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Multipl Fintech Solutions Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.43 Lakh
▲ 13449.50% YoY
Net loss · FY 2024
₹13.13 Cr
Latest filing
EBITDA · FY 2024
-₹9.38 Cr
Latest filing
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.59 Cr
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
49
Provident fund records
Directors on board
3
As per MCA filings
About Multipl Fintech Solutions Private Limited
Data last updated:
Multipl Fintech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 12 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC138526. Its GSTIN is 29AANCM8003D1ZG (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.59 Cr. It is led by directors including Padmanabhan Raghavan and Jagannathan Raghavan.
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 2024, the company reported a revenue of ₹77.43 Lakh. For the same year it recorded a net loss of ₹13.13 Cr and EBITDA of -₹9.38 Cr.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Multipl. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹41.48 Cr; the latest was in July 2024.
For more details, the company can be reached via its website multipl.in.
Company details
CIN U72900KA2020PTC138526
Registration Number 138526
Incorporation Date 12 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Multipl Fintech Solutions
Contact details
Multipl Fintech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is multipl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSlv Arcade 2nd Floor No. 57 Old No. 320/D 9th Main Road 40th Cross 5th Block Jay, Anagar, Bangalore, Karnataka, India – 560011
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Multipl Fintech Solutions Private Limited, buy the company report.
Comprehensive company report
Multipl Fintech Solutions 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
Multipl Fintech Solutions operates one associated brand: Multipl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Goal-based savings are enabled for individuals via auto-investments. | multipl.in |
Business activity
The main business activity of Multipl Fintech Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Multipl Fintech Solutions Private Limited, buy the company report.
Financials of Multipl Fintech Solutions Private Limited
FY 2024 filings availableMultipl Fintech Solutions Private Limited reported revenue of ₹77.43 Lakh for FY 2024.
Revenue · FY 2024
₹77.43 Lakh
Net loss · FY 2024
₹13.13 Cr
EBITDA · FY 2024
-₹9.38 Cr
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹9.38 Cr | |||
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| Net Profit (PAT) | -₹13.13 Cr | |||
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Financial Ratios
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To see the full financial statements and ratios of Multipl Fintech Solutions Private Limited, buy the company report.
Board of directors of Multipl Fintech Solutions Private Limited
Multipl Fintech Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Raghavan Also directs: Multipl Wealth Management Private Limited | Director | 12 Sep 2020 | 6 Years 1 Months | Current |
| Jagannathan Raghavan Also directs: Multipl Wealth Management Private Limited | Director | 12 Sep 2020 | 6 Years 1 Months | Current |
| Vikas Subodh Jain Also directs: Multipl Wealth Management Private Limited | Director | 12 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Multipl Fintech Solutions Private Limited is audited by Chitra Hegde and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chitra Hegde and Associates | FY 2023 | 022310S |
Shareholding
The shareholding of Multipl Fintech Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Multipl Fintech Solutions Private Limited, buy the company report.
Deals & funding
Multipl Fintech Solutions Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹41.48 Cr; the latest was in July 2024.
Total deals
4
Funding rounds
4
Disclosed funding
₹41.48 Cr
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round · Pre-Series A | ₹23.69 Cr | Investors: Blume Ventures, growX ventures, Iifl Management Services Limited |
| Dec 2020 | Funding round · Pre-seed | ₹3.6 Cr | Investors: 4 individuals |
To see the full deal history of Multipl Fintech Solutions 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
No court or tribunal cases involving Multipl Fintech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Multipl Fintech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multipl Fintech Solutions Private Limited has a workforce of 49 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
11.36%
GST
Multipl Fintech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM8003D1ZG | Karnataka | Active | 28 Sep 2020 |
To see the full GST registrations and return filing status of Multipl Fintech Solutions Private Limited, buy the company report.
Recent activity
Multipl Fintech Solutions Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Jagannathan Raghavan was appointed as Director on 12 Sep 2020.
AGM
Multipl Fintech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Multipl Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jagannathan Raghavan was appointed as Director.
Appointed
Padmanabhan Raghavan was appointed as Director.
Appointed
Vikas Subodh Jain was appointed as Director.
Incorporation
12 Sep 2020
Multipl Fintech Solutions Private Limited was registered on 12 Sep 2020 with Roc Bangalore & aged 6 years 1 month as per MCA records.
Frequently asked questions
Multipl Fintech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 12 September 2020 (6+ years old) and is registered under CIN U72900KA2020PTC138526.
Multipl Fintech Solutions has 3 current directors:
- Padmanabhan Raghavan - Director
- Jagannathan Raghavan - Director
- Vikas Subodh Jain - Director
The latest financial statements of Multipl Fintech Solutions 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 2021 are in the company report.
The GSTIN of Multipl Fintech Solutions is 29AANCM8003D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Multipl Fintech Solutions is U72900KA2020PTC138526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multipl Fintech Solutions was incorporated on 12 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Multipl Fintech Solutions has 4 deals on record (4 funding rounds), with disclosed funding of ₹41.48 Cr; the latest was in July 2024.
Jagannathan Raghavan was appointed as Director on 12 Sep 2020. Padmanabhan Raghavan was appointed as Director on 12 Sep 2020. Vikas Subodh Jain was appointed as Director on 12 Sep 2020.
Yes, Multipl Fintech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Multipl Fintech Solutions can be reached through the website multipl.in. Its registered office is in Bangalore, Karnataka, India.