Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2015PTC082063 Incorporated 06 August 2015 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet
Revenue · FY 2025
₹455.1 Cr
▼ 16% YoY
Net loss · FY 2025
₹435.4 Cr
Net margin -95.7%
EBITDA · FY 2025
-₹305 Cr
EBITDA margin -67%
Authorised capital
₹243.46 Cr
Registered with MCA
Paid-up capital
₹27.06 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
951
Provident fund records
Directors on board
7
As per MCA filings

About Sorting Hat Technologies Private Limited

Data last updated:

Sorting Hat Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 06 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC082063. Its GSTIN is 29AAWCS1086R1Z3 (Karnataka). The company holds 29 GST registrations, all of them active.

The company has an authorised share capital of ₹243.46 Cr and a paid-up capital of ₹27.06 Cr. It is led by directors including Sumit Jain and Sujeet Kumar.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹455.1 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹435.4 Cr (net margin -95.7%) and EBITDA of -₹305 Cr (EBITDA margin -67%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 52% over five years.

The company has about 951 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.

The company is associated with 4 brands: Unacademy, SwifLearn, Mastree and Rheo. Court records list 110 cases involving the company, including 79 filed by the company and 31 filed against it; 16 cases are pending. The company has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026.

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

Company details

CIN U72200KA2015PTC082063
Registration Number 082063
Incorporation Date 06 August 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Key People
Sumit Jain Director Sumer Juneja Nominee Director Sujeet Kumar Director

Recognitions & Rankings of Sorting Hat Technologies

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#420
Valuation
₹11,880 Cr
2023 #168 2022 #142 2021 #156

Contact details

Sorting Hat Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is unacademy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    unacademy.com
  • Social Media
  • Apps
  • Registered Address
    No 11/1 12/1 2nd Floor Block B Maruti Info – Tech Centre, Amarjyothi Layout Intermediate Ring Road, Bangalore, Karnataka, India – 560071
  • Industry
    Internet, Online Education & Learning Platforms

To see the full contact details of Sorting Hat Technologies Private Limited, buy the company report.

Comprehensive company report
Sorting Hat Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Sorting Hat Technologies operates multiple associated brands including Unacademy, SwifLearn, and Mastree. Each brand links to its own profile.

BrandDescriptionWebsite
Unacademy
Online educational resources and courses for exam preparation are provided.unacademy.com
SwifLearn
Online platform providing live tutoring solution for K-12 studentsswiflearn.com
Mastree
Instructor-led online English classes are offered for children's speaking skills.mastree.com
Rheo
Online platform for streaming video gamesrheo.com

Business activity

The main business activities of Sorting Hat Technologies are education and professional, scientific and technical. In detail, this covers education, advertising and market research and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducation85Education
MProfessional, Scientific and TechnicalM6Advertising and market research
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Sorting Hat Technologies Private Limited, buy the company report.

Financials of Sorting Hat Technologies Private Limited

FY 2025 filings available

Sorting Hat Technologies Private Limited reported revenue of ₹455.1 Cr (down 16% YoY) for FY 2025.

Revenue · FY 2025
₹455.1 Cr ▼ 16%
Net loss · FY 2025
₹435.4 Cr margin -95.7%
EBITDA · FY 2025
-₹305 Cr margin -67%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 1%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 38%
5 years · compounded
▲ 1%

Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA rose 38% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹455.1 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹305 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹435.4 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-67%
Net Profit Margin-95.7%
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

To see the full financial statements and ratios of Sorting Hat Technologies Private Limited, buy the company report.

Board of directors of Sorting Hat Technologies Private Limited

Sorting Hat Technologies has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumit Jain
Also directs: Sorting Hat Solutions Private Limited, Pilani Experts Technology Labs Private Limited, Opentalk Mobile App Private Limited and 5 more
Director14 Jun 20242 Years 5 MonthsCurrent
Sumer Juneja
Also directs: Oravel Stays Limited, Ani Technologies Private Limited
Nominee Director28 Sep 20206 Years 1 MonthsCurrent
Sujeet Kumar
Also directs: Heisetasse Beverages Private Limited
Director18 Jun 20206 Years 4 MonthsCurrent
Shantanu Rastogi
Also directs: Kfin Technologies Limited, Rubicon Research Limited, Tbo Tek Limited and 5 more
Nominee Director18 Mar 20206 Years 7 MonthsCurrent
Bhavin Mahendra Turakhia
Also directs: Momentumsw Private Limited, Finova Global Private Limited
Director12 Feb 20188 Years 9 MonthsCurrent
Gaurav MunjalDirector06 Aug 201511 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Sorting Hat Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2025.

