Startup India Government of India
Innovatily Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.08 Cr
▲ 107% YoY
Net profit · FY 2024
₹19.82 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹59.72 Lakh
EBITDA margin 7.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
48
Provident fund records
About Innovatily Private Limited
Data last updated:
Innovatily Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC135652. Its GSTIN is 29AAFCI6896J1ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girish Chander Yellpragada (Managing Director) and Anupama Anantha.
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 40 & 41 Gangamma Garden Malagala Nagarbhavi, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.08 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹19.82 Lakh (net margin 2.5%) and EBITDA of ₹59.72 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 270% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovatily. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
Innovatily Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0057628). For more details, the company can be reached via its website innovatily.com.
Company details
CIN U72900KA2020PTC135652
Registration Number 135652
Incorporation Date 07 July 2020
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
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0057628
Recognitions & Rankings of Innovatily
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0057628
Contact details
Innovatily Private Limited's registered office is in Bangalore, Karnataka. Its website is innovatily.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address40 & 41 Gangamma Garden Malagala Nagarbhavi, Bangalore, Karnataka, India – 560091
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innovatily Private Limited, buy the company report.
Comprehensive company report
Innovatily 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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Brands
Innovatily operates one associated brand: Innovatily. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data-driven IT solutions and services for industries like Banking and Healthcare. | innovatily.com |
Business activity
The main business activity of Innovatily is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innovatily Private Limited, buy the company report.
Financials of Innovatily Private Limited
FY 2025 filings availableInnovatily Private Limited reported revenue of ₹8.08 Cr (up 107% YoY) for FY 2024.
Revenue · FY 2024
₹8.08 Cr ▲ 107%
Net profit · FY 2024
₹19.82 Lakh margin 2.5%
EBITDA · FY 2024
₹59.72 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 270%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 421%
Revenue has grown at a compounded annual rate (CAGR) of 270% over three years, including 107% growth in the latest year. EBITDA rose 52% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹59.72 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹19.82 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.4% | |||
| Net Profit Margin | 2.5% | |||
| 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 | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Innovatily Private Limited, buy the company report.
Board of directors of Innovatily Private Limited
Innovatily has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Chander Yellpragada Also directs: Ideaplunge Solutions LLP, Scalekrut Technologies Private Limited | Managing Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Anupama Anantha | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Innovatily Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Accelon Technologies Private Limited | ₹8.09 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| Justo Global India Private Limited | ₹8.08 Cr (FY 2025) | 45.0% | Coimbatore, Tamil Nadu, India | |||
| Gomo Digital Business Solutions Private Limited | ₹8.08 Cr (FY 2024) | -17.0% | Pune, Maharashtra, India | |||
| Packet Logics Private Limited | ₹8.08 Cr (FY 2024) | 119.0% | Hyderabad, Telangana, India | |||
| Haystack Robotics Intelligence Private Limited | ₹8.08 Cr (FY 2025) | 337.0% | Chennai, Tamil Nadu, India | |||
| Innovatily Private Limitedthis company | ₹8.08 Cr (FY 2024) | ₹19.82 Lakh | 2.5% | 107.0% | 48 | Bangalore, Karnataka, India |
| Dafson's Healthcare Solutions Private Limited | ₹8.07 Cr (FY 2022) | 28.0% | Hubli, Karnataka, India | |||
| Acadian Technologies Private Limited | ₹8.07 Cr (FY 2025) | 13.0% | Ghaziabad, Uttar Pradesh, India | |||
| Gamma Gaana Limited | ₹8.06 Cr (FY 2025) | 685.0% | New Delhi, Delhi, India | |||
| Intelliinsight Services Private Limited | ₹8.06 Cr (FY 2025) | -54.0% | Hyderabad, Telangana, India | |||
| Yung Digital Media India Private Limited | ₹8.05 Cr (FY 2024) | 8.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Innovatily Private Limited, buy the company report.
Auditor
Innovatily Private Limited is audited by Holla Mitran & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Holla Mitran & Co LLP | FY 2022 | 015659S/S000022 |
Shareholding
The shareholding of Innovatily Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovatily Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2025 | 101235291 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Innovatily Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Total cases
4
Filed against the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Arka Fincap Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Pending |
To see the full case history of Innovatily Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovatily Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovatily Private Limited has a workforce of 48 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
108.7%
GST
Innovatily has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI6896J1ZQ | Karnataka | Active | 27 Oct 2020 |
To see the full GST registrations and return filing status of Innovatily Private Limited, buy the company report.
Recent activity
Innovatily Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Anupama Anantha was appointed as Director on 07 Jul 2020.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101235291 was registered on 03 Dec 2025.
AGM
Innovatily Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovatily Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anupama Anantha was appointed as Director.
Appointed
Girish Chander Yellpragada was appointed as Managing Director.
Incorporation
07 Jul 2020
Innovatily Private Limited was registered on 07 Jul 2020 with Roc Bangalore & aged 6 years 3 months as per MCA records.
Frequently asked questions
Innovatily is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 July 2020 (6+ years old) and is registered under CIN U72900KA2020PTC135652.
Innovatily has 2 current directors:
- Girish Chander Yellpragada - Managing Director
- Anupama Anantha - Director
The latest financial statements of Innovatily 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 2021 are in the company report.
The GSTIN of Innovatily is 29AAFCI6896J1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovatily is U72900KA2020PTC135652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovatily has 4 court cases on record: 4 filed against it. 4 are pending.
Innovatily was incorporated on 07 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovatily by revenue are Accelon Technologies Private Limited, Justo Global India Private Limited, Gomo Digital Business Solutions Private Limited, Packet Logics Private Limited, Haystack Robotics Intelligence Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Anupama Anantha was appointed as Director on 07 Jul 2020. Girish Chander Yellpragada was appointed as Managing Director on 07 Jul 2020.
Yes, Innovatily is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovatily is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0057628).