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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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 |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Other information & communication service activities | Locked |
| Locked | Transport and storage | Locked | Land Transport via Road | Locked |
Detailed business activity records for Hiveloop Technology Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
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Verified entity values are shown only after access is granted.
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 |
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| S R BATLIBIO & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Hiveloop Technology Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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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 |
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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 10 Months | Current |
| Ankit Gupta | Director | 30 Sep 2024 | 1 Years 10 Months | Current |
| Bannari Jagathish | Whole-Time Director | 05 Aug 2025 | 1 Years 0 Months | Current |
Financials of Hiveloop Technology Private Limited FY 2024 filings available
Hiveloop Technology Private Limited reported revenue of ₹284.76 Cr (down 33.38% YoY) for FY 2024.
Ten-year financial statements for Hiveloop Technology Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Hiveloop Technology Private Limited
Shareholding and ownership data for Hiveloop Technology Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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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 | Locked |
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 and EPFO history for Hiveloop Technology Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Hiveloop Technology Private Limited
GST registrations and filing compliance for Hiveloop Technology Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Hiveloop Technology Private Limited
Credit ratings, litigation, and regulatory alerts for Hiveloop Technology Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Hiveloop Technology Private Limited
MSME payment history for Hiveloop Technology Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Hiveloop Technology Private Limited
Corporate group structure for Hiveloop Technology Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Hiveloop Technology Private Limited
MCA filings and documents for Hiveloop Technology Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Krishna Menon Vishnu Menon - Whole-Time Director
- Ankit Gupta - Director
- Bannari Jagathish - Whole-Time Director
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.