MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0082855
Navan Labs India Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.14 Cr
▲ 677% YoY
Net profit · FY 2024
₹3.4 Cr
Net margin 11.7%
EBITDA · FY 2024
₹5.48 Cr
EBITDA margin 18.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.16 Lakh
Issued & subscribed
Satisfied charges
₹2.14 Cr
No open charges
Company age
11 yrs
Est. 2015
Employees · EPFO
47
Provident fund records
About Navan Labs India Private Limited
Data last updated:
Navan Labs India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 23 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC084890. Its GSTIN is 29AAWCS5522J1ZM (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.16 Lakh. It was formerly known as Shorebird Technologies Private Limited. It is led by directors Sajit Chacko and Howard M Baik.
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 2024, the company reported a revenue of ₹29.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.4 Cr (net margin 11.7%) and EBITDA of ₹5.48 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 254% over three years and 76% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tripeur. As per MCA filings, the company has satisfied charges of ₹2.14 Cr on record. The company has 15 deals on record (5 convertible or debt financings, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹21.55 Cr; the latest was in June 2023. Its 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Kosher Climate India Private Limited with revenue of ₹29.56 Cr. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 341 overdue payments to 8 micro and small suppliers.
Navan Labs India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0082855). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tripeur.com.
Company Details of Navan Labs India Private Limited
CIN U72200KA2015PTC084890
Registration Number 084890
Incorporation Date 23 December 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0082855
Key People
Sajit Chacko Director Howard M Baik Director Recognitions & Rankings of Navan Labs India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressWework Galaxy 43 Residency Rd Shanthala Nagar, Ashok Nagar, Bangalore, Karnataka, India – 560025
- IndustryInternet, Online Service Marketplaces
Comprehensive company report
Navan Labs India 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Navan Labs India Private Limited
Navan Labs India operates one associated brand: Tripeur. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI and cloud-driven corporate travel management solutions are provided. | tripeur.com |
Business Activity of Navan Labs India Private Limited
The main business activity of Navan Labs India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Premium access
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 Navan Labs India Private Limited FY 2025 filings available
Navan Labs India Private Limited reported revenue of ₹29.14 Cr (up 677% YoY) for FY 2024.
Revenue · FY 2024
₹29.14 Cr ▲ 677%
Net profit · FY 2024
₹3.4 Cr margin 11.7%
EBITDA · FY 2024
₹5.48 Cr margin 18.8%
Compounded Annual Growth Rate (CAGR) of Navan Labs India Private Limited
Revenue CAGR growth
1 year
▲ 677%
3 years · compounded
▲ 254%
5 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▲ 301%
3 years · compounded
▲ 65%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 677% growth in the latest year. EBITDA rose 301% 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 Navan Labs India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.4 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 of Navan Labs India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Navan Labs India are in the company report.
Premium access
Financial statements from FY 2016
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.
Board of Directors of Navan Labs India Private Limited
Navan Labs India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajit Chacko Also directs: Reed & Mackay Travel India Private Limited | Director | 23 Dec 2015 | 10 Years 9 Months | Current |
| Howard M Baik | Director | 16 May 2023 | 3 Years 5 Months | Current |
Peer Comparison of Navan Labs India Private Limited
Navan Labs India Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kosher Climate India Private Limited | ₹29.56 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Hyderabad, Telangana, India |
| Chetanya Career Consultants Private Limited | ₹29.54 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Kurukshetra, Haryana, India |
| Edward Food Research & Analysis Centre Limited | ₹29.53 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Trufa Enterprise Private Limited | ₹29.37 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Hyderabad, Telangana, India |
| Simplify Growth Research & Consulting Private Limited | ₹29.32 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Navan Labs India Private Limited this company | ₹29.14 Cr (FY 2024) | •••• | •••• | 677.0% | •••• | Bangalore, Karnataka, India |
| Manmachine Car Care Private Limited | ₹29.11 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Delhi, India |
| Glatt (India) Engineering Private Limited | ₹29.06 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Manupatra Information Solutions Private Limited | ₹29.06 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Katalysst CPG Consultants LLP | ₹29.05 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Bangalore, Karnataka, India |
| Foodchain Id India Private Limited | ₹29 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Navan Labs India by revenue in the Consumer Services industry (Professional Services), 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 Navan Labs India Private Limited
Navan Labs India Private Limited is audited by Umesh Hegde for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Umesh Hegde | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Navan Labs India Private Limited
Premium access
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 Navan Labs India Private Limited
Open charges
None
Satisfied charges
₹2.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2022 | Others | ₹50 Lakh | Satisfied |
| 12 Oct 2022 | Others | ₹1.5 Cr | Satisfied |
| 24 Sep 2018 | Axis Bank Limited | ₹8.2 Lakh | Satisfied |
| 12 Feb 2018 | Others | ₹5.6 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Navan Labs India Private Limited
Navan Labs India Private Limited has 15 deals on record (5 convertible or debt financings, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹21.55 Cr; the latest was in June 2023.
