
About Paralleldots Technology Private Limited
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Paralleldots Technology Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Paralleldots Inc. and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017FTC326321. Its GSTIN is 06AAJCP5428P1ZT (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankit Narayan Singh and Muktabh Mayank Srivastava.
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 14 2 Floor Arjun Nagar Safadrjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.7 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 7.3%) and EBITDA of ₹4.02 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 39% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Oogashop and ParallelDots.
Paralleldots Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0007907). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paralleldots.com.
Company details
Recognitions & Rankings of Paralleldots Technology
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0007907
Contact details
Paralleldots Technology Private Limited's registered office is in New Delhi, Delhi. Its website is paralleldots.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14 2 Floor Arjun Nagar Safadrjung Enclave, New Delhi, Delhi, India – 110029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Paralleldots Technology Private Limited, buy the company report.
- 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
Brands
Paralleldots Technology operates two associated brands: OOGASHOP and ParallelDots. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital software for billing, inventory, and ONDC integration in Indian retail stores. | ooga.shop | |
| AI-powered image recognition solutions are provided for retail businesses. | paralleldots.com |
Business activity
The main business activity of Paralleldots Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Paralleldots Technology Private Limited, buy the company report.
Financials of Paralleldots Technology Private Limited
FY 2025 filings availableParalleldots Technology Private Limited reported revenue of ₹27.7 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 14% growth in the latest year. EBITDA rose 31% 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
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| EBITDA | ₹4.02 Cr | ||||
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| Net Profit (PAT) | ₹2.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 7.3% | ||||
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To see the full financial statements and ratios of Paralleldots Technology Private Limited, buy the company report.
Board of directors of Paralleldots Technology Private Limited
Paralleldots Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Narayan Singh | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Muktabh Mayank Srivastava | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Paralleldots Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastweb IT Solutions Private Limited | ₹27.76 Cr (FY 2018) | Kolhapur, Maharashtra, India | ||||
| Roblox India Services Private Limited | ₹27.75 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Hotelogix India Private Limited | ₹27.75 Cr (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Techorbit Solutions Private Limited | ₹27.73 Cr (FY 2025) | 63.0% | Pune, Maharashtra, India | |||
| Blefotech IT Network Private Limited | ₹27.72 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Paralleldots Technology Private Limitedthis company | ₹27.7 Cr (FY 2025) | ₹2.01 Cr | 7.3% | 14.0% | 121 | New Delhi, Delhi, India |
| Pratyarpana Services Private Limited | ₹27.62 Cr (FY 2025) | 69.0% | Hyderabad, Telangana, India | |||
| Cantik Technologies Private Limited | ₹27.51 Cr (FY 2025) | 69.0% | Gurgaon, Haryana, India | |||
| V-Connect Systems & Services Private Limited | ₹27.5 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India | |||
| Oodles Technologies Private Limited | ₹27.48 Cr (FY 2025) | -22.0% | Gurugram, Haryana, India | |||
| Droisys India Private Limited | ₹27.41 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Paralleldots Technology Private Limited, buy the company report.
Auditor
Paralleldots Technology Private Limited is audited by Virendra Vyas & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virendra Vyas & Co. | FY 2023 | 005533N |
Shareholding
The shareholding of Paralleldots Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Paralleldots Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paralleldots Technology 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 Paralleldots Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paralleldots Technology Private Limited has a workforce of 121 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Paralleldots Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCP5428P1ZT | Haryana | Active | 03 Apr 2018 |
To see the full GST registrations and return filing status of Paralleldots Technology Private Limited, buy the company report.
Recent activity
Paralleldots Technology Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Angam Parashar ceased to be Director on 31 Jan 2023.
News
Frequently asked questions
Paralleldots Technology is an active foreign private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 November 2017 (9+ years old) and is registered under CIN U74999DL2017FTC326321.
Paralleldots Technology has 2 current directors:
- Ankit Narayan Singh - Director
- Muktabh Mayank Srivastava - Director
The latest financial statements of Paralleldots Technology 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 2018 are in the company report.
The GSTIN of Paralleldots Technology is 06AAJCP5428P1ZT, registered in Haryana.
The CIN (Corporate Identification Number) of Paralleldots Technology is U74999DL2017FTC326321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paralleldots Technology was incorporated on 22 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Paralleldots Technology by revenue are Fastweb IT Solutions Private Limited, Roblox India Services Private Limited, Hotelogix India Private Limited, Techorbit Solutions Private Limited, Blefotech IT Network Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Angam Parashar ceased to be Director on 31 Jan 2023. Ankit Narayan Singh was appointed as Director on 01 Dec 2020. Muktabh Mayank Srivastava was appointed as Director on 22 Nov 2017.
Yes, Paralleldots Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Paralleldots Technology is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0007907).
Paralleldots Technology can be reached through the website paralleldots.com. Its registered office is in New Delhi, Delhi, India.