
About Palaestra Technologies Private Limited
Data last updated:
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.
Recognitions & Rankings of Palaestra Technologies
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
- One PDF report, delivered after checkout
Financials of Palaestra Technologies Private Limited FY 2022 filings available
Palaestra Technologies Private Limited reported revenue of ₹22.93 Lakh for FY 2022.
Financial Statement Summary of Palaestra Technologies Private Limited
| Metrics | FY 2021-22 |
|---|---|
| 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 | -₹4.34 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹4.39 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 of Palaestra Technologies Private Limited
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palaestra Technologies are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Palaestra Technologies Private Limited
Palaestra Technologies Private Limited is compared with the companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹22.93 Lakh (FY 2022) | •••• | •••• | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Palaestra Technologies by revenue in the Media and Publishing industry (Advertising Agencies), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Palaestra Technologies Private Limited
Palaestra Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Palaestra Technologies Private Limited
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 |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Palaestra Technologies Private Limited
Employment history and EPFO contributions of people linked to Palaestra Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Palaestra Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Palaestra Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palaestra Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palaestra Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Palaestra Technologies Private Limited
Palaestra Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP1765G1Z1 | Karnataka | Active | 16 Nov 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palaestra Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Palaestra Technologies Private Limited
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 reported revenue of ₹22.93 Lakh for FY 2022.
Palaestra Technologies has 3 current directors:
- Rajesh Rebala - Director
- Anurag Choudhary - Director
- Jayagopal Venkataraman - Irp/Rp/Liquidator
Palaestra Technologies reported a net loss of ₹4.39 Cr and EBITDA of -₹4.34 Cr for FY 2022, as per its filed financial statements.
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).