About Mara Innovation Labs Private Limited
Data last updated: 25 February 2026
Mara Innovation Labs Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Mara Labs Holdings Limited. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 08 May 2015, the company has been in operation for over 11 years.
Registered with ROC Bangalore under CIN U93000KA2015FTC080212.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hetal Bhupendrabhai Shah and Jay Kiritbhai Upadhyay.
Last AGM: 29 September 2017. Financial statements filed for year ended 31 March 2017. Office: Aratt Felicita Appartment Flat No. 613 Wing No.6 Mylsandra Road Begur, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.24 Lakh, a decline of 99% compared to the previous year.
It operates as a subsidiary of Mara Labs Holdings Limited.
The company is associated with 1 brand - Marathon Digital Holdings.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mara.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressAratt Felicita Appartment Flat No. 613 Wing No.6 Mylsandra Road Begur, Bangalore, Karnataka, India – 560068
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mara Innovation Labs Private Limited
Mara Innovation Labs Private Limited operates one associated brand: Marathon Digital Holdings. These brands represent Mara Innovation Labs Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Data centers for digital assets and energy solutions are operated. | mara.com |
Competitors & Alternatives of Mara Innovation Labs Private Limited
Brands and companies operating in the same space as Mara Innovation Labs Private Limited include BITMAIN, Helium, Argo Blockchain and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
BITMAIN
|
Hardware solutions for cryptocurrency mining are developed. | Beijing, China, China | 2013 |
Helium
|
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways. | San Francisco, United States, United States | 2006 |
Argo Blockchain
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Sustainable Bitcoin mining and blockchain development solutions are provided. | London, United Kingdom, United Kingdom | 2017 |
Bitfury
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Cryptocurrency mining solutions are provided through AI and blockchain platforms. | Amsterdam, Netherlands, Netherlands | 2011 |
Wicrypt
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Wireless hotspot cryptocurrency mining | Enugu, Nigeria, Nigeria | 2018 |
Spacemesh
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Hardware mining solutions for cryptocurrency using commodity storage are offered. | Herzliya, Israel, Israel | 2017 |
Spondoolies Tech
|
Bitcoin mining hardware and cloud contracts are provided for users. | Tel Aviv, Israel, Israel | 2013 |
HIVE Blockchain Technologies
|
GPU-based cryptocurrency mining facilities are operated continuously. | Vancouver, Canada, Canada | 1987 |
Auditor Details of Mara Innovation Labs Private Limited
Mara Innovation Labs Private Limited is audited by KATHURIA ASIJA & CO for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KATHURIA ASIJA & CO | blur-value | blur-value | blur-value |
Board of Directors of Mara Innovation Labs Private Limited
Mara Innovation Labs Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Hetal Bhupendrabhai Shah
Also directs:
Last Mile Hub Global Private Limited
|
Director | 30 Jun 2015 | 11 Years 0 Months | Current |
| Jay Kiritbhai Upadhyay | Additional Director | 22 Mar 2018 | 8 Years 3 Months | Current |
Financials of Mara Innovation Labs Private Limited FY 2017 filings available
Mara Innovation Labs Private Limited reported revenue of ₹3.24 Lakh (down 99% YoY) for FY 2017. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Mara Innovation Labs Private Limited
As of FY 2017, Mara Innovation Labs Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Mara Innovation Labs Private Limited
Mara Innovation Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mara Innovation Labs Private Limited
View historical data on people associated with Mara Innovation Labs Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Mara Innovation Labs Private Limited
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GST Compliance of Mara Innovation Labs Private Limited
GSTIN & GST Filing Data of Mara Innovation Labs Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mara Innovation Labs Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mara Innovation Labs Private Limited
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MSME Payment Delays by Mara Innovation Labs Private Limited
MSME Payment Delays by Mara Innovation Labs Private Limited
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Subsidiaries & Group Companies of Mara Innovation Labs Private Limited
Subsidiaries & Group Companies of Mara Innovation Labs Private Limited
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MCA Filings & Documents of Mara Innovation Labs Private Limited
MCA Filings & Documents of Mara Innovation Labs Private Limited
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Recent Activity on Mara Innovation Labs Private Limited
Frequently Asked Questions about Mara Innovation Labs Private Limited
Mara Innovation Labs Private Limited is an active foreign private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 08 May 2015 (11+ years old) and is registered under CIN U93000KA2015FTC080212.
Mara Innovation Labs Private Limited reported revenue of ₹3.24 Lakh for FY 2017 (down 99.00% YoY).
The current directors of Mara Innovation Labs Private Limited are:
The primary industry of Mara Innovation Labs Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Mara Innovation Labs Private Limited can be reached at the registered office: Aratt Felicita Appartment Flat No. 613 Wing No.6 Mylsandra Road Begur, Bangalore, Karnataka, India – 560068, or through the website mara.com.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.