About Letsventure Technologies Private Limited
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Letsventure Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 06 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC110746. Its GSTIN is 29AADCL5389F1Z4 (Karnataka).
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹26.69 Lakh. It is led by directors including Sanjay Kumar Jha and Anupam Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Wework Galaxy 43 Residency Rd Shanthala Nagar, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.68 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Cr (net margin -45.9%) and EBITDA of -₹5.83 Cr (EBITDA margin -42.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 57 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Apkatiffin and LetsVenture. The company has 11 deals on record (9 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹21.98 Cr; the latest was in March 2022. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Inter Globe Finance Ltd with revenue of ₹13.83 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 18 overdue payments to 4 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 letsventure.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressWework Galaxy 43 Residency Rd Shanthala Nagar, Ashok Nagar Bengaluru Karnataka, Bangalore, Karnataka, India – 560025
- IndustryInternet, Online Financial Services
- 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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Business Activity of Letsventure Technologies Private Limited
The main business activity of Letsventure Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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 Letsventure Technologies Private Limited FY 2024 filings available
Letsventure Technologies Private Limited reported revenue of ₹13.68 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Letsventure Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 2% growth in the latest year. EBITDA rose 45% 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 Letsventure Technologies 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 | -₹5.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.28 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 Letsventure Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -45.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Letsventure Technologies are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Letsventure Technologies Private Limited
Letsventure Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inter Globe Finance Ltd Listed | ₹13.83 Cr (FY 2019) | •••• | •••• | -27.0% | •••• | Kolkata, West Bengal, India |
| Wetrade Technology Private Limited | ₹13.81 Cr (FY 2024) | •••• | •••• | 7749.0% | •••• | Bangalore, Karnataka, India |
| Salter Technologies Private Limited | ₹13.81 Cr (FY 2025) | •••• | •••• | 856.0% | •••• | Mumbai, Maharashtra, India |
| Algoquant Fintech Limited Listed | ₹13.71 Cr (FY 2023) | •••• | •••• | -20.0% | •••• | Gandhinagar, Gujarat, India |
| Brick Eagle Affordable Housing Finance Limited | ₹13.68 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Letsventure Technologies Private Limited this company | ₹13.68 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Sion Finance and Leasing Pvt Ltd | ₹13.61 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Maharashtra, India |
| Franklin Leasing and Finance Limited Listed | ₹13.58 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Gala Finance and Investment Private Limited | ₹13.54 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Navi Mumbai, Maharashtra, India |
| Antaral Finance and Investment Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 973.0% | •••• | Raipur, Chhattisgarh, India |
| RKP Finance Private Limited | ₹13.52 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Letsventure Technologies by revenue in the Ecommerce and Internet industry (Finance), 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 Letsventure Technologies Private Limited
Letsventure Technologies Private Limited is audited by SRINATH PRABHU & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRINATH PRABHU & ASSOCIATES | Locked | Locked | Locked |
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.
Board of Directors of Letsventure Technologies Private Limited
Letsventure Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Jha Also directs: Capitalgrid Technologies Private Limited, Lets Venture Advisors LLP, Indiepitch Solutions Private Limited and 1 more | Director | 06 Mar 2018 | 8 Years 7 Months | Current |
| Anupam Mittal Also directs: People Interactive (India) Private Limited, Mauj Mobile Private Limited, Purple Media Company Private Limited and 1 more | Director | 02 Jun 2018 | 8 Years 4 Months | Current |
| Shanti Mohan Also directs: Samvedcap Advisors LLP, Fundkit Technologies LLP, Capitalgrid Technologies Private Limited and 1 more | Director | 28 Mar 2022 | 4 Years 6 Months | Current |
Ownership and Shareholding of Letsventure Technologies Private Limited
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 Letsventure Technologies Private Limited
Letsventure Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Letsventure Technologies Private Limited
Letsventure Technologies Private Limited has 11 deals on record (9 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹21.98 Cr; the latest was in March 2022.
Deals on record (1 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Funding round | ₹8.9 Lakh | Investors: Accel India, Chiratae Ventures (IDG), 2 individuals |
Full deal history
All 11 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 Letsventure Technologies Private Limited
Letsventure Technologies Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 18 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Epyc Thoughtworks Private Limited | •••• | •••• | •••• |
| Brightbridge Advisors LLP | •••• | •••• | •••• |
| Armstrong International Consultants | •••• | •••• | •••• |
| Indiqube Spaces Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Associated Brands with Letsventure Technologies Private Limited
Letsventure Technologies operates two associated brands: Apkatiffin and LetsVenture. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A mobile app for ordering and delivering tiffin services efficiently. | apkatiffin.com | |
| Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | letsventure.com |
Employees and EPFO Compliance at Letsventure Technologies Private Limited
Letsventure Technologies Private Limited has a workforce of 57 employees as of Apr 07, 2024.
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 Letsventure Technologies Private Limited
Letsventure Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Capitalgrid Technologies Private Limited | U72900KA2021PTC148299 | Locked |
| Letsventure Foundation | U80302KA2022NPL158409 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Letsventure Technologies Private Limited
Letsventure Technologies Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Shanti Mohan ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Letsventure Technologies Private Limited
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 Letsventure Technologies Private Limited
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 Letsventure Technologies Private Limited
Letsventure Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL5389F1Z4 | Karnataka | Active | 02 Jun 2018 |
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Letsventure Technologies Private Limited
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.
Related news about Letsventure Technologies Private Limited
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Frequently Asked Questions about Letsventure Technologies Private Limited
Letsventure Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 06 March 2018 (8+ years old) and is registered under CIN U72900KA2018PTC110746.
Letsventure Technologies reported revenue of ₹13.68 Cr for FY 2025 (up 2% YoY).
Letsventure Technologies has 3 current directors:
- Sanjay Kumar Jha - Director
- Anupam Mittal - Director
- Shanti Mohan - Director
Letsventure Technologies reported a net loss of ₹6.28 Cr (net margin -45.9%) and EBITDA of -₹5.83 Cr (EBITDA margin -42.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Letsventure Technologies is -17% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Letsventure Technologies is 29AADCL5389F1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Letsventure Technologies is U72900KA2018PTC110746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letsventure Technologies was incorporated on 06 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Letsventure Technologies has 11 deals on record (9 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹21.98 Cr; the latest was in March 2022.
The peers of Letsventure Technologies by revenue are Inter Globe Finance Ltd, Wetrade Technology Private Limited, Salter Technologies Private Limited, Algoquant Fintech Limited, Brick Eagle Affordable Housing Finance Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Shanti Mohan ceased to be Additional Director on 30 Sep 2022. Ganesh Nayak ceased to be Director on 28 Mar 2022. Manav Garg ceased to be Director on 28 Mar 2022. Letsventure Technologies has 7 board changes on record in total.
Yes, Letsventure Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).