
About Merative Technologies India Private Limited
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Merative Technologies India Private Limited is a foreign 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 16 April 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023FTC172337. Its GSTIN is 29AAQCM7474H1ZO (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹55.99 Cr. It is led by directors including Brian Bernard Bonner Jr and Gerald Michael Mc Carthy Jr.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 52 Mfar Manyata Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹145.05 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹19.9 Cr (net margin -13.7%) and EBITDA of -₹5.94 Cr (EBITDA margin -4.1%).
The company is associated with 1 brand: Merative.
For more details, the company can be reached via its website merative.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address3rd Floor # 52 Mfar Manyata Tech Park, Nagavara, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Merative Technologies India Private Limited
The main business activity of Merative Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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.
Financials of Merative Technologies India Private Limited FY 2025 filings available
Merative Technologies India Private Limited reported revenue of ₹145.05 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Merative Technologies India Private Limited
Revenue rose 47% in the latest year. EBITDA rose 22% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Merative Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹5.94 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹19.9 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Merative Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.1% | •••• |
| Net Profit Margin | -13.7% | •••• |
| 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 Merative Technologies India are in the company report.
Financial statements from FY 2024
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.
Peer Comparison of Merative Technologies India Private Limited
Merative Technologies India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| U.P.Electronics Corporation Limited | ₹146.08 Cr (FY 2021) | •••• | •••• | -25.0% | •••• | Uttar Pradesh, India |
| Hurix Systems Private Limited | ₹145.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| NTS Technology Services Private Limited | ₹145.54 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Panasonic Avionics India Private Limited | ₹145.35 Cr (FY 2025) | •••• | •••• | 1872.0% | •••• | Pune, Maharashtra, India |
| Brevo CRM Solutions Private Limited | ₹145.26 Cr (FY 2025) | •••• | •••• | 321.0% | •••• | Noida, Uttar Pradesh, India |
| Merative Technologies India Private Limited this company | ₹145.05 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Sybase Software (India) Private Limited | ₹144.95 Cr (FY 2020) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| MSG Global Solutions India Private Limited | ₹144.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Edifecs Technologies Private Limited | ₹144.65 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Mohali, Punjab, India |
| Emerson Process Management Power and Water Solutions India Private Limited | ₹144.49 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Innoviti Technologies Private Limited | ₹144.45 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Merative Technologies India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Merative Technologies India Private Limited
Merative Technologies India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brian Bernard Bonner Jr Also directs: Grow Green Dream Private Limited | Director | 23 Nov 2023 | 2 Years 10 Months | Current |
| Gerald Michael Mc Carthy Jr | Director | 23 Nov 2023 | 2 Years 10 Months | Current |
| Dipu Gopinath Also directs: Grow Green Dream Private Limited | Director | 21 Jun 2024 | 2 Years 3 Months | Current |
Charges & Borrowings of Merative Technologies India Private Limited
Merative Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Merative Technologies India Private Limited
Merative Technologies India operates one associated brand: Merative. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of healthcare data and analytics platform for the health industry | merative.com |
Employees and EPFO Compliance at Merative Technologies India Private Limited
Employment history and EPFO contributions of people linked to Merative Technologies India.
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.
Recent Activity on Merative Technologies India Private Limited
Merative Technologies India Private Limited has 11 board changes on record since 2023: 6 appointments and 5 cessations. The latest: Veena Kannan was appointed as Company Secretary on 14 Oct 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Merative Technologies India 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 Merative Technologies India 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 Merative Technologies India 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.
GST Compliance of Merative Technologies India Private Limited
Merative Technologies India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCM7474H1ZO | Karnataka | Active | 02 May 2023 |
| 36AAQCM7474H1ZT | Telangana | Active | 16 Apr 2023 |
| 33AAQCM7474H1ZZ | Tamil Nadu | Active | 18 Jul 2023 |
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.
MCA Filings & Documents of Merative Technologies India 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.
Frequently Asked Questions about Merative Technologies India Private Limited
Merative Technologies India is an active foreign 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 16 April 2023 (3+ years old) and is registered under CIN U62099KA2023FTC172337.
Merative Technologies India reported revenue of ₹145.05 Cr for FY 2025 (up 47% YoY).
Merative Technologies India has 3 current directors:
- Brian Bernard Bonner Jr - Director
- Gerald Michael Mc Carthy Jr - Director
- Dipu Gopinath - Director
Merative Technologies India reported a net loss of ₹19.9 Cr (net margin -13.7%) and EBITDA of -₹5.94 Cr (EBITDA margin -4.1%) for FY 2025, as per its filed financial statements.
The GSTIN of Merative Technologies India is 29AAQCM7474H1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAQCM7474H1ZT (Telangana), 33AAQCM7474H1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Merative Technologies India is U62099KA2023FTC172337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merative Technologies India was incorporated on 16 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Merative Technologies India by revenue are U.P.Electronics Corporation Limited, Hurix Systems Private Limited, NTS Technology Services Private Limited, Panasonic Avionics India Private Limited, Brevo CRM Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Veena Kannan was appointed as Company Secretary on 14 Oct 2024. Brian Bernard Bonner Jr ceased to be Additional Director on 12 Sep 2024. Dipu Gopinath ceased to be Additional Director on 12 Sep 2024. Merative Technologies India has 11 board changes on record in total.
Merative Technologies India can be reached through the website merative.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Merative Technologies India is at 3rd Floor # 52 Mfar Manyata Tech Park, Nagavara, Bangalore, Karnataka, India – 560045.