About Innoterra Bioscience Private Limited
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Innoterra Bioscience Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Innoterra Platforms Holding Ag. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20211MH2010PTC205170. Its GSTIN is 27AABCL8825G1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹15.88 Cr. It was formerly known as Innoterra Tech India Private Limited and Lateral Praxis (India) Private Limited. It is led by directors including Kasinathan Krishna Kumar Avinash and Ankur Tripathi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.21 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr (net margin -162.5%) and EBITDA of -₹1.9 Cr (EBITDA margin -157.1%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company is associated with 2 brands: Lateral Praxis and Innoterra. As per MCA filings, the company has satisfied charges of ₹15 Lakh 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 innoterra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit 801 – 802 8th Floor Tower 1 One International Center, Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Name History of Innoterra Bioscience Private Limited
Innoterra Bioscience has undergone 2 name changes throughout its history. The company was previously known as Innoterra Tech India Private Limited, and Lateral Praxis (India) Private Limited. The current legal name is Innoterra Bioscience Private Limited.
| Company Name | Status |
|---|---|
| Innoterra Bioscience Private Limited | Current |
| Innoterra Tech India Private Limited | Previous |
| Lateral Praxis (India) Private Limited | Previous |
CIN History of Innoterra Bioscience Private Limited
Innoterra Bioscience has one previous CIN (Corporate Identification Number): U72200MH2010PTC205170. The current CIN is U20211MH2010PTC205170, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20211MH2010PTC205170 | Current |
| U72200MH2010PTC205170 | Previous |
Associated Brands with Innoterra Bioscience Private Limited
Innoterra Bioscience operates two associated brands: Lateral Praxis and Innoterra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Farming, IT, and e-governance services are provided to farmers. | lateralpraxis.com | |
| Innoterra is engaged in agri-tech innovation and food supply chain solutions. | innoterra.com |
Competitors & Alternatives of Innoterra Bioscience Private Limited
Brands and companies operating in the same space as Innoterra Bioscience Private Limited include FBN, DeHaat, StarAgri and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 FBN | Provider of farmers networking platform | San Carlos, United States | 2014 |
 DeHaat | DeHaat is recognized as an online marketplace for farmers. | Patna, India | 2012 |
 StarAgri | Integrated services are provided across the agricultural value chain. | Mumbai, India | 2006 |
 Farmers Edge | Precision agriculture solutions and farm data management platforms are provided. | Winnipeg, Canada | 2005 |
 ClimateAI | AI-driven farm management and climate resilience services are provided. | San Francisco, United States | 2017 |
 Ayekart | Agricultural producers and distributors are connected through a service network. | Mumbai, India | 2020 |
 Farmerline | Provider of weather information and content marketing services | Kumasi, Ghana | 2003 |
 Semaai | Provider of app-based diversified tech-based services for farmers | Jakarta, Indonesia | 2021 |
 Farmer Near Me | Multi-category agricultural products are facilitated via an online marketplace. | Shimla, India | 2019 |
 Fishmiles | Operates as an integrated fish and aquaculture wholesale company. | Bengaluru, India | 2021 |
Business Activity of Innoterra Bioscience Private Limited
The main business activities of Innoterra Bioscience are information and communication and manufacturing. In detail, this covers computer programming, consultancy and related activities and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Innoterra Bioscience Private Limited
Innoterra Bioscience Private Limited is audited by A K KOCCHAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K KOCCHAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innoterra Bioscience Private Limited
Innoterra Bioscience has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kasinathan Krishna Kumar Avinash Also directs: Districo India Private Limited, Innoterra Private Limited, Innoterra India Private Limited and 1 more | Director | 12 Jul 2024 | 2 Years 2 Months | Current |
| Ankur Tripathi | Additional Director | 30 Jul 2025 | 1 Years 2 Months | Current |
| Shubhda Nautiyal | Additional Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Financials of Innoterra Bioscience Private Limited FY 2025 filings available
Innoterra Bioscience Private Limited reported revenue of ₹1.21 Cr (down 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Innoterra Bioscience Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 41% fall 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 of Innoterra Bioscience Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.21 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.96 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innoterra Bioscience Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -157.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -162.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innoterra Bioscience are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Innoterra Bioscience Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innoterra Bioscience Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2011 | Bank of India | ₹15 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Innoterra Bioscience Private Limited
Employment history and EPFO contributions of people linked to Innoterra Bioscience.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Innoterra Bioscience Private Limited
Innoterra Bioscience has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL8825G1ZD | Maharashtra | Active | 01 Jul 2017 |
| 09AABCL8825G1ZB | Uttar Pradesh | Active | 02 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Innoterra Bioscience Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innoterra Bioscience Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innoterra Bioscience Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innoterra Bioscience Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Innoterra Bioscience Private Limited
Frequently Asked Questions about Innoterra Bioscience Private Limited
Innoterra Bioscience is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 July 2010 (16+ years old) and is registered under CIN U20211MH2010PTC205170.
Innoterra Bioscience reported revenue of ₹1.21 Cr for FY 2023 (down 41% YoY).
Innoterra Bioscience has 3 current directors:
- Kasinathan Krishna Kumar Avinash - Director
- Ankur Tripathi - Additional Director
- Shubhda Nautiyal - Additional Director
Innoterra Bioscience reported a net loss of ₹1.96 Cr (net margin -162.5%) and EBITDA of -₹1.9 Cr (EBITDA margin -157.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innoterra Bioscience is -17% over three years and -10% over five years. In the latest year (FY 2023) revenue fell 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innoterra Bioscience is 27AABCL8825G1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AABCL8825G1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Innoterra Bioscience is U20211MH2010PTC205170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoterra Bioscience was incorporated on 02 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Innoterra Bioscience can be reached through the website innoterra.com. Its registered office is in Mumbai, Maharashtra, India.