
About Proxelera Private Limited
Data last updated:
Proxelera Private Limited is a private limited company based in Bangalore, Karnataka, India, 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 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC147566. Its GSTIN is 29AAMCP0038L1Z2 (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.21 Cr. It is led by directors including Vijalapuram Ragavendra Mohan and Raja Rao Ravi Shankar.
Its last annual general meeting (AGM) was held on 22 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 ₹29.28 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.57 Cr (net margin -12.2%) and EBITDA of -₹2.26 Cr (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years.
The company has about 181 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Proxelera. As per MCA filings, the company has open charges of ₹13.9 Cr and satisfied charges of ₹3.62 Cr on record.
Proxelera Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0082127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proxelera.com.
Company details
Recognitions & Rankings of Proxelera
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0082127
Contact details
Proxelera Private Limited's registered office is in Bangalore, Karnataka. Its website is proxelera.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address44/A 1st Floor 1st Main Road, 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Proxelera 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
Proxelera operates one associated brand: Proxelera. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of silicon, system, and software product engineering services | proxelera.com |
Business activity
The main business activity of Proxelera is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Proxelera Private Limited, buy the company report.
Financials of Proxelera Private Limited
FY 2025 filings availableProxelera Private Limited reported revenue of ₹29.28 Cr (up 186% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 104% over three years, including 186% growth in the latest year. EBITDA rose 54% 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 | -₹2.26 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.57 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.7% | |||
| Net Profit Margin | -12.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Proxelera Private Limited, buy the company report.
Board of directors of Proxelera Private Limited
Proxelera has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijalapuram Ragavendra Mohan | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Raja Rao Ravi Shankar | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Bandaru Aparna Also directs: Start 2 Scale Venture LLP, Prahima Estates LLP, Datta Prabhas Consulting LLP and 4 more | Director | 03 Oct 2022 | 4 Years 0 Months | Current |
Peer comparison
Proxelera Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Driveu Mobility Solutions Private Limited | ₹29.55 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Prakash Software Solutions Private Limited | ₹29.53 Cr (FY 2025) | 15.0% | Vadodara, Gujarat, India | |||
| Karexpert Technologies Private Limited | ₹29.4 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India | |||
| Harsuk Technologies Private Limited | ₹29.39 Cr (FY 2024) | 154.0% | Kichha, Uttarakhand, India | |||
| Elait IT Technology Services Private Limited | ₹29.38 Cr (FY 2024) | 12.0% | Chennai, Tamil Nadu, India | |||
| Proxelera Private Limitedthis company | ₹29.28 Cr (FY 2025) | -₹3.57 Cr | -12.2% | 186.0% | 181 | Bangalore, Karnataka, India |
| Everestek Technosoft Solutions Private Limited | ₹29.27 Cr (FY 2024) | 12.0% | Thane, Maharashtra, India | |||
| Vintorix Private Limited | ₹29.27 Cr (FY 2024) | 324.0% | Chennai, Tamil Nadu, India | |||
| Soft Suave Technologies Private Limited | ₹29.27 Cr (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| Fiftyfive Technologies Private Limited | ₹29.25 Cr (FY 2024) | 55.0% | Jaipur, Rajasthan, India | |||
| Numile Solutions Private Limited | ₹29.2 Cr (FY 2024) | 62.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Proxelera Private Limited, buy the company report.
Auditor
Proxelera Private Limited is audited by ISHWAR AND GOPAL for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ISHWAR AND GOPAL | FY 2024 | 001154S |
Shareholding
The shareholding of Proxelera Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Proxelera Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2026 | 101339083 | Others | ₹90 Lakh | Open | |
| 09 Dec 2025 | 101205169 | Others | ₹13 Cr | Open | |
| 26 Nov 2022 | 100654040 | State Bank of India | ₹3.62 Cr | Satisfied |
To see the full charge records of Proxelera Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Proxelera 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
Proxelera Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 5 micro and small suppliers. 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| AI ML Services Private Limited | |||
| Flint Technology India Pvt Ltd | |||
| Design2signoff Semiconductor Private Limited | |||
| Menmentor Guarding and Facilities Private Limited | |||
| Vibhuaya Technologies Private Limited |
To see the full MSME payment records of Proxelera Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Proxelera Private Limited has a workforce of 181 employees on its EPFO records as of Nov 25, 2025, across 1 active EPFO establishment.
GST
Proxelera has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP0038L1Z2 | Karnataka | Active | 28 Jun 2021 |
To see the full GST registrations and return filing status of Proxelera Private Limited, buy the company report.
Recent activity
Proxelera Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Bandaru Aparna was appointed as Director on 03 Oct 2022.
Frequently asked questions
Proxelera is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U72900KA2021PTC147566.
Proxelera has 3 current directors:
- Vijalapuram Ragavendra Mohan - Director
- Raja Rao Ravi Shankar - Director
- Bandaru Aparna - Director
The latest financial statements of Proxelera on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Proxelera is 29AAMCP0038L1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Proxelera is U72900KA2021PTC147566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proxelera was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Proxelera by revenue are Driveu Mobility Solutions Private Limited, Prakash Software Solutions Private Limited, Karexpert Technologies Private Limited, Harsuk Technologies Private Limited, Elait IT Technology Services Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Bandaru Aparna was appointed as Director on 03 Oct 2022. Raja Rao Ravi Shankar was appointed as Director on 17 May 2021. Vijalapuram Ragavendra Mohan was appointed as Director on 17 May 2021.
Yes, Proxelera is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Proxelera is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0082127).
Proxelera has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Proxelera can be reached through the website proxelera.com. Its registered office is in Bangalore, Karnataka, India.