About Manazed Technologies Private Limited
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Manazed Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC145202. Its GSTIN is 29AAOCM4002H1ZG (Karnataka).
The company has an authorised share capital of ₹25.1 Lakh and a paid-up capital of ₹6.95 Lakh. It is led by directors including Nitin Singh Bhadauria and Vatsal Rastogi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹49.99 Cr (net margin -405.6%) and EBITDA of -₹46.74 Cr (EBITDA margin -379.2%).
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lucidity. As per MCA filings, the company has open charges of ₹2 Lakh on record. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹440.83 Cr; the latest was in February 2025. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Adroit Technologies Innovative Solutions Private Limited with revenue of ₹12.36 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucidity.cloud.
Company details
Contact details
Manazed Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is lucidity.cloud. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301/302 3rd Floor Saket Callipolis, Sarjapur Main Road Doddakannel, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Manazed Technologies 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
Manazed Technologies operates one associated brand: Lucidity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud block storage management is facilitated through an intelligent platform. | lucidity.cloud |
Business activity
The main business activity of Manazed Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Manazed Technologies Private Limited, buy the company report.
Financials of Manazed Technologies Private Limited
FY 2025 filings availableManazed Technologies Private Limited reported revenue of ₹12.33 Cr (up 560% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 560% in the latest year. EBITDA fell 212% 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 |
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| EBITDA | -₹46.74 Cr | ||||
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| Net Profit (PAT) | -₹49.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -379.2% | ||||
| Net Profit Margin | -405.6% | ||||
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To see the full financial statements and ratios of Manazed Technologies Private Limited, buy the company report.
Board of directors of Manazed Technologies Private Limited
Manazed Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Singh Bhadauria | Director | 11 Mar 2021 | 5 Years 8 Months | Current |
| Vatsal Rastogi | Director | 11 Mar 2021 | 5 Years 8 Months | Current |
| Rishit Desai Also directs: Tech Uniapps (India) Services Private Limited, Keka Technologies Private Limited, Simply Vyapar Apps Private Limited and 1 more | Nominee Director | 10 Feb 2025 | 1 Years 9 Months | Current |
Peer comparison
Manazed Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adroit Technologies Innovative Solutions Private Limited | ₹12.36 Cr (FY 2025) | 52.0% | Pollachi, Tamil Nadu, India | |||
| Ausreo Technical Services India Private Limited | ₹12.36 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| Ussr Telecom Private Limited | ₹12.33 Cr (FY 2025) | 98.0% | Noida, Uttar Pradesh, India | |||
| Optimal Telemedia Private Limited | ₹12.33 Cr (FY 2025) | 41.0% | Gujarat, India | |||
| Tactical Cyberange Simulations Private Limited | ₹12.33 Cr (FY 2024) | 141.0% | Noida, Uttar Pradesh, India | |||
| Manazed Technologies Private Limitedthis company | ₹12.33 Cr (FY 2025) | -₹49.99 Cr | -405.6% | 560.0% | 80 | Bangalore, Karnataka, India |
| Pax Innovation Ict Services Private Limited | ₹12.32 Cr (FY 2025) | 532.0% | Bangalore, Karnataka, India | |||
| Globals ITES Private Limited | ₹12.31 Cr (FY 2025) | 62.0% | Bangalore, Karnataka, India | |||
| Customerlabs Digital Solutions Private Limited | ₹12.31 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Crazy Nib Communications Private Limited | ₹12.31 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Deshkal Network Private Limited | ₹12.31 Cr (FY 2024) | -21.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Manazed Technologies Private Limited, buy the company report.
Auditor
Manazed Technologies Private Limited is audited by Shekar & Yathish for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shekar & Yathish | FY 2023 | 008964S |
Shareholding
The shareholding of Manazed Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Manazed Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2021 | 100484190 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Manazed Technologies Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹440.83 Cr; the latest was in February 2025.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round · Series A | ₹182.47 Cr | Investors: Westbridge Capital Partners, Alpha Wave Global |
| Feb 2025 | Funding round · Series A | ₹173.66 Cr | Investors: Westbridge Capital Partners, Alpha Wave Global |
| Jun 2022 | Funding round · Seed | ₹39.35 Cr | Investors: Alpha Wave Global, Beenext, Blume Ventures |
| May 2021 | Funding round · Pre-seed | ₹3.62 Cr | Investors: Beenext, NuVentures, BoldCap |
To see the full deal history of Manazed Technologies 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 Manazed Technologies 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
Manazed Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aritra Partners Management Consultants LLP |
To see the full MSME payment records of Manazed Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Manazed Technologies Private Limited has a workforce of 80 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 80 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Manazed Technologies Private Limited, buy the company report.
GST
Manazed Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM4002H1ZG | Karnataka | Active | 29 Mar 2021 |
To see the full GST registrations and return filing status of Manazed Technologies Private Limited, buy the company report.
Recent activity
Manazed Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Rishit Desai was appointed as Nominee Director on 10 Feb 2025.
Frequently asked questions
Manazed Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 March 2021 (5+ years old) and is registered under CIN U72900KA2021PTC145202.
Manazed Technologies has 3 current directors:
- Nitin Singh Bhadauria - Director
- Vatsal Rastogi - Director
- Rishit Desai - Nominee Director
The latest financial statements of Manazed Technologies 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 FY 2021 are in the company report.
The GSTIN of Manazed Technologies is 29AAOCM4002H1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Manazed Technologies is U72900KA2021PTC145202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manazed Technologies was incorporated on 11 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Manazed Technologies has 5 deals on record (5 funding rounds), with disclosed funding of ₹440.83 Cr; the latest was in February 2025.
The peers of Manazed Technologies by revenue are Adroit Technologies Innovative Solutions Private Limited, Ausreo Technical Services India Private Limited, Ussr Telecom Private Limited, Optimal Telemedia Private Limited, Tactical Cyberange Simulations Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Rishit Desai was appointed as Nominee Director on 10 Feb 2025. Nitin Singh Bhadauria was appointed as Director on 11 Mar 2021. Vatsal Rastogi was appointed as Director on 11 Mar 2021.
Manazed Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 14 Nov 2023.
Manazed Technologies can be reached through the website lucidity.cloud. Its registered office is in Bangalore, Karnataka, India.
The registered office of Manazed Technologies is at 301302 3rd Floor Saket Callipolis, Sarjapur Main Road Doddakannel, Bangalore, Karnataka, India – 560035.
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