MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0054829
Jigsaw Academy Education Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.95 Cr
▼ 77% YoY
Net loss · FY 2025
₹6.29 Cr
Net margin -159.2%
EBITDA · FY 2025
₹1.09 Cr
EBITDA margin 27.6%
Authorised capital
₹4.03 Lakh
Registered with MCA
Paid-up capital
₹1.27 Lakh
Issued & subscribed
Open charges
₹20 Cr
Satisfied ₹38.15 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
51
Provident fund records
About Jigsaw Academy Education Private Limited
Data last updated:
Jigsaw Academy Education 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 21 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80301KA2011PTC056734. Its GSTIN is 29AACCJ5190K1Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.03 Lakh and a paid-up capital of ₹1.27 Lakh. It is led by directors Balaji Durai Iyengar and Ambrish Sinha.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.95 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹6.29 Cr (net margin -159.2%) and EBITDA of ₹1.09 Cr (EBITDA margin 27.6%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 25% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jigsaw Academy. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹38.15 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹18.74 Cr; the latest was in September 2019. Its 6 peer companies in the Ecommerce and Internet industry (Education), with the same principal business activity (educational support services) are compared by revenue, 3 larger and 3 smaller; the largest is Kidvento Education and Research Private Limited with revenue of ₹3.99 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier.
Jigsaw Academy Education Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jigsawacademy.com.
Company details
CIN U80301KA2011PTC056734
Registration Number 056734
Incorporation Date 21 January 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0054829
Recognitions & Rankings of Jigsaw Academy Education
Contact details
Jigsaw Academy Education Private Limited's registered office is in Bangalore, Karnataka. Its website is jigsawacademy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1/1 Swami Vivekananda Road Off Mg Road Near Trinity Circle Halasu, Ru, Bangalore, Karnataka, India – 560008
- IndustryEducation, EdTech Solutions
To see the full contact details of Jigsaw Academy Education Private Limited, buy the company report.
Comprehensive company report
Jigsaw Academy Education 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
Jigsaw Academy Education operates one associated brand: Jigsaw Academy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online academy for data analytics training is provided. | jigsawacademy.com |
Financials of Jigsaw Academy Education Private Limited
FY 2025 filings availableJigsaw Academy Education Private Limited reported revenue of ₹3.95 Cr (down 77% YoY) for FY 2025.
Revenue · FY 2025
₹3.95 Cr ▼ 77%
Net loss · FY 2025
₹6.29 Cr margin -159.2%
EBITDA · FY 2025
₹1.09 Cr margin 27.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 47%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 28%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 77% fall in the latest year. EBITDA rose 198% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.29 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.6% | ||||
| Net Profit Margin | -159.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Jigsaw Academy Education Private Limited, buy the company report.
Board of directors of Jigsaw Academy Education Private Limited
Jigsaw Academy Education has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Durai Iyengar | Director | 17 Aug 2023 | 3 Years 2 Months | Current |
| Ambrish Sinha Also directs: Merittrac Services Private Limited, Unext Learning Private Limited | Director | 07 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Jigsaw Academy Education Private Limited is compared with the 6 companies closest to it by revenue in the Ecommerce and Internet industry (Education), 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 |
|---|---|---|---|---|---|---|
| Kidvento Education and Research Private Limited | ₹3.99 Cr (FY 2024) | 5.0% | Mysore, Karnataka, India | |||
| Study Vault Education Private Limited | ₹3.99 Cr (FY 2023) | 112.0% | Ghaziabad, Uttar Pradesh, India | |||
| Ugam Education Foundation | ₹3.98 Cr (FY 2024) | 123.0% | Mumbai, Maharashtra, India | |||
| Jigsaw Academy Education Private Limitedthis company | ₹3.95 Cr (FY 2025) | -₹6.29 Cr | -159.2% | -77.0% | 51 | Bangalore, Karnataka, India |
| Setrap Education Services Private Limited | ₹3.93 Cr (FY 2025) | 166.0% | New Delhi, Delhi, India | |||
| Medtigo India Private Limited | ₹3.93 Cr (FY 2024) | 655.0% | Pune, Maharashtra, India | |||
| Pravasa Education Private Limited | ₹3.92 Cr (FY 2024) | -22.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Jigsaw Academy Education Private Limited, buy the company report.
