
Kwai Technology India Private Limited
About Kwai Technology India Private Limited
Data last updated:
Kwai Technology India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Joyo Technology Pte Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC116896. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.62 Cr. It is led by directors Hongyi Jia and Mukesh Dabas.
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 03 – 118 Wework Koramangala Prestige Altanta 80 Feet Main Road Koramangala 1A Block, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹49,800 (net margin 42.8%) and EBITDA of ₹49,800 (EBITDA margin 42.8%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 66% over five years.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹7.57 Cr; the latest was in January 2020. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 7 overdue payments to 1 micro and small supplier.
Company details
Contact details
Kwai Technology India Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address03 – 118 Wework Koramangala Prestige Altanta 80 Feet Main Road Koramangala 1A Block, Bengaluru, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Kwai Technology India Private Limited, buy the company report.
- 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
Financials of Kwai Technology India Private Limited
FY 2025 filings availableKwai Technology India Private Limited reported revenue of ₹1.16 Lakh (down 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 93% fall in the latest year. EBITDA rose 101% 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 |
|---|---|---|---|---|---|
| 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 | ₹49,800 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49,800 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.8% | ||||
| Net Profit Margin | 42.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kwai Technology India Private Limited, buy the company report.
Board of directors of Kwai Technology India Private Limited
Kwai Technology India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hongyi Jia | Director | 24 Jul 2020 | 6 Years 3 Months | Current |
| Mukesh Dabas | Director | 05 May 2022 | 4 Years 5 Months | Current |
Auditor
Kwai Technology India Private Limited is audited by V. P. Thacker & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. P. Thacker & Co. | FY 2023 | 118696W |
Shareholding
The shareholding of Kwai Technology India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kwai Technology India Private Limited, buy the company report.
Deals & funding
Kwai Technology India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7.57 Cr; the latest was in January 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Funding round | ₹7.57 Cr | Investors: Joyo Technology Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kwai Technology India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Kwai Technology India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 7 overdue payments 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 |
|---|---|---|---|
| Nangia & Co LLP |
To see the full MSME payment records of Kwai Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kwai Technology India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kwai Technology India Private Limited, buy the company report.
Recent activity
Kwai Technology India Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Mukesh Dabas ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Kwai Technology India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 2018 (8+ years old) and is registered under CIN U72900KA2018FTC116896.
Kwai Technology India has 2 current directors:
- Hongyi Jia - Director
- Mukesh Dabas - Director
The latest financial statements of Kwai Technology India 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 2019 are in the company report.
No. Kwai Technology India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Kwai Technology India is U72900KA2018FTC116896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwai Technology India was incorporated on 26 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Kwai Technology India has 1 deal on record (1 funding round), with disclosed funding of ₹7.57 Cr; the latest was in January 2020.
Mukesh Dabas ceased to be Additional Director on 30 Sep 2022. Mukesh Dabas was appointed as Director on 05 May 2022. Sandeep Kumar ceased to be Director on 08 Apr 2022. Kwai Technology India has 7 board changes on record in total.
Kwai Technology India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 7 overdue payments to 1 micro and small supplier. The latest return was filed on 27 Apr 2022.
The registered office of Kwai Technology India is at 03 – 118 Wework Koramangala Prestige Altanta 80 Feet Main Road Koramangala 1A Block, Bengaluru, Karnataka, India – 560034.
Kwai Technology India operates in the information technology industry, in the IT consulting and support services segment.

