About Straive Private Limited
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Straive Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Spi Global Content Holdings Pte. Ltd.. It operates in the elearning and digital education segment of the education sector. It was incorporated on 17 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC234753. Its GSTIN is 27AAACL9067F1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹256 Cr and a paid-up capital of ₹59.28 Cr. It was formerly known as Learning Mate Solutions Private Limited. It is led by directors including Bharadwaj Rangarao Manju and Samudra Sen.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level7To10 74 Technopark, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,923.28 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹425.02 Cr (net margin 14.5%) and EBITDA of ₹782.31 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 66% over five years.
The company has about 1,313 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: LearningMate and Straive. As per MCA filings, the company has satisfied charges of ₹20.04 Lakh on record. The company has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹2.37 Cr; the latest was in October 2021. Its 3 peer companies in the Education industry (E Learning), with the same principal business activity (education) are compared by revenue, 3 smaller; the largest is Upgrad Education Private Limited with revenue of ₹1,649.99 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 113 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website learningmate.com.
Company details
CIN history
Straive has one previous CIN (Corporate Identification Number): U72900DL2003PTC120945. The current CIN is U72900MH2003PTC234753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2003PTC234753 | Current |
| U72900DL2003PTC120945 | Previous |
Contact details
Straive Private Limited's registered office is in Mumbai, Maharashtra. Its website is learningmate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel7To10 74 Technopark 74/II Ccrossroadmidc Marolindustrilaarea Andheri(Ea, St), Mumbai, Maharashtra, India – 400093
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Straive 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
Brands
Straive operates two associated brands: LearningMate and Straive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online LMS platform utilized for multi-industry skills training and engagement. | learningmate.com | |
| Provider of data-driven insights and AI solutions | straive.com |
Business activity
The main business activity of Straive is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Straive Private Limited, buy the company report.
Financials of Straive Private Limited
FY 2025 filings availableStraive Private Limited reported revenue of ₹2,923.28 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 8% growth in the latest year. EBITDA rose 3% 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 | ₹2,923.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹782.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹425.02 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.8% | ||||
| Net Profit Margin | 14.5% | ||||
| 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 | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Straive Private Limited, buy the company report.
Board of directors of Straive Private Limited
Straive has 5 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharadwaj Rangarao Manju | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Samudra Sen | Director | 29 Aug 2003 | 23 Years 2 Months | Current |
| Kumar Subramaniam | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Abhishek Kumar Jain Also directs: SG Analytics Private Limited | Additional Director | 15 Dec 2025 | 0 Years 10 Months | Current |
| Ankor Rai Also directs: SG Analytics Private Limited | Director | 20 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Straive Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (E Learning), with the same principal business activity (education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Straive Private Limitedthis company | ₹2,923.28 Cr (FY 2025) | ₹425.02 Cr | 14.5% | 8.0% | 1,313 | Mumbai, Maharashtra, India |
| Upgrad Education Private Limited | ₹1,649.99 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Neuroglia Health Private Limited | ₹656.79 Cr (FY 2024) | 16.0% | Bangalore, Karnataka, India | |||
| Simplilearn Solutions Private Limited | ₹577.9 Cr (FY 2025) | -25.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Straive Private Limited, buy the company report.
Auditor
Straive Private Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Straive Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Straive Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2020 | 100364503 | The Hongkong and Shanghai Banking Corporation Limited | ₹20.04 Lakh | Satisfied |
To see the full charge records of Straive Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Straive Private Limited has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹2.37 Cr; the latest was in October 2021.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Spi Global Content Holdings Pte. Limited Seller: 4 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Spi Global Content Holdings Pte. Limited Seller: Helix Investments |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Spi Global Content Holdings Pte. Limited Seller: Helix Investments, 3 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jun 2009 | Funding round | ₹2.35 Cr | Investors: Helix Investments |
To see the full deal history of Straive 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
No court or tribunal cases involving Straive 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
Straive Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 113 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gokelp HR Services Private Limited | |||
| S A Tech Software India Limited | |||
| an individual supplier | |||
| Digifocal IT Solutions Private Limited | |||
| Localize Software Private Limited |
To see the full MSME payment records of Straive Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Straive Private Limited has a workforce of 1,313 employees on its EPFO records as of May 2026.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,313 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Straive Private Limited, buy the company report.
GST
Straive has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL9067F1ZC | Maharashtra | Active | 01 Jul 2017 |
| 19AAACL9067F1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Straive Private Limited, buy the company report.
Recent activity
Straive Private Limited has 24 board changes on record since 2003: 5 appointments and 19 cessations. The latest: Abhishek Kumar Jain was appointed as Additional Director on 15 Dec 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Straive is an active private limited company based in Mumbai, Maharashtra, India. The company works in elearning and digital education, within the education industry. It was incorporated on 17 June 2003 (23+ years old) and is registered under CIN U72900MH2003PTC234753.
Straive has 5 current directors:
- Bharadwaj Rangarao Manju - Director
- Samudra Sen - Director
- Kumar Subramaniam - Director
- Abhishek Kumar Jain - Additional Director
- Ankor Rai - Director
The latest financial statements of Straive on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Straive is 27AAACL9067F1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACL9067F1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Straive is U72900MH2003PTC234753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Straive was incorporated on 17 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Straive has 10 deals on record (6 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹2.37 Cr; the latest was in October 2021.
The peers of Straive by revenue are Upgrad Education Private Limited, Neuroglia Health Private Limited, Simplilearn Solutions Private Limited, all in the Education industry (E Learning), with the same principal business activity (education).
Abhishek Kumar Jain was appointed as Additional Director on 15 Dec 2025. Ankor Rai ceased to be Additional Director on 25 Sep 2025. Ankor Rai was appointed as Director on 20 May 2025. Straive has 24 board changes on record in total.
Straive has 6 MSME Form 1 returns on record between 2022 and 2024, listing 113 overdue payments to 22 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Straive can be reached through the website learningmate.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Straive is at Level7To10 74 Technopark 74II Ccrossroadmidc Marolindustrilaarea AndheriEa, St, Mumbai, Maharashtra, India – 400093.
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