Indusage Techapp Private Limited

Indusage Techapp Private Limited - internet in Bangalore South, Karnataka, India. FY 2026 financials and compliance.
CIN U74110KA2020PTC132436 Incorporated 07 February 2020 ROC Bangalore HQ Bangalore South, Karnataka, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2023
₹90.33 Cr
▼ 9.80% YoY
EBITDA · FY 2023
*****
▲ 42.92% YoY
Net profit · FY 2023
*****
▲ 46.18% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.9 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
47
Latest available

About Indusage Techapp Private Limited

Data last updated: 07 February 2026

Indusage Techapp Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Trustroot Internet Private Limited. It specialises in online financial services, a part of the broader internet and digital services sector. Incorporated on 07 February 2020, the company has been in operation for over 6 years.

Registered with ROC Bangalore under CIN U74110KA2020PTC132436.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.9 Cr. Formerly known as Indusbuy Techserve Private Limited and Indusbuy Cash N Carry Private Limited. It is led by directors Shivendra Vikram Srinet and Shilpa Sreenivasa Reddy.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹90.33 Cr, a decline of 9.8% compared to the previous year.

The company has a workforce of approximately 47 employees as per the latest available data. It operates as a subsidiary of Trustroot Internet Private Limited.

The company is associated with 2 brands - Timepay, Udaancapital.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website udaancapital.com.

Company Details of Indusage Techapp Private Limited
CIN U74110KA2020PTC132436
Registration Number 132436
Incorporation Date 07 February 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Trustroot Internet Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    1St Floor Of South Wing Twa – Sjr – The Hub Survey Number 8 2 & 9, Sarjapur Main Road Sarjapur – Marathahalli Road Bellandur, Bangalore South, Karnataka, India – 560102
  • Industry
    Internet, Online Financial Services
Company report
Indusage Techapp Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Indusage Techapp Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Indusage Techapp Private Limited

Indusage Techapp Private Limited has undergone 2 name changes throughout its history. The company was previously known as Indusbuy Techserve Private Limited, and Indusbuy Cash N Carry Private Limited. The current legal name is Indusage Techapp Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Indusage Techapp Private Limited Current
Indusbuy Techserve Private Limited Previous
Indusbuy Cash N Carry Private Limited Previous

CIN History of Indusage Techapp Private Limited

Indusage Techapp Private Limited has one previous CIN (Corporate Identification Number): U51909KA2020PTC132436. The current CIN is U74110KA2020PTC132436, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74110KA2020PTC132436 Current
U51909KA2020PTC132436 Previous

Associated Brands with Indusage Techapp Private Limited

Indusage Techapp Private Limited operates two associated brands: TimePay and udaanCapital. These brands represent Indusage Techapp Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Accounts receivable management software is offered to businesses. timepay.co.in
App-based accounting, credit collection, and invoicing solutions for small & medium businesses udaancapital.com

Competitors & Alternatives of Indusage Techapp Private Limited

Brands and companies operating in the same space as Indusage Techapp Private Limited include Box, SumUp, Paymentus and 7 more.

Competitor Description Location Founded
Box Box AI-based platform for secure collaboration and content management is utilized. Redwood City, United States, United States 2005
SumUp SumUp Provider of mPOS solution and card reader for offline retailers London, United Kingdom, United Kingdom 2012
Paymentus Paymentus Comprehensive billing and payment solution provider Atlanta, United States, United States 2004
Billtrust Billtrust Invoice and payment management solutions are offered for small businesses. Hamilton Township, United States, United States 2001
Vyapar Vyapar Cloud-based invoicing and inventory tools for small businesses are provided. Bengaluru, India, India 2016
Pipefy Pipefy SaaS-based workflow and task management solution provider San Francisco, United States, United States 2015
Zapier Zapier No-code automation and AI tools are provided for workflow integration. San Francisco, United States, United States 2011
PayStand PayStand Payment processing for bitcoin, e-checks, and credit cards is facilitated. San Francisco, United States, United States 2013
InDebted InDebted Cloud-based debt collection solutions are offered to businesses. Pyrmont, Australia, Australia 2015
Invoice2go Invoice2go An app-based invoicing solution is provided for small businesses. Palo Alto, United States, United States 2002

Business Activity of Indusage Techapp Private Limited

Indusage Techapp Private Limited operates primarily in the support service to organizations sector. 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
********* Support service to Organizations ********* Other support services to organizations *********
********* Support service to Organizations ********* Other support services to organizations *********

Auditor Details of Indusage Techapp Private Limited

Indusage Techapp Private Limited is audited by S R BATLIBIO & ASSOCIATES LLP for the financial year 2023. 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 Indusage Techapp Private Limited

Indusage Techapp Private Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Shivendra Vikram Srinet Director 15 May 2024 2 Years 1 Months Current
Shilpa Sreenivasa Reddy Director 24 Apr 2024 2 Years 2 Months Current

Financials of Indusage Techapp Private Limited FY 2025 filings available

Indusage Techapp Private Limited reported revenue of ₹89.57 Cr (down -9.80% YoY) for FY 2023. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹89.57 Cr ▼ -9.80%
Profit
***** ▲ 46.18%
EBITDA
***** ▲ 42.92%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Indusage Techapp Private Limited

As of FY 2023, Indusage Techapp Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Indusage Techapp Private Limited

Indusage Techapp Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Indusage Techapp Private Limited

Indusage Techapp Private Limited has a workforce of 47 employees as of Apr 03, 2024.

Employee count
47
Active EPFO establishments
1
Employee growth
-64.66%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Indusage Techapp Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Indusage Techapp Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Indusage Techapp Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Indusage Techapp Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Indusage Techapp Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Indusage Techapp Private Limited

MSME Payment Delays by Indusage Techapp Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Indusage Techapp Private Limited

Subsidiaries & Group Companies of Indusage Techapp Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Indusage Techapp Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Indusage Techapp Private Limited

MCA Filings & Documents of Indusage Techapp Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Indusage Techapp Private Limited

Activity
30 Sep 2025
Indusage Techapp Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Indusage Techapp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
19 Oct 2024
Ankita Galhotra was appointed as a Company Secretary on 19 Oct 2024 & has been associated with this company since 1 year 8 months.
Directors
15 May 2024
Shivendra Vikram Srinet was appointed as a Director on 15 May 2024 & has been associated with this company since 2 years 2 months.
Directors
24 Apr 2024
Shilpa Sreenivasa Reddy was appointed as a Director on 24 Apr 2024 & has been associated with this company since 2 years 2 months.
Activity
07 Feb 2020
Indusage Techapp Private Limited was registered on 07 Feb 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.

Frequently Asked Questions about Indusage Techapp Private Limited

Indusage Techapp Private Limited is an active private limited company in the internet sector based in Bangalore South, Karnataka, India. It was incorporated on 07 February 2020 (6+ years old) and is registered under CIN U74110KA2020PTC132436. The company has 47 employees.

Indusage Techapp Private Limited reported revenue of ₹90.33 Cr for FY 2023 (down 9.80% YoY).

The current directors of Indusage Techapp Private Limited are:

The primary industry of Indusage Techapp Private Limited is internet. The company specifically operates in online financial services. The company is currently active in this sector.

Indusage Techapp Private Limited can be reached at the registered office: 1St Floor Of South Wing Twa – Sjr – The Hub Survey Number 8 2 & 9, Sarjapur Main Road Sarjapur – Marathahalli Road Bellandur, Bangalore South, Karnataka, India – 560102, or through the website udaancapital.com.

The authorised capital is ₹15 Cr, and the paid-up capital is ₹11.9 Cr.

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