Auditor firmFinancial yearFirm registration number
B S R & Co. LLPFY 2025101248W/W-100022

Shareholding

The shareholding of Sorting Hat Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sorting Hat Technologies Private Limited, buy the company report.

Deals & funding

Sorting Hat Technologies Private Limited has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026.

Total deals
24
Funding rounds
12
Secondary share transfers
10
Rights issue
1
Acquisition
1
Disclosed funding
₹6,668.81 Cr

Deals on record (5 of 24)

WhenDealAmountParties
Sep 2026Acquisition₹1,901.8 CrBuyer: Upgrad Education Private Limited
Mar 2024Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2023Secondary share transferUndisclosedBuyer: Neptune Holdings Investments Inc
Seller: an individual
May 2022Secondary share transferUndisclosedBuyer: Neptune Holdings Investments Inc
Seller: an individual
Aug 2021Funding round · Series H₹3,217.84 CrInvestors: Temasek, Softbank, General Atlantic

To see the full deal history of Sorting Hat Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sorting Hat Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Sorting Hat Technologies has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

7
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Sorting Hat Solutions Private LimitedU22219KA2022PTC161167
Pilani Experts Technology Labs Private LimitedU72400KA2016PTC085818
Ono Labs Private LimitedU72900KA2019PTC129510
Graphy Labs Private LimitedU74999KA2014PTC166340
FJS Tech Private LimitedU74999KA2018PTC175892
Incassable Technologies Private LimitedU80220KA2019PTC176282

To see the full group structure of Sorting Hat Technologies Private Limited, buy the company report.

Employees & EPFO

Sorting Hat Technologies Private Limited has a workforce of 951 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
951
Active EPFO establishments
2
Employee growth
-28%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27951
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Sorting Hat Technologies Private Limited, buy the company report.

GST

Sorting Hat Technologies has 29 GST registrations: 29 active. The first 4 active GSTINs are listed below.

Total GSTINs
29
Active
29
GSTINStateStatusRegistered on
29AAWCS1086R1Z3KarnatakaActive01 Jul 2017
29AAWCS1086R1CEKarnatakaActive18 Oct 2021
29AAWCS1086R2Z2KarnatakaActive01 Apr 2022
08AAWCS1086R1Z7RajasthanActive23 Jan 2019

To see the full GST registrations and return filing status of Sorting Hat Technologies Private Limited, buy the company report.

Recent activity

Sorting Hat Technologies Private Limited has 15 board changes on record since 2015: 7 appointments and 8 cessations. The latest: Samad Iqbal Shariff ceased to be Company Secretary on 30 Nov 2024.

AGM
Sorting Hat Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sorting Hat Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Samad Iqbal Shariff ceased to be Company Secretary.
Ceased
Sumit Jain ceased to be Additional Director.
Appointed
Sumit Jain was appointed as Director.
Ceased
Hemesh Kumar Singh ceased to be Director.
Ceased
Sameer Verma ceased to be Nominee Director.
Ceased
Mukul Arora ceased to be Nominee Director.
Appointed
Sumer Juneja was appointed as Nominee Director.
Ceased
Sujeet Kumar ceased to be Additional Director.
Appointed
Sujeet Kumar was appointed as Director.
Appointed
Shantanu Rastogi was appointed as Nominee Director.

6 earlier events are in the company report.

News

From our blog

Frequently asked questions

Sorting Hat Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 06 August 2015 (11+ years old) and is registered under CIN U72200KA2015PTC082063.

Sorting Hat Technologies has 7 current directors:

The latest financial statements of Sorting Hat Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Sorting Hat Technologies is 29AAWCS1086R1Z3, registered in Karnataka. The company has 29 GST registrations in all, of which 29 are active. Other active GSTINs include 29AAWCS1086R1CE (Karnataka), 29AAWCS1086R2Z2 (Karnataka), 08AAWCS1086R1Z7 (Rajasthan).

The CIN (Corporate Identification Number) of Sorting Hat Technologies is U72200KA2015PTC082063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sorting Hat Technologies has 110 court cases on record: 79 filed by the company and 31 filed against it. 16 are pending. Most are in the high courts.

Sorting Hat Technologies was incorporated on 06 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Sorting Hat Technologies has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026.

Samad Iqbal Shariff ceased to be Company Secretary on 30 Nov 2024. Sumit Jain ceased to be Additional Director on 27 Sep 2024. Sumit Jain was appointed as Director on 14 Jun 2024. Sorting Hat Technologies has 15 board changes on record in total.

Sorting Hat Technologies can be reached through the website unacademy.com. Its registered office is in Bangalore, Karnataka, India.