About Shopflo Technologies Private Limited
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Shopflo Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Shopflo Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2021PTC391307. Its GSTIN is 07ABHCS5045C1ZI (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.78 Lakh. It is led by directors including Ishan Rakshit and Ankit Bansal.
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 Plot No S – 151/A Kh No 14/22/5/3 14/23 D Block Qutub Vihar Phase – I Gali No.10, New Delhi, Delhi, India – 110071.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.45 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹3.3 Cr (net margin -21.4%) and EBITDA of -₹3.09 Cr (EBITDA margin -20%).
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bzaar and Shopflo. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in April 2026. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Verastar Solutions Private Limited with revenue of ₹15.57 Cr.
For more details, the company can be reached via its website shopflo.com.
Company details
Contact details
Shopflo Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is shopflo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No S – 151/A Kh No 14/22/5/3 14/23 D Block Qutub Vihar Phase – I Gali No.10, New Delhi, Delhi, India – 110071
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Shopflo Technologies 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
Shopflo Technologies operates two associated brands: Bzaar and Shopflo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of end-to-end supply chain solutions for sourcing from a specific region | bzaar.com | |
| Provider of checkout suite solutions for e-tailers | shopflo.com |
Business activity
The main business activity of Shopflo Technologies 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 Shopflo Technologies Private Limited, buy the company report.
Financials of Shopflo Technologies Private Limited
FY 2025 filings availableShopflo Technologies Private Limited reported revenue of ₹15.45 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year. EBITDA fell 532% 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 |
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| EBITDA | -₹3.09 Cr | |||
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| Net Profit (PAT) | -₹3.3 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | -20% | |||
| Net Profit Margin | -21.4% | |||
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To see the full financial statements and ratios of Shopflo Technologies Private Limited, buy the company report.
Board of directors of Shopflo Technologies Private Limited
Shopflo Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishan Rakshit Also directs: Sortment Technologies Private Limited | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
| Ankit Bansal Also directs: Sortment Technologies Private Limited | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
| Priy Ranjan | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Shopflo Technologies 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 |
|---|---|---|---|---|---|---|
| Verastar Solutions Private Limited | ₹15.57 Cr (FY 2025) | 112.0% | Sanpada, Maharashtra, India | |||
| Grapeban Solutions Private Limited | ₹15.51 Cr (FY 2025) | -55.0% | Noida, Uttar Pradesh, India | |||
| Hedgeinfo Systems Private Limited | ₹15.5 Cr (FY 2025) | 33.0% | Kochi, Kerala, India | |||
| Spell Skill Services Private Limited | ₹15.49 Cr (FY 2022) | 63.0% | Chennai, Tamil Nadu, India | |||
| Mlit-18 Technology Private Limited | ₹15.47 Cr (FY 2024) | 121.0% | Mumbai, Maharashtra, India | |||
| Shopflo Technologies Private Limitedthis company | ₹15.45 Cr (FY 2025) | -₹3.3 Cr | -21.4% | 66.0% | 30 | New Delhi, Delhi, India |
| Priyasharma Software Private Limited | ₹15.41 Cr (FY 2024) | 12.0% | Hyderabad, Telangana, India | |||
| Valtrix Technologies Private Limited | ₹15.31 Cr (FY 2024) | -16.0% | Bangalore, Karnataka, India | |||
| Indicus Software Private Limited | ₹15.26 Cr (FY 2025) | 30.0% | Pune, Maharashtra, India | |||
| Wings Infonet Private Limited | ₹15.26 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| RF Info Systems Private Limited | ₹15.25 Cr (FY 2025) | 45.0% | Mannivakkam, Tamil Nadu, India |
To see the full peer comparison of Shopflo Technologies Private Limited, buy the company report.
Auditor
Shopflo Technologies Private Limited is audited by Jinesh Shingavi & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jinesh Shingavi & Associates | FY 2023 | 139559W |
Shareholding
The shareholding of Shopflo Technologies Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shopflo Technologies Private Limited, buy the company report.
Deals & funding
Shopflo Technologies Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in April 2026.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Acquisition | ₹88 Cr | Buyer: Pine Labs Limited. |
| Mar 2022 | Rights issue | ₹10.91 Cr | Investors: Shopflo Inc |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Shopflo Inc Seller: an individual |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 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 Shopflo Technologies 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 Shopflo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shopflo Technologies Private Limited has a workforce of 30 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Shopflo Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABHCS5045C1ZI | Delhi | Active | 28 Jan 2022 |
To see the full GST registrations and return filing status of Shopflo Technologies Private Limited, buy the company report.
Recent activity
Shopflo Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Ankit Bansal was appointed as Director on 16 Dec 2021.
From our blog
Frequently asked questions
Shopflo Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 December 2021 (5+ years old) and is registered under CIN U72900DL2021PTC391307.
Shopflo Technologies has 3 current directors:
- Ishan Rakshit - Director
- Ankit Bansal - Director
- Priy Ranjan - Director
The latest financial statements of Shopflo Technologies 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 2022 are in the company report.
The GSTIN of Shopflo Technologies is 07ABHCS5045C1ZI, registered in Delhi.
The CIN (Corporate Identification Number) of Shopflo Technologies is U72900DL2021PTC391307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shopflo Technologies was incorporated on 16 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Shopflo Technologies has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 acquisition); the latest was in April 2026.
The peers of Shopflo Technologies by revenue are Verastar Solutions Private Limited, Grapeban Solutions Private Limited, Hedgeinfo Systems Private Limited, Spell Skill Services Private Limited, Mlit-18 Technology Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Ankit Bansal was appointed as Director on 16 Dec 2021. Ishan Rakshit was appointed as Director on 16 Dec 2021. Priy Ranjan was appointed as Director on 16 Dec 2021.
Shopflo Technologies can be reached through the website shopflo.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Shopflo Technologies is at Plot No S – 151A Kh No 142253 1423 D Block Qutub Vihar Phase – I Gali No.10, New Delhi, Delhi, India – 110071.