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Growthpond Technology Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹10.04 Cr
▲ 92% YoY
Net loss · FY 2023
₹34.28 Cr
Net margin -341.3%
EBITDA · FY 2023
-₹29.69 Cr
EBITDA margin -295.6%
Authorised capital
₹29 Lakh
Registered with MCA
Paid-up capital
₹9.44 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About Growthpond Technology Private Limited
Data last updated:
Growthpond Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC326468. Its GSTIN is 27AAHCG8554D1ZG (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹29 Lakh and a paid-up capital of ₹9.44 Lakh. It is led by directors Sumit Rajendra Shah and Subhash Chandra Choudhary.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No D/403 Orchid Enclave G M Colony Yadav Nagar Nahar Amrit Shakti Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.04 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net loss of ₹34.28 Cr (net margin -341.3%) and EBITDA of -₹29.69 Cr (EBITDA margin -295.6%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Rankz and Dukaan. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 5 cases are pending. The company has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹145.06 Cr; the latest was in January 2023. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 6 overdue payments to 1 micro and small supplier.
Growthpond Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0141643). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mydukaan.io.
Company Details of Growthpond Technology Private Limited
CIN U72900MH2019PTC326468
Registration Number 326468
Incorporation Date 10 June 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0141643
Recognitions & Rankings of Growthpond Technology
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0141643
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No D/403 Orchid Enclave G M Colony Yadav Nagar Nahar Amrit Shakti Powai, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Application Development & Software Solutions
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Associated Brands
Growthpond Technology operates two associated brands: Rankz and Dukaan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a platform for content marketing | rankz.io | |
| Enterprise e-commerce solutions are delivered via an integrated platform. | mydukaan.io |
Business Activity
The main business activity of Growthpond Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Growthpond Technology Private Limited
FY 2023 filings availableGrowthpond Technology Private Limited reported revenue of ₹10.04 Cr (up 92% YoY) for FY 2023.
Revenue · FY 2023
₹10.04 Cr ▲ 92%
Net loss · FY 2023
₹34.28 Cr margin -341.3%
EBITDA · FY 2023
-₹29.69 Cr margin -295.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 100%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▼ 233%
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 92% growth in the latest year. EBITDA rose 42% 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 2022-23 | FY 2019-20 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹10.04 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹29.69 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹34.28 Cr | |
| 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
| Metrics | FY 2022-23 | FY 2019-20 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -295.6% | |
| Net Profit Margin | -341.3% | |
| 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, and every line for FY 2019-20 to FY 2021-22, 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 Growthpond Technology are in the company report.
: available in the company report
Board of Directors of Growthpond Technology Private Limited
Growthpond Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Rajendra Shah Also directs: Risemetric Technology LLP, Growthleap Technologies LLP, Wildfire Technology Private Limited and 1 more | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Subhash Chandra Choudhary | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
Auditor Details
Growthpond Technology Private Limited is audited by Barwal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Barwal & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Growthpond Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Growthpond Technology Private Limited has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹145.06 Cr; the latest was in January 2023.
Total deals
11
Funding rounds
8
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹145.06 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹20.1 Lakh | Investors: Z Nation Lab |
| Aug 2022 | Funding round · Pre-Series A | ₹24.5 Lakh | Investors: 3 individuals |
| Aug 2022 | Funding round | ₹1.07 Cr | Investors: Aroa Venture Partners (ScaleX Partners) |
| Feb 2022 | Funding round · Pre-Series A | ₹20.43 Cr | Investors: Lightspeed India Partners, Z47 (Matrix Partners India), Aditya Birla Ventures |
| Feb 2022 | Funding round | ₹36.07 Cr | Investors: Z Nation Lab, Yukti Securities, HOF Capital GGI Fund II LP |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Growthpond Technology Private Limited has 13 court cases on record: 2 filed by Growthpond Technology, 11 filed against it. 5 cases are pending and 8 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
5
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 4 |
| High courts | 3 | 2 | 0 |
| NCLT | 2 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by Shemaroo Entertainment Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Visit Health Private Limited | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by Delhivery Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against VGD Technologies Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed against the company by M/S VGD Technologies Private Limited | Disposed |
: available in 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
Growthpond Technology Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 6 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hja & Associates LLP | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Growthpond Technology Private Limited has a workforce of 6 employees as of Sep 22, 2025.
Employee count
6
Active EPFO establishments
1
Employee growth
-60%
: available in the company report
Recent Activity
Growthpond Technology Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Subhash Chandra Choudhary was appointed as Director on 10 Jun 2019.
AGM
Growthpond Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Growthpond Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Appointed
Subhash Chandra Choudhary was appointed as Director.
Appointed
Sumit Rajendra Shah was appointed as Director.
Incorporation
10 Jun 2019
Growthpond Technology Private Limited was registered on 10 Jun 2019 with Roc Mumbai I & aged 7 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Growthpond Technology has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG8554D1ZG | Maharashtra | Active | 19 Feb 2020 |
| 29AAHCG8554D1ZC | Karnataka | Active | 17 Feb 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Growthpond Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U72900MH2019PTC326468.
Growthpond Technology has 2 current directors:
- Sumit Rajendra Shah - Director
- Subhash Chandra Choudhary - Director
The latest financial statements of Growthpond Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Growthpond Technology is 27AAHCG8554D1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAHCG8554D1ZC (Karnataka).
The CIN (Corporate Identification Number) of Growthpond Technology is U72900MH2019PTC326468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growthpond Technology has 13 court cases on record: 2 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Growthpond Technology was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Growthpond Technology has 11 deals on record (8 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹145.06 Cr; the latest was in January 2023.
Subhash Chandra Choudhary was appointed as Director on 10 Jun 2019. Sumit Rajendra Shah was appointed as Director on 10 Jun 2019.
Yes, Growthpond Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Growthpond Technology is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0141643).