About Maf Technologies Private Limited
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Maf Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 27 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC350836. Its GSTIN is 27AAOCM1035E1ZN (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7 Cr. It is led by directors Hrishikesh Arvind Mafatlal and Priyavrata Hrishikesh Mafatlal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mafatlal House Backbay Reclamation Mumbai – 400020, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹20.56 Cr and EBITDA of -₹16.69 Cr. Revenue has grown at a compounded annual rate (CAGR) of 110% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Get Set Learn and Uniform Junction.
For more details, the company can be reached via its website uniformjunction.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMafatlal House Backbay Reclamation Mumbai – 400020, Maharashtra, India – 400020
- IndustryInternet, Online Education & Learning Platforms
- 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
Associated Brands with Maf Technologies Private Limited
Maf Technologies operates two associated brands: Get Set Learn and Uniform Junction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for academic and skill development courses. | getsetlearn.online | |
| Offers school uniforms, books, and online learning resources for students and parents. | uniformjunction.com |
Competitors & Alternatives of Maf Technologies Private Limited
Brands and companies operating in the same space as Maf Technologies Private Limited include LEAD School, Amplify, Toppr and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 LEAD School | Integrated edtech systems are provided for K-12 schools. | Mumbai, India | 2012 |
 Amplify | High-quality K-12 curriculum and assessments are provided by Amplify. | Brooklyn, United States | 2000 |
 Toppr | Mobile and SaaS-based platform providing e-learning and test preparation platform for students | Mumbai, India | 2013 |
 ConveGenius | AI-powered platforms are developed for personalized educational learning and assessments. | Noida, India | 2013 |
 Unacademy | Online educational resources and courses for exam preparation are provided. | Bengaluru, India | 2015 |
 EVERFI | Online courses for workplace, higher, and school education are offered. | 2008 | |
 BYJU'S | Online learning programs for K-12 education are delivered. | Bengaluru, India | 2011 |
 Eupheus Learning | School transformation solutions with content and technology are provided. | Delhi, India | 2017 |
 Toprankers | Edtech organization that provides career discovery and preparation solutions to high school students | Bhopal, India | 2016 |
 Uchi.ru | Online courses and gamified tasks for school students are provided. | Moscow, Russia | 2011 |
Business Activity of Maf Technologies Private Limited
The business activities of Maf Technologies are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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.
Auditor Details of Maf Technologies Private Limited
Maf 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 Maf Technologies Private Limited
Maf Technologies Private Limited currently reports 2 directors and 2 key managerial personnel.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hrishikesh Arvind Mafatlal Also directs: Maithili Trading LLP, Mafatlal Hygiene Medtech LLP, Mafatlal Industries Limited and 5 more | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Priyavrata Hrishikesh Mafatlal Also directs: Maithili Trading LLP, Mafatlal Hygiene Medtech LLP, Mafatlal Industries Limited and 5 more | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Amit Yashwant Zaveri | Ceo | 23 Nov 2023 | 2 Years 10 Months | Current |
| Saurabh Sharad Agrawal Also directs: Vrata Trading Private Limited, Vrata Tech Solutions Private Limited, Indivar Foundation and 5 more | Cfo | 23 Nov 2023 | 2 Years 10 Months | Current |
Financials of Maf Technologies Private Limited FY 2025 filings available
Maf Technologies Private Limited reported revenue of ₹1.16 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maf Technologies Private Limited
Revenue fell 40% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 110%. EBITDA fell 109% 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 Maf 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.56 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maf Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Maf Technologies are in the company report.
Financial statements from FY 2021
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.
Ownership and Shareholding of Maf 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 Maf Technologies Private Limited
Maf Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maf Technologies Private Limited
Maf Technologies Private Limited has a workforce of 22 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.
GST Compliance of Maf Technologies Private Limited
Maf Technologies has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM1035E1ZN | Maharashtra | Active | 17 Dec 2020 |
| 27AAOCM1035E1CY | Maharashtra | Active | 06 Aug 2021 |
| 29AAOCM1035E1ZJ | Karnataka | Active | 10 Sep 2021 |
| 26AAOCM1035E1C0 | Daman & Diu | Active | 24 Sep 2021 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Maf 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 Maf 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 Maf 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.
MCA Filings & Documents of Maf 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.
Recent Activity on Maf Technologies Private Limited
Frequently Asked Questions about Maf Technologies Private Limited
Maf Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 27 November 2020 (6+ years old) and is registered under CIN U72900MH2020PTC350836.
Maf Technologies reported revenue of ₹1.16 Cr for FY 2025 (down 40% YoY).
Maf Technologies has 4 current directors and KMP:
- Hrishikesh Arvind Mafatlal - Director
- Priyavrata Hrishikesh Mafatlal - Director
- Amit Yashwant Zaveri - Ceo
- Saurabh Sharad Agrawal - Cfo
Maf Technologies reported a net loss of ₹20.56 Cr and EBITDA of -₹16.69 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maf Technologies is 110% over three years. In the latest year (FY 2025) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maf Technologies is 27AAOCM1035E1ZN, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AAOCM1035E1CY (Maharashtra), 29AAOCM1035E1ZJ (Karnataka), 26AAOCM1035E1C0 (Daman & Diu).
The CIN (Corporate Identification Number) of Maf Technologies is U72900MH2020PTC350836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maf Technologies was incorporated on 27 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Maf Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).