Mode Finserver Private Limited

Mode Finserver Private Limited - internet in Bengaluru, Karnataka, India. FY 2026 financials and compliance.
CIN U65100KA2011PTC057936 Incorporated 31 March 2011 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2024
₹39.49 Cr
▲ 41.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹31.5 Lakh
Issued & subscribed
Open charges
₹21.75 Cr
Satisfied ₹16.1 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
137
Latest available

About Mode Finserver Private Limited

Data last updated: 05 January 2026

Mode Finserver Private Limited is a private limited company based in Bengaluru, Karnataka, India. It specialises in online financial services, a part of the broader internet and digital services sector. Incorporated on 31 March 2011, the company has been in operation for over 15 years.

Registered with ROC Bangalore under CIN U65100KA2011PTC057936.

Capital: an authorised share capital of ₹4 Cr and a paid-up capital of ₹31.5 Lakh. It is led by directors including Deepthi Gundala and Amarnath Panguluru Chowdary.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 228 Aikya 7Th Main Rajiv Gandhi Nagar Nandini Layout, Bengaluru, Karnataka, India – 560096.

As per the financials filed for FY 2024, the company reported a revenue of ₹39.49 Cr, a growth of 41% compared to the previous year.

The company has a workforce of approximately 137 employees as per the latest available data.

The company is associated with 2 brands - Modefin, Mopay. As per MCA filings, the company has open charges of ₹21.75 Cr and satisfied charges of ₹16.1 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modefin.com.

Company Details of Mode Finserver Private Limited
CIN U65100KA2011PTC057936
Registration Number 057936
Incorporation Date 31 March 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    228 Aikya 7Th Main Rajiv Gandhi Nagar Nandini Layout, Bengaluru, Karnataka, India – 560096
  • Industry
    Internet, Online Financial Services
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Financials, compliance, directors, charges, ownership and filings for Mode Finserver Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Mode Finserver Private Limited

Mode Finserver Private Limited has one previous CIN (Corporate Identification Number): U74900KA2011PTC057936. The current CIN is U65100KA2011PTC057936, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U65100KA2011PTC057936 Current
U74900KA2011PTC057936 Previous

Associated Brands with Mode Finserver Private Limited

Mode Finserver Private Limited operates two associated brands: Modefin and Mopay. These brands represent Mode Finserver Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Banking software solutions are provided by Modefin to financial sectors. modefin.com
Wallet-enabled money transfers and bill payments are facilitated. mopay.io

Competitors & Alternatives of Mode Finserver Private Limited

Brands and companies operating in the same space as Mode Finserver Private Limited include Paytm, PhonePe, MobiKwik and 7 more.

Competitor Description Location Founded
Paytm Paytm Digital payments, financial services, and e-commerce platforms are provided. Noida, India, India 2000
PhonePe PhonePe Payment, financial, investment, and lending services are provided digitally. Bengaluru, India, India 2012
MobiKwik MobiKwik Operator of platform for online mobile, DTH recharge, and bill payments Gurugram, India, India 2009
Comviva Comviva Software platforms for telecommunications, digital payments, and experiences are provided. Gurugram, India, India 1999
MoneyGram MoneyGram Cross-border payments are enabled via wallet solutions for consumers. Dallas, United States, United States 1940
Mambu Mambu API-enabled open banking platform is provided for financial institutions. Amsterdam, Netherlands, Netherlands 2011
YouTrip YouTrip NFC-enabled travel cards and wallets are provided for travelers. Singapore, Singapore, Singapore 2018
Blend Blend Digital solutions for mortgage and consumer lending are provided. San Francisco, United States, United States 2012
Synctera Synctera Software suite is developed for banks and financial institutions. San Francisco, United States, United States 2019
FreeCharge FreeCharge Digital wallet services for bill payments and recharges are facilitated. Gurugram, India, India 2010

Auditor Details of Mode Finserver Private Limited

Mode Finserver Private Limited is audited by GRSM & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
GRSM & Associates Locked Locked Locked
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Complete auditor history for Mode Finserver Private Limited

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Board of Directors of Mode Finserver Private Limited

