MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0002791
Minions Ventures Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.1 Cr
▼ 66% YoY
Net loss · FY 2025
₹24.09 Cr
Net margin -170.8%
EBITDA · FY 2025
-₹23.89 Cr
EBITDA margin -169.4%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹17.29 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
143
Provident fund records
Directors on board
2
As per MCA filings
About Minions Ventures Private Limited
Data last updated:
Minions Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 13 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080305. Its GSTIN is 29AAJCM8069R1Z9 (Karnataka).
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹17.29 Cr. It is led by directors Manish Kumar (Managing Director) and Anurag Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.1 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹24.09 Cr (net margin -170.8%) and EBITDA of -₹23.89 Cr (EBITDA margin -169.4%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 143 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: KredX and KredX Cash Management Solution. Court records list 111 cases involving the company, including 97 filed by the company and 14 filed against it; 37 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹190.91 Cr; the latest was in November 2019. The company has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers.
Minions Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0002791). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kredx.com.
Company details
CIN U74900KA2015PTC080305
Registration Number 080305
Incorporation Date 13 May 2015
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
MSME Classification Small
Udyam Registration UDYAM-KR-03-0002791
Recognitions & Rankings of Minions Ventures
Contact details
Minions Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is kredx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 106 – 109 Sakti Statesman 1st Floor, Wing B S No 34 Iblur Begur Hobli, Bangalore, Karnataka, India – 560103
- IndustryInternet, Online Financial Services
To see the full contact details of Minions Ventures Private Limited, buy the company report.
Comprehensive company report
Minions Ventures Private Limited - one report that includes everything
- 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
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Brands
Minions Ventures operates two associated brands: KredX and KredX Cash Management Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply chain finance solutions and automation tools are provided. | kredx.com | |
| Cash management software is offered for financial operations and transactions. | kredxcms.co |
Business activity
The main business activity of Minions Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Minions Ventures Private Limited, buy the company report.
Financials of Minions Ventures Private Limited
FY 2024 filings availableMinions Ventures Private Limited reported revenue of ₹14.1 Cr (down 66% YoY) for FY 2025.
Revenue · FY 2025
₹14.1 Cr ▼ 66%
Net loss · FY 2025
₹24.09 Cr margin -170.8%
EBITDA · FY 2025
-₹23.89 Cr margin -169.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 66% fall in the latest year. EBITDA rose 23% 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 | -₹23.89 Cr | ||||
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| Net Profit (PAT) | -₹24.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -169.4% | ||||
| Net Profit Margin | -170.8% | ||||
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To see the full financial statements and ratios of Minions Ventures Private Limited, buy the company report.
Board of directors of Minions Ventures Private Limited
Minions Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Jain Also directs: Kredx Finance Private Limited, Kredx Ventures Ifsc Private Limited, Kredx Platform Private Limited and 3 more | Whole-Time Director | 13 May 2015 | 11 Years 5 Months | Current |
| Manish Kumar Also directs: NXG Innovation Labs LLP, Kredx Finance Private Limited, Kredx Ventures Ifsc Private Limited and 1 more | Managing Director | 13 May 2015 | 11 Years 5 Months | Current |
Auditor
Minions Ventures Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 008072S |
Shareholding
The shareholding of Minions Ventures 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 Minions Ventures Private Limited, buy the company report.
Deals & funding
Minions Ventures Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹190.91 Cr; the latest was in November 2019.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹190.91 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Funding round · Series B | ₹144 Cr | Investors: Tiger Global |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Kredx Equity Rewards Trust Seller: an individual |
| Nov 2016 | Funding round · Series A | ₹41.93 Cr | Investors: Peak XV Partners (Sequoia India and SEA), Prime Venture Partners |
| Sep 2015 | Funding round · Seed | ₹4.98 Cr | Investors: Prime Venture Partners |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minions Ventures Private Limited has 111 court cases on record: 97 filed by Minions Ventures, 14 filed against it. 37 cases are pending and 74 are disposed.
Total cases
111
Filed by the company
97
Filed against the company
14
Pending
37
Disposed
74
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 85 | 3 | 23 |
| High courts | 20 | 11 | 14 |
| NCLAT | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against VVP Business Logistics Pvt Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Future Enterprises Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Dunzo Digital Pvt Ltd and Others | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Riva Perfumes LLP and 2 others | Pending |
| District court, South, Delhi | Cheque dishonour complaint | Filed by the company against Adaptio Facility Management Private Ltd and 2 others | Pending |
To see the full case history of Minions Ventures 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
Minions Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BMP & Co. LLP | |||
| Meltwater India Private Limited |
To see the full MSME payment records of Minions Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Minions Ventures has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kredx Finance Private Limited | U65990KA2022PTC157708 | |
| Kredx Ventures Ifsc Private Limited | U67110GJ2022PTC128919 | |
| Kredx Platform Private Limited | U72900KA2021PTC147215 |
To see the full group structure of Minions Ventures Private Limited, buy the company report.
Employees & EPFO
Minions Ventures Private Limited has a workforce of 143 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
143
Active EPFO establishments
1
Employee growth
-10.62%
GST
Minions Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM8069R1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minions Ventures Private Limited, buy the company report.
Recent activity
Minions Ventures Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Anurag Jain was appointed as Whole-Time Director on 13 May 2015.
AGM
Minions Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Minions Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anurag Jain was appointed as Whole-Time Director.
Appointed
Manish Kumar was appointed as Managing Director.
Incorporation
13 May 2015
Minions Ventures Private Limited was registered on 13 May 2015 with Roc Bangalore & aged 11 years 5 months as per MCA records.
News
Frequently asked questions
Minions Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 13 May 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080305.
Minions Ventures has 2 current directors:
- Manish Kumar - Managing Director
- Anurag Jain - Whole-Time Director
The latest financial statements of Minions Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Minions Ventures is 29AAJCM8069R1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Minions Ventures is U74900KA2015PTC080305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minions Ventures has 111 court cases on record: 97 filed by the company and 14 filed against it. 37 are pending. Most are in the district courts.
Minions Ventures was incorporated on 13 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Minions Ventures has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹190.91 Cr; the latest was in November 2019.
Anurag Jain was appointed as Whole-Time Director on 13 May 2015. Manish Kumar was appointed as Managing Director on 13 May 2015.
Yes, Minions Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0002791).
Minions Ventures has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2020.