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Pixart Technologies Private Limited - internet in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.64 Cr
▲ 107% YoY
Net profit · FY 2024
₹1.9 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹3.63 Lakh
EBITDA margin 2.2%
Authorised capital
₹7 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Pixart Technologies Private Limited
Data last updated:
Pixart Technologies Private Limited is a private limited company based in Hubli, Karnataka, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 16 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118593. Its GSTIN is 29AAKCP2031P1ZZ (Karnataka).
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praphul Mandewalkar and Vinuth Shivanand Holehonur.
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 First Floor Rh Kulkarni Complex Bvb Campus Vidyanagar, Hubli, Karnataka, India – 580031.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.64 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Lakh (net margin 1.2%) and EBITDA of ₹3.63 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 183% over three years and 226% over five years.
The company is associated with 1 brand: Edplore. As per MCA filings, the company has open charges of ₹30 Lakh on record.
Pixart Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0019281). For more details, the company can be reached via its website unplugstories.com.
Company Details of Pixart Technologies Private Limited
CIN U74999KA2018PTC118593
Registration Number 118593
Incorporation Date 16 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-13-0019281
Recognitions & Rankings of Pixart Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0019281
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFirst Floor Rh Kulkarni Complex Bvb Campus Vidyanagar, Hubli, Karnataka, India – 580031
- IndustryInternet, Online Service Marketplaces
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Associated Brands with Pixart Technologies Private Limited
Pixart Technologies operates one associated brand: Edplore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides customizable educational books and apps for preschool curriculum. | edplore.org |
Business Activity of Pixart Technologies Private Limited
The main business activity of Pixart Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Pixart Technologies Private Limited FY 2025 filings available
Pixart Technologies Private Limited reported revenue of ₹1.64 Cr (up 107% YoY) for FY 2024.
Revenue · FY 2024
₹1.64 Cr ▲ 107%
Net profit · FY 2024
₹1.9 Lakh margin 1.2%
EBITDA · FY 2024
₹3.63 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR) of Pixart Technologies Private Limited
Revenue CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 183%
5 years · compounded
▲ 226%
EBITDA CAGR growth
1 year
▲ 177%
3 years · compounded
▲ 110%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 226% over five years, including 107% growth in the latest year. EBITDA rose 177% 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 of Pixart Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.9 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 of Pixart Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 Pixart Technologies are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Pixart Technologies Private Limited
Pixart Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praphul Mandewalkar | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Vinuth Shivanand Holehonur | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
Peer Comparison of Pixart Technologies Private Limited
Pixart Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Happyplus Consulting Private Limited | ₹1.66 Cr (FY 2024) | •••• | •••• | 124.0% | •••• | Mumbai, Maharashtra, India |
| Flaplive Innovations Private Limited | ₹1.66 Cr (FY 2022) | •••• | •••• | 2622.0% | •••• | Hyderabad, Telangana, India |
| Doubleyou Technologies Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
| Aastha Online Ventures LLP | ₹1.65 Cr (FY 2021) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| 1View Solutions Private Limited | ₹1.65 Cr (FY 2025) | •••• | •••• | 143.0% | •••• | Gurgaon, Haryana, India |
| Pixart Technologies Private Limited this company | ₹1.64 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Hubli, Karnataka, India |
| Chic Parisien Fashion India Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Jaipur, Rajasthan, India |
| Arvey Ventures Private Limited | ₹1.64 Cr (FY 2025) | •••• | •••• | 2559933.0% | •••• | Mangalore, Karnataka, India |
| Boatman Tech Private Limited | ₹1.64 Cr (FY 2021) | •••• | •••• | -57.0% | •••• | Chennai, Tamil Nadu, India |
| Docthub Health Tech Private Limited | ₹1.63 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
| Wondrlab Technologies Private Limited | ₹1.63 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pixart Technologies by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pixart Technologies Private Limited
Pixart Technologies Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHY & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Pixart Technologies Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Pixart Technologies Private Limited
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2024 | State Bank of India | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Pixart Technologies Private Limited
Employment history and EPFO contributions of people linked to Pixart Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Pixart Technologies Private Limited
Pixart Technologies Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Praphul Mandewalkar was appointed as Director on 16 Nov 2018.
AGM
Pixart Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pixart Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 100943871 was registered on 10 Apr 2024.
Appointed
Praphul Mandewalkar was appointed as Director.
Appointed
Vinuth Shivanand Holehonur was appointed as Director.
Incorporation
16 Nov 2018
Pixart Technologies Private Limited was registered on 16 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Pixart Technologies Private Limited
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Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Pixart Technologies Private Limited
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Subsidiaries & Group Companies of Pixart Technologies Private Limited
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Corporate group structure
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GST Compliance of Pixart Technologies Private Limited
Pixart Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP2031P1ZZ | Karnataka | Active | 21 Dec 2018 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Pixart Technologies Private Limited
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Frequently Asked Questions about Pixart Technologies Private Limited
Pixart Technologies is an active private limited company based in Hubli, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 16 November 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118593.
Pixart Technologies reported revenue of ₹1.64 Cr for FY 2024 (up 107% YoY).
Pixart Technologies has 2 current directors:
- Praphul Mandewalkar - Director
- Vinuth Shivanand Holehonur - Director
Pixart Technologies reported a net profit of ₹1.9 Lakh (net margin 1.2%) and EBITDA of ₹3.63 Lakh (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pixart Technologies is 183% over three years and 226% over five years. In the latest year (FY 2024) revenue rose 107%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pixart Technologies is 29AAKCP2031P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Pixart Technologies is U74999KA2018PTC118593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pixart Technologies was incorporated on 16 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pixart Technologies by revenue are Happyplus Consulting Private Limited, Flaplive Innovations Private Limited, Doubleyou Technologies Private Limited, Aastha Online Ventures LLP, 1View Solutions Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Praphul Mandewalkar was appointed as Director on 16 Nov 2018. Vinuth Shivanand Holehonur was appointed as Director on 16 Nov 2018.
Yes, Pixart Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).