About Picsart Technologies India Private Limited
Data last updated:
Picsart Technologies India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Picsart Inc. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021FTC148095. Its GSTIN is 29AAMCP0385Q1ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Hovhannes Avoyan and Sannidhi Purushotham.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.65 Lakh. For the same year it recorded a net loss of ₹13.03 Lakh (net margin -122.3%) and EBITDA of -₹13.03 Lakh (EBITDA margin -122.3%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PicsArt. The company has 1 deal on record (1 rights issue); the latest was in December 2021. The company has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.
For more details, the company can be reached via its website picsart.com.
Company details
Contact details
Picsart Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is picsart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#235 Binnamangala 2nd Floor, 13th Cross Road 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Picsart Technologies India 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
Picsart Technologies India operates one associated brand: PicsArt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Photos and videos are edited using AI-assisted tools and stickers. | picsart.com |
Business activity
The main business activity of Picsart Technologies India 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 |
Financials of Picsart Technologies India Private Limited
FY 2025 filings availablePicsart Technologies India Private Limited reported revenue of ₹10.65 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over three years. EBITDA fell 136% 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 |
|---|---|---|---|---|
| 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 | -₹13.03 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13.03 Lakh | |||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -122.3% | |||
| Net Profit Margin | -122.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Picsart Technologies India Private Limited, buy the company report.
Board of directors of Picsart Technologies India Private Limited
Picsart Technologies India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hovhannes Avoyan | Director | 03 Jun 2021 | 5 Years 4 Months | Current |
| Sannidhi Purushotham Also directs: Wera Cafetria Foods Private Limited, Wellable India Private Limited, Workspot Private Limited and 4 more | Director | 03 Jun 2021 | 5 Years 4 Months | Current |
| Laura Lynn Kilian | Additional Director | 03 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Picsart Technologies India Private Limited is audited by J A A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A A & Associates | FY 2023 | 0136995 |
Shareholding
The shareholding of Picsart Technologies India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Picsart Technologies India Private Limited, buy the company report.
Deals & funding
Picsart Technologies India Private Limited has 1 deal on record (1 rights issue); the latest was in December 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹70 Lakh | Investors: Picsart Inc |
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 Picsart Technologies India 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
Picsart Technologies India Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Greytip Software Private Limited |
To see the full MSME payment records of Picsart Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Picsart Technologies India Private Limited has a workforce of 15 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Picsart Technologies India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP0385Q1ZI | Karnataka | Active | 03 Jun 2021 |
To see the full GST registrations and return filing status of Picsart Technologies India Private Limited, buy the company report.
Recent activity
Picsart Technologies India Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Laura Lynn Kilian was appointed as Additional Director on 03 Dec 2025.
News
Frequently asked questions
Picsart Technologies India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 June 2021 (5+ years old) and is registered under CIN U72900KA2021FTC148095.
Picsart Technologies India has 3 current directors:
- Hovhannes Avoyan - Director
- Sannidhi Purushotham - Director
- Laura Lynn Kilian - Additional Director
The latest financial statements of Picsart Technologies India 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 2022 are in the company report.
The GSTIN of Picsart Technologies India is 29AAMCP0385Q1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Picsart Technologies India is U72900KA2021FTC148095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Picsart Technologies India was incorporated on 03 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Picsart Technologies India has 1 deal on record (1 rights issue); the latest was in December 2021.
Laura Lynn Kilian was appointed as Additional Director on 03 Dec 2025. Sana Chopra ceased to be Additional Director on 17 Jun 2024. Girish Mulki Kamath ceased to be Additional Director on 05 Dec 2022. Picsart Technologies India has 5 board changes on record in total.
Picsart Technologies India has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Nov 2023.
Picsart Technologies India can be reached through the website picsart.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Picsart Technologies India is at #235 Binnamangala 2nd Floor, 13th Cross Road 2nd Stage, Bangalore, Karnataka, India – 560038.