MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0070971
I-Nurture Education Solutions Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹91.97 Cr
▲ 4% YoY
Net loss · FY 2022
₹5.43 Cr
Net margin -5.9%
EBITDA · FY 2022
₹6.08 Cr
EBITDA margin 6.6%
Authorised capital
₹45.68 Cr
Registered with MCA
Paid-up capital
₹31.24 Cr
Issued & subscribed
Open charges
₹19.5 Cr
Satisfied ₹42.27 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
587
Provident fund records
About I-Nurture Education Solutions Private Limited
Data last updated:
I-Nurture Education Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 25 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U09211KA2004PTC034212. Its GSTIN is 29AACCT0705G1ZL (Karnataka).
The company has an authorised share capital of ₹45.68 Cr and a paid-up capital of ₹31.24 Cr. It was formerly known as Toon Skool Private Limited. It is led by directors including Ashwin Ajila (Managing Director) and Arun Kumar Kyal.
Its last annual general meeting (AGM) was held on 30 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 11/4 Block – B1 Niton Compound Palace Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2022, the company reported a revenue of ₹91.97 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹5.43 Cr (net margin -5.9%) and EBITDA of ₹6.08 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 37% over five years.
The company has about 587 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: iNurture. As per MCA filings, the company has open charges of ₹19.5 Cr and satisfied charges of ₹42.27 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 22 deals on record (8 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹261.48 Cr; the latest was in June 2023. Its 5 peer companies in the Education industry (Education, Education Technology), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 4 smaller; the largest is Aress Software and Education Technologies Private Limited with revenue of ₹108.65 Cr.
I-Nurture Education Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070971). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inurture.co.in.
Company details
CIN U09211KA2004PTC034212
Registration Number 034212
Incorporation Date 25 June 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0070971
Key People
Ashwin Ajila Managing Director Ayyavu Palanichamy Vasanthakumar Nominee Director Deepak Komaregowda Nominee Director Recognitions & Rankings of I-Nurture Education Solutions
Contact details
I-Nurture Education Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is inurture.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 11/4 Block – B1 Niton Compound Palace Road, Bangalore, Karnataka, India – 560052
- IndustryEducation, EdTech Solutions
To see the full contact details of I-Nurture Education Solutions Private Limited, buy the company report.
Comprehensive company report
I-Nurture Education Solutions 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
I-Nurture Education Solutions operates one associated brand: iNurture. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Curriculum design solutions for job-oriented university courses are provided. | inurture.co.in |
Financials of I-Nurture Education Solutions Private Limited
FY 2022 filings availableI-Nurture Education Solutions Private Limited reported revenue of ₹91.97 Cr (up 4% YoY) for FY 2022.
Revenue · FY 2022
₹91.97 Cr ▲ 4%
Net loss · FY 2022
₹5.43 Cr margin -5.9%
EBITDA · FY 2022
₹6.08 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 25%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▲ 43%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 4% growth in the latest year. EBITDA fell 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹91.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.43 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | -5.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of I-Nurture Education Solutions Private Limited, buy the company report.
Board of directors of I-Nurture Education Solutions Private Limited
I-Nurture Education Solutions has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ajila | Managing Director | 25 Jun 2004 | 22 Years 4 Months | Current |
| Ayyavu Palanichamy Vasanthakumar Also directs: Freshtohome Foods Private Limited | Nominee Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Deepak Komaregowda Also directs: Inurture 360 Careers Private Limited, Naari Pharma Private Limited, Symbio Generrics India Private Limited and 2 more | Nominee Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Nishu Malhotra | Nominee Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Arun Kumar Kyal Also directs: I-Nurture Education Ventures Private Limited | Director | 24 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
I-Nurture Education Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Education industry (Education, Education Technology), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aress Software and Education Technologies Private Limited | ₹108.65 Cr (FY 2025) | 2.0% | Nashik, Maharashtra, India | |||
| Ekstep Foundation | ₹101.33 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Epowerx Learning Technologies Private Limited | ₹100.38 Cr (FY 2024) | -31.0% | Chennai, Tamil Nadu, India | |||
| Tata Classedge Limited | ₹97.9 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Manipal Global Education Services Private Limited | ₹97.35 Cr (FY 2024) | -77.0% | Bangalore, Karnataka, India | |||
| I-Nurture Education Solutions Private Limitedthis company | ₹91.97 Cr (FY 2022) | -₹5.43 Cr | -5.9% | 4.0% | 587 | Bangalore, Karnataka, India |
To see the full peer comparison of I-Nurture Education Solutions Private Limited, buy the company report.
