DPIIT recognised startup Government of India
Startup India
Kenverse Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.49 Cr
▲ 130% YoY
Net loss · FY 2025
₹4.73 Cr
Net margin -49.8%
EBITDA · FY 2025
-₹2.64 Cr
EBITDA margin -27.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹8.67 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
26
Provident fund records
Directors on board
2
As per MCA filings
About Kenverse Private Limited
Data last updated:
Kenverse Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the edtech solutions segment of the education sector. It was incorporated on 29 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC133961. Its GSTIN is 29AAICK0770C1ZN (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹8.67 Lakh. It was formerly known as Ken42 Edtech Private Limited. It is led by directors Kada Raju Ganesh and Nikita Sivakumar.
Its last annual general meeting (AGM) was held on 14 November 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 ₹9.49 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net loss of ₹4.73 Cr (net margin -49.8%) and EBITDA of -₹2.64 Cr (EBITDA margin -27.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Ken42. The company has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in March 2023. Its 10 peer companies in the Education industry (Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Adrplexus Medical Services Private Limited with revenue of ₹9.92 Cr. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 65 overdue payments to 12 micro and small suppliers.
Kenverse Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039771). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ken42.com.
Company Details of Kenverse Private Limited
CIN U74999KA2020PTC133961
Registration Number 133961
Incorporation Date 29 April 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 November 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0039771
Recognitions & Rankings of Kenverse
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0039771
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#161 3rd Floor Above Reliance Trends, Vibhuthipura Vignan Nagar Main Road, Bangalore, Karnataka, India – 560037
- IndustryEducation, EdTech Solutions
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Business Activity of Kenverse Private Limited
The main business activity of Kenverse is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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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.
Financials of Kenverse Private Limited FY 2025 filings available
Kenverse Private Limited reported revenue of ₹9.49 Cr (up 130% YoY) for FY 2025.
Revenue · FY 2025
₹9.49 Cr ▲ 130%
Net loss · FY 2025
₹4.73 Cr margin -49.8%
EBITDA · FY 2025
-₹2.64 Cr margin -27.8%
Compounded Annual Growth Rate (CAGR) of Kenverse Private Limited
Revenue CAGR growth
1 year
▲ 130%
3 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 130% growth in the latest year. EBITDA rose 24% 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 Kenverse Private Limited
| Metrics | FY 2024-25 | 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 | -₹2.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.73 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 Kenverse Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.8% | •••• | •••• | •••• | •••• |
| 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 Kenverse are in the company report.
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Financial statements from FY 2021
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.
Board of Directors of Kenverse Private Limited
Kenverse has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kada Raju Ganesh | Director | 25 Nov 2021 | 4 Years 10 Months | Current |
| Nikita Sivakumar | Director | 15 Nov 2023 | 2 Years 11 Months | Current |
Peer Comparison of Kenverse Private Limited
Kenverse Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adrplexus Medical Services Private Limited | ₹9.92 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| 3D Edtech Private Limited | ₹9.81 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Entrepreneurs' Organization Mumbai | ₹9.76 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Avm Infotech (India) Private Limited | ₹9.7 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Indore, Madhya Pradesh, India |
| Gyoash Technologies Private Limited | ₹9.54 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Pune, Maharashtra, India |
| Kenverse Private Limited this company | ₹9.49 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Bangalore, Karnataka, India |
| Gurujiworld Technologies Private Limited | ₹9.32 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Pune, Maharashtra, India |
| Skyfi Education Labs Private Limited | ₹9.3 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Weshine Tech Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Codingal Technologies Private Limited | ₹9.2 Cr (FY 2023) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Genleap Ecosystem Private Limited | ₹9.17 Cr (FY 2023) | •••• | •••• | 18447.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Kenverse by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Kenverse Private Limited
Kenverse Private Limited is audited by VASANTH AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASANTH AND CO | Locked | Locked | Locked |
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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.
