About Lithium Urban Technologies Private Limited
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Lithium Urban Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 20 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076835. Its GSTIN is 29AACCL7697R1Z9 (Karnataka). The company holds 11 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹150.2 Cr and a paid-up capital of ₹109.76 Cr. It is led by directors including Sanjay Akhileswaran Krishnan and Rituparna Chakraborty.
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 No.158 1st Floor Seetaramapalya Village Mahadevapura Kr Puram Hobli, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹192.34 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹62.63 Cr (net margin -32.6%) and EBITDA of ₹25.39 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 28% over five years.
The company has about 510 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Lithium Urban Technologies. As per MCA filings, the company has open charges of ₹190.96 Cr and satisfied charges of ₹170.39 Cr on record. Court records list 107 cases involving the company, including 2 filed by the company and 78 filed against it; 29 cases are pending. The company has 17 deals on record (10 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹407.67 Cr; the latest was in June 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website project-lithium.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.158 1st Floor Seetaramapalya Village Mahadevapura Kr Puram Hobli, Bangalore, Karnataka, India – 560048
- IndustryTransport and Logistics, Ride-Hailing 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
- One PDF report, delivered after checkout
Business Activity of Lithium Urban Technologies Private Limited
The main business activity of Lithium Urban Technologies is support service to organizations. In detail, this covers travel agency and tour operators.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators | 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 Lithium Urban Technologies Private Limited FY 2024 filings available
Lithium Urban Technologies Private Limited reported revenue of ₹192.34 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lithium Urban Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 18% growth in the latest year. EBITDA rose 803% 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 Lithium Urban Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹62.63 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Lithium Urban Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Lithium Urban Technologies are in the company report.
Financial statements from 2015
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.
Auditor Details of Lithium Urban Technologies Private Limited
Lithium Urban Technologies Private Limited is audited by MSKA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & 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 and KMP of Lithium Urban Technologies Private Limited
Lithium Urban Technologies Private Limited currently reports 4 directors and 2 key managerial personnel. 19 former directors have served the organization.
Ownership and Shareholding of Lithium Urban 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 Lithium Urban Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Nov 2025 | Others | ₹12 Cr | Open |
| 29 Apr 2024 | Others | ₹15 Cr | Open |
| 13 Dec 2023 | Others | ₹41 Cr | Open |
| 29 Mar 2023 | Karnataka Bank Ltd. | ₹101.2 Cr | Open |
| 29 Mar 2023 | Karnataka Bank Ltd. | ₹2.5 Cr | Open |
Total charge records: 12 View all charges
Deals & Funding of Lithium Urban Technologies Private Limited
Lithium Urban Technologies Private Limited has 17 deals on record (10 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹407.67 Cr; the latest was in June 2026.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Funding round | Investors: JSW Green Mobility Limited | |
| Aug 2024 | Rights issue | ₹50.07 Cr | Investors: EverSource Capital, an individual |
| Mar 2022 | Secondary share transfer | Buyer: Lithium Foundation, EverSource Capital, an individual Seller: Impact Automotive Solutions Limited , Lightrock India (LGT Lightstone Aspada), 2 individuals | |
| Mar 2022 | Funding round · Series C | ₹229.34 Cr | Investors: EverSource Capital |
| May 2017 | Funding round · Series A | ₹3.7 Cr | Investors: Indag Rubber Limited , 3 individuals |
Full deal history
All 17 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.
Legal Cases of Lithium Urban Technologies Private Limited
Lithium Urban Technologies Private Limited has 107 court cases on record: 2 filed by Lithium Urban Technologies, 78 filed against it, 27 where it is another party. 29 cases are pending and 78 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 103 | 75 | 26 |
| High courts | 4 | 3 | 3 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Court case (MVOP) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
Full case history
All 107 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Lithium Urban Technologies Private Limited
Lithium Urban Technologies operates one associated brand: Lithium Urban Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ride-hailing services are booked via an online platform for corporates. | project-lithium.com |
Competitors & Alternatives of Lithium Urban Technologies Private Limited
Brands and companies operating in the same space as Lithium Urban Technologies Private Limited include eee-Taxi, MyOfficeCab, TrustPool and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 eee-Taxi | Tech-enabled platform offering electric vehicle ride-hailing management solutions | Gurugram, India | 2016 |
 MyOfficeCab | Eco-transportation solutions for corporate employees are provided end-to-end. | Bengaluru, India | 2014 |
 TrustPool | Online carpooling services for corporate employees are enabled. | Gurugram, India | 2016 |
 Easy2Commute | Offers an online booking platform for corporate carpooling services. | Gurugram, India | 2009 |
 Employee Comfort Pool Program | Offers an online platform and app for organizational carpooling. | Bengaluru, India | 2017 |
Employees and EPFO Compliance at Lithium Urban Technologies Private Limited
Lithium Urban Technologies Private Limited has a workforce of 510 employees as of May 14, 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 Lithium Urban Technologies Private Limited
Lithium Urban Technologies has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Next Sedai Charge Private Limited | U45309KA2023PTC169864 | Locked |
| Accelerating Ev Adoption Private Limited | U50500KA2022PTC164467 | Locked |
| Hayai Freight Services Private Limited | U63030KA2022PTC165225 | Locked |
Showing major subsidiaries. Total: 3.
News related to Lithium Urban Technologies Private Limited
Recent Activity on Lithium Urban Technologies Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Lithium Urban 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.
MSME Payment Delays by Lithium Urban Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lithium Urban 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 Lithium Urban Technologies Private Limited
Lithium Urban Technologies has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL7697R1Z9 | Karnataka | Active | 01 Jul 2017 |
| 07AACCL7697R1ZF | Delhi | Active | 01 Jul 2017 |
| 36AACCL7697R1ZE | Telangana | Active | 04 May 2018 |
| 27AACCL7697R1ZD | Maharashtra | Active | 06 Oct 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 Lithium Urban 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.
Frequently Asked Questions about Lithium Urban Technologies Private Limited
Lithium Urban Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 20 October 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076835.
Lithium Urban Technologies reported revenue of ₹192.34 Cr for FY 2025 (up 18% YoY).
Lithium Urban Technologies has 6 current directors and KMP:
- Rohit Sharad Talwalkar - Nominee Director
- Sanjay Akhileswaran Krishnan - Director
- Rituparna Chakraborty - Director
- Shishir Maheshwari - Director
- Namrata Suri - Cfo
- Don John Thomas - Ceo
Lithium Urban Technologies reported a net loss of ₹62.63 Cr (net margin -32.6%) and EBITDA of ₹25.39 Cr (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lithium Urban Technologies is 86% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lithium Urban Technologies is 29AACCL7697R1Z9, registered in Karnataka. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 07AACCL7697R1ZF (Delhi), 36AACCL7697R1ZE (Telangana), 27AACCL7697R1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Lithium Urban Technologies is U74900KA2014PTC076835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lithium Urban Technologies has 107 court cases on record: 2 filed by the company and 78 filed against it. 29 are pending. Most are in the district courts.
Lithium Urban Technologies was incorporated on 20 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.