About Milvik Technology Services India Private Limited
Data last updated: 07 February 2026
Milvik Technology Services India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Milvik Ab. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 24 March 2016, the company has been in operation for over 10 years.
Registered with ROC Bangalore under CIN U72200KA2016FTC087248.
Capital: an authorised share capital of ₹6.6 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors Per Gustaf Arne Agartson and Balaji Jayavelu.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Wework 43 Residency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.11 Cr, a decline of 35% compared to the previous year.
The company has a workforce of approximately 48 employees as per the latest available data. It operates as a subsidiary of Milvik Ab.
The company is associated with 1 brand - Bima Milvik.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milvik.in.
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Registered AddressWework 43 Residency Road, Bangalore, Karnataka, India – 560025
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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 Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited operates one associated brand: Bima Milvik. These brands represent Milvik Technology Services India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Mobile-based insurance and health services are delivered through a platform. | bimamobile.com |
Competitors & Alternatives of Milvik Technology Services India Private Limited
Brands and companies operating in the same space as Milvik Technology Services India Private Limited include SNACK by Income, Mmilvikpakistan.com, Star Discover Micro and 1 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
SNACK by Income
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Micro-insurance quotes and claims are provided via app to individuals. | Singapore, Singapore, Singapore | 2019 |
Mmilvikpakistan.com
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Life and health insurances are offered through an online platform. | San Francisco, United States, United States | 2015 |
Star Discover Micro
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Provider of micro insurance policies covering life, medical, accident, and work injuries | Nairobi, Kenya, Kenya | 2021 |
DDFinance
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Offers IPaaS and API integration for digital microinsurance services to institutions worldwide. | Nairobi, Kenya, Kenya | 2015 |
Business Activity of Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Milvik Technology Services India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited is audited by VASAN & SAMPATH LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASAN & SAMPATH LLP | Locked | Locked | Locked |
Complete auditor history for Milvik Technology Services India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited is currently managed by 2 directors, with 7 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 |
|---|---|---|---|---|
| Per Gustaf Arne Agartson | Director | 17 Jan 2020 | 6 Years 6 Months | Current |
| Balaji Jayavelu | Director | 27 Mar 2020 | 6 Years 4 Months | Current |
Financials of Milvik Technology Services India Private Limited FY 2025 filings available
Milvik Technology Services India Private Limited reported revenue of ₹8.11 Cr (down 35.00% YoY) for FY 2025.
Ten-year financial statements for Milvik Technology Services India Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Milvik Technology Services India Private Limited
Shareholding and ownership data for Milvik Technology Services India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Charges & Borrowings Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited has a workforce of 48 employees as of Apr 05, 2024.
Employee and EPFO history for Milvik Technology Services India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Milvik Technology Services India Private Limited
GST registrations and filing compliance for Milvik Technology Services India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Milvik Technology Services India Private Limited
Credit ratings, litigation, and regulatory alerts for Milvik Technology Services India Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
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MSME Payment Delays by Milvik Technology Services India Private Limited
MSME payment history for Milvik Technology Services India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Milvik Technology Services India Private Limited
Corporate group structure for Milvik Technology Services India Private Limited
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- Parent company
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MCA Filings & Documents of Milvik Technology Services India Private Limited
MCA filings and documents for Milvik Technology Services India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Milvik Technology Services India Private Limited
Frequently Asked Questions about Milvik Technology Services India Private Limited
Milvik Technology Services India Private Limited is an active foreign private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 24 March 2016 (10+ years old) and is registered under CIN U72200KA2016FTC087248. The company has 48 employees.
Milvik Technology Services India Private Limited reported revenue of ₹8.11 Cr for FY 2025 (down 35.00% YoY).
The current directors of Milvik Technology Services India Private Limited are:
- Per Gustaf Arne Agartson - Director
- Balaji Jayavelu - Director
The primary industry of Milvik Technology Services India Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Milvik Technology Services India Private Limited can be reached at the registered office: Wework 43 Residency Road, Bangalore, Karnataka, India – 560025, or through the website milvik.in.
The authorised capital is ₹6.6 Cr, and the paid-up capital is ₹3.3 Cr.