Mindweave Transformers Private Limited
About Mindweave Transformers Private Limited
Data last updated:
Mindweave Transformers Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 18 May 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2023PTC173821.
The company has an authorised share capital of ₹11.01 Lakh and a paid-up capital of ₹3.38 Lakh. It is led by directors Priyesh Srivastava and Anuj Srivastava.
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 South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹74.75 Lakh (net margin -80.8%) and EBITDA of -₹1.39 Cr (EBITDA margin -150%).
The company is associated with 1 brand: OnFinance AI. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.19 Cr; the latest was in September 2025. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Arihant Classic Finance Limited with revenue of ₹93.37 Lakh.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address#677 1st Flr 27th Main, 13th Crosshsr L/O 1 Sector, Bangalore South, Karnataka, India – 560102
- IndustryInternet, Online Financial 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 Mindweave Transformers Private Limited
The main business activity of Mindweave Transformers 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 |
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 Mindweave Transformers Private Limited FY 2025 filings available
Mindweave Transformers Private Limited reported revenue of ₹92.56 Lakh (up 16229% YoY) for FY 2025.
Financial Statement Summary of Mindweave Transformers 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 | -₹1.39 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹74.75 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 Mindweave Transformers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -150% | •••• |
| Net Profit Margin | -80.8% | •••• |
| 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 Mindweave Transformers 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 Mindweave Transformers Private Limited
Mindweave Transformers Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arihant Classic Finance Limited | ₹93.37 Lakh (FY 2020) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Dimensional Finance Pvt Ltd | ₹93.13 Lakh (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore South, Karnataka, India |
| Simandhar Finance Limited | ₹93.02 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Equirus Finance Private Limited | ₹93 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Noble Wealth Technologies Private Limited | ₹92.74 Lakh (FY 2025) | •••• | •••• | 227.0% | •••• | Bangalore, Karnataka, India |
| Mindweave Transformers Private Limited this company | ₹92.56 Lakh (FY 2025) | •••• | •••• | 16229.0% | •••• | Bangalore South, Karnataka, India |
| Signature Finance Private Limited | ₹92.34 Lakh (FY 2016) | •••• | •••• | -3.0% | •••• | Gurgaon, Haryana, India |
| Stable Finserv Private Limited | ₹92.31 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore South, Karnataka, India | |
| Shreem Marketing & Services Private Limited | ₹92.28 Lakh (FY 2024) | •••• | •••• | -35.0% | •••• | New Delhi, Delhi, India |
| Securis Finance Private Limited | ₹92.25 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | New Delhi, Delhi, India |
| Hasmukh Lalbhai Share Brokers Private Limited | ₹92.13 Lakh (FY 2025) | •••• | •••• | 210.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mindweave Transformers by revenue in the Ecommerce and Internet industry (Finance), 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 Mindweave Transformers Private Limited
Mindweave Transformers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyesh Srivastava | Director | 18 May 2023 | 3 Years 4 Months | Current |
| Anuj Srivastava | Director | 18 May 2023 | 3 Years 4 Months | Current |
Charges & Borrowings of Mindweave Transformers Private Limited
Mindweave Transformers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mindweave Transformers Private Limited
Mindweave Transformers Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.19 Cr; the latest was in September 2025.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Pre-Series A | ₹37.04 Cr | Investors: Mars Shot Ventures, Climber Capital, Surge |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Panscience Innovations LLP |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Mindweave Transformers Private Limited
Mindweave Transformers operates one associated brand: OnFinance AI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI based compliance management solutions for financial services | onfinance.ai |
Employees and EPFO Compliance at Mindweave Transformers Private Limited
Employment history and EPFO contributions of people linked to Mindweave Transformers.
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 Mindweave Transformers Private Limited
Mindweave Transformers Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Anuj Srivastava was appointed as Director on 18 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Mindweave Transformers 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 Mindweave Transformers 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 Mindweave Transformers 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 Mindweave Transformers Private Limited
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 Mindweave Transformers 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 Mindweave Transformers Private Limited
Mindweave Transformers is an active private limited company based in Bangalore South, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 18 May 2023 (3+ years old) and is registered under CIN U62099KA2023PTC173821.
Mindweave Transformers reported revenue of ₹92.56 Lakh for FY 2025 (up 16229% YoY).
Mindweave Transformers has 2 current directors:
- Priyesh Srivastava - Director
- Anuj Srivastava - Director
Mindweave Transformers reported a net loss of ₹74.75 Lakh (net margin -80.8%) and EBITDA of -₹1.39 Cr (EBITDA margin -150%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Mindweave Transformers is U62099KA2023PTC173821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindweave Transformers was incorporated on 18 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Mindweave Transformers has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.19 Cr; the latest was in September 2025.
The peers of Mindweave Transformers by revenue are Arihant Classic Finance Limited, Dimensional Finance Pvt Ltd, Simandhar Finance Limited, Equirus Finance Private Limited, Noble Wealth Technologies Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Anuj Srivastava was appointed as Director on 18 May 2023. Priyesh Srivastava was appointed as Director on 18 May 2023.
The registered office of Mindweave Transformers is at #677 1st Flr 27th Main, 13th Crosshsr LO 1 Sector, Bangalore South, Karnataka, India – 560102.
Mindweave Transformers has an authorised share capital of ₹11.01 Lakh and a paid-up capital of ₹3.38 Lakh.