, buy the company report.
Financials of Harnessio R&D Labs India Private Limited
FY 2025 filings availableHarnessio R&D Labs India Private Limited reported revenue of ₹189.45 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 23% growth in the latest year. EBITDA rose 21% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.47 Cr | ||||
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| Net Profit (PAT) | ₹20.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 10.7% | ||||
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To see the full financial statements and ratios of Harnessio R&D Labs India Private Limited, buy the company report.
Board of directors of Harnessio R&D Labs India Private Limited
Harnessio R&D Labs India has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Kumar Bansal Also directs: Traceableai Software India Private Limited | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| John Louis Bonney Also directs: Levelops Private Limited | Director | 16 Sep 2022 | 4 Years 1 Months | Current |
| Hanna Steinbach Also directs: Levelops Private Limited, Chaosnative India Private Limited | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
| Raghavendra | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Harnessio R&D Labs India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hexagon Manufacturing Intelligence India Private Limited | ₹200.65 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Eightfold AI India Private Limited | ₹198.08 Cr (FY 2025) | 39.0% | Noida, Uttar Pradesh, India | |||
| Akal Information Systems Limited | ₹197.69 Cr (FY 2025) | 69.0% | New Delhi, Delhi, India | |||
| Qliktech India Private Limited | ₹196.68 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Viewsonic Technologies India Private Limited | ₹194.55 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Harnessio R&D Labs India Private Limitedthis company | ₹189.45 Cr (FY 2025) | ₹20.27 Cr | 10.7% | 23.0% | 261 | Bangalore, Karnataka, India |
| Eclat Health Solutions (India) Private Limited | ₹186.29 Cr (FY 2025) | 67.0% | Hyderabad, Telangana, India | |||
| Techaspect Solutions Private Limited | ₹185.16 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Winwire Technologies India Private Limited | ₹183.83 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| Xebia Appcino Technologies Private Limited | ₹182.88 Cr (FY 2025) | 12.0% | Jaipur, Rajasthan, India | |||
| Enfusion Softech India Private Limited | ₹181.44 Cr (FY 2025) | 14.0% | Delhi, India |
To see the full peer comparison of Harnessio R&D Labs India Private Limited, buy the company report.
Auditor
Harnessio R&D Labs India Private Limited is audited by DHEERAJ S for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHEERAJ S | FY 2022 | 242820 |
Shareholding
The shareholding of Harnessio R&D Labs India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harnessio R&D Labs India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harnessio R&D Labs 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
Harnessio R&D Labs India Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 75 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rakesh Trading Private Limited | |||
| White October | |||
| Indiqube Spaces Limited | |||
| Carpetizers Technology Private Limited | |||
| Elitmus Evaluation Private Limited |
To see the full MSME payment records of Harnessio R&D Labs India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Harnessio R&D Labs India Private Limited has a workforce of 261 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Harnessio R&D Labs India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH5657H1Z8 | Karnataka | Active | 07 Dec 2018 |
To see the full GST registrations and return filing status of Harnessio R&D Labs India Private Limited, buy the company report.
Recent activity
Harnessio R&D Labs India Private Limited has 12 board changes on record since 2018: 4 appointments and 8 cessations. The latest: Hanna Steinbach ceased to be Additional Director on 29 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Harnessio R&D Labs India is an active foreign 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 06 June 2018 (8+ years old) and is registered under CIN U72900KA2018FTC113739.
Harnessio R&D Labs India has 4 current directors:
- Jyoti Kumar Bansal - Director
- John Louis Bonney - Director
- Hanna Steinbach - Director
- Raghavendra - Director
The latest financial statements of Harnessio R&D Labs India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Harnessio R&D Labs India is 29AAECH5657H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Harnessio R&D Labs India is U72900KA2018FTC113739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harnessio R&D Labs India was incorporated on 06 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Harnessio R&D Labs India by revenue are Hexagon Manufacturing Intelligence India Private Limited, Eightfold AI India Private Limited, Akal Information Systems Limited, Qliktech India Private Limited, Viewsonic Technologies India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Hanna Steinbach ceased to be Additional Director on 29 Sep 2025. Hanna Steinbach was appointed as Director on 25 Feb 2025. Raghavendra ceased to be Additional Director on 29 Sep 2024. Harnessio R&D Labs India has 12 board changes on record in total.
Harnessio R&D Labs India has 5 MSME Form 1 returns on record between 2022 and 2024, listing 75 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Apr 2024.
The registered office of Harnessio R&D Labs India is at Indiqube Orion Khatha No. 180255135511B Haralukunte Village 24th Main Road 2nd, Sector, Bangalore, Karnataka, India – 560102.
Harnessio R&D Labs India operates in the information technology industry, in the IT consulting and support services segment.
Harnessio R&D Labs India has 1 associated brand: Harness.
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