About Mfiflex Technologies Private Limited
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Mfiflex Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Q2 Software Inc. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 03 February 2012, the company has been in operation for over 14 years.
Registered with ROC Bangalore under CIN U72200KA2012PTC062376.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhaskara Hemanth and Nagajyothi Sathyanarayana.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹339.28 Cr, a growth of 72% compared to the previous year.
The company has a workforce of approximately 444 employees as per the latest available data. It operates as a subsidiary of Q2 Software Inc.
The company is associated with 2 brands - Mfiflex, Q2.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mfiflextech.com.
- EmailLocked
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- Website
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- Registered AddressPrimeco Unioncity Block B 3Rd Floor Plot No18 19A 19B Syno76&87 Sadarmangala Indl Area Whi, Tefield Rd, Bangalore, Karnataka, India – 560067
- 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 Mfiflex Technologies
Mfiflex Technologies operates two associated brands: Mfiflex and Q2. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive software development and cloud services. | mfiflextech.com | |
| Cloud-based banking software suite is provided for financial institutions. | q2.com |
Competitors & Alternatives of Mfiflex Technologies
Brands and companies operating in the same space as Mfiflex Technologies Private Limited include Happiest Minds, Comviva, Mavenir and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
 Comviva | Software platforms for telecommunications, digital payments, and experiences are provided. | Gurugram, India, India | 1999 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
 Mambu | API-enabled open banking platform is provided for financial institutions. | Amsterdam, Netherlands, Netherlands | 2011 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
 Blend | Digital solutions for mortgage and consumer lending are provided. | San Francisco, United States, United States | 2012 |
 Synctera | Software suite is developed for banks and financial institutions. | San Francisco, United States, United States | 2019 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Business Activity of Mfiflex Technologies
The main business activity of Mfiflex Technologies 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 for Mfiflex Technologies Private Limited
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.
Auditor Details of Mfiflex Technologies
Mfiflex Technologies Private Limited is audited by MSKA&Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA&Associates | Locked | Locked | Locked |
Complete auditor history for Mfiflex Technologies Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mfiflex Technologies Private Limited
Mfiflex Technologies has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskara Hemanth | Director | 14 Sep 2020 | 6 Years 0 Months | Current |
| Nagajyothi Sathyanarayana | Director | 14 Sep 2020 | 6 Years 0 Months | Current |
| Matthew Paul Flake | Director | 10 Aug 2022 | 4 Years 1 Months | Current |
| David John Mehok | Director | 10 Aug 2022 | 4 Years 1 Months | Current |
| Jonathan Adam Price | Director | 21 Aug 2025 | 1 Years 1 Months | Current |
Financials of Mfiflex Technologies Private Limited FY 2025 filings available
Mfiflex Technologies Private Limited reported revenue of ₹339.28 Cr (up 72.00% YoY) for FY 2025.
Ten-year financial statements for Mfiflex Technologies Private Limited
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.
Ownership and Shareholding of Mfiflex Technologies
Shareholding and ownership data for Mfiflex Technologies Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mfiflex Technologies
Mfiflex Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mfiflex Technologies
Mfiflex Technologies Private Limited has a workforce of 444 employees as of Mar 31, 2024.
Employee and EPFO history for Mfiflex Technologies Private Limited
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.
GST Compliance of Mfiflex Technologies
GST registrations and filing compliance for Mfiflex Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Mfiflex Technologies
Credit ratings, litigation, and regulatory alerts for Mfiflex Technologies Private Limited
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 Mfiflex Technologies
MSME payment history for Mfiflex Technologies Private Limited
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 Mfiflex Technologies
Corporate group structure for Mfiflex Technologies Private Limited
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.
MCA Filings & Documents of Mfiflex Technologies
MCA filings and documents for Mfiflex Technologies Private Limited
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.
Recent Activity on Mfiflex Technologies
Frequently Asked Questions about Mfiflex Technologies Private Limited
Mfiflex Technologies is an active private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 03 February 2012 (14+ years old) and is registered under CIN U72200KA2012PTC062376. The company has 444 employees.
Mfiflex Technologies reported revenue of ₹339.28 Cr for FY 2025 (up 72.00% YoY).
The current directors of Mfiflex Technologies are:
- Bhaskara Hemanth - Director
- Nagajyothi Sathyanarayana - Director
- Matthew Paul Flake - Director
- David John Mehok - Director
- Jonathan Adam Price - Director
The primary industry of Mfiflex Technologies is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Mfiflex Technologies can be reached at the registered office: Primeco Unioncity Block B 3Rd Floor Plot No18 19A 19B Syno76&87 Sadarmangala Indl Area Whi, Tefield Rd, Bangalore, Karnataka, India – 560067, or through the website mfiflextech.com.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.