India's Richest People 2026 edition · 1 director · Source: Hurun India
- #540 Varun Alagh & family ₹6,300 Cr
NXG Innovation Labs LLP
NXG Innovation Labs LLP - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Active Limited Liability Partnership information technology
Contribution obligation
₹1.67 Cr
As per LLP agreement
LLP age
4 yrs
Est. 2022
Designated partners
31
As per MCA filings
Last financials
Mar 2024
Balance sheet date
LLP status
Active
MCA master data
Registrar
Bangalore
ROC office
Incorporated
31 Jan 2022
Date of incorporation
Entity type
LLP
As registered with MCA
About NXG Innovation Labs LLP
Data last updated:
NXG Innovation Labs LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 31 January 2022.
Its director Varun Alagh and family are #540 among India's richest people (2026).
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN ABA-4405.
The LLP has a total obligation of contribution of ₹1.67 Cr. It is led by designated partners including Poonam Ajay Prabhu and Nikhil Jois Rama Babu.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
Company Details of NXG Innovation Labs LLP
LLPIN ABA-4405
Incorporation Date 31 January 2022
Total Obligation of Contribution ₹1.67 Cr
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
Recognitions & Rankings of NXG Innovation Labs
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address4th Floor Clayworks Shankaraa H And G Shankaraa, Doddakallasandra, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Computer Related Activities
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Financials of NXG Innovation Labs LLP FY 2024 filings available
Financial Statement Summary of NXG Innovation Labs LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• |
| 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 of NXG Innovation Labs LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of NXG Innovation Labs are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Designated Partners of NXG Innovation Labs LLP
NXG Innovation Labs has 31 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Ajay Prabhu Also directs: Mejor Realty LLP, Saludbien Consulting LLP, Twin and Bull Fine Arts Private Limited and 1 more | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
| Nikhil Jois Rama Babu | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
| Tanmay Arun Bhat | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
| Jassil Jamaludhin Also directs: Bottle Software Solutions LLP, Textile Ninety One LLP | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
| Tanveer Sanjay Sure Also directs: Red Hippo Ventures LLP | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
| Madhusudan Ekambaram Also directs: VMD Investment Services LLP, Krazybee Services Limited, Finnovation Tech Solutions Private Limited and 1 more | Partner | 09 Jul 2022 | 4 Years 3 Months | Current |
Showing 6 of 31 current designated partners. View all designated partners
Charges & Borrowings of NXG Innovation Labs LLP
NXG Innovation Labs LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at NXG Innovation Labs LLP
Employment history and EPFO contributions of people linked to NXG Innovation Labs.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on NXG Innovation Labs LLP
NXG Innovation Labs LLP has 33 designated partner changes on record since 2022: 31 appointments and 2 cessations. The latest: Anshul Rai was appointed as Partner on 09 Jul 2022.
AGM
Nxg Innovation Labs Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Nxg Innovation Labs Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Anshul Rai was appointed as Partner.
Appointed
Ashish Khandelwal was appointed as Partner.
Appointed
Ayush Shukla was appointed as Partner.
Appointed
Azariah Kerketta was appointed as Partner.
Appointed
Bharath Shankar Minazigy was appointed as Partner.
Appointed
Devashish Chakravarty was appointed as Partner.
Appointed
Dhyanesh Bharat Shah was appointed as Partner.
Appointed
Jassil Jamaludhin was appointed as Partner.
Appointed
Madhusudan Ekambaram was appointed as Partner.
Appointed
Manish Kumar was appointed as Partner.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for NXG Innovation Labs LLP
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by NXG Innovation Labs LLP
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of NXG Innovation Labs LLP
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of NXG Innovation Labs LLP
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of NXG Innovation Labs LLP
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about NXG Innovation Labs LLP
NXG Innovation Labs is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in computer related activities, within the information technology industry. It was incorporated on 31 January 2022 (4+ years old) and is registered under LLPIN ABA-4405.
NXG Innovation Labs has 31 current designated partners:
- Poonam Ajay Prabhu - Partner
- Nikhil Jois Rama Babu - Partner
- Tanmay Arun Bhat - Partner
- Jassil Jamaludhin - Partner
- Tanveer Sanjay Sure - Partner
- Madhusudan Ekambaram - Partner
- Varun Alagh - Partner
- Dhyanesh Bharat Shah - Partner
- Anshul Gupta - Designated Partner
- Shashank Chimaladari - Partner
- Devashish Chakravarty - Partner
- Utkarsh Gupta - Partner
- Ankita Dinkar Shastri - Partner
- Jatin Motilal Pareek - Partner
- Udit Gupta - Partner
- Rahul Maheshwari - Partner
- Sandeep Kumar Katiyar - Partner
- Ayush Shukla - Partner
- Nagendra Kumar - Partner
- Bharath Shankar Minazigy - Partner
- Ashish Khandelwal - Partner
- Vaibhav Vardhan - Partner
- Sharan Balakrishna Hegde - Partner
- Prashant Roy Sharma - Partner
- Nishant Kishore Prasad - Partner
- Anshul Rai - Partner
- Ajinkya Mukund Kulkarni - Designated Partner
- Samarth Tandon - Partner
- Margapuri Prasanna Rao - Partner
- Manish Kumar - Partner
- Azariah Kerketta - Partner
The LLPIN (Limited Liability Partnership Identification Number) of NXG Innovation Labs is ABA-4405. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
NXG Innovation Labs was incorporated on 31 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Anshul Rai was appointed as Partner on 09 Jul 2022. Ashish Khandelwal was appointed as Partner on 09 Jul 2022. Ayush Shukla was appointed as Partner on 09 Jul 2022. NXG Innovation Labs has 33 designated partner changes on record in total.
The registered office of NXG Innovation Labs is at 4th Floor Clayworks Shankaraa H And G Shankaraa, Doddakallasandra, Bangalore, Karnataka, India – 560062.
The total obligation of contribution is ₹1.67 Cr.
NXG Innovation Labs operates in the information technology industry, in the computer related activities segment.
NXG Innovation Labs can be reached at its registered office: 4th Floor Clayworks Shankaraa H And G Shankaraa, Doddakallasandra, Bangalore, Karnataka, India – 560062.
NXG Innovation Labs is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.