About Sifive India Private Limited
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Sifive India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Sifive Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC160518. Its GSTIN is 29ABICS3680C2Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Ramalingam Varadharajan and Ashu Jindal.
Its last annual general meeting (AGM) was held on 18 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 ₹93.7 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹9.03 Cr (net margin 9.6%) and EBITDA of ₹13.48 Cr (EBITDA margin 14.4%).
The company has about 113 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SiFive.
For more details, the company can be reached via its website sifive.com.
Company details
Contact details
Sifive India Private Limited's registered office is in Bangalore, Karnataka. Its website is sifive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBagmane Wtc 8th Floor Amber Building Orr Mahadevpura Kr Pura, M Hobli, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sifive India 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
Sifive India operates one associated brand: SiFive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based IP cores for system-on-chips are developed and supplied. | sifive.com |
Business activity
The main business activity of Sifive India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Sifive India Private Limited, buy the company report.
Financials of Sifive India Private Limited
FY 2025 filings availableSifive India Private Limited reported revenue of ₹93.7 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹13.48 Cr | ||
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| Tax Expense | |||
| Net Profit (PAT) | ₹9.03 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 14.4% | ||
| Net Profit Margin | 9.6% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Sifive India Private Limited, buy the company report.
Board of directors of Sifive India Private Limited
Sifive India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ramalingam Varadharajan | Director | 26 Apr 2022 | 4 Years 6 Months | Current |
| Ashu Jindal Also directs: Degreed Apac Private Limited | Director | 05 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
Sifive India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Noguilt Fitness and Nutrition India Private Limited | ₹95.28 Cr (FY 2024) | 200.0% | Chandigarh, India | |||
| Infinity Projects (India) Private Limited | ₹95.15 Cr (FY 2024) | 72.0% | Hyderabad, Telangana, India | |||
| Iio Technologies Private Limited | ₹94.59 Cr (FY 2025) | 379.0% | Bangalore, Karnataka, India | |||
| Envecon IT Systems Private Limited | ₹93.94 Cr (FY 2024) | -11.0% | Mumbai, Maharashtra, India | |||
| Sifive India Private Limitedthis company | ₹93.7 Cr (FY 2025) | ₹9.03 Cr | 9.6% | 1.0% | 113 | Bangalore, Karnataka, India |
| Orpak Systems India Private Limited | ₹93.67 Cr (FY 2025) | -16.0% | Coimbatore, Tamil Nadu, India | |||
| Airwaave Communicado India Private Limited | ₹93.57 Cr (FY 2016) | 31.0% | Bangalore, Karnataka, India | |||
| Nikom Infrasolutions Private Limited | ₹93.44 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Xapads Media Private Limited | ₹93.3 Cr (FY 2024) | -37.0% | New Delhi, Delhi, India | |||
| Remunance Services Private Limited | ₹93.24 Cr (FY 2025) | 28.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sifive India Private Limited, buy the company report.
Auditor
Sifive India Private Limited is audited by Guru & Jana Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru & Jana Chartered Accountants | FY 2023 | 006826S |
Shareholding
The shareholding of Sifive India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sifive India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sifive India 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 Sifive India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sifive India Private Limited has a workforce of 113 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Sifive India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABICS3680C2Z5 | Karnataka | Active | 27 Jun 2022 |
To see the full GST registrations and return filing status of Sifive India Private Limited, buy the company report.
Recent activity
Sifive India Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Ashu Jindal ceased to be Additional Director on 17 Sep 2024.
News
Frequently asked questions
Sifive India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 April 2022 (4+ years old) and is registered under CIN U72900KA2022FTC160518.
Sifive India has 2 current directors:
- Rajesh Ramalingam Varadharajan - Director
- Ashu Jindal - Director
The latest financial statements of Sifive India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Sifive India is 29ABICS3680C2Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sifive India is U72900KA2022FTC160518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sifive India was incorporated on 26 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sifive India by revenue are Noguilt Fitness and Nutrition India Private Limited, Infinity Projects (India) Private Limited, Iio Technologies Private Limited, Envecon IT Systems Private Limited, Orpak Systems India Private Limited and 4 more, all in the same principal business activity (other information & communication service activities).
Ashu Jindal ceased to be Additional Director on 17 Sep 2024. Ashu Jindal was appointed as Director on 05 Jul 2024. Gaurav Shrivastav ceased to be Additional Director on 14 Nov 2023. Sifive India has 6 board changes on record in total.
Sifive India can be reached through the website sifive.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sifive India is at Bagmane Wtc 8th Floor Amber Building Orr Mahadevpura Kr Pura, M Hobli, Bangalore, Karnataka, India – 560048.
Sifive India operates in the information technology industry, in the application development and software solutions segment.
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