Settlrs Venture Private Limited

Settlrs Venture Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC103960 Incorporated 19 June 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2024
₹7.72 Cr
▼ 17% YoY
Net loss · FY 2024
₹95.19 Lakh
Net margin -12.3%
EBITDA · FY 2024
₹1.5 Cr
EBITDA margin 19.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.4 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Settlrs Venture Private Limited

Data last updated:

Settlrs Venture Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 19 June 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC103960. Its GSTIN is 29AAYCS8310G1ZR (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.4 Lakh. It is led by directors including Arun Kumar and Nishanth Janadri.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.72 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹95.19 Lakh (net margin -12.3%) and EBITDA of ₹1.5 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 97% over five years.

The company is associated with 1 brand: Settlrs. As per MCA filings, the company has open charges of ₹1.5 Cr on record. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹6.79 Cr; the latest was in January 2022.

Settlrs Venture Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0112099). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website settlrs.com.

Company details

CIN U74999KA2017PTC103960
Registration Number 103960
Incorporation Date 19 June 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0112099
Key People
Arun Kumar Director Nishanth Janadri Director Gaurav Shreepadraj Ranebennur Director

Recognitions & Rankings of Settlrs Venture

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0112099

Contact details

Settlrs Venture Private Limited's registered office is in Bangalore, Karnataka. Its website is settlrs.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    settlrs.com
  • Social Media
  • Registered Address
    3rd Floor Clayworks Shankara Doddakallasandra, Kanakapura Main Rd, Bangalore, Karnataka, India – 560062
  • Industry
    Financial Services, Equipment Leasing & Financing

To see the full contact details of Settlrs Venture Private Limited, buy the company report.

Comprehensive company report
Settlrs Venture 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

Settlrs Venture operates one associated brand: Settlrs. Each brand links to its own profile.

BrandDescriptionWebsite
Settlrs
Online rentals for home improvement products are provided.settlrs.com

Business activity

The main business activity of Settlrs Venture is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Settlrs Venture Private Limited, buy the company report.

Financials of Settlrs Venture Private Limited

FY 2024 filings available

Settlrs Venture Private Limited reported revenue of ₹7.72 Cr (down 17% YoY) for FY 2024.

Revenue · FY 2024
₹7.72 Cr ▼ 17%
Net loss · FY 2024
₹95.19 Lakh margin -12.3%
EBITDA · FY 2024
₹1.5 Cr margin 19.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 95%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 286%
5 years · compounded
▲ 85%

Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 38% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹95.19 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19.5%
Net Profit Margin-12.3%
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 Settlrs Venture Private Limited, buy the company report.

Board of directors of Settlrs Venture Private Limited

Settlrs Venture has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun Kumar
Also directs: Blue Khaki Business Solutions Private Limited
Director02 Feb 20197 Years 9 MonthsCurrent
Nishanth JanadriDirector12 Jun 20188 Years 4 MonthsCurrent
Gaurav Shreepadraj Ranebennur
Also directs: Dopplr Technologies LLP, Chapter Nine Ventures Private Limited, Smew Tech Labs Private Limited
Director19 Jun 20179 Years 4 MonthsCurrent
View all directors

Auditor

Settlrs Venture Private Limited is audited by SAPTHAGIRI & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SAPTHAGIRI & COFY 2023018763S

Shareholding

The shareholding of Settlrs Venture Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Settlrs Venture Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Dec 2021100521039Indian Bank₹1.5 CrOpen

Total charge records: 1 View all charges

Deals & funding

Settlrs Venture Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹6.79 Cr; the latest was in January 2022.

Total deals
5
Funding rounds
5
Disclosed funding
₹6.79 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Jan 2022Funding round₹4.73 CrInvestors: Canbank Ventures, MaGEHold, 2 individuals
Jan 2021Funding round₹91.5 LakhInvestors: MaGEHold, 2 individuals
Mar 2019Funding round₹65 LakhInvestors: Blue Khaki Investment
Jan 2019Funding round₹18.5 LakhInvestors: Blue Khaki Investment
Nov 2018Funding round₹31.5 LakhInvestors: Blue Khaki Investment

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Settlrs Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Settlrs Venture has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAYCS8310G1ZRKarnatakaActive01 Mar 2019

To see the full GST registrations and return filing status of Settlrs Venture Private Limited, buy the company report.

Recent activity

Settlrs Venture Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Chaitra Krishna Bharadwaj ceased to be Director on 01 Nov 2019.

AGM
Settlrs Venture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Settlrs Venture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Indian Bank amounted to Rs. 150.00 Lakh with Charge ID 100521039 was registered on 01 Dec 2021.
Ceased
Chaitra Krishna Bharadwaj ceased to be Director.
Appointed
Arun Kumar was appointed as Director.
Appointed
Nishanth Janadri was appointed as Director.
Appointed
Gaurav Shreepadraj Ranebennur was appointed as Director.
Incorporation
19 Jun 2017
Settlrs Venture Private Limited was registered on 19 Jun 2017 with Roc Bangalore & aged 9 years 4 months as per MCA records.

News

Frequently asked questions

Settlrs Venture is an active private limited company based in Bangalore, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 19 June 2017 (9+ years old) and is registered under CIN U74999KA2017PTC103960.

Settlrs Venture has 3 current directors:

The latest financial statements of Settlrs Venture on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Settlrs Venture is 29AAYCS8310G1ZR, registered in Karnataka.

The CIN (Corporate Identification Number) of Settlrs Venture is U74999KA2017PTC103960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Settlrs Venture was incorporated on 19 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Settlrs Venture has 5 deals on record (5 funding rounds), with disclosed funding of ₹6.79 Cr; the latest was in January 2022.

Chaitra Krishna Bharadwaj ceased to be Director on 01 Nov 2019. Arun Kumar was appointed as Director on 02 Feb 2019. Nishanth Janadri was appointed as Director on 12 Jun 2018. Settlrs Venture has 4 board changes on record in total.

Yes, Settlrs Venture is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Settlrs Venture is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0112099).