DPIIT recognised startup Government of India
Startup India
Mevir Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.21 Lakh
▼ 42% YoY
Net loss · FY 2025
₹81.25 Lakh
Net margin -322.3%
EBITDA · FY 2025
-₹56.73 Lakh
EBITDA margin -225%
Authorised capital
₹2.51 Cr
Registered with MCA
Paid-up capital
₹1.65 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Mevir Solutions Private Limited
Data last updated:
Mevir Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC111759. Its GSTIN is 29AALCM7315G1Z7 (Karnataka).
The company has an authorised share capital of ₹2.51 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors including Pavan Kumar Gathala and Dhanalakshmi Aryasomayajula.
Its last annual general meeting (AGM) was held on 30 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 ₹25.21 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹81.25 Lakh (net margin -322.3%) and EBITDA of -₹56.73 Lakh (EBITDA margin -225%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 19% over five years.
The company is associated with 2 brands: Aspiregrad and UniAway.
Mevir Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0093933). For more details, the company can be reached via its website uniaway.com.
Company Details of Mevir Solutions Private Limited
CIN U72900KA2018PTC111759
Registration Number 111759
Incorporation Date 28 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0093933
Recognitions & Rankings of Mevir Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0093933
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2203 Bhiki Kunj 23rd Cross 5th Main Banashankari 2nd S, Tage, Bangalore, Karnataka, India – 560070
- IndustryBusiness Outsourcing, Business & IT Consulting
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Associated Brands with Mevir Solutions Private Limited
Mevir Solutions operates two associated brands: Aspiregrad and UniAway. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides university recommendations and application assistance for studying abroad. | aspiregrad.com | |
| Study abroad consulting services including university selection, application support, and visa assistance. | uniaway.com |
Business Activity of Mevir Solutions Private Limited
The main business activity of Mevir Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Mevir Solutions Private Limited FY 2025 filings available
Mevir Solutions Private Limited reported revenue of ₹25.21 Lakh (down 42% YoY) for FY 2025.
Revenue · FY 2025
₹25.21 Lakh ▼ 42%
Net loss · FY 2025
₹81.25 Lakh margin -322.3%
EBITDA · FY 2025
-₹56.73 Lakh margin -225%
Compounded Annual Growth Rate (CAGR) of Mevir Solutions Private Limited
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▼ 40%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 41%
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 30% 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 Mevir Solutions 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹56.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹81.25 Lakh | •••• | •••• | •••• | •••• |
| 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 Mevir Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -225% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -322.3% | •••• | •••• | •••• | •••• |
| 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 Mevir Solutions are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Mevir Solutions Private Limited
Mevir Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavan Kumar Gathala Also directs: Digiaspire LLP | Director | 26 Nov 2020 | 5 Years 10 Months | Current |
| Dhanalakshmi Aryasomayajula | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Pappu Mahesh Also directs: Digiaspire LLP | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
Peer Comparison of Mevir Solutions Private Limited
Mevir Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seaveda Biotech Private Limited | ₹25.32 Lakh (FY 2025) | •••• | •••• | 244.0% | •••• | Gandhinagar, Gujarat, India |
| Globez Global Teleshopping Private Limited | ₹25.31 Lakh (FY 2018) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| NHP Techno Service Private Limited | ₹25.31 Lakh (FY 2019) | •••• | •••• | -76.0% | •••• | New Delhi, Delhi, India |
| Camron Engineering & Automation Private Limited | ₹25.27 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Pune, Maharashtra, India |
| Best HR Solutions India Private Limited | ₹25.25 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Mevir Solutions Private Limited this company | ₹25.21 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Famo Interiors Private Limited | ₹25.19 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Noida, Uttar Pradesh, India |
| South India Saiva Siddhanta Works Publishing Society Tinnevelly Limited | ₹25.17 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Artel Solutions Private Limited | ₹25.14 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Bizcraft Financial Consultants Private Limited | ₹25.14 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Bengaluru, Karnataka, India |
| Lexy Printinnovate Private Limited | ₹25.1 Lakh (FY 2020) | •••• | •••• | •••• | Madurai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mevir Solutions by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mevir Solutions Private Limited
Mevir Solutions Private Limited is audited by J K Chopra & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J K Chopra & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mevir Solutions Private Limited
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Charges & Borrowings of Mevir Solutions Private Limited
Mevir Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mevir Solutions Private Limited
Employment history and EPFO contributions of people linked to Mevir Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mevir Solutions Private Limited
Mevir Solutions Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Pavan Kumar Gathala ceased to be Additional Director on 30 Sep 2021.
AGM
Mevir Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mevir Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Pavan Kumar Gathala ceased to be Additional Director.
Appointed
Pavan Kumar Gathala was appointed as Director.
Ceased
Dhanalakshmi Aryasomayajula ceased to be Additional Director.
Appointed
Dhanalakshmi Aryasomayajula was appointed as Director.
Ceased
Madhu Pandilla ceased to be Director.
Ceased
Pappu Mahesh ceased to be Additional Director.
Appointed
Pappu Mahesh was appointed as Director.
Incorporation
28 Mar 2018
Mevir Solutions Private Limited was registered on 28 Mar 2018 with Roc Bangalore & aged 8 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Mevir Solutions Private Limited
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MSME Payment Delays by Mevir Solutions Private Limited
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Subsidiaries & Group Companies of Mevir Solutions Private Limited
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GST Compliance of Mevir Solutions Private Limited
Mevir Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM7315G1Z7 | Karnataka | Active | 31 May 2018 |
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MCA Filings & Documents of Mevir Solutions Private Limited
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Frequently Asked Questions about Mevir Solutions Private Limited
Mevir Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 March 2018 (8+ years old) and is registered under CIN U72900KA2018PTC111759.
Mevir Solutions reported revenue of ₹25.21 Lakh for FY 2025 (down 42% YoY).
Mevir Solutions has 3 current directors:
- Pavan Kumar Gathala - Director
- Dhanalakshmi Aryasomayajula - Director
- Pappu Mahesh - Director
Mevir Solutions reported a net loss of ₹81.25 Lakh (net margin -322.3%) and EBITDA of -₹56.73 Lakh (EBITDA margin -225%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mevir Solutions is -40% over three years and 19% over five years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mevir Solutions is 29AALCM7315G1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Mevir Solutions is U72900KA2018PTC111759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mevir Solutions was incorporated on 28 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mevir Solutions by revenue are Seaveda Biotech Private Limited, Globez Global Teleshopping Private Limited, NHP Techno Service Private Limited, Camron Engineering & Automation Private Limited, Best HR Solutions India Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Pavan Kumar Gathala ceased to be Additional Director on 30 Sep 2021. Pavan Kumar Gathala was appointed as Director on 26 Nov 2020. Dhanalakshmi Aryasomayajula ceased to be Additional Director on 30 Sep 2020. Mevir Solutions has 7 board changes on record in total.
Yes, Mevir Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).