Auditor
I-Nurture Education Solutions Private Limited is audited by BSR & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associates LLP | FY 2022 | 116231W/W-100024 |
Shareholding
The shareholding of I-Nurture Education Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I-Nurture Education Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.5 Cr
Satisfied charges
₹42.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2022 | 100590642 | Others | ₹7.5 Cr | Open | |
| 08 Nov 2021 | 100499585 | Others | ₹12 Cr | Open | |
| 24 Jun 2020 | 100359318 | Others | ₹14.99 Cr | Satisfied | |
| 18 May 2018 | 100181459 | Others | ₹10 Cr | Satisfied | |
| 19 Apr 2017 | 100096984 | Others | ₹10 Cr | Satisfied |
To see the full charge records of I-Nurture Education Solutions Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
I-Nurture Education Solutions Private Limited has 22 deals on record (8 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹261.48 Cr; the latest was in June 2023.
Total deals
22
Funding rounds
8
Secondary share transfers
6
Convertible or debt financings
3
Debt financings
3
Disclosed funding
₹261.48 Cr
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Dna Entertainment Networks Private Limited Seller: an individual |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Manavi Holdings Private Limited Seller: 2 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Manavi Holdings Private Limited |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Manavi Holdings Private Limited |
| Dec 2009 | Funding round · Seed | ₹3.42 Cr | Investors: GVFL, Manavi Holdings Private Limited , 2 individuals |
To see the full deal history of I-Nurture Education Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
I-Nurture Education Solutions Private Limited has 2 court cases on record: 2 filed by I-Nurture Education Solutions. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Joint Commissioner of Central Tax | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against Ajinkya D. Y Patil University THR Its Registrar Authorized Signatory | Disposed |
To see the full case history of I-Nurture Education Solutions 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 I-Nurture Education Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
I-Nurture Education Solutions has 3 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Inurture 360 Careers Private Limited | U80301KA2015PTC083060 | |
| Innoved K-12 Technologies Private Limited | U80903KA2021PTC143358 | |
| Inurture Galileo India Private Limited | U80904KA2016PTC098008 |
To see the full group structure of I-Nurture Education Solutions Private Limited, buy the company report.
Employees & EPFO
I-Nurture Education Solutions Private Limited has a workforce of 587 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
587
Active EPFO establishments
1
Employee growth
-1.84%
GST
I-Nurture Education Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT0705G1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of I-Nurture Education Solutions Private Limited, buy the company report.
Recent activity
I-Nurture Education Solutions Private Limited has 16 board changes on record since 2004: 5 appointments and 11 cessations. The latest: Arun Kumar Kyal was appointed as Director on 24 Mar 2025.
Appointed
Arun Kumar Kyal was appointed as Director.
Ceased
Pankaj Makkar ceased to be Nominee Director.
Ceased
Jacob Patrick Rumball ceased to be Nominee Director.
Appointed
Nishu Malhotra was appointed as Nominee Director.
Charges
A charge with Others of Rs. 12.00 Cr registered on 08 Nov 2021 with Charge ID 100499585 was modified on 18 Jul 2023.
AGM
I-Nurture Education Solutions Private Limited last Annual general meeting of members was held on 30 Nov 2022 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100590642 was registered on 17 May 2022.
Charges
A charge registered on 24 Jun 2020 via Charge ID 100359318 with Others was fully satisfied on 10 May 2022.
Filing
I-Nurture Education Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge registered on 14 Jul 2011 via Charge ID 10368642 with Axis Bank Limited was fully satisfied on 18 Mar 2022.
Charges
A charge registered on 26 Nov 2010 via Charge ID 10368641 with Axis Bank Limited was fully satisfied on 18 Mar 2022.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100499585 was registered on 08 Nov 2021.
29 earlier events are in the company report.
News
Frequently asked questions
I-Nurture Education Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 25 June 2004 (22+ years old) and is registered under CIN U09211KA2004PTC034212.
I-Nurture Education Solutions has 5 current directors:
- Ashwin Ajila - Managing Director
- Ayyavu Palanichamy Vasanthakumar - Nominee Director
- Deepak Komaregowda - Nominee Director
- Nishu Malhotra - Nominee Director
- Arun Kumar Kyal - Director
The latest financial statements of I-Nurture Education Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 November 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of I-Nurture Education Solutions is 29AACCT0705G1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of I-Nurture Education Solutions is U09211KA2004PTC034212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Nurture Education Solutions has 2 court cases on record: 2 filed by the company. 1 is pending.
I-Nurture Education Solutions was incorporated on 25 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
I-Nurture Education Solutions has 22 deals on record (8 funding rounds, 6 secondary share transfers, 3 convertible or debt financings), with disclosed funding of ₹261.48 Cr; the latest was in June 2023.
The peers of I-Nurture Education Solutions by revenue are Aress Software and Education Technologies Private Limited, Ekstep Foundation, Epowerx Learning Technologies Private Limited, Tata Classedge Limited, Manipal Global Education Services Private Limited, all in the Education industry (Education, Education Technology), with the same principal business activity (educational support services).
Arun Kumar Kyal was appointed as Director on 24 Mar 2025. Pankaj Makkar ceased to be Nominee Director on 18 Sep 2023. Jacob Patrick Rumball ceased to be Nominee Director on 10 Aug 2023. I-Nurture Education Solutions has 16 board changes on record in total.
Yes, I-Nurture Education Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0070971).
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