Auditor
Jigsaw Academy Education Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W100022 |
Shareholding
The shareholding of Jigsaw Academy Education Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jigsaw Academy Education Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
₹38.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2024 | 101001850 | Others | ₹20 Cr | Open | |
| 19 Feb 2022 | 100538180 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Satisfied | |
| 12 Dec 2017 | 100151077 | Yes Bank Limited | ₹8 Cr | Satisfied | |
| 31 Aug 2015 | 10603754 | Hdfc Bank Limited | ₹14.79 Lakh | Satisfied |
To see the full charge records of Jigsaw Academy Education Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Jigsaw Academy Education Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹18.74 Cr; the latest was in September 2019.
Total deals
10
Secondary share transfers
9
Funding round
1
Disclosed funding
₹18.74 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Manipal Global Education Services Private Limited Seller: 3 individuals |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Manipal Global Education Services Private Limited Seller: 3One4 Capital |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: MEMG Family Office Seller: Excubator, an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Merittrac Services Private Limited Seller: 2 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Jigsaw Academy Education 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
Jigsaw Academy Education Private Limited has 1 court case on record: 1 filed by Jigsaw Academy Education. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Jigsaw Academy Education 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
Jigsaw Academy Education Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trans Neuron Technologies Private Limited |
To see the full MSME payment records of Jigsaw Academy Education Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jigsaw Academy Education Private Limited has a workforce of 51 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-57.85%
GST
Jigsaw Academy Education has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCJ5190K1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jigsaw Academy Education Private Limited, buy the company report.
Recent activity
Jigsaw Academy Education Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Balaji Durai Iyengar ceased to be Additional Director on 28 Sep 2023.
AGM
Jigsaw Academy Education Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Filing
Jigsaw Academy Education Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 101001850 was registered on 23 Oct 2024.
Ceased
Balaji Durai Iyengar ceased to be Additional Director.
Ceased
Digumarti Sarita ceased to be Director.
Ceased
Ambrish Sinha ceased to be Nominee Director.
Appointed
Balaji Durai Iyengar was appointed as Director.
Charges
A charge registered on 19 Feb 2022 via Charge ID 100538180 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Jun 2023.
Charges
A charge registered on 31 Aug 2015 via Charge ID 10603754 with Hdfc Bank Limited was fully satisfied on 30 Mar 2022.
Charges
A charge registered on 12 Dec 2017 via Charge ID 100151077 with Yes Bank Limited was fully satisfied on 24 Mar 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3,000.00 Lakh with Charge ID 100538180 was registered on 19 Feb 2022.
Appointed
Ambrish Sinha was appointed as Director.
8 earlier events are in the company report.
News
Frequently asked questions
Jigsaw Academy Education 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 21 January 2011 (15+ years old) and is registered under CIN U80301KA2011PTC056734.
Jigsaw Academy Education has 2 current directors:
- Balaji Durai Iyengar - Director
- Ambrish Sinha - Director
The latest financial statements of Jigsaw Academy Education on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jigsaw Academy Education is 29AACCJ5190K1Z5, 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 Jigsaw Academy Education is U80301KA2011PTC056734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jigsaw Academy Education has 1 court case on record: 1 filed by the company. 1 is pending.
Jigsaw Academy Education was incorporated on 21 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Jigsaw Academy Education has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹18.74 Cr; the latest was in September 2019.
The peers of Jigsaw Academy Education by revenue are Kidvento Education and Research Private Limited, Study Vault Education Private Limited, Ugam Education Foundation, Setrap Education Services Private Limited, Medtigo India Private Limited and 1 more, all in the Ecommerce and Internet industry (Education), with the same principal business activity (educational support services).
Balaji Durai Iyengar ceased to be Additional Director on 28 Sep 2023. Digumarti Sarita ceased to be Director on 18 Aug 2023. Ambrish Sinha ceased to be Nominee Director on 17 Aug 2023. Jigsaw Academy Education has 9 board changes on record in total.
Yes, Jigsaw Academy Education is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0054829).
Jigsaw Academy Education has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Nov 2022.
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