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Sawara Solutions Private Limited - internet in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹71.21 Lakh
▲ 12770% YoY
Net loss · FY 2025
₹99.87 Lakh
Net margin -140.2%
EBITDA · FY 2025
-₹92.04 Lakh
EBITDA margin -129.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10.88 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Sawara Solutions Private Limited
Data last updated:
Sawara Solutions Private Limited is a private limited company based in Bengaluru, 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 03 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC143734. Its GSTIN is 29ABFCS3845N1ZN (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.88 Lakh. It is led by directors Ritesh Saraf and Sam Palathinthalackal Philip.
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 #118 Kacharakanahalli St Thomas Town Near Jyothi School Hennur Main Road, Bengaluru, Karnataka, India – 560084.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹99.87 Lakh (net margin -140.2%) and EBITDA of -₹92.04 Lakh (EBITDA margin -129.2%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years.
The company is associated with 1 brand: Promilo. The company has 2 deals on record (2 rights issues); the latest was in November 2022.
Sawara Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087920). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promilo.com.
Company details
CIN U72900KA2021PTC143734
Registration Number 143734
Incorporation Date 03 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0087920
Recognitions & Rankings of Sawara Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0087920
Contact details
Sawara Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is promilo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address#118 Kacharakanahalli St Thomas Town Near Jyothi School Hennur Main Road, Bengaluru, Karnataka, India – 560084
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Sawara Solutions Private Limited, buy the company report.
Comprehensive company report
Sawara Solutions Private Limited - one report that includes everything
- 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
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Brands
Sawara Solutions operates one associated brand: Promilo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based college discovery platform | promilo.com |
Business activity
The main business activity of Sawara Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Sawara Solutions Private Limited, buy the company report.
Financials of Sawara Solutions Private Limited
FY 2025 filings availableSawara Solutions Private Limited reported revenue of ₹71.21 Lakh (up 12770% YoY) for FY 2025.
Revenue · FY 2025
₹71.21 Lakh ▲ 12770%
Net loss · FY 2025
₹99.87 Lakh margin -140.2%
EBITDA · FY 2025
-₹92.04 Lakh margin -129.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 142%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 44%
Revenue has grown at a compounded annual rate (CAGR) of 142% over three years. EBITDA fell 14% 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 | FY 2020-21 |
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| EBITDA | -₹92.04 Lakh | ||||
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| Net Profit (PAT) | -₹99.87 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -129.2% | ||||
| Net Profit Margin | -140.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sawara Solutions Private Limited, buy the company report.
Board of directors of Sawara Solutions Private Limited
Sawara Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Saraf | Director | 03 Feb 2021 | 5 Years 8 Months | Current |
| Sam Palathinthalackal Philip Also directs: Qua Quest Tech Solutions Private Limited | Director | 03 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Sawara Solutions Private Limited is audited by Aithal Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aithal Associates | FY 2022 | 007956S |
Shareholding
The shareholding of Sawara Solutions Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sawara Solutions Private Limited, buy the company report.
Deals & funding
Sawara Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in November 2022.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹25 Lakh | Investors: an individual |
| Feb 2022 | Rights issue | ₹9.4 Lakh | Investors: 4 individuals |
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 Sawara Solutions 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 Sawara Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sawara Solutions Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Sawara Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABFCS3845N1ZN | Karnataka | Active | 31 Jul 2021 |
To see the full GST registrations and return filing status of Sawara Solutions Private Limited, buy the company report.
Recent activity
Sawara Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Ritesh Saraf was appointed as Director on 03 Feb 2021.
AGM
Sawara Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sawara Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Ritesh Saraf was appointed as Director.
Appointed
Sam Palathinthalackal Philip was appointed as Director.
Incorporation
03 Feb 2021
Sawara Solutions Private Limited was registered on 03 Feb 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Sawara Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 03 February 2021 (5+ years old) and is registered under CIN U72900KA2021PTC143734.
Sawara Solutions has 2 current directors:
- Ritesh Saraf - Director
- Sam Palathinthalackal Philip - Director
The latest financial statements of Sawara Solutions 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 2021 are in the company report.
The GSTIN of Sawara Solutions is 29ABFCS3845N1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Sawara Solutions is U72900KA2021PTC143734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sawara Solutions was incorporated on 03 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Sawara Solutions has 2 deals on record (2 rights issues); the latest was in November 2022.
Ritesh Saraf was appointed as Director on 03 Feb 2021. Sam Palathinthalackal Philip was appointed as Director on 03 Feb 2021.
Yes, Sawara Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Sawara Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0087920).