
About MVG Advisory LLP
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MVG Advisory LLP is a limited liability partnership (LLP) based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 March 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAO-4461. Its GSTIN is 29ABLFM0265D1ZA (Karnataka).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners including Raveen Sastry Vyakaranam and Bhushan Arun Patil.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹52.44 Lakh. For the same year it recorded a net loss of ₹16.68 Lakh (net margin -31.8%) and EBITDA of -₹17.31 Lakh (EBITDA margin -33%).
The LLP is associated with 1 brand: Multiply Ventures.
For more details, the LLP can be reached via its website multiplyventures.com.
Company details
Recognitions & Rankings of MVG Advisory
Contact details
MVG Advisory LLP's registered office is in Bengaluru, Karnataka. Its website is multiplyventures.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of MVG Advisory LLP, 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
MVG Advisory operates one associated brand: Multiply Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services are conducted in Maine. | multiplyventures.com |
Financials of MVG Advisory LLP
FY 2025 filings availableMVG Advisory LLP reported revenue of ₹52.44 Lakh for FY 2021.
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹52.44 Lakh | ||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | -₹16.68 Lakh | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | -31.8% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of MVG Advisory LLP, buy the company report.
Designated partners of MVG Advisory LLP
MVG Advisory has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raveen Sastry Vyakaranam Also directs: MVG Capital Advisors LLP, Betfit Global LLP, Boomtrain Apac Private Limited and 1 more | Designated Partner | 06 Mar 2019 | 7 Years 8 Months | Current |
| Bhushan Arun Patil Also directs: MVG Capital Advisors LLP, Olympia Industries Limited | Designated Partner | 21 May 2019 | 7 Years 5 Months | Current |
| Sanjay Ramakrishnan Also directs: MVG Capital Advisors LLP, Winggit Entertainment Private Limited, Renaura Wellness Private Limited and 1 more | Designated Partner | 06 Mar 2019 | 7 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving MVG Advisory LLP 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 MVG Advisory LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MVG Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABLFM0265D1ZA | Karnataka | Active | 02 May 2019 |
To see the full GST registrations and return filing status of MVG Advisory LLP, buy the company report.
Recent activity
MVG Advisory LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Bhushan Arun Patil was appointed as Designated Partner on 21 May 2019.
News
Frequently asked questions
MVG Advisory is an active limited liability partnership based in Bengaluru, Karnataka, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 March 2019 (7+ years old) and is registered under LLPIN AAO-4461.
MVG Advisory has 3 current designated partners:
- Raveen Sastry Vyakaranam - Designated Partner
- Bhushan Arun Patil - Designated Partner
- Sanjay Ramakrishnan - Designated Partner
The latest financial statements of MVG Advisory on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of MVG Advisory is 29ABLFM0265D1ZA, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of MVG Advisory is AAO-4461. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
MVG Advisory was incorporated on 06 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhushan Arun Patil was appointed as Designated Partner on 21 May 2019. Raveen Sastry Vyakaranam was appointed as Designated Partner on 06 Mar 2019. Sanjay Ramakrishnan was appointed as Designated Partner on 06 Mar 2019.
Yes, MVG Advisory is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
MVG Advisory can be reached through the website multiplyventures.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of MVG Advisory is at 568 6th Cross 7th Main Hal 2nd Stage Near Indiranagar Club, Bengaluru, Karnataka, India – 560038.

