About Smartpaddle Technology Private Limited
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Smartpaddle Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 28 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC263147. Its GSTIN is 27AAVCS6045D1Z0 (Maharashtra). The company holds 15 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹80.39 Lakh and a paid-up capital of ₹55.34 Lakh. It is led by directors Sachin Agrawal and Gulshan Kumar Kaushik.
Its last annual general meeting (AGM) was held on 23 January 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹185.01 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹291.57 Cr (net margin -157.6%) and EBITDA of -₹135.17 Cr (EBITDA margin -73.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 41% over five years.
The company has about 250 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ArtworkFlow and Bizongo. As per MCA filings, the company has open charges of ₹276.75 Cr and satisfied charges of ₹900.1 Cr on record. Court records list 74 cases involving the company, including 39 filed by the company and 35 filed against it; 42 cases are pending. The company has 28 deals on record (14 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹1,889.33 Cr; the latest was in March 2025. The company has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,422 overdue payments to 192 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 bizongo.com.
Company details
Contact details
Smartpaddle Technology Private Limited's registered office is in Mumbai, Maharashtra. Its website is bizongo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 1 Hdil Kaledonia, Sahar Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Smartpaddle Technology 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
Brands
Smartpaddle Technology operates two associated brands: ArtworkFlow and Bizongo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven tools for managing packaging artwork, workflows, and brand compliance. | artworkflowhq.com | |
| Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | bizongo.com |
Business activity
The main business activity of Smartpaddle Technology 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 Smartpaddle Technology Private Limited, buy the company report.
Financials of Smartpaddle Technology Private Limited
FY 2023 filings availableSmartpaddle Technology Private Limited reported revenue of ₹185.01 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 37% growth in the latest year. EBITDA fell 116% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹135.17 Cr | ||||
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| Net Profit (PAT) | -₹291.57 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -73.1% | ||||
| Net Profit Margin | -157.6% | ||||
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To see the full financial statements and ratios of Smartpaddle Technology Private Limited, buy the company report.
Board of directors of Smartpaddle Technology Private Limited
Smartpaddle Technology has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Agrawal Also directs: Bizongo Finpaas Private Limited | Director | 28 Mar 2015 | 11 Years 6 Months | Current |
| Gulshan Kumar Kaushik Also directs: Bizongo Finpaas Private Limited | Director | 24 Nov 2025 | 0 Years 10 Months | Current |
Auditor
Smartpaddle Technology Private Limited is audited by BSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Smartpaddle Technology 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 Smartpaddle Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2024 | 100980466 | Others | ₹5 Cr | Open | |
| 17 May 2024 | 100942375 | Others | ₹70 Cr | Open | |
| 21 Feb 2024 | 100914970 | Others | ₹25 Cr | Open | |
| 23 Mar 2023 | 100704216 | Others | ₹25 Cr | Open | |
| 21 Feb 2023 | 100698987 | Others | ₹50 Cr | Open |
To see the full charge records of Smartpaddle Technology Private Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Smartpaddle Technology Private Limited has 28 deals on record (14 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹1,889.33 Cr; the latest was in March 2025.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Debt financing | ₹50 Cr | Investors: Vivriti Capital, Credavenue Private Limited |
| Dec 2023 | Debt financing | ₹25 Cr | Investors: InCred Alternatives Investments |
| Jul 2023 | Debt financing | ₹50 Cr | Investors: Aspero Markets Private Limited , Lighthouse Canton |
| May 2023 | Debt financing | ₹50 Cr | Investors: Texterity Private Limited |
| Jul 2022 | Debt financing | ₹30 Cr | Investors: MAS Financial Services Limited, Incred Capital Financial Services Private Limited |
To see the full deal history of Smartpaddle Technology 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
Smartpaddle Technology Private Limited has 74 court cases on record: 39 filed by Smartpaddle Technology, 35 filed against it. 42 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 21 | 34 |
| High courts | 20 | 11 | 5 |
| NCLAT | 7 | 3 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by M/S Ikshavaku Software Ventures India Pvt Ltd | Pending |
| District court, Paschim Bardhaman, West Bengal | Court case (C.R Case) | Filed against the company by Sumangal Ispat Pvt.Ltd Rep. by Manoj KR Saha | Pending |
| Bombay High Court | Writ petition | Filed against the company by RHJ Tubes Pvt Ltd Through Naresh Ramesh Dhakad | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by M/S. Roy Agrovets (P) Ltd. | Pending |
| District court, Una, Himachal Pradesh | Civil miscellaneous application | Filed against the company by M/S Goflex Ltd | Pending |
To see the full case history of Smartpaddle Technology 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
Smartpaddle Technology Private Limited has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,422 overdue payments to 192 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 192)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| United Textile Mills Private Limited | |||
| Esse Trading Impex LLP | |||
| Barflex Polyfilms Limited | |||
| an individual supplier | |||
| M/S M B Polypack |
To see the full MSME payment records of Smartpaddle Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smartpaddle Technology Private Limited has a workforce of 250 employees on its EPFO records as of Jun 03, 2025, across 1 active EPFO establishment.
GST
Smartpaddle Technology has 15 GST registrations: 10 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS6045D1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 06AAVCS6045D1Z4 | Haryana | Active | 01 Jul 2017 |
| 07AAVCS6045D1Z2 | Delhi | Active | 01 Jul 2017 |
| 29AAVCS6045D2ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartpaddle Technology Private Limited, buy the company report.
Recent activity
Smartpaddle Technology Private Limited has 15 board changes on record since 2015: 7 appointments and 8 cessations. The latest: Gulshan Kumar Kaushik was appointed as Director on 24 Nov 2025.
105 earlier events are in the company report.
News
Frequently asked questions
Smartpaddle Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 28 March 2015 (11+ years old) and is registered under CIN U72300MH2015PTC263147.
Smartpaddle Technology has 2 current directors:
- Sachin Agrawal - Director
- Gulshan Kumar Kaushik - Director
The latest financial statements of Smartpaddle Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 23 January 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Smartpaddle Technology is 27AAVCS6045D1Z0, registered in Maharashtra. The company has 15 GST registrations in all, of which 10 are active and 5 are cancelled or inactive. Other active GSTINs include 06AAVCS6045D1Z4 (Haryana), 07AAVCS6045D1Z2 (Delhi), 29AAVCS6045D2ZV (Karnataka).
The CIN (Corporate Identification Number) of Smartpaddle Technology is U72300MH2015PTC263147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartpaddle Technology has 74 court cases on record: 39 filed by the company and 35 filed against it. 42 are pending. Most are in the district courts.
Smartpaddle Technology was incorporated on 28 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Smartpaddle Technology has 28 deals on record (14 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹1,889.33 Cr; the latest was in March 2025.
Gulshan Kumar Kaushik was appointed as Director on 24 Nov 2025. Anand Subramanian was appointed as Nominee Director on 10 Mar 2025. Priyesh Bharat Somaiya was appointed as Nominee Director on 18 Feb 2025. Smartpaddle Technology has 15 board changes on record in total.
Smartpaddle Technology has 17 MSME Form 1 returns on record between 2018 and 2024, listing 2,422 overdue payments to 192 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Smartpaddle Technology can be reached through the website bizongo.com. Its registered office is in Mumbai, Maharashtra, India.