About 63Ideas Infolabs Private Limited
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63Ideas Infolabs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 02 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51100KA2015PTC081330. Its GSTIN is 29AAACZ8597L1Z8 (Karnataka). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹1.54 Cr and a paid-up capital of ₹97.61 Lakh. It is led by directors including Raghunandan Gangappa and Harish Swaminathan.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Helios Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.7 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹25,637 (net margin -15%) and EBITDA of -₹22,722 (EBITDA margin -13.3%). Revenue has declined at a compounded annual rate (CAGR) of 97% over three years and 87% over five years.
The company has about 1,332 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹220 Cr and satisfied charges of ₹189.03 Cr on record. Court records list 428 cases involving the company, including 394 filed by the company and 34 filed against it; 83 cases are pending. The company has 22 deals on record (15 funding rounds, 7 secondary share transfers), with disclosed funding of ₹2,793.58 Cr; the latest was in July 2026. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 36 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ninjacart.com.
Company details
CIN history
63Ideas Infolabs has one previous CIN (Corporate Identification Number): U72200KA2015PTC081330. The current CIN is U51100KA2015PTC081330, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100KA2015PTC081330 | Current |
| U72200KA2015PTC081330 | Previous |
Contact details
63Ideas Infolabs Private Limited's registered office is in Bangalore, Karnataka. Its website is ninjacart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndiqube Helios Business Park Tower – E, Second Floor Chandana Kadubeesanahalli, Bangalore, Karnataka, India – 560103
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of 63Ideas Infolabs Private Limited, buy the company report.
- 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
Business activity
The main business activity of 63Ideas Infolabs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of 63Ideas Infolabs Private Limited, buy the company report.
Financials of 63Ideas Infolabs Private Limited
FY 2025 filings available63Ideas Infolabs Private Limited reported revenue of ₹1.7 Lakh (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over five years, including a 18% fall in the latest year. EBITDA rose 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹22,722 | ||||
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| Net Profit (PAT) | -₹25,637 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.3% | ||||
| Net Profit Margin | -15% | ||||
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To see the full financial statements and ratios of 63Ideas Infolabs Private Limited, buy the company report.
Board of directors of 63Ideas Infolabs Private Limited
63Ideas Infolabs has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Leigh Douglas Hopkins Also directs: Phonepe Limited | Nominee Director | 20 May 2021 | 5 Years 5 Months | Current |
| Raghunandan Gangappa | Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Harish Swaminathan Also directs: Ninjacart Services Private Limited | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Chinnathambi Vasudevan Also directs: Ninjacart Private Limited, Ninjacart Services Private Limited | Director | 24 Jun 2022 | 4 Years 3 Months | Current |
| Kartheeswaran Karandipalayam Kandasamy | Director | 02 Jul 2015 | 11 Years 3 Months | Current |
| Hemant Gundopant Badri Also directs: Instakart Services Private Limited | Nominee Director | 10 Jun 2024 | 2 Years 4 Months | Current |
Auditor
63Ideas Infolabs Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of 63Ideas Infolabs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of 63Ideas Infolabs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2025 | 101166830 | Others | ₹15 Cr | Open | |
| 26 Jun 2024 | 100944572 | Citi Bank N.A. | ₹80 Cr | Open | |
| 07 Nov 2023 | 100825852 | Standard Chartered Bank | ₹125 Cr | Open | |
| 20 Feb 2024 | 100875676 | Yes Bank Limited | ₹36 Cr | Satisfied | |
| 10 Nov 2023 | 100812595 | Others | ₹90 Cr | Satisfied |
To see the full charge records of 63Ideas Infolabs Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
63Ideas Infolabs Private Limited has 22 deals on record (15 funding rounds, 7 secondary share transfers), with disclosed funding of ₹2,793.58 Cr; the latest was in July 2026.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Funding round | ₹56.99 Cr | Investors: Accel India, Tiger Global, an individual |
