About Multistream Technologies Private Limited
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Multistream Technologies Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Clippings Inc.. It operates in the online streaming platforms segment of the internet and digital services sector. It was incorporated on 13 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021FTC360293. Its GSTIN is 27AAOCM5882D1Z2 (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹5,412. It is led by directors including Asaf Peled and Dan Ben Adi.
Its last annual general meeting (AGM) was held on 28 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S7 – 11 7th Floor Pinnaacle Business Park Mahakali Caves Rd, Andheri East Mumbai 400093, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.02 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.48 Cr (net margin 2.1%) and EBITDA of ₹3.48 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The company has about 201 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹75 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 12 deals on record (7 funding rounds, 5 debt financings), with disclosed funding of ₹75.75 Cr; the latest was in December 2022. Its 10 peer companies in the Ecommerce and Internet industry (Streaming Media) are compared by revenue, 5 larger and 5 smaller; the largest is Akuate Internet Services Private Limited with revenue of ₹156.62 Cr.
For more details, the company can be reached via its website studio.illusto.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS7 – 11 7th Floor Pinnaacle Business Park Mahakali Caves Rd, Andheri East Mumbai 400093, Maharashtra, India – 400093
- IndustryInternet, Online Streaming Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Multistream Technologies Private Limited
The main business activity of Multistream Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Multistream Technologies Private Limited FY 2025 filings available
Multistream Technologies Private Limited reported revenue of ₹69.02 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multistream Technologies Private Limited
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 45% 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 of Multistream Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.48 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.48 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 of Multistream Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• |
| 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 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 Multistream Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Multistream Technologies Private Limited
Multistream Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Streaming Media). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akuate Internet Services Private Limited | ₹156.62 Cr (FY 2020) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Lokdhun Telemedia Private Limited | ₹119.92 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Hoichoi Technologies Private Limited | ₹84.86 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Kolkata, West Bengal, India |
| Vama Projects Private Limited | ₹76.83 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Ahmadabad City, Gujarat, India |
| Greenhorn Wellness Private Limited | ₹75.78 Cr (FY 2025) | •••• | •••• | 1481.0% | •••• | Bangalore South, Karnataka, India |
| Multistream Technologies Private Limited this company | ₹69.02 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Melot Technologies Private Limited | ₹65.86 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Bosna Digital Entertainment Private Limited | ₹62.44 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Chandigarh, India |
| Planet Marathi Seller Services Private Limited | ₹51.59 Cr (FY 2023) | •••• | •••• | 200.0% | •••• | Mumbai, Maharashtra, India |
| Vidgyor Media Technologies Private Limited | ₹40.35 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bangalore, Karnataka, India |
| Yupp Video Services India Private Limited | ₹36.72 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Multistream Technologies by revenue in the Ecommerce and Internet industry (Streaming Media), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multistream Technologies Private Limited
Multistream Technologies Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multistream Technologies Private Limited
Multistream Technologies has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asaf Peled | Director | 29 Sep 2025 | 1 Years 0 Months | Current |
| Dan Ben Adi | Director | 29 Sep 2025 | 1 Years 0 Months | Current |
| Sandeep Pandurang Karande | Director | 23 Sep 2025 | 1 Years 0 Months | Current |
| Brijeshakumar Radheshyam Jaiswal | Director | 14 Dec 2023 | 2 Years 9 Months | Current |
| Mohammad Taufik | Director | 14 Dec 2023 | 2 Years 9 Months | Current |
Ownership and Shareholding of Multistream Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multistream Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
| 15 Dec 2022 | Others | ₹10 Cr | Satisfied |
| 28 Jun 2022 | Others | ₹5 Cr | Satisfied |
| 12 Feb 2022 | Others | ₹20 Cr | Satisfied |
| 22 Dec 2021 | Others | ₹30 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Multistream Technologies Private Limited
Multistream Technologies Private Limited has 12 deals on record (7 funding rounds, 5 debt financings), with disclosed funding of ₹75.75 Cr; the latest was in December 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Debt financing | ₹10 Cr | Investors: Alteria Capital |
| Jul 2022 | Debt financing | ₹5 Cr | Investors: Alteria Capital |
| May 2022 | Debt financing | ₹20 Cr | Investors: InnoVen Capital, Stride Ventures |
| Jan 2022 | Debt financing | ₹20 Cr | Investors: Stride Ventures, InnoVen Capital |
| Jan 2022 | Debt financing | ₹10 Cr | Investors: Stride Ventures |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Multistream Technologies Private Limited
Multistream Technologies Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Executive Centre India Limited | Pending |
| District court, South, Delhi | Execution petition | Filed against the company by Executive Centre India Limited | Disposed |
| District court, South, Delhi | Commercial suit | Filed against the company by Executive Center India Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Multistream Technologies Private Limited
Multistream Technologies Private Limited has a workforce of 201 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multistream Technologies Private Limited
Multistream Technologies Private Limited has 9 board changes on record since 2021: 7 appointments and 2 cessations. The latest: Asaf Peled was appointed as Director on 29 Sep 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multistream Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multistream Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multistream Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multistream Technologies Private Limited
Multistream Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM5882D1Z2 | Maharashtra | Active | 05 Jul 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multistream Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multistream Technologies Private Limited
Multistream Technologies is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in online streaming platforms, within the internet industry. It was incorporated on 13 May 2021 (5+ years old) and is registered under CIN U72900MH2021FTC360293.
Multistream Technologies reported revenue of ₹69.02 Cr for FY 2025 (down 24% YoY).
Multistream Technologies has 5 current directors:
- Asaf Peled - Director
- Dan Ben Adi - Director
- Sandeep Pandurang Karande - Director
- Brijeshakumar Radheshyam Jaiswal - Director
- Mohammad Taufik - Director
Multistream Technologies reported a net profit of ₹1.48 Cr (net margin 2.1%) and EBITDA of ₹3.48 Cr (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multistream Technologies is 70% over three years. In the latest year (FY 2025) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multistream Technologies is 27AAOCM5882D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multistream Technologies is U72900MH2021FTC360293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multistream Technologies has 3 court cases on record: 3 filed against it. 1 is pending.
Multistream Technologies was incorporated on 13 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Multistream Technologies has 12 deals on record (7 funding rounds, 5 debt financings), with disclosed funding of ₹75.75 Cr; the latest was in December 2022.
The peers of Multistream Technologies by revenue are Akuate Internet Services Private Limited, Lokdhun Telemedia Private Limited, Hoichoi Technologies Private Limited, Vama Projects Private Limited, Greenhorn Wellness Private Limited and 5 more, all in the Ecommerce and Internet industry (Streaming Media).