Total deals
15
Convertible or debt financings
5
Funding rounds
4
Secondary share transfers
4
Acquisition
1
Disclosed funding
₹21.55 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Rights issue | ₹2.6 Cr | Investors: Navan Inc |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Navan Inc, Reed & Mackay Travel India Private Limited , an individual Seller: Incubate Fund India, LVX (LetsVenture), 2 individuals |
| May 2023 | Funding round | ₹4.2 Cr | Investors: Navan Inc |
| Apr 2023 | Acquisition | Undisclosed | Buyer: Navan Inc |
| Oct 2019 | Funding round · Pre-Series A | ₹6.18 Cr | Investors: LVX (LetsVenture), Survam Partners, The Patni Family Office |
Premium access
Full deal history
All 15 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.
MSME Payment Delays by Navan Labs India Private Limited
Navan Labs India Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 341 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Carzonrent (India) Private Limited | •••• | •••• | •••• |
Premium access
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Navan Labs India Private Limited
Navan Labs India Private Limited has a workforce of 47 employees as of Apr 04, 2024.
Employee count
47
Active EPFO establishments
1
Employee growth
88%
Premium access
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 Navan Labs India Private Limited
Navan Labs India Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Howard M Baik was appointed as Director on 16 May 2023.
AGM
Navan Labs India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Navan Labs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100270447 with Axis Bank Limited was fully satisfied on 27 Nov 2023.
Charges
A charge registered on 12 Oct 2022 via Charge ID 100647668 with Others was fully satisfied on 27 Oct 2023.
Charges
A charge registered on 12 Oct 2022 via Charge ID 100647686 with Others was fully satisfied on 27 Oct 2023.
Charges
A charge with Axis Bank Limited of Rs. 8.20 Lakh registered on 24 Sep 2018 with Charge ID 100270447 was modified on 26 May 2023.
Appointed
Howard M Baik was appointed as Director.
Ceased
Howard M Baik ceased to be Additional Director.
Ceased
Lloyd Mathias ceased to be Nominee Director.
Ceased
Nao Murakami ceased to be Nominee Director.
Ceased
Ram Bartov ceased to be Additional Director.
Ceased
Rocky Ashok Dayaramani ceased to be Nominee Director.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Navan Labs India Private Limited
Premium access
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.
Subsidiaries & Group Companies of Navan Labs India Private Limited
Premium access
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 Navan Labs India Private Limited
Navan Labs India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS5522J1ZM | Karnataka | Active | 01 Jul 2017 |
Premium access
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 Navan Labs India Private Limited
Premium access
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.
Related news about Navan Labs India Private Limited
Frequently Asked Questions about Navan Labs India Private Limited
Navan Labs India is an active private limited company based in Bangalore, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 23 December 2015 (11+ years old) and is registered under CIN U72200KA2015PTC084890.
Navan Labs India reported revenue of ₹29.14 Cr for FY 2024 (up 677% YoY).
Navan Labs India has 2 current directors:
- Sajit Chacko - Director
- Howard M Baik - Director
Navan Labs India reported a net profit of ₹3.4 Cr (net margin 11.7%) and EBITDA of ₹5.48 Cr (EBITDA margin 18.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Navan Labs India is 254% over three years and 76% over five years. In the latest year (FY 2024) revenue rose 677%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Navan Labs India is 29AAWCS5522J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Navan Labs India is U72200KA2015PTC084890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navan Labs India was incorporated on 23 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Navan Labs India has 15 deals on record (5 convertible or debt financings, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹21.55 Cr; the latest was in June 2023.
The peers of Navan Labs India by revenue are Kosher Climate India Private Limited, Chetanya Career Consultants Private Limited, Edward Food Research & Analysis Centre Limited, Trufa Enterprise Private Limited, Simplify Growth Research & Consulting Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Howard M Baik was appointed as Director on 16 May 2023. Howard M Baik ceased to be Additional Director on 16 May 2023. Lloyd Mathias ceased to be Nominee Director on 16 May 2023. Navan Labs India has 10 board changes on record in total.
Yes, Navan Labs India is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0082855).