| Jun 2022 | Secondary share transfer | Undisclosed | Seller: HR Capital Partners, 3 individuals |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2021 | Funding round · Series D | ₹1,078.57 Cr | Investors: Flipkart India Private Limited , GEC3 Pte. Ltd. (Walmart Inc.) |
| Jan 2020 | Funding round · Series C | ₹107.58 Cr | Investors: GEC3 Pte. Ltd. (Walmart Inc.), Flipkart India Private Limited , Tanglin Venture Partners |
To see the full deal history of 63Ideas Infolabs Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
63Ideas Infolabs Private Limited has 428 court cases on record: 394 filed by 63Ideas Infolabs, 34 filed against it. 83 cases are pending and 345 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 414 | 23 | 78 |
| High courts | 14 | 11 | 5 |
Cases on record (5 of 428)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Nekkanti Sea Foods Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Kanjiravelil Traders Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Osia Hyper Retail Limited, | Pending |
| District court, Gwalior, Madhya Pradesh | Court case (MJC) | Filed by the company against Ag Stack Technologies Pvt. Ltd. and 2 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by M/S Kanjiravelil Traders Private Limited | Disposed |
To see the full case history of 63Ideas Infolabs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
63Ideas Infolabs Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 36 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Innovision Limited |
To see the full MSME payment records of 63Ideas Infolabs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
63Ideas Infolabs has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ninjacart Private Limited | U52100KA2019PTC130334 | |
| Ninjacart Services Private Limited | U74110KA2021PTC175360 |
To see the full group structure of 63Ideas Infolabs Private Limited, buy the company report.
Employees & EPFO
63Ideas Infolabs Private Limited has a workforce of 1,332 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
63Ideas Infolabs has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ8597L1Z8 | Karnataka | Active | 01 Jul 2017 |
| 29AAACZ8597L1CJ | Karnataka | Active | 27 Dec 2023 |
| 07AAACZ8597L1ZE | Delhi | Active | 24 Jan 2019 |
| 24AAACZ8597L1ZI | Gujarat | Active | 28 Feb 2019 |
To see the full GST registrations and return filing status of 63Ideas Infolabs Private Limited, buy the company report.
Recent activity
63Ideas Infolabs Private Limited has 16 board changes on record since 2015: 6 appointments and 10 cessations. The latest: Kartheeswaran Karandipalayam Kandasamy ceased to be Director on 15 Dec 2025.
25 earlier events are in the company report.
News
Frequently asked questions
63Ideas Infolabs is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 02 July 2015 (11+ years old) and is registered under CIN U51100KA2015PTC081330.
63Ideas Infolabs has 6 current directors:
- Leigh Douglas Hopkins - Nominee Director
- Raghunandan Gangappa - Director
- Harish Swaminathan - Director
- Chinnathambi Vasudevan - Director
- Kartheeswaran Karandipalayam Kandasamy - Director
- Hemant Gundopant Badri - Nominee Director
The latest financial statements of 63Ideas Infolabs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of 63Ideas Infolabs is 29AAACZ8597L1Z8, registered in Karnataka. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACZ8597L1CJ (Karnataka), 07AAACZ8597L1ZE (Delhi), 24AAACZ8597L1ZI (Gujarat).
The CIN (Corporate Identification Number) of 63Ideas Infolabs is U51100KA2015PTC081330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
63Ideas Infolabs has 428 court cases on record: 394 filed by the company and 34 filed against it. 83 are pending. Most are in the district courts.
63Ideas Infolabs was incorporated on 02 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
63Ideas Infolabs has 22 deals on record (15 funding rounds, 7 secondary share transfers), with disclosed funding of ₹2,793.58 Cr; the latest was in July 2026.
Kartheeswaran Karandipalayam Kandasamy ceased to be Director on 15 Dec 2025. Hemant Gundopant Badri ceased to be Additional Director on 16 Jun 2024. Hemant Gundopant Badri was appointed as Nominee Director on 10 Jun 2024. 63Ideas Infolabs has 16 board changes on record in total.
63Ideas Infolabs has 10 MSME Form 1 returns on record between 2019 and 2023, listing 36 overdue payments to 23 micro and small suppliers. The latest return was filed on 28 Aug 2023.
63Ideas Infolabs can be reached through the website ninjacart.com. Its registered office is in Bangalore, Karnataka, India.