
About New Street Technologies Private Limited
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New Street Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC105358. Its GSTIN is 29AAFCN7342A1ZL (Karnataka).
The company has an authorised share capital of ₹3.32 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors including Sajeev Viswanathan (Managing Director) and Sindhu Viswanathan.
Its last annual general meeting (AGM) was held on 21 August 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 2025, the company reported a revenue of ₹56.72 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹34.15 Cr (net margin -60.2%) and EBITDA of -₹27.74 Cr (EBITDA margin -48.9%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 78% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: New Street Tech. As per MCA filings, the company has open charges of ₹5.5 Cr on record. The company has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is RJT Compusolutions Private Limited with revenue of ₹57 Cr.
New Street Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0024008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newstreettech.com.
Company details
Recognitions & Rankings of New Street Technologies
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0024008
Contact details
New Street Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is newstreettech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 77 1st Floor Wind Tunnel Rd, Muniyappa Layout Murgesh Palya, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of New Street Technologies Private Limited, 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
New Street Technologies operates one associated brand: New Street Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain-based loan lifecycle management suite | newstreettech.com |
Business activity
The main business activity of New Street Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of New Street Technologies Private Limited, buy the company report.
Financials of New Street Technologies Private Limited
FY 2024 filings availableNew Street Technologies Private Limited reported revenue of ₹56.72 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 78%. EBITDA fell 205% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹27.74 Cr | ||||
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| Net Profit (PAT) | -₹34.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -48.9% | ||||
| Net Profit Margin | -60.2% | ||||
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To see the full financial statements and ratios of New Street Technologies Private Limited, buy the company report.
Board of directors of New Street Technologies Private Limited
New Street Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sindhu Viswanathan Also directs: Kanjira Investments & Consulting Private Limited | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
| Sajeev Viswanathan | Managing Director | 07 Aug 2017 | 9 Years 2 Months | Current |
| Mohit Davar | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Shrish Lal | Additional Director | 25 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
New Street Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RJT Compusolutions Private Limited | ₹57 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Tesync Technology Private Limited | ₹56.97 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| Loantap Financial Technologies Private Limited | ₹56.97 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Ims Health Technology Solutions India Private Limited | ₹56.91 Cr (FY 2018) | -6.0% | Bangalore, Karnataka, India | |||
| Quovantis Technologies Private Limited | ₹56.8 Cr (FY 2021) | 8.0% | Bangalore, Karnataka, India | |||
| New Street Technologies Private Limitedthis company | ₹56.72 Cr (FY 2025) | -₹34.15 Cr | -60.2% | -21.0% | 108 | Bangalore, Karnataka, India |
| Regeneron India Private Limited | ₹56.72 Cr (FY 2025) | 76.0% | Bangalore, Karnataka, India | |||
| Fortinet Innovation Centre India Private Limited | ₹56.7 Cr (FY 2017) | 24.0% | Bangalore, Karnataka, India | |||
| Bamko India Private Limited | ₹56.67 Cr (FY 2024) | 19.0% | Dehradun, Uttarakhand, India | |||
| Automated Workflow Private Limited | ₹56.65 Cr (FY 2023) | -30.0% | Bangalore, Karnataka, India | |||
| Commscope Technologies India Private Limited | ₹56.59 Cr (FY 2025) | 211.0% | Bangalore, Karnataka, India |
To see the full peer comparison of New Street Technologies Private Limited, buy the company report.
Auditor
New Street Technologies Private Limited is audited by NAGARAJAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJAN & CO. | FY 2023 | 002307S |
Shareholding
The shareholding of New Street Technologies Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of New Street Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101198149 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 29 Mar 2021 | 100434100 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
New Street Technologies Private Limited has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round · Series A | ₹5 Cr | Investors: Unitus Ventures |
| Jan 2018 | Funding round · Pre-Series A | ₹2 Cr | Investors: 2 individuals |
| Nov 2017 | Funding round · Seed | ₹1.2 Cr | Investors: T & J Capital Group FZ LLE |
| Nov 2017 | Acquisition | ₹79 Lakh | Buyer: an individual |
To see the full deal history of New Street Technologies 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 New Street Technologies 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 New Street Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Street Technologies Private Limited has a workforce of 108 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
New Street Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN7342A1ZL | Karnataka | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of New Street Technologies Private Limited, buy the company report.
Recent activity
New Street Technologies Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Shrish Lal was appointed as Additional Director on 25 Jul 2025.
News
Frequently asked questions
New Street Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under CIN U72900KA2017PTC105358.
New Street Technologies has 4 current directors:
- Sajeev Viswanathan - Managing Director
- Sindhu Viswanathan - Director
- Mohit Davar - Director
- Shrish Lal - Additional Director
The latest financial statements of New Street Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 August 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of New Street Technologies is 29AAFCN7342A1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of New Street Technologies is U72900KA2017PTC105358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Street Technologies was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
New Street Technologies has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021.
The peers of New Street Technologies by revenue are RJT Compusolutions Private Limited, Tesync Technology Private Limited, Loantap Financial Technologies Private Limited, Ims Health Technology Solutions India Private Limited, Quovantis Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Shrish Lal was appointed as Additional Director on 25 Jul 2025. Sajeev Viswanathan ceased to be Director on 01 Jun 2022. Mohit Davar was appointed as Director on 25 Oct 2017. New Street Technologies has 5 board changes on record in total.
Yes, New Street Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, New Street Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0024008).