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Hylo Challenger Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42,690
▼ 91% YoY
Net loss · FY 2024
₹17.67 Lakh
Latest filing
EBITDA · FY 2024
₹42,690
EBITDA margin 100%
Authorised capital
₹10 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 Hylo Challenger Private Limited
Data last updated:
Hylo Challenger Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 13 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2019PTC121437. Its GSTIN is 29AAECH8144F1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshmi Thampi and Vishal Gupta.
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 No.C – 4 2nd Left Cross Frens City Road Doddanekundi Circle Marathahalli, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹42,690, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹17.67 Lakh and EBITDA of ₹42,690 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
The company is associated with 1 brand: Viccas.
For more details, the company can be reached via its website hylo.biz.
Company details
CIN U93090KA2019PTC121437
Registration Number 121437
Incorporation Date 13 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Lakshmi Thampi Director Vishal Gupta Director Recognitions & Rankings of Hylo Challenger
Contact details
Hylo Challenger Private Limited's registered office is in Bengaluru, Karnataka. Its website is hylo.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo.C – 4 2nd Left Cross Frens City Road Doddanekundi Circle Marathahalli, Bengaluru, Karnataka, India – 560037
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Hylo Challenger Private Limited, buy the company report.
Comprehensive company report
Hylo Challenger 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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Business activity
The main business activity of Hylo Challenger is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Hylo Challenger Private Limited, buy the company report.
Financials of Hylo Challenger Private Limited
FY 2025 filings availableHylo Challenger Private Limited reported revenue of ₹42,690 (down 91% YoY) for FY 2024.
Revenue · FY 2024
₹42,690 ▼ 91%
Net loss · FY 2024
₹17.67 Lakh
EBITDA · FY 2024
₹42,690 margin 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 83%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▲ 26%
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years, including a 91% fall in the latest year. EBITDA fell 91% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42,690 | ||||
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| Net Profit (PAT) | -₹17.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 100% | ||||
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To see the full financial statements and ratios of Hylo Challenger Private Limited, buy the company report.
Board of directors of Hylo Challenger Private Limited
Hylo Challenger has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Thampi Also directs: Checkup Health Private Limited | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Vishal Gupta Also directs: Address 91 Proptech Private Limited, Tekinspy Software Services Private Limited, Checkup Health Private Limited and 1 more | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Hylo Challenger Private Limited is audited by Khushbu And Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khushbu And Company | FY 2022 | 016801C |
Shareholding
The shareholding of Hylo Challenger 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 Hylo Challenger Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hylo Challenger 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 Hylo Challenger Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hylo Challenger has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH8144F1ZG | Karnataka | Active | 13 Dec 2019 |
To see the full GST registrations and return filing status of Hylo Challenger Private Limited, buy the company report.
Recent activity
Hylo Challenger Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Lakshmi Thampi was appointed as Director on 13 Feb 2019.
AGM
Hylo Challenger Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hylo Challenger Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Lakshmi Thampi was appointed as Director.
Appointed
Vishal Gupta was appointed as Director.
Incorporation
13 Feb 2019
Hylo Challenger Private Limited was registered on 13 Feb 2019 with Roc Bangalore & aged 7 years 8 months as per MCA records.
News
Frequently asked questions
Hylo Challenger is an active private limited company based in Bengaluru, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 13 February 2019 (7+ years old) and is registered under CIN U93090KA2019PTC121437.
Hylo Challenger has 2 current directors:
- Lakshmi Thampi - Director
- Vishal Gupta - Director
The latest financial statements of Hylo Challenger 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 Hylo Challenger is 29AAECH8144F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Hylo Challenger is U93090KA2019PTC121437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hylo Challenger was incorporated on 13 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshmi Thampi was appointed as Director on 13 Feb 2019. Vishal Gupta was appointed as Director on 13 Feb 2019.
Yes, Hylo Challenger is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Hylo Challenger can be reached through the website hylo.biz. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Hylo Challenger is at No.C – 4 2nd Left Cross Frens City Road Doddanekundi Circle Marathahalli, Bengaluru, Karnataka, India – 560037.