
About Palaestra Technologies Private Limited
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Palaestra Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 30 July 2021.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC150136. Its GSTIN is 29AAMCP1765G1Z1 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.24 Lakh. It is led by directors including Rajesh Rebala and Anurag Choudhary.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 3/1 – A – 1 16th Main Road Hal 2nd Stage Kodihalli, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.93 Lakh. For the same year it recorded a net loss of ₹4.39 Cr and EBITDA of -₹4.34 Cr.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wakao. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹18.4 Cr; the latest was in October 2021. Its 10 peer companies in the Media and Publishing industry (Advertising Agencies) are compared by revenue, 5 larger and 5 smaller; the largest is Team Od Private Limited with revenue of ₹23.06 Lakh.
The last known website on record is wakao.app.
Company details
Recognitions & Rankings of Palaestra Technologies
Contact details
Palaestra Technologies Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 3/1 – A – 1 16th Main Road Hal 2nd Stage Kodihalli, Bangalore, Karnataka, India – 560068
- IndustryMedia and Publishing, Advertising Agencies & Media Services
- 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
Financials of Palaestra Technologies Private Limited
FY 2022 filings availablePalaestra Technologies Private Limited reported revenue of ₹22.93 Lakh for FY 2022.
Financial Statement Summary
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| EBITDA | -₹4.34 Cr |
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| Net Profit (PAT) | -₹4.39 Cr |
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Financial Ratios
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To see the full financial statements and ratios of Palaestra Technologies Private Limited, buy the company report.
Board of directors of Palaestra Technologies Private Limited
Palaestra Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rebala Also directs: Oddpots Foods LLP, Unreal Foods Private Limited | Director | 30 Jul 2021 | 5 Years 2 Months | As last reported |
| Anurag Choudhary Also directs: Dogster Technologies Private Limited | Director | 30 Jul 2021 | 5 Years 2 Months | As last reported |
| Jayagopal Venkataraman | Irp/Rp/Liquidator | 24 Apr 2023 | 3 Years 5 Months | As last reported |
Peer comparison
Palaestra Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Team Od Private Limited | ₹23.06 Lakh (FY 2025) | -83.0% | Gurgaon, Haryana, India | |||
| Zubin Mart Private Limited | ₹23.05 Lakh (FY 2024) | -47.0% | Bhubaneswar, Odisha, India | |||
| Elev8 Brand Identiti Private Limited | ₹23.03 Lakh (FY 2022) | 44.0% | Thane, Maharashtra, India | |||
| Dreams International Infosoft Solutions Private Limited | ₹22.98 Lakh (FY 2024) | 124.0% | Pune, Maharashtra, India | |||
| Webcobblers Business Solutions Private Limited | ₹22.98 Lakh (FY 2024) | -13.0% | New Delhi, Delhi, India | |||
| Palaestra Technologies Private Limitedthis company | ₹22.93 Lakh (FY 2022) | -₹4.39 Cr | Bangalore, Karnataka, India | |||
| Mediaghar Digital Private Limited | ₹22.9 Lakh (FY 2025) | 30.0% | Bangalore, Karnataka, India | |||
| Protocol Leads Infotech Private Limited | ₹22.87 Lakh (FY 2025) | 282.0% | Kolhapur, Maharashtra, India | |||
| Yugasmita Innovations Private Limited | ₹22.85 Lakh (FY 2025) | -55.0% | Surat, Gujarat, India | |||
| Innovbit Technologies (OPC) Private Limited | ₹22.79 Lakh (FY 2024) | 16.0% | Lucknow, Uttar Pradesh, India | |||
| Tej Solpro Digital Private Limited | ₹22.79 Lakh (FY 2024) | -8.0% | Viramgam, Gujarat, India |
To see the full peer comparison of Palaestra Technologies Private Limited, buy the company report.
Deals & funding
Palaestra Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹18.4 Cr; the latest was in October 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round · Seed | ₹18.34 Cr | Investors: Elevation Capital (SAIF Partners), Accel India, Whiteboard Capital |
| Oct 2021 | Funding round | ₹6.4 Lakh | Investors: Elevation Capital (SAIF Partners), Accel India |
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 Palaestra 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 Palaestra Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palaestra Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP1765G1Z1 | Karnataka | Active | 16 Nov 2021 |
To see the full GST registrations and return filing status of Palaestra Technologies Private Limited, buy the company report.
Recent activity
Palaestra Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 24 Apr 2023.
Frequently asked questions
Palaestra Technologies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Palaestra Technologies is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 30 July 2021 and is registered under CIN U72900KA2021PTC150136. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Palaestra Technologies has 3 current directors:
- Rajesh Rebala - Director
- Anurag Choudhary - Director
- Jayagopal Venkataraman - Irp/Rp/Liquidator
The latest financial statements of Palaestra Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 December 2022. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Palaestra Technologies is U72900KA2021PTC150136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palaestra Technologies was incorporated on 30 July 2021. It is registered with the Registrar of Companies, Bangalore.
Palaestra Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹18.4 Cr; the latest was in October 2021.
The peers of Palaestra Technologies by revenue are Team Od Private Limited, Zubin Mart Private Limited, Elev8 Brand Identiti Private Limited, Dreams International Infosoft Solutions Private Limited, Webcobblers Business Solutions Private Limited and 5 more, all in the Media and Publishing industry (Advertising Agencies).
Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 24 Apr 2023. Anurag Choudhary was appointed as Director on 30 Jul 2021. Rajesh Rebala was appointed as Director on 30 Jul 2021.
Yes, Palaestra Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Palaestra Technologies can be reached through the website wakao.app. Its registered office is in Bangalore, Karnataka, India.