About Hiveloop Technology Private Limited
Data last updated: 11 February 2026
Hiveloop Technology Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Trustroot Internet Private Limited. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 03 June 2016, the company has been in operation for over 10 years.
Registered with ROC Bangalore under CIN U72900KA2016PTC093868.
Capital: an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹6.62 Cr. It is led by directors including Krishna Menon Vishnu Menon and Ankit Gupta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2024. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹284.76 Cr, a decline of 33.38% compared to the previous year.
The company has a workforce of approximately 1,124 employees as per the latest available data. It operates as a subsidiary of Trustroot Internet Private Limited. Its group structure includes 1 subsidiary.
The company is associated with 5 brands - Dp Mart, Udaan Express, Wholesher, Udaan, Hiveloop. As per MCA filings, the company has open charges of ₹207 Cr and satisfied charges of ₹993.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website udaan.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Registered AddressTwa – Sjr – The Hub 1St Floor Of South Wing Survey Number 8 2 & 9, Sarjapur Main Road Sarjapur – Marathahalli Road Bellandur, Bangalore South, Karnataka, India – 560102
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IndustryE-Commerce, General E-Commerce Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Hiveloop Technology Private Limited
Hiveloop Technology Private Limited operates multiple associated brands including DP Mart, Udaan Express, and WholeSher. These brands represent Hiveloop Technology Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online platform selling electronics, groceries, and household items to consumers. | dpmart.in | |
| Provides a web-based platform for door-to-door delivery services. | udaanexpress.com | |
| An online retail platform offering products in various categories. | wholesher.in | |
| Online marketplace offering multi-category products | udaan.com | |
| Platform offering business loan solutions | hiveloopcapital.com |
Competitors & Alternatives of Hiveloop Technology Private Limited
Brands and companies operating in the same space as Hiveloop Technology Private Limited include Flipkart, Nykaa, Myntra and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Flipkart
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Multi-category consumer products are offered via an online marketplace platform. | Bengaluru, India, India | 2007 |
Nykaa
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Cosmetics, skincare, haircare, and wellness products are retailed online. | Mumbai, India, India | 2012 |
Myntra
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Fashion and lifestyle products are offered via an online marketplace. | Bengaluru, India, India | 2007 |
IndiaMART
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Online B2B marketplace connecting buyers and suppliers of diverse industrial products | Noida, India, India | 1999 |
Amazon
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Multi-category products are offered through an online marketplace. | Seattle, United States, United States | 1994 |
Moglix
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Multi-category products are supplied via a B2B marketplace platform. | Singapore, Singapore, Singapore | 2015 |
InCred
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Financial services are provided, specializing in personal and business loans. | Mumbai, India, India | 2016 |
Meesho
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Sellers are connected with customers via multi-category e-commerce platform. | Bengaluru, India, India | 2015 |
Etsy
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Online marketplace offering multi-category products from independent designers | Dublin, Ireland, Ireland | 2005 |
CityMall
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Multi-category products are retailed online by CityMall. | Gurugram, India, India | 2019 |
Business Activity of Hiveloop Technology Private Limited
Hiveloop Technology Private Limited operates primarily in the information and communication and transport and storage sectors. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Information and communication | ********* | Other information & communication service activities | ********* |
| ********* | Transport and storage | ********* | Land Transport via Road | ********* |
Auditor Details of Hiveloop Technology Private Limited
Hiveloop Technology Private Limited is audited by S R BATLIBIO & ASSOCIATES LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBIO & ASSOCIATES LLP | blur-value | blur-value | blur-value |
Board of Directors of Hiveloop Technology Private Limited
Hiveloop Technology Private Limited is currently managed by 3 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Krishna Menon Vishnu Menon
Also directs:
Hiveloop E-Commerce Private Limited, Newloop Apps Private Limited
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Whole-Time Director | 14 Oct 2022 | 3 Years 8 Months | Current |
| Ankit Gupta | Director | 30 Sep 2024 | 1 Years 9 Months | Current |
| Bannari Jagathish | Whole-Time Director | 05 Aug 2025 | 0 Years 11 Months | Current |
Financials of Hiveloop Technology Private Limited FY 2024 filings available
Hiveloop Technology Private Limited reported revenue of ₹224.83 Cr (down -33.38% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Hiveloop Technology Private Limited
As of FY 2023, Hiveloop Technology Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Hiveloop Technology Private Limited
Hiveloop Technology Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Hiveloop Technology Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Hiveloop Capital Private Limited | U67100KA2016PTC098355 |
**.**%
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Showing major subsidiaries. Total: 1.
Charges & Borrowings of Hiveloop Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2025 | Others | ₹17 Cr | Open |
| 30 Aug 2024 | Others | ₹35 Cr | Open |
| 18 Jul 2024 | Others | ₹25 Cr | Open |
| 16 Sep 2021 | Others | ₹40 Cr | Open |
| 10 Aug 2020 | Others | ₹25 Cr | Open |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Hiveloop Technology Private Limited
Hiveloop Technology Private Limited has a workforce of 1,124 employees as of Nov 18, 2024.
Employee Count & EPFO Data of Hiveloop Technology Private Limited
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GST Compliance of Hiveloop Technology Private Limited
GSTIN & GST Filing Data of Hiveloop Technology Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Hiveloop Technology Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Hiveloop Technology Private Limited
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MSME Payment Delays by Hiveloop Technology Private Limited
MSME Payment Delays by Hiveloop Technology Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Hiveloop Technology Private Limited
Subsidiaries & Group Companies of Hiveloop Technology Private Limited
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MCA Filings & Documents of Hiveloop Technology Private Limited
MCA Filings & Documents of Hiveloop Technology Private Limited
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Recent Activity on Hiveloop Technology Private Limited
Recent News on Hiveloop Technology Private Limited
Frequently Asked Questions about Hiveloop Technology Private Limited
Hiveloop Technology Private Limited is an active private limited company in the e-commerce sector based in Bangalore South, Karnataka, India. It was incorporated on 03 June 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093868. The company has 1,124 employees.
Hiveloop Technology Private Limited reported revenue of ₹284.76 Cr for FY 2024 (down 33.38% YoY).
The current directors of Hiveloop Technology Private Limited are:
The primary industry of Hiveloop Technology Private Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.
Hiveloop Technology Private Limited can be reached at the registered office: Twa – Sjr – The Hub 1St Floor Of South Wing Survey Number 8 2 & 9, Sarjapur Main Road Sarjapur – Marathahalli Road Bellandur, Bangalore South, Karnataka, India – 560102, or through the website udaan.com.
The authorised capital is ₹10.5 Cr, and the paid-up capital is ₹6.62 Cr.