Mode Finserver Private Limited is currently managed by 4 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Deepthi Gundala Director 13 Dec 2013 12 Years 7 Months Current
Amarnath Panguluru Chowdary Managing Director 25 Feb 2015 11 Years 5 Months Current
Amit Bhagchand Darda Director 18 Jan 2016 10 Years 6 Months Current
Harinath Chowdary Panguluru Director 31 Mar 2011 15 Years 4 Months Current

Financials of Mode Finserver Private Limited FY 2024 filings available

Mode Finserver Private Limited reported revenue of ₹39.49 Cr (up 41.00% YoY) for FY 2024.

Revenue · FY 2024
₹39.49 Cr ▲ 41.00%
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Ten-year financial statements for Mode Finserver Private Limited

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Ownership and Shareholding of Mode Finserver Private Limited

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Shareholding and ownership data for Mode Finserver Private Limited

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Charges & Borrowings of Mode Finserver Private Limited

Open charges
₹21.75 Cr
Satisfied charges
₹16.1 Cr
Breakdown by lending institutions
State Bank of India₹21.75 Cr
Latest charge details
DateLenderAmountStatus
13 Dec 2023 State Bank of India ₹7 Cr Open
27 Sep 2021 State Bank of India ₹14.75 Cr Open
27 May 2022 Axis Bank Limited ₹4.9 Cr Satisfied
04 Mar 2021 Axis Bank Limited ₹7.12 Lakh Satisfied
20 Jan 2020 Axis Bank Limited ₹68.92 Lakh Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Mode Finserver Private Limited

Mode Finserver Private Limited has a workforce of 137 employees as of Apr 03, 2024.

Employee count
137
Active EPFO establishments
1
Employee growth
5.38%
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Employee and EPFO history for Mode Finserver Private Limited

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GST Compliance of Mode Finserver Private Limited

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GST registrations and filing compliance for Mode Finserver Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mode Finserver Private Limited

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Credit ratings, litigation, and regulatory alerts for Mode Finserver Private Limited

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MSME Payment Delays by Mode Finserver Private Limited

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MSME payment history for Mode Finserver Private Limited

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Subsidiaries & Group Companies of Mode Finserver Private Limited

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Corporate group structure for Mode Finserver Private Limited

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MCA Filings & Documents of Mode Finserver Private Limited

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MCA filings and documents for Mode Finserver Private Limited

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Recent Activity on Mode Finserver Private Limited

Activity
30 Sep 2024
Mode Finserver Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Mode Finserver Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
13 Dec 2023
A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100841254 was registered on 13 Dec 2023.
Charges
22 Nov 2023
A charge registered on 27 May 2022 via Charge ID 100583302 with Axis Bank Limited was fully satisfied on 22 Nov 2023.
Charges
15 Feb 2023
A charge with State Bank Of India of Rs. 14.75 Cr registered on 27 Sep 2021 with Charge ID 100492124 was modified on 15 Feb 2023.
Charges
18 Jun 2022
A charge registered on 27 Nov 2015 via Charge ID 10605483 with Axis Bank Limited was fully satisfied on 18 Jun 2022.

Recent News on Mode Finserver Private Limited

Frequently Asked Questions about Mode Finserver Private Limited

Mode Finserver Private Limited is an active private limited company in the internet sector based in Bengaluru, Karnataka, India. It was incorporated on 31 March 2011 (15+ years old) and is registered under CIN U65100KA2011PTC057936. The company has 137 employees.

Mode Finserver Private Limited reported revenue of ₹39.49 Cr for FY 2024 (up 41.00% YoY).

The current directors of Mode Finserver Private Limited are:

The primary industry of Mode Finserver Private Limited is internet. The company specifically operates in online financial services. The company is currently active in this sector.

Mode Finserver Private Limited can be reached at the registered office: 228 Aikya 7Th Main Rajiv Gandhi Nagar Nandini Layout, Bengaluru, Karnataka, India – 560096, or through the website modefin.com.

The authorised capital is ₹4 Cr, and the paid-up capital is ₹31.5 Lakh.

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