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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address1St 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
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IndustryInternet, Online Financial Services
- 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
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 |
|---|---|---|---|
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AI-based platform for secure collaboration and content management is utilized. | Redwood City, United States, United States | 2005 |
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Provider of mPOS solution and card reader for offline retailers | London, United Kingdom, United Kingdom | 2012 |
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Comprehensive billing and payment solution provider | Atlanta, United States, United States | 2004 |
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Invoice and payment management solutions are offered for small businesses. | Hamilton Township, United States, United States | 2001 |
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Cloud-based invoicing and inventory tools for small businesses are provided. | Bengaluru, India, India | 2016 |
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SaaS-based workflow and task management solution provider | San Francisco, United States, United States | 2015 |
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No-code automation and AI tools are provided for workflow integration. | San Francisco, United States, United States | 2011 |
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Payment processing for bitcoin, e-checks, and credit cards is facilitated. | San Francisco, United States, United States | 2013 |
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Cloud-based debt collection solutions are offered to businesses. | Pyrmont, Australia, Australia | 2015 |
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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.
| 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.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
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.
| 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 & EPFO Data of Indusage Techapp Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Indusage Techapp Private Limited
GSTIN & GST Filing Data of Indusage Techapp Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indusage Techapp Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Indusage Techapp Private Limited
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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.
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.
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.
Recent Activity on Indusage Techapp Private Limited
Recent News on Indusage Techapp Private Limited
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:
- Ankita Galhotra
- Shivendra Vikram Srinet
- Shilpa Sreenivasa Reddy
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.