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Onionlife Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.5 Cr
▲ 34% YoY
Net loss · FY 2025
₹15.82 Cr
Net margin -166.6%
EBITDA · FY 2025
-₹17.31 Cr
EBITDA margin -182.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.82 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Onionlife Private Limited
Data last updated:
Onionlife Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC133300. Its GSTIN is 29AADCO1409M1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.82 Lakh. It is led by directors including Naveen Kumar Budda and Rohit Kumar 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 Sector 1, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.5 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹15.82 Cr (net margin -166.6%) and EBITDA of -₹17.31 Cr (EBITDA margin -182.2%). Revenue has grown at a compounded annual rate (CAGR) of 173% over three years.
The company is associated with 1 brand: KarmaLife. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 4 cases are pending. The company has 7 deals on record (4 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹67.08 Cr; the latest was in June 2023. The company has 5 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 5 micro and small suppliers.
Onionlife Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0173630). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karmalife.ai.
Company details
CIN U72900KA2020PTC133300
Registration Number 133300
Incorporation Date 12 March 2020
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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0173630
Key People
Abhishek Kumar Additional Director Naveen Kumar Budda Director Rohit Kumar Rathi Director Recognitions & Rankings of Onionlife
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0173630
Contact details
Onionlife Private Limited's registered office is in Bangalore, Karnataka. Its website is karmalife.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1500 First Floor, 19th Main Road Sector 1, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Onionlife Private Limited, buy the company report.
Comprehensive company report
Onionlife 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
Onionlife operates one associated brand: KarmaLife. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Subscription-based payday loans are provided to blue-collar workers digitally. | karmalife.ai |
Business activity
The main business activity of Onionlife 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 Onionlife Private Limited, buy the company report.
Financials of Onionlife Private Limited
FY 2025 filings availableOnionlife Private Limited reported revenue of ₹9.5 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹9.5 Cr ▲ 34%
Net loss · FY 2025
₹15.82 Cr margin -166.6%
EBITDA · FY 2025
-₹17.31 Cr margin -182.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 173%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 50%
Revenue has grown at a compounded annual rate (CAGR) of 173% over three years, including 34% growth in the latest year. EBITDA fell 21% 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 | -₹17.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -182.2% | ||||
| Net Profit Margin | -166.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Onionlife Private Limited, buy the company report.
Board of directors of Onionlife Private Limited
Onionlife has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Kumar Also directs: G1 Offshore & Marine Private Limited, 1950 Ventures Advisors India Private Limited, Indihood Private Limited and 1 more | Additional Director | 07 Jul 2026 | 0 Years 3 Months | Current |
| Naveen Kumar Budda | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
| Rohit Kumar Rathi | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Onionlife Private Limited is audited by SBSS & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBSS & Co LLP | FY 2024 | 015735S/S200035 |
Shareholding
The shareholding of Onionlife Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Onionlife Private Limited, buy the company report.
Deals & funding
Onionlife Private Limited has 7 deals on record (4 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹67.08 Cr; the latest was in June 2023.
Total deals
7
Funding rounds
4
Secondary share transfer
1
Convertible or debt financing
1
Rights issue
1
Disclosed funding
₹67.08 Cr
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round · Pre-Series A | ₹44 Cr | Investors: Netgraph Investments, Singularity Venture, LogX Ventures |
| Jun 2020 | Funding round | ₹95 Lakh | Investors: Peak XV Partners (Sequoia India and SEA), 3 individuals |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2020 | Rights issue | ₹20,000 | Investors: 2 individuals |
To see the full deal history of Onionlife 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
Onionlife Private Limited has 10 court cases on record: 6 filed by Onionlife, 4 filed against it. 4 cases are pending and 6 are disposed.
Total cases
10
Filed by the company
6
Filed against the company
4
Pending
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S. Large Logic Pvt. Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Trocko Logi Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Reinvent Agrochain Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Mavlikraft Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Mavlikraft Technologies Private Limited | Disposed |
To see the full case history of Onionlife Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Onionlife Private Limited has 5 MSME Form 1 returns on record between 2021 and 2023, listing 27 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Innofin Solutions Private Limited | |||
| Labournet Services India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Onionlife Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Onionlife has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO1409M1Z9 | Karnataka | Active | 14 May 2020 |
To see the full GST registrations and return filing status of Onionlife Private Limited, buy the company report.
Recent activity
Onionlife Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Abhishek Kumar was appointed as Additional Director on 07 Jul 2026.
Appointed
Abhishek Kumar was appointed as Additional Director.
AGM
Onionlife Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Onionlife Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Naveen Kumar Budda was appointed as Director.
Appointed
Rohit Kumar Rathi was appointed as Director.
Incorporation
12 Mar 2020
Onionlife Private Limited was registered on 12 Mar 2020 with Roc Bangalore & aged 6 years 7 months as per MCA records.
News
Frequently asked questions
Onionlife is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 March 2020 (6+ years old) and is registered under CIN U72900KA2020PTC133300.
Onionlife has 3 current directors:
- Abhishek Kumar - Additional Director
- Naveen Kumar Budda - Director
- Rohit Kumar Rathi - Director
The latest financial statements of Onionlife 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 2020 are in the company report.
The GSTIN of Onionlife is 29AADCO1409M1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Onionlife is U72900KA2020PTC133300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onionlife has 10 court cases on record: 6 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
Onionlife was incorporated on 12 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Onionlife has 7 deals on record (4 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹67.08 Cr; the latest was in June 2023.
Abhishek Kumar was appointed as Additional Director on 07 Jul 2026. Naveen Kumar Budda was appointed as Director on 12 Mar 2020. Rohit Kumar Rathi was appointed as Director on 12 Mar 2020.
Yes, Onionlife is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Onionlife is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0173630).