India's Richest People 2026 edition · 1 director · Source: Hurun India
- #666 Ragy Thomas ₹4,800 Cr
Lyearn Software Development India Private Limited
Lyearn Software Development India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Private Limited Company information technology
Revenue · FY 2024
₹22.54 Cr
▼ 1% YoY
Net profit · FY 2024
₹2.27 Cr
Net margin 10.1%
EBITDA · FY 2024
₹3.35 Cr
EBITDA margin 14.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
17
Provident fund records
Directors on board
3
As per MCA filings
About Lyearn Software Development India Private Limited
Data last updated:
Lyearn Software Development India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lyearn Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 March 2017 and has been in existence for over 9 years.
Its director Ragy Thomas is #666 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC101756. Its GSTIN is 29AADCL2774L1Z0 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Bangalore Narayanaswamy Gnaneshwar Kumar and Ragy Thomas.
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 No.315 First Floor 6th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.54 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Cr (net margin 10.1%) and EBITDA of ₹3.35 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 34% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lyearn.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900KA2017PTC101756
Registration Number 101756
Incorporation Date 28 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Lyearn Inc
Compliance Status Active Compliant
Key People
Bangalore Narayanaswamy Gnaneshwar Kumar Director Ragy Thomas Director Kaveri Kumar Director Recognitions & Rankings of Lyearn Software Development India
Contact details
Lyearn Software Development India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.315 First Floor 6th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Lyearn Software Development India Private Limited, buy the company report.
Comprehensive company report
Lyearn Software Development India Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Brands
Lyearn Software Development India operates one associated brand: Lyearn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI platform for employee upskilling, coaching, and performance tracking. | lyearn.com |
Business activity
The main business activity of Lyearn Software Development India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Lyearn Software Development India Private Limited, buy the company report.
Financials of Lyearn Software Development India Private Limited
FY 2025 filings availableLyearn Software Development India Private Limited reported revenue of ₹22.54 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹22.54 Cr ▼ 1%
Net profit · FY 2024
₹2.27 Cr margin 10.1%
EBITDA · FY 2024
₹3.35 Cr margin 14.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 26%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 24%
5 years · compounded
▲ 32%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹3.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.27 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | ||||
| Net Profit Margin | 10.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Lyearn Software Development India Private Limited, buy the company report.
Board of directors of Lyearn Software Development India Private Limited
Lyearn Software Development India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Narayanaswamy Gnaneshwar Kumar | Director | 28 Mar 2017 | 9 Years 7 Months | Current |
| Ragy Thomas | Director | 01 Dec 2017 | 8 Years 11 Months | Current |
| Kaveri Kumar | Director | 28 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Lyearn Software Development India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tismo Technology Solutions Private Limited | ₹22.7 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| O2o Software Services Private Limited | ₹22.64 Cr (FY 2024) | -28.0% | Bangalore, Karnataka, India | |||
| Act21 Software Private Limited | ₹22.62 Cr (FY 2025) | 21.0% | Delhi, India | |||
| Jarulss Software Solutions Private Limited | ₹22.57 Cr (FY 2024) | 22.0% | Chennai, Tamil Nadu, India | |||
| Lyearn Software Development India Private Limitedthis company | ₹22.54 Cr (FY 2024) | ₹2.27 Cr | 10.1% | -1.0% | 17 | Bangalore, Karnataka, India |
| Ripl Technologies Private Limited | ₹22.47 Cr (FY 2025) | -3.0% | Vadodara, Gujarat, India | |||
| Mobikasa Private Limited | ₹22.47 Cr (FY 2025) | 10.0% | Delhi, India | |||
| LMS Solutions (India) Private Limited | ₹22.46 Cr (FY 2024) | -4.0% | Indore, Madhya Pradesh, India | |||
| Sysmind Tech Private Limited | ₹22.43 Cr (FY 2024) | 8.0% | Delhi, India |
To see the full peer comparison of Lyearn Software Development India Private Limited, buy the company report.
Auditor
Lyearn Software Development India Private Limited is audited by GOWTHAMA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOWTHAMA & CO | FY 2021 | 005917S |
Shareholding
The shareholding of Lyearn Software Development India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Lyearn Software Development India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lyearn Software Development 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
No delayed payments to MSME suppliers are on our record for Lyearn Software Development India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lyearn Software Development India Private Limited has a workforce of 17 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-5.6%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 17 |
| 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 |
To see the full employee and EPFO history of Lyearn Software Development India Private Limited, buy the company report.
GST
Lyearn Software Development India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL2774L1Z0 | Karnataka | Active | 03 Dec 2020 |
To see the full GST registrations and return filing status of Lyearn Software Development India Private Limited, buy the company report.
Recent activity
Lyearn Software Development India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Carlos Dominguez ceased to be Director on 20 Dec 2017.
AGM
Lyearn Software Development India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lyearn Software Development India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Carlos Dominguez ceased to be Director.
Appointed
Ragy Thomas was appointed as Director.
Appointed
Bangalore Narayanaswamy Gnaneshwar Kumar was appointed as Director.
Appointed
Kaveri Kumar was appointed as Director.
Incorporation
28 Mar 2017
Lyearn Software Development India Private Limited was registered on 28 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Frequently asked questions
Lyearn Software Development India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 March 2017 (9+ years old) and is registered under CIN U72900KA2017PTC101756.
Lyearn Software Development India has 3 current directors:
- Bangalore Narayanaswamy Gnaneshwar Kumar - Director
- Ragy Thomas - Director
- Kaveri Kumar - Director
The latest financial statements of Lyearn Software Development 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 2017 are in the company report.
The GSTIN of Lyearn Software Development India is 29AADCL2774L1Z0, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Lyearn Software Development India is U72900KA2017PTC101756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyearn Software Development India was incorporated on 28 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lyearn Software Development India by revenue are Tismo Technology Solutions Private Limited, O2o Software Services Private Limited, Act21 Software Private Limited, Jarulss Software Solutions Private Limited, Ripl Technologies Private Limited and 3 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Carlos Dominguez ceased to be Director on 20 Dec 2017. Ragy Thomas was appointed as Director on 01 Dec 2017. Bangalore Narayanaswamy Gnaneshwar Kumar was appointed as Director on 28 Mar 2017. Lyearn Software Development India has 4 board changes on record in total.
The registered office of Lyearn Software Development India is at No.315 First Floor 6th Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560038.
Lyearn Software Development India operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Lyearn Software Development India is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
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