Nulurn Edutech Private Limited

Nulurn Edutech Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U80300KA2017PTC105610 Incorporated 17 August 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet Startup India MSME · Micro
Data last updated
Revenue · FY 2023
₹2.08 Cr
▼ 16% YoY
Net loss · FY 2023
₹1.81 Cr
Net margin -87%
EBITDA · FY 2023
-₹42.46 Lakh
EBITDA margin -20.4%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.41 Cr
Issued & subscribed
Open charges
₹1.22 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
6
Provident fund records

About Nulurn Edutech Private Limited

Data last updated:

Nulurn Edutech Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 17 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80300KA2017PTC105610. Its GSTIN is 29AAFCN7454F1Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.41 Cr. It is led by directors including Shivkumar Janardhanan and Kunigal Narasimhamurthachar Vibhakara.

Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sri Sai Square No. 3 3rd Floor Malagala 8th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.08 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.81 Cr (net margin -87%) and EBITDA of -₹42.46 Lakh (EBITDA margin -20.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.

The company has about 6 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: LearnCab. As per MCA filings, the company has open charges of ₹1.22 Cr on record. The company has 15 deals on record (6 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in December 2021.

Nulurn Edutech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0010864). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website learncab.com.

Company details

CIN U80300KA2017PTC105610
Registration Number 105610
Incorporation Date 17 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0010864

Recognitions & Rankings of Nulurn Edutech

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0010864

Contact details

Nulurn Edutech Private Limited's registered office is in Bangalore, Karnataka. Its website is learncab.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    Sri Sai Square No. 3 3rd Floor Malagala 8th Block Nagarbhavi 2nd Stage, Bangalore, Karnataka, India – 560072
  • Industry
    Internet, Online Education & Learning Platforms

To see the full contact details of Nulurn Edutech Private Limited, buy the company report.

Comprehensive company report
Nulurn Edutech 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
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Brands

Nulurn Edutech operates one associated brand: LearnCab. Each brand links to its own profile.

BrandDescriptionWebsite
Video-based courses for CA, CS, and CMA are delivered online.learncab.com

Business activity

The main business activity of Nulurn Edutech is education. In detail, this covers higher education, technical & vocational education.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
PEducationP2Higher education, technical & vocational education

To see the full business activity and turnover split of Nulurn Edutech Private Limited, buy the company report.

Financials of Nulurn Edutech Private Limited

FY 2023 filings available

Nulurn Edutech Private Limited reported revenue of ₹2.08 Cr (down 16% YoY) for FY 2023.

Revenue · FY 2023
₹2.08 Cr ▼ 16%
Net loss · FY 2023
₹1.81 Cr margin -87%
EBITDA · FY 2023
-₹42.46 Lakh margin -20.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 36%

Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 56% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹42.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.81 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-20.4%
Net Profit Margin-87%
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

To see the full financial statements and ratios of Nulurn Edutech Private Limited, buy the company report.

Board of directors of Nulurn Edutech Private Limited

Nulurn Edutech has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shivkumar JanardhananDirector03 Jun 20197 Years 4 MonthsCurrent
Kunigal Narasimhamurthachar VibhakaraDirector17 Aug 20179 Years 2 MonthsCurrent
Hardur Manjunatha DattatriDirector17 Feb 20206 Years 8 MonthsCurrent
Alfred David KanjirakkattDirector22 Oct 20188 Years 0 MonthsCurrent
Swaroop SuryanarayanaAdditional Director16 Apr 20215 Years 6 MonthsCurrent
Nadimpalli Varaprasad RajuDirector26 Nov 20187 Years 11 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Nulurn Edutech Private Limited is audited by THULASI AND CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
THULASI AND COFY 2022012632S

Shareholding

The shareholding of Nulurn Edutech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nulurn Edutech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹1.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Nov 2018100218463Indian Bank₹1.22 CrOpen

To see the full charge records of Nulurn Edutech Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Nulurn Edutech Private Limited has 15 deals on record (6 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in December 2021.

Total deals
15
Secondary share transfers
6
Rights issues
5
Funding rounds
4
Disclosed funding
₹3.25 Cr

Deals on record (5 of 15)

WhenDealAmountParties
Dec 2021Rights issue₹60 LakhInvestors: Turbostart, 3 individuals
Sep 2020Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 3 individuals
Jul 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Apr 2020Rights issue₹2.98 CrInvestors: Turbostart
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Nulurn Edutech Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nulurn Edutech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nulurn Edutech Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-62.5%

GST

Nulurn Edutech has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAFCN7454F1Z6KarnatakaActive20 Oct 2017

To see the full GST registrations and return filing status of Nulurn Edutech Private Limited, buy the company report.

Recent activity

Nulurn Edutech Private Limited has 15 board changes on record since 2017: 7 appointments and 8 cessations. The latest: Swaroop Suryanarayana was appointed as Additional Director on 16 Apr 2021.

AGM
Nulurn Edutech Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Filing
Nulurn Edutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Indian Bank of Rs. 1.22 Cr registered on 02 Nov 2018 with Charge ID 100218463 was modified on 29 Dec 2021.
Appointed
Swaroop Suryanarayana was appointed as Additional Director.
Ceased
Hardur Manjunatha Dattatri ceased to be Additional Director.
Appointed
Hardur Manjunatha Dattatri was appointed as Director.
Ceased
Hiten Kantilal Motani ceased to be Additional Director.
Ceased
Kavin Vipul Motani ceased to be Additional Director.
Ceased
Nadimpalli Varaprasad Raju ceased to be Additional Director.
Ceased
Shivkumar Janardhanan ceased to be Additional Director.
Appointed
Shivkumar Janardhanan was appointed as Director.
Appointed
Nadimpalli Varaprasad Raju was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Nulurn Edutech is an active private limited company based in Bangalore, Karnataka, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 17 August 2017 (9+ years old) and is registered under CIN U80300KA2017PTC105610.

Nulurn Edutech has 7 current directors:

The latest financial statements of Nulurn Edutech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Nulurn Edutech is 29AAFCN7454F1Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Nulurn Edutech is U80300KA2017PTC105610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nulurn Edutech was incorporated on 17 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Nulurn Edutech has 15 deals on record (6 secondary share transfers, 5 rights issues, 4 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in December 2021.

Swaroop Suryanarayana was appointed as Additional Director on 16 Apr 2021. Hardur Manjunatha Dattatri ceased to be Additional Director on 25 Sep 2020. Hardur Manjunatha Dattatri was appointed as Director on 17 Feb 2020. Nulurn Edutech has 15 board changes on record in total.

Yes, Nulurn Edutech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Nulurn Edutech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0010864).