About Scapic Innovations Private Limited
Data last updated:
Scapic Innovations Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Flipkart Internet Private Limited and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC102142. Its GSTIN is 29AAYCS4879A1ZL (Karnataka).
The company has an authorised share capital of ₹4.3 Cr and a paid-up capital of ₹51.06 Lakh. It is led by directors Prakash Sikaria (Whole-Time Director) and Ritesh Tibrewala.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹147.8 Cr (net margin -157.3%) and EBITDA of -₹147.51 Cr (EBITDA margin -157%). Revenue has grown at a compounded annual rate (CAGR) of 727% over three years and 129% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Scapic and Super.Money. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹47.19 Cr; the latest was in December 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scapic.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBuildings Alyssa Begonia & Clover Embassy Tech Village Outer Ring Rd Devarabeesanahal, Li Village, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Scapic Innovations Private Limited
The main business activity of Scapic Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Scapic Innovations Private Limited FY 2025 filings available
Scapic Innovations Private Limited reported revenue of ₹93.98 Cr (up 363% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Scapic Innovations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 129% over five years, including 363% growth in the latest year. EBITDA fell 622% 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 Scapic Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | -₹147.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹147.8 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Scapic Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -157% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -157.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Scapic Innovations are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Scapic Innovations Private Limited
Scapic Innovations Private Limited is audited by A S Shekhawat & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S Shekhawat & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Scapic Innovations Private Limited
Scapic Innovations has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Sikaria | Whole-Time Director | 09 Jan 2024 | 2 Years 8 Months | Current |
| Ritesh Tibrewala Also directs: Wal-Mart India Private Limited, Childrenite Private Limited | Director | 23 Dec 2022 | 3 Years 9 Months | Current |
Ownership and Shareholding of Scapic Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Scapic Innovations Private Limited
Scapic Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Scapic Innovations Private Limited
Scapic Innovations Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹47.19 Cr; the latest was in December 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round | ₹44 Cr | Investors: Flippay Private Limited |
| Jul 2023 | Rights issue | ₹120 Cr | Investors: Flippay Private Limited |
| Jun 2023 | Secondary share transfer | Buyer: Flippay Private Limited Seller: Flipkart Internet Private Limited | |
| Nov 2017 | Funding round | ₹3.19 Cr | Investors: Speciale Invest, Axilor, Pratithi Investments |
| Aug 2017 | Secondary share transfer | Buyer: 3 individuals Seller: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Scapic Innovations Private Limited
Scapic Innovations operates two associated brands: Scapic and super.money. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web-based platform for no-code interactive content creation is provided. | scapic.com | |
| A modern payments app is provided for faster, safer transactions. | super.money |
Competitors & Alternatives of Scapic Innovations Private Limited
Brands and companies operating in the same space as Scapic Innovations Private Limited include Paytm, PhonePe, MobiKwik and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Paytm | Digital payments, financial services, and e-commerce platforms are provided. | Noida, India | 2000 |
 PhonePe | Payment, financial, investment, and lending services are provided digitally. | Bengaluru, India | 2012 |
 MobiKwik | Operator of platform for online mobile, DTH recharge, and bill payments | Gurugram, India | 2009 |
 MoneyGram | Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States | 1940 |
 YouTrip | NFC-enabled travel cards and wallets are provided for travelers. | Singapore | 2018 |
 Perfect Corp | Provider of AI and AR-based virtual makeup application solutions | Taipei, Taiwan | 2014 |
 FreeCharge | Digital wallet services for bill payments and recharges are facilitated. | Gurugram, India | 2010 |
 Citrus Pay | Online payment app for consumers and businesses | Mumbai, India | 2011 |
 EbixCash | App-based money transfer and bill payment platform for individuals and businesses | Noida, India | 1989 |
 One97 Communications | Wallet-based payment solutions are provided for consumers and businesses. | Noida, India | 2000 |
Employees and EPFO Compliance at Scapic Innovations Private Limited
Employment history and EPFO contributions of people linked to Scapic Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Scapic Innovations Private Limited
Recent Activity on Scapic Innovations Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Scapic Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Scapic Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Scapic Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Scapic Innovations Private Limited
Scapic Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS4879A1ZL | Karnataka | Active | 08 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Scapic Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Scapic Innovations Private Limited
Scapic Innovations is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 April 2017 (9+ years old) and is registered under CIN U72900KA2017PTC102142.
Scapic Innovations reported revenue of ₹93.98 Cr for FY 2025 (up 363% YoY).
Scapic Innovations has 2 current directors:
- Prakash Sikaria - Whole-Time Director
- Ritesh Tibrewala - Director
Scapic Innovations reported a net loss of ₹147.8 Cr (net margin -157.3%) and EBITDA of -₹147.51 Cr (EBITDA margin -157%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Scapic Innovations is 727% over three years and 129% over five years. In the latest year (FY 2025) revenue rose 363%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Scapic Innovations is 29AAYCS4879A1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Scapic Innovations is U72900KA2017PTC102142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Scapic Innovations was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Scapic Innovations has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹47.19 Cr; the latest was in December 2025.