Ownership and Shareholding of Kenverse Private Limited
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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 Kenverse Private Limited
Kenverse Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Kenverse Private Limited
Kenverse Private Limited has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in March 2023.
Total deals
7
Secondary share transfers
4
Rights issues
3
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Appletini Ventures LLP Seller: Chand Trust |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Prickly Cacti LLP |
| Jul 2020 | Rights issue | ₹2.5 Cr | Investors: Turbostart, MMK Innoventures LLP , an individual |
| Jun 2020 | Rights issue | ₹6.3 Lakh | Investors: Chand Trust, Prickly Cacti LLP , Turbostart |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: Prickly Cacti LLP , Chand Trust Seller: 2 individuals |
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Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Kenverse Private Limited
Kenverse Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 65 overdue payments to 12 micro and small suppliers. 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Inarvo Solutions | •••• | •••• | •••• |
| Vasanth & Co | •••• | •••• | •••• |
| Sentienz Solutions Private Limited | •••• | •••• | •••• |
| Turbostart Modern Media LLP | •••• | •••• | •••• |
| Wissen Infotech Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 9 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Kenverse Private Limited
Kenverse Private Limited has a workforce of 26 employees as of Apr 09, 2024.
Employee count
26
Active EPFO establishments
1
Employee growth
-23.53%
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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.
Group Structure of Kenverse Private Limited
Kenverse has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Digital Book Stores Private Limited | U74999KA2016PTC095743 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Kenverse Private Limited
Kenverse Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Sundararajan Sasi Kumar ceased to be Director on 25 Nov 2024.
AGM
Kenverse Private Limited last Annual general meeting of members was held on 14 Nov 2025 as per latest MCA records.
Filing
Kenverse Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sundararajan Sasi Kumar ceased to be Director.
Appointed
Nikita Sivakumar was appointed as Director.
Appointed
Kada Raju Ganesh was appointed as Director.
Ceased
Vamsi Krishna Paradarami ceased to be Director.
Ceased
Akshika Harikrishnan ceased to be Director.
Appointed
Sundararajan Sasi Kumar was appointed as Director.
Appointed
Akshika Harikrishnan was appointed as Director.
Appointed
Vamsi Krishna Paradarami was appointed as Director.
Incorporation
29 Apr 2020
Kenverse Private Limited was registered on 29 Apr 2020 with Roc Bangalore & aged 6 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Kenverse Private Limited
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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.
Subsidiaries & Group Companies of Kenverse Private Limited
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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.
GST Compliance of Kenverse Private Limited
Kenverse has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICK0770C1ZN | Karnataka | Active | 05 May 2020 |
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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
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MCA Filings & Documents of Kenverse Private Limited
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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.
Frequently Asked Questions about Kenverse Private Limited
Kenverse 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 29 April 2020 (6+ years old) and is registered under CIN U74999KA2020PTC133961.
Kenverse reported revenue of ₹9.49 Cr for FY 2025 (up 130% YoY).
Kenverse has 2 current directors:
- Kada Raju Ganesh - Director
- Nikita Sivakumar - Director
Kenverse reported a net loss of ₹4.73 Cr (net margin -49.8%) and EBITDA of -₹2.64 Cr (EBITDA margin -27.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kenverse is 40% over three years. In the latest year (FY 2025) revenue rose 130%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kenverse is 29AAICK0770C1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Kenverse is U74999KA2020PTC133961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kenverse was incorporated on 29 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Kenverse has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in March 2023.
The peers of Kenverse by revenue are Adrplexus Medical Services Private Limited, 3D Edtech Private Limited, Entrepreneurs' Organization Mumbai, Avm Infotech (India) Private Limited, Gyoash Technologies Private Limited and 5 more, all in the Education industry (Education Technology).
Sundararajan Sasi Kumar ceased to be Director on 25 Nov 2024. Nikita Sivakumar was appointed as Director on 15 Nov 2023. Kada Raju Ganesh was appointed as Director on 25 Nov 2021. Kenverse has 8 board changes on record in total.
Yes, Kenverse is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).