Net Zero Initiative Private Limited
About Net Zero Initiative Private Limited
Data last updated:
Net Zero Initiative Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 06 May 2024.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74909KA2024PTC188240.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogendra Arvindbhai Panchal and Abhimanyu Dinesh Rathi.
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 ₹1.52 Lakh. For the same year it recorded a net loss of ₹13.2 Lakh and EBITDA of -₹13.16 Lakh.
The company is associated with 1 brand: ReNewCred. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4.25 Cr; the latest was in January 2026.
Company details
Contact details
Net Zero Initiative Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address91 Springboard Business Hub Pvt Ltd Gopala Krishna Complex, No. 45/3 Residency Road Mahatma Gandhi Road, Bangalore, Karnataka, India – 560025
- IndustryBusiness Services, Miscellaneous Business Activities
- 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
Net Zero Initiative operates one associated brand: ReNewCred. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of a carbon credit platform | renewcred.com |
Financials of Net Zero Initiative Private Limited
FY 2025 filings availableNet Zero Initiative Private Limited reported revenue of ₹1.52 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 |
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| EBITDA | -₹13.16 Lakh |
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| Net Profit (PAT) | -₹13.2 Lakh |
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Financial Ratios
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To see the full financial statements and ratios of Net Zero Initiative Private Limited, buy the company report.
Board of directors of Net Zero Initiative Private Limited
Net Zero Initiative has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogendra Arvindbhai Panchal | Director | 09 Sep 2024 | 2 Years 1 Months | Current |
| Abhimanyu Dinesh Rathi | Director | 06 May 2024 | 2 Years 5 Months | Current |
Deals & funding
Net Zero Initiative Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4.25 Cr; the latest was in January 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Funding round · Seed | ₹4.25 Cr | Investors: Ahmedabad University VentureStudio, Ideashacks Investor Network, Campus Angels Network |
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 Net Zero Initiative 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 Net Zero Initiative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Net Zero Initiative Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Net Zero Initiative Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Yogendra Arvindbhai Panchal ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Net Zero Initiative is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 06 May 2024 (2+ years old) and is registered under CIN U74909KA2024PTC188240.
Net Zero Initiative has 2 current directors:
- Yogendra Arvindbhai Panchal - Director
- Abhimanyu Dinesh Rathi - Director
The latest financial statements of Net Zero Initiative 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 2025 are in the company report.
The CIN (Corporate Identification Number) of Net Zero Initiative is U74909KA2024PTC188240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net Zero Initiative was incorporated on 06 May 2024, making it 2+ years old. It is registered with the Registrar of Companies, Bangalore.
Net Zero Initiative has 1 deal on record (1 funding round), with disclosed funding of ₹4.25 Cr; the latest was in January 2026.
Yogendra Arvindbhai Panchal ceased to be Additional Director on 29 Sep 2025. Niranjan Ayyar ceased to be Director on 09 Sep 2024. Yogendra Arvindbhai Panchal was appointed as Director on 09 Sep 2024. Net Zero Initiative has 4 board changes on record in total.
The registered office of Net Zero Initiative is at 91 Springboard Business Hub Pvt Ltd Gopala Krishna Complex, No. 453 Residency Road Mahatma Gandhi Road, Bangalore, Karnataka, India – 560025.
Net Zero Initiative operates in the business services industry, in the miscellaneous business activities segment.
Net Zero Initiative has 1 associated brand: Renewcred.