About Innovare It Solutions Private Limited
Data last updated: 18 December 2025
Innovare It Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 10 February 2015, the company has been in operation for over 11 years.
Registered with ROC Hyderabad under CIN U72200TG2015PTC097590.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Satyabrata Bishnu Acharya and Sri Lakshmi Kosaraju.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: H.No.1 – 98/90/29/13 Pno – 13 3Rd Floor Akshaya Space G.B.Pet Jubilee Hills, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.69 Lakh, a decline of 93% compared to the previous year.
The company is associated with 2 brands - Scifi Kids, Innovare It Solution.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itsinnovare.com.
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Registered AddressH.No.1 – 98/90/29/13 Pno – 13 3Rd Floor Akshaya Space G.B.Pet Jubilee Hills, Hyderabad, Telangana, India – 500081
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IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
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- PDF report delivered after checkout
Associated Brands with Innovare It Solutions Private Limited
Innovare It Solutions Private Limited operates two associated brands: SciFi Kids and Innovare IT Solution. These brands represent Innovare It Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers augmented reality-based games and experiences for children. | scifikids.in | |
| Delivers comprehensive AR solutions for marketing. | itsinnovare.com |
Competitors & Alternatives of Innovare It Solutions Private Limited
Brands and companies operating in the same space as Innovare It Solutions Private Limited include PlayShifu, NexTech AR Solutions, InceptionXR and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
PlayShifu
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Interactive STEM kits are provided for children's learning. | Bengaluru, India, India | 2016 |
NexTech AR Solutions
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AR-based content management software is offered for 3D product experiences. | Toronto, Canada, Canada | 2018 |
InceptionXR
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VR content distribution platform and AR educational solutions are developed. | London, United Kingdom, United Kingdom | 2016 |
mCanvas
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Provides interactive mobile ads to boost brand recall and audience connections. | Mumbai, India, India | 2014 |
Poplar Studio
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Provider of augmented reality solutions for brands | London, United Kingdom, United Kingdom | 2018 |
Aglet
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AR Sneaker shopping game | London, United Kingdom, United Kingdom | 2020 |
Blue Hat Interactive Entertainment Technology
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AR-based educational games are provided for interactive user experiences. | Xiamen, China, China | 2010 |
Avidia
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Augmented reality products for children's education are developed. | Bengaluru, India, India | 2018 |
Tabi Land
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AI-based adaptive learning applications for children are provided. | Wilmington, United States, United States | 2006 |
Darabase
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AR permissions on physical locations are managed and monetized. | London, United Kingdom, United Kingdom | 2019 |
Business Activity of Innovare It Solutions Private Limited
Innovare It Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Innovare It Solutions Private Limited
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Auditor Details of Innovare It Solutions Private Limited
Innovare It Solutions Private Limited is audited by ASK & CO 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 |
|---|---|---|---|
| ASK & CO | Locked | Locked | Locked |
Complete auditor history for Innovare It Solutions Private Limited
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Board of Directors of Innovare It Solutions Private Limited
Innovare It Solutions Private Limited is currently managed by 3 directors, with 1 former director 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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Satyabrata Bishnu Acharya
Also directs:
Raiar Technologies Private Limited
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Director | 25 Jan 2016 | 10 Years 6 Months | Current |
| Sri Lakshmi Kosaraju | Additional Director | 20 Jun 2019 | 7 Years 1 Months | Current |
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Sivaji Yerra
Also directs:
Plugxr Reality Private Limited
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Director | 10 Feb 2015 | 11 Years 5 Months | Current |
Financials of Innovare It Solutions Private Limited FY 2025 filings available
Innovare It Solutions Private Limited reported revenue of ₹16.69 Lakh (down 93.00% YoY) for FY 2025.
Ten-year financial statements for Innovare It Solutions Private Limited
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Ownership and Shareholding of Innovare It Solutions Private Limited
Shareholding and ownership data for Innovare It Solutions Private Limited
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Charges & Borrowings Innovare It Solutions Private Limited
Innovare It Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovare It Solutions Private Limited
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Employee and EPFO history for Innovare It Solutions Private Limited
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GST Compliance of Innovare It Solutions Private Limited
GST registrations and filing compliance for Innovare It Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Innovare It Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Innovare It Solutions Private Limited
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MSME Payment Delays by Innovare It Solutions Private Limited
MSME payment history for Innovare It Solutions Private Limited
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Subsidiaries & Group Companies of Innovare It Solutions Private Limited
Corporate group structure for Innovare It Solutions Private Limited
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MCA Filings & Documents of Innovare It Solutions Private Limited
MCA filings and documents for Innovare It Solutions Private Limited
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Recent Activity on Innovare It Solutions Private Limited
Frequently Asked Questions about Innovare It Solutions Private Limited
Innovare It Solutions Private Limited is an active private limited company in the information technology sector based in Hyderabad, Telangana, India. It was incorporated on 10 February 2015 (11+ years old) and is registered under CIN U72200TG2015PTC097590.
Innovare It Solutions Private Limited reported revenue of ₹16.69 Lakh for FY 2025 (down 93.00% YoY).
The current directors of Innovare It Solutions Private Limited are:
- Satyabrata Bishnu Acharya - Director
- Sri Lakshmi Kosaraju - Additional Director
- Sivaji Yerra - Director
The primary industry of Innovare It Solutions Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Innovare It Solutions Private Limited can be reached at the registered office: H.No.1 – 98902913 Pno – 13 3Rd Floor Akshaya Space G.B.Pet Jubilee Hills, Hyderabad, Telangana, India – 500081, or through the website itsinnovare.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹10 Lakh.