About Maven Wave Partners (India) Private Limited
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Maven Wave Partners (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Triton Information Partners Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2007FTC461219. Its GSTIN is 04AACCT7108B1ZW (Chandigarh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Triton-Tek Business Solutions Private Limited. It is led by directors Radhakrishnan Sreeram and Neeluthodi Cheerakuzhi Ajith.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹54.66 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹4.51 Cr (net margin 8.3%) and EBITDA of ₹6.7 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 37% over five years.
The company has about 243 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maven Wave. Court records list 5 cases involving the company, including 5 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.5 Lakh; the latest was in January 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mavenwave.com.
Company details
CIN history
Maven Wave Partners (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200MH2007FTC461219, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2007FTC461219 | Current |
| U72200PB2007FTC031250 | Previous |
| U72200CH2007FTC044098 | Previous |
Contact details
Maven Wave Partners (India) Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressUnit No. 1401 14th Floor Of The Building Known As Supremus – E Wing, I Think Techno Campus Kanjurmarg (E), Mumbai, Maharashtra, India – 400042
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Maven Wave Partners (India) operates one associated brand: Maven Wave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions and AI development services are provided. | mavenwave.com |
Financials of Maven Wave Partners (India) Private Limited
FY 2024 filings availableMaven Wave Partners (India) Private Limited reported revenue of ₹54.66 Cr (up 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 24% growth in the latest year. EBITDA rose 17% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.66 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹6.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.51 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 8.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maven Wave Partners (India) Private Limited, buy the company report.
Board of directors of Maven Wave Partners (India) Private Limited
Maven Wave Partners (India) has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhakrishnan Sreeram Also directs: Syntel International Private Limited, Syntel Software Private Limited, Anthelio Business Technologies Private Limited and 5 more | Director | 29 Aug 2024 | 2 Years 2 Months | Current |
| Neeluthodi Cheerakuzhi Ajith Also directs: Syntel International Private Limited, Syntel Software Private Limited, Anthelio Business Technologies Private Limited and 5 more | Director | 21 May 2025 | 1 Years 5 Months | Current |
Deals & funding
Maven Wave Partners (India) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.5 Lakh; the latest was in January 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹25.5 Lakh | Investors: Triton Information Partners LLC |
| Jan 2015 | Secondary share transfer | Undisclosed | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maven Wave Partners (India) Private Limited has 5 court cases on record: 5 filed by Maven Wave Partners (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mohali, Punjab | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Maven Wave Partners (India) Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maven Wave Partners (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maven Wave Partners (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCT7108B1ZW | Chandigarh | Active | 01 Jul 2017 |
| 06AACCT7108B1ZS | Haryana | Active | 30 Jan 2018 |
| 06AACCT7108B2ZR | Haryana | Active | 01 Apr 2025 |
To see the full GST registrations and return filing status of Maven Wave Partners (India) Private Limited, buy the company report.
Recent activity
Maven Wave Partners (India) Private Limited has 15 board changes on record since 2012: 2 appointments and 13 cessations. The latest: Neeluthodi Cheerakuzhi Ajith ceased to be Additional Director on 29 Sep 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Maven Wave Partners (India) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 July 2007 (19+ years old) and is registered under CIN U72200MH2007FTC461219.
Maven Wave Partners (India) has 2 current directors:
- Radhakrishnan Sreeram - Director
- Neeluthodi Cheerakuzhi Ajith - Director
The latest financial statements of Maven Wave Partners (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maven Wave Partners (India) is 04AACCT7108B1ZW, registered in Chandigarh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AACCT7108B1ZS (Haryana), 06AACCT7108B2ZR (Haryana).
The CIN (Corporate Identification Number) of Maven Wave Partners (India) is U72200MH2007FTC461219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maven Wave Partners (India) has 5 court cases on record: 5 filed by the company.
Maven Wave Partners (India) was incorporated on 05 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Maven Wave Partners (India) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹25.5 Lakh; the latest was in January 2015.
Neeluthodi Cheerakuzhi Ajith ceased to be Additional Director on 29 Sep 2025. Neeluthodi Cheerakuzhi Ajith was appointed as Director on 21 May 2025. Radhakrishnan Sreeram was appointed as Director on 29 Aug 2024. Maven Wave Partners (India) has 15 board changes on record in total.
Maven Wave Partners (India) can be reached through the website mavenwave.com. Its registered office is in Mumbai, Maharashtra, India.
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